NOT LISTED FOR SALE

10429 Norwich Rd Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $757,115 - $835,000

3 Beds
3 Baths
2,009 Sq Ft
$397/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $466,900 $232 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,806/month

277 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Parking available for a boat
  • Water Access
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Bay View

About This Home

As of June 2020

This stunning, furnished and turn key 3BR, 3 full BA waterfront home in the Cape Isle of Wight neighborhood has tremendous views of the Ocean City skyline, beautifully updated kitchen and bathrooms and multiple decks to enjoy the bay breeze and numerous water views. The open concept living space features a main floor bedroom with bathroom, kitchen, fireplace, screened in porch with freshly stained decks, new HVAC (2019) and laundry. There is an over-sized master suite with bonus room facing the bay that is currently used as a 4th bedroom. The bedrooms are all a great size and all windows in the house boast amazing views. Bring your boat and park it out back in your canal with boat lift and deeded dock. No city taxes or HOA fees and you are just a short 5 minute boat or car ride to Ocean City. West Ocean City features tons of restaurants, shopping, marinas and blue ribbon schools. This house was in a rental program and grossed over 30K/year. Check out this hidden gem today!

Last Agent to Sell the Property

Melanie Shoff

Coastal Life Realty Group LLC Listed on: 08/19/2019

Last Buyer's Agent

Melanie Shoff

Coastal Life Realty Group LLC Listed on: 08/19/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,934

Year Built

  • Built in 2002

Lot Details

  • 7,273 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Extensive Hardscape
  • Property is zoned R-2

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • Parking available for a boat

Property Views

  • Bay
  • City
  • Canal

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,009 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Off Kitchen
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near a canal
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Heater

Community Details

  • No Home Owners Association
  • Cape Isle Of Wight Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 8
  • Assessor Parcel Number 10-002141

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,934

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Exclusions: some personal items
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Remarks Public: This stunning, furnished and turn key 3BR, 3 full BA waterfront home in the Cape Isle of Wight neighborhood has tremendous views of the Ocean City skyline, beautifully updated kitchen and bathrooms and multiple decks to enjoy the bay breeze and numerous water views. The open concept living space features a main floor bedroom with bathroom, kitchen, fireplace, screened in porch with freshly stained decks, new HVAC (2019) and laundry. There is an over-sized master suite with bonus room facing the bay that is currently used as a 4th bedroom. The bedrooms are all a great size and all windows in the house boast amazing views. Bring your boat and park it out back in your canal with boat lift and deeded dock. No city taxes or HOA fees and you are just a short 5 minute boat or car ride to Ocean City. West Ocean City features tons of restaurants, shopping, marinas and blue ribbon schools. This house was in a rental program and grossed over 30K/year. Check out this hidden gem today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Wood Floors, Primary Bedroom - Bay Front
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2009
  • Living Area Sq Ft: 2009
  • Price Per Sq Ft: 238.43
  • Above Grade Finished Sq Ft: 2009
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10429

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Boat Storage, Extensive Hardscape, Exterior Lighting, Outside Shower
  • Roof: Architectural Shingle
  • View: Bay, Canal, City, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7273.00
  • Outdoor Living Structures: Deck(s), Enclosed, Screened
  • Year Assessed: 2020
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5397350
  • Tax Annual Amount: 3934.00
  • Assessor Parcel Number: 10-002141
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 1880
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 06/30/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Jun 30, 2020
Sold by
Seidel David Eric and Seidel Amber Lynn
Bought by
Sonner John L and Sonner Melissa S
Seller's Agent
Melanie Shoff
Coastal Life Realty Group LLC
Buyer's Agent
Melanie Shoff
Coastal Life Realty Group LLC
List Price
$495,000
Sold Price
$466,900
Premium/Discount to List
-$28,100
-5.68%
Current Estimated Value
$798,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,129
Avg. Annual Appreciation
10.96%
Original Mortgage
$420,210
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2014
Sold by
Schuler Robert and Wolf Winifred
Bought by
Seidel David Eric and Seidel Amber Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,920
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 16, 2003
Sold by
Robert Schuler and Ann Katherine
Bought by
Robert Schuler

Purchase Details

Closed on
Dec 5, 2001
Sold by
Withers Dale R and Withers Carol C
Bought by
Schuler Robert and Schuler Katherine Ann

Purchase Details

Closed on
Mar 5, 2001
Sold by
Corona Joseph Michael
Bought by
Withers Dale R and Withers Carol C
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sonner John L $466,900 Ocean Investments Title Corp
Seidel David Eric $409,900 Commonwealth Land Title
Robert Schuler -- --
Schuler Robert $289,450 --
Withers Dale R $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sonner John $292,900
Closed Sonner John L $420,210
Previous Owner Seidel David Eric $327,920
Previous Owner Schuler Robert $320,000
Previous Owner Schuler Robert $329,000
Closed Withers Dale R --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $466,900 -2.5% $232 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/06/2020 05/06/20 Price Changed $479,000 -1.2% $238 / Sq Ft
01/30/2020 01/30/20 Price Changed $485,000 -1.4% $241 / Sq Ft
01/07/2020 01/07/20 Price Changed $492,000 -0.4% $245 / Sq Ft
10/21/2019 10/21/19 Price Changed $494,000 -0.2% $246 / Sq Ft
08/19/2019 08/19/19 For Sale $495,000 -- $246 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,491 $631,600 $228,600 $403,000
2024 $5,491 $576,300 $0 $0
2023 $4,964 $521,000 $0 $0
2022 $4,437 $465,700 $216,100 $249,600
2021 $4,283 $447,500 $0 $0
2020 $4,108 $429,300 $0 $0
2019 $3,934 $411,100 $231,100 $180,000
2018 $3,765 $399,367 $0 $0
2017 $3,560 $387,633 $0 $0
2016 -- $375,900 $0 $0
2015 $2,739 $364,000 $0 $0
2014 $2,739 $352,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melanie Shoff

    Seller's Agent in 2020

    Melanie Shoff

    Coastal Life Realty Group LLC

    (443) 373-8399

    16 in this area

    239 Total Sales

    Melanie Shoff
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Map

Source: Bright MLS

MLS Number: MDWO108472

Bright MLS

APN: 10-002141

Maryland Worcester County Ocean City 21842 West Ocean City

10429 Norwich Rd, Ocean City, MD

This home is located at 10429 Norwich Rd, Ocean City, MD 21842 since 19 August 2019 and is currently estimated at $798,029, approximately $397 per square foot. This property was built in 2002. 10429 Norwich Rd is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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