NOT LISTED FOR SALE

10506 Norwich Rd Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $616,909 - $711,000

3 Beds
1 Bath
1,796 Sq Ft
$365/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $425,127 $237 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,930/month

2 Days on Market

Highlights

  • Private Dock Site
  • Home fronts navigable water
  • Bay View
  • Ocean City Elementary School Rated A
  • Water Access
  • No HOA

About This Home

As of March 2021

Great opportunity to own waterfront property in West Ocean City! Well maintained beach home with beautiful views of the bay and Ocean City Skyline! Boat Dock! Easy access to the bay and ocean! Plenty of parking! Lots of storage under home including a climate controlled portion! Recent improvements include all new windows, exterior doors , interior doors, converted sun porch to 4 season space with split HVAC system, finished attic space, new air handler and duct work! Water filtration system! No HOA fees! No City Taxes! Close to the beaches of Ocean City and Assateague Island, dining, shopping, golfing,movie theater and more! Ready for you to move in and enjoy!!

Last Agent to Sell the Property

Christopher DiGristine

Berkshire Hathaway HomeServices PenFed Realty-WOC License #528886 Listed on: 02/12/2021

Berkshire Hathaway HomeServices PenFed Realty-WOC

Last Buyer's Agent

Richard Joy

Fairfax Realty of Tysons License #0225215021

Fairfax Realty of Tysons

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,164

Year Built

  • Built in 1976

Lot Details

  • 7,487 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Property is in excellent condition
  • Property is zoned R-2

Parking

  • Off-Street Parking

Home Design

  • Architectural Shingle Roof
  • Piling Construction

Interior Spaces

  • 1,796 Sq Ft Home
  • Property has 1 Level
  • Stone Fireplace
  • Bay Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property is near a canal
  • Private Dock Site
  • Shed

Location

  • Flood Risk

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Cape Isle Of Wight Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 10-001730

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,164

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-02-13
  • Federal Flood Zone: Yes
  • Year Built: 1976
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Great opportunity to own waterfront property in West Ocean City! Well maintained beach home with beautiful views of the bay and Ocean City Skyline! Boat Dock! Easy access to the bay and ocean! Plenty of parking! Lots of storage under home including a climate controlled portion! Recent improvements include all new windows, exterior doors , interior doors, converted sun porch to 4 season space with split HVAC system, finished attic space, new air handler and duct work! Water filtration system! No HOA fees! No City Taxes! Close to the beaches of Ocean City and Assateague Island, dining, shopping, golfing,movie theater and more! Ready for you to move in and enjoy!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1796
  • Living Area Sq Ft: 1796
  • Price Per Sq Ft: 231.07
  • Above Grade Finished Sq Ft: 1796
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10506

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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: 7487.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5397317
  • Tax Annual Amount: 3164.00
  • Assessor Parcel Number: 10-001730
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1796
  • Tax Year: 2020
  • Close Date: 03/19/2021

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 17, 2021
Sold by
Welling Frederic Brayshaw
Bought by
Colonell Patrick Todd and Colonell Karen Susan
Seller's Agent
Christopher DiGristine
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Richard Joy
Fairfax Realty of Tysons
List Price
$415,000
Sold Price
$425,127
Premium/Discount to List
$10,127
2.44%
Current Estimated Value
$656,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,100
Avg. Annual Appreciation
10.61%
Original Mortgage
$160,000
Outstanding Balance
$120,219
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$544,938

Purchase Details

Closed on
Apr 22, 2016
Sold by
Fletcher Charlotte Anne and Fletcher John S
Bought by
Welling Frederic Bayshaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 1991
Sold by
Breitenbach John G
Bought by
Fletcher Charlotte Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.59%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Colonell Patrick Todd $425,127 Atlantic Title & Escrow Co
Welling Frederic Bayshaw $337,500 Creekside Title Llc
Fletcher Charlotte Ann $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colonell Patrick Todd $160,000
Previous Owner Welling Frederic Bayshaw $303,750
Previous Owner Fletcher Charlotte Ann $279,000
Previous Owner Fletcher Charlotte Ann $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $425,127 +2.4% $237 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $415,000 -- $231 / 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 $4,250 $503,400 $201,200 $302,200
2024 $4,250 $446,067 $0 $0
2023 $3,704 $388,733 $0 $0
2022 $3,158 $331,400 $186,200 $145,200
2021 $3,164 $330,600 $0 $0
2020 $3,156 $329,800 $0 $0
2019 $3,149 $329,000 $186,200 $142,800
2018 $2,818 $308,533 $0 $0
2017 $2,534 $288,067 $0 $0
2016 $2,534 $267,600 $0 $0
2015 $2,471 $267,600 $0 $0
2014 $2,471 $267,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christopher DiGristine

    Seller's Agent in 2021

    Christopher DiGristine

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    (443) 373-4324

    8 in this area

    23 Total Sales

    Christopher DiGristine
    Section Image
  • Richard Joy

    Buyer's Agent in 2021

    Richard Joy

    Fairfax Realty of Tysons

    (703) 298-3350

    2 in this area

    7 Total Sales

    Richard Joy
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO120050

Bright MLS

APN: 10-001730

Maryland Worcester County Ocean City 21842 West Ocean City

10506 Norwich Rd, Ocean City, MD

This home is located at 10506 Norwich Rd, Ocean City, MD 21842 since 12 February 2021 and is currently estimated at $656,227, approximately $365 per square foot. This property was built in 1976. 10506 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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