NOT LISTED FOR SALE

10512 Keyser Point Rd Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $441,000 - $507,000

2 Beds
1 Bath
768 Sq Ft
$610/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $435,000 $566 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,722/month

8 Days on Market

Highlights

  • 60 Feet of Waterfront
  • 1 Dock Slip
  • Canal View
  • Ocean City Elementary School Rated A
  • Access to Tidal Water
  • Rambler Architecture

About This Home

As of February 2024

Opportunity Knocks - Looking for a waterfront small home with room for expansion (go up or have home raised) must check with County to confirm. This 2 bedroom home features, newer windows, roof and vinyl Bulkhead (replaced in 2023). Bath completely redone making this home ready to enjoy with no extra expenses. Kitchen appliances replaced, Bryant ductless Heat/AC is a split unit. Well pump and hot water heater are in the adjoining shed. This is the perfect starter home for 1 or 2. Located on a high lot which does not require flood insurance. The 3 season porch is delightful and the 10x16 shed is on property. Boat lift is 4,000 lb combined. Full size washer/dryer stack unit in closet. Off street parking for 2. Easy access to the Isle of Wight Bay. What a fun Summer place! Don't miss out.

Last Agent to Sell the Property

Linda Moran

(443) 614-2261 linda.moran@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #52961 Listed on: 12/21/2023

Berkshire Hathaway HomeServices PenFed Realty-WOC

Last Buyer's Agent

Heidi Thomas

(240) 678-8387 heidithomas@boblucidoteam.com Atlantic Shores Sotheby's International Realty

Atlantic Shores Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,617

Year Built

  • Built in 1972

Lot Details

  • 7,550 Sq Ft Lot
  • 60 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • East Facing Home
  • Property is in very good condition
  • Property is zoned R-2

Home Design

  • Rambler Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 768 Sq Ft Home
  • Property has 1 Level
  • Vinyl Clad Windows
  • Sliding Doors
  • Canal Views
  • Storm Doors

Kitchen

  • Electric Oven or Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Private Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Bulkhead
  • Electric Hoist or Boat Lift
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Dock Against Bulkhead
  • Powered Boats Permitted
  • Shed

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Back Up Electric Heat Pump System
  • Electric Baseboard Heater
  • Well
  • High-Efficiency Water Heater
  • Water Conditioner is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cape Isle Of Wight Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 2410001250

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,617

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-12-22
  • Federal Flood Zone: No
  • Year Built: 1972
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dryer - Front Loading, Oven/Range - Electric, Washer - Front Loading, Washer/Dryer Stacked, Water Conditioner - Owned, Water Heater - High-Efficiency
  • Window Features: Energy Efficient, Vinyl Clad
  • Fireplace: No
  • Door Features: Sliding Glass, Storm
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 768
  • Living Area Sq Ft: 768
  • Price Per Sq Ft: 571.61
  • Above Grade Finished Sq Ft: 768
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10512

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access Features: Boat - Powered
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 60

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway, Private
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Lot Info

  • Land Use Code: R
  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7550.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2617.00
  • Assessor Parcel Number: 2410001250
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 768
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 02/06/2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Feb 6, 2024
Sold by
Walters Frederick O
Bought by
Younger Matthew B
Seller's Agent
Linda Moran
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Heidi Thomas
Atlantic Shores Sotheby's International Realty
List Price
$439,000
Sold Price
$435,000
Premium/Discount to List
-$4,000
-0.91%
Views
317
Current Estimated Value
$468,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,332
Avg. Annual Appreciation
4.39%
Original Mortgage
$150,000
Outstanding Balance
$147,349
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$320,983

Purchase Details

Closed on
May 6, 2016
Sold by
Bell William C
Bought by
Walters Frederick O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2012
Sold by
Bell William C and Bell Jacqueline Y
Bought by
Bell Family Trust and Bell William C
Source: Public Records

Range of Values:

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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
Younger Matthew B $435,000 Old Republic Title
Younger Matthew B $435,000 Old Republic Title
Walters Frederick O $200,000 First American Title Ins Co
Bell Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Younger Matthew B $150,000
Closed Younger Matthew B $150,000
Previous Owner Walters Frederick O $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2024 02/06/24 Sold $435,000 -0.9% $566 / Sq Ft
12/30/2023 12/30/23 Pending -- -- --
12/21/2023 12/21/23 For Sale $439,000 -- $572 / 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 $3,188 $345,400 $176,200 $169,200
2024 $2,948 $309,433 $0 $0
2023 $2,293 $273,467 $0 $0
2022 $2,208 $237,500 $156,200 $81,300
2021 $2,151 $228,800 $0 $0
2020 $2,086 $220,100 $0 $0
2019 $2,023 $211,400 $169,100 $42,300
2018 $1,984 $210,467 $0 $0
2017 $1,984 $209,533 $0 $0
2016 -- $208,600 $0 $0
2015 $1,835 $208,600 $0 $0
2014 $1,835 $208,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Moran

    Seller's Agent in 2024

    Linda Moran

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    (443) 614-2261

    15 in this area

    68 Total Sales

    Linda Moran
    Section Image
  • Heidi Thomas

    Buyer's Agent in 2024

    Heidi Thomas

    Atlantic Shores Sotheby's International Realty

    (240) 678-8387

    2 in this area

    49 Total Sales

    Heidi Thomas
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2017732

Bright MLS

APN: 10-001250

Maryland Worcester County Ocean City 21842 West Ocean City

10512 Keyser Point Rd, Ocean City, MD

This home is located at 10512 Keyser Point Rd, Ocean City, MD 21842 since 21 December 2023 and is currently estimated at $468,332, approximately $609 per square foot. This property was built in 1972. 10512 Keyser Point 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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