Seller's Agent in 2021
Dean Strawbridge
Iron Valley Real Estate Ocean City
(443) 277-2814
12 in this area
24 Total Sales
107 79th St Ocean City, MD 21842
Estimated Value: $549,000 - $690,640
3
Beds
1.5
Baths
2,960
Sq Ft
$211/Sq Ft
Est. Value
Highlights
- No HOA
- Window Unit Cooling System
- Asbestos
- Ocean City Elementary School Rated A
- Electric Baseboard Heater
About This Home
As of December 2021Two story house on a large lot with separate "shop" / large two bay garage and 1 bedroom seasonal apartment on top. The house is a 3 bedroom, 1 and a half bath gem in need of some TLC. The home was originally a 4 bedroom and current owner was in the process of combining two rooms to make one large primary bedroom. The shop is conveniently located in the back yard and was originally used as a family HVAC business, so the property is also zoned local commercial- 1. Above the shop is a spacious 1 bedroom 1 bathroom seasonal condo that is currently rented for the summer season and brining in approx 2,400 per month. Located on one of the shorter bayside streets the home is easily walkable to the beach and even has a peek of the bay from the front porch.
Last Agent to Sell the Property
(443) 205-4007 deanocrealtor@gmail.com Iron Valley Real Estate Ocean City License #668779 Listed on: 09/25/2021
Co-Listed By
(410) 524-7000 oceancity@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,370
Year Built
- Built in 1954
Lot Details
- 6,000 Sq Ft Lot
- Property is zoned LC-1
Parking
- Driveway
Home Design
- Entry on the 1st floor
- Block Foundation
- Architectural Shingle Roof
- Asbestos
Interior Spaces
- 2,960 Sq Ft Home
- Property has 2 Levels
- Partially Furnished
Bedrooms and Bathrooms
- 3 Bedrooms
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 22
- Assessor Parcel Number 10-088402
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2021
Closed on
Dec 15, 2021
Sold by
Smith Lisa P
Bought by
Nellie S Place Llc
Seller's Agent
Dean Strawbridge
Iron Valley Real Estate Ocean City
Buyer's Agent
Albert Gjoni
Coldwell Banker Bud Church Realty,Inc.
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,716
Avg. Annual Appreciation
9.43%
Original Mortgage
$335,000
Outstanding Balance
$307,572
Interest Rate
2.98%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$316,838
Purchase Details
Closed on
Mar 12, 2013
Sold by
Smith Wayne E
Bought by
Smith Wayne E and Smith Lisa Purnell
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nellie S Place Llc | $420,000 | None Available | |
| Smith Wayne E | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nellie S Place Llc | $335,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2021 12/15/21 | Sold | $420,000 | -1.2% | $142 / Sq Ft |
| 12/13/2021 12/13/21 | Price Changed | $425,000 | 0.0% | $144 / Sq Ft |
| 12/13/2021 12/13/21 | For Sale | $425,000 | 0.0% | $144 / Sq Ft |
| 11/16/2021 11/16/21 | Price Changed | $425,000 | 0.0% | $144 / Sq Ft |
| 11/16/2021 11/16/21 | For Sale | $425,000 | 0.0% | $144 / Sq Ft |
| 10/12/2021 10/12/21 | Pending | -- | -- | -- |
| 09/25/2021 09/25/21 | For Sale | $425,000 | -- | $144 / Sq Ft |
Source: Bright MLS
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 | $6,517 | $477,267 | $0 | $0 |
| 2024 | $5,494 | $393,733 | $0 | $0 |
| 2023 | $4,359 | $310,200 | $250,000 | $60,200 |
| 2022 | $4,346 | $309,267 | $0 | $0 |
| 2021 | $4,337 | $308,333 | $0 | $0 |
| 2020 | $4,330 | $307,400 | $250,000 | $57,400 |
| 2019 | $4,343 | $306,133 | $0 | $0 |
| 2018 | $4,288 | $304,867 | $0 | $0 |
| 2017 | $4,310 | $303,600 | $0 | $0 |
| 2016 | -- | $303,600 | $0 | $0 |
| 2015 | $4,412 | $303,700 | $0 | $0 |
| 2014 | $4,412 | $306,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dean Strawbridge
-
Carol Proctor
Seller Co-Listing Agent in 2021
Carol Proctor
BHHS PenFed (actual)
(443) 567-0650
316 in this area
447 Total Sales
-
Albert Gjoni
Buyer's Agent in 2021
Albert Gjoni
Coldwell Banker Bud Church Realty,Inc.
(443) 497-0617
1 in this area
4 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2002744
APN: 10-088402
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