$345,000
SOLD JUN 5, 2017

Bay Princess 110 81st St Unit 415 Ocean City, MD 21842

3 Beds
2.5 Baths
1,715 Sq Ft
$331/mo HOA Fee

Recently Sold

$201 Per Sq Ft

1% Below List Price

5 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Home fronts navigable water
  • In Ground Pool
  • Ocean City Elementary School Rated A
  • Water Access
  • Bay View

About This Home

As of August 2022

This rare top floor Bayfront find offers over 1700 sq feet and three bedrooms and two and a half baths. Bay views from living room, kitchen and master bedroom. Completely remodeled kitchen with granite counter tops, new cabinetry and tile / mosaic back splash. New appliances, hot water heater, heat and a/c, paint, window treatments, Pergo flooring and carpet. Loads of storage in every room. Soaking tub. Built in television alcove was added in living area. Enjoy the beautiful sunset from the adirondack bar height chairs and table tops on the extra large balcony overlooking the pool and bay. Hang your favorite beach towel on the cottage style hooks. This is a one of a kind beach getaway. Non rental. Original owners have restored perfectly. Start making your own beach memories this summer.

Last Agent to Sell the Property

Stephen Cain

Berkshire Hathaway HomeServices PenFed Realty - OP Listed on: 04/25/2017

Berkshire Hathaway HomeServices PenFed Realty - OP

Co-Listed By

Suzanah Cain

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Katie Quinn

Berkshire Hathaway HomeServices PenFed Realty-WOC License #656189

Berkshire Hathaway HomeServices PenFed Realty-WOC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,623

Year Built

  • Built in 1986

Lot Details

  • West Facing Home
  • Cleared Lot

HOA Fees

  • $331 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Stick Built Home
  • Masonry
  • Stucco

Interior Spaces

  • 1,715 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Window Treatments
  • Window Screens

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom faces the bay

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property near a bay
  • Balcony
  • Deck

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 415
  • Assessor Parcel Number 299306

Community Details

Overview

  • Low-Rise Condominium
  • Bay Princess Community

Recreation

  • Community Pool

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,623

Year Built

Built in 1986

Lot Details

0

HOA Fees

$331 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: 2 chairs in living room, stained glass, personal pictures, contents of closets
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Remarks Public: This rare top floor Bayfront find offers over 1700 sq feet and three bedrooms and two and a half baths. Bay views from living room, kitchen and master bedroom. Completely remodeled kitchen with granite counter tops, new cabinetry and tile / mosaic back splash. New appliances, hot water heater, heat and a/c, paint, window treatments, Pergo flooring and carpet. Loads of storage in every room. Soaking tub. Built in television alcove was added in living area. Enjoy the beautiful sunset from the adirondack bar height chairs and table tops on the extra large balcony overlooking the pool and bay. Hang your favorite beach towel on the cottage style hooks. This is a one of a kind beach getaway. Non rental. Original owners have restored perfectly. Start making your own beach memories this summer.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Icemaker, Washer
  • Entry Floor: 4
  • Interior Amenities: Entry Level Bedroom, Primary Bedroom - Bay Front, Upgraded Countertops, Window Treatments
  • Window Features: Screens, Storm
  • Door Features: Storm
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Living Area Units: Square Feet
  • Total Sq Ft: 1715
  • Living Area Sq Ft: 1715
  • Price Per Sq Ft: 204.08
  • Above Grade Finished Sq Ft: 1715
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 110

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Stucco, Stick Built
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Pool Features: In Ground
  • Roof: Built-Up
  • View: Bay, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Water Frontage Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • 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: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3968.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA: 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
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning Description: B1R2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 299306
  • Tax Lot: 415
  • County Tax Payment Frequency: Annually
  • Close Date: 06/05/2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 24, 2022
Sold by
Kunath Frances G
Bought by
Gibson Matthew and Gibson Meagan
Seller's Agent
Sandra Erbe
Keller Williams Realty
Buyer's Agent
Raymond Johnson
Cummings & Co. Realtors
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
Current Estimated Value
$637,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,527
Avg. Annual Appreciation
4.54%

Purchase Details

Listed on
Apr 25, 2017
Closed on
Jun 5, 2017
Sold by
Freedenburg Paul T and Cain Jane L
Bought by
Kunath France G and Kunath Robert D
Seller's Agent
Stephen Cain
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Katie Quinn
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$327,750
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2006
Sold by
Freedenburg Helen M
Bought by
Helen M Freedenburg Revocable and Trust

Purchase Details

Closed on
Sep 5, 2006
Sold by
Freedenburg Helen M
Bought by
Helen M Freedenburg Revocable and Trust

Purchase Details

Closed on
Dec 11, 1987
Sold by
81St Street Partnership
Bought by
Freedenburg Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
10.66%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $560,000 Endeavor Title
Deed $345,000 Capitol Title Ins Agency Inc
Deed -- --
Deed -- --
Deed $141,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $217,000 New Conventional
Previous Owner $327,750 New Conventional
Previous Owner $85,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2025 05/17/25 Price Changed $649,900 +2.3% $379 / Sq Ft
05/17/2025 05/17/25 For Sale $635,000 +13.4% $370 / Sq Ft
08/24/2022 08/24/22 Sold $560,000 +1.8% $327 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $550,000 +59.4% $321 / Sq Ft
06/05/2017 06/05/17 Sold $345,000 -1.4% $201 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $350,000 -- $204 / 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
2024 $5,623 $403,000 $0 $0
2023 $4,714 $334,400 $167,200 $167,200
2022 $4,388 $334,400 $167,200 $167,200
2021 $4,331 $334,400 $167,200 $167,200
2020 $4,172 $334,400 $167,200 $167,200
2019 $4,185 $316,667 $0 $0
2018 $4,011 $298,933 $0 $0
2017 $3,992 $281,200 $0 $0
2016 -- $281,200 $0 $0
2015 $4,528 $281,200 $0 $0
2014 $4,528 $300,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000528222

Bright MLS

APN: 10-299306