NOT LISTED FOR SALE

112 Oyster Cove Dr Unit 1B Grasonville, MD 21638

Kent Narrows Neighborhood

Estimated Value: $557,206 - $606,000

2 Beds
2 Baths
1,350 Sq Ft
$342/mo HOA Fee

Last Sold March 28, 2012

Last sale price $323,000 $239 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,757/month

Highlights

  • 32 Feet of Waterfront
  • 5 Boat Docks
  • Gated Community
  • Grasonville Elementary School Rated A-
  • In Ground Pool
  • Open Floorplan

About This Home

As of March 2012

REDUCED! ! WATERFRONT condo on 1ST FLOOR-lovely! Gated dev. @ Kent Narrows. Panoramic WESTERN marina view. SUNSETS-balcony! NEAR POOL!! 9' ceil's, Pellet stove,flr-2-ceil windows. new sliders &vertical blinds. FURN/UNFURN excl. LR TV.Almost new-HVAC,HWH, side-by-side W/D. Clubhse,tennis,walk path,pool

Last Agent to Sell the Property

Anita Snyder

Star Realty License #83634 Listed on: 08/04/2011

Co-Listed By

Ronald Taylor

Star Realty License #39193

Last Buyer's Agent

Teresa Kruhm

CENTURY 21 New Millennium License #MRIS:74614

CENTURY 21 New Millennium

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,077

Year Built

  • Built in 1987

Lot Details

  • 32 Feet of Waterfront
  • Home fronts navigable water
  • West Facing Home
  • Landscaped
  • No Through Street
  • Property is in very good condition

HOA Fees

Home Design

  • Contemporary Architecture
  • Cedar

Interior Spaces

  • 1,350 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • 1 Fireplace
  • Window Treatments
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Water Views

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Exterior Cameras

Parking

  • Handicap Parking
  • Free Parking
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • In Ground Pool
  • Water Access
  • Bulkhead
  • 5 Boat Docks
  • Dock Against Bulkhead
  • Balcony
  • Water Fountains
  • Shed
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1B
  • Assessor Parcel Number 1805036550

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, pier/dock maintenance, pool(s), reserve funds, road maintenance, snow removal, trash
  • Oyster Cove HOA
  • Low-Rise Condominium
  • Oyster Cove Subdivision, Villa 1St Floor Floorplan
  • Oyster Cove Community
  • The community has rules related to commercial vehicles not allowed, covenants

Amenities

  • Common Area
  • Community Center
  • Party Room
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Pet Policy

  • Pet Size Limit

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,077

Year Built

Built in 1987

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1987
  • Remarks Public: REDUCED! ! WATERFRONT condo on 1ST FLOOR-lovely! Gated dev. @ Kent Narrows. Panoramic WESTERN marina view. SUNSETS-balcony! NEAR POOL!! 9' ceil's, Pellet stove,flr-2-ceil windows. new sliders &vertical blinds. FURN/UNFURN excl. LR TV.Almost new-HVAC,HWH, side-by-side W/D. Clubhse,tennis,walk path,pool
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Stove, Trash Compactor, Washer
  • Interior Amenities: Combination Dining/Living, Built-Ins, Primary Bath(s), Window Treatments, Recessed Lighting, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Foyer, Laundry, Storage Room, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1350
  • Living Area Sq Ft: 1350
  • Price Per Sq Ft: 255.56
  • Above Grade Finished Sq Ft: 1350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 112

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Cedar
  • Dock Type: Against Bulkhead Only (Lateral)
  • Exterior Features: Secure Storage, Sidewalks, Street Lights, Tennis Court(s), Water Fountains
  • Pool Features: In Ground
  • View: Water
  • Water Access: Yes
  • Water Body Name: WELLS COVE
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 32

Garage/Parking

  • Garage: No
  • Parking Features: Free, Handicap Parking, Unassigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Resident Manager, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 160.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 182.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Gated Community, Jog/Walk Path, Party Room, Pool - Outdoor, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Commercial Vehicles Prohibited, Covenants, Pets - Size Restrict
  • HOA Name: OYSTER COVE
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 240000.00
  • Land Assessed Value: 110000.00
  • Lot Features: Bulkheaded, Landscaping, No Thru Street
  • Outdoor Living Structures: Balcony, Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: WVC

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3076.85
  • Assessor Parcel Number: 1805036550
  • Tax Lot: 1B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 03/28/2012

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 6
  • Metering: Fully Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2011
Closed on
Mar 28, 2012
Sold by
Sheppard David D and Sheppard Carol M
Bought by
Kinney Nancy J
Seller's Agent
Anita Snyder
Star Realty
Buyer's Agent
Teresa Kruhm
CENTURY 21 New Millennium
List Price
$359,950
Sold Price
$323,000
Premium/Discount to List
-$36,950
-10.27%
Current Estimated Value
$582,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,802
Avg. Annual Appreciation
4.31%
Original Mortgage
$163,000
Outstanding Balance
$114,581
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$455,739

Purchase Details

Closed on
Mar 22, 2006
Sold by
Cusimano Isabel
Bought by
Sheppard David D and Sheppard Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2006
Sold by
Cusimano Isabel
Bought by
Sheppard David D and Sheppard Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 1994
Sold by
Alfieri John F and Alfieri Carole T
Bought by
Cusimano Isabel
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
Kinney Nancy J $323,000 First American Title Ins Co
Sheppard David D $429,900 --
Sheppard David D $429,900 --
Cusimano Isabel $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinney Nancy J $20,000
Open Kinney Nancy J $163,000
Previous Owner Sheppard David D $300,000
Previous Owner Sheppard David D $300,000
Closed Cusimano Isabel --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2012 03/28/12 Sold $323,000 -6.4% $239 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
10/14/2011 10/14/11 Price Changed $345,000 -4.1% $256 / Sq Ft
08/05/2011 08/05/11 Price Changed $359,900 0.0% $267 / Sq Ft
08/04/2011 08/04/11 For Sale $359,950 -- $267 / 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 $3,718 $463,333 $0 $0
2024 $3,718 $450,000 $225,000 $225,000
2023 $3,520 $411,667 $0 $0
2022 $3,332 $373,333 $0 $0
2021 $3,213 $335,000 $150,000 $185,000
2020 $3,932 $335,000 $150,000 $185,000
2019 $3,213 $335,000 $150,000 $185,000
2018 $3,371 $351,500 $126,500 $225,000
2017 $3,024 $334,333 $0 $0
2016 -- $317,167 $0 $0
2015 $1,680 $300,000 $0 $0
2014 $1,680 $300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anita Snyder

    Seller's Agent in 2012

    Anita Snyder

    Star Realty

    (443) 496-1367

    13 in this area

    21 Total Sales

    Anita Snyder
    Section Image
  • Ronald Taylor

    Seller Co-Listing Agent in 2012

    Ronald Taylor

    Star Realty

    (443) 744-1969

    10 in this area

    15 Total Sales

    Ronald Taylor
    Section Image

  • T

    Buyer's Agent in 2012

    Teresa Kruhm

    Century 21 New Millennium

    Section Image
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Map

Source: Bright MLS

MLS Number: 1004542030

Bright MLS

APN: 05-036550

Maryland Queen Annes County Grasonville 21638 Kent Narrows

112 Oyster Cove Dr Unit 1B, Grasonville, MD

This home is located at 112 Oyster Cove Dr Unit 1B, Grasonville, MD 21638 since 04 August 2011 and is currently estimated at $582,802, approximately $431 per square foot. This property was built in 1987. 112 Oyster Cove Dr Unit 1B is a home located in Queen Anne's County with nearby schools including Grasonville Elementary School, Stevensville Middle School, and Kent Island High School.

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