NOT LISTED FOR SALE

116 Oyster Cove Dr Unit 1D Grasonville, MD 21638

Kent Narrows Neighborhood

Estimated Value: $615,000 - $679,000

3 Beds
2 Baths
1,650 Sq Ft
$510/mo HOA Fee

Last Sold September 21, 2018

Last sale price $360,000 $218 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,378/month

106 Days on Market

Highlights

  • Water Views
  • Boat or Launch Ramp
  • Water Oriented
  • Grasonville Elementary School Rated A-
  • Pier or Dock
  • Gated Community

About This Home

As of September 2018

Reduced, best value in Oyster Cove! First floor waterfront condo with wide plank wood floors, open floor plan and lots of light. Layout is ideal for entertaining with a back porch to watch the sunsets. 3 spacious bedrooms and 2 updated baths. New exterior siding and new windows. Boat slip for lease. Community has 2 marinas, pool, 2 tennis courts, jog/walk path & clubhouse. Walk to restaurants.

Last Agent to Sell the Property

Biana Arentz

Coldwell Banker Realty License #578595 Listed on: 05/29/2018

Coldwell Banker Realty

Last Buyer's Agent

Pamela Ackermann-Doll

RE/MAX Executive License #602449

RE/MAX Executive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,111

Year Built

  • Built in 1987

Lot Details

  • 1,655

HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Wood Flooring
  • Water Views
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Water Oriented
  • River Nearby
  • Available By Lease
  • Rip-Rap
  • Boat or Launch Ramp
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Shared Waterfront
  • Balcony
  • Deck
  • Porch

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Electric Water Heater

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 1D
  • Assessor Parcel Number 1805036577

Community Details

Overview

  • Association fees include custodial services maintenance, exterior building maintenance, lawn care front, lawn care rear, lawn maintenance, management, insurance, pier/dock maintenance, pool(s), recreation facility, road maintenance, snow removal, trash
  • Low-Rise Condominium
  • Oyster Cove Community
  • Oyster Cove Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Common Area
  • Community Center
  • Meeting Room
  • Party Room
  • Recreation Room
  • Elevator

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Pool
  • Jogging Path

Security

  • Security Service
  • Gated Community
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,111

Year Built

Built in 1987

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1987
  • Remarks Public: Reduced, best value in Oyster Cove! First floor waterfront condo with wide plank wood floors, open floor plan and lots of light. Layout is ideal for entertaining with a back porch to watch the sunsets. 3 spacious bedrooms and 2 updated baths. New exterior siding and new windows. Boat slip for lease. Community has 2 marinas, pool, 2 tennis courts, jog/walk path & clubhouse. Walk to restaurants.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Energy Star Dishwasher, Energy Star Clothes Washer, Energy Star Refrigerator, Exhaust Fan, Intercom, Microwave, Oven - Self Cleaning, Stove, Refrigerator, Washer, Water Heater
  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Combination Kitchen/Dining, Combination Dining/Living, Kitchen - Eat-In, Entry Level Bedroom, Upgraded Countertops, Window Treatments, Primary Bath(s), Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Energy Star Qualified
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1650
  • Living Area Sq Ft: 1650
  • Price Per Sq Ft: 236.30
  • Above Grade Finished Sq Ft: 1650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • View: Water
  • Water Access: No
  • Water Body Name: WELLS COVE
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Ceiling Fan(s), Programmable Thermostat, Energy Star Cooling System
  • Heating Fuel: Electric
  • Heating Type: Energy Star Heating System, Heat Pump(s), Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 180.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 330.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Gated Community, Jog/Walk Path, Meeting Room, Party Room, Picnic Area, Pier/Dock, Pool - Outdoor, Recreational Center, Swimming Pool, Tennis Courts, Security
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Maintenance, Management, Insurance, Pier/Dock Maintenance, Pool(s), Recreation Facility, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 210000.00
  • Land Assessed Value: 126500.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: WVC

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3110.68
  • Assessor Parcel Number: 1805036577
  • Tax Lot: 1D
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 09/21/2018

Multi Family

  • Dock Slip Conveyance: Available By Lease
  • Mean Low Water Feet: 4
  • Waterfront Features: Boat/Launch Ramp, Rip-Rap, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Sep 21, 2018
Sold by
Venaglia Kathleen L
Bought by
Kaplanges Andrew and Kaplanges Tanya Christine
Seller's Agent
Biana Arentz
Coldwell Banker Realty
Buyer's Agent
Pamela Ackermann-Doll
RE/MAX Executive
List Price
$399,900
Sold Price
$360,000
Premium/Discount to List
-$39,900
-9.98%
Current Estimated Value
$654,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,928
Avg. Annual Appreciation
8.90%

Purchase Details

Closed on
Jan 31, 2008
Sold by
Shore Bet Llc
Bought by
Venaglia Kathleen L

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
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 25, 2008
Sold by
Shore Bet Llc
Bought by
Venaglia Kathleen L

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
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2005
Sold by
Judge Harry M
Bought by
Shore Bet Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
4.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 17, 2002
Sold by
Mackin Elizabeth C
Bought by
Judge Harry M

Purchase Details

Closed on
Nov 6, 1998
Sold by
Masters Todd Andrew and Masters Dederia D
Bought by
Mackin Elizabeth C

Purchase Details

Closed on
Apr 29, 1993
Sold by
2Nd Natl Fsa By Rtc
Bought by
Masters Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,800
Interest Rate
7.51%
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
Kaplanges Andrew $360,000 In House Title Co
Venaglia Kathleen L -- In House Title Co
Venaglia Kathleen L -- --
Venaglia Kathleen L -- --
Shore Bet Llc $409,000 --
Judge Harry M $299,000 --
Mackin Elizabeth C $177,000 --
Masters Todd A $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venaglia Kathleen L $331,600
Previous Owner Venaglia Kathleen L $100,000
Previous Owner Venaglia Kathleen L $354,000
Previous Owner Venaglia Kathleen L $354,000
Previous Owner Shore Bet Llc $327,200
Previous Owner Masters Todd A $125,800
Closed Mackin Elizabeth C --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $360,000 -7.7% $218 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
07/09/2018 07/09/18 Price Changed $389,900 -2.5% $236 / Sq Ft
05/29/2018 05/29/18 For Sale $399,900 0.0% $242 / Sq Ft
07/19/2013 07/19/13 Rented $1,900 0.0% --
07/19/2013 07/19/13 Under Contract -- -- --
06/13/2013 06/13/13 For Rent $1,900 0.0% --
06/28/2012 06/28/12 Rented $1,900 0.0% --
06/28/2012 06/28/12 Under Contract -- -- --
06/05/2012 06/05/12 For Rent $1,900 -- --
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 $4,710 $513,333 $0 $0
2024 $4,710 $500,000 $225,000 $275,000
2023 $4,270 $453,333 $0 $0
2022 $3,831 $406,667 $0 $0
2021 $0 $360,000 $135,000 $225,000
2020 $3,378 $352,167 $0 $0
2019 $3,303 $344,333 $0 $0
2018 $3,227 $336,500 $126,500 $210,000
2017 $2,994 $324,333 $0 $0
2016 -- $312,167 $0 $0
2015 $3,357 $300,000 $0 $0
2014 $3,357 $300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001647866

Bright MLS

APN: 05-036577