NOT LISTED FOR SALE

11607 Shipwreck Rd Unit 202 Ocean City, MD 21842

Estimated Value: $352,000 - $395,075

2 Beds
2 Baths
1,056 Sq Ft
$298/mo HOA Fee

Last Sold September 18, 2020

Last sale price $190,000 $180 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,520/month

11 Days on Market

Highlights

  • Private Dock Site
  • Pier or Dock
  • Access to Tidal Water
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Bay View

About This Home

As of September 2020

Enjoy beautiful sunsets and open bay views from this large two bedroom, two full bath direct bay front condo. The large, private balcony is the perfect place to kick back and relax after a long day on the beach or boat. The building offers a large waterfront activity deck and transient docking. The condo's open floor plan has a large living room, kitchen with island counter, separate dining area, bay front master suite, generously sized guest bedroom and two full bathrooms. Awesome views and a great floor plan provide tons of potential for this waterfront condo.

Last Agent to Sell the Property

Nicholas Bobenko

(443) 614-9179 nick@coastallifeoc.com Coastal Life Realty Group LLC Listed on: 08/28/2020

Last Buyer's Agent

Nicholas Bobenko

(443) 614-9179 nick@coastallifeoc.com Coastal Life Realty Group LLC Listed on: 08/28/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,730

Year Built

  • Built in 1972

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Cleared Lot

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Piling Construction

Interior Spaces

  • 1,056 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Bay Views

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property near a bay
  • Bulkhead
  • Private Dock Site
  • Balcony

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 10-133335

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, pier/dock maintenance, reserve funds, trash, water
  • Low-Rise Condominium
  • Shipwreck Community
  • Caine Harbor Mile Subdivision

Recreation

  • Pier or Dock
  • 1 Community Docks

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,730

Year Built

Built in 1972

Lot Details

0

HOA Fees

$298 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
  • Home Warranty: No
  • Inclusions: Furnished as Shown
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Floor Plan - Open
  • Fireplace: No
  • Foundation Details: Pilings, Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1056
  • Living Area Sq Ft: 1056
  • Price Per Sq Ft: 189.39
  • Above Grade Finished Sq Ft: 1056
  • Above Grade Finished Area Units: Square Feet

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, Below Grade
  • Construction Materials: Brick, Concrete
  • Roof: Flat
  • View: Bay
  • Water Access: Yes
  • Water Body Name: Assawoman Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3572.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pier/Dock, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pier/Dock Maintenance, Reserve Funds, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Bulkheaded, Cleared
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Zoning: R-3
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5408142
  • Tax Annual Amount: 2730.00
  • Assessor Parcel Number: 10-133335
  • Tax Lot: 202
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Sep 18, 2020
Sold by
Whitfield Laura J
Bought by
Battista Suzanne T and Battista Anthony G
Seller's Agent
Nicholas Bobenko
Coastal Life Realty Group LLC
Buyer's Agent
Nicholas Bobenko
Coastal Life Realty Group LLC
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Current Estimated Value
$370,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,223
Avg. Annual Appreciation
13.52%

Purchase Details

Closed on
Sep 5, 2019
Sold by
Whitfield Mary E
Bought by
Whitfield Laura J

Purchase Details

Closed on
Apr 9, 1997
Sold by
Melniczek Paul M and Melniczek Denise A
Bought by
Whitfield Carveth M and Whitfield Mary E

Purchase Details

Closed on
Jun 5, 1996
Sold by
Schambach Margaret G
Bought by
Melniczek Paul M and Melniczek Denise A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Battista Suzanne T $190,000 Resort Land Title & Escrow
Whitfield Laura J -- None Available
Whitfield Carveth M $91,500 --
Melniczek Paul M $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Melniczek Paul M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $190,000 -5.0% $180 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $200,000 0.0% $189 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $200,000 -- $189 / 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 $3,283 $240,400 $0 $0
2024 $3,025 $216,800 $0 $0
2023 $2,715 $193,200 $96,600 $96,600
2022 $2,715 $193,200 $96,600 $96,600
2021 $2,730 $193,200 $96,600 $96,600
2020 $2,730 $193,200 $96,600 $96,600
2019 $2,748 $193,200 $96,600 $96,600
2018 $2,721 $193,200 $96,600 $96,600
2017 $2,743 $193,200 $0 $0
2016 -- $193,200 $0 $0
2015 $3,117 $193,200 $0 $0
2014 $3,117 $205,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Bobenko

    Seller's Agent in 2020

    Nicholas Bobenko

    Coastal Life Realty Group LLC

    (443) 614-9179

    156 in this area

    186 Total Sales

    Nicholas Bobenko
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Map

Source: Bright MLS

MLS Number: MDWO116326

Bright MLS

APN: 10-133335

Maryland Worcester County Ocean City 21842

11607 Shipwreck Rd Unit 202, Ocean City, MD

Not Listed for Sale

Condos

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