NOT LISTED FOR SALE

11609 Shipwreck Rd Unit 2N Ocean City, MD 21842

Estimated Value: $340,110 - $472,000

2 Beds
2 Baths
920 Sq Ft
$200/mo HOA Fee

Last Sold July 31, 2020

Last sale price $279,900 $304 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,692/month

8 Days on Market

Highlights

  • Pier or Dock
  • Home fronts navigable water
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • Access to Tidal Water
  • No Units Above

About This Home

As of July 2020

DIRECT WATERFRONT..........MAGNIFICENT SUNSETS...........BEAUTIFULLY REDECORATED..........FRESHLY PAINTED.......SPOTLESSLY CLEAN......BRAND NEW "FULL SIZE" WASHER and DRYER....NEW DISHWASHER.... NEW ROOF 2015... A LOT OF BRAND NEW FURNISHINGS........A list of all updates will be in the documents..... This unit shows perfectly........The owner has just finished redecorating and is including absolutely everything....Just bring your personal items and you'll be ready for the summer..... Space for two kayaks......ONLY 3 units in this building.....

Last Agent to Sell the Property

Pat Sauter

(410) 703-0787 pcsauter@gmail.com Beach Real Estate Inc Listed on: 06/10/2020

Last Buyer's Agent

Mike DiPietro

(443) 235-1427 mikedinocmd@gmail.com Keller Williams Realty Delmarva License #0024222

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,356

Year Built

  • Built in 1973 | Remodeled in 2015

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • No Units Above
  • 1 Common Wall
  • East Facing Home
  • Property is in excellent condition

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 920 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Screen For Fireplace
  • Electric Fireplace
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Combination Kitchen and Living
  • Bay Views
  • Flood Lights

Kitchen

  • Electric Oven or Range
  • Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Electric Front Loading Dryer
  • Front Loading Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Off-Street Parking
  • Parking Space Conveys
  • 1 Assigned Parking Space

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Balcony
  • Deck
  • Brick Porch or Patio
  • Outdoor Storage

Location

  • Flood Risk

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2N
  • Assessor Parcel Number 10-129990

Community Details

Overview

  • Association fees include insurance, common area maintenance, management, pier/dock maintenance, water
  • Low-Rise Condominium
  • Harbor One South Condominium Condos
  • Harbor One South Community

Recreation

  • Pier or Dock
  • Fishing Allowed

Additional Features

  • Community Storage Space
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,356

Year Built

Built in 1973 | Remodeled in 2015

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional, Unit/Flat
  • Ownership: Condominium
  • Inclusions: Beautifully decorated and EVERYTHING is included....
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-06-11
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Year Renovated: 2015
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Washer - Front Loading, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Living, Primary Bath(s), Recessed Lighting, Window Treatments, Kitchen - Island
  • Window Features: Screens, Sliding
  • Fireplace Features: Electric, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall, No One Above
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Has Laundry, Main Floor
  • Total Sq Ft: 920
  • Living Area Sq Ft: 920
  • Price Per Sq Ft: 304.24
  • Above Grade Finished Sq Ft: 920
  • 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
  • Exterior Features: Flood Lights, Secure Storage
  • Roof: Flat
  • View: Bay, Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access
  • 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

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Asphalt Driveway, Assigned, Parking Space Conveys
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available, Cable Tv, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 200.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: HARBOR ONE SOUTH CONDOMINIUM
  • HOA Condo Co-Op Amenities: Extra Storage, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Insurance, Common Area Maintenance, Management, Pier/Dock Maintenance, Water
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: 3rd Party

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s), Balcony, Brick
  • Property Condition: Excellent
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5407933
  • Tax Annual Amount: 2356.00
  • Assessor Parcel Number: 10-129990
  • Tax Lot: 2N
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 31, 2020
Sold by
Fetner Robert E
Bought by
Martin Shawn Thomas and Martin Laura Marie
Seller's Agent
Pat Sauter
Beach Real Estate Inc
Buyer's Agent
Mike DiPietro
Keller Williams Realty Delmarva
List Price
$279,900
Sold Price
$279,900
Current Estimated Value
$432,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,128
Avg. Annual Appreciation
8.45%
Original Mortgage
$209,925
Outstanding Balance
$186,562
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$245,466

Purchase Details

Listed on
Sep 18, 2017
Closed on
Jan 8, 2018
Sold by
Buschmeier William H and Buschmeier Carolyn
Bought by
Fetner Robert E
Seller's Agent
Nancy Powell
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Walter Taraila
Keller Williams Realty of Delmarva
List Price
$212,000
Sold Price
$212,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$190,800
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2005
Sold by
Stuart Goemmer and Stuart Susan C
Bought by
Buschmeier William H and Buschmeier Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2005
Sold by
Stuart Goemmer and Stuart Susan C
Bought by
Buschmeier William H and Buschmeier Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 1995
Sold by
Darney Dorothy N
Bought by
Stuart Goemmer and Stuart Susan C
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
Martin Shawn Thomas $279,900 Maryland Title Service
Fetner Robert E $212,000 None Available
Buschmeier William H $330,000 --
Buschmeier William H $330,000 --
Stuart Goemmer $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Shawn Thomas $209,925
Previous Owner Fetner Robert E $190,800
Previous Owner Buschmeier William H $264,000
Previous Owner Buschmeier William H $264,000
Closed Stuart Goemmer --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $279,900 0.0% $304 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $279,900 +32.0% $304 / Sq Ft
01/08/2018 01/08/18 Sold $212,000 0.0% $230 / Sq Ft View Prior Sale
09/18/2017 09/18/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $212,000 -- $230 / 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 $2,638 $193,200 $0 $0
2024 $2,439 $174,800 $0 $0
2023 $2,198 $156,400 $78,200 $78,200
2022 $2,198 $156,400 $78,200 $78,200
2021 $2,210 $156,400 $78,200 $78,200
2020 $2,340 $165,600 $82,800 $82,800
2019 $2,356 $165,600 $82,800 $82,800
2018 $2,429 $165,600 $82,800 $82,800
2017 $2,303 $172,000 $0 $0
2016 -- $162,200 $0 $0
2015 -- $152,400 $0 $0
2014 $2,175 $142,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Pat Sauter

    Beach Real Estate Inc

    (410) 703-0787

    2 in this area

    4 Total Sales

    Pat Sauter
    Section Image
  • Mike DiPietro

    Buyer's Agent in 2020

    Mike DiPietro

    Keller Williams Realty Delmarva

    (443) 235-1427

    49 in this area

    106 Total Sales

    Mike DiPietro
    Section Image

  • N

    Seller's Agent in 2018

    Nancy Powell

    BHHS PenFed (actual)

    Section Image

  • W

    Buyer's Agent in 2018

    Walter Taraila

    Keller Williams Realty of Delmarva

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO114340

Bright MLS

APN: 10-129990

Maryland Worcester County Ocean City 21842

11609 Shipwreck Rd Unit 2N, Ocean City, MD

Not Listed for Sale

Condos

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