Seller's Agent in 2023
Cindy Poremski
Berkshire Hathaway HomeServices PenFed Realty - OP
(410) 430-9988
23 in this area
137 Total Sales
11612A Shipwreck Rd Ocean City, MD 21842
Estimated Value: $506,000 - $598,000
3
Beds
2.5
Baths
1,440
Sq Ft
$387/Sq Ft
Est. Value
Highlights
- 30 Feet of Waterfront
- 1 Dock Slip
- Canal View
- Ocean City Elementary School Rated A
- Pier
- Coastal Architecture
About This Home
As of August 2023MULTIPLE OFFERS - Best & Final Due by 4pm, 7/30. Experience waterfront living with this captivating townhome, with NO CONDO FEES! Meticulously updated by the Sellers, this home showcases a model-like interior and comes fully furnished for your convenience. Embrace the water views and coastal breezes from the expanded deck, a perfect spot for relaxation. Their is a private dock and boatlift for you summer boating fun. Boasting 3 bedrooms and 2.5 bathrooms across 1,400+ sq. ft., there's plenty of space for guests. The stunning kitchen features top-of-the-line appliances, elegant cabinetry, and quartz counters with a stylish tile backsplash. Luxury vinyl plank flooring graces most of the home, including the staircase, while the bedrooms are adorned with plush new carpet. Wake up to water views in the primary bedroom with glass doors leading to the deck—perfect for enjoying your morning coffee. This property presents an excellent investment opportunity, or is perfect for vacation home or year-round living. Don't miss out, schedule an exclusive tour today!"
Last Agent to Sell the Property
(410) 430-9988 cindy@occonnection.com Berkshire Hathaway HomeServices PenFed Realty - OP License #510852 Listed on: 07/29/2023
Last Buyer's Agent
(410) 430-9988 cindy@occonnection.com Berkshire Hathaway HomeServices PenFed Realty - OP License #510852 Listed on: 07/29/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,493
Year Built
- Built in 1978
Lot Details
- 30 Feet of Waterfront
- Home fronts navigable water
- Home fronts a canal
- Cul-De-Sac
- West Facing Home
- Property is in excellent condition
Home Design
- Coastal Architecture
- Vinyl Siding
Interior Spaces
- 1,440 Sq Ft Home
- Property has 2 Levels
- Furnished
- Ceiling Fan
- Double Pane Windows
- Insulated Windows
- Window Treatments
- Window Screens
- Insulated Doors
- Dining Area
- Luxury Vinyl Plank Tile Flooring
- Canal Views
- Crawl Space
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Parking
- Parking Lot
- Off-Street Parking
Outdoor Features
- Pier
- Access to Tidal Water
- Water Access
- Property is near a canal
- Bulkhead
- Electric Hoist or Boat Lift
- 1 Dock Slip
- Physical Dock Slip Conveys
- Deck
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 60B
- Assessor Parcel Number 2410130247
Community Details
Overview
- No Home Owners Association
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2020
Closed on
Jan 15, 2021
Sold by
Kersey Dolores V
Bought by
Alluisi Edward Leo and Alluisi Carole Lisa
Seller's Agent
Barbara Young
Long & Foster Real Estate, Inc.
Buyer's Agent
Cindy Poremski
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$375,000
Sold Price
$320,000
Premium/Discount to List
-$55,000
-14.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,505
Avg. Annual Appreciation
12.00%
Original Mortgage
$170,000
Outstanding Balance
$151,726
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$405,779
Purchase Details
Closed on
Apr 18, 2016
Sold by
Kersey Ellen E
Bought by
Kersey Dolores V
Purchase Details
Closed on
Dec 2, 2015
Sold by
Kersey Dolores V
Bought by
Kersey Ellen E
Purchase Details
Closed on
Feb 3, 1997
Sold by
John Kersey W and John Dolores V
Bought by
John Kersey W and John Dolores V
Purchase Details
Closed on
Dec 13, 1982
Sold by
Elkins Morris D
Bought by
Kersey Kersey W and Kersey Dolores
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
13.66%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alluisi Edward Leo | $320,000 | Maryland Title Service | |
| Kersey Dolores V | -- | Attorney | |
| Kersey Ellen E | -- | Attorney | |
| Kersey Dolores V | -- | Attorney | |
| Kersey Dolores V | -- | Attorney | |
| John Kersey W | -- | -- | |
| Kersey Kersey W | $66,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alluisi Edward Leo | $170,000 | |
| Previous Owner | Kersey Kersey W | $46,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/12/2023 08/12/23 | Sold | $560,000 | +2.0% | $389 / Sq Ft | |
| 07/30/2023 07/30/23 | Pending | -- | -- | -- | |
| 07/29/2023 07/29/23 | For Sale | $548,900 | +71.5% | $381 / Sq Ft | |
| 01/15/2021 01/15/21 | Sold | $320,000 | -8.6% | $222 / Sq Ft | View Prior Sale |
| 11/30/2020 11/30/20 | Pending | -- | -- | -- | |
| 10/04/2020 10/04/20 | Price Changed | $350,000 | -6.7% | $243 / Sq Ft | |
| 09/16/2020 09/16/20 | For Sale | $375,000 | -- | $260 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,203 | $381,000 | $0 | $0 |
| 2024 | $4,451 | $319,000 | $0 | $0 |
| 2023 | $3,612 | $257,000 | $150,000 | $107,000 |
| 2022 | $3,483 | $247,833 | $0 | $0 |
| 2021 | $3,373 | $238,667 | $0 | $0 |
| 2020 | $3,255 | $229,500 | $150,000 | $79,500 |
| 2019 | $3,255 | $229,500 | $150,000 | $79,500 |
| 2018 | $3,232 | $229,500 | $150,000 | $79,500 |
| 2017 | $3,204 | $231,200 | $0 | $0 |
| 2016 | -- | $225,700 | $0 | $0 |
| 2015 | $3,740 | $220,200 | $0 | $0 |
| 2014 | $3,740 | $214,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Poremski
-
Barbara Young
Seller's Agent in 2021
Barbara Young
Long & Foster
(410) 310-2865
1 in this area
11 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2015374
APN: 10-130247
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