Seller's Agent in 2019
Maryellen Rosenblit
Coldwell Banker Realty
(410) 430-9522
34 in this area
43 Total Sales
11615 Shipwreck Rd Unit 5 Ocean City, MD 21842
Estimated Value: $370,217 - $506,000
2
Beds
2
Baths
1,025
Sq Ft
$158/mo
HOA Fee
Highlights
- Primary bedroom faces the bay
- 1 Dock Slip
- Pier or Dock
- Ocean City Elementary School Rated A
- Pier
- Home fronts navigable water
About This Home
As of May 2019Expansive Water Views From Living Areas and Master Bedroom! Enjoy Spectacular Sunsets from the Large Private Balcony! LOW Condo Fees! $158/Month. Much Less than Comparable Buildings. Direct Bayfront featuring 2 Bedrooms/2 Baths. Nicely Furnished Unit has been Updated to include Corian Countertops and New Kitchen Cabinets. Unit has been Completely Dry-walled. 2nd Floor Unit in a Very Quiet Location. Never Rented! Move right in and Enjoy your Summer. Boat Dock #5 with 8,000lb Lift! Dock is in a Protected Canal! Off Street Assigned Parking Space! This is a MUST SEE property!
Last Agent to Sell the Property
(410) 430-9522 maryellen.rosenblit@cbmove.com Coldwell Banker Realty Listed on: 04/07/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,461
Year Built
- Built in 1973
Lot Details
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- Two or More Common Walls
- Cul-De-Sac
- East Facing Home
- Cleared Lot
- Property is in very good condition
HOA Fees
- $158 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Brick Exterior Construction
- Block Foundation
- Frame Construction
- Built-Up Roof
- Stick Built Home
- Dryvit Stucco
Interior Spaces
- 1,025 Sq Ft Home
- Property has 1 Level
- Furnished
- Ceiling Fan
- Window Treatments
- Window Screens
- Bay Views
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary bedroom faces the bay
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Home Security
Parking
- 1 Open Parking Space
- 1 Parking Space
- Off-Street Parking
- 1 Assigned Parking Space
Outdoor Features
- Pier
- Access to Tidal Water
- Water Access
- Property near a bay
- Bulkhead
- Electric Hoist or Boat Lift
- Physical Dock Slip Conveys
- 1 Dock Slip
- Balcony
- Deck
- Exterior Lighting
- Storage Shed
- Outbuilding
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Electric Baseboard Heater
- 200+ Amp Service
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Additional Features
- Doors are 32 inches wide or more
- Flood Risk
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 10-130166
Community Details
Overview
- Association fees include common area maintenance, insurance, lawn maintenance
- 9 Units
- Low-Rise Condominium
- Shoals Condo Association Condos
- Built by Shoals
- Shoals Community
Recreation
- Pier or Dock
Security
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2018
Closed on
May 28, 2019
Sold by
Wean Kenneth W and Wean Sandra C
Bought by
Schweiger Ronald D and Schweiger Star L
Seller's Agent
Maryellen Rosenblit
Coldwell Banker Realty
Buyer's Agent
Marianne Leizure
Coldwell Banker Realty
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%
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
$156,156
Avg. Annual Appreciation
7.05%
Original Mortgage
$243,000
Outstanding Balance
$213,656
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$208,148
Purchase Details
Closed on
May 18, 2005
Sold by
Murray John W and Murray Kimiko M
Bought by
Wean Kenneth W and Wean Sandra C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,400
Interest Rate
5.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 12, 1995
Sold by
Drummey Patricia C
Bought by
Murray John W and Murray Kimiko M
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 |
|---|---|---|---|
| Schweiger Ronald D | $270,000 | Champion Ttl & Settlements I | |
| Wean Kenneth W | $313,000 | -- | |
| Murray John W | $82,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schweiger Ronald D | $243,000 | |
| Previous Owner | Wean Kenneth W | $250,400 | |
| Closed | Murray John W | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2019 05/31/19 | Sold | $270,000 | -3.6% | $263 / Sq Ft |
| 04/09/2019 04/09/19 | Pending | -- | -- | -- |
| 04/07/2019 04/07/19 | For Sale | $280,000 | +3.7% | $273 / Sq Ft |
| 04/06/2019 04/06/19 | Off Market | $270,000 | -- | -- |
| 03/15/2019 03/15/19 | Price Changed | $280,000 | -3.1% | $273 / Sq Ft |
| 11/18/2018 11/18/18 | Price Changed | $289,000 | -3.3% | $282 / Sq Ft |
| 08/21/2018 08/21/18 | Price Changed | $299,000 | -2.0% | $292 / Sq Ft |
| 06/12/2018 06/12/18 | Price Changed | $305,000 | -3.2% | $298 / Sq Ft |
| 04/07/2018 04/07/18 | For Sale | $315,000 | -- | $307 / 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 | $2,939 | $215,200 | $0 | $0 |
| 2024 | $2,717 | $194,700 | $0 | $0 |
| 2023 | $2,448 | $174,200 | $87,100 | $87,100 |
| 2022 | $2,448 | $174,200 | $87,100 | $87,100 |
| 2021 | $2,462 | $174,200 | $87,100 | $87,100 |
| 2020 | $2,461 | $174,200 | $87,100 | $87,100 |
| 2019 | $2,478 | $174,200 | $87,100 | $87,100 |
| 2018 | $2,453 | $174,200 | $87,100 | $87,100 |
| 2017 | $2,473 | $174,200 | $0 | $0 |
| 2016 | -- | $174,200 | $0 | $0 |
| 2015 | $2,780 | $174,200 | $0 | $0 |
| 2014 | $2,780 | $184,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Maryellen Rosenblit
-
Marianne Leizure
Buyer's Agent in 2019
Marianne Leizure
Coldwell Banker Realty
(410) 430-7053
13 in this area
36 Total Sales
Map
Source: Bright MLS
MLS Number: 1001562078
APN: 10-130166
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