NOT LISTED FOR SALE

1209 Dayton Ln Unit 4 Ocean City, MD 21842

Estimated Value: $581,230 - $732,000

4 Beds
3.5 Baths
1,680 Sq Ft
$377/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $400,000 $238 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,113/month

91 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Main Floor Bedroom
  • Ocean City Elementary School Rated A
  • Wood Flooring
  • Furnished

About This Home

As of July 2020

Tucked away on a tiny cul du sac is an amazing beach property you do not want to pass up. A four bedroom revenue generating spectacular offering that has an amazing rental history and is in mint condition. Original owners have maintained this condominium in spectacular condition proving that it is easier to service than to fix. Four nice sized bedrooms, two with a private full bathroom, and all four have wall mounted televisions. A large garage with storage, automatic door opener and freshly painted walls. The main living area is graced with a large open kitchen / dining / living room that flows nicely. Loads of space to move around and sliders leading to a nice size balcony. There is a half bath and nice sized pantry currently used as a owners closet on the main level. New refrigerator and assorted appliances. The third level features three bedrooms, each with a wall mounted television, freshly painted in bright beachy colors, great closet space, and comfortable furniture. The master bedroom boasts a nice sized master bathroom, a double closet, and its own balcony as well. This is a turn key offering has a solid nine year rental history. Rentals for 2018 were $38,196, 2019 rentals were $45,750, and so far in 2020 they have booked $27,080 in rentals. Rentals for 2020 must be honored. An investment property that will generate rental income the very minute you close! Rental history is on file. Close proximity to the boardwalk, restaurants, beach, and the very heart and sole of what makes Ocean City the world famous resort that it truly is.

Last Agent to Sell the Property

James Bacco

Keller Williams Realty Delmarva License #311079 Listed on: 03/13/2020

Keller Williams Realty Delmarva

Last Buyer's Agent

Ryan Haley

Atlantic Shores Sotheby's International Realty License #580256

Atlantic Shores Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,325

Year Built

  • Built in 2008

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Parking Lot
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Aluminum Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Bar
  • Fireplace
  • Window Treatments
  • Sliding Doors
  • Six Panel Doors
  • Combination Dining and Living Room
  • Wood Flooring
  • Stacked Electric Washer and Dryer

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Bathroom

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 4
  • Assessor Parcel Number 10-762936

Community Details

Overview

  • Captains Villas Condominium Condos
  • Captains View Villas Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,325

Year Built

Built in 2008

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Accessibility Features: 36"+ Wide Halls, 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2008
  • Remarks Public: Tucked away on a tiny cul du sac is an amazing beach property you do not want to pass up. A four bedroom revenue generating spectacular offering that has an amazing rental history and is in mint condition. Original owners have maintained this condominium in spectacular condition proving that it is easier to service than to fix. Four nice sized bedrooms, two with a private full bathroom, and all four have wall mounted televisions. A large garage with storage, automatic door opener and freshly painted walls. The main living area is graced with a large open kitchen / dining / living room that flows nicely. Loads of space to move around and sliders leading to a nice size balcony. There is a half bath and nice sized pantry currently used as a owners closet on the main level. New refrigerator and assorted appliances. The third level features three bedrooms, each with a wall mounted television, freshly painted in bright beachy colors, great closet space, and comfortable furniture. The master bedroom boasts a nice sized master bathroom, a double closet, and its own balcony as well. This is a turn key offering has a solid nine year rental history. Rentals for 2018 were $38,196, 2019 rentals were $45,750, and so far in 2020 they have booked $27,080 in rentals. Rentals for 2020 must be honored. An investment property that will generate rental income the very minute you close! Rental history is on file. Close proximity to the boardwalk, restaurants, beach, and the very heart and sole of what makes Ocean City the world famous resort that it truly is.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven - Self Cleaning, Refrigerator, Stove, Washer, Washer/Dryer Stacked, Water Heater
  • Interior Amenities: Bar, Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Pantry, Window Treatments, Wood Floors
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Levels Count: 3
  • Room List: Bedroom 4
  • Basement: No
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 252.98
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1209

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 825.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Captains Villas Condominium
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2020
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 45780.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5436904
  • Tax Annual Amount: 4325.00
  • Assessor Parcel Number: 10-762936
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 1680
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/13/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Jul 20, 2020
Sold by
Weller Scott A and Weller Paula M
Bought by
Hopkins Josiah N and Hopkins Denise M
Seller's Agent
James Bacco
Keller Williams Realty Delmarva
Buyer's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$633,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,808
Avg. Annual Appreciation
9.49%
Original Mortgage
$251,500
Outstanding Balance
$224,005
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$411,568

Purchase Details

Closed on
Oct 28, 2010
Sold by
Captains View Villas Llc
Bought by
Weller Scott A and Weller Paula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.41%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hopkins Josiah N $400,000 Maryland Title Service
Weller Scott A $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopkins Josiah N $251,500
Previous Owner Weller Scott A $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $400,000 -5.9% $238 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $425,000 -- $253 / 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 $4,609 $356,667 $0 $0
2024 $4,609 $330,333 $0 $0
2023 $4,272 $304,000 $152,000 $152,000
2022 $4,272 $304,000 $152,000 $152,000
2021 $4,296 $304,000 $152,000 $152,000
2020 $4,295 $304,000 $152,000 $152,000
2019 $4,213 $296,167 $0 $0
2018 $4,061 $288,333 $0 $0
2017 $3,967 $280,500 $0 $0
2016 -- $279,400 $0 $0
2015 $3,600 $278,300 $0 $0
2014 $3,600 $277,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO112864

Bright MLS

APN: 10-762936