NOT LISTED FOR SALE

The Rivendell 121 81st St Unit 709 Ocean City, MD 21842

Estimated Value: $726,627 - $930,000

3 Beds
3.5 Baths
1,863 Sq Ft
$562/mo HOA Fee

Last Sold August 28, 2019

Last sale price $579,900 $311 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,618/month

Highlights

  • Ocean View
  • Primary bedroom faces the bay
  • Property Fronts a Bay or Harbor
  • Ocean City Elementary School Rated A
  • Access to Tidal Water
  • Fitness Center

About This Home

As of August 2019

Another beautiful unit in Ocean City s finest bayfront building. Here s a direct bayfront unit with some ocean views as well from the seventh floor. Original owners and never a rental this unit shows like a model. All the furnishings were provided by Bethany Resort Furnishings. This 3 bed 3 1/2 bath unit is turnkey ready and ready for your clients to move in. Rivendell also offers every imaginable amenity including the ever popular Hobbit restaurant on site. Don t miss this one.

Last Agent to Sell the Property

Troy Doyle

(410) 726-9391 troy@kevindeckeroc.com Coastal Life Realty Group LLC Listed on: 06/07/2019

Last Buyer's Agent

Troy Doyle

(410) 726-9391 troy@kevindeckeroc.com Coastal Life Realty Group LLC Listed on: 06/07/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,105

Year Built

  • Built in 2008

Lot Details

  • Landscaped
  • Sprinkler System
  • Cleared Lot
  • Marsh on Lot
  • Tidal Wetland on Lot
  • Property is in very good condition

HOA Fees

  • $562 Monthly HOA Fees

Property Views

Home Design

  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Stone Foundation
  • Asphalt Roof
  • Dryvit Stucco

Interior Spaces

  • 1,863 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Tray Ceiling
  • 1 Fireplace
  • Exterior Cameras

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • Handicap Parking
  • Lighted Parking
  • Parking Lot
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Access to Tidal Water
  • Water Oriented
  • Property near a bay
  • Bulkhead
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • 60 Gallon+ Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 136A
  • Assessor Parcel Number 10-762502

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), reserve funds
  • High-Rise Condominium
  • Rivendell Community

Amenities

  • Elevator

Recreation

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,105

Year Built

Built in 2008

Lot Details

0

HOA Fees

$562 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: 4 Hallway Pics, 3 Dining Area Pics, Personal Items
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2008
  • Remarks Public: Another beautiful unit in Ocean City s finest bayfront building. Here s a direct bayfront unit with some ocean views as well from the seventh floor. Original owners and never a rental this unit shows like a model. All the furnishings were provided by Bethany Resort Furnishings. This 3 bed 3 1/2 bath unit is turnkey ready and ready for your clients to move in. Rivendell also offers every imaginable amenity including the ever popular Hobbit restaurant on site. Don t miss this one.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Icemaker, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer, Dryer, Water Heater
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Flat, Primary Bedroom - Bay Front, Sprinkler System, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Tray Ceilings
  • Foundation Details: Pillar/Post/Pier, Stone
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1863
  • Living Area Sq Ft: 1863
  • Price Per Sq Ft: 311.27
  • Above Grade Finished Sq Ft: 1863
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 121

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Dryvit
  • Exterior Features: Exterior Lighting, Outside Shower, Street Lights
  • Roof: Asphalt, Flat
  • View: Bay, Ocean
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Handicap Parking, Lighted Parking, Unassigned
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Exterior Cameras, Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 562.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center, Pool - Indoor, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground, Indoor, Heated

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 Features: Cleared, Bulkheaded, Landscaping, Marshy, Tidal Wetland
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good, Good
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5436867
  • Tax Annual Amount: 7105.00
  • Assessor Parcel Number: 10-762502
  • Tax Lot: 136A
  • Tax Total Finished Sq Ft: 1863
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/28/2019

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2020
Sold by
Gibney Matthew J and Gibney Sheila Ann
Bought by
Gibney Matthew J and Gibney Sheila A
Current Estimated Value
$825,157

Purchase Details

Listed on
Jun 7, 2019
Closed on
Aug 28, 2019
Sold by
Kruger Dora I and Stidham Dora
Bought by
Gibney Matthew J and Gibney Sheila Ann
Seller's Agent
Troy Doyle
Coastal Life Realty Group LLC
Buyer's Agent
Troy Doyle
Coastal Life Realty Group LLC
List Price
$579,900
Sold Price
$579,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Jun 17, 2011
Sold by
Undisclosed
Bought by
Stidham Dora

Purchase Details

Closed on
Jun 15, 2011
Sold by
Bpg Residential Vi Owner Llc
Bought by
Stidham Dora
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
Gibney Matthew J -- None Available
Gibney Matthew J $579,900 Resort Land T&E Llc
Stidham Dora $499,900 --
Stidham Dora $499,900 None Available
Stidham Dora $499,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2019 08/28/19 Sold $579,900 0.0% $311 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $579,900 -- $311 / 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 $7,972 $639,600 $0 $0
2024 $7,972 $571,300 $0 $0
2023 $7,069 $503,000 $251,500 $251,500
2022 $7,069 $503,000 $251,500 $251,500
2021 $7,108 $503,000 $251,500 $251,500
2020 $7,107 $503,000 $251,500 $251,500
2019 $7,156 $503,000 $251,500 $251,500
2018 $7,084 $503,000 $251,500 $251,500
2017 $7,070 $521,600 $0 $0
2016 $7,282 $498,000 $0 $0
2015 $8,003 $474,400 $0 $0
2014 $8,003 $450,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO106824

Bright MLS

APN: 10-762502