NOT LISTED FOR SALE

12432 W Torquay Rd Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $640,194 - $832,000

5 Beds
3.5 Baths
2,787 Sq Ft
$257/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $605,000 $217 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,259/month

326 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Traditional Architecture
  • Ocean City Elementary School Rated A
  • Deck
  • Main Floor Bedroom

About This Home

As of September 2023

Rare new construction in desirable Cape Isle of Wight location. 5 Bedrooms including first floor bedroom.
Main areas of first floor LVP, bedrooms carpet. Floor plan has keeping room with fireplace off island kitchen and separate family room. Granite kitchen countertops with stainless steel appliances. Primary bedroom and two of the secondary bedrooms have large walk-in closets. Rear deck off the keeping room is low maintenance composite with vinyl rails. Ready for IMMEDIATE occupancy. Seller to provide $20,000 gift certificate for furniture, blinds or shades. Seller to pay $10,000 towards closing costs.
Taxes are on land value only.

Last Agent to Sell the Property

Kathleen Clark

Monogram Realty Inc License #93086 Listed on: 07/31/2022

Last Buyer's Agent

Mindy McGaffin

RE/MAX Realty Group

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $699

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,000 Sq Ft Lot
  • North Facing Home
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned R-2

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Foundation Flood Vent
  • Block Foundation
  • Frame Construction
  • Blown-In Insulation
  • Batts Insulation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Family Room Off Kitchen
  • Dining Area
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Partially Carpeted
  • Luxury Vinyl Plank Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Ocean City Elementary School
  • Berlin Intermediate School
  • Stephen Decatur High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • 200+ Amp Service
  • Well
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Flood Risk

Community Details

  • No Home Owners Association
  • Built by Harbor Homes LLC
  • Cape Isle Of Wight Subdivision, Wharf Floorplan

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 2410005272

Home Details

Home Type

Single Family

Est. Annual Taxes

$699

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Energy Efficient Appliances, Exhaust Fan, Freezer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Hookups Only, Water Heater, Icemaker, Energy Star Dishwasher
  • Flooring Type: Luxury Vinyl Plank, Luxury Vinyl Tile, Partially Carpeted
  • Interior Amenities: Breakfast Area, Carpet, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Pantry, Recessed Lighting, Sprinkler System, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s)
  • Window Features: Energy Efficient, Screens
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Block, Crawl Space, Flood Vent
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor, Hookup
  • Total Sq Ft: 2902
  • Living Area Sq Ft: 2787
  • Price Per Sq Ft: 224.26
  • Above Grade Finished Sq Ft: 2787
  • Above Grade Unfinished Sq Ft: 115
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12432

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Batts Insulation, Blown-In Insulation, Concrete, Frame, Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Gutter System
  • Roof: Architectural Shingle
  • Spa: No
  • 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 - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Programmable Thermostat, Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Natural Gas Available, Electric Available
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: BERLIN INTERMEDIATE SCHOOL
  • High School: STEPHEN DECATUR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138066543
  • School District Source: 3rd Party
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: BERLIN INTERMEDIATE SCHOOL

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.21
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R-2
  • In City Limits: No

Building Info

  • Builder Name: Harbor Homes LLC

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 699.00
  • Assessor Parcel Number: 2410005272
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/05/2023

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

Listed on
Jul 31, 2022
Closed on
Sep 5, 2023
Sold by
Sovereign Iii Llc
Bought by
Liu Xiusu and Liu Biguo
Seller's Agent
Kathleen Clark
Monogram Realty Inc
Buyer's Agent
Mindy McGaffin
RE/MAX Realty Group
List Price
$625,000
Sold Price
$605,000
Premium/Discount to List
-$20,000
-3.2%
Views
749
Current Estimated Value
$717,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,299
Avg. Annual Appreciation
6.11%
Original Mortgage
$393,250
Outstanding Balance
$385,433
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$296,948

Purchase Details

Closed on
Aug 14, 2020
Sold by
Birch Lorenda
Bought by
Bradford Mary P and Bradford Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 24, 1986
Sold by
Maizel Sam and Maizel Mary M
Bought by
Birch Lorenda
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
Liu Xiusu $605,000 None Listed On Document
Bradford Mary P $62,500 Resort Land T&E Llc
Birch Lorenda $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Xiusu $393,250
Previous Owner Bradford Mary P $491,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $605,000 -3.2% $217 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
07/31/2022 07/31/22 For Sale $625,000 -- $224 / 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 $5,248 $609,700 $114,000 $495,700
2024 $5,248 $550,800 $0 $0
2023 $4,687 $491,900 $0 $0
2022 $696 $73,000 $73,000 $0
2021 $699 $73,000 $73,000 $0
2020 $696 $73,000 $73,000 $0
2019 $696 $73,000 $73,000 $0
2018 $688 $73,000 $73,000 $0
2017 $691 $73,000 $0 $0
2016 -- $73,000 $0 $0
2015 $902 $73,000 $0 $0
2014 $902 $73,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Clark

    Seller's Agent in 2023

    Kathleen Clark

    Monogram Realty Inc

    (443) 497-4012

    9 in this area

    12 Total Sales

    Kathleen Clark
    Section Image
  • Mindy McGaffin

    Buyer's Agent in 2023

    Mindy McGaffin

    Remax 100

    (410) 495-7838

    1 in this area

    41 Total Sales

    Mindy McGaffin
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2008736

Bright MLS

APN: 10-005272

Maryland Worcester County Ocean City 21842 West Ocean City

12432 W Torquay Rd, Ocean City, MD

This home is located at 12432 W Torquay Rd, Ocean City, MD 21842 since 31 July 2022 and is currently estimated at $717,299, approximately $257 per square foot. This property was built in 2023. 12432 W Torquay Rd is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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