Seller's Agent in 2023
Kevin Heselbach
Engel & Völkers Ocean City
3 in this area
50 Total Sales
12514 Selsey Rd Ocean City, MD 21842
West Ocean City NeighborhoodEstimated Value: $438,000 - $660,000
6
Beds
2.5
Baths
1,976
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- Water Access
- Home fronts a canal
- Corner Lot
- Ocean City Elementary School Rated A
- Federal Architecture
- No HOA
About This Home
As of July 2023INVESTORS!!!
Perfectly situated on a canal front corner lot in the charming neighborhood of Cape Isle of Wight, this classic federal-style home is ready for your vision. An older home with
good bones, spacious rooms, and water views, there is much to love here. This property sits on the corner of Keyser Point and Selsey Road and a second canal-front
buildable lot directly next to it conveys with the home purchase. There are endless possibilities for redevelopment, expansion or to surround yourself with protected privacy.
Last Agent to Sell the Property
kevin.heselbach@evrealestate.com Engel & Völkers Ocean City License #603734 Listed on: 07/07/2023
Last Buyer's Agent
(443) 235-1375 Deeley@westocrealestate.com Coastal Life Realty Group LLC License #611703
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,711
Year Built
- Built in 1955
Lot Details
- 0.25 Acre Lot
- Home fronts a canal
- No Through Street
- Corner Lot
- Tax ID24-10327148 Lot 2 .186ac
- Property is in average condition
- Property is zoned R-2
Home Design
- Federal Architecture
- Block Foundation
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,976 Sq Ft Home
- Property has 2 Levels
- Partially Furnished
- Self Contained Fireplace Unit Or Insert
- Brick Fireplace
- Canal Views
Bedrooms and Bathrooms
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
- Off-Street Parking
Outdoor Features
- Water Access
- Property is near a canal
- Bulkhead
Location
- Flood Risk
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Heat Pump System
- Hot Water Baseboard Heater
- Well
- Electric Water Heater
Community Details
- No Home Owners Association
- Cape Isle Of Wight Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 2410003679
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2023
Closed on
Jul 28, 2023
Sold by
Yarko Thomas Edward
Bought by
Stamer Sharon and Nauschuetz Jeffrey J
Seller's Agent
Kevin Heselbach
Engel & Völkers Ocean City
Buyer's Agent
Deeley Chester
Coastal Life Realty Group LLC
List Price
$630,000
Sold Price
$645,000
Premium/Discount to List
$15,000
2.38%
Views
123
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
-$78,782
Avg. Annual Appreciation
-5.65%
Original Mortgage
$405,000
Outstanding Balance
$395,598
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$170,620
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 |
|---|---|---|---|
| Stamer Sharon | $405,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stamer Sharon | $405,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/28/2023 07/28/23 | Sold | $645,000 | +2.4% | $326 / Sq Ft |
| 07/10/2023 07/10/23 | Pending | -- | -- | -- |
| 07/07/2023 07/07/23 | For Sale | $630,000 | -- | $319 / 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 | $3,743 | $444,100 | $177,500 | $266,600 |
| 2024 | $3,721 | $390,500 | $0 | $0 |
| 2023 | $2,263 | $336,900 | $0 | $0 |
| 2022 | $2,175 | $283,300 | $157,500 | $125,800 |
| 2021 | $2,122 | $275,833 | $0 | $0 |
| 2020 | $2,061 | $268,367 | $0 | $0 |
| 2019 | $2,001 | $260,900 | $170,400 | $90,500 |
| 2018 | $2,438 | $259,167 | $0 | $0 |
| 2017 | $1,880 | $257,433 | $0 | $0 |
| 2016 | -- | $255,700 | $0 | $0 |
| 2015 | -- | $255,700 | $0 | $0 |
| 2014 | $1,394 | $255,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Heselbach
-
Deeley Chester
Buyer's Agent in 2023
Deeley Chester
Coastal Life Realty Group LLC
(443) 235-1375
13 in this area
130 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2014888
APN: 10-003679
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