NOT LISTED FOR SALE

12625 Quay Ln Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $914,000 - $1,150,000

5 Beds
4 Baths
2,748 Sq Ft
$363/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $555,000 $202 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,826/month

Highlights

  • Boat Ramp
  • 1 Boat Dock
  • Water Access
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Bay View

About This Home

As of August 2017

This amazing Waterfront Home has room for Everyone and Everything! Private boat dock and private boat ramp!! Views of the OC Skyline and Isle of Wight Bay!Five or Six bedrooms, Four full baths, Living, Family & Great Rooms, workshop, large storage room and 3 car garage on ground level. Multiple Decks, screened porch, patio, fire pit area, & paved drive. Let the Vacation begin!

Last Agent to Sell the Property

Debbie Hileman

(443) 235-5982 debbie@hilemanrealestate.com Hileman Real Estate-Berlin Listed on: 05/15/2017

Last Buyer's Agent

Steven Cohen

noreply@brightmls.cominactive Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,218

Year Built

  • Built in 2004

Lot Details

  • 10,636 Sq Ft Lot
  • Home fronts navigable water
  • Cul-De-Sac
  • Cleared Lot
  • Zoning described as R2

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Bay
  • Canal

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,748 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Workshop
  • Storage In Attic
  • Storm Doors

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near a canal
  • Bulkhead
  • 1 Boat Dock
  • Dock Against Bulkhead
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned

Listing and Financial Details

  • Tax Lot 7A
  • Assessor Parcel Number 004624

Community Details

Overview

  • No Home Owners Association
  • Cape Isle Of Wight Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,218

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Storage: Attic
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Water Conditioner - Owned, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Icemaker, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Window Treatments
  • Window Features: Insulated, Screens
  • Door Features: Storm
  • Foundation Details: Block, Slab
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Great Room, Workshop
  • Living Area Units: Square Feet
  • Total Sq Ft: 2748
  • Living Area Sq Ft: 2748
  • Price Per Sq Ft: 214.67
  • Above Grade Finished Sq Ft: 2748
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Roof: Architectural Shingle
  • View: Bay, Canal, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Off Street
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 784.00
  • Water Source: Well

Condo/Co-op/Association

  • HOA Condo Co-Op Amenities: Boat Ramp
  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Bulkheaded, Cleared, Cul-De-Sac
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10636.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Screened
  • Zoning Description: R2

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5397559
  • Assessor Parcel Number: 004624
  • Tax Lot: 7A
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Aug 4, 2017
Sold by
Kress Beverly
Bought by
Vento Philip A and Vento Patricia D
Seller's Agent
Debbie Hileman
Hileman Real Estate-Berlin
Buyer's Agent
Steven Cohen
Long & Foster Real Estate, Inc.
List Price
$589,900
Sold Price
$555,000
Premium/Discount to List
-$34,900
-5.92%
Current Estimated Value
$998,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,146
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Apr 10, 2000
Sold by
Olphin Bruce L and Olphin Shirley A
Bought by
Kress Franklin J and Kress Beverly

Purchase Details

Closed on
Sep 5, 1984
Sold by
Lynch William H
Bought by
Olphin Bruce L and Olphin Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600
Interest Rate
14.38%
Source: Public Records

Range of Values:

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Average Value
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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
Vento Philip A $555,000 Acquest Title Services Inc
Kress Franklin J $53,000 --
Olphin Bruce L $7,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olphin Bruce L $2,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2017 08/04/17 Sold $555,000 -5.9% $202 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $589,900 -- $215 / 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 $7,218 $782,100 $202,500 $579,600
2024 $6,703 $703,500 $0 $0
2023 $5,980 $624,900 $0 $0
2022 $5,205 $546,300 $187,500 $358,800
2021 $4,861 $507,933 $0 $0
2020 $4,108 $469,567 $0 $0
2019 $4,127 $431,200 $187,500 $243,700
2018 $3,916 $415,367 $0 $0
2017 $3,634 $399,533 $0 $0
2016 -- $383,700 $0 $0
2015 $3,377 $383,700 $0 $0
2014 $3,377 $383,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Hileman

    Seller's Agent in 2017

    Debbie Hileman

    Hileman Real Estate-Berlin

    (443) 235-5982

    4 in this area

    151 Total Sales

    Debbie Hileman
    Section Image

  • S

    Buyer's Agent in 2017

    Steven Cohen

    Long & Foster

See All Agents

Map

Source: Bright MLS

MLS Number: 1001660568

Bright MLS

APN: 10-004624

Maryland Worcester County Ocean City 21842 West Ocean City

12625 Quay Ln, Ocean City, MD

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