Seller's Agent in 2021
Linda Moran
Berkshire Hathaway HomeServices PenFed Realty-WOC
(443) 614-2261
15 in this area
68 Total Sales
12627 Quay Ln Ocean City, MD 21842
West Ocean City NeighborhoodEstimated Value: $1,237,242 - $1,296,000
5
Beds
4
Baths
3,813
Sq Ft
$333/Sq Ft
Est. Value
Highlights
- 150 Feet of Waterfront
- Primary bedroom faces the bay
- Access to Tidal Water
- Ocean City Elementary School Rated A
- 2 Dock Slips
- Second Kitchen
About This Home
As of September 2021Wake up every morning to the sun rise outside of your Master Suite...watch the ducks and birds! Open bay views of Ocean City skyline. This Coastal Home with 5 bedrooms and 4 baths was custom built and affords all of the high end upgrades to include Generac Generator, surround sound, pre-wired for security system, heated ceramic tile floors, 2 boat slips, one boat lift, elevator, wood burning fireplace....amazing outdoor in-ground pool with hot tub adjoining behind a fenced in private yard...plus a sauna! Downstairs has a 2nd kitchen, bedroom and bath for guests. Flood insurance $950 yr. Pre-inspected and all repairs complete. House built in 2004 and has 2 HVAC systems. Take the spiral staircase from Master BR to the Cupola to see the views!! Freshly painted on exterior.
Last Agent to Sell the Property
(443) 614-2261 linda.moran@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #52961 Listed on: 06/19/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,117
Year Built
- Built in 2004
Lot Details
- 7,500 Sq Ft Lot
- 150 Feet of Waterfront
- Property Fronts a Bay or Harbor
- East Facing Home
- Vinyl Fence
- Property is in very good condition
- Property is zoned R1
Home Design
- Coastal Architecture
- Entry on the 2nd floor
- Architectural Shingle Roof
- Piling Construction
- Stucco
Interior Spaces
- 3,813 Sq Ft Home
- Property has 3 Levels
- 1 Elevator
- Open Floorplan
- Central Vacuum
- Ceiling Fan
- Skylights
- Recessed Lighting
- Wood Burning Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Window Treatments
- Sliding Windows
- Casement Windows
- Window Screens
- Great Room
- Combination Dining and Living Room
- Sauna
- Home Gym
- Bay Views
- Attic Fan
Kitchen
- Second Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Built-In Oven
- Cooktop
- Built-In Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Primary bedroom faces the bay
- En-Suite Bathroom
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Electric Dryer
- Washer
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Flood Lights
Parking
- 4 Open Parking Spaces
- Driveway
- Off-Street Parking
Pool
- Pool and Spa
- In Ground Pool
- Fence Around Pool
Outdoor Features
- Access to Tidal Water
- Water Access
- Property near a bay
- Physical Dock Slip Conveys
- 2 Dock Slips
- Dock Against Bulkhead
- Balcony
- Waterfall on Lot
- Exterior Lighting
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Heating System Powered By Leased Propane
- Vented Exhaust Fan
- 220 Volts
- Propane
- Water Treatment System
- Well
- Electric Water Heater
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Flood Risk
Community Details
- No Home Owners Association
- Cape Isle Of Wight Subdivision
Listing and Financial Details
- Assessor Parcel Number 10-004616
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2021
Closed on
Sep 10, 2021
Sold by
Devenny Patricia K
Bought by
Forscht Thomas V and Forscht Barbra W
Seller's Agent
Linda Moran
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Les Chandler
Chandler Realty
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%
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
$271,561
Avg. Annual Appreciation
5.99%
Original Mortgage
$899,900
Outstanding Balance
$817,620
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$453,941
Purchase Details
Closed on
Jan 13, 2000
Sold by
Wendling Leonard R
Bought by
Devenny R Scott R and Devenny Patricia K
Purchase Details
Closed on
Jul 14, 1992
Sold by
Olphin Bruce L and Olphin Shirley A
Bought by
Wendling Leonard R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.13%
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%
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 |
|---|---|---|---|
| Forscht Thomas V | $1,000,000 | None Available | |
| Devenny R Scott R | $117,000 | -- | |
| Wendling Leonard R | $95,000 | -- | |
| Olphin Bruce L | $7,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Forscht Thomas V | $899,900 | |
| Previous Owner | Wendling Leonard R | $76,000 | |
| Previous Owner | Olphin Bruce L | $2,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/10/2021 09/10/21 | Sold | $1,000,000 | -13.0% | $262 / Sq Ft |
| 06/25/2021 06/25/21 | Pending | -- | -- | -- |
| 06/19/2021 06/19/21 | For Sale | $1,150,000 | -- | $302 / 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 | $9,181 | $994,800 | $228,700 | $766,100 |
| 2024 | $8,017 | $841,433 | $0 | $0 |
| 2023 | $6,585 | $688,067 | $0 | $0 |
| 2022 | $5,094 | $534,700 | $216,200 | $318,500 |
| 2021 | $5,117 | $534,700 | $216,200 | $318,500 |
| 2020 | $5,190 | $534,700 | $216,200 | $318,500 |
| 2019 | $5,213 | $544,700 | $231,200 | $313,500 |
| 2018 | $5,078 | $540,433 | $0 | $0 |
| 2017 | $5,037 | $536,167 | $0 | $0 |
| 2016 | -- | $531,900 | $0 | $0 |
| 2015 | -- | $531,900 | $0 | $0 |
| 2014 | $4,523 | $531,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Moran
-
Les Chandler
L
Buyer's Agent in 2021
Les Chandler
Chandler Realty
(410) 430-4123
1 in this area
2 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO123204
APN: 10-004616
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