NOT LISTED FOR SALE

12912 Horn Island Dr Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $445,925 - $535,000

3 Beds
2 Baths
1,908 Sq Ft
$262/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $260,000 $136 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,870/month

Highlights

  • No HOA
  • Cottage
  • Electric Baseboard Heater
  • Ocean City Elementary School Rated A

About This Home

As of February 2019

Perfect West Ocean City Beach Cottage on two (2) lots with two (2) EDU's. Wonderfully maintained and loved by the same family since the 1960's. The perfect beach getaway or forever home. Lots can be redeveloped for two single family homes. Easy access to the Beaches, Outlets, Fishing, and Restaurants

Last Agent to Sell the Property

Mitchell David

Sheppard Realty Inc License #636139 Listed on: 11/07/2018

Last Buyer's Agent

Kevin Decker

Coastal Life Realty Group LLC License #532548

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1977

Lot Details

  • 5,350 Sq Ft Lot
  • 10015979, annual tax bill $829.57
  • Property is zoned R-2

Parking

  • Driveway

Home Design

  • Cottage
  • Asphalt Roof

Interior Spaces

  • 1,908 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Flood Risk

Utilities

  • Electric Baseboard Heater
  • Private Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 10-015960

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,626

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1977
  • Remarks Public: Perfect West Ocean City Beach Cottage on two (2) lots with two (2) EDU's. Wonderfully maintained and loved by the same family since the 1960's. The perfect beach getaway or forever home. Lots can be redeveloped for two single family homes. Easy access to the Beaches, Outlets, Fishing, and Restaurants
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1908
  • Living Area Sq Ft: 1908
  • Price Per Sq Ft: 144.13
  • Above Grade Finished Sq Ft: 1908
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12912

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Private/Community Water

Condo/Co-op/Association

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

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 10015979, annual tax bill $829.57
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5350.00
  • Year Assessed: 2017
  • Zoning: R-2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5398501
  • Tax Annual Amount: 1626.00
  • Assessor Parcel Number: 10-015960
  • Tax Lot: 104
  • Tax Total Finished Sq Ft: 1908
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 02/15/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Feb 28, 2019
Sold by
Gerrard Family Limited Partnership
Bought by
Minwalkulet Fasika N and Gebereegzaghar Fasil F
Seller's Agent
Mitchell David
Sheppard Realty Inc
Buyer's Agent
Kevin Decker
Coastal Life Realty Group LLC
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Current Estimated Value
$499,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,981
Avg. Annual Appreciation
10.66%
Original Mortgage
$208,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2006
Sold by
Minicone Alex J and Minicone Er J
Bought by
Gerrard Family Limited Partnership

Purchase Details

Closed on
Jun 30, 2005
Sold by
Minicone Alex J and Minicone Er J
Bought by
Gerrard Family Limited Partnership
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
Minwalkulet Fasika N $260,000 None Available
Gerrard Family Limited Partnership -- --
Gerrard Family Limited Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minwalkulet Fasika N $164,700
Closed Minwalkulet Fasika N $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $260,000 -5.5% $136 / Sq Ft
12/27/2018 12/27/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $275,000 -- $144 / 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 $2,470 $301,200 $99,900 $201,300
2024 $2,470 $259,300 $0 $0
2023 $2,081 $217,400 $0 $0
2022 $1,672 $175,500 $99,900 $75,600
2021 $1,676 $175,133 $0 $0
2020 $810 $174,767 $0 $0
2019 $1,643 $171,700 $97,200 $74,500
2018 $1,611 $170,833 $0 $0
2017 $1,601 $169,967 $0 $0
2016 -- $169,100 $0 $0
2015 $1,441 $169,100 $0 $0
2014 $1,441 $169,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mitchell David

    Seller's Agent in 2019

    Mitchell David

    Sheppard Realty Inc

    (443) 614-7048

    1 in this area

    151 Total Sales

    Mitchell David
    Section Image
  • Kevin Decker

    Buyer's Agent in 2019

    Kevin Decker

    Coastal Life Realty Group LLC

    (443) 235-6552

    48 in this area

    321 Total Sales

    Kevin Decker
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO100286

Bright MLS

APN: 10-015960

Maryland Worcester County Ocean City 21842 West Ocean City

12912 Horn Island Dr, Ocean City, MD

This home is located at 12912 Horn Island Dr, Ocean City, MD 21842 since 07 November 2018 and is currently estimated at $499,981, approximately $262 per square foot. This property was built in 1977. 12912 Horn Island Dr 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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