NOT LISTED FOR SALE

Estimated Value: $712,000 - $934,000

5 Beds
4 Baths
3,080 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $489,000 $159 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,843/month

36 Days on Market

Highlights

  • Ocean View
  • Parking available for a boat
  • Heated Floors
  • Ocean City Elementary School Rated A
  • Water Oriented
  • Open Floorplan

About This Home

As of July 2019

MAJOR PRICE IMPROVEMENT! Elevator, prime location & some water views from upper levels! Just steps from the commercial harbor, boat ramp, marinas and award winning dining. NO HOA fees or OC city property tax here! Watch the OC Air Show and Fireworks from your 3rd level balcony! This coastal gem features many upgrades including renovated bathrooms, wheelchair accessibility with an elevator to all levels and wide doors, oversized 28ft garage with two XL bay doors and lockable steel door workshop, stainless appliances, large master suite with private balcony and walk in closet & more. Open floor plan with a southern exposure and some water views from the 2 upper levels. 3 season rm front porch & plenty of natural sunlight & situated on a large corner lot with two driveways and plenty of parking for your boat or vehicle. Original owners. Never a rental and very well maintained with newer hvac systems and instantaneous Rannai hot water heater. With 5 bedrooms plus a large 1,200 sqft unfinished 3rd level there is plenty of occupancy availability and there is excellent rental potential at this prime location. Furnishings are negotiable. Make an offer.

Last Agent to Sell the Property

Mary Bradford

Taylor Properties License #641584 Listed on: 05/20/2019

Last Buyer's Agent

Mary Bradford

Taylor Properties License #641584 Listed on: 05/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,869

Year Built

  • Built in 2005 | Remodeled in 2007

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • South Facing Home
  • Corner Lot
  • Cleared Lot
  • Property is in very good condition
  • Property is zoned R-5

Parking

  • 1 Car Direct Access Garage
  • 5 Open Parking Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Gravel Driveway
  • On-Street Parking
  • Parking available for a boat

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,080 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Open Floorplan
  • Chair Railings
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Ocean Views
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Heated Floors
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Home Security

  • Monitored
  • Storm Doors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Lowered Light Switches
  • Level Entry For Accessibility

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Multiple Balconies
  • Screened Patio
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Resort Homes

Listing and Financial Details

  • Tax Lot 549
  • Assessor Parcel Number 10-016142

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,869

Year Built

Built in 2005 | Remodeled in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Accessibility Features: 36"+ Wide Halls, Accessible Switches/Outlets, Elevator, Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: furnishings, decorations, electronics, floor rugs, personal belongings. Furnishings are negotiable.
  • Historic: No
  • Home Warranty: No
  • Inclusions: elevator, all window curtains & shades, bookcase in 2nd floor hallway
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2005
  • Year Renovated: 2007
  • Remarks Public: MAJOR PRICE IMPROVEMENT! Elevator, prime location & some water views from upper levels! Just steps from the commercial harbor, boat ramp, marinas and award winning dining. NO HOA fees or OC city property tax here! Watch the OC Air Show and Fireworks from your 3rd level balcony! This coastal gem features many upgrades including renovated bathrooms, wheelchair accessibility with an elevator to all levels and wide doors, oversized 28ft garage with two XL bay doors and lockable steel door workshop, stainless appliances, large master suite with private balcony and walk in closet & more. Open floor plan with a southern exposure and some water views from the 2 upper levels. 3 season rm front porch & plenty of natural sunlight & situated on a large corner lot with two driveways and plenty of parking for your boat or vehicle. Original owners. Never a rental and very well maintained with newer hvac systems and instantaneous Rannai hot water heater. With 5 bedrooms plus a large 1,200 sqft unfinished 3rd level there is plenty of occupancy availability and there is excellent rental potential at this prime location. Furnishings are negotiable. Make an offer.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Instant Hot Water, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Entry Floor: 1
  • Flooring Type: Hardwood, Ceramic Tile, Carpet, Heated
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Combination Dining/Living, Combination Kitchen/Living, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Pantry, Wood Floors
  • Window Features: Double Pane
  • Other Equipment: Negotiable
  • Fireplace: No
  • Door Features: Storm, Sliding Glass
  • Elevators Count: 1
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 3
  • Levels Count: 3+
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3080
  • Living Area Sq Ft: 3080
  • Price Per Sq Ft: 162.31
  • Above Grade Finished Sq Ft: 3080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12913

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Boat Storage, Exterior Lighting
  • Roof: Architectural Shingle
  • Spa: No
  • View: Ocean, Water
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 5
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry, Additional Storage Area, Inside Access, Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Instant Hot Water, Natural Gas
  • Security: Electric Alarm, Monitored, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Electric Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Features: Corner, Cleared
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Balconies- Multiple, Porch(es), Screened, Balcony
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R-5
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Resort Homes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5398515
  • Tax Annual Amount: 3869.00
  • Assessor Parcel Number: 10-016142
  • Tax Lot: 549
  • Tax Total Finished Sq Ft: 3080
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 07/26/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Jul 26, 2019
Sold by
Baron Edward J and Baron Jean D
Bought by
Marshall Diversified Investments Llc
Seller's Agent
Mary Bradford
Taylor Properties
Buyer's Agent
Mary Bradford
Taylor Properties
List Price
$524,900
Sold Price
$489,000
Premium/Discount to List
-$35,900
-6.84%
Current Estimated Value
$813,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,597
Avg. Annual Appreciation
10.34%
Original Mortgage
$420,750
Outstanding Balance
$369,522
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$520,737

Purchase Details

Closed on
Jun 22, 2004
Sold by
Baron Edward G and Baron Elizabeth
Bought by
Baron Edward J and Baron Jean D

Purchase Details

Closed on
Apr 20, 1999
Sold by
Opalczynski Edwin
Bought by
Baron Edward G and Life Tenants
Source: Public Records

Range of Values:

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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
Marshall Diversified Investments Llc $489,000 Northco Title Corporation
Baron Edward J -- --
Baron Edward G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Diversified Investments Llc $420,750
Previous Owner Baron Edward J $275,000
Previous Owner Baron Edward J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $489,000 -2.2% $159 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
06/16/2019 06/16/19 Price Changed $499,900 -3.8% $162 / Sq Ft
06/06/2019 06/06/19 Price Changed $519,900 -1.0% $169 / Sq Ft
05/20/2019 05/20/19 For Sale $524,900 -- $170 / 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 $4,923 $544,200 $111,000 $433,200
2024 $4,923 $516,700 $0 $0
2023 $4,661 $489,200 $0 $0
2022 $4,399 $461,700 $111,000 $350,700
2021 $4,235 $442,567 $0 $0
2020 $4,052 $423,433 $0 $0
2019 $3,869 $404,300 $111,000 $293,300
2018 $3,738 $396,500 $0 $0
2017 $3,556 $388,700 $0 $0
2016 $3,556 $380,900 $0 $0
2015 $2,749 $368,267 $0 $0
2014 $2,749 $355,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO106256

Bright MLS

APN: 10-016142