Seller's Agent in 2021
Nancy Reither
Coldwell Banker Realty
(410) 603-5050
15 in this area
289 Total Sales
12973 Inlet Isle Ln Ocean City, MD 21842
West Ocean City NeighborhoodEstimated Value: $1,173,000 - $2,179,000
5
Beds
4.5
Baths
3,370
Sq Ft
$538/Sq Ft
Est. Value
Highlights
- Ocean View
- Primary bedroom faces the bay
- Home fronts navigable water
- Ocean City Elementary School Rated A
- 1 Dock Slip
- Access to Tidal Water
About This Home
As of July 2021Exquisite waterfront custom estate with 5BR/4.5 BA in "The Estates of Inlet Isle" hits the market, and there is deep water and room for a 42 foot boat. Immerse yourself in the ambiance of this luxurious waterfront lifestyle that features exceptional craftsmanship, astute attention to detail and extensive custom finishes. This home is located in West Ocean City close to the beach, boardwalk, restaurants, shopping and the inlet. The home was designer decorated and is being sold fully furnished for your immediate enjoyment. The floor plan is perfect for large families and for entertaining guests. The professional kitchen is a chef's dream with high end stainless steel appliances, tile backsplash, quartz countertops, upgraded lighting and breakfast bar. The large dining area is off the kitchen for enjoying dinner with family and friends. The spacious great room flows off the kitchen and has a fireplace with custom waterfall. Sit back and enjoy a glass of wine or a cocktail from the wine cooler or wet bar. Enjoy cool summer breezes from the deck as you watch the sun rise. The master bedroom and lavish master bath are also on the main level, as is the office area that overlooks the marina. On the lower level there is a separate bedroom, a large second living area and full custom bath. This could be used as an in-law suite or lavish guest room. On the second level there are three additional bedrooms and two more full baths. There are multiple decks and a screened in porch for relaxing. The house also has a garage, a lawn sprinkler system, a elevator upgraded lighting, upgraded ceiling fans, custom tile work, maintenance free decking and a nice yard. This home is in the perfect location to watch the fireworks at the inlet and to watch the boats and yachts in the inlet and marina. Come take a look before this incredible home is Sold!
Last Agent to Sell the Property
(410) 603-5050 nreither@cbmove.com Coldwell Banker Realty Listed on: 01/26/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,067
Year Built
- Built in 2007
Lot Details
- 0.32 Acre Lot
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- Cleared Lot
- Property is in very good condition
HOA Fees
- $114 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
- Off-Street Parking
Property Views
- Ocean
- Bay
- Panoramic
- Scenic Vista
Home Design
- Coastal Architecture
- Contemporary Architecture
- Frame Construction
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 3,370 Sq Ft Home
- Property has 3 Levels
- 1 Elevator
- Bar
- Recessed Lighting
- Gas Fireplace
- Insulated Windows
- Window Treatments
- Window Screens
- Insulated Doors
- Family Room Off Kitchen
- Combination Kitchen and Dining Room
- Den
- Wood Flooring
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Six Burner Stove
- Built-In Range
- Range Hood
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Wine Rack
- Disposal
Bedrooms and Bathrooms
- Primary bedroom faces the bay
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Whirlpool Bathtub
Laundry
- Dryer
- Washer
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- Property near a bay
- Personal Watercraft
- Waterski or Wakeboard
- Bulkhead
- 1 Dock Slip
- Physical Dock Slip Conveys
- Powered Boats Permitted
- Multiple Balconies
- Deck
- Exterior Lighting
- Wrap Around Porch
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Municipal Trash
Additional Features
- Accessible Elevator Installed
- Flood Risk
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 10-426367
Community Details
Overview
- Estates At Inlet Isle Subdivision
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2020
Closed on
Jul 7, 2021
Sold by
Bauer Karen M
Bought by
Inlet Isle Properties Llc
Seller's Agent
Nancy Reither
Coldwell Banker Realty
Buyer's Agent
Edward Treadwell
VYBE Realty
List Price
$1,399,000
Sold Price
$1,280,000
Premium/Discount to List
-$119,000
-8.51%
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
$531,717
Avg. Annual Appreciation
9.26%
Purchase Details
Closed on
Dec 1, 2005
Sold by
Acres R Us Llc
Bought by
Bauer Karen M
Purchase Details
Closed on
Nov 25, 2005
Sold by
Acres R Us Llc
Bought by
Bauer Karen M
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 |
|---|---|---|---|
| Inlet Isle Properties Llc | $1,280,000 | Advantage Title Co Llc | |
| Bauer Karen M | $1,250,000 | -- | |
| Bauer Karen M | $1,250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Inlet Isle Properties Llc | $1,082,000 | |
| Previous Owner | Bauer Karen M | $1,300,000 | |
| Closed | Bauer Karen M | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2021 07/07/21 | Sold | $1,280,000 | -1.5% | $380 / Sq Ft |
| 05/29/2021 05/29/21 | Pending | -- | -- | -- |
| 03/08/2021 03/08/21 | Price Changed | $1,299,900 | -3.6% | $386 / Sq Ft |
| 02/06/2021 02/06/21 | Price Changed | $1,349,000 | -3.6% | $400 / Sq Ft |
| 01/26/2020 01/26/20 | For Sale | $1,399,000 | -- | $415 / 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 | $10,779 | $1,274,000 | $624,000 | $650,000 |
| 2024 | $10,779 | $1,131,367 | $0 | $0 |
| 2023 | $9,420 | $988,733 | $0 | $0 |
| 2022 | $8,061 | $846,100 | $405,600 | $440,500 |
| 2021 | $8,087 | $845,033 | $0 | $0 |
| 2020 | $8,031 | $843,967 | $0 | $0 |
| 2019 | $8,067 | $842,900 | $405,600 | $437,300 |
| 2018 | $7,677 | $814,300 | $0 | $0 |
| 2017 | $7,170 | $785,700 | $0 | $0 |
| 2016 | -- | $757,100 | $0 | $0 |
| 2015 | $8,651 | $757,100 | $0 | $0 |
| 2014 | $8,651 | $757,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Reither
-
Edward Treadwell
Buyer's Agent in 2021
Edward Treadwell
VYBE Realty
(410) 299-7687
1 in this area
151 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO111488
APN: 10-426367
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