NOT LISTED FOR SALE

12983 Inlet Isle Ln Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $2,220,000 - $7,215,032

6 Beds
5.5 Baths
6,000 Sq Ft
$819/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $3,435,793 $573 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $29,074/month

Highlights

  • Property Fronts a Bay or Harbor
  • New Construction
  • Coastal Architecture
  • Ocean City Elementary School Rated A
  • Private Pool
  • 2 Fireplaces

About This Home

As of October 2021

Custom Home direct Bayfront.

Last Agent to Sell the Property

Nancy Reither

Coldwell Banker Realty Listed on: 07/03/2020

Coldwell Banker Realty

Last Buyer's Agent

Nancy Reither

Coldwell Banker Realty Listed on: 07/03/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,978

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 10,017 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Property is in excellent condition

HOA Fees

  • $114 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Coastal Architecture

Interior Spaces

  • 6,000 Sq Ft Home
  • Property has 2.5 Levels
  • 2 Fireplaces
  • Bay Views

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Electric Water Heater
  • Septic Pump
  • Cable TV Available

Additional Features

  • Private Pool
  • Flood Risk

Community Details

  • Estates At Inlet Isle Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 10-426413

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,978

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$114 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Custom Home direct Bayfront.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2.5
  • Basement: No
  • Total Sq Ft: 6000
  • Living Area Sq Ft: 6000
  • Price Per Sq Ft: 572.63
  • Above Grade Finished Sq Ft: 6000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12983

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 6.00
  • Main Level Full Bathrooms: 5
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Construction Completed: No
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas Available, Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Pump
  • Utilities: Cable Tv, Electric Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1370.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.23
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10017.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5431903
  • Tax Annual Amount: 5978.00
  • Assessor Parcel Number: 10-426413
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/01/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2020
Sold by
Mountain View Properties Llc
Bought by
Shemanski Gregory J and Shemanski Rebecca A
Current Estimated Value
$4,911,258

Purchase Details

Closed on
Dec 23, 2014
Sold by
Compass Properties Inc
Bought by
Gudelsky Rolfe

Purchase Details

Closed on
Dec 22, 2014
Sold by
Hartman C Edward
Bought by
Compass Properties Inc

Purchase Details

Closed on
Jan 16, 2014
Sold by
Holtz Anne E
Bought by
Compass Properties Inc

Purchase Details

Closed on
Sep 11, 2006
Sold by
Homer'S Hideaway Llc
Bought by
Holtz Ann E

Purchase Details

Closed on
Sep 8, 2006
Sold by
Homer'S Hideaway Llc
Bought by
Holtz Ann E
Source: Public Records

Range of Values:

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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
Shemanski Gregory J $1,085,000 Ocean Investments Title Corp
Gudelsky Rolfe $300,000 None Available
Compass Properties Inc $600,000 None Available
Compass Properties Inc $600,000 None Available
Holtz Ann E $1,350,000 --
Holtz Ann E $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shemanski Gregory J $1,500,000
Open Shemanski Gregory J $2,342,055
Previous Owner Holtz Ann E $4,500,000
Closed Holtz Ann E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $3,435,793 0.0% $573 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $3,435,793 -- $573 / 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 $26,400 $3,359,900 $1,460,000 $1,899,900
2024 $26,400 $2,770,833 $0 $0
2023 $20,787 $2,181,767 $0 $0
2022 $15,175 $1,592,700 $635,000 $957,700
2021 $5,978 $624,667 $0 $0
2020 $5,951 $624,633 $0 $0
2019 $5,951 $624,600 $621,000 $3,600
2018 $5,626 $596,733 $0 $0
2017 $5,123 $568,867 $0 $0
2016 -- $541,000 $0 $0
2015 $5,601 $541,000 $0 $0
2014 $5,601 $541,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Reither

    Seller's Agent in 2021

    Nancy Reither

    Coldwell Banker Realty

    (410) 603-5050

    16 in this area

    298 Total Sales

    Nancy Reither
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Map

Source: Bright MLS

MLS Number: MDWO114018

Bright MLS

APN: 10-426413

Maryland Worcester County Ocean City 21842 West Ocean City

12983 Inlet Isle Ln, Ocean City, MD

This home is located at 12983 Inlet Isle Ln, Ocean City, MD 21842 since 03 July 2020 and is currently estimated at $4,911,258, approximately $818 per square foot. This property was built in 2020. 12983 Inlet Isle Ln 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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