$1,040,000
SOLD AUG 26, 2022

13000 Marina View Ln Unit 24 Ocean City, MD 21842

West Ocean City Neighborhood
3 Beds
4 Baths
3,069 Sq Ft
$742/mo HOA Fee

Recently Sold

$339 Per Sq Ft

Highlights

  • 25 Feet of Waterfront
  • 1 Dock Slip
  • Pier or Dock
  • Ocean City Elementary School Rated A
  • Marina View
  • Remodeled in 2022

About This Home

As of October 2024

GREAT LOCATION!!! Luxury 3,069 sq. ft. solid concrete block constructed townhomes with soundproof windows and doors. Every unit is finished different, 3 bedrooms/4 full baths, large boat slip, private elevator, two car garage, soaring 9 ft. ceilings with tall windows throughout, outdoor space on every level, large master ensuite with sitting area, his and hers walk-in closets, spa like master bath. Southern exposed heated community pool w/bathhouse & outdoor shower, and much more. The units at The Villas at Inlet Isle are an absolute must see. More details about the project can be found on fb at "The Villas at Inlet Isle, Ocean City, MD" (PLEASE BEWARE - websites you may find online offering information about the Villas at Inlet Isle are not authentic to the project and do not provide accurate or current information.)

Last Agent to Sell the Property

Celeste Dodson

Berkshire Hathaway HomeServices PenFed Realty-WOC License #576050 Listed on: 06/13/2022

Berkshire Hathaway HomeServices PenFed Realty-WOC

Last Buyer's Agent

Celeste Dodson

Berkshire Hathaway HomeServices PenFed Realty-WOC License #576050 Listed on: 06/13/2022

Berkshire Hathaway HomeServices PenFed Realty-WOC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,580

Year Built

  • Built in 2008 | Remodeled in 2022

Lot Details

  • 25 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Property is in excellent condition

HOA Fees

  • $742 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Assigned Parking

Property Views

  • Marina
  • Bay
  • Canal

Home Design

  • Coastal Architecture
  • Foundation Flood Vent
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,069 Sq Ft Home
  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • Laminate Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

Home Security

Outdoor Features

  • Water Access
  • Property is near a canal
  • Physical Dock Slip Conveys
  • 1 Dock Slip

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 24
  • Assessor Parcel Number 2410754925

Community Details

Overview

  • $1,500 Capital Contribution Fee
  • Association fees include insurance, management, pier/dock maintenance, pool(s), reserve funds, trash
  • Villas At Inlet Isle Condos
  • Villas At The Inlet Community
  • Non Development Subdivision
  • Property Manager

Recreation

  • Pier or Dock
  • Heated Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,580

Year Built

Built in 2008 | Remodeled in 2022

Lot Details

0

HOA Fees

$742 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Ownership: Condominium
  • Home Warranty: Yes
  • Inclusions: Boat slip #11 - Tax ID 10-767482
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2008
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: GREAT LOCATION!!! Luxury 3,069 sq. ft. solid concrete block constructed townhomes with soundproof windows and doors. Every unit is finished different, 3 bedrooms/4 full baths, large boat slip, private elevator, two car garage, soaring 9 ft. ceilings with tall windows throughout, outdoor space on every level, large master ensuite with sitting area, his and hers walk-in closets, spa like master bath. Southern exposed heated community pool w/bathhouse & outdoor shower, and much more. The units at The Villas at Inlet Isle are an absolute must see. More details about the project can be found on fb at "The Villas at Inlet Isle, Ocean City, MD" (PLEASE BEWARE - websites you may find online offering information about the Villas at Inlet Isle are not authentic to the project and do not provide accurate or current information.)
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliances, Stove, Water Heater
  • Flooring Type: Laminate Plank
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Crawl Space, Flood Vent
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 3069
  • Living Area Sq Ft: 3069
  • Price Per Sq Ft: 338.87
  • Above Grade Finished Sq Ft: 3069
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 13000

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Frame
  • Construction Completed: No
  • Roof: Metal
  • View: Bay, Canal, Marina, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 25

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2225.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Villas at Inlet Isle
  • HOA Condo Co-Op Amenities: Pier/Dock, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Insurance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Heated

Fee Information

  • Capital Contribution Fee: 1500.00

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5436206
  • Tax Annual Amount: 5580.00
  • Assessor Parcel Number: 2410754925
  • Tax Lot: 24
  • Tax Total Finished Sq Ft: 3069
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/26/2022

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Aug 26, 2022
Sold by
Homers Hideaway Llc
Bought by
Shuman Daniel M and Shuman Lauren
Seller's Agent
Celeste Dodson
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Celeste Dodson
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$1,040,000
Sold Price
$1,040,000
Current Estimated Value
$1,358,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,159
Avg. Annual Appreciation
7.70%
Original Mortgage
$647,200
Interest Rate
5.51%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Deed $1,040,000 Ayres Jenkins Gordy & Almand
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Credit Line Revolving
Open $725,000 New Conventional
Closed $647,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2024 10/14/24 Sold $1,360,000 -2.8% $443 / Sq Ft
07/26/2024 07/26/24 For Sale $1,399,000 +34.5% $456 / Sq Ft
08/26/2022 08/26/22 Sold $1,040,000 0.0% $339 / Sq Ft
06/13/2022 06/13/22 For Sale $1,040,000 -- $339 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
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
2024 $8,089 $849,033 $0 $0
2023 $6,853 $716,067 $0 $0
2022 $5,556 $583,100 $291,500 $291,600
2021 $5,580 $583,100 $291,500 $291,600
2020 $5,556 $583,100 $291,500 $291,600
2019 $5,556 $583,100 $291,500 $291,600
2018 $5,498 $583,100 $291,500 $291,600
2017 $5,522 $583,100 $0 $0
2016 -- $583,100 $0 $0
2015 $5,031 $583,100 $0 $0
2014 $5,031 $583,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2008240

Bright MLS

APN: 10-754925