NOT LISTED FOR SALE

13416 Jefferson Ave Ocean City, MD 21842

Estimated Value: $984,000 - $1,225,000

4 Beds
2.5 Baths
2,288 Sq Ft
$467/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $621,070 $271 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,269/month

Highlights

  • New Construction
  • Water Oriented
  • Coastal Architecture
  • Ocean City Elementary School Rated A
  • Canal View
  • No HOA

About This Home

As of May 2021

Introducing Caruso Homes' newest Coastal Contemporary Style Plan - The Hamilton (To be built) - a 3 level, 4 bedroom, 2.5 bath, 2335 sq. ft. home, thoughtfully designed to be the perfect beach get away in a neighborhood that is about 1 mile from the ocean! The main level's highly desirable open concept living is comprised of gracious sized Kitchen, Dining & Great Room combo with 4th bedroom, Powder room & Flex space that can be utilized as an office or additional sleep space. Ascending to the upper level you will find the Owners Bedroom with a walk-in closet, an attached Owners Bath with Dual Vanity & 6' shower. The 3rd floor also features 2 spacious guest bedrooms with a shared bath, and a laundry room. The ground level comes fully equipped with plenty of storage space or can be converted into a recreation room with a full bath, an ideal area for gaming, music & more. The Hamilton comes with Caruso Homes Signature standards - Plank Flooring, Granite Countertops, Stainless Steel Appliances, Tile in all Baths & Quartz Vanity tops. Here's a few available extras to make this escape complete - Fireplace in Great Room, Main Level Full Bath, 3rd floor Bath and freestanding tub in Owners Bath. Now it's time to personalize your dream home on the perfect home-site Lot 178 - a cleared lot measures 50ft x 100ft, has been surveyed and has water/sewer taps on site. Water view, NO HOA, and NO OC taxes - county tax only! Owner has cleared the lots and installed a new gravel lane for access to each lot. This perfect location on Jefferson Avenue (immediately off Route 54) is about a mile to Maryland and Delaware beaches, restaurants, a water park, movie theater, miniature golf, shopping, and more! Don't miss this incredible opportunity to own at the beach! Listed price is inclusive of Lot Price, House Base Price, Selected Options, and estimated engineering, site work, permits and utility connections ("Lot Finishing Costs"). Square footage is approximate and will be finalized with final options selections. Caruso Homes may offer other elevations for the Hamilton. Property taxes listed is based on lot only.

Last Agent to Sell the Property

Dave Whittington

Coastal Life Realty Group LLC License #520693 Listed on: 05/23/2021

Last Buyer's Agent

Kimberly Heaney

Berkshire Hathaway HomeServices PenFed Realty-WOC License #RS-0024912

Berkshire Hathaway HomeServices PenFed Realty-WOC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $478

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Cleared Lot
  • Property is in excellent condition
  • Property is zoned R-3

Parking

  • 2 Car Direct Access Garage

Home Design

  • Coastal Architecture
  • Stick Built Home

Interior Spaces

  • 2,288 Sq Ft Home
  • Property has 3 Levels
  • Canal Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Water Oriented
  • Property is near a canal

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Public Hookup Available For Sewer
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Built by Caruso Homes
  • Glenn Acres Subdivision

Listing and Financial Details

  • Tax Lot 177
  • Assessor Parcel Number 10-354641

Home Details

Home Type

Single Family

Est. Annual Taxes

$478

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2021
  • Remarks Public: Introducing Caruso Homes' newest Coastal Contemporary Style Plan - The Hamilton (To be built) - a 3 level, 4 bedroom, 2.5 bath, 2335 sq. ft. home, thoughtfully designed to be the perfect beach get away in a neighborhood that is about 1 mile from the ocean! The main level's highly desirable open concept living is comprised of gracious sized Kitchen, Dining & Great Room combo with 4th bedroom, Powder room & Flex space that can be utilized as an office or additional sleep space. Ascending to the upper level you will find the Owners Bedroom with a walk-in closet, an attached Owners Bath with Dual Vanity & 6' shower. The 3rd floor also features 2 spacious guest bedrooms with a shared bath, and a laundry room. The ground level comes fully equipped with plenty of storage space or can be converted into a recreation room with a full bath, an ideal area for gaming, music & more. The Hamilton comes with Caruso Homes Signature standards - Plank Flooring, Granite Countertops, Stainless Steel Appliances, Tile in all Baths & Quartz Vanity tops. Here's a few available extras to make this escape complete - Fireplace in Great Room, Main Level Full Bath, 3rd floor Bath and freestanding tub in Owners Bath. Now it's time to personalize your dream home on the perfect home-site Lot 178 - a cleared lot measures 50ft x 100ft, has been surveyed and has water/sewer taps on site. Water view, NO HOA, and NO OC taxes - county tax only! Owner has cleared the lots and installed a new gravel lane for access to each lot. This perfect location on Jefferson Avenue (immediately off Route 54) is about a mile to Maryland and Delaware beaches, restaurants, a water park, movie theater, miniature golf, shopping, and more! Don't miss this incredible opportunity to own at the beach! Listed price is inclusive of Lot Price, House Base Price, Selected Options, and estimated engineering, site work, permits and utility connections ("Lot Finishing Costs"). Square footage is approximate and will be finalized with final options selections. Caruso Homes may offer other elevations for the Hamilton. Property taxes listed is based on lot only.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2288
  • Living Area Sq Ft: 2288
  • Price Per Sq Ft: 271.45
  • Above Grade Finished Sq Ft: 2288
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 13416

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built
  • Construction Completed: No
  • View: Canal, Water
  • Water Access: No
  • Water Body Type: Canal
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Inside Access
  • 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, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 011
  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: No

Building Info

  • Builder Name: Caruso Homes

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5426533
  • Tax Annual Amount: 478.00
  • Assessor Parcel Number: 10-354641
  • Tax Lot: 177
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/21/2021

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
May 23, 2021
Closed on
May 21, 2021
Sold by
Lyons Stephen P and Lvons Laurie E
Bought by
Nagalla Vamsi and Kothari Davya
Seller's Agent
Dave Whittington
Coastal Life Realty Group LLC
Buyer's Agent
Kimberly Heaney
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$621,070
Sold Price
$621,070
Current Estimated Value
$1,069,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,535
Avg. Annual Appreciation
11.10%
Original Mortgage
$558,963
Outstanding Balance
$512,552
Interest Rate
3.62%
Mortgage Type
Construction
Estimated Equity
$467,253

Purchase Details

Closed on
Jul 1, 2016
Sold by
Robinson Fenwick Properties Llc
Bought by
Lyons Stephen P and Lyons Laure E
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
Nagalla Vamsi $154,900 Ocean Investments Title Corp
Lyons Stephen P $200,000 Real Estate Title & Escrow L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagalla Vamsi $558,963
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2021 05/23/21 For Sale $621,070 0.0% $271 / Sq Ft
05/21/2021 05/21/21 Sold $621,070 -- $271 / Sq Ft
05/21/2021 05/21/21 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
2025 $6,850 $795,100 $160,000 $635,100
2024 $6,850 $718,933 $0 $0
2023 $6,151 $642,767 $0 $0
2022 $476 $50,000 $50,000 $0
2021 $479 $50,000 $50,000 $0
2020 $476 $50,000 $50,000 $0
2019 $476 $50,000 $50,000 $0
2018 $459 $48,667 $0 $0
2017 $436 $47,333 $0 $0
2016 -- $46,000 $0 $0
2015 $403 $46,000 $0 $0
2014 $403 $46,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO120188

Bright MLS

APN: 10-354641