NOT LISTED FOR SALE

14137 Sea Captain Rd Ocean City, MD 21842

Estimated Value: $513,000 - $645,890

2 Beds
2 Baths
1,508 Sq Ft
$385/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $245,000 $162 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,505/month

Highlights

  • Physical Dock Slip Conveys
  • Water Views
  • Water Access
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Open Floorplan

About This Home

As of June 2014

Unique 2 br 2 full bth home on the water. Keep your boat or jet skis on your private dock. Rent for income, use as a vacation home or a combination of both. Privacy of a single family home at condo price without condo or HOA fees. Most homes in subdivision are priced in the 400s to the 600s. Only future upside for this investment. You will not find another detached home on the water at this price.

Last Agent to Sell the Property

Zee Csiszar

(301) 788-9333 zsolt@zmrhome.com Structure Realty LLC Listed on: 03/21/2014

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,851

Year Built

  • Built in 1985

Lot Details

  • 4,500 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal

Parking

  • Off-Street Parking

Home Design

  • Geodesic or Dome Home
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Combination Kitchen and Living
  • Dining Area
  • Wood Flooring
  • Water Views

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

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

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Caine Woods HOA

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 12
  • Assessor Parcel Number 2410187257

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,851

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Dome
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Dryer, Microwave, Oven - Single, Oven - Wall, Refrigerator, Washer
  • Interior Amenities: Dining Area, Breakfast Area, Kitchen - Country, Kitchen - Island, Combination Kitchen/Living, Window Treatments, Entry Level Bedroom, Wood Floors, Floor Plan - Open
  • Window Features: Skylights
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Against Bulkhead Only (Lateral)
  • View: Water
  • Water Access: Yes
  • Water Body Name: CANAL
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: CAINE WOODS
  • HOA: No

Lot Info

  • Improvement Assessed Value: 84700.00
  • Land Assessed Value: 273600.00
  • Lot Size Acres: 0.10
  • Lot Size Area: 4500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5412615
  • Tax Annual Amount: 4851.38
  • Assessor Parcel Number: 2410187257
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Federal Flood Zone: YES
  • Waterfront Features: Private Dock Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
Jun 27, 2014
Sold by
Karageorge Stamatia
Bought by
Thomas Thomas J and Thomas Eileen M
Seller's Agent
Zee Csiszar
Structure Realty LLC
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Current Estimated Value
$580,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,473
Avg. Annual Appreciation
7.90%

Purchase Details

Closed on
May 17, 1982
Sold by
O'Shea Patrick F
Bought by
Karageorge Anthony L and Karageorge Stamatia
Source: Public Records

Range of Values:

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Average Value
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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
Thomas Thomas J $245,000 None Available
Karageorge Anthony L $28,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $245,000 -7.5% $162 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $265,000 -- $176 / 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 $5,609 $410,733 $0 $0
2024 $5,218 $373,967 $0 $0
2023 $4,753 $337,200 $285,600 $51,600
2022 $4,720 $335,833 $0 $0
2021 $4,726 $334,467 $0 $0
2020 $4,706 $333,100 $285,600 $47,500
2019 $4,698 $330,233 $0 $0
2018 $4,611 $327,367 $0 $0
2017 $4,584 $324,500 $0 $0
2016 -- $323,167 $0 $0
2015 $3,262 $321,833 $0 $0
2014 $3,262 $358,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2014

    Zee Csiszar

    Structure Realty LLC

    (301) 788-9333

    3 Total Sales

    Zee Csiszar
    Section Image

  • N

    Buyer's Agent in 2014

    Non Member Member

    Metropolitan Regional Information Systems

See All Agents

Map

Source: Bright MLS

MLS Number: 1001757274

Bright MLS

APN: 10-187257

Maryland Worcester County Ocean City 21842

14137 Sea Captain Rd, Ocean City, MD

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