NOT LISTED FOR SALE

148 Peachtree Rd Ocean City, MD 21842

Estimated Value: $544,000 - $762,000

3 Beds
2 Baths
1,296 Sq Ft
$512/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $680,000 $525 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,158/month

5 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Private Dock Site
  • Private Water Access
  • Ocean City Elementary School Rated A
  • Pier or Dock
  • Tennis Courts

About This Home

As of October 2023

Start your day with a walk along the beach, paddle your way out to the bay, and enjoy all that Ocean City has to offer – all from the central location of this wonderful coastal retreat! Introducing 148 Peachtree Drive in the amenity-rich Montego Bay community. Light-filled interiors and waterfront views greet you as you enter the home’s main living space, its open floor plan creates the perfect ambiance for coastal living and entertaining. Under the canopy of a soaring cathedral ceiling, the substantial living room area offers space for multiple zones to lounge, unwind with a book, or gather with family and friends. The open layout also allows for easy interaction between the kitchen, dining, living, and 3-seasons porch while hosting panoramic waterfront views. The gourmet kitchen offers abundant counter prep space, as well as plenty of upper and lower cabinetry storage options and a generous boom-a-rang center island with additional storage for all your culinary gadgets. On the other side of the home’s split layout are the sleeping quarters. The primary bedroom is a serene retreat offering an ensuite with a dual vanity, a tub/shower combo, and both a linen and wardrobe closet. There are two additional bedrooms, a large-scale laundry room complete with upper cabinetry storage and utility sink, and pull-down stairs to the attic, offering ample storage space. The 3-seasons porch is a splendid space for dining and lounging, enjoying the bay breezes that invite you to come outside to the home’s terraced patio and private 40’ dock area and experience more of the many benefits of living waterfront. Launch your watercraft, kayak, or SUP and meander your way down the canal out to the bay and enjoy wonderful water adventures, come back home rinse off in the outdoor shower, and lock your gear up in the utility shed or in the spacious under deck storage area complete with custom racks for your kayaks and boards. The Montego Bay community offers a range of amenities for its residents, such as 2 community pools, tennis courts, shuffleboard courts, walking paths, a park, a miniature golf course, and Bay boardwalk with fishing and crabbing piers, a pond, and a wildlife sanctuary. It's a wonderful place to unwind, socialize, and enjoy the outdoors. The community's HOA fee is only $396.00/year. Additionally, the location of this awesome home in North OC is an easy walk to beautiful beaches, shopping, dining, entertainment, and an abundance of recreational activities. This lovely home is being sold furnished with some exclusions. Whether you're looking for a permanent residence or 2nd home, 148 Peachtree Drive could be the perfect coastal retreat for you.

*** Please join us for Open Houses this weekend beginning Friday 7/28 4 pm-6pm, Saturday(7/29) 1 pm-3 pm and Sunday(7/30) 1 pm-3pm***

Last Agent to Sell the Property

Danielle Halstuch

(410) 531-0321 daniellehalstuch@northroprealty.com Northrop Realty License #0225255494 Listed on: 07/26/2023

Northrop Realty

Last Buyer's Agent

Suzanne Macnab

(302) 228-1251 smacbeach@msn.com RE/MAX Advantage Realty License #95214

RE/MAX Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,303

Year Built

  • Built in 2004

Lot Details

  • 3,600 Sq Ft Lot
  • 40 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Landscaped
  • Extensive Hardscape
  • Front and Side Yard
  • Property is in excellent condition
  • Property is zoned TR

HOA Fees

  • $33 Monthly HOA Fees

Property Views

  • Panoramic
  • Canal
  • Garden

Home Design

  • Rambler Architecture
  • Pitched Roof
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 1,296 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Electric Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Outdoor Features

  • Outdoor Shower
  • Private Water Access
  • Property is near a canal
  • Bulkhead
  • Private Dock Site
  • Tennis Courts
  • Sport Court
  • Enclosed Patio or Porch
  • Utility Building

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1257B
  • Assessor Parcel Number 2410199840

Community Details

Overview

  • Montego Bay Civic Association
  • Montego Bay Subdivision

Recreation

  • Pier or Dock
  • Tennis Courts
  • Shuffleboard Court
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,303

Year Built

Built in 2004

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-07-28
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Built-In Microwave, Refrigerator, Dryer, Washer, Water Heater, Oven/Range - Electric, Exhaust Fan
  • Flooring Type: Partially Carpeted, Vinyl
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Recessed Lighting, Tub Shower
  • Window Features: Insulated, Screens, Sliding, Double Pane
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm, Sliding Glass, Six Panel
  • Wall Ceiling Types: Dry Wall, High
  • Foundation Details: Other, Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Sun/Florida Room, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1296
  • Living Area Sq Ft: 1296
  • Price Per Sq Ft: 501.54
  • Above Grade Finished Sq Ft: 1296
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Utility Building
  • Construction Materials: Combination, Vinyl Siding, Stick Built
  • Exterior Features: Extensive Hardscape, Outside Shower, Sidewalks, Sport Court, Street Lights, Tennis Court(s)
  • Roof: Architectural Shingle, Pitched
  • View: Canal, Water, Garden/Lawn, Panoramic
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 40

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 396.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Shuffleboard, Jog/Walk Path, Pier/Dock, Swimming Pool
  • HOA Name: MONTEGO BAY CIVIC ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Fenced

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Features: Bulkheaded, Front Yard, Landscaping, Sideyard(s)
  • Lot Size Acres: 0.08
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3600.00
  • Outdoor Living Structures: Patio(s), Enclosed, Screened
  • Property Condition: Excellent
  • Zoning: TR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5303.00
  • Assessor Parcel Number: 2410199840
  • Tax Lot: 1257B
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Oct 6, 2023
Sold by
Barsotti Paul E and Barsotti Christine G
Bought by
Russell Steven P and Russell Carolyn M
Seller's Agent
Danielle Halstuch
Northrop Realty
Buyer's Agent
Suzanne Macnab
RE/MAX Advantage Realty
List Price
$650,000
Sold Price
$680,000
Premium/Discount to List
$30,000
4.62%
Views
199
Current Estimated Value
$663,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,707
Avg. Annual Appreciation
-1.20%

Purchase Details

Closed on
Jul 5, 2012
Sold by
Kraft John G
Bought by
Barsotti Paul E and Barsotti Christine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2001
Sold by
Kraft John G and Kraft Anna K
Bought by
Kraft John G and Kraft Anna K
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
Russell Steven P $680,000 None Listed On Document
Barsotti Paul E $400,000 Tower Title Services
Kraft John G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barsotti Paul E $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $680,000 +4.6% $525 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $650,000 -- $502 / 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 $7,830 $573,433 $0 $0
2024 $6,822 $488,867 $0 $0
2023 $5,682 $404,300 $197,200 $207,100
2022 $5,287 $376,233 $0 $0
2021 $4,920 $348,167 $0 $0
2020 $4,523 $320,100 $197,200 $122,900
2019 $4,554 $320,100 $197,200 $122,900
2018 $4,508 $320,100 $197,200 $122,900
2017 $4,955 $350,800 $0 $0
2016 -- $342,733 $0 $0
2015 $4,663 $334,667 $0 $0
2014 $4,663 $326,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2015148

Bright MLS

APN: 10-199840