Seller's Agent in 2022
Kimberly Chisholm
Compass
(410) 707-0781
3 in this area
9 Total Sales
15 Beach Walk Ln Ocean City, MD 21842
Estimated Value: $769,516 - $824,000
4
Beds
5
Baths
2,216
Sq Ft
$361/Sq Ft
Est. Value
Highlights
- Pier or Dock
- Home fronts navigable water
- Fitness Center
- Ocean City Elementary School Rated A
- Canoe or Kayak Water Access
- Fishing Allowed
About This Home
As of July 2022Welcome to the Sunset Island, Ocean City’s premiere, gated, and secure waterfront community. Amenities such as private bayside beach, onsite restaurant with beach service for food and drinks, full gym, walking paths, quaint general store, indoor/outdoor pools, this resort style truly offers something for everyone. Fresh new paint and new furniture, 15 BEACH WALK LANE is sure to please! This is a pristine, spacious home that is equally suited for small intimate gatherings or larger multiple-family reunions Sold fully furnished with 5 bedrooms, 3 full bathrooms and two powder rooms, 3 balconies, and even a peekaboo view of the water, this unit has it all. The enormous kitchen radiates with warm natural light and boasts a massive kitchen island, a huge kitchen table, and all new updated appliances – this area is truly the heart of this amazing property. The sumptuous primary bedroom offers a full sized primary bath with a deep soaking tub as well as a walk in closet. A bunk bed room, two twins, and a private upper queen round out the upper bedrooms. And there is a private queen bedroom on the main floor with private half bath nearby. The two car garage and adjoining parking pad offer plenty of parking for all your vehicles while oyster shell parking out front can handle any overflow parking needs. Situated within a stones throw of the three pools and the tranquil beach area, this residence is in a perfect location to enjoy it all. Stay for a weekend, stay for a month, 15 BEACH WALK LANE is your home away from home. While you are not using it use it for a money making rental! NOTE: although this was not technically a rental unit, the property has been rented to friends and family for 4 weeks during the summer of 2022. These dates must be honored. The rest of the summer is wide open!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,291
Year Built
- Built in 2005
Lot Details
- Home fronts navigable water
- Property is in very good condition
HOA Fees
Parking
- 2 Car Attached Garage
- 2 Driveway Spaces
- Alley Access
- Rear-Facing Garage
- Off-Street Parking
- Assigned Parking
Home Design
- Coastal Architecture
- Entry on the 1st floor
- HardiePlank Type
Interior Spaces
- 2,216 Sq Ft Home
- Property has 4 Levels
- Open Floorplan
- Furnished
- Ceiling Fan
- Dining Area
- Den
- Security Gate
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Built-In Microwave
- Extra Refrigerator or Freezer
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Soaking Tub
- Walk-in Shower
Laundry
- Laundry on lower level
- Dryer
- Washer
Outdoor Features
- Canoe or Kayak Water Access
- Private Water Access
- Property near a bay
- Personal Watercraft
- Swimming Allowed
- Powered Boats Permitted
- Multiple Balconies
- Water Fountains
- Exterior Lighting
- Porch
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Berlin Intermediate School
- Stephen Decatur High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Phone Available
- Cable TV Available
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot TP15
- Assessor Parcel Number 10-439671
- $475 Front Foot Fee per year
Community Details
Overview
- $699 Capital Contribution Fee
- Association fees include common area maintenance, lawn maintenance, pier/dock maintenance, pool(s), road maintenance, security gate, snow removal
- Cas HOA, Phone Number (410) 520-0044
- Sunset Phase 2 Community
- Sunset Island Subdivision
Amenities
- Clubhouse
- Convenience Store
Recreation
- Pier or Dock
- Fitness Center
- Community Indoor Pool
- Community Pool or Spa Combo
- Heated Community Pool
- Fishing Allowed
- Jogging Path
Pet Policy
- Dogs and Cats Allowed
Security
- Security Service
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2022
Closed on
Jul 13, 2022
Sold by
Chisholm John A
Bought by
Canizales Yeremi and Canizales Amanda
Seller's Agent
Kimberly Chisholm
Compass
Buyer's Agent
April Love Raimond
EXP Realty, LLC
List Price
$699,000
Sold Price
$696,000
Premium/Discount to List
-$3,000
-0.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,129
Avg. Annual Appreciation
4.36%
Original Mortgage
$556,800
Outstanding Balance
$532,759
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$266,370
Purchase Details
Listed on
May 7, 2021
Closed on
Aug 4, 2021
Sold by
Ramos Benedicto J and Ramos Carolyn
Bought by
Chisholm John A
Seller's Agent
Terry Riley
Shore 4U Real Estate
Buyer's Agent
Kimberly Chisholm
Compass
List Price
$599,900
Sold Price
$599,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.93%
Purchase Details
Listed on
Sep 19, 2017
Closed on
Jul 20, 2018
Sold by
Mohammed Richie and Mohammed Natasha J
Bought by
Ramos Benedicto J and Ramos Carolyn
Seller's Agent
Chris Jett
RE/MAX Advantage Realty
Buyer's Agent
Terry Riley
RE/MAX Advantage Realty
List Price
$519,900
Sold Price
$500,000
Premium/Discount to List
-$19,900
-3.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 26, 2007
Sold by
Hovet Kenneth O and Hovet Maria A
Bought by
Mohammed Richie and Mohammed Natasha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 13, 2007
Sold by
Hovet Kenneth O and Hovet Maria A
Bought by
Mohammed Richie and Mohammed Natasha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 10, 2005
Sold by
Nvr Inc
Bought by
Hovet Kenneth O and Hovet Maria A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,268
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 27, 2004
Sold by
Nvr Inc
Bought by
Hovet Kenneth O and Hovet Maria A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,268
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Canizales Yeremi | $696,000 | Stewart Title Guaranty Company | |
| Chisholm John A | $599,900 | Ocean Investments Title Corp | |
| Ramos Benedicto J | $500,000 | Key Title Inc | |
| Mohammed Richie | $558,000 | -- | |
| Mohammed Richie | $558,000 | -- | |
| Hovet Kenneth O | $574,085 | -- | |
| Hovet Kenneth O | $574,085 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Canizales Yeremi | $556,800 | |
| Previous Owner | Ramos Benedicto J | $450,000 | |
| Previous Owner | Mohammed Richie | $417,000 | |
| Previous Owner | Mohammed Richie | $417,000 | |
| Previous Owner | Hovet Kenneth O | $459,268 | |
| Previous Owner | Hovet Kenneth O | $459,268 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/15/2022 07/15/22 | Sold | $696,000 | -0.4% | $314 / Sq Ft | |
| 06/13/2022 06/13/22 | Pending | -- | -- | -- | |
| 06/06/2022 06/06/22 | For Sale | $699,000 | +16.5% | $315 / Sq Ft | |
| 08/04/2021 08/04/21 | Sold | $599,900 | 0.0% | $271 / Sq Ft | View Prior Sale |
| 05/14/2021 05/14/21 | Pending | -- | -- | -- | |
| 05/07/2021 05/07/21 | For Sale | $599,900 | +20.0% | $271 / Sq Ft | |
| 07/20/2018 07/20/18 | Sold | $500,000 | -3.8% | $226 / Sq Ft | View Prior Sale |
| 06/13/2018 06/13/18 | Pending | -- | -- | -- | |
| 09/19/2017 09/19/17 | For Sale | $519,900 | -- | $235 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,736 | $610,567 | $0 | $0 |
| 2024 | $7,736 | $554,433 | $0 | $0 |
| 2023 | $7,003 | $498,300 | $249,100 | $249,200 |
| 2022 | $7,003 | $498,300 | $249,100 | $249,200 |
| 2021 | $7,041 | $498,300 | $249,100 | $249,200 |
| 2020 | $7,161 | $516,000 | $258,000 | $258,000 |
| 2019 | $7,183 | $504,900 | $0 | $0 |
| 2018 | $6,955 | $493,800 | $0 | $0 |
| 2017 | $6,685 | $482,700 | $0 | $0 |
| 2016 | -- | $470,900 | $0 | $0 |
| 2015 | $5,395 | $459,100 | $0 | $0 |
| 2014 | $5,395 | $447,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Chisholm
-
April Love Raimond
Buyer's Agent in 2022
April Love Raimond
EXP Realty, LLC
(302) 620-3340
17 in this area
203 Total Sales
-
Terry Riley
T
Seller's Agent in 2021
Terry Riley
Shore 4U Real Estate
(443) 880-0512
159 in this area
200 Total Sales
-
Chris Jett
Seller Co-Listing Agent in 2021
Chris Jett
RE/MAX
(443) 523-2360
161 in this area
208 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2008268
APN: 10-439671
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