Seller's Agent in 2021
Terry Looney
Century 21 New Horizon
(410) 726-7689
20 in this area
27 Total Sales
1513 Teal Dr Ocean City, MD 21842
Estimated Value: $716,123 - $833,000
3
Beds
2
Baths
2,052
Sq Ft
$380/Sq Ft
Est. Value
Highlights
- Water Oriented
- 0.18 Acre Lot
- Furnished
- Ocean City Elementary School Rated A
- Contemporary Architecture
- No HOA
About This Home
As of May 2021This one story contemporary brick home is a real gem located in prestigious Mallard Island. It has been completely updated, is beautifully appointed and in move in condition. All windows have custom plantation shutters. Other features include a walk in closet in the master suite, breakfast nook and a large separate dining area with wood flooring, fireplace, living room with wood flooring, state of the art TV with surround sound, large foyer and storage room you can access from the inside as well as the outside. A must see on your list!
Last Agent to Sell the Property
(410) 726-7689 terry@terrylooney.com Century 21 New Horizon License #RS-0008737 Listed on: 06/02/2020
Last Buyer's Agent
(410) 422-9899 lwbunting@comcast.net Keller Williams Realty Delmarva License #581537
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,067
Year Built
- Built in 1980
Lot Details
- 7,900
Parking
- Driveway
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Architectural Shingle Roof
Interior Spaces
- 2,052 Sq Ft Home
- Property has 1 Level
- Furnished
- Brick Fireplace
- Window Treatments
Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Water Oriented
- Property near a bay
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Zoned Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Additional Features
- 7,900 Sq Ft Lot
- Flood Risk
Community Details
- No Home Owners Association
- Mallard Island Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 68
- Assessor Parcel Number 10-040027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2020
Closed on
May 24, 2021
Sold by
Slocum Glenn G
Bought by
Coleman Jacob W and Coleman Melanie T
Seller's Agent
Terry Looney
Century 21 New Horizon
Buyer's Agent
Lauren Bunting
Keller Williams Realty Delmarva
List Price
$599,900
Sold Price
$559,900
Premium/Discount to List
-$40,000
-6.67%
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
$220,881
Avg. Annual Appreciation
7.80%
Original Mortgage
$503,910
Outstanding Balance
$455,954
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$324,827
Purchase Details
Closed on
Dec 26, 2011
Sold by
Slocum Glenn G and The Glenn G Slocum Jr 1995 Liv
Bought by
Slocum Glenn G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 31, 2006
Sold by
Slocum Glenn G
Bought by
Glenn G Slocum Jr 1995 Living and Trust
Purchase Details
Closed on
Oct 25, 2006
Sold by
Slocum Glenn G
Bought by
Glenn G Slocum Jr 1995 Living and Trust
Purchase Details
Closed on
Jun 16, 2005
Sold by
Jefferson Valerie Hazzard Trs
Bought by
Slocum Glenn G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 1997
Sold by
Hazzard Ruth T
Bought by
Jefferson Valerie Hazzard Trs & Ruth T Hazzar and Life Ruth T Hazzard For
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 |
|---|---|---|---|
| Coleman Jacob W | $559,900 | None Available | |
| Slocum Glenn G | -- | None Available | |
| Glenn G Slocum Jr 1995 Living | -- | -- | |
| Glenn G Slocum Jr 1995 Living | -- | -- | |
| Slocum Glenn G | $642,500 | -- | |
| Jefferson Valerie Hazzard Trs & Ruth T Hazzar | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Coleman Jacob W | $503,910 | |
| Previous Owner | Slocum Glenn G | $185,000 | |
| Previous Owner | Slocum Glenn G | $207,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/24/2021 05/24/21 | Sold | $559,900 | 0.0% | $273 / Sq Ft |
| 04/21/2021 04/21/21 | Pending | -- | -- | -- |
| 01/25/2021 01/25/21 | Price Changed | $559,900 | -2.6% | $273 / Sq Ft |
| 07/15/2020 07/15/20 | Price Changed | $574,900 | -4.2% | $280 / Sq Ft |
| 06/02/2020 06/02/20 | For Sale | $599,900 | -- | $292 / 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 | $7,605 | $556,933 | $0 | $0 |
| 2024 | $7,458 | $534,467 | $0 | $0 |
| 2023 | $7,195 | $512,000 | $304,500 | $207,500 |
| 2022 | $7,140 | $508,067 | $0 | $0 |
| 2021 | $7,124 | $504,133 | $0 | $0 |
| 2020 | $7,067 | $500,200 | $304,500 | $195,700 |
| 2019 | $6,599 | $463,867 | $0 | $0 |
| 2018 | $6,021 | $427,533 | $0 | $0 |
| 2017 | $5,554 | $391,200 | $0 | $0 |
| 2016 | $5,599 | $391,200 | $0 | $0 |
| 2015 | $5,599 | $391,200 | $0 | $0 |
| 2014 | $5,599 | $404,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Looney
-
Lauren Bunting
Buyer's Agent in 2021
Lauren Bunting
Keller Williams Realty Delmarva
(410) 422-9899
68 in this area
171 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO114186
APN: 10-040027
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