NOT LISTED FOR SALE

Estimated Value: $318,009 - $355,000

2 Beds
1.5 Baths
1,144 Sq Ft
$296/Sq Ft Est. Value

Last Sold May 29, 2012

Last sale price $220,000 $192 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,050/month

108 Days on Market

Highlights

  • Water Views
  • Water Access
  • 1 Fireplace
  • Home fronts navigable water
  • Open Floorplan
  • Furnished

About This Home

As of May 2012

Keywest Style vacation cottage with a view and walk to the beach. Relax on the upper deck and watch the cruise ships pass by. The full moon and sunrise reflecting on the bay are breath taking. Fully furnished. Enjoy the patio with a hot tub. This is a tunkey vacation rental, used as a vacation rental for over 2 years so instantly you have the potential for income. Owner licensed Real Estate agent.

Last Agent to Sell the Property

Phyllis Minik

Western Shore Realty, LLC Listed on: 06/07/2011

Last Buyer's Agent

Phyllis Minik

Western Shore Realty, LLC Listed on: 06/07/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,142

Year Built

  • Built in 1991

Lot Details

  • 5,000 Sq Ft Lot
  • Home fronts navigable water

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • Dirt Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • 1 Fireplace
  • Combination Kitchen and Living
  • Water Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom

Outdoor Features

  • Water Access
  • Property near a bay

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Long Beach HOA

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 31
  • Assessor Parcel Number 0501044087

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,142

Year Built

Built in 1991

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice,Furniture Conveys
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Stove, Washer/Dryer Stacked
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Master Bath(s), Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 113.00
  • 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
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 20.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: LONG BEACH
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 115240.00
  • Land Assessed Value: 100000.00
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Year Assessed: 2011
  • Zoning: R

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 14951479
  • Tax Annual Amount: 2141.58
  • Assessor Parcel Number: 0501044087
  • Tax Lot: 31
  • Tax Total Finished Sq Ft: 1144
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 05/29/2012

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2011
Closed on
May 29, 2012
Sold by
Minik Phyllis
Bought by
Menser Maridith L and Malarkey Michael
Seller's Agent
Phyllis Minik
Western Shore Realty, LLC
Buyer's Agent
Phyllis Minik
Western Shore Realty, LLC
List Price
$273,000
Sold Price
$220,000
Premium/Discount to List
-$53,000
-19.41%
Current Estimated Value
$338,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,252
Avg. Annual Appreciation
3.30%
Original Mortgage
$164,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2006
Sold by
Hofman Karen
Bought by
Minik Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2006
Sold by
Hofman Karen
Bought by
Minik Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1997
Sold by
Secretary Of Housing & Urban
Bought by
Hofman Karen

Purchase Details

Closed on
Aug 7, 1997
Sold by
Ardizzone Daniel F
Bought by
Secretary Of Housing & Urban and Development Of Washington Dc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Menser Maridith L $220,000 None Available
Minik Phyllis $245,000 --
Minik Phyllis $245,000 --
Hofman Karen $82,000 --
Secretary Of Housing & Urban $103,245 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lmenser Maridith $189,750
Closed Menser Maridith L $56,000
Closed Menser Maridith L $164,000
Previous Owner Minik Phyllis $57,000
Previous Owner Minik Phyllis $196,000
Previous Owner Minik Phyllis $196,000
Closed Hofman Karen --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2012 05/29/12 Sold $220,000 -19.4% $192 / Sq Ft
09/23/2011 09/23/11 Pending -- -- --
06/07/2011 06/07/11 For Sale $273,000 -- $239 / 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 $2,460 $228,267 $0 $0
2024 $2,460 $213,433 $0 $0
2023 $2,063 $198,600 $85,000 $113,600
2022 $2,190 $196,267 $0 $0
2021 $2,145 $193,933 $0 $0
2020 $2,145 $191,600 $85,000 $106,600
2019 $2,097 $186,333 $0 $0
2018 $2,028 $181,067 $0 $0
2017 $1,997 $175,800 $0 $0
2016 -- $175,800 $0 $0
2015 $2,274 $175,800 $0 $0
2014 $2,274 $177,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004464532

Bright MLS

APN: 01-044087