NOT LISTED FOR SALE

16 Beach Side Dr Ocean City, MD 21842

Estimated Value: $791,761 - $891,000

4 Beds
4.5 Baths
2,216 Sq Ft
$381/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $575,000 $259 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,809/month

80 Days on Market

Highlights

  • Pier or Dock
  • Fitness Center
  • Gated Community
  • Ocean City Elementary School Rated A
  • Bay View
  • Clubhouse

About This Home

As of June 2020

This lovely Ryan style home will certainly capture your attention as soon as you walk through the door. With 4 bedrooms, 3 full baths, and 2 half baths, there s room for everyone! The intercom system throughout the house makes communicating an easy feat. The entry level den makes an excellent bonus bedroom, a home office, or game room, with a convenient 1st floor half bath. The spacious open floor plan of the main floor is perfect for entertaining family & friends. Enjoy your morning coffee on the balcony just outside of your living room. The natural lighting shining through compliments the tile floor throughout the main living area. Recess lighting in the kitchen draws your eyes to the large island, stainless-steel appliances, and abundance of cabinet & counter top space. A luxurious morning room is the perfect place to unwind after a long summer day or enjoy after dinner drinks with guests. The second-floor bedrooms are the perfect balance of commodious and comfortable; tastefully decorated and vibrantly painted! End your days watching the sunset from your private balconies or soaking in your gorgeous sunken tub in the master bath. Wonderful views of the bay can been enjoyed from the front balconies, and it also overlooks the outdoor pool. Unique hand-painted murals throughout the house gives it coastal vibes. A secluded 4th floor bedroom featuring another private balcony and full bathroom perfectly ties it all together. Of course you will be able to experience all the world class amenities that Sunset Island has to offer including indoor/outdoor pools, fitness center, club house, private beach and restaurant, interactive fountains, 24 hr. security and more! Call to make your appointment today!

Last Agent to Sell the Property

Terry Riley

RE/MAX Advantage Realty Listed on: 03/10/2020

RE/MAX Advantage Realty

Last Buyer's Agent

Tammy Hall

Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,511

Year Built

  • Built in 2004

HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Assigned Parking

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • HardiePlank Type

Interior Spaces

  • 2,216 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Dining Area
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Ocean City Elementary School
  • Berlin Intermediate School
  • Stephen Decatur High School

Additional Features

  • Flood Risk
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot AB16
  • Assessor Parcel Number 10-438888
  • $475 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, pier/dock maintenance, pool(s), road maintenance, security gate, snow removal
  • Cas HOA
  • Sunset Island Community
  • Sunset Island Subdivision

Amenities

  • Clubhouse
  • Convenience Store

Recreation

  • Pier or Dock
  • Fitness Center
  • Community Indoor Pool
  • Jogging Path

Security

  • Security Service
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,511

Year Built

Built in 2004

Lot Details

0

HOA Fees

$560 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal, Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Remarks Public: This lovely Ryan style home will certainly capture your attention as soon as you walk through the door. With 4 bedrooms, 3 full baths, and 2 half baths, there s room for everyone! The intercom system throughout the house makes communicating an easy feat. The entry level den makes an excellent bonus bedroom, a home office, or game room, with a convenient 1st floor half bath. The spacious open floor plan of the main floor is perfect for entertaining family & friends. Enjoy your morning coffee on the balcony just outside of your living room. The natural lighting shining through compliments the tile floor throughout the main living area. Recess lighting in the kitchen draws your eyes to the large island, stainless-steel appliances, and abundance of cabinet & counter top space. A luxurious morning room is the perfect place to unwind after a long summer day or enjoy after dinner drinks with guests. The second-floor bedrooms are the perfect balance of commodious and comfortable; tastefully decorated and vibrantly painted! End your days watching the sunset from your private balconies or soaking in your gorgeous sunken tub in the master bath. Wonderful views of the bay can been enjoyed from the front balconies, and it also overlooks the outdoor pool. Unique hand-painted murals throughout the house gives it coastal vibes. A secluded 4th floor bedroom featuring another private balcony and full bathroom perfectly ties it all together. Of course you will be able to experience all the world class amenities that Sunset Island has to offer including indoor/outdoor pools, fitness center, club house, private beach and restaurant, interactive fountains, 24 hr. security and more! Call to make your appointment today!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, Kitchen - Island, Soaking Tub, Walk-In Closet(s)
  • Fireplace: No
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2216
  • Living Area Sq Ft: 2216
  • Price Per Sq Ft: 266.20
  • Above Grade Finished Sq Ft: 2216
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Exterior Features: Exterior Lighting, Street Lights
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 3108.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3606.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Club House, Convenience Store, Fitness Center, Gated Community, Jog/Walk Path, Pier/Dock, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance, Pool(s), Road Maintenance, Security Gate, Snow Removal
  • HOA Name: CAS
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: BERLIN INTERMEDIATE SCHOOL
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: BERLIN INTERMEDIATE SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5432374
  • Tax Annual Amount: 7511.00
  • Assessor Parcel Number: 10-438888
  • Tax Lot: AB16
  • Tax Total Finished Sq Ft: 2216
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/26/2020

Multi Family

  • Front Foot Fee: 475.00

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Jun 23, 2020
Sold by
Phelps Charles L and Phelps Janet L
Bought by
Goss Mark and Goss Jennifer
Seller's Agent
Terry Riley
RE/MAX Advantage Realty
Buyer's Agent
Tammy Hall
Keller Williams Realty Delmarva
List Price
$589,900
Sold Price
$575,000
Premium/Discount to List
-$14,900
-2.53%
Current Estimated Value
$844,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,190
Avg. Annual Appreciation
7.77%
Original Mortgage
$431,250
Outstanding Balance
$307,571
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$539,593

Purchase Details

Closed on
Jul 26, 2018
Sold by
Phelps Charles L and Phelps Janet L
Bought by
Pheps Charles L and Pheps Janet L

Purchase Details

Closed on
Mar 29, 2005
Sold by
Nvr Inc
Bought by
Lee Phelps Charles and Phelps Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,950
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Goss Mark $575,000 Safeguard Title Ins Agcy Inc
Pheps Charles L -- None Available
Lee Phelps Charles $638,697 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goss Mark $431,250
Previous Owner Phelps Janet Lynn $510,000
Previous Owner Lee Phelps Charles $510,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $575,000 -2.5% $259 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $589,900 -- $266 / 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 $7,904 $622,567 $0 $0
2024 $7,904 $566,433 $0 $0
2023 $7,172 $510,300 $255,100 $255,200
2022 $7,172 $510,300 $255,100 $255,200
2021 $7,211 $510,300 $255,100 $255,200
2020 $7,460 $528,000 $264,000 $264,000
2019 $7,353 $516,900 $0 $0
2018 $7,124 $505,800 $0 $0
2017 $6,856 $494,700 $0 $0
2016 -- $482,900 $0 $0
2015 $5,565 $471,100 $0 $0
2014 $5,565 $459,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO112614

Bright MLS

APN: 10-438888