M
Seller's Agent in 2019
Mary Lou Hearn
Long & Foster
16 Shore Point Dr Ocean City, MD 21842
Estimated Value: $1,298,000 - $1,354,000
5
Beds
4.5
Baths
3,244
Sq Ft
$408/Sq Ft
Est. Value
Highlights
- Beach
- Fitness Center
- Bay View
- Ocean City Elementary School Rated A
- 24-Hour Security
- Clubhouse
About This Home
As of April 2019A Sunset Island luxurious 5 bedroom 4.5 bath home awaits you! This home sits on a tranquil corner lot with three wrap around balconies to enjoy the beautiful bay views. Owners have taken great pleasure in tastefully decorating this beach home. Complete turn key. Spacious gourmet kitchen, large dining area, tile and Pergo floors, hand painted murals throughout, built- ins, chair rails, crown molding, gas fireplace in the living room, private loft bedroom with private sitting room, entry level den with daybed for extra guests, and more! Attached two car garage with more parking spaces available! Owners have meticulously updated all aspects of this home. Seller is providing a Home Warranty with additional Buyer options included. Sunset Island is a premier destination for beach living. Amenities include a bayfront Community Clubhouse with a year round indoor heated pool, outdoor pool, fitness room, social room, and restaurant. The restaurant offers food and beverage service to the outdoor pool. Three bayfront sandy beaches along with community piers ,and a walking trail around the community offer more recreational options. They even have a small store offering sandwiches, drinks, coffee, and more! Across from this store, you will find the fountains and splash fountains for the children. A manned guard house offers 24 hour security monitoring those entering the community. The security guards patrol the community regularly. Sunset Island will offer many wonderful experiences and memories for years to come...
Last Agent to Sell the Property
Mary Lou Hearn
(410) 524-1700 marylou.hearn@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 09/19/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,527
Year Built
- Built in 2005
Lot Details
- 2,537 Sq Ft Lot
- West Facing Home
- Corner Lot
- Sprinkler System
- Property is in very good condition
- Property is zoned BMUD
HOA Fees
- $277 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 2 Open Parking Spaces
- Rear-Facing Garage
- Garage Door Opener
Home Design
- Coastal Architecture
- Entry on the 1st floor
- Pillar, Post or Pier Foundation
- Slab Foundation
- Metal Roof
- HardiePlank Type
Interior Spaces
- 3,244 Sq Ft Home
- Property has 3 Levels
- Central Vacuum
- Furnished
- Built-In Features
- Chair Railings
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Insulated Windows
- Window Treatments
- Window Screens
- Dining Area
- Bay Views
Kitchen
- Built-In Self-Cleaning Double Oven
- Built-In Range
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Home Security
- Intercom
- Monitored
Outdoor Features
- Outdoor Shower
- Multiple Balconies
- Outdoor Storage
- Wrap Around Porch
Schools
- Ocean City Elementary School
- Berlin Middle School
- Stephen Decatur High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Back Up Gas Heat Pump System
- Heating System Powered By Owned Propane
- Vented Exhaust Fan
- Programmable Thermostat
- 200+ Amp Service
- Propane Water Heater
- Cable TV Available
Additional Features
- Garage doors are at least 85 inches wide
- Flood Risk
Listing and Financial Details
- Home warranty included in the sale of the property
- Property is used as a vacation rental
- Tax Lot 6684
- Assessor Parcel Number 10-430984
Community Details
Overview
- Association fees include common area maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, security gate, sauna, snow removal, trash
- Sunset Island Community Association, Phone Number (410) 520-0044
- Sunset Island Subdivision
- Property Manager
Amenities
- Sauna
- Clubhouse
- Meeting Room
- Party Room
Recreation
- Beach
- Fitness Center
- Community Indoor Pool
- Heated Community Pool
- Jogging Path
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2018
Closed on
Apr 29, 2019
Sold by
Scalia Victor and Scalia Evelyn
Bought by
Banning William Lloyd and Banning Erin Kati
Seller's Agent
Mary Lou Hearn
Long & Foster Real Estate, Inc.
Buyer's Agent
Terry Riley
RE/MAX Advantage Realty
List Price
$910,000
Sold Price
$865,000
Premium/Discount to List
-$45,000
-4.95%
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
$460,152
Avg. Annual Appreciation
6.67%
Original Mortgage
$692,000
Outstanding Balance
$608,408
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$716,744
Purchase Details
Closed on
Apr 19, 2005
Sold by
Sunset Isl & Llc
Bought by
Scalia Victor and Scalia Evelyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 30, 2005
Sold by
Sunset Isl & Llc
Bought by
Scalia Victor and Scalia Evelyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Interest Rate
5.78%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Banning William Lloyd | $865,000 | Brennan Title Company | |
| Scalia Victor | $333,267 | -- | |
| Scalia Victor | $333,267 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Banning William Lloyd | $692,000 | |
| Previous Owner | Scalia Victor | $1,030,000 | |
| Previous Owner | Scalia Victor | $1,030,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/29/2019 04/29/19 | Sold | $865,000 | -4.9% | $267 / Sq Ft |
| 02/16/2019 02/16/19 | Pending | -- | -- | -- |
| 09/19/2018 09/19/18 | For Sale | $910,000 | -- | $281 / 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 | $11,671 | $930,533 | $0 | $0 |
| 2024 | $11,662 | $880,567 | $0 | $0 |
| 2023 | $11,476 | $830,600 | $356,800 | $473,800 |
| 2022 | $11,411 | $823,833 | $0 | $0 |
| 2021 | $11,409 | $817,067 | $0 | $0 |
| 2020 | $11,343 | $810,300 | $356,800 | $453,500 |
| 2019 | $11,196 | $787,000 | $0 | $0 |
| 2018 | $10,756 | $763,700 | $0 | $0 |
| 2017 | $9,961 | $740,400 | $0 | $0 |
| 2016 | -- | $701,600 | $0 | $0 |
| 2015 | $10,272 | $662,800 | $0 | $0 |
| 2014 | $10,272 | $624,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Terry Riley
T
Buyer's Agent in 2019
Terry Riley
RE/MAX
(443) 880-0512
151 in this area
194 Total Sales
Map
Source: Bright MLS
MLS Number: 1005603664
APN: 10-430984
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