NOT LISTED FOR SALE

181 Jamestown Rd Unit 6 Ocean City, MD 21842

Estimated Value: $363,000 - $477,000

2 Beds
2 Baths
936 Sq Ft
$242/mo HOA Fee

Last Sold June 28, 2019

Last sale price $212,500 $227 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,786/month

233 Days on Market

Highlights

  • 1 Dock Slip
  • Pier
  • Bay View
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Central Air

About This Home

As of June 2019

JUST REDUCED! ACT FAST! Have you been looking for direct bayfront living with expansive views, beautiful sunsets and a boat slip... yet affordable? Look no further! 2 bdrm/2 full bath condo with low condo fees (12 unit small, self-managed condo assoc.). Roof replaced approx. 4-5 yrs ago. Good size bedrooms, washer/dryer, and vintage Preway wood burning fireplace. Enjoy the unobstructed bayfront views from the spacious living/dining space with west facing window and southwest facing deck with storage closet. Roof heat pump replaced in '04, recently updated vanity in hall bath and hot water heater replaced in 2013. Condo dues billed semi-annually. Sold furnished.

Last Agent to Sell the Property

Lauren Bunting

(410) 422-9899 lwbunting@comcast.net Keller Williams Realty Delmarva License #581537 Listed on: 10/02/2018

Keller Williams Realty Delmarva

Last Buyer's Agent

Lauren Bunting

(410) 422-9899 lwbunting@comcast.net Keller Williams Realty Delmarva License #581537 Listed on: 10/02/2018

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,648

Year Built

  • Built in 1973

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 936 Sq Ft Home
  • Property has 3 Levels
  • Wood Burning Fireplace
  • Bay Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Pier
  • Water Access
  • Property near a bay
  • Bulkhead
  • Physical Dock Slip Conveys
  • 1 Dock Slip

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 3962A
  • Assessor Parcel Number 10-133769

Community Details

Overview

  • Association fees include common area maintenance, insurance, exterior building maintenance
  • Low-Rise Condominium
  • Watergate Condominium Association Condos
  • Watergate (Jamestown) Community

Recreation

  • Boat Dock
  • Pier or Dock

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,648

Year Built

Built in 1973

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: Personal Items
  • Home Warranty: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Icemaker, Microwave, Washer/Dryer Stacked
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 936
  • Living Area Sq Ft: 936
  • Price Per Sq Ft: 237.18
  • Above Grade Finished Sq Ft: 936
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Brick, Vinyl Siding
  • Exterior Features: Street Lights, Sidewalks
  • Roof: Flat
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2900.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Watergate Condominium Association
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Pier/Dock, Boat Dock/Slip
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA Name: WA
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Bulkheaded
  • Lot Size Units: Square Feet
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5408178
  • Tax Annual Amount: 2647.68
  • Assessor Parcel Number: 10-133769
  • Tax Lot: 3962A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Jun 28, 2019
Sold by
Dickie John and Dickie Virginia D
Bought by
Sanaya Llc
Seller's Agent
Lauren Bunting
Keller Williams Realty Delmarva
Buyer's Agent
Lauren Bunting
Keller Williams Realty Delmarva
List Price
$237,000
Sold Price
$212,500
Premium/Discount to List
-$24,500
-10.34%
Current Estimated Value
$420,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,637
Avg. Annual Appreciation
11.15%
Original Mortgage
$170,000
Outstanding Balance
$131,173
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$288,964

Purchase Details

Closed on
Nov 30, 1988
Sold by
Algiers Dorothea Ann
Bought by
Dickie John and Dickie Virginia D

Purchase Details

Closed on
Aug 14, 1985
Sold by
Steele William B
Bought by
Algiers Dorothea Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,900
Interest Rate
12.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sanaya Llc $212,500 Dba Real Estate T&E
Dickie John $81,000 --
Algiers Dorothea Ann $78,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanaya Llc $170,000
Previous Owner Algiers Dorothea Ann $51,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $212,500 -4.3% $227 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
04/03/2019 04/03/19 Price Changed $222,000 -6.3% $237 / Sq Ft
03/07/2019 03/07/19 For Sale $237,000 0.0% $253 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
01/31/2019 01/31/19 Price Changed $237,000 -3.3% $253 / Sq Ft
10/02/2018 10/02/18 For Sale $245,000 -- $262 / 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 $4,004 $293,233 $0 $0
2024 $3,417 $244,867 $0 $0
2023 $2,762 $196,500 $98,200 $98,300
2022 $2,762 $196,500 $98,200 $98,300
2021 $2,777 $196,500 $98,200 $98,300
2020 $3,107 $219,900 $109,900 $110,000
2019 $2,897 $203,667 $0 $0
2018 $2,640 $187,433 $0 $0
2017 $2,431 $171,200 $0 $0
2016 -- $171,200 $0 $0
2015 $2,830 $171,200 $0 $0
2014 $2,830 $182,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003898312

Bright MLS

APN: 10-133769