NOT LISTED FOR SALE

2 Beach Side Dr Unit LUS-AD Ocean City, MD 21842

Estimated Value: $750,000 - $1,583,000

5 Beds
4.5 Baths
3,920 Sq Ft
$276/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $1,000,000 $255 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,996/month

Highlights

  • Water Views
  • Beach
  • Water Oriented
  • Ocean City Elementary School Rated A
  • Fitness Center
  • Open Floorplan

About This Home

As of April 2017

GORGEOUS SF WATERVIEW HOME IN THE PRIVATE COMMUNITY OF SUNSET ISLAND! ENJOY THE BEACH LIFESTYLE IN THIS FANTASTIC HOME W/TONS OF NATURAL LIGHT AND GREAT VIEWS! FANTASTIC AMENITIES ABOUND...1ST FLR WITH 2 CAR GARAGE, OUTDR SHOWER, TOP FLOOR W/MBR & BONUS RM. DIVE RIGHT INTO COMMUNITY AMENITIES SUCH AS BAYFRONT PRIVATE BEACH, INDR/OUTDR POOL, FOUNTAINS, FITNESS RM & MORE! WOW!

Last Agent to Sell the Property

Georgeanna Garceau

(443) 640-1420 ggarceau@garceaurealty.com Garceau Realty Listed on: 02/17/2017

Last Buyer's Agent

Georgeanna Garceau

(443) 640-1420 ggarceau@garceaurealty.com Garceau Realty Listed on: 02/17/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,945

Year Built

  • Built in 2006

Lot Details

  • Property is in very good condition
  • Property is zoned BMUD

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 3,920 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Open Floorplan
  • 1 Fireplace
  • Sliding Doors
  • Six Panel Doors
  • Water Views
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4.5 Bathrooms

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property near a bay
  • Balcony

Schools

  • Stephen Decatur High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot AD2
  • Assessor Parcel Number 2410412366

Community Details

Overview

  • $121 Other Monthly Fees
  • Built by CUSTOM BUILDER
  • Sunset Island Community
  • Sunset Island Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Fitness Center
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,945

Year Built

Built in 2006

Lot Details

0

HOA Fees

$494 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 2006
  • Remarks Public: GORGEOUS SF WATERVIEW HOME IN THE PRIVATE COMMUNITY OF SUNSET ISLAND! ENJOY THE BEACH LIFESTYLE IN THIS FANTASTIC HOME W/TONS OF NATURAL LIGHT AND GREAT VIEWS! FANTASTIC AMENITIES ABOUND...1ST FLR WITH 2 CAR GARAGE, OUTDR SHOWER, TOP FLOOR W/MBR & BONUS RM. DIVE RIGHT INTO COMMUNITY AMENITIES SUCH AS BAYFRONT PRIVATE BEACH, INDR/OUTDR POOL, FOUNTAINS, FITNESS RM & MORE! WOW!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Elevator, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3920
  • Living Area Sq Ft: 3920
  • Price Per Sq Ft: 280.61
  • Above Grade Finished Sq Ft: 3920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4.00
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Hardiplank Type
  • Exterior Features: Outside Shower
  • Pool Private: No
  • Roof: Metal
  • View: Water
  • View: Yes
  • Water Access: No
  • Water Body Name: BAY
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • 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
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2964.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 2964.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Pool - Indoor, Exercise Room, Beach
  • HOA Condo Co-Op Rules: Covenants, Restrictions
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Indoor

Fee Information

  • Other Fees: 1449.00
  • Other Fees Frequency: Annually

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • High School: STEPHEN DECATUR
  • School District Key: 121138066543
  • High School: STEPHEN DECATUR

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 598500.00
  • Land Assessed Value: 320400.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: BMUD
  • In City Limits: Yes

Building Info

  • Builder Name: CUSTOM BUILDER

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5431296
  • Tax Annual Amount: 11945.36
  • Assessor Parcel Number: 2410412366
  • Tax Lot: AD2
  • Tax Total Finished Sq Ft: 3920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 04/26/2017

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2013
Sold by
Vasquez Kevin R and Vasquez Kathryn G
Bought by
Massey Richard W and Massey Michelle L
Current Estimated Value
$1,080,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$216,664
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$863,989

Purchase Details

Closed on
Oct 21, 2011
Sold by
Steinour Barbara A
Bought by
Vasquez Kevin R

Purchase Details

Closed on
Oct 13, 2011
Sold by
Steinour Tim C and Steinour Barbara A
Bought by
Vasquez Kevin R and Vasquez Kathryn G

Purchase Details

Closed on
Mar 31, 2004
Sold by
Nvr Inc
Bought by
Steinour Barbara A and Steinour Tim
Source: Public Records

Range of Values:

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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
Massey Richard W $640,000 Brennan Title Company
Vasquez Kevin R $670,000 --
Vasquez Kevin R $670,000 Brennan Title Company
Vasquez Kevin R $670,000 --
Steinour Barbara A $721,590 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massey Richard W $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2017 04/26/17 Sold $1,000,000 -9.1% $255 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $1,100,000 -- $281 / 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 $9,484 $747,100 $0 $0
2024 $9,484 $679,700 $0 $0
2023 $8,605 $612,300 $306,100 $306,200
2022 $8,605 $612,300 $306,100 $306,200
2021 $8,652 $612,300 $306,100 $306,200
2020 $8,651 $612,300 $306,100 $306,200
2019 $8,688 $610,733 $0 $0
2018 $8,580 $609,167 $0 $0
2017 $8,583 $607,600 $0 $0
2016 -- $607,600 $0 $0
2015 $5,979 $607,600 $0 $0
2014 $5,979 $607,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003752867

Bright MLS

APN: 10-423252