NOT LISTED FOR SALE

203 S Heron Dr Unit 304B2 Ocean City, MD 21842

Estimated Value: $556,535 - $611,000

3 Beds
2 Baths
1,352 Sq Ft
$370/mo HOA Fee

Last Sold June 22, 2012

Last sale price $316,000 $234 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,970/month

Highlights

  • 1 Dock Slip
  • Water Views
  • Home fronts navigable water
  • Ocean City Elementary School Rated A
  • Pier or Dock
  • Water Access

About This Home

As of June 2012

Top floor/end unit*Beachy details/great floor plan-true whimsical beach retreat*Extra Lg balcony-view sunset/boats/docks/bay*Updates-new carpet/upgraded tile/new W/D-High Efficiency/new dishwasher/new HWH*1/2 mile from beach*Beach/boater's dream*Includes deeded boat slip w/lift*Indoor pool/2 outdoor pools/fitness ctr/tennis/more*Close to restaurants/entertainment/shopping*Must See*SameAsMLS#476351

Last Agent to Sell the Property

Jeannie Betten

info@sharingoc.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 02/23/2012

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,341

Year Built

  • Built in 1997

Lot Details

  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,352 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Dining Area
  • Water Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Private Pool
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • 1 Powered Boats Permitted

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 304
  • Assessor Parcel Number 2410367220

Community Details

Overview

  • Association fees include management, insurance, pier/dock maintenance, reserve funds
  • Low-Rise Condominium
  • Baywatch III Community

Amenities

  • Common Area
  • Community Center

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Indoor Pool
  • Community Spa
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,341

Year Built

Built in 1997

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Dining Area, Master Bath(s), Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Top Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1352
  • Living Area Sq Ft: 1352
  • Price Per Sq Ft: 240.38
  • Above Grade Finished Sq Ft: 1352
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Dock Type: Single Slip
  • View: Water
  • Water Access: Yes
  • Water Body Name: BAY CANAL
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • 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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4441.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Jog/Walk Path, Pier/Dock, Pool - Indoor, Pool - Outdoor, Spa, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Pier/Dock Maintenance, Reserve Funds
  • HOA: Yes
  • Community Pool Features: Indoor

Lot Info

  • Improvement Assessed Value: 179820.00
  • Land Assessed Value: 179810.00
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5427602
  • Tax Annual Amount: 4340.73
  • Assessor Parcel Number: 2410367220
  • Tax Lot: 304
  • Tax Total Finished Sq Ft: 1352
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 06/22/2012

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2012
Closed on
Jun 28, 2012
Sold by
Thurber Robert E and Thurber Carol J
Bought by
Dsouza Rohit
Seller's Agent
Jeannie Betten
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$350,000
Sold Price
$316,000
Premium/Discount to List
-$34,000
-9.71%
Current Estimated Value
$582,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,634
Avg. Annual Appreciation
4.69%

Purchase Details

Closed on
Aug 29, 1997
Sold by
Mariani Development Ltd
Bought by
Thurber Robert E and Thurber Carol J
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
Dsouza Rohit $301,000 --
Thurber Robert E $172,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thurber Robert E --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2012 06/22/12 Sold $316,000 -2.8% $234 / Sq Ft
05/18/2012 05/18/12 Pending -- -- --
05/08/2012 05/08/12 Price Changed $325,000 -3.0% $240 / Sq Ft
03/18/2012 03/18/12 Price Changed $335,000 -4.3% $248 / Sq Ft
02/23/2012 02/23/12 For Sale $350,000 -- $259 / 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 $6,522 $477,633 $0 $0
2024 $5,973 $428,067 $0 $0
2023 $5,319 $378,500 $189,200 $189,300
2022 $5,161 $367,233 $0 $0
2021 $5,030 $355,967 $0 $0
2020 $4,870 $344,700 $172,300 $172,400
2019 $4,782 $336,133 $0 $0
2018 $4,614 $327,567 $0 $0
2017 $4,506 $319,000 $0 $0
2016 -- $310,000 $0 $0
2015 $4,316 $301,000 $0 $0
2014 $4,316 $292,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001714602

Bright MLS

APN: 10-367220