NOT LISTED FOR SALE

220 N Heron Dr Unit 2202 Ocean City, MD 21842

Estimated Value: $736,000 - $788,000

2 Beds
3.5 Baths
1,459 Sq Ft
$522/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $500,000 $343 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,160/month

222 Days on Market

Highlights

  • 1 Dock Slip
  • Pier or Dock
  • Access to Tidal Water
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Fitness Center

About This Home

As of June 2020

PRICE REDUCED! This won't last long at this price! A true get-a-way at the beach! Views of the canal, ducks, geese, bird sanctuary and the bay! Boat Dock! Close to the amenities area w/ 4 pools, gym, tennis courts, meeting rooms. Five blocks to the beach!! Perfect unit for the discriminating buyer that seeks the ultimate location, great view, exclusive use boat slip and so much space! This condo offers 2 large bedrooms, a 1st floor den and 3rd floor loft with full bath. Located in one of the finest North Ocean City Bay Side Waterfront Communities in Town! Time to take a peek at this one, folks, with north facing, open bay views!

Last Agent to Sell the Property

Sheri Smith

(443) 614-2825 sheri@sherismithrealtor.com Keller Williams Realty Delmarva License #RS-0015670 Listed on: 10/10/2019

Keller Williams Realty Delmarva

Last Buyer's Agent

Mary Beth Swidersky

(410) 804-7344 marybeth@BmoreRE.com Cummings & Co. Realtors License #574732

Cummings & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,641

Year Built

  • Built in 1985

Lot Details

  • Home fronts navigable water
  • Home fronts a canal

HOA Fees

  • $462 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,459 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Loft
  • Bay Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Parking Lot
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property near a bay
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Balcony

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 5312A
  • Assessor Parcel Number 10-293758

Community Details

Overview

  • $900 Recreation Fee
  • $770 Capital Contribution Fee
  • Association Phone (410) 524-5781
  • Sanctuary Heron Hrbr Community
  • Heron Harbour Subdivision
  • Property Manager

Amenities

  • Game Room

Recreation

  • Pier or Dock
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,641

Year Built

Built in 1985

Lot Details

0

HOA Fees

$462 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: As shown - seller makes no warrant as to the condition of the personal properly
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Loft
  • Basement: No
  • Total Sq Ft: 1459
  • Living Area Sq Ft: 1459
  • Price Per Sq Ft: 342.63
  • Above Grade Finished Sq Ft: 1459
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • 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

Condo/Co-op/Association

  • HOA Fees: 1385.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Exercise Room, Game Room, Pier/Dock, Pool - Indoor, Pool - Outdoor, Tennis Courts
  • HOA Phone: (410) 524-5781
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 900.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor, In Ground

Fee Information

  • Capital Contribution Fee: 770.00

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5422012
  • Tax Annual Amount: 6641.00
  • Assessor Parcel Number: 10-293758
  • Tax Lot: 5312A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Federal Flood Zone: AE/X

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Jun 4, 2020
Sold by
Truman 2016 Sc6 Md Ml Llc
Bought by
Perry Richard B and Perry Tara M
Seller's Agent
Sheri Smith
Keller Williams Realty Delmarva
Buyer's Agent
Mary Beth Swidersky
Cummings & Co. Realtors
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%
Current Estimated Value
$761,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,252
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
Jan 30, 2020
Sold by
Larosa Carrie J and Larosa Charles A
Bought by
Truman 2016 Sc6 Md Ml Llc

Purchase Details

Closed on
Oct 20, 2005
Sold by
Smith Ronald and Smith Mary
Bought by
Larosa Charles A and Larosa Carrie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
1.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 14, 2005
Sold by
Smith Ronald and Smith Mary
Bought by
Larosa Charles A and Larosa Carrie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
1.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 20, 1990
Sold by
Despard Thomas E and Despard Gay E
Bought by
Smith Ronald and Smith Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,250
Interest Rate
10.02%

Purchase Details

Closed on
Nov 6, 1986
Sold by
Fenwick Development Corporation
Bought by
Despard Thomas E and Despard Gay E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
9.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perry Richard B $500,000 None Available
Truman 2016 Sc6 Md Ml Llc $468,697 None Available
Larosa Charles A $695,000 --
Larosa Charles A $695,000 --
Smith Ronald $199,000 --
Despard Thomas E $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larosa Charles A $532,500
Previous Owner Larosa Charles A $532,500
Previous Owner Smith Ronald $149,250
Previous Owner Despard Thomas E $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2020 06/04/20 Sold $500,000 0.0% $343 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
04/13/2020 04/13/20 Price Changed $499,900 -2.0% $343 / Sq Ft
03/05/2020 03/05/20 Price Changed $509,900 -2.9% $349 / Sq Ft
11/07/2019 11/07/19 Price Changed $525,000 -4.4% $360 / Sq Ft
10/10/2019 10/10/19 For Sale $549,000 -- $376 / 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 $8,327 $609,800 $0 $0
2024 $7,511 $538,300 $0 $0
2023 $6,560 $466,800 $233,400 $233,400
2022 $6,560 $466,800 $233,400 $233,400
2021 $6,596 $466,800 $233,400 $233,400
2020 $6,595 $466,800 $233,400 $233,400
2019 $6,483 $457,100 $0 $0
2018 $6,301 $447,400 $0 $0
2017 $6,214 $437,700 $0 $0
2016 -- $437,700 $0 $0
2015 $5,724 $437,700 $0 $0
2014 $5,724 $437,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO109754

Bright MLS

APN: 10-293758