NOT LISTED FOR SALE

232 Oyster Cove Dr Unit 3-B Grasonville, MD 21638

Kent Narrows Neighborhood

Estimated Value: $565,769 - $603,000

2 Beds
2 Baths
1,350 Sq Ft
$400/mo HOA Fee

Last Sold May 06, 2015

Last sale price $370,000 $274 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,814/month

Highlights

  • Marina
  • 1 Dock Slip
  • Pier or Dock
  • Grasonville Elementary School Rated A-
  • Water Views
  • Home fronts navigable water

About This Home

As of May 2015

Beautiful Sought After 2 bedroom 2 bath Villa on Top Floor (Elevator Bldg)! Watch the SUNSETS go down over the Narrows waterway! New carpet, updated kitchen, newer heating & a/c unit, wood burning fireplace! Community offers Pool, Tennis, Jogging Path, Clubhouse. Walk to restaurants & tiki bars. Slip was NOT INCLUDED in sale.

Last Agent to Sell the Property

Lori Woods-Fortney

(410) 808-1469 lorifortney@icloud.com Berkshire Hathaway HomeServices Homesale Realty License #320689 Listed on: 04/07/2013

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Cindy Blevins

(410) 693-9559 cindy.blevins@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,028

Year Built

  • Built in 1987

Lot Details

  • Home fronts navigable water
  • Home fronts a canal
  • West Facing Home
  • Property is in very good condition

HOA Fees

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Piling Construction
  • Cedar

Interior Spaces

  • 1,350 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Fireplace Mantel
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Water Views
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • Handicap Parking
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Access
  • Property is near a canal
  • 1 Dock Slip
  • Private Dock Site
  • Dock made with Treated Lumber
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3B
  • Assessor Parcel Number 1805036585

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash, security gate
  • Low-Rise Condominium
  • Oyster Cove Subdivision, Top Floor Villa Floorplan
  • Oyster Cove Community
  • The community has rules related to building or community restrictions, commercial vehicles not allowed, covenants, renting

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Pier or Dock
  • Marina
  • Tennis Courts
  • Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Size Limit

Security

  • Gated Community
  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,028

Year Built

Built in 1987

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1987
  • Remarks Public: Beautiful Sought After 2 bedroom 2 bath Villa on Top Floor (Elevator Bldg)! Watch the SUNSETS go down over the Narrows waterway! New carpet, updated kitchen, newer heating & a/c unit, wood burning fireplace! Community offers Pool, Tennis, Jogging Path, Clubhouse. Walk to restaurants & tiki bars. Slip was NOT INCLUDED in sale.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stove, Washer
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Built-Ins, Primary Bath(s), Window Treatments, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Screens, Storm
  • Fireplace Features: Equipment, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Entry Location: Top Floor
  • Foundation Details: Pilings
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Foyer, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1350
  • Living Area Sq Ft: 1350
  • Price Per Sq Ft: 288.89
  • Above Grade Finished Sq Ft: 1350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 232

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
  • Construction Materials: Cedar
  • Dock Type: Single Slip
  • Construction Completed: No
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Name: WELLS COVE
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Handicap Parking, Unassigned

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Dsl Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 180.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 219.95
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bike Trail, Club House, Common Grounds, Elevator, Gated Community, Jog/Walk Path, Marina/Marina Club, Picnic Area, Pier/Dock, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash, Security Gate
  • HOA Condo Co-Op Management Type: Owner/Self-Management, Professional - Off-Site
  • HOA Condo Co-Op Rules: Building Restrictions, Commercial Vehicles Prohibited, Covenants, Pets - Allowed, Pets - Size Restrict, Renting, Restrictions
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 225000.00
  • Land Assessed Value: 125000.00
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: WVC

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4028.22
  • Assessor Parcel Number: 1805036585
  • Tax Lot: 3B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 05/06/2015

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 4
  • Metering: Fully Separate
  • Waterfront Features: Private Dock Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2019
Sold by
Celino Richard A
Bought by
Ceilino Anthony M and The Richard A Celino Irrevocab
Current Estimated Value
$582,942

Purchase Details

Listed on
Apr 7, 2013
Closed on
May 6, 2015
Sold by
Corell Robert W
Bought by
Celino Richard A
Seller's Agent
Lori Woods-Fortney
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Cindy Blevins
Coldwell Banker Realty
List Price
$390,000
Sold Price
$370,000
Premium/Discount to List
-$20,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$250,000
Outstanding Balance
$92,888
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$490,054

Purchase Details

Closed on
Jun 30, 2003
Sold by
Lord Paul J and Lord Joylne
Bought by
Corell Robert W

Purchase Details

Closed on
Sep 7, 1993
Sold by
Hasse T M
Bought by
Lord Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.11%

Purchase Details

Closed on
Dec 17, 1986
Sold by
Oyster Cove Ltd Partnership
Bought by
Hasse Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.35%
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
Ceilino Anthony M -- None Available
Celino Richard A $370,000 Title Resource Guaranty Co
Corell Robert W $390,000 --
Lord Paul J $182,000 --
Hasse Thomas M $173,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Celino Richard A $250,000
Previous Owner Lord Paul J $140,000
Previous Owner Hasse Thomas M $100,000
Closed Corell Robert W --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2015 05/06/15 Sold $370,000 -5.1% $274 / Sq Ft
03/28/2015 03/28/15 Pending -- -- --
12/31/2014 12/31/14 For Sale $390,000 +5.4% $289 / Sq Ft
12/31/2014 12/31/14 Off Market $370,000 -- --
04/07/2013 04/07/13 For Sale $390,000 -- $289 / 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 $4,286 $463,333 $0 $0
2024 $4,239 $450,000 $225,000 $225,000
2023 $3,878 $411,667 $0 $0
2022 $3,517 $373,333 $0 $0
2021 $0 $335,000 $150,000 $185,000
2020 $3,213 $335,000 $150,000 $185,000
2019 $3,213 $335,000 $150,000 $185,000
2018 $3,371 $351,500 $126,500 $225,000
2017 $3,362 $351,000 $0 $0
2016 -- $350,500 $0 $0
2015 $4,028 $350,000 $0 $0
2014 $4,028 $350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003433598

Bright MLS

APN: 05-036585