NOT LISTED FOR SALE

2601 Sparrow Ln Unit BOOOO4 Ocean City, MD 21842

Estimated Value: $401,000 - $558,000

3 Beds
2.5 Baths
1,200 Sq Ft
$375/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $390,000 $325 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,918/month

56 Days on Market

Highlights

  • Traditional Architecture
  • Ocean City Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of January 2024

Welcome to your new beachside sanctuary! This expansive 2-story duplex/townhome is poised for you to make it your own, where all you have to do is unpack and relish in the coastal lifestyle. Impeccably maintained and fully furnished, this home has everything you need to embrace the beach living experience.

Only four short blocks separate you from the pristine shores and the peaceful end of the boardwalk. As you step inside, you'll be greeted by the inviting, high-quality vinyl wood plank flooring on the main level, which offers a softer and more scratch-resistant alternative to laminates – a perfect solution for hassle-free cleanups after sandy beach adventures.

The light-filled living room provides ample space for relaxation or hosting gatherings around the cozy gas fireplace. The fully equipped kitchen boasts abundant cabinets, a built-in microwave, a brand-new refrigerator, and a pantry for additional storage. From the kitchen, sliding doors lead to your own private oasis, enclosed by a 6-ft vinyl fence and adorned with a beautiful paver patio – a perfect spot for outdoor enjoyment.

Convenience is key with a powder room and a storage/laundry closet located just off the kitchen. Moving to the upper level, you'll discover a spacious primary bedroom with its private full bathroom. Two additional bedrooms offer plenty of room for family or guests, and another full bathroom along with a linen closet complete the upper level. Easy access to a capacious storage area is granted through pull-down stairs in the attic.

Parking is a breeze, with ample street parking directly in front of the property and two reserved spaces in the private parking lot at the rear of the home. Just a stone's throw away, you'll find a public overlook with inviting benches, ideal for taking in serene bay views.

Whether you're in the mood for shopping, dining, miniature golf, amusement parks, or water parks, everything is just a few minutes away. Alternatively, unwind in the privacy of your fully fenced backyard. For a livelier experience, take a boardwalk tram and explore the vibrant boardwalk attractions, games, and rides – all without ever needing to use your car.

Your new beachside abode offers the perfect blend of comfort, convenience, and coastal charm. Don't miss out on this incredible opportunity to make it your own!

Last Agent to Sell the Property

Troy Yates

(240) 367-2280 YatesEstatesHomes@gmail.com LPT Realty, LLC License #5012493 Listed on: 10/03/2023

LPT Realty, LLC

Last Buyer's Agent

Kim Lally

(443) 799-0036 kim@hghomegroup.com EXP Realty, LLC License #RS-0037405

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,537

Year Built

  • Built in 2001

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Location

  • Flood Risk

Schools

  • Stephen Decatur High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 2410386918

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, water, reserve funds, lawn maintenance, management, insurance
  • Mahi Landing Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,537

Year Built

Built in 2001

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-10-05
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 341.67
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2601

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 700.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Water, Reserve Funds, Lawn Maintenance, Management, Insurance
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • High School: STEPHEN DECATUR
  • High School Source: 3rd Party
  • School District Key: 121138066543
  • School District Source: 3rd Party
  • High School: STEPHEN DECATUR

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2537.00
  • Assessor Parcel Number: 2410386918
  • Tax Lot: B
  • Tax Total Finished Sq Ft: 1200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/03/2024

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 3, 2023
Closed on
Jan 3, 2024
Sold by
Barrick Chad
Bought by
Lally Dean R and Duchelle Rosanna
Seller's Agent
Troy Yates
LPT Realty, LLC
Buyer's Agent
Kim Lally
EXP Realty, LLC
List Price
$450,000
Sold Price
$390,000
Premium/Discount to List
-$60,000
-13.33%
Views
255
Current Estimated Value
$450,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,350
Avg. Annual Appreciation
8.27%
Original Mortgage
$292,500
Outstanding Balance
$287,637
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$162,713

Purchase Details

Closed on
Feb 1, 2022
Sold by
Bielecki Joint Revocable Trust
Bought by
Barrick Chad

Purchase Details

Closed on
Oct 4, 2021
Sold by
Bielecki Edward A and Bielecki Patricia
Bought by
Solomich Linda Mary and Bielecki Joint Revocable Trust

Purchase Details

Closed on
May 31, 2001
Sold by
Sparrow Lane Llc
Bought by
Bielecki Edward A and Bielecki Patricia
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lally Dean R $390,000 Lawyers Express Title
Lally Dean R $390,000 Lawyers Express Title
Barrick Chad $352,000 First American Title
Solomich Linda Mary -- None Available
Bielecki Edward A $142,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lally Dean R $292,500
Closed Lally Dean R $292,500
Closed Bielecki Edward A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2024 01/03/24 Sold $390,000 -4.9% $325 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/06/2023 11/06/23 Price Changed $410,000 -3.5% $342 / Sq Ft
10/19/2023 10/19/23 Price Changed $425,000 -5.6% $354 / Sq Ft
10/03/2023 10/03/23 For Sale $450,000 -- $375 / 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 $3,878 $284,000 $0 $0
2024 $3,237 $232,000 $0 $0
2023 $2,530 $180,000 $90,000 $90,000
2022 $2,530 $180,000 $90,000 $90,000
2021 $2,544 $180,000 $90,000 $90,000
2020 $2,553 $180,000 $90,000 $90,000
2019 $2,561 $180,000 $90,000 $90,000
2018 $2,535 $180,000 $90,000 $90,000
2017 $2,555 $180,000 $0 $0
2016 -- $180,000 $0 $0
2015 $2,995 $180,000 $0 $0
2014 $2,995 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2016696

Bright MLS

APN: 10-386918