NOT LISTED FOR SALE

2601 Sparrow Ln Unit FOOOO2 Ocean City, MD 21842

Estimated Value: $411,000 - $445,000

3 Beds
2.5 Baths
1,200 Sq Ft
$355/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $287,000 $239 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,777/month

Highlights

  • Bay View
  • Coastal Architecture
  • Furnished
  • Ocean City Elementary School Rated A
  • Attic
  • Corner Fireplace

About This Home

As of December 2020

This spacious 2-story Twin (townhouse) has everything you need for easy Beach living and is within walking distance of the Beach and Boardwalk. The Living Room has been upgraded with Laminate wood-plank flooring, has plenty of Seating (with Queen Sleeper) and a gas Fireplace for those chilly Fall nights. The Kitchen is fully equipped with lots of Cabinets, a Built-in Microwave, High efficiency Bosch Dishwasher, Range, Refrigerator, and a Pantry for extra storage. Open the sliders to the fully enclosed with 6 ft. privacy fencing, brick paved exterior entertainment area. Plenty of room for outdoor grilling and dining. The first floor also boasts a Powder Room and Storage Closet with Shelving and a Stack Washer/Dryer. Come up the stairs and find the well-appointed Master Bedroom with a spacious, private Master Bathroom. There are 2 more Bedrooms, along with another Full Bathroom and Linen Closet centrally located in the Hallway. This townhome has lots of Attic space for extra storage and can be accessed with pull-down stairs. You can see the water from your Front Porch, and it is a very short walk to the public overlook where you can walk your dog or relax on one of the benches and enjoy the beautiful Bayfront view. The HVAC system, gas Fireplace, Dishwasher are new within the past year and the Hot Water Heater was replaced In 2017.

Last Agent to Sell the Property

Julie Hall

(240) 380-8754 julie@sellerschoiceoc.com Sellers Choice Real Estate, LLC. License #684701 Listed on: 10/15/2020

Co-Listed By

Wendy Leber

(410) 936-0086 wendy@sellerschoiceoc.com Sellers Choice Real Estate, LLC.

Last Buyer's Agent

Lauren Bunting

(410) 422-9899 lwbunting@comcast.net Keller Williams Realty Delmarva License #581537

Keller Williams Realty Delmarva

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,543

Year Built

  • Built in 2001

Lot Details

  • Privacy Fence
  • Vinyl Fence
  • Back Yard Fenced

HOA Fees

  • $217 Monthly HOA Fees

Property Views

  • Bay
  • Canal

Home Design

  • Semi-Detached or Twin Home
  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Corner Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Attic

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

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

Location

  • Flood Risk

Utilities

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

Community Details

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, reserve funds
  • Oc Real Estate Mgmt Condos, Phone Number (410) 524-5781
  • Mahi Landing Community

Listing and Financial Details

  • Tax Lot F
  • Assessor Parcel Number 10-386950

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,543

Year Built

Built in 2001

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Coastal
  • Ownership: Condominium
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: This spacious 2-story Twin (townhouse) has everything you need for easy Beach living and is within walking distance of the Beach and Boardwalk. The Living Room has been upgraded with Laminate wood-plank flooring, has plenty of Seating (with Queen Sleeper) and a gas Fireplace for those chilly Fall nights. The Kitchen is fully equipped with lots of Cabinets, a Built-in Microwave, High efficiency Bosch Dishwasher, Range, Refrigerator, and a Pantry for extra storage. Open the sliders to the fully enclosed with 6 ft. privacy fencing, brick paved exterior entertainment area. Plenty of room for outdoor grilling and dining. The first floor also boasts a Powder Room and Storage Closet with Shelving and a Stack Washer/Dryer. Come up the stairs and find the well-appointed Master Bedroom with a spacious, private Master Bathroom. There are 2 more Bedrooms, along with another Full Bathroom and Linen Closet centrally located in the Hallway. This townhome has lots of Attic space for extra storage and can be accessed with pull-down stairs. You can see the water from your Front Porch, and it is a very short walk to the public overlook where you can walk your dog or relax on one of the benches and enjoy the beautiful Bayfront view. The HVAC system, gas Fireplace, Dishwasher are new within the past year and the Hot Water Heater was replaced In 2017.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater, Energy Star Dishwasher
  • Interior Amenities: Attic, Combination Kitchen/Dining, Pantry, Ceiling Fan(s)
  • Fireplace Features: Corner, Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 244.92
  • 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
  • Roof: Architectural Shingle
  • View: Bay, Canal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot, On Street

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: 650.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: OC Real Estate Mgmt
  • Condo Co-Op Phone: 410-524-5781
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Vinyl, Rear, Privacy
  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5429179
  • Tax Annual Amount: 2543.00
  • Assessor Parcel Number: 10-386950
  • Tax Lot: F
  • Tax Total Finished Sq Ft: 1200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/07/2020

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

Closed on
Mar 27, 2023
Sold by
Marcus Partnership
Bought by
Msg Development Llc
Current Estimated Value
$426,569

Purchase Details

Listed on
Oct 15, 2020
Closed on
Dec 7, 2020
Sold by
Rund Herbert G and Rund Edwina
Bought by
Msg Development Llc
Seller's Agent
Julie Hall
Sellers Choice Real Estate, LLC.
Buyer's Agent
Lauren Bunting
Keller Williams Realty Delmarva
List Price
$293,900
Sold Price
$287,000
Premium/Discount to List
-$6,900
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$229,600
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 31, 2002
Sold by
Baysinger Susan
Bought by
Rund Rund Herbert G Herbert G and Rund Edwina

Purchase Details

Closed on
Jul 24, 2001
Sold by
Sparrow Lane Llc
Bought by
Baysinger Susan
Source: Public Records

Range of Values:

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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
Msg Development Llc $2,500,000 --
Msg Development Llc $287,000 Resort Land T&E Llc
Rund Rund Herbert G Herbert G $195,000 --
Baysinger Susan $152,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Msg Development Llc $229,600
Closed Rund Rund Herbert G Herbert G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $287,000 -2.3% $239 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $293,900 0.0% $245 / Sq Ft
10/15/2020 10/15/20 For Sale $293,900 -- $245 / 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 $2,543 $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

  • J

    Seller's Agent in 2020

    Julie Hall

    Sellers Choice Real Estate, LLC.

    (240) 380-8754

    16 in this area

    27 Total Sales

    Julie Hall
    Section Image

  • W

    Seller Co-Listing Agent in 2020

    Wendy Leber

    Sellers Choice Real Estate, LLC.

    Section Image
  • Lauren Bunting

    Buyer's Agent in 2020

    Lauren Bunting

    Keller Williams Realty Delmarva

    (410) 422-9899

    70 in this area

    174 Total Sales

    Lauren Bunting
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO117670

Bright MLS

APN: 10-386950

Maryland Worcester County Ocean City 21842

2601 Sparrow Ln Unit FOOOO2, Ocean City, MD

This home is located at 2601 Sparrow Ln Unit FOOOO2, Ocean City, MD 21842 since 15 October 2020 and is currently estimated at $426,569, approximately $355 per square foot. This property was built in 2001. 2601 Sparrow Ln Unit FOOOO2 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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