NOT LISTED FOR SALE

2601 Sparrow Ln Unit JOOOO5 Ocean City, MD 21842

Estimated Value: $405,000 - $443,000

3 Beds
2.5 Baths
1,200 Sq Ft
$352/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $406,000 $338 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,770/month

3 Days on Market

Highlights

  • Central Air
  • Ocean City Elementary School Rated A
  • Heat Pump System

About This Home

As of September 2023

***** OPEN HOUSE, SATURDAY 9/19/23 from 1pm to 3pm ***** Stunning and turnkey furnished end unit townhouse style updated throughout with beautiful improvements! You can see for yourself in the photos how spotless and pristine this condo presents and you will love it even more when you see it in person. Two car tandem assigned parking directly next to the home polish off this great buy. Move right in or plan to keep it in a rental program. The living room and kitchen areas are so spacious that you don't feel cramped. Enjoy the quaint courtyard style patio plus there is a storage shed for your sandy beach toys. Check out the curb appeals of the neighborhood and take in the nearby waterways. Exceptional renovations and ready to go!

Last Agent to Sell the Property

April Love Raimond

(302) 620-3340 april@coastallovegroup.com EXP Realty, LLC Listed on: 08/18/2023

EXP Realty, LLC

Last Buyer's Agent

Kimberly Dixson

kim.dixson@redfin.com Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,537

Year Built

  • Built in 2001

Lot Details

  • 697

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Semi-Detached or Twin Home
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot J
  • Assessor Parcel Number 2410386993

Community Details

Overview

  • Mahi Landing Community

Pet Policy

  • Pets allowed on a case-by-case basis

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
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-08-19
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Stove, Built-In Microwave, Dishwasher, Refrigerator
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 329.17
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2601

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper 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
  • Parking Features: Asphalt Driveway
  • 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: 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: 700.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA: No
  • Senior Community: No

Schools

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

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

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2537.00
  • Assessor Parcel Number: 2410386993
  • Tax Lot: J
  • Tax Total Finished Sq Ft: 1200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/22/2023

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
Aug 18, 2023
Closed on
Sep 19, 2023
Sold by
Prays Daila Melita and Phelan Sean Erich
Bought by
Rodas Bryan and Rodas Brittney
Seller's Agent
April Love Raimond
EXP Realty, LLC
Buyer's Agent
Kimberly Dixson
Coldwell Banker Realty
List Price
$395,000
Sold Price
$406,000
Premium/Discount to List
$11,000
2.78%
Views
9
Current Estimated Value
$422,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,181
Avg. Annual Appreciation
1.92%

Purchase Details

Closed on
Feb 18, 2022
Sold by
Sparrow Lane Llc
Bought by
Prays Daila Melita and Prays Sean Erich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2013
Sold by
Collevecchio Alexander A
Bought by
Wadel Jodi and Wadel Dwight

Purchase Details

Closed on
Nov 12, 2012
Sold by
Collevecchio Carolyn G
Bought by
Collevecchio Alexander A

Purchase Details

Closed on
Mar 3, 2008
Sold by
Tewey John J and Tewey Julie L
Bought by
Collevecchio Collevecchio Alexander A Alexander A and Collevecchio Carolyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,320
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2008
Sold by
Tewey John J and Tewey Julie L
Bought by
Collevecchio Collevecchio Alexander A Alexander A and Collevecchio Carolyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,320
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2001
Sold by
Sparrow Lane Llc
Bought by
Tewey John J and Tewey Julie L
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
Rodas Bryan $406,000 None Listed On Document
Prays Daila Melita $350,000 None Listed On Document
Wadel Jodi $178,000 Resort Land Title & Escrow L
Collevecchio Alexander A -- None Available
Collevecchio Collevecchio Alexander A Alexander A $297,900 --
Collevecchio Collevecchio Alexander A Alexander A $297,900 --
Tewey John J $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prays Daila Melita $262,500
Previous Owner Collevecchio Collevecchio Alexander A Alexander A $238,320
Previous Owner Collevecchio Collevecchio Alexander A Alexander A $238,320
Closed Tewey John J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $406,000 +2.8% $338 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $395,000 -- $329 / 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

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Map

Source: Bright MLS

MLS Number: MDWO2015780

Bright MLS

APN: 10-386993