NOT LISTED FOR SALE

2604 Sparrow Ln Ocean City, MD 21842

Estimated Value: $565,538 - $835,000

-- Bed
3 Baths
2,045 Sq Ft
$329/Sq Ft Est. Value

Last Sold January 30, 2013

Last sale price $250,000 $122 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $3,952/month

Highlights

  • A-Frame Home
  • No HOA
  • 3-minute walk to Robin Park
  • Ocean City Elementary School Rated A

About This Home

As of January 2013

3 Units, A, B, & C.Priced to sell.$30,000 rental income.

Last Agent to Sell the Property

Barton Sink

(443) 995-2865 barton@ryanhaley.com At The Beach Real Estate License #6442 Listed on: 09/29/2010

Last Buyer's Agent

Geraldine Justis

jjustis@cbmove.com Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,132

Year Built

  • Built in 1930

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Cleared Lot

Home Design

  • A-Frame Home
  • Block Foundation
  • Cedar

Interior Spaces

  • 2,045 Sq Ft Home
  • Screen For Fireplace
  • Window Treatments

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for cable TV, electricity, insurance, lawn/shrub care, repairs, sewer, real estate taxes, water
  • Tax Lot 9
  • Assessor Parcel Number 47447

Community Details

Overview

  • No Home Owners Association
  • 2-Story Building

Building Details

  • Operating Expense $38,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,132

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: A-Frame
  • New Construction: No
  • Year Built: 1930
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Window Treatments
  • Fireplace Features: Screen
  • Foundation Details: Block
  • Total Sq Ft: 2045
  • Net Sq Ft: 2045.00

Exterior Features

  • Construction Materials: Cedar
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.14
  • Lot Dimensions: 60X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Zoning: R-2
  • Zoning Description: R
  • In City Limits: Yes

Rental Info

  • Owner Pays: Cable Tv, Electricity, Insurance, Lawn/Shrub Care, Repairs, Sewer, Taxes - Real Estate, Water
  • Tenant Pays: Cable Tv
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5401053
  • Assessor Parcel Number: 47447
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Close Date: 01/30/2013

Multi Family

  • Operating Expense: 38000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2016
Sold by
Triplett Gordon B and Triplett Julia R
Bought by
Maridel Properties Llc
Current Estimated Value
$671,885

Purchase Details

Listed on
Sep 29, 2010
Closed on
Jan 30, 2013
Sold by
Taraila Walter D and Taraila Karen M
Bought by
Triplett Gordon B and Triplett Julia R
Seller's Agent
Barton Sink
At The Beach Real Estate
Buyer's Agent
Geraldine Justis
Coldwell Banker Realty
List Price
$299,900
Sold Price
$250,000
Premium/Discount to List
-$49,900
-16.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$187,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Mcclure Brooke S
Bought by
Taraila Walter D and Taraila Karen M

Purchase Details

Closed on
Jul 15, 2003
Sold by
Sherwood William
Bought by
Mcclure Brooke S

Purchase Details

Closed on
Jun 28, 2001
Sold by
Chandler Melvin C Jr
Bought by
Sherwood William

Purchase Details

Closed on
Sep 28, 1999
Sold by
Rhines Christopher S
Bought by
Chandler Melvin C Jr and Getsinger Thomas C
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
Maridel Properties Llc -- None Available
Triplett Gordon B $250,000 Resort Land Title & Escrow L
Taraila Walter D $350,000 --
Mcclure Brooke S $338,000 --
Sherwood William $215,000 --
Chandler Melvin C Jr $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Triplett Gordon B $187,500
Closed Mcclure Brooke S --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2013 01/30/13 Sold $250,000 -16.6% $122 / Sq Ft
12/11/2012 12/11/12 Pending -- -- --
09/29/2010 09/29/10 For Sale $299,900 -- $147 / 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 $5,132 $375,800 $0 $0
2024 $4,675 $335,000 $0 $0
2023 $4,135 $294,200 $216,700 $77,500
2022 $4,122 $293,333 $0 $0
2021 $4,133 $292,467 $0 $0
2020 $4,120 $291,600 $216,700 $74,900
2019 $3,891 $273,533 $0 $0
2018 $3,598 $255,467 $0 $0
2017 $3,354 $237,400 $0 $0
2016 -- $229,733 $0 $0
2015 $3,044 $222,067 $0 $0
2014 $3,044 $214,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barton Sink

    Seller's Agent in 2013

    Barton Sink

    At The Beach Real Estate

    (443) 995-2865

    46 in this area

    107 Total Sales

    Barton Sink
    Section Image

  • G

    Buyer's Agent in 2013

    Geraldine Justis

    Coldwell Banker Realty

    Section Image
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Map

Source: Bright MLS

MLS Number: 1000792456

Bright MLS

APN: 10-047447

Maryland Worcester County Ocean City 21842

2604 Sparrow Ln, Ocean City, MD

This home is located at 2604 Sparrow Ln, Ocean City, MD 21842 since 29 September 2010 and is currently estimated at $671,885, approximately $328 per square foot. This property was built in 1930. 2604 Sparrow Ln 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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