Seller's Agent in 2021
Nancy Reither
Coldwell Banker Realty
(410) 603-5050
175 in this area
285 Total Sales
2701 Gull Way Unit 3 Ocean City, MD 21842
Estimated Value: $258,000 - $372,000
2
Beds
2
Baths
737
Sq Ft
$187/mo
HOA Fee
About This Home
As of May 2021Desirable 1st floor 2BR/2BA condo just listed. If you are looking for an affordable place at the beach close to all the major attractions Ocean City has to offer look no further! This lovely condo has an open floor plan and nice dining area. The kitchen will be sure to delight the chef in your family. The master has a full bath, there is a second full bath, and the second bedroom is very spacious. The beach, boardwalk, Jolly Roger amusements and restaurants are all close by. Make memories that will last a lifetime. Offered at $174,900.
Last Agent to Sell the Property
(410) 603-5050 nreither@cbmove.com Coldwell Banker Realty Listed on: 03/13/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,666
Year Built
- Built in 1984
Lot Details
- 305
HOA Fees
- $187 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Brick Exterior Construction
Interior Spaces
- 737 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
Location
- Flood Risk
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Community Details
- Low-Rise Condominium
- Oc Management Condos
- Kristy Community
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 10-252164
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2021
Closed on
May 20, 2021
Sold by
Bandell Elizabeth M
Bought by
Schwartz Rodney B
Seller's Agent
Nancy Reither
Coldwell Banker Realty
Buyer's Agent
Anita Pastan
Century 21 Redwood Realty
List Price
$174,900
Sold Price
$170,000
Premium/Discount to List
-$4,900
-2.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,084
Avg. Annual Appreciation
14.52%
Original Mortgage
$100,000
Outstanding Balance
$90,340
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$218,744
Purchase Details
Closed on
Dec 13, 2000
Sold by
Uhl Robert and Uhl Marlene E
Bought by
Bandell Elizabeth M
Purchase Details
Closed on
Oct 5, 1990
Sold by
Brown Lester E and Nancy Mccarson
Bought by
Uhl Robert and Uhl Marlene E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
10.08%
Purchase Details
Closed on
Jul 11, 1985
Sold by
Atlantic Coast Ventures Inc
Bought by
Brown Lester E and Nancy Mccarson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,900
Interest Rate
12.13%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schwartz Rodney B | $170,000 | Jacquis Title Group | |
| Bandell Elizabeth M | $64,000 | -- | |
| Uhl Robert | $50,000 | -- | |
| Brown Lester E | $59,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schwartz Rodney B | $100,000 | |
| Previous Owner | Uhl Robert | $37,500 | |
| Previous Owner | Brown Lester E | $53,900 | |
| Closed | Bandell Elizabeth M | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/20/2021 05/20/21 | Sold | $170,000 | -2.8% | $231 / Sq Ft |
| 03/28/2021 03/28/21 | Pending | -- | -- | -- |
| 03/13/2021 03/13/21 | For Sale | $174,900 | -- | $237 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,954 | $162,100 | $0 | $0 |
| 2024 | $1,954 | $140,000 | $0 | $0 |
| 2023 | $1,657 | $117,900 | $58,900 | $59,000 |
| 2022 | $1,657 | $117,900 | $58,900 | $59,000 |
| 2021 | $1,666 | $117,900 | $58,900 | $59,000 |
| 2020 | $1,666 | $117,900 | $58,900 | $59,000 |
| 2019 | $1,677 | $117,900 | $58,900 | $59,000 |
| 2018 | $1,661 | $117,900 | $58,900 | $59,000 |
| 2017 | $1,688 | $118,900 | $0 | $0 |
| 2016 | $1,771 | $118,900 | $0 | $0 |
| 2015 | $1,771 | $118,900 | $0 | $0 |
| 2014 | $1,771 | $118,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Reither
-
Anita Pastan
Buyer's Agent in 2021
Anita Pastan
Century 21 Redwood Realty
(301) 254-3790
2 in this area
18 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO120744
APN: 10-252164
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