NOT LISTED FOR SALE

2701 Sparrow Ln Unit 16 Ocean City, MD 21842

Estimated Value: $218,000 - $266,000

1 Bed
1 Bath
672 Sq Ft
$100/mo HOA Fee

Last Sold August 18, 2017

Last sale price $119,000 $177 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,529/month

Highlights

  • Private Pool
  • Main Floor Bedroom
  • Balcony
  • Ocean City Elementary School Rated A
  • Furnished
  • 3-minute walk to Robin Park

About This Home

As of August 2017

What a perfect beach house! Walk to the beach and Boardwalk from this beautiful fully furnished 1 bedroom and 1 bath condo. This end unit condo has been freshly painted, has tile floor through out, new furnishings, new hot water heater and a new outdoor pool and plenty of outside green space for your enjoyment. Put this on your must see list!

Last Agent to Sell the Property

Michele Pompa

(443) 497-1313 mpompa@cbmove.com Coldwell Banker Realty License #504925 Listed on: 06/19/2017

Coldwell Banker Realty

Last Buyer's Agent

Michele Pompa

(443) 497-1313 mpompa@cbmove.com Coldwell Banker Realty License #504925 Listed on: 06/19/2017

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,196

Year Built

  • Built in 1967

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Entry on the 16th floor
  • Slab Foundation
  • Frame Construction
  • Built-Up Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 672 Sq Ft Home
  • Furnished
  • Window Treatments
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Pool

  • Private Pool
  • Poolside Lot

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Balcony
  • Cleared Lot
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 16
  • Assessor Parcel Number 048710

Community Details

Overview

  • Low-Rise Condominium
  • Bay Colony Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,196

Year Built

Built in 1967

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: personal items
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1967
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Entry Floor: 16
  • Interior Amenities: Entry Level Bedroom, Window Treatments
  • Foundation Details: Slab
  • Living Area Units: Square Feet
  • Total Sq Ft: 672
  • Living Area Sq Ft: 672
  • Price Per Sq Ft: 181.55
  • Above Grade Finished Sq Ft: 672
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Roof: Built-Up
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Off Street, Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1200.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared, Poolside
  • Outdoor Living Structures: Balcony
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 048710
  • Tax Lot: 16
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Aug 18, 2017
Sold by
Dallatezza Vanessa
Bought by
Dawson David Lee and Dawson Pauline Roberta
Seller's Agent
Michele Pompa
Coldwell Banker Realty
Buyer's Agent
Michele Pompa
Coldwell Banker Realty
List Price
$122,000
Sold Price
$119,000
Premium/Discount to List
-$3,000
-2.46%
Current Estimated Value
$237,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,678
Avg. Annual Appreciation
8.80%
Original Mortgage
$95,200
Outstanding Balance
$78,431
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$159,247

Purchase Details

Closed on
Oct 26, 2004
Sold by
Nolan Christine M
Bought by
Vanessa Dallatezza

Purchase Details

Closed on
Aug 19, 2003
Sold by
Leszcz How Madalaine
Bought by
Nolan Christine M

Purchase Details

Closed on
Dec 31, 2002
Sold by
Wayne Zlotorzynski
Bought by
Leszcz How Madalaine

Purchase Details

Closed on
Mar 18, 1997
Sold by
Folks Boyd E and Folks Lenora R
Bought by
Wayne Zlotorzynski
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
Dawson David Lee $119,000 None Available
Vanessa Dallatezza $148,900 --
Nolan Christine M $124,900 --
Leszcz How Madalaine $90,000 --
Wayne Zlotorzynski $46,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dawson David Lee $95,200
Closed Leszcz How Madalaine --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2017 08/18/17 Sold $119,000 -2.5% $177 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $122,000 -- $182 / 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 $2,196 $160,800 $0 $0
2024 $1,909 $136,800 $0 $0
2023 $1,585 $112,800 $56,400 $56,400
2022 $1,585 $112,800 $56,400 $56,400
2021 $1,594 $112,800 $56,400 $56,400
2020 $1,594 $112,800 $56,400 $56,400
2019 $1,535 $107,900 $0 $0
2018 $1,451 $103,000 $0 $0
2017 $1,386 $98,100 $0 $0
2016 -- $98,100 $0 $0
2015 $1,532 $98,100 $0 $0
2014 $1,532 $104,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michele Pompa

    Seller's Agent in 2017

    Michele Pompa

    Coldwell Banker Realty

    (443) 497-1313

    51 in this area

    89 Total Sales

    Michele Pompa
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000516008

Bright MLS

APN: 10-048710

Maryland Worcester County Ocean City 21842

2701 Sparrow Ln Unit 16, Ocean City, MD

This home is located at 2701 Sparrow Ln Unit 16, Ocean City, MD 21842 since 19 June 2017 and is currently estimated at $237,678, approximately $353 per square foot. This property was built in 1967. 2701 Sparrow Ln Unit 16 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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