NOT LISTED FOR SALE

2701 Sparrow Ln Unit 3 Ocean City, MD 21842

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

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

Last Sold October 26, 2018

Last sale price $128,500 $191 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,485/month

Highlights

  • Main Floor Bedroom
  • Upgraded Countertops
  • Patio
  • Ocean City Elementary School Rated A
  • Community Pool
  • 3-minute walk to Robin Park

About This Home

As of October 2018

Location, Location, LOCATION!! This totally renovated 1 bed, 1 bath condo offers proximity to water, great restaurants, night life and shopping! Also, just a few blocks to the beach! New kitchen with granite countertops, tile flooring throughout and an updated bathroom. Great patio to relax and unwind on. Condo fees include the use of the all new pool!

Last Agent to Sell the Property

Kevin Decker

(443) 235-6552 kevin@kevindeckeroc.com Coastal Life Realty Group LLC License #532548 Listed on: 08/23/2018

Last Buyer's Agent

Steven Diaz

(410) 245-1089 steven@ryanhaley.com Atlantic Shores Sotheby's International Realty

Atlantic Shores Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,454

Year Built

  • Built in 1967

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Built-Up Roof
  • Stick Built Home
  • Masonry

Interior Spaces

  • 672 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Living Room

Kitchen

  • Electric Oven or Range
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Private Parking
  • Off-Street Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Patio
  • Property is in very good condition
  • Flood Risk

Listing and Financial Details

  • Tax Lot 5591
  • Assessor Parcel Number 10-048753

Community Details

Overview

  • Association fees include common area maintenance, pool(s), insurance, water
  • Low-Rise Condominium
  • Bay Colony Condo Association Condos, Phone Number (484) 955-1479
  • Bay Colony Community

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,454

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: Furniture and personal items, photos. Contents of closets and cabinets
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1967
  • Remarks Public: Location, Location, LOCATION!! This totally renovated 1 bed, 1 bath condo offers proximity to water, great restaurants, night life and shopping! Also, just a few blocks to the beach! New kitchen with granite countertops, tile flooring throughout and an updated bathroom. Great patio to relax and unwind on. Condo fees include the use of the all new pool!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dryer, Oven/Range - Electric, Washer
  • Entry Floor: 1
  • Interior Amenities: Entry Level Bedroom, Upgraded Countertops, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Kitchen
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 672
  • Living Area Sq Ft: 672
  • Price Per Sq Ft: 200.74
  • Above Grade Finished Sq Ft: 672
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2701

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Masonry, Stick Built
  • Roof: Built-Up
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Private
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • 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
  • Condo Co-Op Name: Bay Colony Condo Association
  • Condo Co-Op Phone: 484-955-1479
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Insurance, Water
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Soil Types: Sandy
  • Year Assessed: 2018
  • Zoning: R-2
  • Zoning Description: R - 2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5401162
  • Tax Annual Amount: 1454.00
  • Assessor Parcel Number: 10-048753
  • Tax Lot: 5591
  • Tax Page Number: 423
  • Tax Total Finished Sq Ft: 672
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/26/2018

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 23, 2018
Closed on
Oct 25, 2018
Sold by
Hein Jess M
Bought by
Everton Alvin D and Everton Lorraine M
Seller's Agent
Kevin Decker
Coastal Life Realty Group LLC
Buyer's Agent
Steven Diaz
Atlantic Shores Sotheby's International Realty
List Price
$134,900
Sold Price
$128,500
Premium/Discount to List
-$6,400
-4.74%
Current Estimated Value
$238,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,949
Avg. Annual Appreciation
9.22%
Original Mortgage
$102,800
Outstanding Balance
$90,020
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$148,429
Source: Public Records

Range of Values:

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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
Everton Alvin D $128,500 Maryland Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Everton Alvin D $102,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2018 10/26/18 Sold $128,500 -4.7% $191 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $134,900 -- $201 / 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 $1,622 $160,800 $0 $0
2024 $1,615 $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 $1,393 $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

  • Kevin Decker

    Seller's Agent in 2018

    Kevin Decker

    Coastal Life Realty Group LLC

    (443) 235-6552

    127 in this area

    309 Total Sales

    Kevin Decker
    Section Image
  • Steven Diaz

    Buyer's Agent in 2018

    Steven Diaz

    Atlantic Shores Sotheby's International Realty

    (410) 245-1089

    15 in this area

    60 Total Sales

    Steven Diaz
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002244522

Bright MLS

APN: 10-048753

Maryland Worcester County Ocean City 21842

2701 Sparrow Ln Unit 3, Ocean City, MD

This home is located at 2701 Sparrow Ln Unit 3, Ocean City, MD 21842 since 23 August 2018 and is currently estimated at $238,449, approximately $354 per square foot. This property was built in 1967. 2701 Sparrow Ln Unit 3 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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