NOT LISTED FOR SALE

2800 Gull Way Unit A Ocean City, MD 21842

Estimated Value: $463,000 - $510,005

3 Beds
2 Baths
1,120 Sq Ft
$440/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $285,000 $254 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,968/month

Highlights

  • 1 Boat Dock
  • Home fronts navigable water
  • Bay View
  • Ocean City Elementary School Rated A
  • Water Access
  • Deck

About This Home

As of October 2017

MOVE IN READY home right on the water with a boat slip, private dock and no condo fees! Enjoy this spacious townhouse with undated fixtures and in great condition! This 3 bed, 2 bath, 2 story home has a spacious 1,120 sq.ft. of living space including a generous size back deck with a decent size space next to the house for parking and/or boat storage! The deck has been recently refinished. Definitely a must-see!

Last Agent to Sell the Property

Joel Feldman

(941) 979-0271 joelfrealtor@gmail.com Martz and Associates Real Estate LLC Listed on: 09/06/2017

Co-Listed By

Melanie Shoff

(443) 373-8399 melsellsthebeaches@gmail.com Coastal Life Realty Group LLC

Last Buyer's Agent

Kimberly Bounds

(443) 614-7167 kbounds@cbmove.com Coldwell Banker Realty License #581556

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,286

Year Built

  • Built in 1981

Lot Details

  • Home fronts navigable water
  • Cleared Lot

Property Views

  • Bay
  • Canal

Home Design

  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 2 Levels
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Crawl Space
  • Storage In Attic
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Water Access
  • Property near a bay
  • Bulkhead
  • 1 Boat Dock
  • Balcony
  • Deck
  • Storage Shed

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 304A
  • Assessor Parcel Number 210771

Community Details

Overview

  • No Home Owners Association
  • Viewpoint Community

Security

  • Storm Windows
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,286

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Storage: Attic
  • Federal Flood Zone: Yes
  • Year Built: 1981
  • Remarks Public: MOVE IN READY home right on the water with a boat slip, private dock and no condo fees! Enjoy this spacious townhouse with undated fixtures and in great condition! This 3 bed, 2 bath, 2 story home has a spacious 1,120 sq.ft. of living space including a generous size back deck with a decent size space next to the house for parking and/or boat storage! The deck has been recently refinished. Definitely a must-see!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Ceiling Fan(s), Crown Moldings, Upgraded Countertops, Window Treatments
  • Window Features: Storm
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 265.98
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2800

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Roof: Architectural Shingle
  • View: Bay, Canal, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Water Frontage Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 463.50
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: 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
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Bulkheaded, Cleared
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5414709
  • Assessor Parcel Number: 210771
  • Tax Lot: 304A
  • County Tax Payment Frequency: Annually
  • Close Date: 10/20/2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Oct 20, 2017
Sold by
Barth Michael H and Barth Sandra S
Bought by
Dona Natanael and Dona Wendy A
Seller's Agent
Joel Feldman
Martz and Associates Real Estate LLC
Buyer's Agent
Kimberly Bounds
Coldwell Banker Realty
List Price
$297,900
Sold Price
$285,000
Premium/Discount to List
-$12,900
-4.33%
Current Estimated Value
$492,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,501
Avg. Annual Appreciation
7.09%
Original Mortgage
$228,000
Outstanding Balance
$190,495
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$302,006

Purchase Details

Closed on
Jul 9, 1999
Sold by
Ackerman Joseph E
Bought by
Barch Michael H

Purchase Details

Closed on
Sep 15, 1981
Sold by
Auger Ulyssess G and Auger Lula H
Bought by
Ackerman Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
18.22%
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
Dona Natanael $285,000 None Available
Barch Michael H $119,900 --
Ackerman Joseph E $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dona Natanael $228,000
Previous Owner Ackerman Joseph E $57,600
Closed Barch Michael H --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $285,000 -4.3% $254 / Sq Ft
09/17/2017 09/17/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $297,900 -- $266 / 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 $4,286 $342,433 $0 $0
2024 $4,286 $307,167 $0 $0
2023 $3,821 $271,900 $175,000 $96,900
2022 $3,706 $263,700 $0 $0
2021 $3,610 $255,500 $0 $0
2020 $3,494 $247,300 $175,000 $72,300
2019 $3,406 $239,433 $0 $0
2018 $3,261 $231,567 $0 $0
2017 $3,160 $223,700 $0 $0
2016 -- $218,800 $0 $0
2015 $3,676 $213,900 $0 $0
2014 $3,676 $209,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001849706

Bright MLS

APN: 10-210771