NOT LISTED FOR SALE

2804 Gull Way Unit A Ocean City, MD 21842

Estimated Value: $433,000 - $546,000

2 Beds
1.5 Baths
1,120 Sq Ft
$432/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $290,000 $259 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,918/month

Highlights

  • Primary bedroom faces the bay
  • 2 Dock Slips
  • Access to Tidal Water
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Eat-In Gourmet Kitchen

About This Home

As of December 2018

Price Reduction! REMODELED 2 bedroom Townhome on a canal with 2 boat slips. This home offers custom kitchen and baths. Sit under the private covered gazebo with pull down shades , loads of under deck storage, shed. Brand new Roof (Summer 2018), beautiful custom shutters, Move in ready.

Last Agent to Sell the Property

Kimberley Collins

(443) 333-6310 kim.collins@theoldfathergroup.com Compass License #532644 Listed on: 10/03/2018

Compass

Last Buyer's Agent

Bonnie Brown

(410) 520-2600 bonnieinoc@gmail.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #91468

Berkshire Hathaway HomeServices PenFed Realty-WOC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,229

Year Built

  • Built in 1981

Lot Details

  • Home fronts navigable water
  • Property is in very good condition

Home Design

  • Entry on the 1st floor
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Combination Kitchen and Living
  • Canal Views
  • Stacked Electric Washer and Dryer
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Electric Oven or Range
  • Cooktop
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom faces the bay

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Physical Dock Slip Conveys
  • 2 Dock Slips
  • Deck
  • Exterior Lighting
  • Gazebo
  • Shed
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Baseboard Heating
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Viewpoint Community

Listing and Financial Details

  • Assessor Parcel Number 202973

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,229

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: master bedroom furniture and bedding, contents in shed, outdoor furniture and storage units, exclude all kitchen items except large appliances ( refer to inventory sheet) grill on deck
  • Historic: No
  • Home Warranty: No
  • Inclusions: all window treatments, appliances, some furniture (refer to inventory sheet)
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1981
  • Remarks Public: Price Reduction! REMODELED 2 bedroom Townhome on a canal with 2 boat slips. This home offers custom kitchen and baths. Sit under the private covered gazebo with pull down shades , loads of under deck storage, shed. Brand new Roof (Summer 2018), beautiful custom shutters, Move in ready.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Freezer, Icemaker, Instant Hot Water, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater, Exhaust Fan
  • Entry Floor: 1
  • Flooring Type: Laminated
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Carpet, Attic, Window Treatments, Upgraded Countertops, Recessed Lighting, Primary Bedroom - Bay Front, Kitchen - Gourmet, Kitchen - Eat-In, Combination Kitchen/Living
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 267.77
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2804

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Gazebo, Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Bbq Grill, Exterior Lighting
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: BERLIN
  • 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: BERLIN

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R2
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5414027
  • Tax Annual Amount: 3228.74
  • Assessor Parcel Number: 202973
  • Tax Year: 2018
  • Close Date: 12/14/2018

Multi Family

  • Mean Low Water Feet: 3

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Dec 14, 2018
Sold by
Ratlief Roy W and Ratlief Sharon G
Bought by
Higgins Shawn F
Seller's Agent
Kimberley Collins
Compass
Buyer's Agent
Bonnie Brown
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%
Current Estimated Value
$484,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,279
Avg. Annual Appreciation
7.78%
Original Mortgage
$217,500
Outstanding Balance
$192,005
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$292,274

Purchase Details

Closed on
Jan 16, 2007
Sold by
Stansfield Robert L
Bought by
Ratlief Roy W and Ratlief Sharon

Purchase Details

Closed on
Jan 4, 2007
Sold by
Stansfield Robert L
Bought by
Ratlief Roy W and Ratlief Sharon

Purchase Details

Closed on
Sep 27, 1989
Sold by
Battista John F and Jo Anne
Bought by
Nadalin David D and Nadalin Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,250
Interest Rate
10.03%
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
Higgins Shawn F $290,000 Capitol Title Ins Agency
Ratlief Roy W $250,000 --
Ratlief Roy W $250,000 --
Nadalin David D $84,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Shawn F $217,500
Previous Owner Nadalin David D $67,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $290,000 -3.3% $259 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $299,900 -7.7% $268 / Sq Ft
10/03/2018 10/03/18 For Sale $325,000 -- $290 / 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 $4,212 $335,667 $0 $0
2024 $4,212 $301,833 $0 $0
2023 $3,766 $268,000 $175,000 $93,000
2022 $3,655 $260,100 $0 $0
2021 $3,564 $252,200 $0 $0
2020 $3,452 $244,300 $175,000 $69,300
2019 $3,354 $236,433 $0 $0
2018 $3,219 $228,567 $0 $0
2017 $3,067 $220,700 $0 $0
2016 -- $216,000 $0 $0
2015 $3,638 $211,300 $0 $0
2014 $3,638 $206,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberley Collins

    Seller's Agent in 2018

    Kimberley Collins

    Compass

    (443) 333-6310

    25 in this area

    39 Total Sales

    Kimberley Collins
    Section Image

  • B

    Buyer's Agent in 2018

    Bonnie Brown

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    Section Image
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Map

Source: Bright MLS

MLS Number: 1008342034

Bright MLS

APN: 10-202973

Maryland Worcester County Ocean City 21842

2804 Gull Way Unit A, Ocean City, MD

This home is located at 2804 Gull Way Unit A, Ocean City, MD 21842 since 03 October 2018 and is currently estimated at $484,279, approximately $432 per square foot. This property was built in 1981. 2804 Gull Way Unit A 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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