NOT LISTED FOR SALE

2804C Gull Way Ocean City, MD 21842

Estimated Value: $463,000 - $548,000

2 Beds
2 Baths
1,120 Sq Ft
$455/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $459,500 $410 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,080/month

Highlights

  • 24 Feet of Waterfront
  • 1 Dock Slip
  • Canal View
  • Ocean City Elementary School Rated A
  • Fishing Allowed
  • Coastal Architecture

About This Home

As of January 2022

Are you looking for a full time residence or a summer getaway? Either way, this home has what you need plus no HOA fees! Features include two assigned parking spots, quartz counter tops, upgraded appliances, a private boat slip, large bedrooms and a view you won't ever want to leave! Wake up every day to canal views from your master bedroom windows and end every day on your back deck looking over the bay. Ready to be transformed into your oasis of paradise in the beautiful town of Ocean City!

Last Agent to Sell the Property

Marti Hawkins

(410) 603-6116 marti.hawkins@era.com ERA Martin Associates Listed on: 12/12/2021

ERA Martin Associates

Co-Listed By

Roger Sansom

(410) 251-8574 roger.sansom@era.com ERA Martin Associates

Last Buyer's Agent

Kaycie Dahan

(240) 353-8610 kdahan2@yahoo.com Keller Williams Realty Centre License #5003018

Keller Williams Realty Centre

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,679

Year Built

  • Built in 1981

Lot Details

  • 24 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Wood Fence

Home Design

  • Coastal Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Partially Furnished
  • Vinyl Flooring
  • Canal Views
  • Crawl Space

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • Bulkhead
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Powered Boats Permitted
  • Deck

Location

  • Flood Risk

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 302C
  • Assessor Parcel Number 10-203007

Community Details

Overview

  • No Home Owners Association
  • Viewpoint Community

Recreation

  • Fishing Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,679

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: partially furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-12-13
  • Federal Flood Zone: Yes
  • Year Built: 1981
  • Remarks Public: Are you looking for a full time residence or a summer getaway? Either way, this home has what you need plus no HOA fees! Features include two assigned parking spots, quartz counter tops, upgraded appliances, a private boat slip, large bedrooms and a view you won't ever want to leave! Wake up every day to canal views from your master bedroom windows and end every day on your back deck looking over the bay. Ready to be transformed into your oasis of paradise in the beautiful town of Ocean City!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Refrigerator, Icemaker, Washer, Dryer, Stove
  • Flooring Type: Vinyl
  • Interior Amenities: Central Vacuum
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 410.27
  • 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: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • View: Canal
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 24

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Wood
  • Land Use Code: 011
  • Lot Features: Bulkheaded
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 3679.00
  • Assessor Parcel Number: 10-203007
  • Tax Lot: 302C
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/31/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2021
Closed on
Jan 31, 2022
Sold by
Michael Howell Matthew
Bought by
Colabucci Nicholas James
Seller's Agent
Marti Hawkins
ERA Martin Associates
Buyer's Agent
Kaycie Dahan
Keller Williams Realty Centre
List Price
$459,500
Sold Price
$459,500
Current Estimated Value
$509,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,134
Avg. Annual Appreciation
2.84%
Original Mortgage
$367,600
Outstanding Balance
$341,386
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$168,248

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 20, 2021
Sold by
Bartell Mari Lynn
Bought by
Howell Matthew Michael
Seller's Agent
Sharon Daugherty
Keller Williams Realty Delmarva
Buyer's Agent
Lindsay Patten
Keller Williams Realty Delmarva
List Price
$429,900
Sold Price
$424,000
Premium/Discount to List
-$5,900
-1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.56%
Original Mortgage
$424,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Apr 20, 2017
Sold by
Stansfield William R and Stansfield Sheri M
Bought by
Bartell Mari Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2002
Sold by
Stansfield Robert L and Stansfield Darlene J
Bought by
Stansfield William R and Stansfield Sheri

Purchase Details

Closed on
May 13, 1987
Sold by
Zollers A Wesley
Bought by
Stansfield Robert L and Stansfield Darlene J

Purchase Details

Closed on
Feb 19, 1986
Sold by
Lemmon Caroll R and Lemmon Lenora M
Bought by
Zollers A Wesley
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
Colabucci Nicholas James $459,500 Title Resources Guaranty
Howell Matthew Michael $424,000 Real Estate Title And Escrow
Bartell Mari Lynn $285,000 Resort Land Title & Escrow L
Stansfield William R $110,000 --
Stansfield Robert L $75,000 --
Zollers A Wesley $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colabucci Nicholas James $367,600
Previous Owner Howell Matthew Michael $424,000
Previous Owner Bartell Mari Lynn $228,000
Closed Stansfield William R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2022 01/31/22 Sold $459,500 0.0% $410 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/26/2021 12/26/21 For Sale $459,500 0.0% $410 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
12/12/2021 12/12/21 For Sale $459,500 +8.4% $410 / Sq Ft
08/20/2021 08/20/21 Sold $424,000 -1.4% $379 / Sq Ft View Prior Sale
07/20/2021 07/20/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $429,900 -- $384 / 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 $4,536 $360,400 $0 $0
2024 $4,536 $325,100 $0 $0
2023 $4,073 $289,800 $175,000 $114,800
2022 $3,935 $280,000 $0 $0
2021 $3,818 $270,200 $0 $0
2020 $3,505 $260,400 $175,000 $85,400
2019 $3,505 $247,133 $0 $0
2018 $3,294 $233,867 $0 $0
2017 $3,066 $220,600 $0 $0
2016 -- $215,933 $0 $0
2015 $3,637 $211,267 $0 $0
2014 $3,637 $206,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2003994

Bright MLS

APN: 10-203007