Seller's Agent in 2024
Ed Balcerzak
Berkshire Hathaway HomeServices PenFed Realty-WOC
(443) 497-4746
62 in this area
191 Total Sales
2813 Tern Dr Unit 202 Ocean City, MD 21842
Estimated Value: $279,000 - $370,000
2
Beds
2
Baths
878
Sq Ft
$400/mo
HOA Fee
Highlights
- Home fronts a canal
- Coastal Architecture
- Halls are 36 inches wide or more
- Ocean City Elementary School Rated A
- Furnished
- 4-minute walk to Robin Park
About This Home
As of December 2024**Sea Robin Condominium - Waterfront Retreat** Welcome to the Sea Robin Condominium, a bright and cheerful 878 square foot beach getaway featuring 2 bedrooms and 2 baths. This beautifully maintained waterfront condo includes a deeded 8,000-pound boat lift, perfect for boating enthusiasts. The inviting waterfront balcony offers serene views down a wide lagoon, creating the perfect setting for relaxation. 2 assigned parking spots, Conveniently located just a short stroll from the world-famous Ocean City Boardwalk and many iconic attractions, this property offers excellent Airbnb income potential and is a fantastic year-round retreat. With affordable condo fees of only $1,200 per quarter and annual taxes of $2,436, this is the one you’ve been waiting for!
Last Agent to Sell the Property
(443) 497-4746 opsales@comcast.net Berkshire Hathaway HomeServices PenFed Realty-WOC License #RS-0014171 Listed on: 09/19/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,724
Year Built
- Built in 1983
Lot Details
- Home fronts a canal
- Cleared Lot
HOA Fees
- $400 Monthly HOA Fees
Home Design
- Coastal Architecture
- Cottage
- Entry on the 2nd floor
- Block Foundation
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 878 Sq Ft Home
- Property has 1 Level
- Furnished
- Canal Views
Kitchen
- Stove
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Lot
- 2 Assigned Parking Spaces
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Additional Features
- Halls are 36 inches wide or more
- Bulkhead
- Flood Risk
Listing and Financial Details
- Tax Lot 202
- Assessor Parcel Number 2410232694
Community Details
Overview
- Association fees include insurance, management, water, common area maintenance
- Low-Rise Condominium
- Sea Robin Community
- Non Development Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Dec 5, 2024
Sold by
Nickerson Robert L and Nickerson Dorothy A
Bought by
Penn Margarita and Penn Robert Earl
Seller's Agent
Ed Balcerzak
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Chris Coughlan
RE/MAX One
List Price
$325,000
Sold Price
$325,000
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,291
Avg. Annual Appreciation
1.63%
Original Mortgage
$198,000
Outstanding Balance
$196,422
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$133,869
Purchase Details
Closed on
May 11, 2005
Sold by
Langer Bradley J and Langer Amy E
Bought by
Nickerson Roabert L and Nickerson Dorothy A
Purchase Details
Closed on
Apr 29, 2005
Sold by
Langer Bradley J and Langer Amy E
Bought by
Nickerson Roabert L and Nickerson Dorothy A
Purchase Details
Closed on
Jul 26, 2001
Sold by
Belkov Leonard E and Belkov Alma F
Bought by
Langer Bradley J and Langer Amey E
Purchase Details
Closed on
Sep 2, 1983
Sold by
Firth Richard K and Firth Bonita R
Bought by
Belkov Leonard E and Belkov Alma F
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Penn Margarita | $325,000 | None Listed On Document | |
| Penn Margarita | $325,000 | None Listed On Document | |
| Nickerson Roabert L | $235,000 | -- | |
| Nickerson Roabert L | $235,000 | -- | |
| Langer Bradley J | $94,000 | -- | |
| Belkov Leonard E | $59,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Penn Margarita | $198,000 | |
| Closed | Penn Margarita | $198,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $325,000 | 0.0% | $370 / Sq Ft |
| 09/19/2024 09/19/24 | For Sale | $325,000 | -- | $370 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,037 | $222,400 | $0 | $0 |
| 2024 | $2,715 | $194,600 | $0 | $0 |
| 2023 | $2,344 | $166,800 | $83,400 | $83,400 |
| 2022 | $2,282 | $162,400 | $0 | $0 |
| 2021 | $2,233 | $158,000 | $0 | $0 |
| 2020 | $2,170 | $153,600 | $76,800 | $76,800 |
| 2019 | $213 | $150,100 | $0 | $0 |
| 2018 | $2,065 | $146,600 | $0 | $0 |
| 2017 | $212 | $143,100 | $0 | $0 |
| 2016 | -- | $143,100 | $0 | $0 |
| 2015 | $2,202 | $143,100 | $0 | $0 |
| 2014 | $2,202 | $157,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Balcerzak
-
Chris Coughlan
Buyer's Agent in 2024
Chris Coughlan
RE/MAX
(240) 838-1334
8 in this area
108 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2023560
APN: 10-232694
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