NOT LISTED FOR SALE

2813 Tern Dr Unit 203 Ocean City, MD 21842

Estimated Value: $324,221 - $391,000

2 Beds
2 Baths
878 Sq Ft
$143/mo HOA Fee

Last Sold June 27, 2019

Last sale price $210,000 $239 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,278/month

25 Days on Market

Highlights

  • 1 Dock Slip
  • Pier
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • 4-minute walk to Robin Park

About This Home

As of June 2019

Waterfront living... New HVAC in 2018, new stainless kitchen appliances, deeded boat slip, new water heater, new sliding door, new entry door, new storm door...

Last Agent to Sell the Property

JAY PIERORAZIO

(443) 510-3383 jaypieroraziooc@gmail.com Coastal Life Realty Group LLC Listed on: 05/04/2019

Last Buyer's Agent

Paul Butterfield

(301) 538-5503 paulbutterfield11@gmail.com RE/MAX Realty Services

RE/MAX Realty Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,120

Year Built

  • Built in 1983

HOA Fees

  • $143 Monthly HOA Fees

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home
  • Asphalt

Interior Spaces

  • 878 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Paved Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property is near a canal
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted

Schools

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

Additional Features

  • Home fronts navigable water
  • Flood Risk
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4755
  • Assessor Parcel Number 10-232708

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, reserve funds
  • Low-Rise Condominium
  • Sea Robin Condos
  • Sea Robin Community
  • Property Manager

Recreation

  • Fishing Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,120

Year Built

Built in 1983

Lot Details

0

HOA Fees

$143 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
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-05-04
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Carpet, Laminated, Tile/Brick
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 878
  • Living Area Sq Ft: 878
  • Price Per Sq Ft: 249.43
  • Above Grade Finished Sq Ft: 878
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Frame, Vinyl Siding, Asphalt
  • Roof: Asphalt
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Paved Parking
  • Type Of Parking: Off Street, On Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 428.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Sea Robin
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • 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 Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5416610
  • Tax Annual Amount: 2120.00
  • Assessor Parcel Number: 10-232708
  • Tax Lot: 4755
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2019
Closed on
Jun 28, 2019
Sold by
Day John M and Day Lacy E
Bought by
Eisenhauer David and Soper Linda
Seller's Agent
JAY PIERORAZIO
Coastal Life Realty Group LLC
Buyer's Agent
Paul Butterfield
RE/MAX Realty Services
List Price
$219,000
Sold Price
$210,000
Premium/Discount to List
-$9,000
-4.11%
Current Estimated Value
$357,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,805
Avg. Annual Appreciation
8.61%
Original Mortgage
$157,500
Outstanding Balance
$138,210
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$219,595

Purchase Details

Closed on
Sep 26, 1990
Sold by
Bogsch William Reese and Bogsch Colleen
Bought by
Day John M and Day Lacy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
10.16%

Purchase Details

Closed on
Aug 12, 1983
Sold by
Firth Richard K and Firth Bonita R
Bought by
Bogsch William Reese and Bogsch Colleen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eisenhauer David $210,000 Dba Real Estate T&E
Day John M $68,500 --
Bogsch William Reese $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eisenhauer David $157,500
Previous Owner Day John M $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2019 06/27/19 Sold $210,000 -4.1% $239 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/04/2019 05/04/19 For Sale $219,000 -- $249 / 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 $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 $2,129 $150,100 $0 $0
2018 $2,065 $146,600 $0 $0
2017 $2,032 $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

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Map

Source: Bright MLS

MLS Number: MDWO105924

Bright MLS

APN: 10-232708