NOT LISTED FOR SALE

2813 Tern Dr Unit 204 Ocean City, MD 21842

Estimated Value: $324,082 - $378,000

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

Last Sold March 14, 2019

Last sale price $200,000 $228 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,262/month

198 Days on Market

Highlights

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

About This Home

As of March 2019

Owner Financing. Boater's Delight. 2nd Floor Unit Looks Over Your Private Boat Slip. Low Condo Fees. Building Recently Replaced Roof, Stairs, Decks and Rails (2 years). Heat Pump 5 Years. New Counter Top. Two (2) Assigned Parking Spots. Short Distance to Boards and Beach. You Can Put 25% Down and Owner Will Finance the Rest at 5.25% interest. Balloon Payment 3 Years. No Bank Fees and Paperwork. One Year AHS Home Owner's Warranty Included.

Last Agent to Sell the Property

Richard DiFilippo

(410) 430-2365 rich@richdifilippo.com Keller Williams Realty Delmarva Listed on: 08/14/2018

Keller Williams Realty Delmarva

Last Buyer's Agent

Shelby Bentson

(443) 280-4261 ShelbyBentson@remax.net RE/MAX Realty Centre, Inc. License #634570

RE/MAX Realty Centre, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,185

Year Built

  • Built in 1983

Lot Details

  • Home fronts navigable water
  • Home fronts a canal

HOA Fees

  • $143 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 878 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Carpet
  • Canal Views
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Microwave
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Physical Dock Slip Conveys
  • 1 Dock Slip

Location

  • Flood Risk

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 120/240V
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4755
  • Assessor Parcel Number 10-232716

Community Details

Overview

  • Association fees include lawn maintenance, management, water
  • Low-Rise Condominium
  • Sea Robin Condos
  • Sea Robin Community
  • Property Manager

Recreation

  • Pier or Dock

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,185

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
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Washer/Dryer Stacked, Water Heater, Stove, Refrigerator, Microwave
  • Entry Floor: 2
  • Interior Amenities: Carpet, Ceiling Fan(s), Window Treatments, Kitchen - Island
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 878
  • Living Area Sq Ft: 878
  • Price Per Sq Ft: 250.46
  • 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: Vinyl Siding, Stick Built, Frame
  • Roof: Asphalt
  • 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

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Electric Service: Circuit Breakers, 120/240V
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available, Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1712.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Sea Robin
  • HOA Condo Co-Op Amenities: Pier/Dock, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Water
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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

  • Zoning: R-2
  • Zoning Description: Multi-family
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5416611
  • Tax Annual Amount: 2185.00
  • Assessor Parcel Number: 10-232716
  • Tax Lot: 4755
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

Multi Family

  • Federal Flood Zone: AE-4

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 1988
Sold by
Upright Ned L and Upright Catherine J
Bought by
Smith Ronald D and Smith Bettylou M
Current Estimated Value
$354,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
10.32%

Purchase Details

Closed on
Aug 23, 1983
Sold by
Firth Richard K and Firth Bonita R
Bought by
Upright Ned L and Upright Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,100
Interest Rate
13.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Ronald D $69,900 --
Upright Ned L $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Smith Ronald D $62,900
Previous Owner Upright Ned L $53,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2019 03/14/19 Sold $200,000 -9.0% $228 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
08/14/2018 08/14/18 For Sale $219,900 -- $250 / 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

  • Richard DiFilippo

    Seller's Agent in 2019

    Richard DiFilippo

    Keller Williams Realty Delmarva

    (410) 430-2365

    17 in this area

    33 Total Sales

    Richard DiFilippo
    Section Image
  • Shelby Bentson

    Buyer's Agent in 2019

    Shelby Bentson

    RE/MAX

    (443) 280-4261

    1 in this area

    49 Total Sales

    Shelby Bentson
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002235620

Bright MLS

APN: 10-232716

Maryland Worcester County Ocean City 21842

2813 Tern Dr Unit 204, Ocean City, MD

Not Listed for Sale

Condos

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