NOT LISTED FOR SALE

2813 Tern Dr Unit 206 Ocean City, MD 21842

Estimated Value: $328,877 - $374,000

2 Beds
2 Baths
878 Sq Ft
$404/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $249,000 $284 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,213/month

24 Days on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • More Than Two Accessible Exits
  • Ocean City Elementary School Rated A
  • Water Access
  • 4-minute walk to Robin Park

About This Home

As of January 2021

This is it! Your own private, waterfront retreat at the beach! This lovely 2 bed, 2 bath condo has been nicely maintained and it comes with a boat slip! Enjoy the warm sunsets on the bay or take a nice cruise up to one of the many restaurants that Ocean City has to offer! A truly wonderful location for you and your family to enjoy and make many happy memories!

Last Agent to Sell the Property

Erik Brubaker

(602) 684-6849 erik.brubaker@brighthomegroupllc.com Keller Williams Realty Listed on: 10/30/2020

Keller Williams Realty

Last Buyer's Agent

Jeffrey Messick

(410) 251-2196 jeffrey.messick@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #RS-0024707

Berkshire Hathaway HomeServices PenFed Realty-WOC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,170

Year Built

  • Built in 1983

Lot Details

  • 479

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 878 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Property is near a canal
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Dock made with Composite Material

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Home fronts navigable water

Community Details

  • Sea Robin Community

Listing and Financial Details

  • Tax Lot 206
  • Assessor Parcel Number 10-232732

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,170

Year Built

Built in 1983

Lot Details

0

HOA Fees

$148 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Unit/Flat
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-10-30
  • Federal Flood Zone: No
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 878
  • Living Area Sq Ft: 878
  • Price Per Sq Ft: 290.32
  • 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
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1772.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5416613
  • Tax Annual Amount: 2170.00
  • Assessor Parcel Number: 10-232732
  • Tax Lot: 206
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Jan 8, 2021
Sold by
Shatzer Samuel L and Shatzer Pamela K
Bought by
White Jason William
Seller's Agent
Erik Brubaker
Keller Williams Realty
Buyer's Agent
Jeffrey Messick
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$254,900
Sold Price
$249,000
Premium/Discount to List
-$5,900
-2.31%
Current Estimated Value
$354,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,969
Avg. Annual Appreciation
7.47%
Original Mortgage
$241,530
Outstanding Balance
$215,414
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$139,555

Purchase Details

Closed on
May 4, 1998
Sold by
Wiseman Francis W and Wiseman Genevieve E
Bought by
Shatzer Samuel L and Shatzer Pamela K

Purchase Details

Closed on
Jun 28, 1983
Sold by
Firth Richard K and Firth Bonita R
Bought by
Wiseman Francis W and Wiseman Genevieve E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,255
Interest Rate
12.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
White Jason William $249,000 Capitol Title Group
Shatzer Samuel L $76,500 --
Wiseman Francis W $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Jason William $241,530
Previous Owner Wiseman Francis W $51,255
Closed Shatzer Samuel L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $249,000 -2.3% $284 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $254,900 -- $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 $2,380 $222,400 $0 $0
2024 $2,369 $194,600 $0 $0
2023 $2,324 $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

  • Erik Brubaker

    Seller's Agent in 2021

    Erik Brubaker

    Keller Williams Realty

    (602) 684-6849

    3 in this area

    103 Total Sales

    Erik Brubaker
    Section Image
  • Jeffrey Messick

    Buyer's Agent in 2021

    Jeffrey Messick

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    (410) 251-2196

    44 in this area

    148 Total Sales

    Jeffrey Messick
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO117982

Bright MLS

APN: 10-232732

Maryland Worcester County Ocean City 21842

2813 Tern Dr Unit 206, Ocean City, MD

Not Listed for Sale

Townhouses

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