Seller's Agent in 2020
Deborah Bennington
Berkshire Hathaway HomeServices PenFed Realty - OP
(410) 603-8065
18 in this area
180 Total Sales
2813 Tern Dr Unit 207 Ocean City, MD 21842
Estimated Value: $327,300 - $391,000
2
Beds
2
Baths
878
Sq Ft
$144/mo
HOA Fee
Highlights
- Primary bedroom faces the bay
- 1 Dock Slip
- Access to Tidal Water
- Ocean City Elementary School Rated A
- Home fronts navigable water
- 4-minute walk to Robin Park
About This Home
As of October 2020This Exceptional Turn key waterfront 2 bedroom 2 bath condo with Deeded boat slip #207 and over $30,000 worth of upgrades is available now to purchase! This beautiful condo has been lovingly occupied for 4 years and never been rented! Condo has been recently painted and boasts new AduraMax luxury vinyl plank flooring throughout, crown molding, new ceiling fans, new interior doors, new closet doors , new sliding glass doors with built-in blinds and front door both are Ocean City hurricane code approved!. Enjoy entertaining family and friends in this beautiful new kitchen with Quartz countertop, new sink, new garbage disposal , dishwasher, range hood and light fixture over the sink. Bathrooms have been enhanced with Quartz countertop vanities sink fixtures and new toilets. Home is complete with attractive furnishings which include two new connecting Adirondack chairs on balcony. Enjoy boating only seconds away to the bay for a full day of fun and sun! No problem with parking with 2 assigned parking spaces. Building upgrades include maintenance free vinyl exterior siding, steps and deck materials. Improvement list available in documents. Condo is MOVE IN READY for your immediate enjoyment and aggressively priced to sell quickly. Call now for your private showing
Last Agent to Sell the Property
(410) 603-8065 debbennington4@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #621595 Listed on: 09/18/2020
Last Buyer's Agent
(443) 235-1375 Deeley@westocrealestate.com Coastal Life Realty Group LLC License #611703
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,170
Year Built
- Built in 1983
Lot Details
- Home fronts navigable water
- Home fronts a canal
- East Facing Home
- Cleared Lot
- Property is in excellent condition
HOA Fees
- $144 Monthly HOA Fees
Home Design
- Coastal Architecture
- Entry on the 2nd floor
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 878 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Crown Molding
- Ceiling Fan
- Insulated Windows
- Double Hung Windows
- Sliding Windows
- Window Screens
- Sliding Doors
- Insulated Doors
- Great Room
- Dining Room
- Canal Views
- Crawl Space
Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Built-In Range
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary bedroom faces the bay
- En-Suite Bathroom
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Home Security
Parking
- Assigned parking located at #207
- Parking Lot
- 2 Assigned Parking Spaces
Outdoor Features
- Access to Tidal Water
- Water Access
- Property is near a canal
- 1 Dock Slip
- Physical Dock Slip Conveys
- Balcony
- Exterior Lighting
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- 200+ Amp Service
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Additional Features
- Doors are 32 inches wide or more
- Flood Risk
Listing and Financial Details
- Tax Lot 207
- Assessor Parcel Number 10-232740
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, management
- Low-Rise Condominium
- Sea Robin Condos
- Sea Robin Community
- Property Manager
Recreation
- Boat Dock
Pet Policy
- Dogs and Cats Allowed
Security
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2020
Closed on
Oct 26, 2020
Sold by
Rahe Daniel R and Rahe Michele Era
Bought by
Pannulla Joseph A and Pannulla Deanna M
Seller's Agent
Deborah Bennington
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Deeley Chester
Coastal Life Realty Group LLC
List Price
$259,900
Sold Price
$261,000
Premium/Discount to List
$1,100
0.42%
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
$105,325
Avg. Annual Appreciation
6.85%
Original Mortgage
$234,900
Outstanding Balance
$209,403
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$156,922
Purchase Details
Closed on
Jul 12, 2018
Sold by
Higgins Mark P and Higgins Lori E
Bought by
Rahe Daniel R and Rahe Michele L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,950
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 2010
Sold by
Cover Edward J and Cover Nancy N
Bought by
Higgins Mark P and Higgins Lori E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,200
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 23, 1983
Sold by
Firth Richard K and Firth Bonita R
Bought by
Cover Edward J and Cover Nancy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,150
Interest Rate
13.89%
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 |
|---|---|---|---|
| Pannulla Joseph A | $261,000 | Resort Land T&E Llc | |
| Rahe Daniel R | $201,000 | Liberty Title & Escrow Of Ma | |
| Higgins Mark P | $175,250 | -- | |
| Cover Edward J | $58,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pannulla Joseph A | $234,900 | |
| Previous Owner | Rahe Daniel R | $190,950 | |
| Previous Owner | Higgins Mark P | $152,200 | |
| Previous Owner | Cover Edward J | $52,150 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/26/2020 10/26/20 | Sold | $261,000 | +0.4% | $297 / Sq Ft |
| 09/21/2020 09/21/20 | Pending | -- | -- | -- |
| 09/18/2020 09/18/20 | For Sale | $259,900 | -- | $296 / 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 | $2,129 | $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
-
Deborah Bennington
-
Deeley Chester
Buyer's Agent in 2020
Deeley Chester
Coastal Life Realty Group LLC
(443) 235-1375
45 in this area
126 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO116930
APN: 10-232740
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