NOT LISTED FOR SALE

2815 Tern Dr Ocean City, MD 21842

Estimated Value: $345,000 - $375,000

2 Beds
2 Baths
864 Sq Ft
436 Sq Ft Lot

Sale Details

Date Sold: November 28, 2022

Last sale price $345,000 $399 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,328 / mo

3 Days on Market

Highlights

  • 30 Feet of Waterfront
  • Primary bedroom faces the bay
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • Community Boat Dock
  • 5-minute walk to Robin Park

About This Home

As of November 2022

Incredible first floor two-bedroom two-bath canal front condo off of 28th Street with boat slip and boat lift. This condo has an open floor plan with waterfront canal views from the family room, kitchen & dining room. You will love the calming water views from the elevated new composite deck. Enjoy these same beautiful canal water views from the primary bedroom too. Primary bathroom has been completely remodeled which includes subway tile shower, subway tile floors, new vanity & new fixtures. Other upgrades include paint over the entire interior of the condo and new subway tile in second bathroom shower. Exterior upgrades include cleaning and sealing the crawl space, new catwalk to boat lift & new steel on the boat lift. Two assigned parking spaces in paved parking lot. Conveniently located in downtown Ocean City with only three blocks to the ocean, beach, boardwalk, entertainment and restaurants.

Last Agent to Sell the Property

Lisa Lynch

(302) 360-0300 lisasangerlynch@gmail.com Keller Williams Realty License #RS-00256358 Listed on: 10/20/2022

Keller Williams Realty

Last Buyer's Agent

James Jones

(888) 397-7352 pa.broker@exprealty.com EXP Realty, LLC License #RS332087

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,395

Year Built

  • Built in 1983

Lot Details

  • 30 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • West Facing Home
  • No Through Street
  • Property is in excellent condition

HOA Fees

  • $160 Monthly HOA Fees

Property Views

  • Bay
  • Canal

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Plywood Siding Panel T1-11

Interior Spaces

  • 864 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Partially Furnished
  • Crown Molding
  • Sliding Windows
  • Family Room Off Kitchen
  • Dining Area
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Property near a bay
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Powered Boats Permitted
  • Deck

Location

  • Flood Risk

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 113
  • Assessor Parcel Number 2410238749

Community Details

Overview

  • Association fees include exterior building maintenance
  • 18 Units
  • Low-Rise Community
  • Sea Robin Condos
  • Sea Robin Community
  • Downtown Oc Subdivision

Recreation

  • Community Boat Dock
  • Fishing Allowed

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,395

Year Built

Built in 1983

Lot Details

436 Sq Ft Lot

HOA Fees

$160 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Primary Bedroom - Bay Front, Stall Shower, Tub Shower
  • Window Features: Sliding
  • Fireplace: No
  • Door Features: Storm
  • Levels Count: 1
  • Room List: Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Price Per Sq Ft: 399.31
  • Above Grade Finished Sq Ft: 864
  • 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: T-1-11
  • Exterior Features: Sidewalks, Street Lights
  • View: Bay, Canal
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Sail, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Isle of Wright Bay & Assawoman Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 30

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: 480.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Sea Robin
  • HOA Condo Co-Op Amenities: Boat Dock/Slip
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: No Thru Street
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5417123
  • Tax Annual Amount: 2395.00
  • Assessor Parcel Number: 2410238749
  • Tax Lot: 113
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Nov 28, 2022
Sold by
Bought by
Seller's Agent
Lisa Lynch
Keller Williams Realty
Buyer's Agent
James Jones
EXP Realty, LLC
List Price
$345,000
Sold Price
$345,000
Views
13
Current Estimated Value
$351,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,116
Avg. Annual Appreciation
1.13%
Original Mortgage
$276,000
Interest Rate
0.0695%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2020
Closed on
Oct 27, 2020
Sold by
Bought by
Seller's Agent
Lauren Bunting
Keller Williams Realty Delmarva
Buyer's Agent
Kimberley Collins
Atlantic Shores Sotheby's International Realty
List Price
$269,900
Sold Price
$272,900
Premium/Discount to List
$3,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%
Original Mortgage
$252,900
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
0.0345%
Mortgage Type
Unknown

Purchase Details

Closed on
May 26, 1988
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$345,000 None Listed On Document
$272,900 Title Resource Guaranty Co
-- None Available
$74,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $276,000
Closed $252,900
Closed $80,000
Closed $110,000
Closed $112,000
Closed $155,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2022 11/28/22 Sold $345,000 0.0% $399 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $345,000 +26.4% $399 / Sq Ft
10/27/2020 10/27/20 Sold $272,900 +1.1% $316 / Sq Ft View Prior Sale
09/20/2020 09/20/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $269,900 -- $312 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,657 $267,800 $0 $0
2024 $3,074 $220,300 $0 $0
2023 $2,428 $172,800 $86,400 $86,400
2022 $2,388 $169,900 $0 $0
2021 $2,360 $167,000 $0 $0
2020 $2,319 $164,100 $82,000 $82,100
2019 $2,224 $156,333 $0 $0
2018 $2,092 $148,567 $0 $0
2017 $1,999 $140,800 $0 $0
2016 -- $140,800 $0 $0
2015 $2,167 $140,800 $0 $0
2014 $2,167 $154,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2010826

Bright MLS

APN: 10-238749

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