Seller's Agent in 2022
Brenda Fornos
Taylor Properties
(410) 490-2972
12 in this area
74 Total Sales
2817 Tern Dr Ocean City, MD 21842
Estimated Value: $326,888 - $351,000
1
Bed
1.5
Baths
1,050
Sq Ft
$324/Sq Ft
Est. Value
Highlights
- 14 Feet of Waterfront
- Private Dock Site
- Access to Tidal Water
- Ocean City Elementary School Rated A
- Parking available for a boat
- Open Floorplan
About This Home
As of November 2022Brenda Sold Another Amazing property. Beautiful waterfront townhouse in desirable Old Port Cove. Pull your boat up to your back door and enjoy the great location, just a short walk to the ocean, boardwalk, many restaurants & entertainment. Cool off in the community pool or enjoy the boat storage & extra parking area. This wonderful home comes fully furnished and has 2 sleeper sofa's in the living room. The spacious loft/bedroom boasts a skylight, ceiling fan and new stairs. Enjoy a half bath on the first floor and deck that leads to your deeded boat slip. Owner just renovated the upstairs bathroom.
Last Agent to Sell the Property
(410) 490-2972 bfornos1@gmail.com Taylor Properties Listed on: 07/20/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,339
Year Built
- Built in 1979
Lot Details
- 14 Feet of Waterfront
- Home fronts navigable water
HOA Fees
- $250 Monthly HOA Fees
Interior Spaces
- 1,050 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Two Story Ceilings
- Ceiling Fan
- Skylights
- Fireplace
- Sliding Windows
- Family Room
- Combination Kitchen and Dining Room
- Canal Views
- Crawl Space
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
Home Security
Parking
- 1 Parking Space
- 1 Attached Carport Space
- Parking Lot
- Parking available for a boat
- Assigned Parking
Outdoor Features
- Access to Tidal Water
- Water Access
- Property is near a canal
- Private Dock Site
- Deck
Location
- Flood Risk
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- Tax Lot 28
- Assessor Parcel Number 2410062187
Community Details
Overview
- Association fees include common area maintenance, insurance, management, pool(s), reserve funds
- Old Port Cove Community
- Old Port Cove Subdivision
Amenities
- Common Area
- Community Storage Space
Recreation
- Community Pool
Pet Policy
- Limit on the number of pets
Security
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2022
Closed on
Nov 28, 2022
Sold by
Linn Cynthia L
Bought by
Christian Timothy Scott
Seller's Agent
Brenda Fornos
Taylor Properties
Buyer's Agent
Kimberly Bounds
Coldwell Banker Realty
List Price
$335,000
Sold Price
$310,000
Premium/Discount to List
-$25,000
-7.46%
Views
118
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
$29,972
Avg. Annual Appreciation
3.09%
Original Mortgage
$97,200
Outstanding Balance
$47,952
Interest Rate
7%
Mortgage Type
Balloon
Estimated Equity
$292,020
Purchase Details
Closed on
Dec 22, 2015
Sold by
Linn Daniel W
Bought by
Linn Cynthia L
Purchase Details
Closed on
Jun 28, 2005
Sold by
Havey Patricia R
Bought by
Linn Daniel W and Linn Cynthia L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 5, 2005
Sold by
Havey Patricia R
Bought by
Linn Daniel W and Linn Cynthia L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.95%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Christian Timothy Scott | $310,000 | -- | |
| Linn Cynthia L | -- | Attorney | |
| Linn Daniel W | $245,000 | -- | |
| Linn Daniel W | $245,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Christian Timothy Scott | $97,200 | |
| Open | Christian Timothy Scott | $219,550 | |
| Previous Owner | Linn Daniel W | $200,000 | |
| Previous Owner | Linn Daniel W | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/28/2022 11/28/22 | Sold | $310,000 | -1.6% | $295 / Sq Ft |
| 09/22/2022 09/22/22 | Price Changed | $315,000 | -4.5% | $300 / Sq Ft |
| 08/31/2022 08/31/22 | Price Changed | $330,000 | -1.5% | $314 / Sq Ft |
| 08/08/2022 08/08/22 | For Sale | $335,000 | +8.1% | $319 / Sq Ft |
| 07/20/2022 07/20/22 | Off Market | $310,000 | -- | -- |
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 | $3,307 | $242,167 | $0 | $0 |
| 2024 | $2,847 | $204,033 | $0 | $0 |
| 2023 | $2,339 | $165,900 | $82,900 | $83,000 |
| 2022 | $2,332 | $165,900 | $82,900 | $83,000 |
| 2021 | $2,344 | $165,900 | $82,900 | $83,000 |
| 2020 | $2,420 | $165,900 | $82,900 | $83,000 |
| 2019 | $2,385 | $159,600 | $0 | $0 |
| 2018 | $2,159 | $153,300 | $0 | $0 |
| 2017 | $2,087 | $147,000 | $0 | $0 |
| 2016 | -- | $147,000 | $0 | $0 |
| 2015 | $2,293 | $147,000 | $0 | $0 |
| 2014 | $2,293 | $147,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brenda Fornos
-
Kimberly Bounds
Buyer's Agent in 2022
Kimberly Bounds
Coldwell Banker Realty
(443) 614-7167
32 in this area
61 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2008966
APN: 10-062187
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