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: $321,358 - $342,000
1
Bed
1.5
Baths
1,050
Sq Ft
$319/Sq Ft
Est. Value
Highlights
- 25 Feet of Waterfront
- 1 Dock Slip
- Canal View
- Ocean City Elementary School Rated A
- Access to Tidal Water
- Curved or Spiral Staircase
About This Home
As of June 2022Awesome location for this bayside/canal waterfront home. Bring your boat as this unit as a electric lift and community trailer/boat storage. Take a dip in the community pool, relax or entertain on the back deck or take a short stroll to the boardwalk and many restaurants and entertainment nearby. Owner is conveying all inside & outside furniture & kitchenware. Many recent upgrades including LVP on the 1st floor, new refrigerator, backsliding door (with key lock) and storm front door, washing machine, AC unit. Recent community updates include bulkhead & boardwalk. Come enjoy the "Salt Life" and see what you have been missing. Would make a nice rental. All offers considered.
Last Agent to Sell the Property
(410) 490-2972 bfornos1@gmail.com Taylor Properties Listed on: 04/22/2022
Last Buyer's Agent
(717) 649-7248 lisa.jackson@evrealestate.com Engel & Völkers Ocean City License #RS-0038166
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,344
Year Built
- Built in 1979
Lot Details
- 25 Feet of Waterfront
- Home fronts navigable water
HOA Fees
- $208 Monthly HOA Fees
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,050 Sq Ft Home
- Property has 2 Levels
- Curved or Spiral Staircase
- Cathedral Ceiling
- Ceiling Fan
- Fireplace
- Awning
- Window Treatments
- Sliding Doors
- Family Room Off Kitchen
- Combination Dining and Living Room
- Canal Views
- Crawl Space
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
Parking
- 1 Open Parking Space
- 2 Parking Spaces
- 1 Attached Carport Space
- Parking Lot
- Assigned Parking
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Property is near a canal
- Electric Hoist or Boat Lift
- 1 Dock Slip
- Physical Dock Slip Conveys
- Powered Boats Permitted
- Exterior Lighting
Location
- Flood Risk
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 33
- Assessor Parcel Number 2410062101
Community Details
Overview
- Association fees include common area maintenance, insurance, management, pool(s), reserve funds
- Mann Properties Condos
- Old Port Cove Community
Recreation
- Community Pool
Pet Policy
- Limit on the number of pets
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2022
Closed on
Jun 13, 2022
Sold by
Cronise Melvin C
Bought by
Bullock Kristofer S
Seller's Agent
Brenda Fornos
Taylor Properties
Buyer's Agent
LISA M JACKSON
Engel & Völkers Ocean City
List Price
$299,500
Sold Price
$296,500
Premium/Discount to List
-$3,000
-1%
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
$38,840
Avg. Annual Appreciation
3.60%
Original Mortgage
$281,675
Interest Rate
5.3%
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 |
|---|---|---|---|
| Bullock Kristofer S | $296,500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bullock Kristofer S | $281,675 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2022 06/14/22 | Sold | $296,500 | -1.0% | $282 / Sq Ft |
| 04/22/2022 04/22/22 | For Sale | $299,500 | -- | $285 / 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 | $3,307 | $242,167 | $0 | $0 |
| 2024 | $2,847 | $204,033 | $0 | $0 |
| 2023 | $2,331 | $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 | $2,264 | $165,900 | $82,900 | $83,000 |
| 2019 | $2,264 | $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
-
LISA M JACKSON
Buyer's Agent in 2022
LISA M JACKSON
Engel & Völkers Ocean City
(717) 649-7248
41 in this area
86 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2007292
APN: 10-062101
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