NOT LISTED FOR SALE

2819 Tern Dr Unit 22C3 Ocean City, MD 21842

Estimated Value: $322,487 - $364,000

1 Bed
1 Bath
1,050 Sq Ft
$331/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $185,000 $176 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,280/month

111 Days on Market

Highlights

  • 1 Dock Slip
  • Pier
  • Canal View
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Deck

About This Home

As of May 2019

Affordable bayside waterfront condo complete with deep water slip. This one bedroom one and half bathroom has been completely renovated with new flooring, custom solid wood cabinets, solid surface counters, ac/heat units, ceiling fans, stainless steel appliances and new top floor front deck. Complex offers overflow parking, pool and boat storage. The deep water slip has easy access to bay and open water. Conveniently located near Jolly Roger s Amusement park, Ocean City Boardwalk, Restaurants and Entertainment. Call for a private showing.

Last Agent to Sell the Property

Carol Proctor

(443) 567-0650 carol@carolproctor.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288 Listed on: 01/10/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Melissa Strawbridge

(410) 390-1819 missyanddeansellsoc@gmail.com Iron Valley Real Estate Ocean City License #RS-0026304

Iron Valley Real Estate Ocean City

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,255

Year Built

  • Built in 1979

Lot Details

  • Home fronts navigable water
  • Home fronts a canal
  • Property is in good condition

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Cathedral Ceiling
  • Fireplace
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Canal Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Assigned Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Pier
  • Water Access
  • Property is near a canal
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Deck

Schools

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

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 4717
  • Assessor Parcel Number 10-062225

Community Details

Overview

  • Association fees include common area maintenance, pool(s), insurance, water
  • Old Port Cove Community

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,255

Year Built

Built in 1979

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Exclusions: Picture behind couch/all linens
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Upper 1
  • Expected On Market: 2019-01-10
  • Federal Flood Zone: No
  • Year Built: 1979
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Carpet, Combination Kitchen/Dining, Window Treatments
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 180.86
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stick Built, Frame
  • Roof: Asphalt
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2100.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Insurance, Water
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5402254
  • Tax Annual Amount: 2255.00
  • Assessor Parcel Number: 10-062225
  • Tax Lot: 4717
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2019
Closed on
Jun 18, 2019
Sold by
Vaughn William R
Bought by
Mattox Dwayne and Mattox Melinda
Seller's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Melissa Strawbridge
Iron Valley Real Estate Ocean City
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$347,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,622
Avg. Annual Appreciation
10.14%
Original Mortgage
$167,765
Outstanding Balance
$147,207
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$200,415

Purchase Details

Closed on
Feb 18, 2004
Sold by
Dianne Morel and Dianne E.
Bought by
Vaughn William R

Purchase Details

Closed on
Jan 31, 2002
Sold by
Finley Robert J and Finley Carol A
Bought by
Moreland Dianne E and Vaughn William R

Purchase Details

Closed on
Aug 12, 1999
Sold by
Joan W Jenkins Foundation Inc
Bought by
Finley Robert J and Finley Carol A

Purchase Details

Closed on
Dec 13, 1996
Sold by
Jenkins Charles R
Bought by
Joan W Jenkins Foundation Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
Mattox Dwayne $185,000 Real Estate Title & Escrow
Vaughn William R -- --
Moreland Dianne E $115,000 --
Finley Robert J $77,900 --
Joan W Jenkins Foundation Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattox Dwayne $167,765
Closed Finley Robert J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $185,000 -2.6% $176 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/14/2019 04/14/19 Price Changed $189,900 -2.6% $181 / Sq Ft
03/13/2019 03/13/19 Price Changed $194,900 -2.5% $186 / Sq Ft
02/09/2019 02/09/19 Price Changed $199,799 -0.1% $190 / Sq Ft
01/20/2019 01/20/19 Price Changed $199,899 0.0% $190 / Sq Ft
01/11/2019 01/11/19 For Sale $199,900 -- $190 / 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 $3,307 $242,167 $0 $0
2024 $2,847 $204,033 $0 $0
2023 $2,331 $165,900 $82,900 $83,000
2022 $2,331 $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

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Map

Source: Bright MLS

MLS Number: MDWO101990

Bright MLS

APN: 10-062225