Seller's Agent in 2021
John Houk
Berkshire Hathaway HomeServices PenFed Realty - OP
(703) 470-8444
4 in this area
11 Total Sales
307 Seabay Ln Unit D13 Ocean City, MD 21842
Estimated Value: $643,000 - $675,469
3
Beds
3.5
Baths
1,618
Sq Ft
$408/Sq Ft
Est. Value
Highlights
- 25 Feet of Waterfront
- Pier or Dock
- Furnished
- Ocean City Elementary School Rated A
- Contemporary Architecture
- Halls are 36 inches wide or more
About This Home
As of October 2021Fantastic bayfront home with picturesque sunset views. Open floorplan with hardwood flooring on the main level with updated gourmet kitchen. Fully updated, luxurious 3 bedroom, 3 ½ bath. Master bedroom with private deck facing the bay. Stone hearth and fireplace. Gourmet kitchen with granite countertops, stainless steel appliances, grill top downdraft stove, and wet bar. Master bath has radiant heated floors, plantation shutters, tray ceilings, and so much more. Whole house sound system. Sold beautifully furnished and decorated (with a few personal items excluded). Community amenities include two assigned parking spaces, and the option of reserving a community boat slip. Community pier, gazebo and bayside beach for launching kayaks or stand-up paddle boards. Pearl Certified energy efficient. Located in desirable midtown Ocean City, just 2 blocks from beaches, public tennis courts, great restaurants and night life. Home Warranty.
Last Agent to Sell the Property
(703) 470-8444 johnthouk@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #662911 Listed on: 09/01/2021
Co-Listed By
(646) 644-7173 dan.ohare.homes@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #654308
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,823
Year Built
- Built in 1984
Lot Details
- 25 Feet of Waterfront
- Home fronts navigable water
HOA Fees
- $450 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Contemporary Architecture
- Piling Construction
- Stick Built Home
Interior Spaces
- 1,618 Sq Ft Home
- Property has 3 Levels
- Furnished
- Wood Burning Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
Accessible Home Design
- Halls are 36 inches wide or more
- Doors are 32 inches wide or more
Outdoor Features
- Water Access
- Property near a bay
Location
- Flood Risk
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot D13
- Assessor Parcel Number 10-259312
Community Details
Overview
- Association fees include lawn maintenance, pier/dock maintenance
- Trader's Cove Community
Recreation
- Pier or Dock
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2021
Closed on
Oct 1, 2021
Sold by
Miller Warren and Miller Jan
Bought by
Miller Christopher
Seller's Agent
John Houk
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Jacob Smith Hamilton
KW Metro Center
List Price
$539,900
Sold Price
$565,000
Premium/Discount to List
$25,100
4.65%
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
$95,867
Avg. Annual Appreciation
3.98%
Original Mortgage
$452,000
Outstanding Balance
$412,182
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$248,685
Purchase Details
Listed on
Sep 1, 2017
Closed on
Oct 27, 2017
Sold by
Johnsen Peter C and Johnsen Caitlin M
Bought by
Willer Warren and Willer Jane
Seller's Agent
Eric I. Green
Coldwell Banker Realty
Buyer's Agent
Carole Spurrier
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$409,900
Sold Price
$409,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$327,900
Interest Rate
3.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2014
Sold by
Barnaba Bruce A and Barnaba Peggy J
Bought by
Johnsen Peter C and Coale Caitlin M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
4.41%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 3, 1997
Sold by
Barnaba Bruce A and Barnaba Peggy J
Bought by
Barnaba Bruce A and Barnaba Peggy J
Purchase Details
Closed on
Jun 2, 1992
Sold by
Stradling Raymond M
Bought by
Skalstad John E and Skalstad Beverly N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
8.6%
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 |
|---|---|---|---|
| Miller Christopher | $565,000 | Allied Title & Escrow Llc | |
| Willer Warren | $409,900 | Capitol Title Ins Agncy Inc | |
| Johnsen Peter C | $385,000 | Resort Land Title & Escrow L | |
| Barnaba Bruce A | -- | -- | |
| Skalstad John E | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miller Christopher | $452,000 | |
| Previous Owner | Willer Warren | $327,900 | |
| Previous Owner | Johnsen Peter C | $346,500 | |
| Previous Owner | Skalstad John E | $140,250 | |
| Closed | Barnaba Bruce A | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/01/2021 10/01/21 | Sold | $565,000 | +4.6% | $349 / Sq Ft | |
| 09/03/2021 09/03/21 | Pending | -- | -- | -- | |
| 09/01/2021 09/01/21 | For Sale | $539,900 | +31.7% | $334 / Sq Ft | |
| 10/27/2017 10/27/17 | Sold | $409,900 | 0.0% | $253 / Sq Ft | View Prior Sale |
| 09/20/2017 09/20/17 | Pending | -- | -- | -- | |
| 09/01/2017 09/01/17 | For Sale | $409,900 | -- | $253 / 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 | $5,485 | $444,900 | $0 | $0 |
| 2024 | $5,485 | $393,100 | $0 | $0 |
| 2023 | $4,797 | $341,300 | $170,600 | $170,700 |
| 2022 | $4,797 | $341,300 | $170,600 | $170,700 |
| 2021 | $4,823 | $341,300 | $170,600 | $170,700 |
| 2020 | $4,841 | $341,300 | $170,600 | $170,700 |
| 2019 | $4,855 | $341,300 | $170,600 | $170,700 |
| 2018 | $4,807 | $341,300 | $170,600 | $170,700 |
| 2017 | $4,876 | $359,100 | $0 | $0 |
| 2016 | -- | $343,467 | $0 | $0 |
| 2015 | $4,412 | $327,833 | $0 | $0 |
| 2014 | $4,412 | $312,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Houk
-
Dan O'Hare
Seller Co-Listing Agent in 2021
Dan O'Hare
Berkshire Hathaway HomeServices PenFed Realty - OP
(646) 644-7173
15 in this area
79 Total Sales
-
Jacob Smith Hamilton
Buyer's Agent in 2021
Jacob Smith Hamilton
KW Metro Center
(571) 447-3191
1 in this area
138 Total Sales
-
E
Seller's Agent in 2017
Eric I. Green
Coldwell Banker Realty
-
Carole Spurrier
C
Buyer's Agent in 2017
Carole Spurrier
Berkshire Hathaway HomeServices PenFed Realty - OP
(443) 614-6739
14 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2001722
APN: 10-259312
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