NOT LISTED FOR SALE

316 Oyster Cove Dr Unit 1D Grasonville, MD 21638

Kent Narrows Neighborhood

Estimated Value: $628,000 - $649,216

3 Beds
2 Baths
1,650 Sq Ft
$510/mo HOA Fee

Last Sold December 23, 2015

Last sale price $280,000 $170 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $4,251/month

Highlights

  • 20 Feet of Waterfront
  • 1 Dock Slip
  • Boat or Launch Ramp
  • Grasonville Elementary School Rated A-
  • Pier
  • Gated Community

About This Home

As of December 2015

Gorgeous waterfront villa/condo on main level with deeded boat slip. This unit was Sold furnished, AS-IS, and with buyer assuming all special assessment fees.

Last Agent to Sell the Property

Carol Tinnin

(410) 808-1838 ctinnin2003@yahoo.com RE/MAX Leading Edge License #95095 Listed on: 11/13/2015

RE/MAX Leading Edge

Last Buyer's Agent

Leslie Sandoz

leslie.sandoz@longandfoster.com Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,877

Year Built

  • Built in 1987

Lot Details

  • 20 Feet of Waterfront
  • Creek or Stream
  • West Facing Home
  • Property is in very good condition

HOA Fees

Parking

  • Free Parking

Home Design

  • Contemporary Architecture
  • Aluminum Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Wood Burning Stove
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Window Treatments
  • Living Room
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Water Oriented
  • Boat or Launch Ramp
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Balcony

Utilities

  • Central Heating
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Property is near a creek

Listing and Financial Details

  • Tax Lot 1D
  • Assessor Parcel Number 1805036801

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn care front, lawn care rear, lawn care side, management, insurance, pier/dock maintenance, pool(s), reserve funds, recreation facility, snow removal, trash
  • Low-Rise Condominium
  • Oyster Cove Community
  • Oyster Cove Subdivision
  • The community has rules related to alterations or architectural changes, covenants

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,877

Year Built

Built in 1987

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1987
  • Remarks Public: Gorgeous waterfront villa/condo on main level with deeded boat slip. This unit was Sold furnished, AS-IS, and with buyer assuming all special assessment fees.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Dishwasher, Stove, Microwave, Disposal, Washer, Dryer, Water Heater
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Primary Bath(s), Entry Level Bedroom, Built-Ins, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1650
  • Living Area Sq Ft: 1650
  • Price Per Sq Ft: 169.70
  • Above Grade Finished Sq Ft: 1650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 316

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • View: Water
  • Water Access Features: Boat - Powered
  • Water Access: No
  • Water Body Name: WELLS COVE
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 20

Garage/Parking

  • Garage: No
  • Parking Features: Free

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric, Wood
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 180.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 330.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Gated Community, Jog/Walk Path, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Management, Insurance, Pier/Dock Maintenance, Pool(s), Reserve Funds, Recreation Facility, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Covenants
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 200000.00
  • Land Assessed Value: 100000.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: WVC

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2877.30
  • Assessor Parcel Number: 1805036801
  • Tax Lot: 1D
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 12/23/2015

Multi Family

  • Dock Slip Conveyance: Deeded
  • Mean Low Water Feet: 4
  • Waterfront Features: Boat/Launch Ramp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2015
Closed on
Dec 23, 2015
Sold by
Amster Bernard J and Amster Rhoda M
Bought by
Sandoz Leslie C
Seller's Agent
Carol Tinnin
RE/MAX Leading Edge
Buyer's Agent
Leslie Sandoz
Long & Foster Real Estate, Inc.
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$637,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,054
Avg. Annual Appreciation
8.38%
Original Mortgage
$150,000
Outstanding Balance
$120,877
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$492,649

Purchase Details

Closed on
Apr 28, 1987
Sold by
Oyster Cove Ltd Partnership
Bought by
Amster Bernard J and Amster Rhoda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,800
Interest Rate
10.37%
Source: Public Records

Range of Values:

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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
Sandoz Leslie C $280,000 Sage Title Group Llc
Amster Bernard J $196,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandoz Leslie C $150,000
Previous Owner Amster Bernard J $178,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $280,000 0.0% $170 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
11/13/2015 11/13/15 For Sale $280,000 0.0% $170 / Sq Ft
09/30/2012 09/30/12 Rented $2,000 -4.8% --
09/24/2012 09/24/12 Under Contract -- -- --
08/15/2012 08/15/12 For Rent $2,100 -- --
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 $4,162 $513,333 $0 $0
2024 $4,162 $500,000 $225,000 $275,000
2023 $3,940 $458,333 $0 $0
2022 $3,730 $416,667 $0 $0
2021 $4,188 $375,000 $150,000 $225,000
2020 $3,474 $362,167 $0 $0
2019 $3,350 $349,333 $0 $0
2018 $3,227 $336,500 $126,500 $210,000
2017 $2,994 $324,333 $0 $0
2016 -- $312,167 $0 $0
2015 $3,357 $300,000 $0 $0
2014 $3,357 $300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002769194

Bright MLS

APN: 05-036801