NOT LISTED FOR SALE

319 S Bay Dr Unit A Ocean City, MD 21842

Estimated Value: $343,000 - $407,000

2 Beds
2 Baths
1,080 Sq Ft
$336/Sq Ft Est. Value

Last Sold June 12, 2018

Last sale price $205,000 $190 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,133/month

Highlights

  • Deck
  • Furnished
  • Balcony
  • Ocean City Elementary School Rated A
  • No HOA
  • 2-minute walk to Gorman Avenue Park

About This Home

As of June 2018

This is a wow! Very well maintained 2 bedroom, 2 and 1/2 bath. Central Air, washer/dryer, nicely furnished located in Cainewoods! Being close to Gorman's Park is a plus. Balcony off master bedroom and a deck in the back for entertaining. No condo fee. Make this a must see.

Last Agent to Sell the Property

Karen Oass

(443) 880-5727 karen.oass@longandfoster.com Long & Foster Real Estate, Inc. License #504976 Listed on: 05/13/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Dawn Stewart

(410) 925-5081 dawn.stewart@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,349

Year Built

  • Built in 1989

Lot Details

  • 1,080 Sq Ft Lot
  • Cleared Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,080 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Window Treatments
  • Window Screens
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Storage Shed

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 321581

Community Details

Overview

  • No Home Owners Association
  • Bay Park Community
  • Caine Woods Subdivision

Security

  • Storm Windows
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,349

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Exhaust Fan(s)
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1989
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Window Treatments
  • Window Features: Screens, Storm
  • Door Features: Storm
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1080
  • Living Area Sq Ft: 1080
  • Price Per Sq Ft: 202.78
  • Above Grade Finished Sq Ft: 1080
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Wood Siding, Stick Built
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1080.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning: R-2
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5424492
  • Tax Annual Amount: 2349.00
  • Assessor Parcel Number: 321581
  • Tax Lot: A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2018
Closed on
Jun 12, 2018
Sold by
Fatula Eugene C and Fatula Joan F
Bought by
Schultz Hash Donald Scott and Schultz Hash Joelle Carlyn
Seller's Agent
Karen Oass
Long & Foster Real Estate, Inc.
Buyer's Agent
Dawn Stewart
Berkshire Hathaway HomeServices PenFed Realty
List Price
$219,000
Sold Price
$205,000
Premium/Discount to List
-$14,000
-6.39%
Current Estimated Value
$362,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,778
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
May 10, 1989
Sold by
Buchanan Developers Inc
Bought by
Fatula Eugene C and Fatula Joan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,300
Interest Rate
10.97%
Source: Public Records

Range of Values:

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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
Schultz Hash Donald Scott $205,000 Broadview Title
Fatula Eugene C $87,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fatula Eugene C $70,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2018 06/12/18 Sold $205,000 -6.4% $190 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/13/2018 05/13/18 For Sale $219,000 -- $203 / 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 $2,811 $205,867 $0 $0
2024 $2,702 $193,633 $0 $0
2023 $2,549 $181,400 $90,700 $90,700
2022 $2,549 $181,400 $90,700 $90,700
2021 $2,563 $181,400 $90,700 $90,700
2020 $2,563 $181,400 $90,700 $90,700
2019 $2,509 $176,367 $0 $0
2018 $2,413 $171,333 $0 $0
2017 $2,361 $166,300 $0 $0
2016 -- $166,300 $0 $0
2015 $2,372 $166,300 $0 $0
2014 $2,372 $171,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001563340

Bright MLS

APN: 10-321581