NOT LISTED FOR SALE

323 S Bay Dr Unit B Ocean City, MD 21842

Estimated Value: $357,721 - $407,000

2 Beds
2.5 Baths
1,104 Sq Ft
$342/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $236,000 $214 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,257/month

Highlights

  • Wood Flooring
  • Courtyard Views
  • Property is in very good condition
  • Ocean City Elementary School Rated A
  • Central Air
  • 2-minute walk to Gorman Avenue Park

About This Home

As of July 2020

Don't miss out on this amazing townhome/duplex that backs up to Gorman Ave Park. Enjoy the park view while sitting on the new deck, beautiful landscaping, Hardwood floor in the living room. Very quiet neighborhood just blocks from the beach.

Last Agent to Sell the Property

Kimberly McGuigan

(443) 496-1446 kimberlymcguigan@gmail.com Shore Results Realty Listed on: 03/09/2020

Last Buyer's Agent

Lynette Bridges-Catha

(443) 497-3128 smilin4shore@comcast.net Hileman Real Estate Inc-Salisbury License #RS0019451

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,339

Year Built

  • Built in 1992

Lot Details

  • Property is in very good condition

Home Design

  • Semi-Detached or Twin Home
  • Side-by-Side
  • Wood Siding

Interior Spaces

  • 1,104 Sq Ft Home
  • Property has 2 Levels
  • Courtyard Views
  • Laundry on upper level

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Property has a Home Owners Association
  • Park Place II Community
  • Caine Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-338069

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,339

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: See inventory addendum. Not fully furnished.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile, Partially Carpeted
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1104
  • Living Area Sq Ft: 1104
  • Price Per Sq Ft: 220.11
  • Above Grade Finished Sq Ft: 1104
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • View: Courtyard
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot, On Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5425696
  • Tax Annual Amount: 2339.00
  • Assessor Parcel Number: 10-338069
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Jul 27, 2020
Sold by
Linnehan James William and The Linnehan Family Trust
Bought by
Hammen Kate
Seller's Agent
Kimberly McGuigan
Shore Results Realty
Buyer's Agent
Lynette Bridges-Catha
Hileman Real Estate Inc-Salisbury
List Price
$255,000
Sold Price
$236,000
Premium/Discount to List
-$19,000
-7.45%
Current Estimated Value
$377,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,430
Avg. Annual Appreciation
9.34%
Original Mortgage
$212,400
Outstanding Balance
$188,414
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$189,016

Purchase Details

Closed on
May 9, 2013
Sold by
Linnehan James William and Linnehan Jeannene
Bought by
Linnehan James William and Linnehan Jeannene Katherine

Purchase Details

Closed on
Feb 27, 1992
Sold by
Buchanan Developers Inc
Bought by
Linnehan James and Linnehan Jeannene
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
Hammen Kate $236,000 Mid Atlantic T&E Co Inc
Linnehan James William -- None Available
Linnehan James $98,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammen Kate $212,400
Closed Hammen Kate $212,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2020 07/27/20 Sold $236,000 -2.9% $214 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/08/2020 06/08/20 Price Changed $243,000 -4.7% $220 / Sq Ft
03/09/2020 03/09/20 For Sale $255,000 -- $231 / 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 $3,387 $248,000 $0 $0
2024 $2,886 $206,800 $0 $0
2023 $2,327 $165,600 $82,800 $82,800
2022 $2,327 $165,600 $82,800 $82,800
2021 $2,340 $165,600 $82,800 $82,800
2020 $2,340 $165,600 $82,800 $82,800
2019 $2,356 $165,600 $82,800 $82,800
2018 $2,332 $165,600 $82,800 $82,800
2017 $2,351 $165,600 $0 $0
2016 -- $165,600 $0 $0
2015 $2,279 $165,600 $0 $0
2014 $2,279 $165,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly McGuigan

    Seller's Agent in 2020

    Kimberly McGuigan

    Shore Results Realty

    (443) 496-1446

    23 in this area

    67 Total Sales

    Kimberly McGuigan
    Section Image
  • Lynette Bridges-Catha

    Buyer's Agent in 2020

    Lynette Bridges-Catha

    Hileman Real Estate Inc-Salisbury

    (443) 497-3128

    14 in this area

    78 Total Sales

    Lynette Bridges-Catha
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO112772

Bright MLS

APN: 10-338069

Maryland Worcester County Ocean City 21842

323 S Bay Dr Unit B, Ocean City, MD

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