Seller's Agent in 2023
Katie Quinn
Berkshire Hathaway HomeServices PenFed Realty-WOC
(443) 880-5022
89 in this area
124 Total Sales
Sunset Island 37 Fountain Dr W Unit 4D Ocean City, MD 21842
Estimated Value: $528,004 - $559,000
3
Beds
2
Baths
1,404
Sq Ft
$689/mo
HOA Fee
Highlights
- Beach
- Pier or Dock
- Gated Community
- Ocean City Elementary School Rated A
- Fitness Center
- Clubhouse
About This Home
As of May 2023PRICED WELL BELOW MARKET VALUE to provide new owner with immediate equity to accommodate building improvements that are currently being bid. This large & lovely layout is so welcoming after a long day at the beach. Good size bedrooms & spacious balcony even has a peak of the bay. This unit has a newer HVAC, new washer/dryer/fridge, freshly painted & conveys fully furnished. Sellers only rent prime weeks and still grossed 43k, buyer must honor 2023 season rentals (17k so far). Community amenities include newly renovated clubhouse, indoor and outdoor pools, gated entry, security, bayside beaches, boat slips, fishing piers, fitness center, walking trails, community market & bar and grill with live entertainment. TAKE ADVANTAGE & GET IN THIS AMAZING COMMUNITY AT AN INCREDIBLE PRICE.
Last Agent to Sell the Property
(443) 880-5022 katiesellsoc@gmail.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #656189 Listed on: 03/15/2023
Last Buyer's Agent
(443) 880-5022 katiesellsoc@gmail.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #656189 Listed on: 03/15/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,907
Year Built
- Built in 2006
HOA Fees
Parking
- 1 Off-Street Space
Home Design
- Coastal Architecture
- Entry on the 4th floor
- HardiePlank Type
Interior Spaces
- 1,404 Sq Ft Home
- Property has 4 Levels
- Furnished
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
Additional Features
- Accessible Elevator Installed
- Flood Risk
Listing and Financial Details
- Tax Lot BG4D
- Assessor Parcel Number 2410751586
Community Details
Overview
- $545 Capital Contribution Fee
- Association fees include common area maintenance, exterior building maintenance, management, reserve funds, security gate, snow removal
- Sunset Island HOA
- Low-Rise Condominium
- Sunset Island Community
- Sunset Island Subdivision
- Property Manager
Amenities
- Sauna
- Clubhouse
- 1 Elevator
- Convenience Store
Recreation
- Pier or Dock
- Beach
- Jogging Path
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2023
Closed on
May 5, 2023
Sold by
Edwards Deriek and Wise-Edwards Courtney L
Bought by
Young Reggie and Young Arica
Seller's Agent
Katie Quinn
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Katie Quinn
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$485,000
Sold Price
$460,000
Premium/Discount to List
-$25,000
-5.15%
Views
122
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
$80,501
Avg. Annual Appreciation
6.89%
Original Mortgage
$335,000
Interest Rate
7.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 26, 2021
Sold by
Roloff Edward J and Roloff Mary L
Bought by
Edwards Derick and Wise Edwards Courtney
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 7, 2009
Sold by
Ent Carol
Bought by
Roloff Edward J and Roloff Mary L
Purchase Details
Closed on
Nov 2, 2006
Sold by
Nvr Inc
Bought by
Ent Carol
Purchase Details
Closed on
Sep 18, 2006
Sold by
Nvr Inc
Bought by
Ent Carol
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 |
|---|---|---|---|
| Young Reggie | $460,000 | None Listed On Document | |
| Young Reggie | $460,000 | None Listed On Document | |
| Edwards Derick | $415,000 | Capitol Title Group | |
| Roloff Edward J | $330,000 | -- | |
| Ent Carol | $396,990 | -- | |
| Ent Carol | $396,990 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Young Reggie | $335,000 | |
| Previous Owner | Edwards Derick | $373,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/05/2023 05/05/23 | Sold | $460,000 | -5.2% | $328 / Sq Ft |
| 03/15/2023 03/15/23 | For Sale | $485,000 | -- | $345 / 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 | $5,556 | $448,300 | $0 | $0 |
| 2024 | $5,556 | $398,200 | $0 | $0 |
| 2023 | $4,892 | $348,100 | $174,000 | $174,100 |
| 2022 | $4,892 | $348,100 | $174,000 | $174,100 |
| 2021 | $4,919 | $348,100 | $174,000 | $174,100 |
| 2020 | $4,918 | $348,100 | $174,000 | $174,100 |
| 2019 | $4,918 | $346,700 | $0 | $0 |
| 2018 | $4,863 | $345,300 | $0 | $0 |
| 2017 | $4,577 | $343,900 | $0 | $0 |
| 2016 | -- | $322,367 | $0 | $0 |
| 2015 | $4,549 | $300,833 | $0 | $0 |
| 2014 | $4,549 | $279,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Quinn
About Sunset Island
Map
Source: Bright MLS
MLS Number: MDWO2012674
APN: 10-751586
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