NOT LISTED FOR SALE

39 Fountain Dr W Unit 3a Ocean City, MD 21842

Estimated Value: $573,794 - $824,000

3 Beds
2 Baths
1,500 Sq Ft
$630/mo HOA Fee

Last Sold September 15, 2017

Last sale price $390,000 $260 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,636/month

Highlights

  • 1 Boat Dock
  • Pier or Dock
  • Water Access
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Private Beach Club

About This Home

As of September 2017

Best Views on the Island! Never rented, bay-front home features unobstructed & spectacular views of the Assawoman Bay, Ocean City Skyline, summer sunsets and even a glimpse of the Atlantic Ocean! Located in the private community of Sunset Island and directly overlooking Hidden Cove Beach, this home boasts tasteful decor and furniture throughout, crown molding, gas fireplace, tres ceiling in the Master Bedroom, walk-in closet, and ''spa'' inspired master bath! Relax on the spacious balcony on warm summer nights and hear the sound of the waves lapping on the shoreline, or stroll along the clam shell walking trails around the island. Sunset Island offers world class amenities including indoor/outdoor pools, fitness center, restaurant, private beaches, corner store, and more! MUST SEE!!!

Last Agent to Sell the Property

Chris Jett

(443) 523-2360 chris@shore4u.com RE/MAX Advantage Realty License #RS-0019287 Listed on: 06/26/2017

RE/MAX Advantage Realty

Co-Listed By

Terry Riley

(443) 880-0512 terry@sunsetisland.net RE/MAX Advantage Realty

RE/MAX Advantage Realty

Last Buyer's Agent

Terry Riley

(443) 880-0512 terry@sunsetisland.net RE/MAX Advantage Realty

RE/MAX Advantage Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,924

Year Built

  • Built in 2006

Lot Details

  • Home fronts navigable water
  • East Facing Home
  • Sprinkler System
  • Cleared Lot

HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Chair Railings
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Bay Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Handicap Parking
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property near a bay
  • 1 Boat Dock
  • Balcony
  • Storage Shed
  • Porch

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
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot BO3A
  • Assessor Parcel Number 748194

Community Details

Overview

  • 1 Elevator
  • Cas HOA
  • Low-Rise Condominium
  • Sunset Island Subdivision

Amenities

  • Clubhouse

Recreation

  • Pier or Dock
  • Private Beach Club
  • Community Playground
  • Fitness Center
  • Community Indoor Pool

Security

  • Security Service
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,924

Year Built

Built in 2006

Lot Details

0

HOA Fees

$630 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: Personal Items, all items marked w/ blue tape, all contents of 3rd bedroom
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Remarks Public: Best Views on the Island! Never rented, bay-front home features unobstructed & spectacular views of the Assawoman Bay, Ocean City Skyline, summer sunsets and even a glimpse of the Atlantic Ocean! Located in the private community of Sunset Island and directly overlooking Hidden Cove Beach, this home boasts tasteful decor and furniture throughout, crown molding, gas fireplace, tres ceiling in the Master Bedroom, walk-in closet, and ''spa'' inspired master bath! Relax on the spacious balcony on warm summer nights and hear the sound of the waves lapping on the shoreline, or stroll along the clam shell walking trails around the island. Sunset Island offers world class amenities including indoor/outdoor pools, fitness center, restaurant, private beaches, corner store, and more! MUST SEE!!!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Icemaker, Refrigerator, Washer
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Chair Railings, Crown Moldings, Upgraded Countertops, Sprinkler System, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Living Area Units: Square Feet
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 292.67
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Fiber Cement, Stick Built
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Roof: Metal
  • View: Bay, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Water Frontage Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Off Street, Under Home Parking, Assigned, Handicap Parking
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 926.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 2964.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4596.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach Club, Club House, Pier/Dock, Exercise Room, Pool - Indoor, Pool - Outdoor, Tot Lots/Playground, Security
  • HOA Name: CAS
  • HOA: Yes
  • Community Pool Features: Indoor

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared, Corner
  • Outdoor Living Structures: Balcony, Porch(es)
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5435612
  • Assessor Parcel Number: 748194
  • Tax Lot: BO3A
  • County Tax Payment Frequency: Annually
  • Close Date: 09/15/2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Sep 15, 2017
Sold by
Judy James A and Judy Nancy N
Bought by
Moreland Stephen Mark and Moreland Cheryl Ann
Seller's Agent
Chris Jett
RE/MAX Advantage Realty
Buyer's Agent
Terry Riley
RE/MAX Advantage Realty
List Price
$439,000
Sold Price
$390,000
Premium/Discount to List
-$49,000
-11.16%
Current Estimated Value
$662,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,449
Avg. Annual Appreciation
6.79%
Original Mortgage
$351,000
Outstanding Balance
$293,110
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$369,339

Purchase Details

Closed on
Jan 30, 2007
Sold by
Lloyd Bryan M
Bought by
Judy James A and Judy Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,200
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2007
Sold by
Lloyd Bryan M
Bought by
Judy James A and Judy Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,200
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2006
Sold by
Nvr Inc
Bought by
Lloyd Bryan M and Lloyd Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,286
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2006
Sold by
Nvr Inc
Bought by
Lloyd Bryan M and Lloyd Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,286
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage
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
Moreland Stephen Mark $390,000 Ocean Investment Title Corp
Judy James A $509,000 --
Judy James A $509,000 --
Lloyd Bryan M $535,874 --
Lloyd Bryan M $535,874 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreland Stephen Mark $351,000
Previous Owner Judy James A $407,200
Previous Owner Judy James A $407,200
Previous Owner Lloyd Bryan M $482,286
Previous Owner Lloyd Bryan M $482,286
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $390,000 -11.2% $260 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $439,000 -- $293 / 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 $5,924 $479,233 $0 $0
2024 $5,924 $424,567 $0 $0
2023 $5,214 $369,900 $184,900 $185,000
2022 $5,198 $369,900 $184,900 $185,000
2021 $5,227 $369,900 $184,900 $185,000
2020 $5,225 $369,900 $184,900 $185,000
2019 $5,225 $368,400 $0 $0
2018 $5,168 $366,900 $0 $0
2017 $4,896 $365,400 $0 $0
2016 -- $344,867 $0 $0
2015 $4,692 $324,333 $0 $0
2014 $4,692 $303,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000516454

Bright MLS

APN: 10-748194