NOT LISTED FOR SALE

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

Estimated Value: $560,000 - $614,000

3 Beds
2 Baths
1,474 Sq Ft
$691/mo HOA Fee

Last Sold September 23, 2022

Last sale price $550,000 $373 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,234/month

Highlights

  • Beach
  • Pier or Dock
  • Property Fronts a Bay or Harbor
  • Ocean City Elementary School Rated A
  • Private Beach
  • Fitness Center

About This Home

As of September 2022

This is the property you've been waiting for! Enjoy fantastic bay views from your expansive private balcony in the prestigious community of Sunset Island. Step inside to find flowing tile floors, an open concept floor plan, coastal white kitchen with abundant cabinetry and counter space, an island with a breakfast bar, and a pantry closet for added storage. Just off the kitchen is the dining area perfect for entertaining, along with the roomy family room with a gas fireplace. The master suite has private balcony access and enjoys water views, along with a walk-in closet and spa-style bath with his-and-her sinks, soaking tub, and a tile shower. The two guest bedrooms and spacious guest bath offer plenty of room for friends and family. Relax on your private balcony overlooking the water, or take a stroll to the many amenities of Sunset Island: indoor and outdoor pool, food service by the pool, convenience store, private bayfront beach, crabbing pier, walking paths, boat slips available for seasonal rental, and so much more! All of this located in a gated community just a short distance from the beach and the Ocean City Town Center shopping mall! This property is currently a fantastic seasonal rental, so you can step right in to a solid book of business. Schedule your private tour today!

Last Agent to Sell the Property

Rhonda Frick

(302) 236-1456 rhonda@rhondafrick.com Long & Foster Real Estate, Inc. Listed on: 07/15/2022

Long & Foster Real Estate, Inc.

Co-Listed By

Bethany Frick

(302) 519-7476 bethany@rhondafrick.com Long & Foster Real Estate, Inc. License #RS-0022444

Last Buyer's Agent

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #647315

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,489

Year Built

  • Built in 2006

Lot Details

  • Property Fronts a Bay or Harbor
  • Private Beach
  • West Facing Home
  • Sprinkler System
  • Property is in very good condition

HOA Fees

Parking

  • Assigned Parking Garage Space
  • On-Street Parking

Home Design

  • Coastal Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,474 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps
  • Level Entry For Accessibility
  • Low Pile Carpeting

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Balcony
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot BO3C
  • Assessor Parcel Number 2410748216

Community Details

Overview

  • $550 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, management, pier/dock maintenance, pool(s), recreation facility, reserve funds, road maintenance, security gate, water
  • Sunset Island HOA
  • Low-Rise Condominium
  • Garden Condo I Condos
  • Sunset Island Community
  • Sunset Island Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • 1 Elevator
  • Convenience Store

Recreation

  • Pier or Dock
  • Beach
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Jogging Path

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,489

Year Built

Built in 2006

Lot Details

0

HOA Fees

$691 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Accessibility Features: Elevator, Level Entry - Main, Low Pile Carpeting, No Stairs
  • Ownership: Fee Simple
  • Exclusions: Seller to provide list
  • Inclusions: Furniture
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-07-15
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This is the property you've been waiting for! Enjoy fantastic bay views from your expansive private balcony in the prestigious community of Sunset Island. Step inside to find flowing tile floors, an open concept floor plan, coastal white kitchen with abundant cabinetry and counter space, an island with a breakfast bar, and a pantry closet for added storage. Just off the kitchen is the dining area perfect for entertaining, along with the roomy family room with a gas fireplace. The master suite has private balcony access and enjoys water views, along with a walk-in closet and spa-style bath with his-and-her sinks, soaking tub, and a tile shower. The two guest bedrooms and spacious guest bath offer plenty of room for friends and family. Relax on your private balcony overlooking the water, or take a stroll to the many amenities of Sunset Island: indoor and outdoor pool, food service by the pool, convenience store, private bayfront beach, crabbing pier, walking paths, boat slips available for seasonal rental, and so much more! All of this located in a gated community just a short distance from the beach and the Ocean City Town Center shopping mall! This property is currently a fantastic seasonal rental, so you can step right in to a solid book of business. Schedule your private tour today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Breakfast Area, Carpet, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Sprinkler System, Stall Shower, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 1
  • Room Count: 5
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 1474
  • Living Area Sq Ft: 1474
  • Price Per Sq Ft: 373.07
  • Above Grade Finished Sq Ft: 1474
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39

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, Below Grade
  • Construction Materials: Combination
  • Exterior Features: Exterior Lighting, Private Beach, Secure Storage, Sidewalks, Street Lights
  • View: Bay, Water
  • Water Access: No
  • Water Body Name: Assawoman Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage, On Street
  • Parking Garage Number Of Spaces: 2

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
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 3384.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4908.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Garden Condo I
  • HOA Condo Co-Op Amenities: Beach, Club House, Common Grounds, Convenience Store, Elevator, Fitness Center, Gated Community, Hot Tub, Jog/Walk Path, Pier/Dock, Pool - Indoor, Pool - Outdoor, Security, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pier/Dock Maintenance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Security Gate, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: SUNSET ISLAND HOA
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 549.90

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5435614
  • Tax Annual Amount: 4489.00
  • Assessor Parcel Number: 2410748216
  • Tax Lot: BO3C
  • Tax Total Finished Sq Ft: 1474
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/23/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Sep 23, 2022
Sold by
Chapman Thomas
Bought by
Warner Brant L and Warner Derya D
Seller's Agent
Rhonda Frick
Long & Foster Real Estate, Inc.
Buyer's Agent
Dustin Oldfather
Compass
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%
Views
37
Current Estimated Value
$581,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,345
Avg. Annual Appreciation
1.84%
Original Mortgage
$410,000
Outstanding Balance
$392,630
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$188,715

Purchase Details

Listed on
Feb 11, 2019
Closed on
Jul 8, 2019
Sold by
Mcgrath John J and Mcgrath Mary K
Bought by
Chapman Thomas
Seller's Agent
Chris Jett
RE/MAX Advantage Realty
Buyer's Agent
Rhonda Frick
Long & Foster Real Estate, Inc.
List Price
$389,000
Sold Price
$320,000
Premium/Discount to List
-$69,000
-17.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.38%
Original Mortgage
$130,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2006
Sold by
Nvr Inc
Bought by
Mcgrath John J and Mcgrath Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,855
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2006
Sold by
Nvr Inc
Bought by
Mcgrath John J and Mcgrath Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,855
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Warner Brant L $550,000 Capitol Title
Chapman Thomas $320,000 None Available
Mcgrath John J $544,819 --
Mcgrath John J $544,819 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warner Brant L $410,000
Previous Owner Chapman Thomas $130,000
Previous Owner Mcgrath John J $435,855
Previous Owner Mcgrath John J $435,855
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2022 09/23/22 Sold $550,000 0.0% $373 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $549,900 +71.8% $373 / Sq Ft
07/08/2019 07/08/19 Sold $320,000 -17.7% $217 / Sq Ft View Prior Sale
05/24/2019 05/24/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $389,000 -- $264 / 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 $5,389 $454,700 $0 $0
2024 $5,389 $386,200 $0 $0
2023 $4,465 $317,700 $158,800 $158,900
2022 $4,465 $317,700 $158,800 $158,900
2021 $4,489 $317,700 $158,800 $158,900
2020 $4,489 $317,700 $158,800 $158,900
2019 $4,506 $317,700 $158,800 $158,900
2018 $4,475 $317,700 $158,800 $158,900
2017 $4,778 $356,700 $0 $0
2016 -- $336,533 $0 $0
2015 $4,599 $316,367 $0 $0
2014 $4,599 $296,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2009002

Bright MLS

APN: 10-748216