NOT LISTED FOR SALE

401 Sandyhill Dr Ocean City, MD 21842

Estimated Value: $210,081 - $425,000

0.15 Acre
$1,825,133 Price per Acre
6,473 Sq Ft Lot

Last Sold April 06, 2020

Last sale price $132,500

Est. 107% increase in value since last sale

Current estimated payment $1,647/month

Highlights

  • Community Pool
  • Tennis Courts
  • High Speed Internet
  • Ocean City Elementary School Rated A

About This Lot

As of April 2020

This residential building lot is located in the Montego Bay community in North Ocean City which is located between 130th & 135th Street-bayside. The lot is one of the largest (6473 +/-) lots in the community and is zoned for mobile, modular and stick-built (custom-built) construction up to 2 habitable floors. The community features 3 pools, including a wading pool, 2 tennis courts, 2 shuffleboard courts, a 9-hole min. golf course, a pickle ball court, a bayfront boardwalk with 3 fishing piers, a canalfront crabbing area, an 8-acre wildlife sanctuary with a 1/2 mile walking path and a 5-acre open park. Additional amenities include city streets & sidewalks, city water & sewer and city trash collection. The homeowners association dues are just $272.00 a year.

Last Agent to Sell the Property

Michael Grimes

(410) 251-6821 montegomike@verizon.net Montego Bay Realty License #90378 Listed on: 01/20/2017

Last Buyer's Agent

Michael Grimes

(410) 251-6821 montegomike@verizon.net Montego Bay Realty License #90378 Listed on: 01/20/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,562

Lot Details

  • 6,473 Sq Ft Lot
  • Cleared Lot
  • Property is zoned MH DISTRICT

HOA Fees

  • $21 Monthly HOA Fees

Location

  • Flood Risk

Schools

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

Utilities

  • Water Service Lateral Not Installed
  • Lateral or Tap On-Site
  • Municipal Trash
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 849B
  • Assessor Parcel Number 208033

Community Details

Overview

  • Montego Bay Civic Association
  • Montego Bay Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$1,562

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 22.17

Exterior Features

  • Construction Completed: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Lateral/Tap On Site
  • Utilities: Electric Available, Phone Available, Sewer Available, Water Available, Cable Tv Available, Dsl Available
  • Water Sewer Expenses: 124.80
  • Water Source: Public, Lateral Not Installed/Must Tap Off Main
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 247.50
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA Name: MONTEGO BAY CIVIC ASSOCIATION
  • HOA: Yes

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

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.15
  • Lot Dimensions: 52'x92'x82'x101' +/-
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6473.00
  • Possible Use: Residential
  • Zoning: MH DISTRICT
  • Zoning Description: Residential
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5414470
  • Tax Annual Amount: 1561.67
  • Assessor Parcel Number: 208033
  • Tax Lot: 849B
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2017
Closed on
Apr 6, 2020
Sold by
Johnson Richard T and Johnson Joann L
Bought by
Stager Charles Raymond and Sttager Linda Chrsitine
Seller's Agent
Michael Grimes
Montego Bay Realty
Buyer's Agent
Michael Grimes
Montego Bay Realty
List Price
$143,500
Sold Price
$132,500
Premium/Discount to List
-$11,000
-7.67%
Current Estimated Value
$273,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,270
Avg. Annual Appreciation
13.94%

Purchase Details

Listed on
Mar 27, 2013
Closed on
Sep 5, 2013
Sold by
Anthony Constantine A
Bought by
Johnson Richard T and Johnson Joann L
Seller's Agent
Darryl Greer
Resort Homes Real Estate Group
Buyer's Agent
Ronald Kvech
Montego Bay Realty
List Price
$125,000
Sold Price
$113,500
Premium/Discount to List
-$11,500
-9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.38%
Original Mortgage
$102,150
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2000
Sold by
Mann Theodore James
Bought by
Anthony Constantine A

Purchase Details

Closed on
Sep 12, 1988
Sold by
Mann Theodore J and Mann Ursula M
Bought by
Mann Theodore James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
10.53%

Purchase Details

Closed on
Oct 21, 1982
Sold by
Ocean Development Corp
Bought by
Mann Theodore J and Mann Ursula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
14.6%
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
Stager Charles Raymond $132,500 None Available
Johnson Richard T $113,500 None Available
Anthony Constantine A $99,000 --
Mann Theodore James $14,000 --
Mann Theodore J $28,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Richard T $102,150
Previous Owner Mann Theodore James $45,000
Previous Owner Mann Theodore J $26,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2020 04/06/20 Sold $132,500 -7.7% --
03/09/2020 03/09/20 Pending -- -- --
11/13/2018 11/13/18 For Sale $143,500 0.0% --
09/30/2018 09/30/18 Pending -- -- --
01/21/2017 01/21/17 For Sale $143,500 +26.4% --
09/07/2013 09/07/13 Sold $113,500 -9.2% -- View Prior Sale
07/04/2013 07/04/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $125,000 -- --
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 $2,230 $163,333 $0 $0
2024 $1,907 $136,667 $0 $0
2023 $1,546 $110,000 $110,000 $0
2022 $1,546 $110,000 $110,000 $0
2021 $1,554 $110,000 $110,000 $0
2020 $1,554 $110,000 $110,000 $0
2019 $1,565 $110,000 $110,000 $0
2018 $1,549 $110,000 $110,000 $0
2017 $1,562 $110,000 $0 $0
2016 -- $110,000 $0 $0
2015 $1,920 $110,000 $0 $0
2014 $1,920 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001562820

Bright MLS

APN: 10-208033