NOT LISTED FOR SALE

411 Bayshore Dr Unit 102 Ocean City, MD 21842

Estimated Value: $459,688 - $547,000

2 Beds
2 Baths
1,000 Sq Ft
$300/mo HOA Fee

Last Sold September 24, 2018

Last sale price $295,000 $295 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,337/month

Highlights

  • 50 Feet of Waterfront
  • 1 Dock Slip
  • Traditional Floor Plan
  • Ocean City Elementary School Rated A
  • Water Oriented
  • Baseboard Heating

About This Home

As of September 2018

Boat slip and magnificent sunsets with wide open views on the bay side. Just walk right in and it's ready for the new owners.Sellers have put in lots of new goodies for the buyers to enjoy. The condo is in very nice condition. All furnishings convey.Listing agent is part owner and sister of the other sellers and sad to be leaving. Great neighbors

Last Agent to Sell the Property

Aliki Nearing

(301) 580-0484 alikinearing@comcast.net Anne Arundel Properties, Inc. Listed on: 06/14/2018

Last Buyer's Agent

Brenda Benton

(410) 262-4287 realestaeet@yahoo.com Shoreline Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,783

Year Built

  • Built in 1970

Lot Details

  • 50 Feet of Waterfront
  • Property is in very good condition

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Block Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Dining Area

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Outdoor Features

  • Water Oriented
  • Property near a bay
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Storage Shed

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 2410048052

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, pier/dock maintenance, reserve funds, trash
  • Low-Rise Condominium
  • South Bay I Community

Recreation

  • Boat Dock
  • Pier or Dock

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,783

Year Built

Built in 1970

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furniture Conveys
  • New Construction: No
  • Story List: Main
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Dining Area, Primary Bath(s), Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: 1st Floor
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 298.00
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Concrete
  • Dock Type: Single Slip
  • Water Access: No
  • Water Body Name: ISLE OF WIGHT BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 50

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1800.00
  • Condo Co-Op Fee Frequency: Semi-Annually
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Pier/Dock Maintenance, Reserve Funds, Trash
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 115000.00
  • Land Assessed Value: 115000.00
  • Property Condition: Very Good
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5401103
  • Tax Annual Amount: 2782.82
  • Assessor Parcel Number: 2410048052
  • Tax Lot: 102
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: Assigned
  • Waterfront Features: Private Dock Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2019
Sold by
Scott Pitts Jason
Bought by
Pitts Living Trust
Current Estimated Value
$495,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2018
Closed on
Sep 24, 2018
Sold by
Nearing Aliki M and Beahler John L
Bought by
Pitts Jason Scott
Seller's Agent
Aliki Nearing
Anne Arundel Properties, Inc.
Buyer's Agent
Brenda Benton
Shoreline Properties
List Price
$308,000
Sold Price
$295,000
Premium/Discount to List
-$13,000
-4.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$236,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2014
Sold by
Beahler Electra C
Bought by
Beahler John L and Beahler Electra C
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
Pitts Living Trust -- Cerroni Joseph A
Pitts Jason Scott $295,000 None Available
Beahler John L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pitts Living Trust $240,000
Previous Owner Pitts Jason Scott $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2018 09/24/18 Sold $295,000 -1.0% $295 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
07/13/2018 07/13/18 Price Changed $298,000 -3.2% $298 / Sq Ft
06/15/2018 06/15/18 For Sale $308,000 +4.4% $308 / Sq Ft
06/15/2018 06/15/18 Off Market $295,000 -- --
06/14/2018 06/14/18 For Sale $308,000 -- $308 / 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 $5,257 $385,000 $0 $0
2024 $4,535 $325,000 $0 $0
2023 $3,724 $265,000 $132,500 $132,500
2022 $3,560 $253,333 $0 $0
2021 $3,415 $241,667 $0 $0
2020 $3,106 $230,000 $115,000 $115,000
2019 $3,115 $219,000 $0 $0
2018 $2,930 $208,000 $0 $0
2017 $2,797 $197,000 $0 $0
2016 -- $197,000 $0 $0
2015 $3,168 $197,000 $0 $0
2014 $3,168 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Aliki Nearing

    Anne Arundel Properties, Inc.

    Section Image
  • Brenda Benton

    Buyer's Agent in 2018

    Brenda Benton

    Shoreline Properties

    (410) 262-4287

    7 in this area

    30 Total Sales

    Brenda Benton
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001868682

Bright MLS

APN: 10-048052

Maryland Worcester County Ocean City 21842

411 Bayshore Dr Unit 102, Ocean City, MD

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