NOT LISTED FOR SALE

415 Bayshore Dr Unit 2A Ocean City, MD 21842

Estimated Value: $490,000 - $562,000

2 Beds
2 Baths
1,120 Sq Ft
$167/mo HOA Fee

Last Sold July 13, 2018

Last sale price $320,000 $286 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,342/month

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Bay View
  • Ocean City Elementary School Rated A
  • Water Access
  • Contemporary Architecture

About This Home

As of July 2018

Small Updated Bayfront Building Facing South with Boat Slip ( Slip is last slip to left looking toward bay) 2nd Floor East End Unit w/ VIEWS only some can dream about. Deep Water Boat Slip. Outside storage.

Last Agent to Sell the Property

Jamie Caine

(410) 726-0725 jamiecocmd@gmail.com Coldwell Banker Realty License #52321 Listed on: 04/01/2018

Coldwell Banker Realty

Last Buyer's Agent

Karen Staskey

(443) 944-4478 karen.staskey@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #651580

Berkshire Hathaway HomeServices PenFed Realty-WOC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,690

Year Built

  • Built in 1972

Lot Details

  • Home fronts navigable water
  • South Facing Home

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Block Foundation
  • Built-Up Roof
  • Stick Built Home
  • Masonry

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Bay Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property near a bay
  • Bulkhead
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Balcony
  • Storage Shed

Location

  • Flood Risk

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 110 Volts
  • Electric Water Heater

Community Details

  • Association fees include insurance
  • Low-Rise Condominium
  • Port Of Call Community

Listing and Financial Details

  • Tax Lot 5482
  • Assessor Parcel Number 10-055393

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,690

Year Built

Built in 1972

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat, Contemporary
  • Ownership: Condominium
  • Exclusions: Wall Hangings, Master Head Board and Bed.Sm Side Table and Round Bookcase table
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Remarks Public: Small Updated Bayfront Building Facing South with Boat Slip ( Slip is last slip to left looking toward bay) 2nd Floor East End Unit w/ VIEWS only some can dream about. Deep Water Boat Slip. Outside storage.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Icemaker, Washer
  • Entry Floor: 2
  • Interior Amenities: Window Treatments, Ceiling Fan(s)
  • Window Features: Screens
  • Foundation Details: Block
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 294.55
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 415

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, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Masonry, Concrete, Stick Built
  • Construction Completed: No
  • Roof: Built-Up
  • View: Bay, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Water Frontage Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 110 Volts
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 375.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2000.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Insurance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

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
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Bulkheaded
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2017
  • Zoning: R-2
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5401688
  • Tax Annual Amount: 2690.00
  • Assessor Parcel Number: 10-055393
  • Tax Lot: 5482
  • Tax Total Finished Sq Ft: 1120
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/13/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2018
Closed on
Jul 13, 2018
Sold by
Stewart Michael R and Stewart Carol K
Bought by
Thompson Joseph R and Thompson Donna M
Seller's Agent
Jamie Caine
Coldwell Banker Realty
Buyer's Agent
Karen Staskey
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Current Estimated Value
$518,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,328
Avg. Annual Appreciation
6.83%
Original Mortgage
$240,000
Outstanding Balance
$207,996
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$310,332

Purchase Details

Closed on
Apr 26, 2006
Sold by
Kelly Frank X
Bought by
Stewart Michael R and Stewart Carol K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 17, 2006
Sold by
Kelly Frank X
Bought by
Stewart Michael R and Stewart Carol K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 15, 2003
Sold by
Blackwell Evelyn For Life
Bought by
Kelly Kelly Frank X Frank X and Kelly Dorothy M
Source: Public Records

Range of Values:

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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
Thompson Joseph R $320,000 Capitol Title Ins Agency Inc
Stewart Michael R $415,000 --
Stewart Michael R $415,000 --
Kelly Kelly Frank X Frank X $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Joseph R $240,000
Previous Owner Stewart Michael R $41,500
Previous Owner Stewart Michael R $332,000
Previous Owner Stewart Michael R $332,000
Closed Kelly Kelly Frank X Frank X --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $320,000 -3.0% $286 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $329,900 -- $295 / 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 $5,480 $401,333 $0 $0
2024 $4,793 $343,467 $0 $0
2023 $4,014 $285,600 $142,800 $142,800
2022 $4,014 $285,600 $142,800 $142,800
2021 $4,036 $285,600 $142,800 $142,800
2020 $4,035 $285,600 $142,800 $142,800
2019 $3,612 $253,867 $0 $0
2018 $3,129 $222,133 $0 $0
2017 $2,703 $190,400 $0 $0
2016 -- $190,400 $0 $0
2015 $3,024 $190,400 $0 $0
2014 $3,024 $201,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamie Caine

    Seller's Agent in 2018

    Jamie Caine

    Coldwell Banker Realty

    (410) 726-0725

    168 in this area

    251 Total Sales

    Jamie Caine
    Section Image
  • Karen Staskey

    Buyer's Agent in 2018

    Karen Staskey

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    (443) 944-4478

    29 in this area

    35 Total Sales

    Karen Staskey
    Section Image
  • Linda Moran

    Buyer Co-Listing Agent in 2018

    Linda Moran

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    (443) 614-2261

    30 in this area

    68 Total Sales

    Linda Moran
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001561962

Bright MLS

APN: 10-055393

Maryland Worcester County Ocean City 21842

415 Bayshore Dr Unit 2A, Ocean City, MD

This home is located at 415 Bayshore Dr Unit 2A, Ocean City, MD 21842 since 01 April 2018 and is currently estimated at $518,328, approximately $462 per square foot. This property was built in 1972. 415 Bayshore Dr Unit 2A is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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