NOT LISTED FOR SALE

418 Nautical Ln Ocean City, MD 21842

Estimated Value: $565,000 - $640,000

3 Beds
2 Baths
-- Sq Ft
3,600 Sq Ft Lot

Last Sold May 19, 2022

Last sale price $535,000

Est. 10% increase in value since last sale

Current estimated payment $3,635/month

Highlights

  • New Construction
  • Rambler Architecture
  • More Than Two Accessible Exits
  • Ocean City Elementary School Rated A
  • Community Pool
  • Central Air

About This Home

As of May 2022

Brand New Stick Built Rancher located in the highly sought after community of Montego Bay.
This beautiful new home will feature many interior upgrades including Samsung stainless steel appliances, Granite kitchen counters, white shaker style kitchen cabinets, ceramic tile/glass backsplash, brushed nickel hardware throughout, 2 panel interior doors, 5-1/4" base trim, ceiling fans in all bedrooms and a 72" ceiling fan in living area, Luxury Vinyl Plank flooring throughout, matching Granite bathroom vanity tops, ceramic tile showers, and a full size Samsung washer and dryer (white). Exterior of the home will have 5" lap Monogram vinyl siding in Sterling Gray, GAF Charcoal Gray shingles, white Viwinco windows with grills, Trex maintenance free decking in Clamshell, white vinyl railings and white exterior lighting.
Montego Bay community amenities include 2 inground swimming pools, 1 kiddie pool, 2 tennis courts, a shuffleboard court, a 9 hole mini-golf course, a community fishing/crabbing area, an 8 acre wildlife sanctuary/park area with a large pond and a blacktop walking/jogging trail, and a bayfront boardwalk with 3 fishing/crabbing piers...all for a low hoa fee of $360.00 a year!

Last Agent to Sell the Property

Bill Rothstein

(443) 280-2530 montegobayrealty@aol.com Montego Bay Realty License #636931 Listed on: 04/28/2022

Last Buyer's Agent

Jim Stephens

(410) 440-4191 jim@jimstephens.com EXP Realty, LLC License #RS-0093970

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,554

Lot Details

  • 3,600 Sq Ft Lot
  • Lot Dimensions are 40 x 90
  • Property is in excellent condition
  • Property is zoned TR

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • New Construction
  • Rambler Architecture
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 1032B
  • Assessor Parcel Number 2410195462

Community Details

Overview

  • Montego Bay Civic Association, Phone Number (410) 250-3080
  • Montego Bay Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,554

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Expected On Market: 2022-05-01
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

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: Block, Stick Built, Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 360.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: MONTEGO BAY CIVIC ASSOCIATION
  • HOA Phone: 410-250-3080
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 40 x 90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3600.00
  • Property Condition: Excellent
  • Zoning: TR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5413352
  • Tax Annual Amount: 1554.00
  • Assessor Parcel Number: 2410195462
  • Tax Lot: 1032B
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 19, 2022
Sold by
Robert Shipley
Bought by
Capallo Deborah A
Seller's Agent
Bill Rothstein
Montego Bay Realty
Buyer's Agent
Jim Stephens
EXP Realty, LLC
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Current Estimated Value
$587,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,512
Avg. Annual Appreciation
2.74%

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 9, 2021
Sold by
Evans Estelle Joan and Hohman Lorraine Jan
Bought by
Shipley Robert and Miller Shirley
Seller's Agent
Bill Rothstein
Montego Bay Realty
Buyer's Agent
Bill Rothstein
Montego Bay Realty
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
228.32%

Purchase Details

Closed on
Jan 28, 2010
Sold by
Malczewski Wanda
Bought by
Evans Estelle J and Holma Lorriane J

Purchase Details

Closed on
Nov 12, 2004
Sold by
Malczewski W
Bought by
Wanda Malczewski and Life For

Purchase Details

Closed on
Sep 1, 2004
Sold by
Malczewski W
Bought by
Wanda Malczewski and Life For

Purchase Details

Closed on
Jun 21, 1999
Sold by
Roveti Jamie B and Roveti Charles P
Bought by
Malczewski Leonard Joseph

Purchase Details

Closed on
Oct 7, 1997
Sold by
Kroupa Madeline A
Bought by
Roveti Jamie B and Roveti Charles P
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
Capallo Deborah A $535,000 Fidelity National Title
Shipley Robert $175,000 None Available
Evans Estelle J $42,000 --
Wanda Malczewski -- --
Malczewski Wanda -- --
Wanda Malczewski -- --
Malczewski Wanda -- --
Malczewski Leonard Joseph $65,500 --
Roveti Jamie B $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Roveti Jamie B --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2022 05/19/22 Sold $535,000 +1.9% --
04/28/2022 04/28/22 For Sale $525,000 +200.0% --
06/09/2021 06/09/21 Sold $175,000 0.0% -- View Prior Sale
04/23/2021 04/23/21 For Sale $175,000 -- --
04/22/2021 04/22/21 Pending -- -- --
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 $6,173 $452,067 $0 $0
2024 $5,254 $376,533 $0 $0
2023 $4,230 $301,000 $110,000 $191,000
2022 $4,176 $297,167 $0 $0
2021 $1,554 $110,000 $110,000 $0
2020 $1,565 $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 $2,036 $110,000 $0 $0
2014 $2,036 $126,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2005888

Bright MLS

APN: 10-195462