NOT LISTED FOR SALE

421 Bayshore Dr Unit 202 Ocean City, MD 21842

Estimated Value: $419,953 - $483,000

2 Beds
2 Baths
1,000 Sq Ft
$228/mo HOA Fee

Last Sold September 11, 2020

Last sale price $305,000 $305 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,885/month

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • Canoe or Kayak Water Access
  • Bay View

About This Home

As of September 2020

THIS IS THE ONE!! A Direct Bayfront 2BR/2BA with den or home office, an 8,000 lb boat lift, and incredible views of the water. This boutique condo is located on Bayshore Drive in a six unit building. This property is a boater's delight. Keep your boat on your lift that is directly behind the condo where there's deep water and easy access to the inlet. The condo is located on the second floor and has two balconies, one in the front and a large waterfront balcony in back where you can enjoy endless sunsets. As you walk in the front door there is a flex room that could be used as a home office, den or for sleeping. It comes with a fold up murphy bed. The kitchen has upgraded granite countertops and a large pantry. The kitchen flows to the family area and a large deck that overlooks the water. The master bedroom is Bayfront with endless water views and has its own private bath. The second bedroom is large as well and has another full bath. This condo is located close to the boardwalk, shopping and the beach. You will love making endless memories here.

Last Agent to Sell the Property

Nancy Reither

(410) 603-5050 nreither@cbmove.com Coldwell Banker Realty Listed on: 08/05/2020

Coldwell Banker Realty

Last Buyer's Agent

Shawn Kotwica

(724) 840-0572 shawn.kotwica@cbmove.com Coldwell Banker Realty License #653192

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,038

Year Built

  • Built in 1972

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Cleared Lot

HOA Fees

  • $228 Monthly HOA Fees

Property Views

  • Bay
  • Scenic Vista

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Built-Up Roof
  • Masonry
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Personal Watercraft
  • Sail
  • Bulkhead
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Balcony

Location

  • Flood Risk

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 10-055334

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, pier/dock maintenance
  • Low-Rise Condominium
  • Sea Raider Community

Recreation

  • Fishing Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,038

Year Built

Built in 1972

Lot Details

0

HOA Fees

$228 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-08-07
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: THIS IS THE ONE!! A Direct Bayfront 2BR/2BA with den or home office, an 8,000 lb boat lift, and incredible views of the water. This boutique condo is located on Bayshore Drive in a six unit building. This property is a boater's delight. Keep your boat on your lift that is directly behind the condo where there's deep water and easy access to the inlet. The condo is located on the second floor and has two balconies, one in the front and a large waterfront balcony in back where you can enjoy endless sunsets. As you walk in the front door there is a flex room that could be used as a home office, den or for sleeping. It comes with a fold up murphy bed. The kitchen has upgraded granite countertops and a large pantry. The kitchen flows to the family area and a large deck that overlooks the water. The master bedroom is Bayfront with endless water views and has its own private bath. The second bedroom is large as well and has another full bath. This condo is located close to the boardwalk, shopping and the beach. You will love making endless memories here.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 305.00
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 421

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
  • Construction Materials: Masonry, Stucco
  • Roof: Built-Up
  • View: Water, Bay, Scenic Vista
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 685.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pier/Dock Maintenance
  • 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

  • Horses: No
  • Land Use Code: 012
  • Lot Features: Cleared, Bulkheaded
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2020
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5401682
  • Tax Annual Amount: 3038.00
  • Assessor Parcel Number: 10-055334
  • Tax Lot: 202
  • Tax Total Finished Sq Ft: 1000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/11/2020

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Sep 11, 2020
Sold by
Hardy John C and Hardy Tina M
Bought by
Murray Jason E
Seller's Agent
Nancy Reither
Coldwell Banker Realty
Buyer's Agent
Shawn Kotwica
Coldwell Banker Realty
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Current Estimated Value
$449,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,988
Avg. Annual Appreciation
7.88%
Original Mortgage
$274,500
Outstanding Balance
$243,149
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$206,839

Purchase Details

Closed on
Oct 28, 2016
Sold by
Seabenz Llc
Bought by
Hardy John C and Hardy Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2006
Sold by
Martin Fred F and Martin Betty J
Bought by
Seabenz Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2006
Sold by
Coliukos Christie J and Coliukos Carole H
Bought by
Martin Martin Fred F Fred F and Martin Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2006
Sold by
Martin Fred F and Martin Betty J
Bought by
Seabenz Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 1984
Sold by
Smith Craig Mcbride
Bought by
Coliukos Christie J and Coliukos Carole H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
14.29%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Murray Jason E $305,000 Bright Ttl & Stlmt Servicees
Hardy John C $245,000 Acquest Title Services Inc
Seabenz Llc -- --
Martin Martin Fred F Fred F $330,000 --
Seabenz Llc -- --
Martin Martin Fred F Fred F $330,000 --
Coliukos Christie J $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Jason E $274,500
Previous Owner Hardy John C $183,750
Previous Owner Martin Martin Fred F Fred F $87,500
Previous Owner Martin Martin Fred F Fred F $262,500
Previous Owner Martin Martin Fred F Fred F $262,500
Previous Owner Coliukos Christie J $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $305,000 0.0% $305 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
08/09/2020 08/09/20 Price Changed $305,000 +1.7% $305 / Sq Ft
08/05/2020 08/05/20 For Sale $299,900 -- $300 / 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 $3,581 $298,333 $0 $0
2024 $3,581 $256,667 $0 $0
2023 $3,022 $215,000 $107,500 $107,500
2022 $3,022 $215,000 $107,500 $107,500
2021 $3,038 $215,000 $107,500 $107,500
2020 $3,038 $215,000 $107,500 $107,500
2019 $3,044 $214,000 $0 $0
2018 $3,000 $213,000 $0 $0
2017 $3,010 $212,000 $0 $0
2016 -- $212,000 $0 $0
2015 $3,072 $212,000 $0 $0
2014 $3,072 $225,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO115680

Bright MLS

APN: 10-055334