Seller's Agent in 2023
The KNAPP Real Estate Group, LLC.
The Knapp Real Estate Group
(301) 639-7347
2 in this area
25 Total Sales
423 Bayshore Dr Unit 1 Ocean City, MD 21842
Estimated Value: $451,000 - $489,298
3
Beds
2
Baths
1,023
Sq Ft
$468/mo
HOA Fee
Highlights
- 50 Feet of Waterfront
- 1 Dock Slip
- Fishing Allowed
- Ocean City Elementary School Rated A
- Pier or Dock
- Bay View
About This Home
As of June 2023SHOWING START 4/02/23 @12:00PM - Beautiful Direct Bayfront Condo with Boat Slip! Waterfront, south facing condo has been completely renovated! Covered balcony with community yard and gorgeous bay views! 3 BR, 2 Bath condo with upgrades that include . remodeled kitchen w/ Corian counters, renovated bath, new durable flooring, custom sliding barn door, shiplap and more! BOAT DOCK is 28 ft. long by a little under 8 ft wide
Last Agent to Sell the Property
The KNAPP Real Estate Group, LLC.
(301) 639-7347 tinaknapp@allhousesforsale.com The Knapp Real Estate Group License #521533 Listed on: 04/01/2023
Co-Listed By
(301) 401-8765 bobknapp@allhousesforsale.com The Knapp Real Estate Group License #315852
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,984
Year Built
- Built in 1971
Lot Details
- 50 Feet of Waterfront
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- Backs To Open Common Area
- 1 Common Wall
- Side Yard
- Property is in excellent condition
HOA Fees
- $468 Monthly HOA Fees
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,023 Sq Ft Home
- Property has 1 Level
- Traditional Floor Plan
- Furnished
- Wainscoting
- Ceiling Fan
- Window Treatments
- Living Room
- Combination Kitchen and Dining Room
- Bay Views
Kitchen
- Electric Oven or Range
- Built-In Range
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Stacked Electric Washer and Dryer
Parking
- 2 Off-Street Spaces
- On-Street Parking
- Assigned Parking
Outdoor Features
- Canoe or Kayak Water Access
- Private Water Access
- Property near a bay
- Personal Watercraft
- Waterski or Wakeboard
- Sail
- Swimming Allowed
- 1 Dock Slip
- Physical Dock Slip Conveys
- Powered Boats Permitted
- Lake Privileges
- Balcony
- Outdoor Grill
Utilities
- Cooling System Mounted In Outer Wall Opening
- Space Heater
- Vented Exhaust Fan
- Electric Baseboard Heater
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 1
- Assessor Parcel Number 2410055369
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, lawn care rear, lawn care side, pier/dock maintenance, management, reserve funds
- Low-Rise Condominium
- Six West Community
- Property Manager
Amenities
- Common Area
- Community Storage Space
Recreation
- Pier or Dock
- 8 Community Slips
- 8 Community Docks
- Fishing Allowed
Pet Policy
- Pets Allowed
Security
- Fenced around community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2023
Closed on
Jun 15, 2023
Sold by
Caiopoulos James J and Caiopoulos Bonnie L
Bought by
Hicks David Robinson
Seller's Agent
The KNAPP Real Estate Group, LLC.
The Knapp Real Estate Group
Buyer's Agent
Dustin Oldfather
Compass
List Price
$464,990
Sold Price
$445,000
Premium/Discount to List
-$19,990
-4.3%
Views
188
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,825
Avg. Annual Appreciation
2.13%
Original Mortgage
$400,500
Outstanding Balance
$390,402
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$77,423
Purchase Details
Closed on
Nov 12, 1987
Sold by
Beach Anne S
Bought by
Caiopoulos James J and Caiopoulos Bonnie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
10.79%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hicks David Robinson | $445,000 | Capitol Title | |
| Caiopoulos James J | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hicks David Robinson | $400,500 | |
| Previous Owner | Caiopoulos James J | $68,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/15/2023 06/15/23 | Sold | $445,000 | -4.3% | $435 / Sq Ft |
| 05/07/2023 05/07/23 | Pending | -- | -- | -- |
| 04/01/2023 04/01/23 | For Sale | $464,990 | -- | $455 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,874 | $356,967 | $0 | $0 |
| 2024 | $3,967 | $284,333 | $0 | $0 |
| 2023 | $2,984 | $211,700 | $105,800 | $105,900 |
| 2022 | $2,975 | $211,700 | $105,800 | $105,900 |
| 2021 | $2,992 | $211,700 | $105,800 | $105,900 |
| 2020 | $2,991 | $211,700 | $105,800 | $105,900 |
| 2019 | $3,012 | $211,700 | $105,800 | $105,900 |
| 2018 | $2,982 | $211,700 | $105,800 | $105,900 |
| 2017 | $2,990 | $211,700 | $0 | $0 |
| 2016 | -- | $211,700 | $0 | $0 |
| 2015 | $3,143 | $211,700 | $0 | $0 |
| 2014 | $3,143 | $225,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
The KNAPP Real Estate Group, LLC.
-
Robert Knapp
Seller Co-Listing Agent in 2023
Robert Knapp
The Knapp Real Estate Group
(301) 401-8765
2 in this area
25 Total Sales
-
Dustin Oldfather
Buyer's Agent in 2023
Dustin Oldfather
Compass
(302) 249-5899
109 in this area
1,489 Total Sales
-
Jay Doaty
Buyer Co-Listing Agent in 2023
Jay Doaty
Coastal Resort Sales and Rent
(484) 794-1263
13 in this area
101 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2013186
APN: 10-055369
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