NOT LISTED FOR SALE

423 Bayshore Dr Unit 4 Ocean City, MD 21842

Estimated Value: $461,000 - $521,000

3 Beds
2 Baths
1,023 Sq Ft
$351/mo HOA Fee

Last Sold November 17, 2017

Last sale price $280,012 $274 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,387/month

Highlights

  • 1 Boat Dock
  • Home fronts navigable water
  • Bay View
  • Ocean City Elementary School Rated A
  • Water Access
  • Deck

About This Home

As of November 2017

Beautiful Bayfront 3 bedroom unit on 2nd floor being sold fully furnished. Kitchen and baths updated, wood floors, and a boat slip.Extra large deck to enjoy the fabulous views and rear deck allows access to the boat dock and the water. If you want the best view in town, this is it!

Last Agent to Sell the Property

Cynthia Hollowell

(410) 829-7724 chollowell@cbmove.com Coldwell Banker Realty License #619974 Listed on: 09/10/2017

Coldwell Banker Realty

Last Buyer's Agent

Cynthia Hollowell

(410) 829-7724 chollowell@cbmove.com Coldwell Banker Realty License #619974 Listed on: 09/10/2017

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,874

Year Built

  • Built in 1971

HOA Fees

  • $351 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Built-Up Roof
  • Metal Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,023 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Bay Views
  • Stacked Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Water Access
  • Property near a bay
  • Bulkhead
  • 1 Boat Dock
  • Balcony
  • Deck

Schools

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

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Home fronts navigable water
  • Flood Risk

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 055849

Community Details

Overview

  • Low-Rise Condominium
  • Six West Community

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,874

Year Built

Built in 1971

Lot Details

0

HOA Fees

$351 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
  • Exclusions: see list
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Exhaust Fan(s),Window A/C Unit(s)
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1971
  • Remarks Public: Beautiful Bayfront 3 bedroom unit on 2nd floor being sold fully furnished. Kitchen and baths updated, wood floors, and a boat slip.Extra large deck to enjoy the fabulous views and rear deck allows access to the boat dock and the water. If you want the best view in town, this is it!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Icemaker, Refrigerator, Washer/Dryer Stacked
  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Upgraded Countertops, Window Treatments, Entry Level Bedroom
  • Window Features: Screens
  • Door Features: Storm
  • Foundation Details: Pilings
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Living Area Units: Square Feet
  • Total Sq Ft: 1023
  • Living Area Sq Ft: 1023
  • Price Per Sq Ft: 293.16
  • Above Grade Finished Sq Ft: 1023
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 423

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Metal Siding, 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

  • Assigned Spaces Count: 1
  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Electric
  • 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: 4208.84
  • Condo Co-Op Fee Frequency: Annually
  • HOA: 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
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Bulkheaded
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5401729
  • Assessor Parcel Number: 055849
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Close Date: 11/17/2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2017
Closed on
Nov 17, 2017
Sold by
Mickle Paul F and Mickle Jennifer L
Bought by
Wrighton Robert W
Seller's Agent
Cynthia Hollowell
Coldwell Banker Realty
Buyer's Agent
Cynthia Hollowell
Coldwell Banker Realty
List Price
$299,900
Sold Price
$280,012
Premium/Discount to List
-$19,888
-6.63%
Current Estimated Value
$501,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,461
Avg. Annual Appreciation
7.61%
Original Mortgage
$210,009
Outstanding Balance
$176,256
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$325,217

Purchase Details

Closed on
Jun 30, 2004
Sold by
Pennington Neil
Bought by
Mickle Mickle Paul F Paul F and Mickle Jennifer L

Purchase Details

Closed on
Apr 16, 1997
Sold by
Heldreth Leo M
Bought by
Pennington Neil

Purchase Details

Closed on
Jan 6, 1981
Sold by
I W Long & Son Inc
Bought by
Heldreth Leo M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
14.95%
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
Wrighton Robert W $280,012 None Available
Mickle Mickle Paul F Paul F $320,000 --
Pennington Neil $100,000 --
Heldreth Leo M $35,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wrighton Robert W $210,009
Previous Owner Heldreth Leo M $20,000
Closed Pennington Neil --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $280,012 -6.6% $274 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
09/10/2017 09/10/17 For Sale $299,900 -- $293 / 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 $4,874 $356,967 $0 $0
2024 $3,968 $284,333 $0 $0
2023 $2,975 $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

  • Cynthia Hollowell

    Seller's Agent in 2017

    Cynthia Hollowell

    Coldwell Banker Realty

    (410) 829-7724

    16 in this area

    38 Total Sales

    Cynthia Hollowell
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000517734

Bright MLS

APN: 10-055849

Maryland Worcester County Ocean City 21842

423 Bayshore Dr Unit 4, Ocean City, MD

This home is located at 423 Bayshore Dr Unit 4, Ocean City, MD 21842 since 10 September 2017 and is currently estimated at $501,473, approximately $490 per square foot. This property was built in 1971. 423 Bayshore Dr Unit 4 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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