NOT LISTED FOR SALE

425 Robin Dr Unit 203 Ocean City, MD 21842

Estimated Value: $270,000 - $357,000

2 Beds
2 Baths
864 Sq Ft
$183/mo HOA Fee

Last Sold February 21, 2020

Last sale price $157,900 $183 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,960/month

Highlights

  • Home fronts navigable water
  • Water Access
  • Bayside
  • Ocean City Elementary School Rated A
  • Open Floorplan
  • Coastal Architecture

About This Home

As of February 2020

This 2-bedroom 2-bathroom condo with central air and heat is the perfect beach get away and/or rental property. Conveniently located near Jolly Rodgers Amusements, Ocean City Boardwalk, Ocean City Beach, Entertainment, restaurants and public transportation. Being sold fully furnished and ready for the 2020 season. 2019 rental income was 22,000. During the season, 2018 22,000.00 in season and 7500 during the winter. Call for a private showing today!

Last Agent to Sell the Property

Carol Proctor

(443) 567-0650 carol@carolproctor.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288 Listed on: 11/14/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Mandi Gaca

(315) 530-8205 mgmartenson@gmail.com Keller Williams Realty Delmarva License #6697226

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1984

Lot Details

  • Home fronts navigable water
  • Property is in good condition

HOA Fees

  • $183 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 2nd floor
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Dining Area
  • Carpet
  • Flood Lights

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Private Parking
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean

Location

  • Bayside

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 5032
  • Assessor Parcel Number 10-252490

Community Details

Overview

  • Association fees include exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, trash
  • Low-Rise Condominium
  • Built by Eagle's Landing
  • Eagle's Landing Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,572

Year Built

Built in 1984

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Sold fully furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1984
  • Remarks Public: This 2-bedroom 2-bathroom condo with central air and heat is the perfect beach get away and/or rental property. Conveniently located near Jolly Rodgers Amusements, Ocean City Boardwalk, Ocean City Beach, Entertainment, restaurants and public transportation. Being sold fully furnished and ready for the 2020 season. 2019 rental income was 22,000. During the season, 2018 22,000.00 in season and 7500 during the winter. Call for a private showing today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Electric, Exhaust Fan, Microwave, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Tub Shower, Window Treatments
  • Window Features: Double Pane, Insulated, Screens
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Price Per Sq Ft: 182.75
  • Above Grade Finished Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 425

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: Vinyl Siding
  • Exterior Features: Flood Lights, Outside Shower, Sidewalks, Street Lights
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Paved Parking, Private
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 183.34
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Trash
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • 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 Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: R-2
  • In City Limits: Yes

Building Info

  • Builder Name: Eagle's Landing

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 22000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5418342
  • Tax Annual Amount: 1572.00
  • Assessor Parcel Number: 10-252490
  • Tax Lot: 5032
  • Tax Total Finished Sq Ft: 864
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 02/21/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Feb 21, 2020
Sold by
Marzec Ronald A
Bought by
Grella Giovanni M
Seller's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Mandi Gaca
Keller Williams Realty Delmarva
List Price
$159,900
Sold Price
$157,900
Premium/Discount to List
-$2,000
-1.25%
Current Estimated Value
$300,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,383
Avg. Annual Appreciation
12.03%
Original Mortgage
$142,110
Outstanding Balance
$125,828
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$174,455

Purchase Details

Closed on
Sep 22, 1997
Sold by
Drew Kight Michael and Drew Deborah R
Bought by
Marzec Ronald A

Purchase Details

Closed on
Aug 29, 1984
Sold by
Eagle'S Landing Dev Corp
Bought by
Torpey John T and Torpey Janice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,100
Interest Rate
14.36%
Source: Public Records

Range of Values:

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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
Grella Giovanni M $157,900 Real Estate Title & Escrow
Marzec Ronald A $46,500 --
Torpey John T $57,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grella Giovanni M $142,110
Previous Owner Torpey John T $57,100
Closed Marzec Ronald A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $157,900 0.0% $183 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
12/10/2019 12/10/19 Price Changed $157,900 -0.6% $183 / Sq Ft
12/04/2019 12/04/19 Price Changed $158,899 -0.6% $184 / Sq Ft
12/02/2019 12/02/19 Price Changed $159,899 0.0% $185 / Sq Ft
11/14/2019 11/14/19 For Sale $159,900 -- $185 / 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 $2,193 $203,833 $0 $0
2024 $2,193 $157,167 $0 $0
2023 $1,553 $110,500 $55,200 $55,300
2022 $1,553 $110,500 $55,200 $55,300
2021 $1,561 $110,500 $55,200 $55,300
2020 $1,561 $110,500 $55,200 $55,300
2019 $1,560 $109,667 $0 $0
2018 $1,533 $108,833 $0 $0
2017 $1,533 $108,000 $0 $0
2016 -- $108,000 $0 $0
2015 $1,441 $108,000 $0 $0
2014 $1,441 $108,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO110500

Bright MLS

APN: 10-252490