Seller's Agent in 2024
Deeley Chester
Coastal Life Realty Group LLC
(443) 235-1375
43 in this area
129 Total Sales
4302 Coastal Hwy Ocean City, MD 21842
Estimated Value: $530,000 - $932,000
3
Beds
2
Baths
1,248
Sq Ft
$532/Sq Ft
Est. Value
Highlights
- Water Oriented
- Coastal Architecture
- Heat Pump System
- Ocean City Elementary School Rated A
- No HOA
About This Home
As of June 2024Step into the perfect coastal retreat with this charming 3-bedroom, 2-bathroom beach house just a block from the ocean. As you approach, the property welcomes you with its inviting facade, adorned with coastal-inspired details that set the tone for a relaxed and laid-back lifestyle.The three bedrooms are filled with natural light, creating cozy sanctuaries where you can unwind after a day at the beach. The coastal design elements, such as light colors and beach-inspired decor, enhance the overall ambiance, bringing the soothing essence of the ocean indoors.What truly sets this beach house apart is the finished loft area, a versatile space that opens up possibilities for your unique needs. Whether you envision it as an additional bedroom, a home office with a view, or a creative retreat, the loft area adds an extra layer of charm and functionality to the property.As you step outside, a fully fenced-in yard awaits, offering a private oasis where you can bask in the coastal sunshine. This outdoor space provides an ideal setting for gatherings with friends and family, or simply enjoying the sea breeze in solitude. Don't miss the opportunity to make this charming coastal retreat your own – a place where every day feels like a vacation. This could be a great vacation home or beach rental. Rental income potential of $50k+***This property can be combined with 4306 Coastal Hwy and additional lot- please refer to MLS listing MDWO2007424***
Last Agent to Sell the Property
(443) 235-1375 Deeley@westocrealestate.com Coastal Life Realty Group LLC License #611703 Listed on: 04/29/2022
Last Buyer's Agent
(443) 235-8382 joewilsonsells@gmail.com Coastal Life Realty Group LLC License #633148
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,748
Year Built
- Built in 1959
Lot Details
- 3,575 Sq Ft Lot
- Property is zoned R-3
Home Design
- Coastal Architecture
- Frame Construction
Interior Spaces
- 1,248 Sq Ft Home
- Property has 2.5 Levels
Bedrooms and Bathrooms
Parking
- 2 Parking Spaces
- Private Parking
Outdoor Features
- Water Oriented
- Property is near an ocean
Additional Features
- Flood Risk
- Heat Pump System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 2410067308
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2022
Closed on
Jun 3, 2024
Sold by
Eschenburg John B and Eschenburg Susan R
Bought by
Sieg William E and Sieg Katie Wear
Seller's Agent
Deeley Chester
Coastal Life Realty Group LLC
Buyer's Agent
Joseph Wilson
Coastal Life Realty Group LLC
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%
Views
820
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
$123,336
Avg. Annual Appreciation
15.83%
Purchase Details
Closed on
Nov 7, 2005
Sold by
43Rd Street Llc
Bought by
Eschenburg Eschenburg John B John B and Eschenburg Susan H
Purchase Details
Closed on
Mar 1, 2005
Sold by
Eschenburg John B and Eschenburg Susan R
Bought by
43Rd Street Llc
Purchase Details
Closed on
Nov 25, 1988
Sold by
Chrest Charles L and Chrest Lillian J
Bought by
Eschenburg John B and Eschenburg Susan R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
10.39%
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 |
|---|---|---|---|
| Sieg William E | $540,000 | Ocean Investments Title | |
| Eschenburg Eschenburg John B John B | -- | -- | |
| 43Rd Street Llc | -- | -- | |
| Eschenburg John B | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Eschenburg John B | $200,000 | |
| Closed | 43Rd Street Llc | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/03/2024 06/03/24 | Sold | $540,000 | -9.8% | $433 / Sq Ft |
| 01/22/2024 01/22/24 | Price Changed | $599,000 | 0.0% | $480 / Sq Ft |
| 01/22/2024 01/22/24 | For Sale | $599,000 | +10.9% | $480 / Sq Ft |
| 11/14/2023 11/14/23 | Off Market | $540,000 | -- | -- |
| 11/01/2023 11/01/23 | Price Changed | $1,080,000 | -0.9% | $865 / Sq Ft |
| 09/20/2023 09/20/23 | Price Changed | $1,090,000 | -0.9% | $873 / Sq Ft |
| 04/25/2023 04/25/23 | For Sale | $1,100,000 | +103.7% | $881 / Sq Ft |
| 04/23/2023 04/23/23 | Off Market | $540,000 | -- | -- |
| 04/29/2022 04/29/22 | For Sale | $1,100,000 | -- | $881 / 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 | $5,189 | $380,000 | $0 | $0 |
| 2024 | $5,001 | $358,400 | $0 | $0 |
| 2023 | $4,748 | $336,800 | $268,100 | $68,700 |
| 2022 | $4,717 | $335,633 | $0 | $0 |
| 2021 | $4,726 | $334,467 | $0 | $0 |
| 2020 | $4,709 | $333,300 | $268,100 | $65,200 |
| 2019 | $4,602 | $323,500 | $0 | $0 |
| 2018 | $4,418 | $313,700 | $0 | $0 |
| 2017 | $4,293 | $303,900 | $0 | $0 |
| 2016 | -- | $303,900 | $0 | $0 |
| 2015 | $5,549 | $303,900 | $0 | $0 |
| 2014 | $5,549 | $305,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Deeley Chester
-
Joseph Wilson
Buyer's Agent in 2024
Joseph Wilson
Coastal Life Realty Group LLC
(443) 235-8382
173 in this area
268 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2007426
APN: 10-067308
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