NOT LISTED FOR SALE

5 Beach Walk Ln Unit Lut-O Ocean City, MD 21842

Estimated Value: $771,688 - $854,000

4 Beds
5 Baths
2,216 Sq Ft
$371/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $480,000 $217 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,502/month

Highlights

  • Pier or Dock
  • Fitness Center
  • Clubhouse
  • Ocean City Elementary School Rated A
  • Bay View
  • Main Floor Bedroom

About This Home

As of November 2017

Fenwick model Town Home with extended kitchen close to Clubhouse and pools. Shows as 5 BR, 3 full & 2 half baths, 1st floor guest bedroom/den & 2 car garage. Spacious open floor plan and tons of natural light beam throughout the 2nd floor living areas. Kitchen features a large island for extra seating, plenty of counter space & storage, and modern tiled back splash. Bay views can be seen from the balcony right off the living room. Sold fully furnished and move in ready including grill, bikes, beach carts, chairs, boogie boards....etc. Sunset Island World Class Amenities Available Year Round featuring clubhouse, indoor and outdoor pools, fitness center, security, private beaches, boat slips, community marketplace, restaurant and so much more. Best Buy!!!

Last Agent to Sell the Property

Chris Jett

(443) 523-2360 chris@shore4u.com RE/MAX Advantage Realty License #RS-0019287 Listed on: 09/19/2017

RE/MAX Advantage Realty

Last Buyer's Agent

SHERRY DARE

(410) 422-2207 sherryoc@gmail.com RE/MAX Advantage Realty License #307004

RE/MAX Advantage Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,792

Year Built

  • Built in 2004

Lot Details

  • Sprinkler System
  • Cleared Lot

HOA Fees

Parking

  • 2 Car Attached Garage
  • Handicap Parking
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 2,216 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Bay Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Porch

Location

  • Flood Risk

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 426235

Community Details

Overview

  • Cas HOA
  • Sunset Island Subdivision

Amenities

  • Clubhouse

Recreation

  • Pier or Dock
  • Community Playground
  • Fitness Center
  • Community Indoor Pool

Security

  • Security Service
  • Storm Doors
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,792

Year Built

Built in 2004

Lot Details

0

HOA Fees

$508 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Condominium
  • Exclusions: Personal Items/ Exclusion list
  • Federal Flood Insurance: Yes
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Remarks Public: Fenwick model Town Home with extended kitchen close to Clubhouse and pools. Shows as 5 BR, 3 full & 2 half baths, 1st floor guest bedroom/den & 2 car garage. Spacious open floor plan and tons of natural light beam throughout the 2nd floor living areas. Kitchen features a large island for extra seating, plenty of counter space & storage, and modern tiled back splash. Bay views can be seen from the balcony right off the living room. Sold fully furnished and move in ready including grill, bikes, beach carts, chairs, boogie boards....etc. Sunset Island World Class Amenities Available Year Round featuring clubhouse, indoor and outdoor pools, fitness center, security, private beaches, boat slips, community marketplace, restaurant and so much more. Best Buy!!!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Icemaker, Refrigerator, Washer
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Upgraded Countertops, Sprinkler System, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments
  • Window Features: Insulated, Screens
  • Door Features: Storm
  • Foundation Details: Slab
  • Floors In Unit Count: 4
  • Levels Count: 3+
  • Living Area Units: Square Feet
  • Total Sq Ft: 2216
  • Living Area Sq Ft: 2216
  • Price Per Sq Ft: 220.67
  • Above Grade Finished Sq Ft: 2216
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Fiber Cement, Stick Built
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Roof: Metal
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Off Street, Under Home Parking, Handicap Parking
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 1307.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 2964.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3126.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Club House, Pier/Dock, Exercise Room, Pool - Indoor, Pool - Outdoor, Tot Lots/Playground, Security
  • HOA Name: CAS
  • HOA: Yes
  • Community Pool Features: Indoor

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: Cleared
  • Outdoor Living Structures: Balcony, Porch(es)
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5431888
  • Assessor Parcel Number: 426235
  • County Tax Payment Frequency: Annually
  • Close Date: 11/29/2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2017
Closed on
Nov 29, 2017
Sold by
Reeder Kevin and Reeder Tammi L
Bought by
Crockett Christine M
Seller's Agent
Chris Jett
RE/MAX Advantage Realty
Buyer's Agent
SHERRY DARE
RE/MAX Advantage Realty
List Price
$499,900
Sold Price
$480,000
Premium/Discount to List
-$19,900
-3.98%
Current Estimated Value
$821,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,922
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Nov 15, 2005
Sold by
Boisvert David H
Bought by
Reeder Kevin and Reeder Tammi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2005
Sold by
Boisvert David H
Bought by
Reeder Kevin and Reeder Tammi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2004
Sold by
Nvr Inc
Bought by
Boisvert David H
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Crockett Christine M -- None Available
Reeder Kevin $615,000 --
Reeder Kevin $615,000 --
Boisvert David H $575,560 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reeder Kevin $315,000
Previous Owner Reeder Kevin $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2017 11/29/17 Sold $480,000 -1.8% $217 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
10/13/2017 10/13/17 Price Changed $489,000 -2.2% $221 / Sq Ft
09/19/2017 09/19/17 For Sale $499,900 -- $226 / 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 $7,792 $614,567 $0 $0
2024 $7,792 $558,433 $0 $0
2023 $7,080 $502,300 $251,100 $251,200
2022 $7,059 $502,300 $251,100 $251,200
2021 $7,098 $502,300 $251,100 $251,200
2020 $7,218 $520,000 $260,000 $260,000
2019 $7,240 $508,900 $0 $0
2018 $7,011 $497,800 $0 $0
2017 $6,742 $486,700 $0 $0
2016 -- $474,900 $0 $0
2015 $5,469 $463,100 $0 $0
2014 $5,469 $451,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001202880

Bright MLS

APN: 10-426235