NOT LISTED FOR SALE

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

Estimated Value: $1,393,000 - $1,478,000

4 Beds
5 Baths
2,216 Sq Ft
$643/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $485,000 $219 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $8,629/month

About This Home

As of November 2017

Fenwick model Townhome close to Clubhouse and pools. Features 4 BR, 3 full & 2 half baths, 1st floor den/guest BR, bonus morning room & 2 car garage. Spacious open floor plan & tons of natural light. Kitchen has a large island for extra seating, plenty of counter space & storage with modern tile backsplash. Sold fully furnished & move in ready. Great investment or 2nd beach home.

Last Agent to Sell the Property

Luke Reeder

(443) 463-3527 reederfc@gmail.com RE/MAX Advantage Realty License #625355 Listed on: 04/12/2017

Last Buyer's Agent

Jerry Milko

(410) 289-8888 jmilko@holidayoc.com Holiday Real Estate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,220

Year Built

2004

Lot Details

0

Listing Details

  • Building Floors: 4
  • Cross Street: 67
  • Federal Flood Ins: Yes
  • Federal Flood Zone: HOA
  • Public Road: Yes
  • Election District: 10
  • Incorporated City Name: OCEAN CITY
  • Lis Media List: Virtual Tour, Photo
  • Property Type: Residential
  • Public Record Key: 10311154840
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • System Locale: MRIS
  • Status: Closed
  • Number of Levels Including basement: 4
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2004

Interior Features

  • Above Grade Finished Sq Ft: 2216
  • Amenities: Shades / Blinds
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Oven/Range, Refrigerator, Icemaker, Extra Refrigerator/Freezer, Washer, Water Heater
  • Dining Kitchen: Kitchen Island
  • Interior Amenities: Floor Plan-Open
  • Entry Level: Townhouse
  • Main Floor: 0.5 Baths
  • Lower Floor: 1 Bed, 0.5 Baths
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 2

Exterior Features

  • Structure List: Above Grade
  • Exterior: Hardiplank
  • Exterior Features: Multiple Balconies, Outside Shower
  • Foundation: Concrete Piers, Concrete Slab
  • Other Structures: Above Grade

Garage/Parking

  • Parking: Off Site Parking, Garage, Under Home Parking
  • Garage Spaces: 2
  • Garage Type: Attached

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central Air Conditioning, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating: Heat Pump(s)
  • Hot Water: Electric
  • Sewer Septic: Public Sewer
  • Water: Public

Condo/Co-op/Association

  • Condo Co-Op Fee: 509
  • Condo Co-Op Fee Frequency: Annually
  • HOA Fees: 2964
  • HOA Fee Frequency: Annually
  • Condo Co-Op Name: Cas
  • Community Amenities: Club House, Fitness Center, Indoor Pool, Outdoor Pool, Security
  • Total Units: 1
  • Community: SUNSET ISLAND

Schools

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

Lot Info

  • Lot Description: Cleared
  • Lot Number: LUT05
  • Phase: 5
  • Listing Parcel Number: 6684

Rental Info

  • Furnished: Yes

Tax Info

  • Assessment Year: 2017
  • Total Taxes Payment Freq: Annually
  • County Tax Payment Freq: Annually

Multi Family

  • Unit Floors: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2021
Sold by
Hoy Murray K and Hoy Donna L
Bought by
Chisholm John A
Current Estimated Value
$1,425,378

Purchase Details

Closed on
Oct 27, 2010
Sold by
Trapp David P
Bought by
Hoy Murray K and Hoy Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2004
Sold by
Nvr Inc
Bought by
Trapp David P and Trapp Christine

Purchase Details

Closed on
May 17, 2004
Sold by
Sunset Isl & Llc
Bought by
Nvr Inc
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
Chisholm John A $1,150,000 Ocean Investments Title Corp
Hoy Murray K $680,000 --
Trapp David P $930,060 --
Nvr Inc $304,875 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackys Bayside Md Llc $500,000
Previous Owner Hoy Murray K $417,000
Previous Owner Trapp David P $200,000
Previous Owner Trapp David P $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2017 11/29/17 Sold $485,000 -2.8% $219 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $499,000 +2.9% $225 / Sq Ft
07/25/2017 07/25/17 Off Market $485,000 -- --
05/31/2017 05/31/17 Price Changed $499,000 -0.2% $225 / Sq Ft
04/20/2017 04/20/17 Price Changed $499,900 -2.0% $226 / Sq Ft
04/12/2017 04/12/17 For Sale $509,900 -- $230 / 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 $13,220 $1,025,767 $0 $0
2024 $13,220 $947,433 $0 $0
2023 $12,214 $869,100 $406,900 $462,200
2022 $12,124 $862,700 $0 $0
2021 $12,100 $856,300 $0 $0
2020 $11,469 $849,900 $406,900 $443,000
2019 $11,503 $808,600 $0 $0
2018 $10,807 $767,300 $0 $0
2017 $9,759 $726,000 $0 $0
2016 -- $687,433 $0 $0
2015 $9,896 $648,867 $0 $0
2014 $9,896 $610,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luke Reeder

    Seller's Agent in 2017

    Luke Reeder

    RE/MAX

    (443) 463-3527

    202 Total Sales

    Luke Reeder
    Section Image
  • Jerry Milko

    Buyer's Agent in 2017

    Jerry Milko

    Holiday Real Estate

    (410) 289-8888

    Jerry Milko
    Section Image
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Map

Source: Bright MLS

MLS Number: WO9914195

Bright MLS

APN: 10-412439

Maryland Worcester County Ocean City 21842

5 Beach Walk Mews Unit Lut-O, Ocean City, MD

This home is located at 5 Beach Walk Mews Unit Lut-O, Ocean City, MD 21842 since 12 April 2017 and is currently estimated at $1,425,378, approximately $643 per square foot. This property was built in 2004. 5 Beach Walk Mews Unit Lut-O 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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