NOT LISTED FOR SALE

504 Robin Dr Unit 55 Ocean City, MD 21842

Estimated Value: $231,000 - $258,090

1 Bed
1 Bath
504 Sq Ft
$208/mo HOA Fee

Last Sold December 20, 2021

Last sale price $212,500 $422 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,647/month

Highlights

  • 15 Feet of Waterfront
  • Boat Ramp
  • Canal View
  • Ocean City Elementary School Rated A
  • 1 Dock Slip
  • Main Floor Bedroom

About This Home

As of December 2021

Rare find!  Prime location in Ocean City, Maryland! Enjoy the best of both worlds! Convenient first floor condo with direct walk-out access to a deeded boat slip (#32), and perfect central location offers a short walk or bike ride to the beach, boardwalk, restaurants, bars, and entertainment such as Jolly Rogers Amusement & Water Park.
Enjoy the beautiful views of the water and sunsets!  There is also a private boat ramp for Bayshore owners and renters to use that makes dropping your boat or jet skis into the water a breeze.
Condo boasts new ductless heating & cooling mini-slit, new vinyl plank flooring, new sliding glass doors with internal mini-blinds, new refrigerator, fully furnished, & plenty of natural light. Recent building renovations include new siding, soffit, gutters, windows, LED lighting, vinyl railings, landscaping, and building security cameras & system.
It would make an excellent home for a family, second home getaway at the beach, or could be a great rental property! There is an assigned storage closet for your beach & boating gear and storage needs within the building. Quarterly condo fees include cable, water, common area maintenance, building flood/wind/hazard insurance, and city water & trash fees. Seller will pay remaining balance of special assessment with an acceptable offer.

Last Agent to Sell the Property

Celeste Dodson

(443) 235-3834 Ceyainoc@comcast.net Berkshire Hathaway HomeServices PenFed Realty-WOC License #576050 Listed on: 08/18/2021

Berkshire Hathaway HomeServices PenFed Realty-WOC

Last Buyer's Agent

Pamela Price

(302) 846-0200 pamprice@remax.net Berkshire Hathaway HomeServices PenFed Realty - OP

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,266

Year Built

  • Built in 1969

Lot Details

  • 15 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Property is in very good condition

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 504 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Paneling
  • Ceiling Fan
  • Vinyl Flooring
  • Canal Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property is near a canal
  • Bulkhead
  • Physical Dock Slip Conveys
  • 1 Dock Slip

Location

  • Flood Risk

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 55
  • Assessor Parcel Number 10-059461

Community Details

Overview

  • Association fees include cable TV, common area maintenance, exterior building maintenance, insurance, management, pier/dock maintenance, reserve funds, water
  • Low-Rise Condominium
  • Bayshore CM Condos
  • Bayshore Community
  • Non Development Subdivision
  • Property Manager

Amenities

  • Laundry Facilities

Recreation

  • Boat Ramp

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,266

Year Built

Built in 1969

Lot Details

0

HOA Fees

$208 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
  • Historic: No
  • Home Warranty: No
  • Inclusions: Boat slip 32 - Tax ID - 10-399203 Fully furnished as shown
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1969
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Rare find!  Prime location in Ocean City, Maryland! Enjoy the best of both worlds! Convenient first floor condo with direct walk-out access to a deeded boat slip (#32), and perfect central location offers a short walk or bike ride to the beach, boardwalk, restaurants, bars, and entertainment such as Jolly Rogers Amusement & Water Park. Enjoy the beautiful views of the water and sunsets!  There is also a private boat ramp for Bayshore owners and renters to use that makes dropping your boat or jet skis into the water a breeze. Condo boasts new ductless heating & cooling mini-slit, new vinyl plank flooring, new sliding glass doors with internal mini-blinds, new refrigerator, fully furnished, & plenty of natural light. Recent building renovations include new siding, soffit, gutters, windows, LED lighting, vinyl railings, landscaping, and building security cameras & system. It would make an excellent home for a family, second home getaway at the beach, or could be a great rental property! There is an assigned storage closet for your beach & boating gear and storage needs within the building. Quarterly condo fees include cable, water, common area maintenance, building flood/wind/hazard insurance, and city water & trash fees. Seller will pay remaining balance of special assessment with an acceptable offer.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator, Disposal
  • Entry Floor: 1
  • Flooring Type: Vinyl
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom
  • Fireplace: No
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Slab
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 504
  • Living Area Sq Ft: 504
  • Price Per Sq Ft: 446.23
  • Above Grade Finished Sq Ft: 504
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 504

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Roof: Asphalt
  • Spa: No
  • View: Canal, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 15

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 625.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Bayshore CM
  • HOA Condo Co-Op Amenities: Boat Ramp, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pier/Dock Maintenance, Reserve Funds, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation 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
  • 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
  • Lot Features: Bulkheaded
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5402021
  • Tax Annual Amount: 1266.14
  • Assessor Parcel Number: 10-059461
  • Tax Lot: 55
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/20/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Dec 20, 2021
Sold by
Schreiner Catherine R
Bought by
Showacre Fred H
Seller's Agent
Celeste Dodson
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Pamela Price
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$249,900
Sold Price
$212,500
Premium/Discount to List
-$37,400
-14.97%
Current Estimated Value
$241,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,773
Avg. Annual Appreciation
3.40%
Original Mortgage
$170,000
Outstanding Balance
$156,081
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$85,192

Purchase Details

Closed on
Jan 18, 2019
Sold by
Kozlowski Linda M
Bought by
Schreiner Catherine R

Purchase Details

Closed on
Nov 8, 2014
Sold by
Schafer Teresa C and Ochafer Edward O
Bought by
Kozlowski Joseph C and Kozlowski Linda M
Source: Public Records

Range of Values:

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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
Showacre Fred H $212,500 Sage Title Group Llc
Showacre Fred H $212,500 New Title Company Name
Schreiner Catherine R $80,000 None Available
Kozlowski Joseph C $102,000 Brennan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Showacre Fred H $170,000
Closed Showacre Fred H $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $212,500 -5.5% $422 / Sq Ft
10/27/2021 10/27/21 Price Changed $224,900 -4.3% $446 / Sq Ft
09/21/2021 09/21/21 Price Changed $234,900 -6.0% $466 / Sq Ft
08/18/2021 08/18/21 For Sale $249,900 -- $496 / 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 $1,924 $182,800 $0 $0
2024 $1,924 $137,900 $0 $0
2023 $1,307 $93,000 $46,500 $46,500
2022 $1,283 $91,300 $0 $0
2021 $1,266 $89,600 $0 $0
2020 $1,183 $87,900 $43,900 $44,000
2019 $1,183 $83,133 $0 $0
2018 $1,104 $78,367 $0 $0
2017 $1,045 $73,600 $0 $0
2016 -- $73,600 $0 $0
2015 $1,544 $73,600 $0 $0
2014 $1,544 $103,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2001512

Bright MLS

APN: 10-059461