Seller's Agent in 2021
Adam Roop
EXP Realty, LLC
(410) 603-9600
3 in this area
29 Total Sales
504 Robin Dr Unit 65 Ocean City, MD 21842
Estimated Value: $237,000 - $246,000
1
Bed
1
Bath
396
Sq Ft
$208/mo
HOA Fee
Highlights
- Boat Ramp
- Boat or Launch Ramp
- Canoe or Kayak Water Access
- Ocean City Elementary School Rated A
- Home fronts navigable water
- Penthouse
About This Home
As of May 2021BEST VIEW & LOCATION IN BAYSHORE ESTATES! Want one of Ocean City's best canal view? You got it with this top floor/corner unit condo! Sit on the large deck and watch the boats come and go - it's beautiful!! Lots of fresh air and natural light! This property has had approx $15,000 in recent assessments and upgrades including: brand new ductless HVAC system, new sliding glass door, new decking, new vinyl siding, new gutter system, security camera system and more! All assessments have been paid! Nice and comfortable unit with updated paint, flooring and furnishings (Red couches have been replaced with a nice sectional couch with chaise. Pictures also do not show new couch, ductless HVAC unit and new sliding glass door and window. Please contact your agent for updated photos). Hang out on the community docks and fish right from the docks! Want to hit the beach? Its a quick bike ride or short walk to the beach, restaurants and Jolly Rogers! BayShore Estates is all the way at the end of Robin Drive/28th Street so you're away from the busy highways but close to everything. Purchaser of the condo also gets an assigned storage unit which is on the same floor as the unit for all your beach gear and storage needs. Condo does not come with a boat slip, but the community has a boat ramp where you can pull your boat in and out and some owners with slips rent them out for the season. This property has been used by the family who owns it and they rent it out when they are not using it. It generates approx $15,000-$17,000 in rental income a year and could be higher if you choose to increase the rent. In 2020 they generated $11,000 seasonal rental income on VRBO only (Averaging $149/nte Mon-Wed & $164/nte Thurs-Sun. Rent and available rental days could be increased) and $6,400 in off season rental income ($800/mo & tenant pays the electric bill Oct-May). Condo is currently being rented until May 31st. As of 4/4, 14 days in July have already been rented totaling $2,217 for the new buyers - contact your agent for current booking calendar - additional bookings will continue to be made until sale of property. Condo fee of $625/quarter include hot water, exterior building insurance, cable TV, dock maintenance, trash and landscaping. Don't wait - it's hard to find anything on the water with a view like this for under $200k!
Last Agent to Sell the Property
(410) 603-9600 adam.roop@exprealty.com EXP Realty, LLC Listed on: 04/04/2021
Last Buyer's Agent
(443) 553-9611 hcarrow@psre.com Crown Homes Real Estate License #5004282
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,242
Year Built
- Built in 1969 | Remodeled in 2020
Lot Details
- Home fronts navigable water
- Property is in very good condition
HOA Fees
- $208 Monthly HOA Fees
Home Design
- Penthouse
- Entry on the 3rd floor
- Flat Roof Shape
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 396 Sq Ft Home
- Property has 1 Level
- Furnished
- Ceiling Fan
- Window Treatments
- Open Floorplan
- Carpet
Kitchen
- Galley Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Microwave
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- Parking Lot
- Assigned Parking
Outdoor Features
- Canoe or Kayak Water Access
- Property is near a canal
- Personal Watercraft
- Swimming Allowed
- Boat or Launch Ramp
- Powered Boats Permitted
- Deck
Utilities
- Ductless Heating Or Cooling System
- Electric Baseboard Heater
- Cable TV Available
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 65
- Assessor Parcel Number 10-059402
Community Details
Overview
- Association fees include cable TV, exterior building maintenance, lawn maintenance, management, pier/dock maintenance, trash
- Bayshore Condominium Association
- Low-Rise Condominium
- Bayshore Community
- Bayshore CM Subdivision
- Property Manager
Amenities
- Community Storage Space
Recreation
- Boat Ramp
- Pier or Dock
- Fishing Allowed
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2021
Closed on
May 28, 2021
Sold by
Kimberley Homes Investments Llc
Bought by
Carrow Heather and Tokar Albert
Seller's Agent
Adam Roop
EXP Realty, LLC
Buyer's Agent
Heather Carrow
Crown Homes Real Estate
List Price
$189,900
Sold Price
$187,000
Premium/Discount to List
-$2,900
-1.53%
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
$54,130
Avg. Annual Appreciation
5.96%
Original Mortgage
$168,300
Outstanding Balance
$152,375
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$88,755
Purchase Details
Closed on
Jan 8, 2015
Sold by
Roop Harry R and Roop Kimberley
Bought by
Kimberly Homer Investments Llc
Purchase Details
Closed on
May 26, 2006
Sold by
Lanier Karen J
Bought by
Roop Harry R and Roop Kimberley
Purchase Details
Closed on
May 25, 2006
Sold by
Lanier Karen J
Bought by
Roop Harry R and Roop Kimberley
Purchase Details
Closed on
May 3, 1991
Sold by
Szpara Walter and Szpara Margaret M
Bought by
Currie Helen N
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 |
|---|---|---|---|
| Carrow Heather | $187,000 | Sage Title Group Llc | |
| Kimberly Homer Investments Llc | -- | Mid Atlantic Title & Escrow | |
| Roop Harry R | $140,000 | -- | |
| Roop Harry R | $140,000 | -- | |
| Currie Helen N | $39,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carrow Heather | $168,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/28/2021 05/28/21 | Sold | $187,000 | -1.5% | $472 / Sq Ft |
| 04/13/2021 04/13/21 | Pending | -- | -- | -- |
| 04/04/2021 04/04/21 | For Sale | $189,900 | -- | $480 / 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 | $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 | $1,242 | $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 | $1,544 | $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
-
Adam Roop
-
Heather Carrow
Buyer's Agent in 2021
Heather Carrow
Crown Homes Real Estate
(443) 553-9611
4 in this area
41 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO121402
APN: 10-059402
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