Seller's Agent in 2020
Christine Tobelmann
Long & Foster
(610) 316-4456
8 in this area
124 Total Sales
504 Seaweed Ln Unit EC2 Ocean City, MD 21842
Estimated Value: $299,000 - $317,000
2
Beds
2
Baths
832
Sq Ft
$117/mo
HOA Fee
Highlights
- Attic
- Furnished
- Balcony
- Ocean City Elementary School Rated A
- Cottage
- Eat-In Kitchen
About This Home
As of November 2020Are you ready for your own Beach Home? Popular Caine Woods Development. Well maintained 2nd Floor 2 bedroom, 2 full bathrooms condo. Walking distance to Harpoon Hanna's, other restaurants and shopping, plus 5 blocks +/- to the beach. Low quarterly Condo fees, and low taxes. Storage shed for all of your beach chairs and sand toys, 2 assigned parking spaces, and street parking right in front of condo. Condo is being sold fully furnished, bring your shorts, swim suit and flip flops and get ready to enjoy the good life.
Last Agent to Sell the Property
(610) 316-4456 ctobes24@gmail.com Long & Foster Real Estate, Inc. Listed on: 10/08/2020
Last Buyer's Agent
(443) 373-8399 melsellsthebeaches@gmail.com Coastal Life Realty Group LLC
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,374
Year Built
- Built in 1992
Lot Details
- Property is in very good condition
HOA Fees
- $117 Monthly HOA Fees
Home Design
- Cottage
- Entry on the 2nd floor
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 832 Sq Ft Home
- Property has 2 Levels
- Furnished
- Ceiling Fan
- Living Room
- Crawl Space
- Eat-In Kitchen
- Laundry Room
- Attic
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- 2 Off-Street Spaces
- On-Street Parking
- 2 Assigned Parking Spaces
Outdoor Features
- Balcony
- Storage Shed
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- Oyster Bay HOA
- Low-Rise Condominium
- Oyster Bay Villas Community
- Oyster Bay Villas Subdivision
Listing and Financial Details
- Tax Lot E
- Assessor Parcel Number 10-339707
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2020
Closed on
Nov 13, 2020
Sold by
Franciscus James Walter
Bought by
Lam Scott and Lam Angela
Seller's Agent
Christine Tobelmann
Long & Foster Real Estate, Inc.
Buyer's Agent
Melanie Shoff
Coastal Life Realty Group LLC
List Price
$200,000
Sold Price
$201,000
Premium/Discount to List
$1,000
0.5%
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
$106,541
Avg. Annual Appreciation
8.95%
Original Mortgage
$160,800
Outstanding Balance
$143,089
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$164,452
Purchase Details
Closed on
Dec 23, 2009
Sold by
Franciscus James Walter
Bought by
Franciscus James Walter
Purchase Details
Closed on
Feb 22, 2005
Sold by
Scott Salley
Bought by
Walter Franciscus James and Franciscus Maxine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 18, 2005
Sold by
Scott Salley
Bought by
Walter Franciscus James and Franciscus Maxine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2000
Sold by
Ottinger Warren F
Bought by
Salley Scott and Salley Susan
Purchase Details
Closed on
May 6, 1999
Sold by
Moor William A and Moor Stacie C
Bought by
Ottinger Warren F
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 |
|---|---|---|---|
| Lam Scott | $201,000 | None Available | |
| Franciscus James Walter | -- | -- | |
| Walter Franciscus James | $247,500 | -- | |
| Walter Franciscus James | $247,500 | -- | |
| Salley Scott | $91,500 | -- | |
| Ottinger Warren F | $82,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lam Scott | $160,800 | |
| Previous Owner | Walter Franciscus James | $235,000 | |
| Previous Owner | Walter Franciscus James | $235,000 | |
| Closed | Salley Scott | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2020 11/13/20 | Sold | $201,000 | +0.5% | $242 / Sq Ft |
| 10/08/2020 10/08/20 | Pending | -- | -- | -- |
| 10/08/2020 10/08/20 | For Sale | $200,000 | -- | $240 / 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 | $3,416 | $250,133 | $0 | $0 |
| 2024 | $2,917 | $209,067 | $0 | $0 |
| 2023 | $2,361 | $168,000 | $84,000 | $84,000 |
| 2022 | $2,361 | $168,000 | $84,000 | $84,000 |
| 2021 | $2,374 | $168,000 | $84,000 | $84,000 |
| 2020 | $2,374 | $168,000 | $84,000 | $84,000 |
| 2019 | $2,390 | $168,000 | $84,000 | $84,000 |
| 2018 | $2,366 | $168,000 | $84,000 | $84,000 |
| 2017 | $2,385 | $168,000 | $0 | $0 |
| 2016 | -- | $168,000 | $0 | $0 |
| 2015 | $2,696 | $168,000 | $0 | $0 |
| 2014 | $2,696 | $183,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Tobelmann
-
Melanie Shoff
Buyer's Agent in 2020
Melanie Shoff
Coastal Life Realty Group LLC
(443) 373-8399
123 in this area
228 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO117460
APN: 10-339707
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