NOT LISTED FOR SALE

505B Edgewater Ave Ocean City, MD 21842

Ocean City Area

Estimated Value: $1,028,195

4 Beds
3.5 Baths
1,932 Sq Ft
$532/Sq Ft Est. Value

Sale Details

Date Sold: July 9, 2021

Last sale price $860,000 $445 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,409 / mo

2 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Home fronts navigable water
  • Private Beach
  • Ocean City Elementary School Rated A
  • Access to Tidal Water
  • 5-minute walk to 3rd Street Playground

About This Home

As of July 2021

NO CONDO FEES, Here’s a unique opportunity to own an awesome townhome directly on the Bayfront on Edgewater Ave. Located between 5th and 6th streets this gem won’t last long. This 4 bed 3 ½ bath unit is indeed a rare find. It features a gas fireplace for those chilly evenings cozying up on the Bayfront. It also has a one car garage with ample private parking for two more vehicles. Pride of ownership shows in this home; it shows like new. Don’t miss this one.

Last Agent to Sell the Property

Troy Doyle

(443) 552-7579 joe@coastallifeoc.com Coastal Life Realty Group LLC Listed on: 06/07/2021

Last Buyer's Agent

Katie Quinn

(410) 520-2600 ocwest@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #656189

Berkshire Hathaway HomeServices PenFed Realty-WOC

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,042

Year Built

  • Built in 2011

Lot Details

  • 3,250 Sq Ft Lot
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Private Beach
  • Landscaped

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Bay
  • Panoramic

Home Design

  • Semi-Detached or Twin Home
  • Coastal Architecture
  • Entry on the 1st floor
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,932 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Electric Fireplace
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Motion Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Bathroom

Laundry

  • Front Loading Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Powered Boats Permitted
  • Multiple Balconies
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • 60+ Gallon Tank
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 10-768558

Community Details

Recreation

  • Fishing Allowed

Additional Features

  • No Home Owners Association
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,042

Year Built

Built in 2011

Lot Details

3,250 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Exclusions: High Top Table w/3 Stools, Chest In Hallway, Personal Items
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-06-23
  • Federal Flood Zone: Yes
  • Year Built: 2011
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Front Loading, Oven/Range - Gas, Stainless Steel Appliances, Washer
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Eat-In, Primary Bedroom - Bay Front, Primary Bath(s)
  • Fireplace Features: Gas/Propane, Electric, Fireplace - Glass Doors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1932
  • Living Area Sq Ft: 1932
  • Price Per Sq Ft: 439.91
  • Above Grade Finished Sq Ft: 1932
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting, Outside Shower, Private Beach, Street Lights
  • Roof: Shingle
  • View: Bay, Panoramic, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: Assawoman
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Motion Detectors, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaping
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3250.00
  • Outdoor Living Structures: Balconies- Multiple
  • Zoning: R-2
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 8373511
  • Tax Annual Amount: 7042.00
  • Assessor Parcel Number: 10-768558
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 9, 2021
Sold by
Harenza James A and Harenza Jill B
Bought by
Seller's Agent
Troy Doyle
Coastal Life Realty Group LLC
Buyer's Agent
Katie Quinn
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$849,900
Sold Price
$860,000
Premium/Discount to List
$10,100
1.19%
Current Estimated Value
$1,028,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,195
Avg. Annual Appreciation
3.50%
Original Mortgage
$688,000
Outstanding Balance
$609,850
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$418,345

Purchase Details

Closed on
Apr 16, 2015
Sold by
505 B Edgewater Avenue Llc
Bought by
Harenza James A and Harenza Jill B

Purchase Details

Closed on
Jul 5, 2014
Sold by
B Edgewater Avenue Llc
Bought by
Wyatt David Mitchell and Wyatt Tiffanyb

Purchase Details

Closed on
Oct 29, 2013
Sold by
Seaflare Llc
Bought by
Wyatt David Mitchell and Wyatt Tiffany B
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ocean City, MD

  • Tim Arnett Real Estate Agent - ERA Martin Associates

    Tim Arnett

    ERA Martin Associates

    (667) 303-1431

    137 Total Sales

    4 in Ocean City

    $30K - $350K Price Range

    Tim Arnett
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  • Marco Smith Real Estate Agent - Worthington Realty Group, LLC

    Marco Smith

    Worthington Realty Group, LLC

    (443) 727-1736

    114 Total Sales

    2 in Ocean City

    $235K - $310K Price Range

    Marco Smith
     Section Image
  • Joyce Melbourne Husman Real Estate Agent - Berkshire Hathaway HomeServices PenFed Realty - OP

    Joyce Melbourne Husman

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (667) 230-5612

    27 Total Sales

    17 in Ocean City

    $339K - $1.7M Price Range

    Joyce Melbourne Husman
     Section Image
  • Alex Monsalve Real Estate Agent - Realty Of America, LLC

    Alex Monsalve

    Responds Quickly

    Realty Of America, LLC

    (833) 432-5202

    17 Total Sales

    1 in Ocean City

    $559,990 Price

    Alex Monsalve
     Section Image
  • Liz Keyser Real Estate Agent - LPT Realty, LLC

    Liz Keyser

    LPT Realty, LLC

    (667) 270-8279

    109 Total Sales

    3 in Ocean City

    $230K - $490K Price Range

    Liz Keyser
     Section Image
  • Trent Gladstone Real Estate Agent - The KW Collective

    Trent Gladstone

    The KW Collective

    (667) 218-4642

    264 Total Sales

    2 in Ocean City

    $375K - $530K Price Range

    Trent Gladstone
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$860,000 Capitol Title Group
Harenza James A $535,000 None Available
Wyatt David Mitchell -- None Available
Wyatt David Mitchell -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $688,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $860,000 +1.2% $445 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $849,900 -- $440 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,499 $680,700 $365,600 $315,100
2025 $8,499 $622,400 $0 $0
2024 $7,871 $564,100 $0 $0
2023 $7,108 $505,800 $365,600 $140,200
2022 $7,074 $503,333 $0 $0
2021 $6,557 $500,867 $0 $0
2020 $6,316 $498,400 $365,600 $132,800
2019 $6,316 $474,300 $0 $0
2018 $6,017 $450,200 $0 $0
2017 $6,049 $426,100 $0 $0
2016 -- $426,100 $0 $0
2015 -- $426,100 $0 $0
2014 -- $457,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Troy Doyle Real Estate Agent - Coastal Life Realty Group LLC

    Seller's Agent in 2021

    Troy Doyle

    Coastal Life Realty Group LLC

    (410) 726-9391

    33 Total Sales

    Troy Doyle
    Section Image
  • Katie Quinn Real Estate Agent - Berkshire Hathaway HomeServices PenFed Realty-WOC

    Buyer's Agent in 2021

    Katie Quinn

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    (443) 880-5022

    99 Total Sales

    Katie Quinn
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO122960

Bright MLS

APN: 10-768558

Maryland Worcester County Ocean City 21842

505B Edgewater Ave, Ocean City, MD

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