NOT LISTED FOR SALE

507 Robin Dr Ocean City, MD 21842

Estimated Value: $259,000 - $296,000

2 Beds
1 Bath
792 Sq Ft
305 Sq Ft Lot

Sale Details

Date Sold: May 17, 2021

Last sale price $183,000 $231 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,060 / mo

3 Days on Market

Highlights

  • Water Oriented
  • Coastal Architecture
  • Community Pool
  • Ocean City Elementary School Rated A
  • Furnished
  • Central Heating and Cooling System

About This Home

As of May 2021

Just In Time For Summer! Walk In & Be Drawn By It's Unique Charm! Furnished Move-In-Ready Corner-Unit With Extra Side Windows for Additional Natural Light. Tile Flooring Throughout the Kitchen, Living Room, Dining Room and Bathroom. Eagle Bay is a Very Well-Maintained 15-Unit building with a Pool and Walking Distance To Numerous Great Bars, Restaurants, Amusements and the Ocean City Boardwalk!

Last Agent to Sell the Property

Nicholas Preziosi

(410) 524-1700 nicholas.preziosi@gmail.com Long & Foster Real Estate, Inc. License #RS-0038512 Listed on: 04/12/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Shawn Kotwica

(443) 856-2211 shawn.kotwica@cbmove.com Coldwell Banker Realty License #653192

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 1972

Lot Details

  • 305

HOA Fees

  • $394 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 2nd floor
  • Stick Built Home

Interior Spaces

  • 792 Sq Ft Home
  • Property has 1 Level
  • Furnished

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Outdoor Features

  • Water Oriented
  • Property near a bay

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 10-058597

Community Details

Overview

  • Association fees include all ground fee, exterior building maintenance, insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, parking fee, pool(s), reserve funds
  • Low-Rise Community
  • Eagle Bay Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,834

Year Built

Built in 1972

Lot Details

305 Sq Ft Lot

HOA Fees

$394 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Condominium
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 792
  • Living Area Sq Ft: 792
  • Price Per Sq Ft: 233.46
  • Above Grade Finished Sq Ft: 792
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Stick Built
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1183.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Parking Fee, Pool(s), Reserve Funds
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1834.00
  • Assessor Parcel Number: 10-058597
  • Tax Lot: 201
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 17, 2021
Sold by
Schap William J and Schap Pamela
Bought by
Unal Timur Gokhan and Unal Gamze
Seller's Agent
Nicholas Preziosi
Long & Foster Real Estate, Inc.
Buyer's Agent
Shawn Kotwica
Coldwell Banker Realty
List Price
$184,900
Sold Price
$183,000
Premium/Discount to List
-$1,900
-1.03%
Current Estimated Value
$269,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,751
Avg. Annual Appreciation
8.21%
Original Mortgage
$133,000
Outstanding Balance
$119,242
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$150,509

Purchase Details

Closed on
Dec 27, 2006
Sold by
Cerami Bart A and Cerami Linda E
Bought by
Schap William and Schap Pamela Schap

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2006
Sold by
Cerami Bart A and Cerami Linda E
Bought by
Schap William and Schap Pamela Schap

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2004
Sold by
Sutton Kenneth
Bought by
Cerami Bart A and Cerami Linda E

Purchase Details

Closed on
Mar 19, 2004
Sold by
Erson and Erson Madelyn C
Bought by
Sutton Kenneth

Purchase Details

Closed on
Jan 16, 2003
Sold by
Bw I L L C
Bought by
Anderson Madelyn C

Purchase Details

Closed on
Jun 18, 1998
Sold by
Tyler Anthony C and Stein Enid M
Bought by
Buas Bwi 101 Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Unal Timur Gokhan $183,000 Ocean Investments Title Corp
Schap William $219,000 --
Schap William $219,000 --
Cerami Bart A $175,000 --
Sutton Kenneth $125,000 --
Anderson Madelyn C $159,900 --
Buas Bwi 101 Inc $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unal Timur Gokhan $133,000
Previous Owner Schap William $175,200
Previous Owner Schap William $175,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $183,000 -1.0% $231 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $184,900 -- $233 / Sq Ft
Source: Bright MLS

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 $2,826 $206,933 $0 $0
2024 $2,349 $168,367 $0 $0
2023 $1,824 $129,800 $64,900 $64,900
2022 $1,824 $129,800 $64,900 $64,900
2021 $1,834 $129,800 $64,900 $64,900
2020 $1,834 $129,800 $64,900 $64,900
2019 $1,682 $118,200 $0 $0
2018 $1,501 $106,600 $0 $0
2017 $1,349 $95,000 $0 $0
2016 $1,901 $95,000 $0 $0
2015 $1,901 $95,000 $0 $0
2014 $1,901 $98,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO121674

Bright MLS

APN: 10-058597

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