Seller's Agent in 2020
Joel Feldman
Martz and Associates Real Estate LLC
(941) 979-0271
17 in this area
52 Total Sales
508 Robin Dr Unit 31 Ocean City, MD 21842
Estimated Value: $222,000 - $238,000
1
Bed
1
Bath
396
Sq Ft
$330/mo
HOA Fee
Highlights
- Boat Ramp
- Boat or Launch Ramp
- Access to Tidal Water
- Ocean City Elementary School Rated A
- Home fronts navigable water
- Fishing Allowed
About This Home
As of October 2020Stay close to all the fun of Downtown Ocean City! This quaint and cozy, 1-BR, 1-BA, canal front condo located on 28th St. within short walking distance of Jolly Roger Amusement/Water Park and the North end of the Boardwalk. The building just completed a major exterior renovation, including new siding, new paint, new lighting, new pier decking & steps & new landscaping. Head down to the common area along the canal to fish and crab off of the dock, or explore this vibrant part of town, which is full of great restaurants, activities, water sports rentals, and mini-golf. There are opportunities to lease slips for the season. Condo fees include Flood Insurance, Basic Cable and water use. Don't miss out on this great condo with an even better price tag!
Last Agent to Sell the Property
(941) 979-0271 joelfrealtor@gmail.com Martz and Associates Real Estate LLC Listed on: 06/12/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,242
Year Built
- Built in 1969
HOA Fees
- $330 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Vinyl Siding
Interior Spaces
- 396 Sq Ft Home
- Property has 1 Level
- Canal Views
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- Parking Lot
- Off-Street Parking
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Property is near a canal
- Boat or Launch Ramp
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Additional Features
- Home fronts navigable water
- Flood Risk
Listing and Financial Details
- Tax Lot 31
- Assessor Parcel Number 10-059917
Community Details
Overview
- Association fees include common area maintenance, insurance, pier/dock maintenance, lawn maintenance, management, snow removal, water, cable TV
- Low-Rise Condominium
- Bayshore Community
- Property Manager
Recreation
- Boat Ramp
- Pier or Dock
- Fishing Allowed
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2020
Closed on
Oct 28, 2020
Sold by
Fannon Kathleen
Bought by
Kalfas Nicholas
Seller's Agent
Joel Feldman
Martz and Associates Real Estate LLC
Buyer's Agent
Nick Kalfas
Keller Williams Gateway LLC
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
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
$104,985
Avg. Annual Appreciation
13.05%
Original Mortgage
$112,500
Outstanding Balance
$100,109
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$129,876
Purchase Details
Closed on
Jun 16, 2005
Sold by
Gelof Adam D
Bought by
Fannon Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 4, 2003
Sold by
Vendetti Mark and Vendetti Mary
Bought by
Gelof Adam D and Gelof Kelly D
Purchase Details
Closed on
Apr 11, 2000
Sold by
Mccauley Charles M
Bought by
Vendetti Mark and Vendetti Mary
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 |
|---|---|---|---|
| Kalfas Nicholas | $125,000 | Goldstar Title Company | |
| Fannon Kathleen | $160,000 | -- | |
| Gelof Adam D | $120,000 | -- | |
| Vendetti Mark | $43,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kalfas Nicholas | $112,500 | |
| Previous Owner | Fannon Kathleen | $128,000 | |
| Closed | Vendetti Mark | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2020 10/28/20 | Sold | $125,000 | -3.8% | $316 / Sq Ft |
| 07/29/2020 07/29/20 | Pending | -- | -- | -- |
| 06/12/2020 06/12/20 | For Sale | $130,000 | -- | $328 / 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 | $1,183 | $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
-
Joel Feldman
-
Nick Kalfas
Buyer's Agent in 2020
Nick Kalfas
Keller Williams Gateway LLC
(410) 900-0607
1 in this area
36 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO114386
APN: 10-059917
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