NOT LISTED FOR SALE

Sunset Bay 5405 Coastal Hwy Unit 415 Ocean City, MD 21842

Estimated Value: $411,000 - $456,000

2 Beds
2 Baths
1,023 Sq Ft
$302/mo HOA Fee

Last Sold January 29, 2018

Last sale price $220,000 $215 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,884/month

Highlights

  • Ocean View
  • Fitness Center
  • Deck
  • Ocean City Elementary School Rated A
  • Private Pool
  • Whirlpool Bathtub

About This Home

As of January 2018

Don't miss out on this immaculate mid town 2 bed 2 bath condo close to all the favorite watering holes. This cute as a button unit features new wood flooring as well as a gas fireplace for those chilly evenings. Sunset Bay also features an outdoor pool as well as very nice fitness room. Put this one on your short list.

Last Agent to Sell the Property

Troy Doyle

(410) 726-9391 troy@kevindeckeroc.com Coastal Life Realty Group LLC Listed on: 09/16/2017

Last Buyer's Agent

Mickey Lobb

(443) 880-2064 mickey.lobb@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP License #575024

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,821

Year Built

  • Built in 2005

Lot Details

  • Sprinkler System
  • Cleared Lot

HOA Fees

  • $302 Monthly HOA Fees

Property Views

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Built-Up Roof
  • Stick Built Home
  • Dryvit Stucco

Interior Spaces

  • 1,023 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Handicap Parking
  • 2 Assigned Parking Spaces

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 415
  • Assessor Parcel Number 428122

Community Details

Overview

  • 1 Elevator
  • Condominium Association
  • Low-Rise Condominium
  • Sunset Bay Ph 3 Community

Recreation

  • Community Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,821

Year Built

Built in 2005

Lot Details

0

HOA Fees

$302 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2005
  • Remarks Public: Don't miss out on this immaculate mid town 2 bed 2 bath condo close to all the favorite watering holes. This cute as a button unit features new wood flooring as well as a gas fireplace for those chilly evenings. Sunset Bay also features an outdoor pool as well as very nice fitness room. Put this one on your short list.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Icemaker, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Sprinkler System, Whirlpool/Hottub, Window Treatments, Entry Level Bedroom
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Living Area Units: Square Feet
  • Total Sq Ft: 1023
  • Living Area Sq Ft: 1023
  • Price Per Sq Ft: 224.83
  • Above Grade Finished Sq Ft: 1023
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5405

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Dryvit, Stick Built
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Built-Up
  • View: Bay, Ocean, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Under Home Parking, Assigned, Handicap Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Security: Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3619.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Exercise Room, Pool - Outdoor
  • HOA Name: CONDOMINIUM ASSOCIATION
  • HOA: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Outdoor Living Structures: Balcony, Deck(s)
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5431991
  • Assessor Parcel Number: 428122
  • Tax Lot: 415
  • County Tax Payment Frequency: Annually
  • Close Date: 01/29/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2017
Closed on
Jan 29, 2018
Sold by
Murray Bruce R and Murray Sherine E
Bought by
Hartington Keith K and Hartington Kerry W
Seller's Agent
Troy Doyle
Coastal Life Realty Group LLC
Buyer's Agent
Mickey Lobb
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Current Estimated Value
$424,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,931
Avg. Annual Appreciation
9.41%
Original Mortgage
$165,000
Outstanding Balance
$139,887
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$297,424

Purchase Details

Closed on
May 31, 2013
Sold by
Murray Bruce R
Bought by
Murray Bruce R and Murray Sherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,500
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2008
Sold by
Gavin Robert M
Bought by
Murray Bruce R and Murray Sherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
5.99%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 19, 2008
Sold by
Gavin Robert M
Bought by
Murray Bruce R and Murray Sherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
5.99%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 3, 2005
Sold by
Bush Lewis W and Jeff M Thaler
Bought by
Gavin Robert M and Gavin Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,920
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2005
Sold by
Bush Lewis W and Jeff M Thaler
Bought by
Gavin Robert M and Gavin Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,920
Interest Rate
5.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hartington Keith K $220,000 Capitol Title Ins Agency Inc
Murray Bruce R -- None Available
Murray Bruce R $330,000 --
Murray Bruce R $330,000 --
Gavin Robert M $384,900 --
Gavin Robert M $384,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartington Keith K $165,000
Previous Owner Murray Bruce R $250,500
Previous Owner Murray Bruce R $33,000
Previous Owner Murray Bruce R $33,000
Previous Owner Gavin Robert M $307,920
Previous Owner Gavin Robert M $307,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2018 01/29/18 Sold $220,000 -4.3% $215 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
09/16/2017 09/16/17 For Sale $230,000 -- $225 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $3,821 $333,800 $0 $0
2024 $3,821 $273,800 $0 $0
2023 $3,005 $213,800 $106,900 $106,900
2022 $3,005 $213,800 $106,900 $106,900
2021 $3,021 $213,800 $106,900 $106,900
2020 $3,021 $213,800 $106,900 $106,900
2019 $3,042 $213,800 $106,900 $106,900
2018 $3,011 $213,800 $106,900 $106,900
2017 $3,192 $226,000 $0 $0
2016 -- $226,000 $0 $0
2015 $3,560 $226,000 $0 $0
2014 $3,560 $231,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Troy Doyle

    Seller's Agent in 2018

    Troy Doyle

    Coastal Life Realty Group LLC

    (410) 726-9391

    17 in this area

    30 Total Sales

    Troy Doyle
    Section Image
  • Mickey Lobb

    Buyer's Agent in 2018

    Mickey Lobb

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (443) 880-2064

    10 in this area

    42 Total Sales

    Mickey Lobb
    Section Image
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About Sunset Bay

Map

Source: Bright MLS

MLS Number: 1000519010

Bright MLS

APN: 10-428122

Maryland Worcester County Ocean City 21842

5405 Coastal Hwy Unit 415, Ocean City, MD

This home is located at 5405 Coastal Hwy Unit 415, Ocean City, MD 21842 since 16 September 2017 and is currently estimated at $424,931, approximately $415 per square foot. This property was built in 2005. 5405 Coastal Hwy Unit 415 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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