Seller's Agent in 2020
Kevin Decker
Coastal Life Realty Group LLC
(443) 235-6552
120 in this area
301 Total Sales
5604 Coastal Hwy Unit 10 Ocean City, MD 21842
Estimated Value: $600,883 - $694,000
3
Beds
3.5
Baths
1,536
Sq Ft
$422/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Coastal Architecture
- Community Pool
- Ocean City Elementary School Rated A
- Furnished
- Balcony
About This Home
As of June 2020Great investment opportunity in Midtown OC! Whether you choose to use as a rental or as a second home with space for friends and family, there is so much to like about this townhome on 56th street, Oceanblock, with a pool and just a short distance to local favorites such as Fager's Island and Seacrets. Wake up, grab your coffee and get your toes in the sand, as you are just steps to the beach to watch the sunrise! Park your car in the garage and then literally you won't need it until you leave to head home! Plenty of room for everyone in the very open and spacious 3 bedroom/3 1/2 bath home with MULTIPLE balconies. Make memories to last a lifetime! All that is missing here is you! Come take a look today!
Last Agent to Sell the Property
(443) 235-6552 kevin@kevindeckeroc.com Coastal Life Realty Group LLC License #532548 Listed on: 11/22/2019
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,440
Year Built
- Built in 2006
Lot Details
- Cleared Lot
- Property is in very good condition
HOA Fees
- $300 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Coastal Architecture
- Slab Foundation
- Shingle Roof
- Vinyl Siding
- Piling Construction
Interior Spaces
- 1,536 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Furnished
- Ceiling Fan
- Dining Area
- Ceramic Tile Flooring
Kitchen
- Electric Oven or Range
- Stove
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Home Security
Utilities
- 90% Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Municipal Trash
- Public Septic
Additional Features
- Balcony
- Flood Risk
Listing and Financial Details
- Tax Lot 7921
- Assessor Parcel Number 10-741734
Community Details
Overview
- Association fees include insurance, management, water
- Tamarindo Community
- Non Development Subdivision
Recreation
- Community Pool
Security
- Fire and Smoke Detector
- Fire Sprinkler System
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2019
Closed on
Jun 30, 2020
Sold by
Arzadon Melissa D and Arzadon Glenn K
Bought by
Scharf Seth D and Scharf Vanessa E
Seller's Agent
Kevin Decker
Coastal Life Realty Group LLC
Buyer's Agent
Corey Savelson
Long & Foster Real Estate, Inc.
List Price
$449,900
Sold Price
$430,000
Premium/Discount to List
-$19,900
-4.42%
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
$217,471
Avg. Annual Appreciation
7.81%
Original Mortgage
$330,000
Outstanding Balance
$291,314
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$356,157
Purchase Details
Closed on
Oct 26, 2005
Sold by
Tamarindo Llc
Bought by
Arzadon Glenn K and Arzadon Melissa D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Interest Rate
5.85%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Oct 20, 2005
Sold by
Tamarindo Llc
Bought by
Arzadon Glenn K and Arzadon Melissa D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Interest Rate
5.85%
Mortgage Type
Stand Alone Second
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 |
|---|---|---|---|
| Scharf Seth D | $430,000 | Fidelity National Title Ins | |
| Arzadon Glenn K | $635,000 | -- | |
| Arzadon Glenn K | $635,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Scharf Seth D | $330,000 | |
| Previous Owner | Arzadon Glenn K | $95,250 | |
| Previous Owner | Arzadon Glenn K | $508,000 | |
| Previous Owner | Arzadon Glenn K | $508,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2020 06/30/20 | Sold | $430,000 | -4.4% | $280 / Sq Ft |
| 06/12/2020 06/12/20 | Pending | -- | -- | -- |
| 11/22/2019 11/22/19 | For Sale | $449,900 | -- | $293 / 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 | $6,257 | $458,200 | $0 | $0 |
| 2024 | $5,865 | $420,300 | $0 | $0 |
| 2023 | $5,374 | $382,400 | $191,200 | $191,200 |
| 2022 | $5,374 | $382,400 | $191,200 | $191,200 |
| 2021 | $5,404 | $382,400 | $191,200 | $191,200 |
| 2020 | $5,403 | $382,400 | $191,200 | $191,200 |
| 2019 | $5,287 | $371,667 | $0 | $0 |
| 2018 | $5,083 | $360,933 | $0 | $0 |
| 2017 | $4,841 | $350,200 | $0 | $0 |
| 2016 | -- | $340,967 | $0 | $0 |
| 2015 | $6,193 | $331,733 | $0 | $0 |
| 2014 | $6,193 | $322,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Decker
-
Corey Savelson
Buyer's Agent in 2020
Corey Savelson
Long & Foster
(301) 602-7073
2 in this area
147 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO110558
APN: 10-741734
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