NOT LISTED FOR SALE

5604 Coastal Hwy Unit 8 Ocean City, MD 21842

Estimated Value: $588,280 - $691,000

3 Beds
3.5 Baths
1,544 Sq Ft
$419/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $355,000 $230 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,156/month

84 Days on Market

Highlights

  • Private Pool
  • Deck
  • Main Floor Bedroom
  • Ocean City Elementary School Rated A
  • Cathedral Ceiling
  • Furnished

About This Home

As of October 2017

Inviting and spacious enough for bigger families and groups to share beach days in comfort! HVAC, Fridge and HWH new in 2015-16. Features include walk in closets, wood flooring, panel doors, soft color decor for the coastal look, plus huge garage and community pool.Producing great rental income: $37,350 for 2016

Last Agent to Sell the Property

Mary MCCracken

(410) 430-7302 mary.mccracken@lnf.com Mary McCracken Realty, Inc Listed on: 04/30/2017

Mary McCracken Realty, Inc

Last Buyer's Agent

Joy Isenberg Snyder

(410) 723-3600 joy@joysnyder.com RE/MAX Advantage Realty

RE/MAX Advantage Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2006

Lot Details

  • Sprinkler System
  • Cleared Lot

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 1,544 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Chair Railings
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • Balcony
  • Deck

Location

  • Flood Risk

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 741718

Community Details

Overview

  • Tamarindo Community

Recreation

  • Community Pool

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Year Built

Built in 2006

Lot Details

0

HOA Fees

$267 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Condominium
  • Exclusions: Items stored in closets
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Chair Railings, Sprinkler System, Walk-In Closet(s), Entry Level Bedroom, Window Treatments
  • Window Features: Insulated, Screens
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Block
  • Levels Count: 3+
  • Living Area Units: Square Feet
  • Total Sq Ft: 1544
  • Living Area Sq Ft: 1544
  • Price Per Sq Ft: 252.53
  • Above Grade Finished Sq Ft: 1544
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Fiber Cement, Stick Built
  • Construction Completed: No
  • Roof: Architectural Shingle, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Off Street, Under Home Parking
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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: 3200.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • 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: 5435038
  • Assessor Parcel Number: 741718
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2017
Closed on
Oct 31, 2017
Sold by
Coastal Retreat Llc
Bought by
Enochn Joseph Francis and Enochn Candace Ann
Seller's Agent
Mary MCCracken
Mary McCracken Realty, Inc
Buyer's Agent
Joy Isenberg Snyder
RE/MAX Advantage Realty
List Price
$389,900
Sold Price
$355,000
Premium/Discount to List
-$34,900
-8.95%
Current Estimated Value
$646,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,820
Avg. Annual Appreciation
7.67%
Original Mortgage
$284,000
Outstanding Balance
$236,713
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$410,107

Purchase Details

Closed on
Mar 8, 2013
Sold by
Sroka Michael S and Sroka Lisa A
Bought by
Coastal Retreat Llc

Purchase Details

Closed on
Mar 30, 2010
Sold by
Gray Mark Allen
Bought by
Sroka Michael S and Sroka Lisa A

Purchase Details

Closed on
Nov 10, 2005
Sold by
Tamarindo Llc
Bought by
Allen Gray Mark and Gray Kara Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,750
Interest Rate
6.07%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 4, 2005
Sold by
Tamarindo Llc
Bought by
Allen Gray Mark and Gray Kara Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,750
Interest Rate
6.07%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Enochn Joseph Francis $355,000 None Available
Coastal Retreat Llc -- None Available
Sroka Michael S $320,000 --
Allen Gray Mark $605,000 --
Allen Gray Mark $605,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enochn Joseph Francis $284,000
Previous Owner Allen Gray Mark $90,750
Previous Owner Allen Gray Mark $484,000
Previous Owner Allen Gray Mark $484,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2017 10/31/17 Sold $355,000 0.0% $230 / Sq Ft
10/27/2017 10/27/17 Sold $355,000 -9.0% $230 / Sq Ft View Prior Sale
07/25/2017 07/25/17 Pending -- -- --
07/21/2017 07/21/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $389,900 0.0% $253 / Sq Ft
05/01/2017 05/01/17 For Sale $389,900 -- $253 / 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 $5,840 $427,667 $0 $0
2024 $5,472 $392,133 $0 $0
2023 $5,012 $356,600 $178,300 $178,300
2022 $5,012 $356,600 $178,300 $178,300
2021 $5,039 $356,600 $178,300 $178,300
2020 $5,038 $356,600 $178,300 $178,300
2019 $5,058 $355,567 $0 $0
2018 $4,993 $354,533 $0 $0
2017 $4,994 $353,500 $0 $0
2016 -- $343,733 $0 $0
2015 $4,200 $333,967 $0 $0
2014 $4,200 $324,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary MCCracken

    Seller's Agent in 2017

    Mary MCCracken

    Mary McCracken Realty, Inc

    (410) 430-7302

    84 in this area

    92 Total Sales

    Mary MCCracken
    Section Image

  • J

    Buyer's Agent in 2017

    Joy Isenberg Snyder

    RE/MAX

    Section Image
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Map

Source: Bright MLS

MLS Number: 1000517398

Bright MLS

APN: 10-741718

Maryland Worcester County Ocean City 21842

5604 Coastal Hwy Unit 8, Ocean City, MD

Not Listed for Sale

Townhouses

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