Seller's Agent in 2022
Keti Lynch
Shoreline Properties
(443) 235-5482
51 in this area
55 Total Sales
57 Island Edge Dr Unit LUS-F Ocean City, MD 21842
Estimated Value: $1,271,000 - $1,379,000
5
Beds
4.5
Baths
3,244
Sq Ft
$408/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Home fronts a canal
- Deck
- Ocean City Elementary School Rated A
- Coastal Architecture
- Wood Flooring
About This Home
As of May 2022Location, location, location. This beautifully decorated NV single family home in a gated community of Sunset Island is a gem. You will love to come to this multi- level 5 Bedroom and a Den home that is fully furnished and is located just a few steps away from the club house and all amenities that Sunset Island has to offer. The beautiful view of the bay from the 4th floor balcony can give you a perfect sunset. The first floor has a den that is perfect as a 6th bedroom, a full-size bathroom, a hallway that leads to the 2-car garage and outdoor shower. The second floor has a open floor plan that includes a grand size living room with a cozy fireplace, and a great size balcony off the living room. Next to the living room is the kitchen with granite countertops, cooktop, through the wall double oven and an island, adjacent to the kitchen is the dining area with beautiful windows and a view of the canal. Third floor has 4 bedrooms with a master bathroom with a tub and separate shower, and a hall bathroom, and the top floor has a bedroom with bathroom plus a loft sitting area with a South facing sundeck with a view of the bay. Sunset Island is a private gated community, a 37-acre island located on the Bay of 67TH Street and a few blocks from the ocean. Indoor and outdoor pools, state of the art fitness center, sauna, two private beaches, interactive fountains for the kids, jogging trail surrounding the island, and a nearby marina, a bayfront bar and grill and a corner store located in the center of the island for your convenience a fishing and crabbing pier. Also, the association has many organized activities like yoga, and nature walks and outdoor family movies. As you step out of the island you have the Town Center with several restaurants and shopping areas plus indoor and outdoor mini golf for family fun.
If you are looking for a great investment, this home has a great rental income of $65,000 so far for 2022.
Buyers need to honor rentals for 2022.
Last Agent to Sell the Property
(443) 235-5482 keti@shorepro.com Shoreline Properties Listed on: 03/29/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,656
Year Built
- Built in 2004
Lot Details
- 2,226 Sq Ft Lot
- Home fronts a canal
- North Facing Home
- Property is zoned BMUD
HOA Fees
- $321 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Rear-Facing Garage
Home Design
- Coastal Architecture
- Block Foundation
- Frame Construction
Interior Spaces
- 3,244 Sq Ft Home
- Property has 4 Levels
- Open Floorplan
- Furnished
- Ceiling Fan
- Fireplace
- Dining Area
Kitchen
- Cooktop
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- Walk-In Closet
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Balcony
- Deck
Utilities
- Central Air
- Heat Pump System
- Natural Gas Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot SF57
- Assessor Parcel Number 2410412919
Community Details
Overview
- Sunset Island Community
- Sunset Island Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 17, 2023
Sold by
Oliver Michael Harrison and Oliver Roxana Ioana
Bought by
Bage Troy D
Current Estimated Value
Purchase Details
Listed on
Mar 29, 2022
Closed on
May 11, 2022
Sold by
Finamore Paul R
Bought by
Coastal Blue Worcester Viii Llc
Seller's Agent
Keti Lynch
Shoreline Properties
Buyer's Agent
John Magathan
Coldwell Banker Realty
List Price
$1,175,000
Sold Price
$1,199,500
Premium/Discount to List
$24,500
2.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Purchase Details
Closed on
Jun 7, 2004
Sold by
Nvr Inc
Bought by
Finamore Paul R
Purchase Details
Closed on
Feb 18, 2004
Sold by
Sunset Isl & Llc
Bought by
Nvr Inc
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 |
|---|---|---|---|
| Bage Troy D | $1,380,749 | Maryland Title | |
| Stauffer Randen C | $6,000 | -- | |
| Stauffer Randen C | $6,000 | None Listed On Document | |
| Coastal Blue Worcester Viii Llc | $1,199,500 | First American Title | |
| Finamore Paul R | $816,915 | -- | |
| Nvr Inc | $301,500 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/11/2022 05/11/22 | Sold | $1,199,500 | 0.0% | $370 / Sq Ft |
| 04/04/2022 04/04/22 | Pending | -- | -- | -- |
| 03/29/2022 03/29/22 | Price Changed | $1,199,500 | +2.1% | $370 / Sq Ft |
| 03/29/2022 03/29/22 | For Sale | $1,175,000 | -- | $362 / 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 | $14,496 | $1,098,733 | $0 | $0 |
| 2024 | $14,496 | $1,038,867 | $0 | $0 |
| 2023 | $13,759 | $979,000 | $521,300 | $457,700 |
| 2022 | $13,670 | $972,700 | $0 | $0 |
| 2021 | $13,656 | $966,400 | $0 | $0 |
| 2020 | $12,760 | $960,100 | $521,300 | $438,800 |
| 2019 | $12,798 | $899,633 | $0 | $0 |
| 2018 | $11,819 | $839,167 | $0 | $0 |
| 2017 | $10,613 | $778,700 | $0 | $0 |
| 2016 | -- | $747,567 | $0 | $0 |
| 2015 | $10,253 | $716,433 | $0 | $0 |
| 2014 | $10,253 | $685,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Keti Lynch
-
John Magathan
J
Buyer's Agent in 2022
John Magathan
Coldwell Banker Realty
(410) 726-8948
13 in this area
18 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2006770
APN: 10-412919
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