NOT LISTED FOR SALE

601 Seaweed Ln Unit 3 Ocean City, MD 21842

Estimated Value: $381,000 - $455,000

2 Beds
2 Baths
1,216 Sq Ft
$341/Sq Ft Est. Value

Last Sold November 03, 2012

Last sale price $207,000 $170 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,480/month

About This Home

As of November 2012

Large 2 bedroom \ 2bath waterfront townhouse located in Caine Woods. Small association with only 5 units. The property sits on a wide canal and offers boat dockage against the bulkhead. Great location!

Last Agent to Sell the Property

William Nielander

ocmrbill@aol.com Long & Foster Real Estate, Inc. License #MRIS:145789 Listed on: 07/29/2012

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,697

Year Built

1984

Lot Details

0

Listing Details

  • Condition: Shows Well
  • Zoning Code: R-1
  • Blocks To Ocean: 0
  • Cross Street: 142
  • Non Power Boats Permitted: 0
  • Power Boats Permitted: 0
  • Transportation: Public Bus Service
  • Election District: 10
  • Incorporated City Name: OCEAN CITY
  • Lis Media List: Photo
  • Property Type: Residential
  • Public Record Key: 10213959064
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • System Locale: MRIS
  • Status: Closed
  • Number of Levels Including basement: 2
  • View/Accessibility: Water Access, Water Front, Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1984

Interior Features

  • Room List: Kitchen, 2nd Bed, Family, 1st Bed, Unfinished Attic, Laundry (Bedroom Level), Laundry (Upper Level)
  • Above Grade Finished Sq Ft: 1216
  • Main Entrance: Hall
  • Amenities: Furniture Conveys, Wall-to-Wall Carpet, Bathroom(s) - Dual Entry, Vanities - Separate, Shades / Blinds, Washer / Dryer Hookup
  • Appliances: Dishwasher, Icemaker, Microwave, Refrigerator, Electric Oven/Range, Stacked Washer/Dryer
  • Dining Kitchen: Living-Dining Room Combo
  • Walls Ceilings: Dry Wall
  • Interior Amenities: Floor Plan-Traditional
  • Entry Level: Townhouse
  • Main Floor: 1 Bath
  • Kitchen: Level: Main
  • Kitchen Flooring: Ceramic Tile
  • Bedroom One: Level: Upper 1
  • Bedroom One Flooring: Carpet
  • Bedroom Two: Level: Upper 1
  • Bedroom Two Flooring: Carpet
  • Family Room: Level: Main
  • Family Room Flooring: Carpet
  • Other Rooms: Bedroom-Second,Laundry-BR Lvl,Lndry-Uppr Lvl,Bedroom-First,Family Rm,Kitchen,Attic-Unfinished
  • Attic Unfinished Sq Ft: Yes
  • Total Bedrooms: 2
  • Total Full Baths: 2

Exterior Features

  • Structure List: Above Grade
  • Exterior: Siding - Vinyl
  • Roof: Asphalt Shingle
  • Exterior Features: Deck, Rear Porch
  • Exposure: South, Water View
  • Dock Features: Against Bulkhead Only
  • Docks: 1
  • Dock Slip Conveyance: None Available
  • Foundation: Concrete Piers
  • Mean Low Water: 3+
  • Mean Low Water Feet: 3
  • Navigable Water: Yes
  • Property Against Water: Yes
  • Water Access: Yes
  • Pool: Yes
  • Water Frontage: 1
  • Water View: Yes
  • Body Of Water: CANAL
  • Dock Type: Against Bulkhead Only
  • Other Structures: Above Grade,None

Garage/Parking

  • Parking: Assigned, Faces Front
  • Assigned Parking Spaces: 1

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central Air Conditioning
  • Heating Fuel: Electric
  • Heating: Heat Pump(s)
  • Hot Water: Electric
  • Sewer Septic: Public Sewer
  • Water: Public
  • T V Cable Comm: CATV/Dwelling, Phone Jacks-Mod

Condo/Co-op/Association

  • Condo Co-Op Fee: 1500
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Baytree
  • Community Amenities: Pier / Dock
  • Community Fee Includes: Reserve Funds, Community Association Management, Exterior Building Maintenance, Pier/Doct Maintenance
  • Total Units: 5
  • Community Management: Owner/Self-Mgt

Lot Info

  • Lot Description: Bulkheaded, Cleared, Water Access, Water Front, Water View
  • Lot Number: 3
  • Listing Parcel Number: 9937A
  • Building Project Name: BAYTREE

Tax Info

  • Assessment Year: 2012
  • Total Taxes Payment Freq: Annually
  • County Tax Payment Freq: Annually

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2015
Sold by
Miceli Jean M
Bought by
King Christopher C and King Mary M
Current Estimated Value
$415,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$148,176
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$266,909

Purchase Details

Listed on
Jul 29, 2012
Closed on
Nov 1, 2012
Sold by
Heishman Anne M
Bought by
Miceli Jean M
Seller's Agent
William Nielander
Long & Foster Real Estate, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$230,000
Sold Price
$207,000
Premium/Discount to List
-$23,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$165,600
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2002
Sold by
Starke Thomas M and Starke Sharon J
Bought by
Payne Linda L

Purchase Details

Closed on
Mar 12, 1987
Sold by
Starke Thomas M and Starke Sharon J
Bought by
Starke Thomas M and Starke Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
9.03%
Source: Public Records

Range of Values:

Collateral Analytics

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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
King Christopher C $240,000 First American Title
Miceli Jean M $207,000 Maryland Title Service
Payne Linda L $230,000 --
Starke Thomas M $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Christopher C $192,000
Previous Owner Miceli Jean M $165,600
Previous Owner Starke Thomas M $76,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2012 11/03/12 Sold $207,000 -10.0% $170 / Sq Ft
10/07/2012 10/07/12 Pending -- -- --
07/29/2012 07/29/12 For Sale $230,000 -- $189 / 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 $3,697 $270,733 $0 $0
2024 $3,484 $249,667 $0 $0
2023 $3,222 $228,600 $114,300 $114,300
2022 $3,213 $228,600 $114,300 $114,300
2021 $3,230 $228,600 $114,300 $114,300
2020 $3,230 $228,600 $114,300 $114,300
2019 $3,148 $221,300 $0 $0
2018 $3,014 $214,000 $0 $0
2017 $2,920 $206,700 $0 $0
2016 -- $206,700 $0 $0
2015 $3,794 $206,700 $0 $0
2014 $3,794 $207,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    William Nielander

    Long & Foster

See All Agents

Map

Source: Bright MLS

MLS Number: WO7895714

Bright MLS

APN: 10-276314

Maryland Worcester County Ocean City 21842

601 Seaweed Ln Unit 3, Ocean City, MD

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