NOT LISTED FOR SALE

602 Seaweed Ln Unit 3B Ocean City, MD 21842

Estimated Value: $371,000 - $426,000

3 Beds
2 Baths
1,376 Sq Ft
1957 Built

Last Sold November 05, 2020

Last sale price $270,000 $196 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,283/month

Highlights

  • A-Frame Home
  • Ocean City Elementary School Rated A
  • Wall Furnace

About This Home

As of November 2020

This home is located at 602 Seaweed Ln Unit 3B, Ocean City, MD 21842 since 08 September 2020 and is currently estimated at $390,272, approximately $283 per square foot. This property was built in 1957. 602 Seaweed Ln Unit 3B is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Last Agent to Sell the Property

Joseph Wilson

(443) 235-8382 joewilsonsells@gmail.com Coastal Life Realty Group LLC License #633148 Listed on: 09/08/2020

Last Buyer's Agent

Kimberly Campbell

(703) 409-4944 kcampbell@ktcproperties.com Samson Properties

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,721

Year Built

  • Built in 1957

Parking

  • Parking Lot

Home Design

  • A-Frame Home
  • Entry on the 1st floor
  • Frame Construction
  • Stick Built Home

Interior Spaces

  • 1,376 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 10-263247

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Sea Siren Community
  • Caine Woods Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,721

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1376
  • Living Area Sq Ft: 1376
  • Price Per Sq Ft: 199.85
  • Above Grade Finished Sq Ft: 1376
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5419314
  • Tax Annual Amount: 2721.00
  • Assessor Parcel Number: 10-263247
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 30, 2020
Sold by
Sea Siren Llc
Bought by
Campbell Robert Taylor and Campbell Christopher C
Seller's Agent
Joseph Wilson
Coastal Life Realty Group LLC
Buyer's Agent
Kimberly Campbell
Samson Properties
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Current Estimated Value
$390,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,272
Avg. Annual Appreciation
7.68%
Original Mortgage
$202,500
Outstanding Balance
$180,196
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$210,076

Purchase Details

Closed on
Apr 12, 2005
Sold by
Lawson William R
Bought by
Gary Gibbs

Purchase Details

Closed on
Apr 22, 2003
Sold by
Bell Christopher L
Bought by
Lawson William R and Lawson Elisa

Purchase Details

Closed on
Oct 18, 2002
Sold by
Deangelis James L and Deangelis Patricia A
Bought by
Bell Christopher L and Bell Barbara
Source: Public Records

Range of Values:

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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
Campbell Robert Taylor $270,000 Cardinal Title Group Llc
Gary Gibbs $300,000 --
Lawson William R $220,000 --
Bell Christopher L $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Robert Taylor $202,500
Closed Bell Christopher L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2020 11/05/20 Sold $270,000 -1.8% $196 / Sq Ft
09/08/2020 09/08/20 For Sale $275,000 -- $200 / 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 $2,880 $210,933 $0 $0
2024 $2,815 $201,767 $0 $0
2023 $2,707 $192,600 $96,300 $96,300
2022 $2,707 $192,600 $96,300 $96,300
2021 $2,722 $192,600 $96,300 $96,300
2020 $2,740 $192,600 $96,300 $96,300
2019 $2,740 $192,600 $96,300 $96,300
2018 $2,713 $192,600 $96,300 $96,300
2017 $2,734 $192,600 $0 $0
2016 -- $192,600 $0 $0
2015 $2,873 $192,600 $0 $0
2014 $2,873 $192,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO116592

Bright MLS

APN: 10-263247