P
Seller's Agent in 2021
Patty Cummings
Coastal Resort Sales and Rent
(443) 664-2884
1 in this area
6 Total Sales
602 Westway Dr Ocean City, MD 21842
Estimated Value: $701,893 - $954,000
3
Beds
2
Baths
1,200
Sq Ft
$644/Sq Ft
Est. Value
Highlights
- 1 Dock Slip
- Home fronts navigable water
- Fishing Allowed
- Ocean City Elementary School Rated A
- Private Water Access
- 4-minute walk to Little Salisbury Park
About This Home
As of February 2021What a very unique, waterfront home This home has 3 bedrooms , 2 baths and a loft area. There is a very large deck on the canal perfect for entertaining. Home has outside storage and plenty of off-street parking You can park your car and walk to everything You will fall in love this home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,571
Year Built
- Built in 1971 | Remodeled in 2010
Lot Details
- 8,000 Sq Ft Lot
- Home fronts navigable water
- South Facing Home
- Property is in very good condition
Home Design
- Saltbox Architecture
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,200 Sq Ft Home
- Property has 2 Levels
- Beamed Ceilings
- Ceiling Fan
- 1 Fireplace
- Window Treatments
- Combination Kitchen and Dining Room
- Carpet
- Canal Views
- Crawl Space
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Alley Access
- On-Street Parking
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Private Water Access
- Property is near a canal
- Personal Watercraft
- 1 Dock Slip
- Dock Against Bulkhead
- Powered Boats Permitted
Location
- Flood Risk
- Bayside
Schools
- Ocean City Elementary School
- Berlin Intermediate School
- Stephen Decatur High School
Utilities
- Central Air
- Back Up Electric Heat Pump System
- 220 Volts
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 10-107016
Community Details
Overview
- No Home Owners Association
- Little Salisbury Subdivision
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 6, 2020
Closed on
Feb 1, 2021
Sold by
Boyer Angela L
Bought by
James Matthew Michael
Seller's Agent
Patty Cummings
Coastal Resort Sales and Rent
Buyer's Agent
Matthew James
Coldwell Banker Realty
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
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
$292,473
Avg. Annual Appreciation
11.33%
Original Mortgage
$408,000
Outstanding Balance
$365,960
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$422,972
Purchase Details
Closed on
Feb 21, 1997
Sold by
Eby C Arthur J and Eby Margaret K
Bought by
Arthur Eby C and Others Margaret
Purchase Details
Closed on
Dec 30, 1994
Sold by
Arthur Eby C
Bought by
Eby C Arthur J and Others Margaret
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 |
|---|---|---|---|
| James Matthew Michael | $480,000 | Resort Land T&E Llc | |
| Arthur Eby C | -- | -- | |
| Eby C Arthur J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | James Matthew Michael | $408,000 | |
| Previous Owner | Boyer Steven R | $304,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2021 02/01/21 | Sold | $480,000 | -1.0% | $400 / Sq Ft |
| 12/08/2020 12/08/20 | Pending | -- | -- | -- |
| 12/06/2020 12/06/20 | For Sale | $485,000 | -- | $404 / 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 | $5,830 | $498,700 | $0 | $0 |
| 2024 | $5,830 | $453,700 | $0 | $0 |
| 2023 | $5,722 | $408,700 | $322,700 | $86,000 |
| 2022 | $5,676 | $403,900 | $0 | $0 |
| 2021 | $5,640 | $399,100 | $0 | $0 |
| 2020 | $5,394 | $394,300 | $322,700 | $71,600 |
| 2019 | $5,394 | $379,167 | $0 | $0 |
| 2018 | $5,127 | $364,033 | $0 | $0 |
| 2017 | $4,953 | $348,900 | $0 | $0 |
| 2016 | -- | $348,900 | $0 | $0 |
| 2015 | $5,042 | $348,900 | $0 | $0 |
| 2014 | $5,042 | $350,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Patty Cummings
-
Matthew James
Buyer's Agent in 2021
Matthew James
Coldwell Banker Realty
(443) 944-1356
11 in this area
14 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO118894
APN: 10-107016
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