NOT LISTED FOR SALE

603 94th St Unit B Ocean City, MD 21842

Estimated Value: $488,000 - $563,000

2 Beds
2.5 Baths
1,404 Sq Ft
$377/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $535,500 $381 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,149/month

Highlights

  • 18 Feet of Waterfront
  • 1 Dock Slip
  • Open Floorplan
  • Ocean City Elementary School Rated A
  • Fishing Allowed
  • 1-minute walk to Little Salisbury Park

About This Home

As of June 2022

A rare find. Spacious 2 bedroom 2 1/2 bath townhome on the water. NO HOA or Condo fees. Well maintained home with newer kitchen ,LVP floors, windows, doors & roof. Crown molding t/o & fireplace. 2 large decks to enjoy the water views & plenty of storage. Conveniently located on 94th St. Just steps to the Art Center, park & grocery store. Set back from busy Coastal Hwy but an easy walk to the beach , multiple restaurants & Library. Ideal beach getaway or year round living.

Last Agent to Sell the Property

John Rakowski

john.rakowski@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP License #591484 Listed on: 06/08/2022

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Kenneth Jester

(443) 768-1937 kennethjesterrealestate@gmail.com Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,193

Year Built

  • Built in 1985

Lot Details

  • 18 Feet of Waterfront
  • Home fronts navigable water
  • North Facing Home
  • Property is in very good condition

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home
  • CPVC or PVC Pipes

Interior Spaces

  • 1,404 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Double Hung Windows
  • Dining Area
  • Canal Views
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • 220 Volts
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors with lever handles
  • Bayside

Listing and Financial Details

  • Tax Lot BB2
  • Assessor Parcel Number 2410286255

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,193

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Accessibility Features: Doors - Lever Handle(s)
  • Ownership: Fee Simple
  • Exclusions: All furniture and personal items. Some furniture negotiable.
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-06-08
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: A rare find. Spacious 2 bedroom 2 1/2 bath townhome on the water. NO HOA or Condo fees. Well maintained home with newer kitchen ,LVP floors, windows, doors & roof. Crown molding t/o & fireplace. 2 large decks to enjoy the water views & plenty of storage. Conveniently located on 94th St. Just steps to the Art Center, park & grocery store. Set back from busy Coastal Hwy but an easy walk to the beach , multiple restaurants & Library. Ideal beach getaway or year round living.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Laminate Plank, Carpet, Ceramic Tile
  • Interior Amenities: Attic, Carpet, Crown Moldings, Dining Area, Floor Plan - Open, Recessed Lighting, Tub Shower
  • Window Features: Double Hung
  • Fireplace Features: Fireplace - Glass Doors, Wood
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space, Block
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1404
  • Living Area Sq Ft: 1404
  • Price Per Sq Ft: 356.05
  • Above Grade Finished Sq Ft: 1404
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 603

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cpvc/Pvc, Brick, Stick Built, Vinyl Siding
  • Roof: Architectural Shingle
  • View: Canal, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 18

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot, On Street
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Central
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: R
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5421366
  • Tax Annual Amount: 3193.00
  • Assessor Parcel Number: 2410286255
  • Tax Lot: BB2
  • Tax Total Finished Sq Ft: 1404
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/30/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jun 30, 2022
Sold by
Rakowski John K
Bought by
Berdan Thomas B and Berdan Jacqueline B
Seller's Agent
John Rakowski
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Kenneth Jester
Coldwell Banker Realty
List Price
$499,900
Sold Price
$535,500
Premium/Discount to List
$35,600
7.12%
Current Estimated Value
$529,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,051
Avg. Annual Appreciation
-0.34%

Purchase Details

Closed on
Aug 17, 2015
Sold by
Andreano Joseph A
Bought by
Rakowski John K and Rakowski Alice B

Purchase Details

Closed on
Sep 23, 1992
Sold by
Shulman Scott F
Bought by
Andreano Joseph A and Andreano Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
7.89%

Purchase Details

Closed on
Nov 2, 1990
Sold by
Rodis Donald J and Mary Lou
Bought by
Shulman Scott F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
10.13%
Source: Public Records

Range of Values:

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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
Berdan Thomas B $535,500 None Listed On Document
Rakowski John K $252,500 None Available
Andreano Joseph A $107,000 --
Shulman Scott F $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andreano Joseph A $67,000
Previous Owner Shulman Scott F $82,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $535,500 +7.1% $381 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $499,900 -- $356 / 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 $4,536 $332,200 $0 $0
2024 $3,985 $285,600 $0 $0
2023 $3,359 $239,000 $135,000 $104,000
2022 $3,084 $232,467 $0 $0
2021 $3,037 $225,933 $0 $0
2020 $2,925 $219,400 $135,000 $84,400
2019 $2,925 $215,100 $0 $0
2018 $2,916 $210,800 $0 $0
2017 $2,753 $206,500 $0 $0
2016 -- $193,900 $0 $0
2015 -- $181,300 $0 $0
2014 $3,682 $168,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2008338

Bright MLS

APN: 10-286255