Seller's Agent in 2021
Elaine Davidson
RE/MAX
(267) 304-1550
23 in this area
86 Total Sales
607 Osprey Rd Unit 1 Ocean City, MD 21842
Estimated Value: $400,000 - $455,000
3
Beds
1.5
Baths
1,106
Sq Ft
$381/Sq Ft
Est. Value
Highlights
- 1 Dock Slip
- Pier or Dock
- Canoe or Kayak Water Access
- Ocean City Elementary School Rated A
- Home fronts navigable water
- Fishing Allowed
About This Home
As of January 2021This 3-bedroom canal front townhouse includes an exclusive use boat slip right off your back deck with direct access to the Assawoman Bay. . Two assigned parking spots on the surface lot are included with the property. A private boat ramp is part of the community and provides easy access for owners to drop a boat into the canal. Currently not a rental property, however, it could be a great investment property .. Located on a quiet cul-de-sac and convenient to mid-town restaurants, amusements, beach, and boardwalk.
Last Agent to Sell the Property
(267) 304-1550 elainedavidson@comcast.net RE/MAX Advantage Realty License #611737 Listed on: 11/18/2020
Last Buyer's Agent
(410) 430-5880 grant@markf.com Keller Williams Realty Delmarva License #RA0020779
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,765
Year Built
- Built in 1982
Lot Details
- Home fronts navigable water
- Home fronts a canal
- Property is in good condition
HOA Fees
- $202 Monthly HOA Fees
Home Design
- Block Foundation
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,106 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- 1 Fireplace
- Combination Dining and Living Room
- Canal Views
Kitchen
- Stove
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Parking
- On-Street Parking
- Parking Lot
Outdoor Features
- Canoe or Kayak Water Access
- Property is near a canal
- Personal Watercraft
- Sail
- Physical Dock Slip Conveys
- 1 Dock Slip
- Powered Boats Permitted
- Exterior Lighting
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Electric Water Heater
- Cable TV Available
Additional Features
- More Than Two Accessible Exits
- Flood Risk
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 10-221544
Community Details
Overview
- Association fees include common area maintenance, pier/dock maintenance
- Crab Cove Condos
- Crab Cove 28Th Community
Recreation
- Pier or Dock
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2020
Closed on
Jan 15, 2021
Sold by
Smith Thomas F and Smith Janet M
Bought by
Schappell Gregory B and Schappell Courtney E
Seller's Agent
Elaine Davidson
RE/MAX Advantage Realty
Buyer's Agent
Grant Fritschle
Keller Williams Realty Delmarva
List Price
$295,900
Sold Price
$299,900
Premium/Discount to List
$4,000
1.35%
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
$121,051
Avg. Annual Appreciation
7.45%
Original Mortgage
$224,993
Outstanding Balance
$200,807
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$220,144
Purchase Details
Closed on
Aug 2, 1990
Sold by
Gutowski Wayne V and Gutowski Jean R
Bought by
Smith Thomas F and Smith Janet M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
9.98%
Purchase Details
Closed on
May 16, 1988
Sold by
Brandt A H
Bought by
Gutowski Wayne and Gutowski Jean R
Purchase Details
Closed on
Aug 18, 1982
Sold by
Shore Builders Inc
Bought by
Brandt A H
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 |
|---|---|---|---|
| Schappell Gregory B | $299,990 | Ocean Investments Title Corp | |
| Smith Thomas F | $94,000 | -- | |
| Gutowski Wayne | $89,000 | -- | |
| Brandt A H | $67,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schappell Gregory B | $224,993 | |
| Previous Owner | Smith Thomas F | $84,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/15/2021 01/15/21 | Sold | $299,900 | +1.4% | $271 / Sq Ft |
| 11/20/2020 11/20/20 | Pending | -- | -- | -- |
| 11/18/2020 11/18/20 | For Sale | $295,900 | -- | $268 / 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 | $3,204 | $263,567 | $0 | $0 |
| 2024 | $3,204 | $229,633 | $0 | $0 |
| 2023 | $2,750 | $195,700 | $97,800 | $97,900 |
| 2022 | $2,750 | $195,700 | $97,800 | $97,900 |
| 2021 | $2,765 | $195,700 | $97,800 | $97,900 |
| 2020 | $2,765 | $195,700 | $97,800 | $97,900 |
| 2019 | $2,784 | $195,700 | $97,800 | $97,900 |
| 2018 | $2,756 | $195,700 | $97,800 | $97,900 |
| 2017 | $3,281 | $231,100 | $0 | $0 |
| 2016 | -- | $231,100 | $0 | $0 |
| 2015 | $3,238 | $231,100 | $0 | $0 |
| 2014 | $3,238 | $237,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Elaine Davidson
-
Grant Fritschle
Buyer's Agent in 2021
Grant Fritschle
Keller Williams Realty Delmarva
(410) 430-5880
225 in this area
336 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO118394
APN: 10-221544
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