Seller's Agent in 2020
Kevin Decker
Coastal Life Realty Group LLC
(443) 235-6552
127 in this area
306 Total Sales
615 Salt Spray Rd Unit 2A Ocean City, MD 21842
Estimated Value: $356,000 - $416,000
2
Beds
2
Baths
972
Sq Ft
$167/mo
HOA Fee
Highlights
- 1 Dock Slip
- Home fronts navigable water
- Fishing Allowed
- Ocean City Elementary School Rated A
- Access to Tidal Water
- City View
About This Home
As of March 2020Awesome waterfront condo with southern exposure in a great part of town! This 2 bed/2 bath condo off 94th street on the Bayside is an end unit and the sellers are the original owners. Small, self managed building has been impeccably taken care of. Off street, assigned parking. Short walk or bike ride to the beach and many of Ocean City's best restaurants and attractions. A close by park for the kiddos, the Ocean City Art League and a grocery store right around the corner. A boat slip is assigned here as well, deep water, wide canal. Enjoy outstanding water views and the Ocean City skyline.
Last Agent to Sell the Property
(443) 235-6552 kevin@kevindeckeroc.com Coastal Life Realty Group LLC License #532548 Listed on: 10/25/2019
Last Buyer's Agent
(410) 251-0637 nicholas.preziosi@gmail.com Long & Foster Real Estate, Inc. License #RS-0038512
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,350
Year Built
- Built in 1973
Lot Details
- Home fronts navigable water
- Home fronts a canal
- Cul-De-Sac
- Cleared Lot
HOA Fees
- $167 Monthly HOA Fees
Property Views
- City
- Canal
Home Design
- Entry on the 2nd floor
- Flat Roof Shape
- Block Foundation
- Brick Front
Interior Spaces
- 972 Sq Ft Home
- Property has 1 Level
- Furnished
Kitchen
- Galley Kitchen
- Electric Oven or Range
- Microwave
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- Private Parking
- Off-Street Parking
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Property is near a canal
- Personal Watercraft
- Bulkhead
- Physical Dock Slip Conveys
- 1 Dock Slip
- Electric Motor Boats Only
- Balcony
Location
- Flood Risk
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 9014
- Assessor Parcel Number 10-097827
Community Details
Overview
- Association fees include exterior building maintenance, insurance, lawn maintenance, reserve funds, water
- Low-Rise Condominium
- Hideout Community
Recreation
- Fishing Allowed
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2019
Closed on
Mar 6, 2020
Sold by
Schepers Carl G and Schepers Dolores R
Bought by
Horine Larisa
Seller's Agent
Kevin Decker
Coastal Life Realty Group LLC
Buyer's Agent
Nicholas Preziosi
Long & Foster Real Estate, Inc.
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
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
$169,362
Avg. Annual Appreciation
11.03%
Original Mortgage
$150,000
Outstanding Balance
$133,097
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$246,265
Purchase Details
Closed on
Feb 11, 1987
Sold by
Silvestri Mario A
Bought by
Schepers Carl G and Schepers Dolores R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
9.06%
Purchase Details
Closed on
May 15, 1984
Sold by
Moore James A and Moore Linda D
Bought by
Silvestri Mario A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
13.87%
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 |
|---|---|---|---|
| Horine Larisa | $210,000 | None Available | |
| Schepers Carl G | $65,000 | -- | |
| Silvestri Mario A | $52,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Horine Larisa | $150,000 | |
| Previous Owner | Schepers Carl G | $57,500 | |
| Previous Owner | Silvestri Mario A | $41,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2020 03/06/20 | Sold | $210,000 | -6.7% | $216 / Sq Ft |
| 01/30/2020 01/30/20 | Pending | -- | -- | -- |
| 10/25/2019 10/25/19 | For Sale | $225,000 | -- | $231 / 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 | $3,937 | $288,333 | $0 | $0 |
| 2024 | $3,164 | $226,767 | $0 | $0 |
| 2023 | $2,322 | $165,200 | $82,600 | $82,600 |
| 2022 | $2,322 | $165,200 | $82,600 | $82,600 |
| 2021 | $2,334 | $165,200 | $82,600 | $82,600 |
| 2020 | $2,334 | $165,200 | $82,600 | $82,600 |
| 2019 | $2,304 | $161,967 | $0 | $0 |
| 2018 | $2,236 | $158,733 | $0 | $0 |
| 2017 | $2,139 | $155,500 | $0 | $0 |
| 2016 | -- | $150,633 | $0 | $0 |
| 2015 | $2,158 | $145,767 | $0 | $0 |
| 2014 | $2,158 | $140,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Decker
-
Nicholas Preziosi
Buyer's Agent in 2020
Nicholas Preziosi
Long & Foster
(410) 251-0637
37 in this area
74 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO110066
APN: 10-097827
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