NOT LISTED FOR SALE

615 Salt Spray Rd Unit 2D Ocean City, MD 21842

Estimated Value: $368,000 - $420,000

2 Beds
2 Baths
972 Sq Ft
$167/mo HOA Fee

Last Sold June 03, 2019

Last sale price $199,000 $205 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,553/month

Highlights

  • Primary bedroom faces the bay
  • 1 Dock Slip
  • Access to Tidal Water
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Bayside

About This Home

As of June 2019

Extremely well kept 2 bedroom 2 bathroom bayside condo located on the north side of town with boat slip, owners storage area, extra large balcony over looking the expansive forked canal views. Spacious living areas and bedrooms. Boat slip directly behind the unit. Very reasonable condo fees, self managed condo association. This condo has it all! Don t miss out on this opportunity to own your place at the beach!

Last Agent to Sell the Property

Celeste Dodson

(443) 235-3834 Ceyainoc@comcast.net Berkshire Hathaway HomeServices PenFed Realty-WOC License #576050 Listed on: 04/17/2019

Berkshire Hathaway HomeServices PenFed Realty-WOC

Last Buyer's Agent

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1973

Lot Details

  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Entry on the 2nd floor
  • Brick Front

Interior Spaces

  • 972 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Partially Furnished
  • Window Treatments
  • Dining Area
  • Carpet
  • Canal Views
  • Stacked Washer and Dryer

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • 2 Full Bathrooms

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Physical Dock Slip Conveys
  • 1 Dock Slip

Location

  • Flood Risk
  • Bayside

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, exterior building maintenance, insurance, pier/dock maintenance, reserve funds
  • Low-Rise Condominium
  • Hideout Condos
  • Hideout Community

Listing and Financial Details

  • Tax Lot 9014
  • Assessor Parcel Number 10-097460

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,350

Year Built

Built in 1973

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Fee Simple
  • Exclusions: See exclusion list provided in the document portion of this listing
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater, Washer/Dryer Stacked
  • Entry Floor: 2
  • Interior Amenities: Carpet, Dining Area, Flat, Floor Plan - Traditional, Kitchen - Galley, Primary Bath(s), Primary Bedroom - Bay Front, Wet/Dry Bar, Window Treatments
  • Fireplace: No
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 972
  • Living Area Sq Ft: 972
  • Price Per Sq Ft: 210.91
  • Above Grade Finished Sq Ft: 972
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Brick Front
  • Spa: No
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 500.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Hideout
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pier/Dock Maintenance, Reserve Funds
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Zoning: R-2
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5405078
  • Tax Annual Amount: 2350.00
  • Assessor Parcel Number: 10-097460
  • Tax Lot: 9014
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Jun 3, 2019
Sold by
Hagen Barry and Hagen Jean Clare
Bought by
Bilo Ronald Allen and Bilo Christy Marie
Seller's Agent
Celeste Dodson
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Dustin Oldfather
Compass
List Price
$205,000
Sold Price
$199,000
Premium/Discount to List
-$6,000
-2.93%
Current Estimated Value
$393,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,050
Avg. Annual Appreciation
11.20%
Original Mortgage
$184,114
Outstanding Balance
$161,553
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$231,497

Purchase Details

Closed on
Jan 8, 2015
Sold by
Hagen Barry and Hagen Elizabeth C
Bought by
Hagen Barry and Hagen Jean Clare

Purchase Details

Closed on
Nov 15, 2012
Sold by
Hagen Barry
Bought by
Hagen Barry and Hagen Elizabeth C

Purchase Details

Closed on
Jan 18, 2011
Sold by
Hagen Barry
Bought by
Hagen Barry

Purchase Details

Closed on
Jan 4, 2010
Sold by
Hagen Barry
Bought by
Hagen Barry and Hagen Elizabeth C

Purchase Details

Closed on
Aug 26, 2009
Sold by
Hagen Barry and Hagen Jean
Bought by
Hagen Barry

Purchase Details

Closed on
Oct 5, 1999
Sold by
Scheuerman Brecht John J
Bought by
Hagen Barry and Hagen Jean

Purchase Details

Closed on
Dec 5, 1995
Sold by
Steven Spine Francis and Elaine Joan
Bought by
Scheuerman Brecht John J and Scheuerman Dorothy E
Source: Public Records

Range of Values:

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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
Bilo Ronald Allen $199,000 Capitol Title Insurance Agcy
Hagen Barry -- Olde Towne Title Inc
Hagen Barry -- Olde Towne Title Inc
Hagen Barry -- --
Hagen Barry -- --
Hagen Barry -- --
Hagen Barry $74,000 --
Scheuerman Brecht John J $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bilo Ronald Allen $184,114
Closed Scheuerman Brecht John J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2019 06/03/19 Sold $199,000 -2.9% $205 / Sq Ft
04/17/2019 04/17/19 For Sale $205,000 -- $211 / 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 $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

  • Celeste Dodson

    Seller's Agent in 2019

    Celeste Dodson

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    (443) 235-3834

    23 in this area

    52 Total Sales

    Celeste Dodson
    Section Image
  • Dustin Oldfather

    Buyer's Agent in 2019

    Dustin Oldfather

    Compass

    (302) 249-5899

    109 in this area

    1,482 Total Sales

    Dustin Oldfather
    Section Image
  • Sherry Thens

    Buyer Co-Listing Agent in 2019

    Sherry Thens

    Coldwell Banker Realty

    (302) 500-1809

    53 in this area

    112 Total Sales

    Sherry Thens
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO105452

Bright MLS

APN: 10-097460

Maryland Worcester County Ocean City 21842

615 Salt Spray Rd Unit 2D, Ocean City, MD

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