NOT LISTED FOR SALE

616 Salt Spray Rd Unit 12 Ocean City, MD 21842

Estimated Value: $307,000 - $355,000

1 Bed
1.5 Baths
812 Sq Ft
$393/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $251,000 $309 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,100/month

Highlights

  • 1 Dock Slip
  • Pier
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Open Floorplan

About This Home

As of March 2021

Boater's Delight: popular North Island location via 94th Street on a quieter, shorter, no thru-traffic cul-de-sac street. 2-level Water Front Relaxing on this updated East Corner Condo. Expanded corner Boat Slip with 10k lb power aluminum lift (maximum 21'-22' boat length), replaced Kitchen with stainless steel appliances, updated Baths, newer flooring, added ceiling fans, fresh decor and furnishings, added multiple ductless HVAC units (provide forced air heat pump climate control, much more efficient and economical than electric baseboard) extra windows where wall AC units were removed, wood-burning fireplace, cathedral Living Room. 2 assigned parking spaces on paved lot, direct side lawn access from parking lot to waterway, water front deck with updated vinyl railings and storage locker (electric grilles permitted), balcony off Bedroom with updated vinyl railings and storage shed, pitched roofing and gutters replaced 2011 (fewer leaks than flat roof). Affordable and Comfortable with a Bonus Sleep Loft. Within 6 blocks of the Ocean, City Playground, Tennis, Groceries, Bark Park, Arts Center, good eats, bus stop, safer beach crossing @ 94th intersection traffic light. Owner's pampered Beach Home; as a rental expect $900-$1,100 prime. Pre-inspected + 1-year enhanced Home Warranty. Condo Fee @ $200/month, Real Estate Taxes @ $191/month including boat slip. Well managed, active Condo Association, intimate 12-unit Community, $3,000 average Reserve Account. One of the "hidden gems" in Ocean City. Boat Slip #12: account #24-10-726220, assessment value @ $15,000, Real Estate Taxes included in totals.

Last Agent to Sell the Property

Joy Isenberg Snyder

(410) 723-3600 joy@joysnyder.com RE/MAX Advantage Realty Listed on: 01/26/2021

RE/MAX Advantage Realty

Last Buyer's Agent

Mary Ann O'Malley

(443) 614-6212 momalley819@gmail.com RE/MAX Advantage Realty License #528880

RE/MAX Advantage Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,288

Year Built

  • Built in 1982 | Remodeled in 2015

Lot Details

  • Home fronts navigable water
  • Cul-De-Sac
  • North Facing Home
  • No Through Street
  • Interior Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Side Yard
  • Property is in very good condition

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Entry on the 1st floor
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 812 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Curved or Spiral Staircase
  • Ceiling Fan
  • Corner Fireplace
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Combination Dining and Living Room
  • Loft
  • Canal Views
  • Crawl Space
  • Non-Monitored Security

Kitchen

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

Flooring

  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Stacked Electric Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Private Parking
  • Paved Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking
  • Surface Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • Personal Watercraft
  • Bulkhead
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Powered Boats Permitted
  • Lake Privileges
  • Balcony
  • Deck
  • Porch

Location

  • Flood Risk
  • Bayside

Schools

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

Utilities

  • Multiple cooling system units
  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 12
  • Assessor Parcel Number 10-219582

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn care side, lawn maintenance, reserve funds, snow removal, water
  • Pier Twelve Condominium Association Condos
  • Built by OHM Enterprises, Inc.
  • Pier Twelve Community
  • Little Salisbury Subdivision

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Pier or Dock
  • Fishing Allowed

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,288

Year Built

Built in 1982 | Remodeled in 2015

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal, Traditional
  • Ownership: Condominium
  • Exclusions: ITEMIZED INVENTORY PROVIDED.
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: ITEMIZED INVENTORY PROVIDED.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Year Renovated: 2015
  • Assigned Parking Space Numbers: 12, 12
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Partially Carpeted
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Spiral Staircase, Tub Shower, Window Treatments
  • Window Features: Double Pane, Insulated, Screens, Sliding
  • Fireplace Features: Corner, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Crawl Space, Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Bedroom 1, Loft, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Upper Floor, Washer In Unit
  • Total Sq Ft: 812
  • Living Area Sq Ft: 812
  • Price Per Sq Ft: 307.88
  • Above Grade Finished Sq Ft: 812
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Black Top, Paved
  • Roof: Asphalt, Shingle
  • Spa: No
  • View: Canal
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: CANAL #34.1
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Asphalt Driveway, Assigned, General Common Elements, Paved Driveway, Paved Parking, Private, Surface
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, On Street, Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Ductless/Mini-Split, Multi Units, Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Non-Monitored, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 600.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: PIER TWELVE CONDOMINIUM ASSOCIATION
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Non-Subdivision, Pier/Dock, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Side, Lawn Maintenance, Reserve Funds, Snow Removal, Water
  • 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
  • Improvement Assessed Value: 73500.00
  • Land Assessed Value: 73400.00
  • Lot Features: Bulkheaded, Cleared, Cul-De-Sac, Interior, Level, No Thru Street, Not In Development, Open, Private, Road Frontage, Sideyard(s)
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es)
  • Property Condition: Very Good
  • Soil Types: Sandy
  • Zoning: R-2
  • Zoning Description: RESIDENTIAL APPLICATION.
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: OHM Enterprises, Inc.

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis, Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5415441
  • Tax Annual Amount: 2287.50
  • Assessor Parcel Number: 10-219582
  • Tax Lot: 12
  • Tax Page Number: 209
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Federal Flood Zone: B
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Mar 12, 2021
Sold by
Dembeck Paul A and Dembeck Patricia Ann
Bought by
Homa Eric J and Homa Amber M
Seller's Agent
Joy Isenberg Snyder
RE/MAX Advantage Realty
Buyer's Agent
Mary Ann O'Malley
RE/MAX Advantage Realty
List Price
$250,000
Sold Price
$251,000
Premium/Discount to List
$1,000
0.4%
Current Estimated Value
$319,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,149
Avg. Annual Appreciation
5.32%
Original Mortgage
$200,800
Outstanding Balance
$180,003
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$139,146

Purchase Details

Closed on
Mar 15, 1988
Sold by
Dudley William A and Dudley Audrey D
Bought by
Dembeck Paul A and Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
9.96%

Purchase Details

Closed on
Jul 13, 1982
Sold by
Omh Enterprises Inc
Bought by
Dudley William A and Dudley Audrey D
Source: Public Records

Range of Values:

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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
Homa Eric J $251,000 Maryland Title Servies
Dembeck Paul A $70,000 --
Dudley William A $61,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homa Eric J $200,800
Previous Owner Dembeck Paul A $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $251,000 +0.4% $309 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $250,000 -- $308 / 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 $2,716 $198,900 $0 $0
2024 $2,413 $172,900 $0 $0
2023 $2,065 $146,900 $73,400 $73,500
2022 $2,065 $146,900 $73,400 $73,500
2021 $2,076 $146,900 $73,400 $73,500
2020 $2,076 $146,900 $73,400 $73,500
2019 $2,084 $146,900 $73,400 $73,500
2018 $2,069 $146,900 $73,400 $73,500
2017 $2,524 $177,800 $0 $0
2016 $2,426 $177,800 $0 $0
2015 $2,426 $177,800 $0 $0
2014 $2,426 $177,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO119526

Bright MLS

APN: 10-219582