NOT LISTED FOR SALE

616 Salt Spray Rd Unit 8 Ocean City, MD 21842

Estimated Value: $294,743 - $355,000

1 Bed
1.5 Baths
812 Sq Ft
$387/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $200,000 $246 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,074/month

Highlights

  • 13 Feet of Waterfront
  • 1 Dock Slip
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • Pier
  • Canal View

About This Home

As of October 2019

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 and Upgraded Condo: power 8k lb boat lift, replaced Kitchen with stainless steel appliances & granite countertops, new flooring, added closet, ceiling fans, fresh decor, furnishings, 2nd level ductless HVAC, replaced sliders and more. Boat slip #8, account #24-10-726182, currently arranged for pontoon, parts for V-hull configuration in storage cabinet. 2 assigned parking spaces on paved lot, deck to water way with updated vinyl railings, balcony off bedroom with updated vinyl railings, pitched roofing replaced 2011 (fewer leaks than flat roofs). Within 6 easy blocks of the ocean, city playground, tennis, groceries, bark park, Arts Center, good eats and bus stop, safer beach crossing @ 94th Street traffic light. Owner's pamperedBeach House, as a rental expect $900-$1,100 prime. Pre-inspected, Pre-Repaired + 1-year enhanced Home Warranty. Condo Fee @ $200/month, RE Taxes @ $192/month including slip. Affordable with a Bonus Sleep Loft. Well managed, active Condo Association, $3,000 average Reserve Account, One of the "hidden gems" in Ocean City.

Last Agent to Sell the Property

Joy Isenberg Snyder

(410) 723-3600 joy@joysnyder.com RE/MAX Advantage Realty Listed on: 07/09/2019

RE/MAX Advantage Realty

Last Buyer's Agent

Joseph Wilson

(443) 235-8382 joewilsonsells@gmail.com Coastal Life Realty Group LLC License #633148

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,303

Year Built

  • Built in 1982

Lot Details

  • 13 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Cul-De-Sac
  • North Facing Home
  • Cleared Lot
  • Property is in very good condition

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 812 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Furnished
  • Curved or Spiral Staircase
  • Cathedral Ceiling
  • Ceiling Fan
  • Corner Fireplace
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Replacement Windows
  • Insulated Windows
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Six Panel 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
  • Upgraded Countertops

Flooring

  • Laminate
  • 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
  • On-Street Parking
  • Parking Lot
  • Off-Street 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
  • Dock has a Storage Area
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • Limit On Boat Length
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Balcony
  • Deck

Schools

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

Utilities

  • Multiple cooling system units
  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 8
  • Assessor Parcel Number 10-219620

Community Details

Overview

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

Amenities

  • Common Area

Recreation

  • 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

$2,303

Year Built

Built in 1982

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Accessibility Features: 2+ Access Exits
  • 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
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Dryer, 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: Ceramic Tile, Laminated
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Traditional, Spiral Staircase, Tub Shower, Upgraded Countertops, Window Treatments
  • Window Features: Double Pane, Insulated, Screens, Sliding, Replacement
  • Fireplace Features: Corner, Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Six Panel, Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall, Cathedral Ceilings, 9'+ Ceilings, Vaulted Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Bedroom 1, Loft, Bathroom 1, Half Bath
  • 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: 252.46
  • 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: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • View: Canal
  • Water Access Features: Boat - Length Limit, 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
  • Water Frontage In Feet: 13

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned, General Common Elements
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, On Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Ductless/Mini-Split, Multi Units, Wall Unit
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Wall Unit
  • 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

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: Common Grounds, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Reserve Funds, 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: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 103900.00
  • Land Assessed Value: 88900.00
  • Lot Features: Bulkheaded, Cleared, Cul-De-Sac, Interior, Road Frontage
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Deck(s)
  • Property Condition: Very Good, Good
  • Soil Types: Sandy
  • Zoning: R-2
  • Zoning Description: RESIDENTIAL
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: OHM Enterprises, Inc.

Rental Info

  • Furnished: Yes
  • 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: 5415445
  • Tax Annual Amount: 2303.20
  • Assessor Parcel Number: 10-219620
  • Tax Lot: 8
  • Tax Page Number: 17
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Federal Flood Zone: X
  • 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
Jul 9, 2019
Closed on
Oct 25, 2019
Sold by
Stuphin Dana M and Stuphin Trubie A
Bought by
Lukasavage Peter John
Seller's Agent
Joy Isenberg Snyder
RE/MAX Advantage Realty
Buyer's Agent
Joseph Wilson
Coastal Life Realty Group LLC
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%
Current Estimated Value
$314,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,186
Avg. Annual Appreciation
7.80%
Original Mortgage
$100,000
Outstanding Balance
$88,149
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$226,037

Purchase Details

Closed on
Apr 11, 2000
Sold by
Spencer Dennis L
Bought by
Spencer Dennis

Purchase Details

Closed on
May 6, 1998
Sold by
Maykrantz Michael
Bought by
Spencer Dennis L and Spencer Linda I
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
Lukasavage Peter John $200,000 Ocean Investments Title Corp
Spencer Dennis -- --
Spencer Dennis L $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lukasavage Peter John $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2019 10/25/19 Sold $200,000 -2.4% $246 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $205,000 -- $252 / 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 -- $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: MDWO107394

Bright MLS

APN: 10-219620