NOT LISTED FOR SALE

616 Salt Spray Rd Unit 9 Ocean City, MD 21842

Estimated Value: $292,721 - $323,000

1 Bed
1 Bath
812 Sq Ft
$376/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $174,500 $215 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,029/month

Highlights

  • Coastal Architecture
  • Central Heating and Cooling System
  • Dogs and Cats Allowed
  • Ocean City Elementary School Rated A

About This Home

As of October 2019

This home is located at 616 Salt Spray Rd Unit 9, Ocean City, MD 21842 since 04 November 2019 and is currently estimated at $305,680, approximately $376 per square foot. This property was built in 1982. 616 Salt Spray Rd Unit 9 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office Listed on: 11/04/2019

Last Buyer's Agent

Linda Moran

(443) 614-2261 linda.moran@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #52961

Berkshire Hathaway HomeServices PenFed Realty-WOC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1982

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Traditional Architecture

Interior Spaces

  • 812 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Flood Risk
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 8977
  • Assessor Parcel Number 10-219612

Community Details

Overview

  • Association fees include common area maintenance
  • Pier Twelve Community

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,090

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: Traditional, Coastal
  • Ownership: Condominium
  • New Construction: No
  • Story List: Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 812
  • Living Area Sq Ft: 812
  • Price Per Sq Ft: 214.90
  • Above Grade Finished Sq Ft: 812
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 600.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5415444
  • Tax Annual Amount: 2090.00
  • Assessor Parcel Number: 10-219612
  • Tax Lot: 8977
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Oct 4, 2019
Sold by
Gostomski Joseph C and Gostomski Margaret A
Bought by
Slaybaugh Jason A and Slaybaugh Tanya M
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Linda Moran
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$174,500
Sold Price
$174,500
Current Estimated Value
$305,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,180
Avg. Annual Appreciation
9.68%
Original Mortgage
$154,500
Outstanding Balance
$135,071
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$170,609

Purchase Details

Closed on
May 11, 1989
Sold by
Orbanus Daniel J and Orbanus Ann R
Bought by
Mckeever William J and Mckeever Colleen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
10.97%

Purchase Details

Closed on
Feb 17, 1984
Sold by
Lewis Richard H and Lewis Mary P
Bought by
Orbanus Daniel J and Orbanus Ann R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,410
Interest Rate
13.19%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Slaybaugh Jason A $174,500 Capitol Title Group
Mckeever William J $72,000 --
Orbanus Daniel J $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slaybaugh Jason A $154,500
Previous Owner Mckeever William J $54,000
Previous Owner Orbanus Daniel J $58,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2019 11/04/19 For Sale $174,500 0.0% $215 / Sq Ft
10/04/2019 10/04/19 Sold $174,500 -- $215 / Sq Ft
09/15/2019 09/15/19 Pending -- -- --
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO110276

Bright MLS

APN: 10-219612