NOT LISTED FOR SALE

Estimated Value: $599,449 - $673,000

2 Beds
2 Baths
1,379 Sq Ft
$420/mo HOA Fee

Last Sold March 30, 2020

Last sale price $439,000 $318 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,113/month

Highlights

  • Home fronts navigable water
  • Access to Tidal Water
  • Bay View
  • Grasonville Elementary School Rated A-
  • Fitness Center
  • Open Floorplan

About This Home

As of March 2020

There couldn't be more diverse and incredible water view from this lovely 2 Bedroom / 2 Bath condominium. To your left, you will find the adjacent marina and view of the protected waters of Marshy Creek. To your right, the expansive view of the channel of the Kent Narrows and Prospect Bay (and even farther out, Eastern Bay!) To call the sunsets "amazing" is to cheat them of their intensity....spectacular maybe?? Come and see and decide on the adjective that suits you best!The open floorplan has floor-to-ceiling windows and sliders. Fabulous light POURS into the space and brightens every corner of the room. It will absolutely be the first thing you notice upon entry...."JUST, WOW".Ok, so what else? There is a wood burning fireplace to add even more ambiance to the space. The southeastern orientation turns its back on the chilly northwest winds in Winter, so mild days will draw your outside onto the balcony. The Kitchen has lots of cabinets and feels well connected to the Living and Dining rooms.The Bedrooms are spacious and able to accommodate larger-scaled furniture. The closets are nicely sized and there is otherwise ample storage throughout.Oyster Cove has waterfront walking paths, a nice community center with outdoor pool and convenient access to the Kent Narrows nightlife, but this unit is turned away from all of that, so you can be CLOSE, but not TOO CLOSE. Spring is on its way to Oyster Cove, so the true beauty of the lovingly tended grounds is on its way too. My Seller says it's his favorite time of year there.Come see this unit. It won't disappoint. And you won't want to leave!

Last Agent to Sell the Property

Scott Saunders

(410) 490-2081 scotts@watermanrealty.com Coldwell Banker Waterman Realty Listed on: 02/04/2020

Coldwell Banker Waterman Realty

Last Buyer's Agent

Nicole Giordano

(443) 336-7120 Nicole@watermanrealty.com Coldwell Banker Waterman Realty License #678072

Coldwell Banker Waterman Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,932

Year Built

  • Built in 1987

Lot Details

  • 1,394

HOA Fees

Property Views

  • Bay
  • Harbor
  • Panoramic
  • Scenic Vista
  • Creek or Stream

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Cement Siding

Interior Spaces

  • 1,379 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • Lighted Parking
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property near a bay

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Home fronts navigable water
  • Bayside

Listing and Financial Details

  • Tax Lot 3B
  • Assessor Parcel Number 1805040507

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, pool(s), recreation facility, snow removal, trash
  • Oyster Cove Homeowner's Association, Phone Number (410) 827-0560
  • Low-Rise Condominium
  • Oyster Cove Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,932

Year Built

Built in 1987

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-02-18
  • Year Built: 1987
  • Remarks Public: There couldn't be more diverse and incredible water view from this lovely 2 Bedroom / 2 Bath condominium. To your left, you will find the adjacent marina and view of the protected waters of Marshy Creek. To your right, the expansive view of the channel of the Kent Narrows and Prospect Bay (and even farther out, Eastern Bay!) To call the sunsets "amazing" is to cheat them of their intensity....spectacular maybe?? Come and see and decide on the adjective that suits you best!The open floorplan has floor-to-ceiling windows and sliders. Fabulous light POURS into the space and brightens every corner of the room. It will absolutely be the first thing you notice upon entry...."JUST, WOW".Ok, so what else? There is a wood burning fireplace to add even more ambiance to the space. The southeastern orientation turns its back on the chilly northwest winds in Winter, so mild days will draw your outside onto the balcony. The Kitchen has lots of cabinets and feels well connected to the Living and Dining rooms.The Bedrooms are spacious and able to accommodate larger-scaled furniture. The closets are nicely sized and there is otherwise ample storage throughout.Oyster Cove has waterfront walking paths, a nice community center with outdoor pool and convenient access to the Kent Narrows nightlife, but this unit is turned away from all of that, so you can be CLOSE, but not TOO CLOSE. Spring is on its way to Oyster Cove, so the true beauty of the lovingly tended grounds is on its way too. My Seller says it's his favorite time of year there.Come see this unit. It won't disappoint. And you won't want to leave!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Built-In Microwave, Dryer - Electric, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Elevator, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Walk-In Closet(s)
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1379
  • Living Area Sq Ft: 1379
  • Price Per Sq Ft: 318.35
  • Above Grade Finished Sq Ft: 1379
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 633

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: Cement Siding
  • Exterior Features: Sidewalks, Street Lights
  • View: Bay, Creek/Stream, Harbor, Panoramic, Scenic Vista, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Lighted Parking, Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 230.96
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 189.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Exercise Room, Jog/Walk Path, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Pool(s), Recreation Facility, Snow Removal, Trash
  • HOA Name: OYSTER COVE HOMEOWNER'S ASSOCIATION
  • HOA Phone: (410) 827-0560
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137777627
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 185000.00
  • Land Assessed Value: 225000.00
  • Land Use Code: 110
  • Year Assessed: 2020
  • Zoning: WVC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4531533
  • Tax Annual Amount: 3932.00
  • Assessor Parcel Number: 1805040507
  • Tax Lot: 3B
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 03/30/2020

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Mar 31, 2020
Sold by
Angier John C
Bought by
Rafferty Paul and Rafferty Mary Jean
Seller's Agent
Scott Saunders
Coldwell Banker Waterman Realty
Buyer's Agent
Nicole Giordano
Coldwell Banker Waterman Realty
List Price
$439,000
Sold Price
$439,000
Current Estimated Value
$629,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,362
Avg. Annual Appreciation
6.67%
Original Mortgage
$329,250
Outstanding Balance
$291,676
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$337,686

Purchase Details

Listed on
May 3, 2014
Closed on
Jul 3, 2014
Sold by
Austin Charles and Austin Beverly
Bought by
Angier John C
Seller's Agent
Kevin Riffle
Keller Williams Select Realtors of Annapolis
Buyer's Agent
Scott Saunders
Coldwell Banker Waterman Realty
List Price
$375,000
Sold Price
$320,000
Premium/Discount to List
-$55,000
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$200,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 1998
Sold by
Austin Charles
Bought by
Austin Charles S

Purchase Details

Closed on
Oct 26, 1992
Sold by
Second National Federal Savings Bk
Bought by
Austin Charles and Austin Beverly S

Purchase Details

Closed on
Oct 7, 1991
Sold by
Oyster Cove Partnership
Bought by
Second National Federal Savings Bk
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
Rafferty Paul $439,000 The Atlantic Title Group
Angier John C $320,000 First American Title Ins Co
Austin Charles S -- --
Austin Charles $158,000 --
Second National Federal Savings Bk $2,826,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rafferty Paul $329,250
Previous Owner Angier John C $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2020 03/30/20 Sold $439,000 0.0% $318 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $439,000 +37.2% $318 / Sq Ft
07/03/2014 07/03/14 Sold $320,000 -14.7% $232 / Sq Ft View Prior Sale
05/22/2014 05/22/14 Pending -- -- --
05/03/2014 05/03/14 For Sale $375,000 0.0% $272 / Sq Ft
04/24/2012 04/24/12 Rented $2,000 0.0% --
04/24/2012 04/24/12 Under Contract -- -- --
03/07/2012 03/07/12 For Rent $2,000 -- --
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 $4,710 $500,000 $0 $0
2024 $4,475 $475,000 $250,000 $225,000
2023 $4,270 $453,333 $0 $0
2022 $4,066 $431,667 $0 $0
2021 $3,932 $410,000 $225,000 $185,000
2020 $3,932 $410,000 $225,000 $185,000
2019 $3,932 $410,000 $225,000 $185,000
2018 $4,076 $425,000 $200,000 $225,000
2017 $3,597 $400,000 $0 $0
2016 -- $375,000 $0 $0
2015 $4,149 $350,000 $0 $0
2014 $4,149 $350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA142808

Bright MLS

APN: 05-040507