NOT LISTED FOR SALE

635 Gulf Stream Dr Ocean City, MD 21842

Estimated Value: $597,319 - $787,000

3 Beds
2 Baths
1,876 Sq Ft
$354/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $342,000 $182 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,867/month

Highlights

  • Rambler Architecture
  • Cathedral Ceiling
  • Corner Lot
  • Ocean City Elementary School Rated A
  • Main Floor Bedroom
  • Furnished

About This Home

As of July 2018

Custom built,over-sized Rancher (1876 sq.ft.) on an over-sized corner lot (4496 sq.ft.) in the sought after community of Montego Bay in quiet North O.C. Home features cathedral ceilings,tile floors and an enclosed porch with HVAC and new Vinyl windows. Wide views of the canal between the homes across the street. Great corner location giving you a more wide open, private feel.

Last Agent to Sell the Property

Bill Rothstein

(443) 280-2530 montegobayrealty@aol.com Montego Bay Realty License #636931 Listed on: 05/21/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,289

Year Built

  • Built in 2007

Lot Details

  • 4,496 Sq Ft Lot
  • Corner Lot
  • Cleared Lot
  • Property is zoned MH-1

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,876 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Crawl Space
  • Storage In Attic
  • Storm Doors

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch
  • Storage Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 120/240V
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 1191B
  • Assessor Parcel Number 318815

Community Details

Overview

  • Montego Bay Civic Association
  • Montego Bay Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,289

Year Built

Built in 2007

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Storage: Attic
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Icemaker, Washer
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Skylight(s), Window Treatments
  • Window Features: Skylights, Insulated, Screens
  • Door Features: Storm
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1876
  • Living Area Sq Ft: 1876
  • Price Per Sq Ft: 186.51
  • Above Grade Finished Sq Ft: 1876
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Concrete, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 247.50
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA Name: MONTEGO BAY CIVIC ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared, Corner
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4496.00
  • Outdoor Living Structures: Enclosed, Screened
  • Zoning: MH-1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5424246
  • Tax Annual Amount: 4288.65
  • Assessor Parcel Number: 318815
  • Tax Lot: 1191B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Jul 20, 2018
Sold by
Lewald Michael P and Lewald Kristen E
Bought by
Debuchananne Vera and Vera Debuchananne Revocable Li
Seller's Agent
Bill Rothstein
Montego Bay Realty
List Price
$349,900
Sold Price
$342,000
Premium/Discount to List
-$7,900
-2.26%
Current Estimated Value
$663,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,830
Avg. Annual Appreciation
9.54%

Purchase Details

Closed on
Aug 11, 2004
Sold by
Burnett Edwin D
Bought by
Lewald Michael P and Lewald Kristen E

Purchase Details

Closed on
Apr 24, 2001
Sold by
Connell William C and Connell Linda L
Bought by
Burnett Edwin D

Purchase Details

Closed on
Dec 7, 1988
Sold by
Ocean Development Corp
Bought by
Connell William C and Connell Linda L
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
Debuchananne Vera $342,000 Capitol Title Ins Agency
Lewald Michael P $150,000 --
Burnett Edwin D $65,000 --
Connell William C $43,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Burnett Edwin D --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2018 07/20/18 Sold $342,000 -2.3% $182 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $349,900 -- $187 / 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 $4,258 $457,000 $0 $0
2024 $4,238 $380,400 $0 $0
2023 $4,155 $303,800 $110,000 $193,800
2022 $4,075 $295,400 $0 $0
2021 $4,017 $287,000 $0 $0
2020 $3,936 $278,600 $110,000 $168,600
2019 $3,963 $278,600 $110,000 $168,600
2018 $3,924 $278,600 $110,000 $168,600
2017 $4,041 $303,600 $0 $0
2016 -- $284,667 $0 $0
2015 $3,661 $265,733 $0 $0
2014 $3,661 $246,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001563672

Bright MLS

APN: 10-318815