NOT LISTED FOR SALE

7 Oakley St Cambridge, MD 21613

Estimated Value: $370,479 - $385,000

2 Beds
2 Baths
-- Sq Ft
$495/mo HOA Fee

Last Sold March 08, 2022

Last sale price $300,000

Est. 25% increase in value since last sale

Current estimated payment $2,911/month

158 Days on Market

Highlights

  • 1 Boat Dock
  • Private Water Access
  • Stream or River on Lot
  • Home fronts navigable water
  • River View
  • Open Floorplan

About This Home

As of March 2022

Price Adjustment! Enjoy the water views of the Choptank River from this second floor totally and thoughtfully remodeled condo with private, riverside swimming pool. The unit has luxury vinyl plank flooring throughout, new heating and cooling systems, all new appliances, granite countertops and refurbished bathrooms. Additionally, the complex has just had new roofs installed. Oakley Beach Condominium complex is located in the historic West End of Cambridge convenient to downtown shops, restaurants and city marina. Everything has been updated, must see!

Last Agent to Sell the Property

Carol Baker-Jones

(410) 463-3544 carolbaker@bakerlandcompany.com Benson & Mangold, LLC License #17533 Listed on: 08/03/2021

Benson & Mangold, LLC

Last Buyer's Agent

D'Borah Wilson

(443) 994-7377 dborah@sharonre.com Berkshire Hathaway HomeServices PenFed Realty - OP

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,157

Year Built

  • Built in 2004 | Remodeled in 2019

Lot Details

  • Home fronts navigable water
  • Southeast Facing Home
  • Landscaped
  • Property is in excellent condition

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Gas Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Sliding Doors
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • River Views
  • Intercom
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Private Water Access
  • River Nearby
  • Rip-Rap
  • 1 Boat Dock
  • Private Dock
  • Stream or River on Lot
  • Balcony

Location

  • Flood Zone Lot
  • Flood Risk

Schools

  • Cambridge-South Dorchester High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1007203586

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, insurance, pool(s), reserve funds, snow removal, trash
  • 6 Units
  • Low-Rise Condominium
  • Oakley Beach Condos
  • Oakley Beach Community
  • Cambridge Subdivision
  • Property Manager

Recreation

  • 1 Community Docks
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Amenities

  • 1 Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,157

Year Built

Built in 2004 | Remodeled in 2019

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Dining room chandelier
  • Historic: No
  • Home Warranty: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Washer/Dryer Stacked, Microwave, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Vinyl
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Combination Kitchen/Living, Primary Bath(s), Upgraded Countertops, Elevator, Floor Plan - Traditional
  • Window Features: Insulated, Vinyl Clad
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: No
  • Laundry Type: Has Laundry
  • Above Grade Finished Area Units: Square Feet

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: Frame
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • View: Water, River
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: CHOPTANK RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway, Unassigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 495.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Oakley Beach
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: OAKLEY BEACH
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

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: CALL SCHOOL BOARD
  • High School: CAMBRIDGE-SOUTH DORCHESTER
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 125000.00
  • Land Assessed Value: 40000.00
  • Lot Features: Rip-Rapped, Road Frontage, Landscaping, Flood Plain
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5314640
  • Tax Annual Amount: 4157.00
  • Assessor Parcel Number: 1007203586
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Mar 8, 2022
Sold by
Taylor Bayard L
Bought by
Ball Edmund J and Ball Theresa L
Seller's Agent
Carol Baker-Jones
Benson & Mangold, LLC
Buyer's Agent
D'Borah Wilson
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$365,000
Sold Price
$300,000
Premium/Discount to List
-$65,000
-17.81%
Current Estimated Value
$375,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,620
Avg. Annual Appreciation
6.00%
Original Mortgage
$240,000
Outstanding Balance
$223,829
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$151,791

Purchase Details

Listed on
May 11, 2018
Closed on
Feb 1, 2019
Sold by
Oakley Street Llc
Bought by
Taylor Bayard L and Taylor Gladys P
Seller's Agent
Carol Baker-Jones
Benson & Mangold, LLC
Buyer's Agent
Carol Baker-Jones
Benson & Mangold, LLC
List Price
$209,000
Sold Price
$185,000
Premium/Discount to List
-$24,000
-11.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.88%

Purchase Details

Closed on
Jan 24, 2005
Sold by
Doody David W and Doody Anne P
Bought by
Oakley Street Llc

Purchase Details

Closed on
Jan 11, 2005
Sold by
Doody David W and Doody Anne P
Bought by
Oakley Street Llc

Purchase Details

Closed on
Sep 8, 2004
Sold by
Oakley Beach Llc
Bought by
Doody David W and Doody Anne P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ball Edmund J $300,000 Chicago Title
Taylor Bayard L $185,000 Cambridge Title Co Llc
Oakley Street Llc -- --
Oakley Street Llc -- --
Doody David W $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ball Edmund J $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2022 03/08/22 Sold $300,000 -6.1% --
01/08/2022 01/08/22 Pending -- -- --
10/28/2021 10/28/21 Price Changed $319,500 -5.8% --
09/07/2021 09/07/21 Price Changed $339,000 -7.1% --
08/03/2021 08/03/21 For Sale $365,000 +97.3% --
02/01/2019 02/01/19 Sold $185,000 -11.5% $142 / Sq Ft View Prior Sale
12/17/2018 12/17/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $209,000 -- $161 / 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 $5,425 $288,800 $86,600 $202,200
2024 $4,875 $276,267 $0 $0
2023 $4,875 $263,733 $0 $0
2022 $4,643 $251,200 $75,300 $175,900
2020 $6,563 $193,733 $0 $0
2019 $3,146 $165,000 $40,000 $125,000
2018 $2,940 $158,333 $0 $0
2017 $2,665 $151,667 $0 $0
2016 -- $145,000 $0 $0
2015 $2,941 $145,000 $0 $0
2014 $2,941 $145,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO2000392

Bright MLS

APN: 07-203586