NOT LISTED FOR SALE

703 94th St Unit 3 Ocean City, MD 21842

Estimated Value: $496,234 - $565,000

3 Beds
3 Baths
1,376 Sq Ft
$382/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $353,000 $257 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,356/month

Highlights

  • Private Dock Site
  • Home fronts navigable water
  • Canal View
  • Ocean City Elementary School Rated A
  • Access to Tidal Water
  • Main Floor Bedroom

About This Home

As of October 2020

Boaters delight. Spacious 3 bedroom 3 full bath waterfront 2 story townhouse with boat slip and boat lift. Features brand new HVAC, newer flooring, recently renovated baths, 1st floor bedroom/bath, 2 large waterfront decks and outside storage closet. Fully furnished and ready to move in. Low Condo Fees. Great location near the end of 94th street. Close to shopping and your favorite restaurants.

Last Agent to Sell the Property

Anthony Golden

(443) 783-0249 tony@oceancity4sales.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 08/28/2020

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Carol Proctor

(443) 567-0650 carol@carolproctor.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288

Last Buyer's Agent

Anthony Golden

(443) 783-0249 tony@oceancity4sales.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 08/28/2020

Berkshire Hathaway HomeServices PenFed Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,616

Year Built

  • Built in 1981

Lot Details

  • Home fronts navigable water
  • Home fronts a canal
  • Property is in very good condition

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • Block Foundation
  • Frame Construction
  • Asbestos Shingle Roof

Interior Spaces

  • 1,376 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Skylights
  • Corner Fireplace
  • Window Treatments
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Private Dock Site
  • Outdoor Storage

Location

  • Flood Risk

Schools

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

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 3
  • Assessor Parcel Number 10-209498

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, water
  • South View Condos
  • South View Community
  • Little Salisbury Subdivision

Amenities

  • Community Storage Space

Recreation

  • Boat Dock
  • Pier or Dock

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,616

Year Built

Built in 1981

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Bi-Level
  • Ownership: Condominium
  • Exclusions: Personal items and various wall hangings
  • Home Warranty: No
  • Inclusions: Furniture
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Laminated, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Primary Bath(s), Skylight(s), Window Treatments
  • Fireplace Features: Corner
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1376
  • Living Area Sq Ft: 1376
  • Price Per Sq Ft: 254.29
  • Above Grade Finished Sq Ft: 1376
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Secure Storage
  • Roof: Asbestos Shingle
  • View: Canal
  • Water Access: Yes
  • Water Body Name: Assawoman Bay
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2800.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: South View
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Extra Storage, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Water
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5414602
  • Tax Annual Amount: 3616.00
  • Assessor Parcel Number: 10-209498
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • 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
Aug 28, 2020
Closed on
Oct 16, 2020
Sold by
Sparr Guy A and Sparr Patricia M
Bought by
Toledo Richard P and Toledo Melissa J
Seller's Agent
Anthony Golden
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Anthony Golden
Berkshire Hathaway HomeServices PenFed Realty
List Price
$349,900
Sold Price
$353,000
Premium/Discount to List
$3,100
0.89%
Current Estimated Value
$526,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,309
Avg. Annual Appreciation
8.26%
Original Mortgage
$317,700
Outstanding Balance
$282,062
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$244,247

Purchase Details

Listed on
Jan 12, 2018
Closed on
Apr 26, 2019
Sold by
Krimm C Alan and Krimm Carol L
Bought by
Sparr Guy A and Sparr Patricia M
Seller's Agent
Jamie Caine
Coldwell Banker Realty
Buyer's Agent
Anthony Golden
Berkshire Hathaway HomeServices PenFed Realty
List Price
$297,550
Sold Price
$288,000
Premium/Discount to List
-$9,550
-3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.74%

Purchase Details

Closed on
Feb 16, 1999
Sold by
Krimm C Alan C and Krimm Carol L
Bought by
Krimm C Alan C and Krimm Carol L

Purchase Details

Closed on
Mar 30, 1987
Sold by
Taylor Donald F and Taylor Walda L
Bought by
Perry John C and Perry Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
9.03%
Source: Public Records

Range of Values:

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List Price
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
Toledo Richard P $353,000 Capitol Title Group
Sparr Guy A $288,000 None Available
Krimm C Alan C -- --
Perry John C $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toledo Richard P $317,700
Previous Owner Perry John C $84,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2020 10/16/20 Sold $353,000 +0.9% $257 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $349,900 +21.5% $254 / Sq Ft
04/26/2019 04/26/19 Sold $288,000 -3.2% $209 / Sq Ft View Prior Sale
03/22/2019 03/22/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $297,550 +3.3% $216 / Sq Ft
01/14/2019 01/14/19 Off Market $288,000 -- --
10/30/2018 10/30/18 For Sale $297,550 0.0% $216 / Sq Ft
04/27/2018 04/27/18 Price Changed $297,550 -2.4% $216 / Sq Ft
01/13/2018 01/13/18 For Sale $304,990 -- $222 / 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 $4,421 $323,767 $0 $0
2024 $4,044 $289,833 $0 $0
2023 $3,596 $255,900 $127,900 $128,000
2022 $3,596 $255,900 $127,900 $128,000
2021 $3,616 $255,900 $127,900 $128,000
2020 $3,616 $255,900 $127,900 $128,000
2019 $3,640 $255,900 $127,900 $128,000
2018 $3,604 $255,900 $127,900 $128,000
2017 $3,633 $255,900 $0 $0
2016 -- $255,900 $0 $0
2015 $3,576 $255,900 $0 $0
2014 $3,576 $277,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Golden

    Seller's Agent in 2020

    Anthony Golden

    BHHS PenFed (actual)

    (443) 783-0249

    156 in this area

    186 Total Sales

    Anthony Golden
    Section Image
  • Carol Proctor

    Seller Co-Listing Agent in 2020

    Carol Proctor

    BHHS PenFed (actual)

    (443) 567-0650

    390 in this area

    540 Total Sales

    Carol Proctor
    Section Image
  • Jamie Caine

    Seller's Agent in 2019

    Jamie Caine

    Coldwell Banker Realty

    (410) 726-0725

    168 in this area

    251 Total Sales

    Jamie Caine
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO116386

Bright MLS

APN: 10-209498

Maryland Worcester County Ocean City 21842

703 94th St Unit 3, Ocean City, MD

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