NOT LISTED FOR SALE

704 Laurel Ave Ocean City, MD 21842

Estimated Value: $606,000 - $700,000

4 Beds
2 Baths
1,680 Sq Ft
$385/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $322,000 $192 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,996/month

246 Days on Market

Highlights

  • 0.18 Acre Lot
  • Cape Cod Architecture
  • Attic
  • Ocean City Elementary School Rated A
  • Main Floor Bedroom
  • No HOA

About This Home

As of May 2019

RARE Opportunity to own a North Ocean City / Caine Woods home, being sold with a detached Boat Slip/Pier! This interior lot home backs up to a municipal park, offering a premium lot location in a great neighborhood. Just a short distance down the street is your own private, deeded boat pier, with a boat lift, located on the extra wide & deep MD-DE Bays Throughway (locals know it as the Fenwick Ditch).You can try, but you won't find a better location, a better lot, or a better kept boat slip for anywhere near this price. *Boat slip location is due west of the house on Laurel Avenue. Once street dead-ends at the water the deeded pier is the pier located immediately south of the private boat ramp

Last Agent to Sell the Property

Grant Fritschle

Keller Williams Realty Delmarva License #RA0020779 Listed on: 08/17/2018

Keller Williams Realty Delmarva

Last Buyer's Agent

Ann Englehart

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,346

Year Built

  • Built in 1992

Lot Details

  • 7,750 Sq Ft Lot
  • North Facing Home
  • LOT 16 BLOCK 130 PLAT 4 BOOK 1 FOLIO 40 - ( BOAT SLIP)

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Property has 2 Levels
  • Combination Kitchen and Dining Room
  • Carpet
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Schools

  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Community Details

  • No Home Owners Association
  • Caine Woods Subdivision

Listing and Financial Details

  • Tax Lot 23B
  • Assessor Parcel Number 10-187893

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,346

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: As-Is
  • Home Warranty: No
  • Inclusions: As-Is
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1992
  • Remarks Public: RARE Opportunity to own a North Ocean City / Caine Woods home, being sold with a detached Boat Slip/Pier! This interior lot home backs up to a municipal park, offering a premium lot location in a great neighborhood. Just a short distance down the street is your own private, deeded boat pier, with a boat lift, located on the extra wide & deep MD-DE Bays Throughway (locals know it as the Fenwick Ditch).You can try, but you won't find a better location, a better lot, or a better kept boat slip for anywhere near this price. *Boat slip location is due west of the house on Laurel Avenue. Once street dead-ends at the water the deeded pier is the pier located immediately south of the private boat ramp
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 1
  • Interior Amenities: Attic, Carpet, Combination Kitchen/Dining, Entry Level Bedroom
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 210.06
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 704

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • High School: STEPHEN DECATUR
  • High School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • High School: STEPHEN DECATUR

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: LOT 16 BLOCK 130 PLAT 4 BOOK 1 FOLIO 40 - ( BOAT SLIP)
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7750.00
  • Year Assessed: 2019
  • Zoning: R-1
  • Zoning Description: residential
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5412667
  • Tax Annual Amount: 4346.00
  • Assessor Parcel Number: 10-187893
  • Tax Lot: 23B
  • Tax Total Finished Sq Ft: 1680
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 05/24/2019

Multi Family

  • Federal Flood Zone: X

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
May 24, 2019
Sold by
Stockett Randall T and Chroszielewski Kimberleigh K
Bought by
Skovira Michael and Skovira Jill
Seller's Agent
Grant Fritschle
Keller Williams Realty Delmarva
Buyer's Agent
Ann Englehart
Coldwell Banker Realty
List Price
$384,900
Sold Price
$322,000
Premium/Discount to List
-$62,900
-16.34%
Current Estimated Value
$671,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,001
Avg. Annual Appreciation
11.81%
Original Mortgage
$256,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2012
Sold by
Stockett William T
Bought by
Chroszielewski Kimberleigh K and Chroszielewski Klaus
Source: Public Records

Range of Values:

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Average Value
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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
Skovira Michael $322,000 Mid Atlantic Setmnt Svcs Llc
Chroszielewski Kimberleigh K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skovira Michael $255,000
Closed Skovira Michael $256,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $322,000 -8.8% $192 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
10/30/2018 10/30/18 Price Changed $352,900 -8.3% $210 / Sq Ft
08/17/2018 08/17/18 For Sale $384,900 -- $229 / 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 $5,220 $425,500 $0 $0
2024 $5,220 $374,100 $0 $0
2023 $4,535 $322,700 $152,700 $170,000
2022 $4,455 $316,967 $0 $0
2021 $4,398 $311,233 $0 $0
2020 $4,316 $305,500 $152,700 $152,800
2019 $4,346 $305,500 $152,700 $152,800
2018 $4,303 $305,500 $152,700 $152,800
2017 $4,188 $308,400 $0 $0
2016 -- $295,000 $0 $0
2015 $2,641 $281,600 $0 $0
2014 $2,641 $268,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002256892

Bright MLS

APN: 10-187893