NOT LISTED FOR SALE

717 Loop Rd Ocean City, MD 21842

Estimated Value: $827,000 - $1,385,168

0.1 Acre
$12,062,920 Price per Acre
4,500 Sq Ft Lot

Last Sold November 25, 2019

Last sale price $265,000

Est. 355% increase in value since last sale

Current estimated payment $7,392/month

Highlights

  • Home fronts navigable water
  • Water Access
  • No HOA
  • Ocean City Elementary School Rated A
  • Bay View

About This Lot

As of November 2019

One of the last remaining waterfront building lots in all of OC! Located in the community of Caine Woods in North Ocean City. Just a few blocks from the beach and close to Fenwick Island, Delaware. This lot is on a wide lagoon, with a dock already in place, and has southern exposure, views of the open bay and the sunset. Come build your dream home here!

Last Agent to Sell the Property

Ryan Haley

(443) 880-8078 ryan@ryanhaley.com Atlantic Shores Sotheby's International Realty License #580256 Listed on: 05/06/2019

Atlantic Shores Sotheby's International Realty

Last Buyer's Agent

Norma Robertson

(301) 518-8930 normarr@aol.com RE/MAX Realty Group License #32160

RE/MAX Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,905

Lot Details

  • 4,500 Sq Ft Lot
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor

Property Views

  • Bay Views

Listing and Financial Details

  • Tax Lot 9444A
  • Assessor Parcel Number 10-184991

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Access
  • Property is near a canal

Property Details

Property Type

Land

Est. Annual Taxes

$3,905

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant, Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: One of the last remaining waterfront building lots in all of OC! Located in the community of Caine Woods in North Ocean City. Just a few blocks from the beach and close to Fenwick Island, Delaware. This lot is on a wide lagoon, with a dock already in place, and has southern exposure, views of the open bay and the sunset. Come build your dream home here!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 70.00
  • Street Number Modifier: 717

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • Road Surface Type: Paved
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Year Assessed: 2019
  • Zoning: R-1
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5412439
  • Tax Annual Amount: 3905.00
  • Assessor Parcel Number: 10-184991
  • Tax Lot: 9444A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 11/25/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Nov 25, 2019
Sold by
Stearns Kathy Wellham and Wellham George Wilson
Bought by
Robertson Paul Lindsey and Robertson Kristin S
Seller's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
Buyer's Agent
Norma Robertson
RE/MAX Realty Group
List Price
$315,000
Sold Price
$265,000
Premium/Discount to List
-$50,000
-15.87%
Current Estimated Value
$1,206,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$941,292
Avg. Annual Appreciation
29.12%

Purchase Details

Closed on
Jan 20, 2004
Sold by
Kathy Stearns
Bought by
Wellham Stearns Kathy and Wellham George

Purchase Details

Closed on
Mar 27, 2000
Sold by
Wellham George W
Bought by
Wellham Stearns Kathy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Robertson Paul Lindsey $265,000 Maryland Title Service
Wellham Stearns Kathy -- --
Wellham Stearns Kathy -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2019 11/25/19 Sold $265,000 -15.9% --
10/02/2019 10/02/19 Pending -- -- --
09/29/2019 09/29/19 For Sale $315,000 +18.9% --
09/27/2019 09/27/19 Off Market $265,000 -- --
05/06/2019 05/06/19 For Sale $315,000 -- --
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 $12,787 $936,400 $0 $0
2024 $11,692 $837,900 $0 $0
2023 $10,391 $739,400 $285,600 $453,800
2022 $10,263 $730,300 $0 $0
2021 $10,191 $721,200 $0 $0
2020 $3,856 $274,500 $271,600 $2,900
2019 $3,856 $271,833 $0 $0
2018 $3,791 $269,167 $0 $0
2017 $3,784 $266,500 $0 $0
2016 -- $266,500 $0 $0
2015 $3,500 $266,500 $0 $0
2014 $3,500 $266,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO106028

Bright MLS

APN: 10-184991