$242,500
SOLD AUG 20, 2019

7273 Ocean Gateway Easton, MD 21601

-- Bed
-- Bath
1,944 Sq Ft
0.45 Acres

Recently Sold

$125 Per Sq Ft

10% Below List Price

75 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Stoney Ridge Park
  • 1 Car Attached Garage
  • Dwelling with Rental

About This Home

As of June 2022

INVESTORS LOOK HERE! Live in 1 and rent the other side or rent both sides. This Duplex already has 1 side rented with great renter for many years. Each side containing 2 bedrooms, 1 bath, living room, attached garage, and private screened in patio. Each unit has been updated. Excellent rental history, and upgrades galore. Some recent Upgrades are roof New Septics, New Windows, and much more. Complete list can be provided. Grab this Positive Cash Flow property quickly!!As-Is, but dont let that scare you away!!

Last Agent to Sell the Property

Julia Mattis

Hyatt & Company Real Estate, LLC License #317064 Listed on: 03/22/2019

Co-Listed By

Bryan Miller

Cummings & Co. Realtors License #650899

Last Buyer's Agent

Arthur Crum

Taylor Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,328

Year Built

  • Built in 1963

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are x 179.80

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • 1,944 Sq Ft Home
  • Duplex
  • Dwelling with Rental
  • Blown-In Insulation

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 01-03900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,328

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Dwelling With Rental
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1963
  • Remarks Public: INVESTORS LOOK HERE! Live in 1 and rent the other side or rent both sides. This Duplex already has 1 side rented with great renter for many years. Each side containing 2 bedrooms, 1 bath, living room, attached garage, and private screened in patio. Each unit has been updated. Excellent rental history, and upgrades galore. Some recent Upgrades are roof New Septics, New Windows, and much more. Complete list can be provided. Grab this Positive Cash Flow property quickly!!As-Is, but dont let that scare you away!!
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Total Sq Ft: 1944
  • Living Area Sq Ft: 1944
  • Price Per Sq Ft: 138.84
  • Above Grade Finished Sq Ft: 1944
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7273

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Blown-In Insulation
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: TALBOT COUNTY PUBLIC SCHOOLS
  • School District Key: 121138072466
  • School District Source: 3rd Party

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 117700.00
  • Land Assessed Value: 73900.00
  • Land Use Code: 110
  • Lot Size Acres: 0.45
  • Lot Dimensions: x 179.80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19778.00
  • Year Assessed: 2019
  • Zoning: EASTON
  • In City Limits: No

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5285097
  • Tax Annual Amount: 1328.00
  • Assessor Parcel Number: 01-03900
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1944
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 08/20/2019

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jun 9, 2022
Sold by
Crum Arthur E
Bought by
Seiden Jacob David and Seiden Caroline Honig
Seller's Agent
Phil Gerdes
Real Broker, LLC - Annapolis
Buyer's Agent
Phil Gerdes
Real Broker, LLC - Annapolis
List Price
$369,900
Sold Price
$335,000
Premium/Discount to List
-$34,900
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$251,250
Outstanding Balance
$240,944
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$191,732

Purchase Details

Listed on
Mar 22, 2019
Closed on
Aug 16, 2019
Sold by
Seville Stephen D
Bought by
Crum Arthur E
Seller's Agent
Julia Mattis
Hyatt & Company Real Estate, LLC
Buyer's Agent
Arthur Crum
Taylor Properties
List Price
$269,900
Sold Price
$242,500
Premium/Discount to List
-$27,400
-10.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%
Original Mortgage
$194,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2004
Sold by
Battcock Peter J
Bought by
Seville Stephen D

Purchase Details

Closed on
Jul 22, 2004
Sold by
Battcock Peter J
Bought by
Seville Stephen D

Purchase Details

Closed on
Oct 18, 2002
Sold by
Vanbourdondien Donald and Vanbourdondien Judy L
Bought by
Battcock Peter J and Bakker Rewa E

Purchase Details

Closed on
Nov 22, 1991
Sold by
Wieland William E and Wieland Rebecca D
Bought by
Vanbourdondien Donald and Vanbourdondien Judy L
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 Type Sale Price Title Company
Deed $335,000 Mcintyre J Kevin
Deed $242,500 Liberty T&E Of Md Llc
Deed $208,000 --
Deed $208,000 --
Deed $150,000 --
Deed $112,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,250 New Conventional
Previous Owner $194,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Price Changed $449,999 0.0% $231 / Sq Ft
02/25/2025 02/25/25 Price Changed $449,999 -6.3% $231 / Sq Ft
01/29/2025 01/29/25 Price Changed $479,999 0.0% $247 / Sq Ft
01/29/2025 01/29/25 Price Changed $479,999 -4.0% $247 / Sq Ft
01/01/2025 01/01/25 Price Changed $499,999 0.0% $257 / Sq Ft
01/01/2025 01/01/25 For Sale $499,999 +11.1% $257 / Sq Ft
01/01/2025 01/01/25 For Sale $449,999 +34.3% $231 / Sq Ft
06/10/2022 06/10/22 Sold $335,000 0.0% $172 / Sq Ft
06/10/2022 06/10/22 Sold $335,000 -4.3% $172 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
05/02/2022 05/02/22 Pending -- -- --
04/27/2022 04/27/22 Price Changed $349,900 0.0% $180 / Sq Ft
04/27/2022 04/27/22 Price Changed $349,900 -5.4% $180 / Sq Ft
04/14/2022 04/14/22 For Sale $369,900 0.0% $190 / Sq Ft
03/31/2022 03/31/22 For Sale $369,900 +52.5% $190 / Sq Ft
08/20/2019 08/20/19 Sold $242,500 -10.2% $125 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $269,900 -- $139 / 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
2024 $1,677 $180,600 $59,100 $121,500
2023 $1,591 $180,600 $59,100 $121,500
2022 $1,482 $180,600 $59,100 $121,500
2021 $3,160 $191,600 $73,900 $117,700
2020 $1,442 $184,433 $0 $0
2019 $1,377 $177,267 $0 $0
2018 $1,271 $170,100 $73,900 $96,200
2017 $1,181 $170,100 $0 $0
2016 $1,167 $170,100 $0 $0
2015 $1,184 $172,300 $0 $0
2014 $1,184 $172,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA133036

Bright MLS

APN: 01-039008