NOT LISTED FOR SALE

811 Gulf Stream Dr Ocean City, MD 21842

Estimated Value: $567,000 - $675,000

3 Beds
3 Baths
1,440 Sq Ft
$426/Sq Ft Est. Value

Last Sold January 28, 2019

Last sale price $320,000 $222 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,589/month

Highlights

  • Pond View
  • Open Floorplan
  • Pond
  • Ocean City Elementary School Rated A
  • Deck
  • Furnished

About This Home

As of January 2019

Stunning location for this 3 bedroom, 3 bath beach home in Montego Bay. This home backs to a 5 acre park area which is adjacent to an additional 8 acre wildlife sanctuary area and pond. Enjoy your days on the rear deck & screened in porch taking in the vistas. Updates and improvements throughout, new roof ('18) new decking ('18), new flooring (18'), HVAC system ('15). Conveniently location always for easy access to both Ocean City & Fenwick Island area with plenty of surrounding activities for the whole family! Community amenities include 3 pools, including a wadding pool, 2 tennis courts., 2 shuffleboard courts, a 9-hole min. golf course, a bayfront boardwalk with 3 fishing piers, an 8-acre wildlife sanctuary and a 5-acre open park. This property would make a great vacation home or investment property! Location can't be beat!

Last Agent to Sell the Property

Chris Jett

(443) 523-2360 chris@shore4u.com RE/MAX Advantage Realty License #RS-0019287 Listed on: 12/20/2018

RE/MAX Advantage Realty

Last Buyer's Agent

Kathryn Beck

kathryn.beck@longandfoster.com Long & Foster Real Estate, Inc. License #MRIS:3237000

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,660

Year Built

  • Built in 1994

Lot Details

  • 3,600 Sq Ft Lot
  • East Facing Home
  • Property is in good condition

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Single Family Detached Home
  • Modular Prefabricated Home
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Pond Views
  • Crawl Space

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • On-Street Parking

Outdoor Features

  • Outdoor Shower
  • Pond
  • Deck
  • Screened Patio

Location

  • Flood Risk

Schools

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

Utilities

  • Central Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 8020A
  • Assessor Parcel Number 10-318548

Community Details

Overview

  • Montego Bay Civic Center HOA, Phone Number (410) 250-3080
  • Montego Bay Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,660

Year Built

Built in 1994

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Modular/Pre-Fabricated
  • Ownership: Fee Simple
  • Exclusions: All personal items
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1994
  • Remarks Public: Stunning location for this 3 bedroom, 3 bath beach home in Montego Bay. This home backs to a 5 acre park area which is adjacent to an additional 8 acre wildlife sanctuary area and pond. Enjoy your days on the rear deck & screened in porch taking in the vistas. Updates and improvements throughout, new roof ('18) new decking ('18), new flooring (18'), HVAC system ('15). Conveniently location always for easy access to both Ocean City & Fenwick Island area with plenty of surrounding activities for the whole family! Community amenities include 3 pools, including a wadding pool, 2 tennis courts., 2 shuffleboard courts, a 9-hole min. golf course, a bayfront boardwalk with 3 fishing piers, an 8-acre wildlife sanctuary and a 5-acre open park. This property would make a great vacation home or investment property! Location can't be beat!
  • Special Features: VirtualTour
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Kitchen - Country, Floor Plan - Open, Window Treatments
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 228.47
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 811

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: Vinyl Siding
  • Exterior Features: Outside Shower
  • Roof: Asphalt
  • View: Pond, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Central
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 248.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: MONTEGO BAY CIVIC CENTER
  • HOA Phone: 410-250-3080
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • 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 Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3600.00
  • Outdoor Living Structures: Patio(s), Deck(s), Screened
  • Property Condition: Good
  • Year Assessed: 2017
  • Zoning: TR
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5424221
  • Tax Annual Amount: 3660.00
  • Assessor Parcel Number: 10-318548
  • Tax Lot: 8020A
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 01/28/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2018
Closed on
Jan 28, 2019
Sold by
Reese Paul R and Reese Jennifer M
Bought by
Corun William M and Corun Karen M
Seller's Agent
Chris Jett
RE/MAX Advantage Realty
Buyer's Agent
Kathryn Beck
Long & Foster Real Estate, Inc.
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%
Current Estimated Value
$613,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,618
Avg. Annual Appreciation
10.13%
Original Mortgage
$230,000
Outstanding Balance
$202,619
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$410,999

Purchase Details

Closed on
May 16, 2012
Sold by
Hopkins Leslie C and Hopkins Felicia L
Bought by
Reese Paul R and Reese Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Mechelke Rudolf F and Mechelke Virginia G
Bought by
Hopkins Leslie C and Hopkins Felicia L

Purchase Details

Closed on
Nov 1, 1994
Sold by
Stephen Dressman and Stephen Josephine V
Bought by
Mechelke Rudolf F and Mechelke Virginia G
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
Corun William M $320,000 Sage Title Group Llc
Reese Paul R $290,000 Maryland Title Service
Hopkins Leslie C $257,500 --
Mechelke Rudolf F $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corun William M $230,000
Previous Owner Reese Paul R $232,000
Closed Hopkins Leslie C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Sold $320,000 -2.7% $222 / Sq Ft
12/20/2018 12/20/18 For Sale $329,000 -- $228 / 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 $4,078 $448,833 $0 $0
2024 $4,058 $372,267 $0 $0
2023 $3,979 $295,700 $125,000 $170,700
2022 $3,895 $283,500 $0 $0
2021 $3,834 $271,300 $0 $0
2020 $3,661 $259,100 $125,000 $134,100
2019 $3,686 $259,100 $125,000 $134,100
2018 $3,649 $259,100 $125,000 $134,100
2017 $3,686 $277,600 $0 $0
2016 -- $259,600 $0 $0
2015 $3,340 $241,600 $0 $0
2014 $3,340 $223,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO101832

Bright MLS

APN: 10-318548