NOT LISTED FOR SALE

8600 Seabay Dr Ocean City, MD 21842

-- Bed
4 Baths
2,400 Sq Ft
6,000 Sq Ft Lot

Last Sold April 19, 2021

Last sale price $499,000 $208 Per Sq Ft

8 Days on Market

Highlights

  • Property fronts the bay but unit may not have water views
  • No HOA
  • Electric Baseboard Heater
  • Ocean City Elementary School Rated A

About This Home

As of April 2021

4 unit apartment building. 2 units upstairs, 2 units downstairs, (3) 2 Bedroom, 1 bath units. (1) efficiency unit. All are rented year round. GRI $44,400 per year. Some units have glimpse of bay views.

Last Agent to Sell the Property

Monica McNamara

Coldwell Banker Realty Listed on: 02/25/2021

Coldwell Banker Realty

Last Buyer's Agent

Lucas Milburn

Long & Foster Real Estate, Inc. License #5002276

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,812

Year Built

  • Built in 1966

Lot Details

  • 6,000 Sq Ft Lot
  • Property fronts the bay but unit may not have water views

Home Design

  • 2,400 Sq Ft Home
  • Quadruplex

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 10-100593

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,812

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Ownership: Fee Simple
  • Exclusions: All furnishings belong to tenants.
  • New Construction: No
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: 4 unit apartment building. 2 units upstairs, 2 units downstairs, (3) 2 Bedroom, 1 bath units. (1) efficiency unit. All are rented year round. GRI $44,400 per year. Some units have glimpse of bay views.
  • Special Features: None

Interior Features

  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 208.29
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8600

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 003
  • Lot Size Acres: 0.14
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Year Assessed: 2020
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 44400.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5405341
  • Tax Annual Amount: 4812.00
  • Assessor Parcel Number: 10-100593
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 2400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/19/2021

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $499,000 -0.2% $208 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $499,900 -- $208 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2000042

Bright MLS