Seller's Agent in 2019
DAVE LEIDERMAN
Keller Williams Realty
(443) 235-3828
35 in this area
70 Total Sales
8801 Mediterranean Dr Ocean City, MD 21842
Estimated Value: $670,680 - $863,000
4
Beds
3
Baths
1,680
Sq Ft
$434/Sq Ft
Est. Value
Highlights
- Coastal Architecture
- Bonus Room
- No HOA
- Ocean City Elementary School Rated A
- Furnished
- Living Room
About This Home
As of March 2019WOW! 4 bedroom, 3 bath house with bonus room/5th bedroom in Little Salisbury, one of Ocean City's most popular neighborhoods! Only 4 short blocks to the beach, this 1700 sq ft home was remodeled to include an outside shower, new bathrooms, dormers, Rinnai tankless hot water heater, dual zone heating and air, front porch and more! Property is turn key and waiting for its new owner!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,554
Year Built
- Built in 1982
Lot Details
- 4,800 Sq Ft Lot
- East Facing Home
- Property is in very good condition
Home Design
- Coastal Architecture
- Contemporary Architecture
- Block Foundation
- Aluminum Siding
Interior Spaces
- 1,680 Sq Ft Home
- Property has 2 Levels
- Central Vacuum
- Furnished
- Ceiling Fan
- Living Room
- Bonus Room
- Gas Oven or Range
Bedrooms and Bathrooms
Laundry
- Electric Dryer
- Front Loading Washer
Parking
- Driveway
- On-Street Parking
Accessible Home Design
- Doors with lever handles
Outdoor Features
- Outdoor Shower
- Exterior Lighting
- Shed
- Outbuilding
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- 90% Forced Air Zoned Heating and Cooling System
- Cooling System Utilizes Bottled Gas
- Heat Pump System
- 200+ Amp Service
- Tankless Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- Oceanbay City Subdivision
Listing and Financial Details
- Tax Lot 28A
- Assessor Parcel Number 10-103746
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2018
Closed on
Mar 8, 2019
Sold by
Bobitz Ward and Shanahan Kelley
Bought by
Reeves Michael W and Reeves Patricia A
Seller's Agent
DAVE LEIDERMAN
Keller Williams Realty
Buyer's Agent
Chris Jett
RE/MAX Advantage Realty
List Price
$429,000
Sold Price
$395,000
Premium/Discount to List
-$34,000
-7.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,381
Avg. Annual Appreciation
9.99%
Original Mortgage
$335,700
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 23, 2010
Sold by
Fountain Wayne A
Bought by
Bobitz Ward E and Shanahan Kelley E
Purchase Details
Closed on
Sep 12, 2008
Sold by
Fountain Wayne A. Sr.
Bought by
Fountain Wayne A and Fountain Reid A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 24, 2008
Sold by
Fountain Wayne A. Sr.
Bought by
Fountain Wayne A and Fountain Reid A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 5, 2001
Sold by
Toporcer Mardee A
Bought by
Fountain Wayne A Sr
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reeves Michael W | $395,000 | Real Estate Title & Escrow | |
| Bobitz Ward E | $250,000 | -- | |
| Fountain Wayne A | $250,000 | -- | |
| Fountain Wayne A | $250,000 | -- | |
| Fountain Wayne A Sr | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reeves Michael | $312,000 | |
| Closed | Reeves Michael W | $335,700 | |
| Previous Owner | Fountain Wayne A | $170,000 | |
| Previous Owner | Fountain Wayne A | $170,000 | |
| Previous Owner | Fountain Wayne A | $155,000 | |
| Closed | Fountain Wayne A Sr | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2019 03/08/19 | Sold | $395,000 | -3.7% | $235 / Sq Ft |
| 01/07/2019 01/07/19 | Pending | -- | -- | -- |
| 12/20/2018 12/20/18 | Price Changed | $410,000 | -2.1% | $244 / Sq Ft |
| 10/14/2018 10/14/18 | Price Changed | $419,000 | -2.3% | $249 / Sq Ft |
| 08/01/2018 08/01/18 | For Sale | $429,000 | -- | $255 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,699 | $484,667 | $0 | $0 |
| 2024 | $5,699 | $408,433 | $0 | $0 |
| 2023 | $4,669 | $332,200 | $173,000 | $159,200 |
| 2022 | $4,283 | $304,733 | $0 | $0 |
| 2021 | $3,918 | $277,267 | $0 | $0 |
| 2020 | $3,529 | $249,800 | $173,000 | $76,800 |
| 2019 | $3,538 | $248,733 | $0 | $0 |
| 2018 | $3,488 | $247,667 | $0 | $0 |
| 2017 | $3,471 | $246,600 | $0 | $0 |
| 2016 | -- | $244,467 | $0 | $0 |
| 2015 | $3,853 | $242,333 | $0 | $0 |
| 2014 | $3,853 | $240,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Chris Jett
RE/MAX
(443) 523-2360
175 in this area
223 Total Sales
Map
Source: Bright MLS
MLS Number: 1002133112
APN: 10-103746
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