NOT LISTED FOR SALE

8901 Rusty Anchor Rd Unit 1 Ocean City, MD 21842

Ocean City Area

Estimated Value: $571,000 - $688,000

3 Beds
3.5 Baths
1,890 Sq Ft
2004 Built

Sale Details

Date Sold: November 19, 2018

Last sale price $345,000 $183 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,018 / mo

108 Days on Market

Highlights

  • Pier or Dock
  • Home fronts navigable water
  • Canal View
  • Ocean City Elementary School Rated A
  • Water Access
  • Deck

About This Home

As of November 2018

Unit overlooks canal with bay view. Imagine watching amazing sunsets from your very own 3BR/3.5BA furnished condo with 2 Jet Ski Lifts. This is a premier corner end unit with unbelievable water views. The living area and kitchen overlook the water and lead into an inviting dining area for family entertaining. There is also a spacious great room on the same floor. The beautiful kitchen will be sure to delight any cook. It has plenty of counter and storage space, granite counter tops, and an eat in bar off the kitchen. The large master bedroom has a private deck and there are two additional bedrooms each with water views and their own bath. Conveniently located off 94th St.Come take a look for yourself. The condo association has a storage area for bikes and beach chairs. The condo has two. Supplement for: 8901 Rusty Anchor Rd 1, Ocean City, MD 21842additional bedrooms each with water views and their own bath. Conveniently located off 94th St. Come take a look for yourself. The condo association has a storage area for bikes and beach chairs. The condo has two assigned spaces, and additional parking.

Last Agent to Sell the Property

Nancy Reither

(443) 856-2211 nreither@cbmove.com Coldwell Banker Realty Listed on: 06/01/2018

Coldwell Banker Realty

Last Buyer's Agent

Nancy Reither

(443) 856-2211 nreither@cbmove.com Coldwell Banker Realty Listed on: 06/01/2018

Coldwell Banker Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,270

Year Built

  • Built in 2004

Lot Details

  • Home fronts navigable water
  • Sprinkler System
  • Cleared Lot

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,890 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Canal Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Home Security

Parking

  • Tuck Under Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Property is near a canal
  • Bulkhead
  • Balcony
  • Deck

Location

  • Flood Risk

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 120/240V
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 439329

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance
  • Low-Rise Community
  • Nowalk To The Canal Community

Recreation

  • Pier or Dock

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,270

Year Built

Built in 2004

Lot Details

0 Sq Ft Lot

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: Personal items
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Ceiling Fan(s), Upgraded Countertops, Sprinkler System, Walk-In Closet(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Wood, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1890
  • Living Area Sq Ft: 1890
  • Price Per Sq Ft: 195.24
  • Above Grade Finished Sq Ft: 1890
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Roof: Architectural Shingle
  • View: Canal, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking, Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2700.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pier/Dock
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Bulkheaded, Cleared
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4270.00
  • Assessor Parcel Number: 439329
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Nov 30, 2018
Sold by
Hamel Arthur L
Bought by
Seller's Agent
Nancy Reither
Coldwell Banker Realty
Buyer's Agent
Nancy Reither
Coldwell Banker Realty
List Price
$399,900
Sold Price
$345,000
Premium/Discount to List
-$54,900
-13.73%
Current Estimated Value
$612,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,865
Avg. Annual Appreciation
7.68%
Original Mortgage
$310,500
Outstanding Balance
$268,111
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$344,754

Purchase Details

Closed on
Oct 2, 2006
Sold by
Gregory Siciliano
Bought by
Hamel Arthur L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2005
Sold by
Nowalk Properties Llc
Bought by
Gregory Siciliano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ocean City, MD

  • Margaret Steen Real Estate Agent - Steen Properties

    Margaret Steen

    Responds Quickly

    Steen Properties

    (443) 265-2532

    72 Total Sales

    1 in Ocean City

    $270,000 Price

    Margaret Steen
     Section Image
  • Ginnie Kite Real Estate Agent - LPT Realty, LLC

    Ginnie Kite

    LPT Realty, LLC

    (717) 931-6204

    187 Total Sales

    1 in Ocean City

    $310,500 Price

    Ginnie Kite
     Section Image
  • Gail Rohleder Real Estate Agent - Garceau Realty

    Gail Rohleder

    Garceau Realty

    (202) 932-0601

    37 Total Sales

    2 in Ocean City

    $570K - $805K Price Range

    Gail Rohleder
     Section Image
  • Rebecca Turner Real Estate Agent - Northrop Realty

    Rebecca Turner

    Northrop Realty

    (302) 253-7550

    73 Total Sales

    1 in Ocean City

    $275,000 Price

    Rebecca Turner
     Section Image
  • Barak Sky Real Estate Agent - Serhant

    Barak Sky

    Serhant

    (240) 363-9670

    825 Total Sales

    1 in Ocean City

    $376,000 Price

    Barak Sky
     Section Image
  • Janelle Brubach Real Estate Agent - Realty Plus Associates

    Janelle Brubach

    Realty Plus Associates

    (410) 339-8341

    92 Total Sales

    3 in Ocean City

    $197K - $400K Price Range

    Janelle Brubach
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$345,000 Title Resources Guaranty Co
Hamel Arthur L $500,000 --
Gregory Siciliano $460,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $310,500
Previous Owner Hamel Arthur L $400,000
Previous Owner Gregory Siciliano $322,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/19/2018 11/19/18 Sold $345,000 -6.5% $183 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
08/31/2018 08/31/18 Price Changed $369,000 -4.2% $195 / Sq Ft
08/03/2018 08/03/18 Price Changed $385,000 -3.7% $204 / Sq Ft
07/22/2018 07/22/18 For Sale $399,900 0.0% $212 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $399,900 -- $212 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,118 $406,300 $203,100 $203,200
2025 $5,118 $374,800 $0 $0
2024 $4,790 $343,300 $0 $0
2023 $4,382 $311,800 $155,900 $155,900
2022 $4,338 $308,667 $0 $0
2021 $4,317 $305,533 $0 $0
2020 $4,273 $302,400 $151,200 $151,200
2019 $4,289 $302,400 $151,200 $151,200
2018 $4,259 $302,400 $151,200 $151,200
2017 $4,248 $302,400 $0 $0
2016 -- $299,233 $0 $0
2015 $4,355 $296,067 $0 $0
2014 $4,355 $292,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Reither Real Estate Agent - Coldwell Banker Realty

    Seller's Agent in 2018

    Nancy Reither

    Coldwell Banker Realty

    (410) 603-5050

    255 Total Sales

    Nancy Reither
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Map

Source: Bright MLS

MLS Number: 1001756732

Bright MLS

APN: 10-439329

Maryland Worcester County Ocean City 21842

8901 Rusty Anchor Rd Unit 1, Ocean City, MD

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