NOT LISTED FOR SALE

9003 Chesapeake Dr Ocean City, MD 21842

Estimated Value: $963,000 - $1,166,000

6 Beds
3 Baths
2,500 Sq Ft
$412/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $995,000 $398 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,989/month

1 Day on Market

Highlights

  • 60 Feet of Waterfront
  • Access to Tidal Water
  • Bay View
  • Ocean City Elementary School Rated A
  • Fishing Allowed
  • 4-minute walk to Little Salisbury Park

About This Home

As of April 2024

Under Contract - Open House cancelled. Walk to the beach, then hop in the bay - the best of both worlds! Your own private canal-front oasis in Ocean City, fully furnished and completely renovated over the last year from top to bottom, inside & out, with no detail spared. This corner lot coastal dream home provides up to six bedrooms and three full baths, with tons of flexible space. The main level provides an open floor plan with plenty of room for everyone and so much natural light - a gourmet kitchen with large center island and ample seating, pendant lighting, quartz counters, tile backsplash, stainless appliances, separate wine fridge, and a large pantry. The kitchen seamlessly blends with the family room, which offers an electric fireplace with accent tile, a reclaimed wood mantel, built-ins, open shelving with uplighting, and custom wood paneling. Enjoy a second sitting area adjacent to the kitchen, as well as a dining area with a table large enough for eight or more. Step out of the sliding glass door to the brand new stone patio where you can barbecue and enjoy summer evenings, then hop in your kayak, paddle board, or into your personal watercraft and zip right out into the bay. Back inside, the main level of the home provides a convenient laundry room with brand new Samsung washer & dryer, three bedrooms- all with large closets, and a full bath with dual sinks. On both levels of the home, you will find low maintenance Coretec luxury vinyl plank flooring, recessed lighting, new light fixtures, custom tile, accent moldings, and fresh, neutral paint. At the top of the stairs on the upper level, you will find a second family room, which can also be used as an oversized bedroom, a home gym, game room, playroom, or anything else that fits your lifestyle. Upstairs you will also find a home office which could be utilized as a bedroom as well. You'll also find a full bath with dual sinks and an extra deep linen closet. Down the hall, revel in the owner's suite with a sitting area, a large walk-in closet, sliding glass doors to a Juliet balcony, two additional closets for storage, and a stunning spa bath with soaking tub, separate shower, accent wall tile and a barn door. Yet another bonus space on the upper level is a large, converted attic, providing even more space for extra storage or even a fun play area. Rest assured knowing that nearly every single aspect of this home has been replaced in the last year: windows, doors, a fully encapsulated crawl space with dehumidifier and sump pump, new zoned HVAC, new hot water heater, plumbing, electric panel, appliances, new railings, new stonework, new side stone patio, new decking, roof (2022) & gutters, professional landscaping, an EV charger, and brand new furniture & furnishings. This home has never been a rental, but would make an exceptional and lucrative investment property- just check out Airbnb for comparable rentals! No HOA. Walk just around the corner to Liquid Assets, Bull on the Beach, or Candy Kitchen. The best of OCMD! Don't miss this one.

Last Agent to Sell the Property

Stacy Ward

Monument Sotheby's International Realty License #663624 Listed on: 03/14/2024

Monument Sotheby's International Realty

Last Buyer's Agent

Jessica Gresczyk

Berkshire Hathaway HomeServices PenFed Realty - OP License #676812

Berkshire Hathaway HomeServices PenFed Realty - OP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945 | Remodeled in 2024

Lot Details

  • 8,240 Sq Ft Lot
  • 60 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Landscaped
  • Extensive Hardscape
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Front and Side Yard
  • Property is in excellent condition

Property Views

  • Bay
  • Canal
  • Garden

Home Design

  • Cape Cod Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Replacement Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Sitting Room
  • Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Stove
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Electric Vehicle Home Charger
  • Unpaved Parking
  • On-Street Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows with Low Emissivity

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • Personal Watercraft
  • Bulkhead
  • Powered Boats Permitted
  • Balcony
  • Deck
  • Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 2410107067

Community Details

Overview

  • No Home Owners Association
  • Little Salisbury Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Year Built

Built in 1945 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: A few small staging accessories
  • Inclusions: Fully furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-03-14
  • Federal Flood Zone: Yes
  • Year Built: 1945
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: Under Contract - Open House cancelled. Walk to the beach, then hop in the bay - the best of both worlds! Your own private canal-front oasis in Ocean City, fully furnished and completely renovated over the last year from top to bottom, inside & out, with no detail spared. This corner lot coastal dream home provides up to six bedrooms and three full baths, with tons of flexible space. The main level provides an open floor plan with plenty of room for everyone and so much natural light - a gourmet kitchen with large center island and ample seating, pendant lighting, quartz counters, tile backsplash, stainless appliances, separate wine fridge, and a large pantry. The kitchen seamlessly blends with the family room, which offers an electric fireplace with accent tile, a reclaimed wood mantel, built-ins, open shelving with uplighting, and custom wood paneling. Enjoy a second sitting area adjacent to the kitchen, as well as a dining area with a table large enough for eight or more. Step out of the sliding glass door to the brand new stone patio where you can barbecue and enjoy summer evenings, then hop in your kayak, paddle board, or into your personal watercraft and zip right out into the bay. Back inside, the main level of the home provides a convenient laundry room with brand new Samsung washer & dryer, three bedrooms- all with large closets, and a full bath with dual sinks. On both levels of the home, you will find low maintenance Coretec luxury vinyl plank flooring, recessed lighting, new light fixtures, custom tile, accent moldings, and fresh, neutral paint. At the top of the stairs on the upper level, you will find a second family room, which can also be used as an oversized bedroom, a home gym, game room, playroom, or anything else that fits your lifestyle. Upstairs you will also find a home office which could be utilized as a bedroom as well. You'll also find a full bath with dual sinks and an extra deep linen closet. Down the hall, revel in the owner's suite with a sitting area, a large walk-in closet, sliding glass doors to a Juliet balcony, two additional closets for storage, and a stunning spa bath with soaking tub, separate shower, accent wall tile and a barn door. Yet another bonus space on the upper level is a large, converted attic, providing even more space for extra storage or even a fun play area. Rest assured knowing that nearly every single aspect of this home has been replaced in the last year: windows, doors, a fully encapsulated crawl space with dehumidifier and sump pump, new zoned HVAC, new hot water heater, plumbing, electric panel, appliances, new railings, new stonework, new side stone patio, new decking, roof (2022) & gutters, professional landscaping, an EV charger, and brand new furniture & furnishings. This home has never been a rental, but would make an exceptional and lucrative investment property- just check out Airbnb for comparable rentals! No HOA. Walk just around the corner to Liquid Assets, Bull on the Beach, or Candy Kitchen. The best of OCMD! Don't miss this one.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Stove, Washer, Dryer, Disposal, Energy Efficient Appliances, Exhaust Fan, Extra Refrigerator/Freezer, Water Heater, Stainless Steel Appliances, Range Hood
  • Flooring Type: Luxury Vinyl Plank, Ceramic Tile
  • Interior Amenities: Entry Level Bedroom, Built-Ins, Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Bathroom - Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Energy Efficient, Low-E, Replacement, Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Bedroom 1, Laundry, Office, Storage Room, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom
  • Basement: No
  • Laundry Type: Washer In Unit, Main Floor, Dryer In Unit
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 398.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9003

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights, Extensive Hardscape
  • Roof: Architectural Shingle
  • View: Canal, Bay, Garden/Lawn, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 60

Garage/Parking

  • Garage: No
  • Parking Features: Unpaved, Electric Vehicle Charging Station(s)
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Features: Bulkheaded, Cleared, Corner, Fishing Available, Front Yard, Landscaping, Level, Sideyard(s)
  • Lot Size Acres: 0.19
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8240.00
  • Outdoor Living Structures: Balcony, Porch(es), Patio(s), Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 376500.00
  • Assessor Parcel Number: 2410107067
  • Tax Lot: 52
  • Tax Total Finished Sq Ft: 2175
  • Tax Year: 2023
  • Close Date: 04/12/2024

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 5, 2024
Sold by
Rental 888 Homes Llc
Bought by
Holland Paul and Holland Gretchen
Seller's Agent
Stacy Ward
Monument Sotheby's International Realty
Buyer's Agent
Jessica Gresczyk
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$995,000
Sold Price
$995,000
Views
58
Current Estimated Value
$1,030,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,369
Avg. Annual Appreciation
2.49%
Original Mortgage
$796,000
Outstanding Balance
$783,531
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$246,838

Purchase Details

Listed on
Apr 30, 2023
Closed on
Jun 15, 2023
Sold by
Kaouris Christine P
Bought by
Rental 888 Homes Llc
Seller's Agent
Jennifer Hughes
Keller Williams Realty
Buyer's Agent
Jennifer Hughes
Keller Williams Realty
List Price
$680,000
Sold Price
$585,000
Premium/Discount to List
-$95,000
-13.97%
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.65%
Original Mortgage
$409,500
Interest Rate
6.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Holland Paul $995,000 Bright Title And Settlement
Holland Paul $995,000 Bright Title And Settlement
Rental 888 Homes Llc $585,000 Realty Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holland Paul $796,000
Closed Holland Paul $796,000
Previous Owner Rental 888 Homes Llc $409,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $995,000 0.0% $398 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $995,000 +70.1% $398 / Sq Ft
06/20/2023 06/20/23 Sold $585,000 -10.0% $269 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/19/2023 05/19/23 Price Changed $650,000 -4.4% $299 / Sq Ft
04/30/2023 04/30/23 For Sale $680,000 -- $313 / 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 $5,982 $480,967 $0 $0
2024 $5,982 $428,733 $0 $0
2023 $4,694 $376,500 $305,400 $71,100
2022 $4,604 $375,467 $0 $0
2021 $4,542 $374,433 $0 $0
2020 $4,457 $373,400 $305,400 $68,000
2019 $4,395 $366,933 $0 $0
2018 $4,998 $360,467 $0 $0
2017 $4,196 $354,000 $0 $0
2016 -- $354,000 $0 $0
2015 -- $354,000 $0 $0
2014 $3,189 $356,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2019128

Bright MLS

APN: 10-107067