NOT LISTED FOR SALE

9201 Rusty Anchor Rd Unit B4 Ocean City, MD 21842

Estimated Value: $380,390 - $433,000

2 Beds
2 Baths
1,008 Sq Ft
$214/mo HOA Fee

Last Sold November 19, 2020

Last sale price $270,000 $268 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,652/month

Highlights

  • Primary bedroom faces the bay
  • Boat Dock
  • Access to Tidal Water
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Penthouse

About This Home

As of November 2020

OUTSTANDING OPPORTUNITY TO PURCHASE A FULLY RENOVATED BAYFRONT CONDO! LOCATED ON A CANAL AND HAS DIRECT BAY VIEWS TO CATCH THE SUNSET! ALL NEW RENOVATIONS INCLUDE KITCHEN WITH WHITE CABINETS, STAINLESS APPLIANCES, LARGE ISLAND/BREAKFAST BAR, GRANITE COUNTERS & TILE BACK SPLASH. MOST OF THE LIVING AREAS HAVE NEW LVT FLOORING. LARGE SLIDING DOORS FROM LIVING ROOM TO REAR BALCONY. FRONT BEDROOM WITH PLENTY OF CLOSET SPACE AND FULLY RENOVATED HALL BATHROOM. MASTER BEDROOM FEATURES WALK-IN CLOSET, DIRECT BAY VIEWS FROM WINDOWS AND FULLY RENOVATED OWNER'S BATH WITH CUSTOM TILE. NEW HVAC IN 2020. FRONT BALCONY HAS STORAGE CLOSET FOR ALL YOUR BEACH ITEMS. SEVERAL BOAT SLIPS AVAILABLE FOR WEEKLY RENTAL THROUGH CONDO ASSOCIATION. WALKING DISTANCE TO ART CENTER AND LITTLE SALISBURY NEIGHBORHOOD PARK ON 94TH STREET WITH TENNIS, BASKETBALL & DOG PARK.

Last Agent to Sell the Property

Jim Stephens

(410) 440-4191 jim@jimstephens.com EXP Realty, LLC License #RS-0093970 Listed on: 08/28/2020

EXP Realty, LLC

Co-Listed By

Jonathan Schneehagen

(443) 857-9733 jonschnea@yahoo.com EXP Realty, LLC License #RS-0036643

Last Buyer's Agent

Nicole Callender

(410) 440-6688 callendercloses@gmail.com Keller Williams Realty Delmarva License #597764

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,420

Year Built

  • Built in 1975

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • No Through Street
  • Property is in excellent condition

HOA Fees

  • $214 Monthly HOA Fees

Property Views

  • Bay
  • Canal

Home Design

  • Penthouse
  • Traditional Architecture
  • Entry on the 2nd floor
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Combination Kitchen and Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Bulkhead
  • Shared Waterfront
  • Waterfront Park
  • Powered Boats Permitted
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot B4
  • Assessor Parcel Number 10-095778

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pier/dock maintenance, reserve funds, road maintenance, snow removal, water
  • Low-Rise Condominium
  • Discovery One Community
  • Bayside Ocean City Subdivision
  • Property Manager

Recreation

  • Boat Dock
  • 4 Community Docks
  • Fishing Allowed

Pet Policy

  • No Pets Allowed

Additional Features

  • Common Area
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,420

Year Built

Built in 1975

Lot Details

0

HOA Fees

$214 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: All appliances.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: OUTSTANDING OPPORTUNITY TO PURCHASE A FULLY RENOVATED BAYFRONT CONDO! LOCATED ON A CANAL AND HAS DIRECT BAY VIEWS TO CATCH THE SUNSET! ALL NEW RENOVATIONS INCLUDE KITCHEN WITH WHITE CABINETS, STAINLESS APPLIANCES, LARGE ISLAND/BREAKFAST BAR, GRANITE COUNTERS & TILE BACK SPLASH. MOST OF THE LIVING AREAS HAVE NEW LVT FLOORING. LARGE SLIDING DOORS FROM LIVING ROOM TO REAR BALCONY. FRONT BEDROOM WITH PLENTY OF CLOSET SPACE AND FULLY RENOVATED HALL BATHROOM. MASTER BEDROOM FEATURES WALK-IN CLOSET, DIRECT BAY VIEWS FROM WINDOWS AND FULLY RENOVATED OWNER'S BATH WITH CUSTOM TILE. NEW HVAC IN 2020. FRONT BALCONY HAS STORAGE CLOSET FOR ALL YOUR BEACH ITEMS. SEVERAL BOAT SLIPS AVAILABLE FOR WEEKLY RENTAL THROUGH CONDO ASSOCIATION. WALKING DISTANCE TO ART CENTER AND LITTLE SALISBURY NEIGHBORHOOD PARK ON 94TH STREET WITH TENNIS, BASKETBALL & DOG PARK.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Washer/Dryer Stacked, Water Heater, Stainless Steel Appliances, Refrigerator, Dishwasher
  • Entry Floor: 2
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Primary Bedroom - Bay Front, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Door Features: Sliding Glass, Storm
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Price Per Sq Ft: 282.64
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9201

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Sidewalks, Secure Storage
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay, Canal
  • Water Access Features: Boat - Powered, Fishing Allowed
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 642.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pier/Dock Maintenance, Reserve Funds, Road Maintenance, Snow Removal, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 012
  • Lot Features: Bulkheaded, No Thru Street
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R-2
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5404937
  • Tax Annual Amount: 2420.00
  • Assessor Parcel Number: 10-095778
  • Tax Lot: B4
  • Tax Total Finished Sq Ft: 1008
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/19/2020

Multi Family

  • Waterfront Features: Shared, Park

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Nov 19, 2020
Sold by
Dilorio Michael Christopher and Dilorio Tamara Nichole
Bought by
Torrens Phillip and Torrens Kimberly
Seller's Agent
Jim Stephens
EXP Realty, LLC
Buyer's Agent
Nicole Callender
Keller Williams Realty Delmarva
List Price
$290,000
Sold Price
$270,000
Premium/Discount to List
-$20,000
-6.9%
Current Estimated Value
$410,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,848
Avg. Annual Appreciation
8.87%
Original Mortgage
$243,000
Outstanding Balance
$216,235
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$194,613

Purchase Details

Listed on
Oct 18, 2018
Closed on
Feb 22, 2019
Sold by
Salviejo Anthony Michael Louis
Bought by
Lamartina Mario Louis and Diiorio Michael Christopher
Seller's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
Buyer's Agent
Carl Goscinski
American Premier Realty, LLC
List Price
$182,900
Sold Price
$173,000
Premium/Discount to List
-$9,900
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.15%
Original Mortgage
$155,700
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2018
Sold by
Salviejo Anthony Michael Louis
Bought by
Salviejo Anthony Michael Louis and Salviejo Anthony Michael Louis

Purchase Details

Closed on
Dec 13, 2002
Sold by
Croyle Nathan J and Croyle Karen M
Bought by
Alessi Christine A

Purchase Details

Closed on
Nov 8, 2000
Sold by
Schiesser Charles F
Bought by
Croyle Nathan J and Croyle Karen M
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
Torrens Phillip $270,000 First American Title Ins Co
Lamartina Mario Louis $173,000 Maryland Title Services
Salviejo Anthony Michael Louis -- Capitol Title Ins Agency Inc
Alessi Christine A $164,900 --
Croyle Nathan J $85,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torrens Phillip $243,000
Previous Owner Lamartina Mario Louis $155,700
Closed Alessi Christine A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2020 11/19/20 Sold $270,000 -5.2% $268 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
09/22/2020 09/22/20 Price Changed $284,900 -1.8% $283 / Sq Ft
09/18/2020 09/18/20 For Sale $290,000 0.0% $288 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $290,000 +67.6% $288 / Sq Ft
02/22/2019 02/22/19 Sold $173,000 -5.4% $172 / Sq Ft View Prior Sale
01/14/2019 01/14/19 Pending -- -- --
12/03/2018 12/03/18 For Sale $182,900 0.0% $181 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
11/08/2018 11/08/18 Price Changed $182,900 -5.2% $181 / Sq Ft
10/24/2018 10/24/18 Price Changed $192,900 +10.3% $191 / Sq Ft
10/18/2018 10/18/18 For Sale $174,900 -- $174 / 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 $3,441 $251,967 $0 $0
2024 $2,953 $211,633 $0 $0
2023 $2,407 $171,300 $85,600 $85,700
2022 $2,407 $171,300 $85,600 $85,700
2021 $2,421 $171,300 $85,600 $85,700
2020 $2,437 $171,300 $85,600 $85,700
2019 $2,437 $171,300 $85,600 $85,700
2018 $2,413 $171,300 $85,600 $85,700
2017 $2,585 $197,500 $0 $0
2016 -- $182,067 $0 $0
2015 $1,911 $166,633 $0 $0
2014 $1,911 $151,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Stephens

    Seller's Agent in 2020

    Jim Stephens

    EXP Realty, LLC

    (410) 440-4191

    28 in this area

    335 Total Sales

    Jim Stephens
    Section Image
  • Jonathan Schneehagen

    Seller Co-Listing Agent in 2020

    Jonathan Schneehagen

    EXP Realty, LLC

    (443) 857-9733

    2 in this area

    33 Total Sales

    Jonathan Schneehagen
    Section Image
  • Nicole Callender

    Buyer's Agent in 2020

    Nicole Callender

    Keller Williams Realty Delmarva

    (410) 440-6688

    40 in this area

    242 Total Sales

    Nicole Callender
    Section Image
  • Ryan Haley

    Seller's Agent in 2019

    Ryan Haley

    Atlantic Shores Sotheby's International Realty

    (443) 880-8078

    210 in this area

    386 Total Sales

    Ryan Haley
    Section Image
  • Carl Goscinski

    Buyer's Agent in 2019

    Carl Goscinski

    American Premier Realty, LLC

    (443) 857-6057

    4 in this area

    8 Total Sales

    Carl Goscinski
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO116390

Bright MLS

APN: 10-095778

Maryland Worcester County Ocean City 21842

9201 Rusty Anchor Rd Unit B4, Ocean City, MD

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