NOT LISTED FOR SALE

935 Oyster Cove Dr Unit 3-E Grasonville, MD 21638

Kent Narrows Neighborhood

Estimated Value: $654,000 - $749,000

3 Beds
3 Baths
1,700 Sq Ft
$510/mo HOA Fee

Last Sold March 31, 2016

Last sale price $570,000 $335 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,710/month

Highlights

  • Marina
  • Private Beach
  • Fishing Allowed
  • Grasonville Elementary School Rated A-
  • Physical Dock Slip Conveys
  • Water Oriented

About This Home

As of March 2016

LONG AWAITED 3 Bedrm 3 Bath TOP FLOOR (elevator bldg.) VILLA FACING THE OPEN EASTERN BAY! So rare for 1 of these to come up for sale & this one is in the PRIME LOCATION! You get sunrises & sunsets! PANORAMIC WATER VIEWS from floor to ceiling wrap around (new) windows! Priv balcony off family rm & separate 1 off bdrm. Open interior w/kitchen & bath rehabbed. Assesmnt pd by seller. .Slip avail

Last Agent to Sell the Property

Lori Woods-Fortney

Berkshire Hathaway HomeServices Homesale Realty License #320689 Listed on: 01/22/2016

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Bill Franklin

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,357

Year Built

  • Built in 1987

Lot Details

  • Waterfront
  • Private Beach
  • South Facing Home
  • Sprinkler System
  • Property is in very good condition

HOA Fees

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Vinyl Clad Windows
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Room
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Home Security

Parking

  • Handicap Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Personal Watercraft
  • Canoe or Kayak Water Access
  • Rip-Rap
  • Floating Dock
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Balcony

Schools

  • Grasonville Elementary School
  • Stevensville Middle School
  • Kent Island High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • 60 Gallon+ Electric Water Heater
  • High Speed Internet
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3E
  • Assessor Parcel Number 1805038030

Community Details

Overview

  • Association fees include lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, pool(s), reserve funds, road maintenance, snow removal, trash, security gate, exterior building maintenance
  • Low-Rise Condominium
  • Oyster Cove Subdivision, Largest Villa Floorplan
  • Oyster Cove Community
  • The community has rules related to building or community restrictions, commercial vehicles not allowed, covenants

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Party Room

Recreation

  • Marina
  • Tennis Courts
  • Community Pool
  • Fishing Allowed
  • Jogging Path

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Gated Community
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,357

Year Built

Built in 1987

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2016-01-22
  • Year Built: 1987
  • Remarks Public: LONG AWAITED 3 Bedrm 3 Bath TOP FLOOR (elevator bldg.) VILLA FACING THE OPEN EASTERN BAY! So rare for 1 of these to come up for sale & this one is in the PRIME LOCATION! You get sunrises & sunsets! PANORAMIC WATER VIEWS from floor to ceiling wrap around (new) windows! Priv balcony off family rm & separate 1 off bdrm. Open interior w/kitchen & bath rehabbed. Assesmnt pd by seller. .Slip avail
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer - Front Loading, Icemaker, Oven/Range - Electric, Refrigerator, Washer - Front Loading
  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Kitchen - Island, Recessed Lighting, Floor Plan - Open
  • Window Features: Casement, Screens, Storm, Vinyl Clad
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Entry Location: Penthouse
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 3, Kitchen, Family Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1700
  • Price Per Sq Ft: 332.35
  • Above Grade Finished Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 935

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Hardiplank Type
  • Exterior Features: Sidewalks, Underground Lawn Sprinkler, Private Beach
  • Pool Private: No
  • Roof: Asphalt
  • View: Water, Bay
  • View: Yes
  • Water Access Features: Fishing Allowed, Canoe/Kayak, Personal Watercraft (PWC), Boat - Powered
  • Water Access: No
  • Water Body Name: EASTERN BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Handicap Parking
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric, 60+ Gallon Tank
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground, Cable Tv Available, Dsl Available, Multiple Phone Lines
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 180.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 329.94
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Club House, Gated Community, Jog/Walk Path, Marina/Marina Club, Party Room, Pool - Outdoor, Tennis Courts, Picnic Area
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash, Security Gate, Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Building Restrictions, Commercial Vehicles Prohibited, Covenants, Pets - Allowed, Pets - Size Restrict
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • Elementary School: GRASONVILLE
  • Middle School: STEVENSVILLE
  • High School: KENT ISLAND
  • School District Key: 121137777627
  • Elementary School: GRASONVILLE
  • High School: KENT ISLAND
  • Middle Or Junior School: STEVENSVILLE

Lot Info

  • Improvement Assessed Value: 225000.00
  • Land Assessed Value: 125000.00
  • Lot Features: Rip-Rapped
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Soil Types: Sandy
  • Year Assessed: 2015
  • Zoning: WVC

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3356.85
  • Assessor Parcel Number: 1805038030
  • Tax Lot: 3E
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 03/31/2016

Multi Family

  • Dock Slip Conveyance: Deeded
  • Mean Low Water Feet: 6
  • Waterfront Features: Rip-Rap

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2016
Closed on
Mar 31, 2016
Sold by
Wadsley Richard and Wadsley Donna
Bought by
Mello Bruce
Seller's Agent
Lori Woods-Fortney
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Bill Franklin
Long & Foster Real Estate, Inc.
List Price
$565,000
Sold Price
$570,000
Premium/Discount to List
$5,000
0.88%
Current Estimated Value
$701,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,323
Avg. Annual Appreciation
2.48%
Original Mortgage
$242,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2006
Sold by
Fitzgerald David H
Bought by
Wadsley Richard and Wadsley Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 6, 2006
Sold by
Fitzgerald David H
Bought by
Wadsley Richard and Wadsley Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 16, 2005
Sold by
K 2 D 2 Inc
Bought by
Fitzgerald David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
5.75%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 15, 1995
Sold by
Muldowney Paul D and Muldowney Harriett
Bought by
K 2 D 2 Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Mello Bruce $570,000 Attorney
Wadsley Richard $600,000 --
Wadsley Richard $600,000 --
Fitzgerald David H $525,000 --
K 2 D 2 Inc $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melio Bruce A $240,000
Closed Mello Bruce $242,000
Previous Owner Wadsley Richard $382,000
Previous Owner Wadsley Richard $113,000
Previous Owner Wadsley Richard $417,000
Previous Owner Wadsley Richard $417,000
Previous Owner Fitzgerald David H $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $570,000 +0.9% $335 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $565,000 -- $332 / 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 $4,912 $550,000 $0 $0
2024 $4,912 $525,000 $250,000 $275,000
2023 $4,678 $500,000 $0 $0
2022 $4,454 $475,000 $0 $0
2021 $4,188 $450,000 $225,000 $225,000
2020 $4,188 $436,667 $0 $0
2019 $4,060 $423,333 $0 $0
2018 $3,932 $410,000 $200,000 $210,000
2017 $3,740 $390,000 $0 $0
2016 -- $370,000 $0 $0
2015 $4,028 $350,000 $0 $0
2014 $4,028 $350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003674333

Bright MLS

APN: 05-038030