NOT LISTED FOR SALE

Estimated Value: $568,777 - $704,000

3 Beds
1 Bath
2,445 Sq Ft
$254/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $300,000 $123 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,617/month

Highlights

  • 1.14 Acre Lot
  • Craftsman Architecture
  • No HOA
  • Ocean City Elementary School Rated A
  • 1 Fireplace

About This Home

As of November 2019

Large Property in West Ocean City, over 1.1 across with potential for becoming 3 lots. Just around the corner from West Ocean City Harbor, boat ramps, the docks and the atmosphere of the harbor area and restaurants. There is a classic older home, a cottage and a former little place to park your head. All sitting on over 1.14 acres of land at the corner of Old Bridge Road and Savage Road.Homes need a lot of work, however the value is in the land. Public sewer runs down Savage Road and is currently connected to the homes...

Last Agent to Sell the Property

Rusty Molnar

(410) 726-2095 rustymolnar@gmail.com Keller Williams Realty Delmarva Listed on: 05/13/2019

Keller Williams Realty Delmarva

Last Buyer's Agent

Grant Fritschle

(410) 430-5880 grant@markf.com Keller Williams Realty Delmarva License #RA0020779

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,452

Year Built

  • Built in 1922

Lot Details

  • 1.14 Acre Lot
  • Property is zoned R-3

Parking

  • Off-Street Parking

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,445 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Flood Risk
  • Private Water Source

Community Details

  • No Home Owners Association
  • West Ocean City Subdivision

Listing and Financial Details

  • Tax Lot 166
  • Assessor Parcel Number 10-013992

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,452

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1922
  • Remarks Public: Large Property in West Ocean City, over 1.1 across with potential for becoming 3 lots. Just around the corner from West Ocean City Harbor, boat ramps, the docks and the atmosphere of the harbor area and restaurants. There is a classic older home, a cottage and a former little place to park your head. All sitting on over 1.14 acres of land at the corner of Old Bridge Road and Savage Road.Homes need a lot of work, however the value is in the land. Public sewer runs down Savage Road and is currently connected to the homes...
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2445
  • Living Area Sq Ft: 2445
  • Price Per Sq Ft: 132.92
  • Above Grade Finished Sq Ft: 2445
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9805

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Private/Community Water
  • Municipal Trash: No

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

  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Size Acres: 1.14
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 49658.00
  • Year Assessed: 2019
  • Zoning: R-3
  • Zoning Description: Residential
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5398346
  • Tax Annual Amount: 3452.00
  • Assessor Parcel Number: 10-013992
  • Tax Lot: 166
  • Tax Page Number: 350
  • Tax Total Finished Sq Ft: 2445
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 11/08/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Nov 8, 2019
Sold by
Rutherford Connie
Bought by
Murbro Llc
Seller's Agent
Rusty Molnar
Keller Williams Realty Delmarva
Buyer's Agent
Grant Fritschle
Keller Williams Realty Delmarva
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
$621,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,194
Avg. Annual Appreciation
13.72%
Original Mortgage
$51,000
Outstanding Balance
$45,061
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$593,108

Purchase Details

Closed on
Aug 3, 1999
Sold by
Brown Dale W and Brown Neil Brown
Bought by
Rutterford Richard G and Rutterford Connie

Purchase Details

Closed on
Dec 18, 1997
Sold by
Brown Dale W and Brown Neil B
Bought by
Brown Dale W and Wm Balderson Jr Trustees & Others
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
Murbro Llc $300,000 Ocean Investments Title Corp
Rutterford Richard G $118,000 --
Brown Dale W -- --
Brown Dale W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murbro Llc $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $300,000 -7.7% $123 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $325,000 -- $133 / 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 $4,045 $457,000 $309,600 $147,400
2024 $4,045 $424,500 $0 $0
2023 $3,751 $392,000 $0 $0
2022 $3,425 $359,500 $309,600 $49,900
2021 $3,440 $359,500 $309,600 $49,900
2020 $3,440 $359,500 $309,600 $49,900
2019 $3,452 $360,700 $309,600 $51,100
2018 $3,174 $336,667 $0 $0
2017 $2,733 $312,633 $0 $0
2016 -- $288,600 $0 $0
2015 $2,186 $283,000 $0 $0
2014 $2,186 $277,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO106188

Bright MLS

APN: 10-013992