NOT LISTED FOR SALE

1 64th St Unit 302 Ocean City, MD 21842

Estimated Value: $579,000 - $795,000

2 Beds
2 Baths
1,197 Sq Ft
$442/mo HOA Fee

Last Sold April 23, 2021

Last sale price $625,000 $522 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,637/month

Highlights

  • Ocean Front
  • Access to Tidal Water
  • Open Floorplan
  • Ocean City Elementary School Rated A
  • Gourmet Kitchen
  • Furnished

About This Home

As of April 2021

DIRECT OCEANFRONT END UNIT !!! Elevated 3rd floor unit, full ocean view (no obstructed views) with wrap around balcony. Open floor plan and views of the ocean from the couch to the kitchen!! Absolutely beautiful condo with New cortec floors, New Hvac system, New water heater, New interior doors, New bathroom (vanities, sinks, sink sets,& light bars), New hallway lights & chandelier, New beds, Upgraded countertops, condo totally painted, and more! Truly a move-in ready 2 bed/ 2 bath condo in a garden/ mid-rise building with elevator and 2 assigned parking spots (1 covered). Best of BeachLife Oceanfront!!!

Last Agent to Sell the Property

Mitchell David

(443) 614-7048 mitchelldavid06@gmail.com Sheppard Realty Inc License #636139 Listed on: 03/05/2021

Last Buyer's Agent

Nicholas Bobenko

(443) 614-9179 nick@coastallifeoc.com Coastal Life Realty Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,919

Year Built

  • Built in 1985

Lot Details

  • Ocean Front
  • Home fronts navigable water

HOA Fees

  • $442 Monthly HOA Fees

Parking

  • 3 Assigned Parking Garage Spaces
  • Parking Lot

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,197 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Ocean Views

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Water Access
  • Property is near an ocean

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 302
  • Assessor Parcel Number 10-290449

Community Details

Overview

  • Association fees include common area maintenance, management, reserve funds, trash, water
  • Low-Rise Condominium
  • Surfcaster Community
  • Property Manager

Amenities

  • 1 Elevator

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,919

Year Built

Built in 1985

Lot Details

0

HOA Fees

$442 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: See attached document
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-03-06
  • Federal Flood Zone: Yes
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Upgraded Countertops
  • Fireplace: No
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1197
  • Living Area Sq Ft: 1197
  • Price Per Sq Ft: 522.14
  • Above Grade Finished Sq Ft: 1197
  • Above Grade Finished Area Units: Square Feet

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: Block
  • Exterior Features: Outside Shower
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 1
  • Parking Lot Number Of Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1325.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Reserve Funds, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5421713
  • Tax Annual Amount: 5919.00
  • Assessor Parcel Number: 10-290449
  • Tax Lot: 302
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

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 5, 2021
Closed on
Apr 23, 2021
Sold by
Russell Edward B R and Russell Patricia K
Bought by
Shealey Harry M and Shealey Karen Ann
Seller's Agent
Mitchell David
Sheppard Realty Inc
Buyer's Agent
Nicholas Bobenko
Coastal Life Realty Group LLC
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$688,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,772
Avg. Annual Appreciation
2.17%
Original Mortgage
$468,750
Outstanding Balance
$423,900
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$264,872

Purchase Details

Listed on
Aug 27, 2019
Closed on
Nov 7, 2019
Sold by
Bieber Randall S and Bieber Donna J
Bought by
Russell Edward R B and Russell Patricia K
Seller's Agent
Wayne Phillips
Coastal Life Realty Group LLC
Buyer's Agent
Mitchell David
Sheppard Realty Inc
List Price
$489,000
Sold Price
$450,000
Premium/Discount to List
-$39,000
-7.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.23%
Original Mortgage
$360,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2003
Sold by
Bieber Randall S and Murray Donna J
Bought by
Bieber Randall S and Bieber Donna J

Purchase Details

Closed on
Jun 11, 1986
Sold by
Fred Pritt Homes Inc
Bought by
Bieber Randall S and Murray Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
10.74%
Source: Public Records

Range of Values:

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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
Shealey Harry M $625,000 None Available
Russell Edward R B $450,000 Ocean Investments Title Corp
Bieber Randall S -- --
Bieber Randall S $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shealey Harry M $468,750
Previous Owner Russell Edward R B $360,000
Previous Owner Bieber Randall S $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2021 04/23/21 Sold $625,000 0.0% $522 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $625,000 +38.9% $522 / Sq Ft
11/07/2019 11/07/19 Sold $450,000 -8.0% $376 / Sq Ft View Prior Sale
10/04/2019 10/04/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $489,000 -- $409 / 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 $7,082 $518,633 $0 $0
2024 $6,541 $468,767 $0 $0
2023 $5,887 $418,900 $293,200 $125,700
2022 $5,887 $418,900 $293,200 $125,700
2021 $5,919 $418,900 $293,200 $125,700
2020 $5,919 $418,900 $293,200 $125,700
2019 $5,551 $390,167 $0 $0
2018 $5,091 $361,433 $0 $0
2017 $4,723 $332,700 $0 $0
2016 $5,358 $332,700 $0 $0
2015 $5,358 $332,700 $0 $0
2014 $5,358 $336,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO120514

Bright MLS

APN: 10-290449