NOT LISTED FOR SALE

10 135th St Unit 204 Ocean City, MD 21842

Estimated Value: $401,000 - $414,000

2 Beds
2 Baths
924 Sq Ft
$248/mo HOA Fee

Last Sold May 25, 2023

Last sale price $390,000 $422 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,731/month

8 Days on Market

Highlights

  • Ocean View
  • Water Oriented
  • Furnished
  • Ocean City Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • 1 Elevator

About This Home

As of May 2023

This large 2 bedroom, 2 bath southern exposure condo is located on the 2nd floor, has an open floor plan with a spacious balcony that is the width of the unit and offers some ocean view! This condo has been gently used by caring owners and recent updates include: 2022 New slider. 2021 New soft close kitchen cabinets & drawers, counters, tile floor, microwave, garbage disposal, water heater, bathroom vanity and toilet. 2020 New Furnace/AC. Watergate I offers an elevator, 1 assigned parking space, a private storage closet directly across from the unit and in 2022 the building had the roof replaced. Located on the ocean block at 135th St. only 1/2 block to the beach & close to restaurants, shopping, grocery store, amusements, entertainment, Northside Park & Fenwick Island. The owner currently has an AHS home warranty in place that will transfer to the buyer (ends Dec 2023). What an opportunity to own an affordable 2 bedroom ocean block condo in North Ocean City! Offers are due by 1pm Monday April 24.

Last Agent to Sell the Property

Dave Whittington

(410) 430-5283 ocdavew@gmail.com Coastal Life Realty Group LLC License #520693 Listed on: 04/18/2023

Last Buyer's Agent

Ron Harris

(570) 401-1760 ron@ryanhaley.com Atlantic Shores Sotheby's International Realty License #5009007

Atlantic Shores Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1973

Lot Details

  • Building is oceanfront but unit may not have water views

HOA Fees

  • $248 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Masonry

Interior Spaces

  • 924 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ocean Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Assigned parking located at #204
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 204
  • Assessor Parcel Number 2410167396

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, trash, water
  • Low-Rise Condominium
  • Watergate I (135Th St.) Community

Amenities

  • 1 Elevator

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,048

Year Built

Built in 1973

Lot Details

0

HOA Fees

$248 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-04-21
  • Federal Flood Zone: No
  • Year Built: 1973
  • Assigned Parking Space Numbers: 204
  • Automatically Close On Close Date: No
  • Remarks Public: This large 2 bedroom, 2 bath southern exposure condo is located on the 2nd floor, has an open floor plan with a spacious balcony that is the width of the unit and offers some ocean view! This condo has been gently used by caring owners and recent updates include: 2022 New slider. 2021 New soft close kitchen cabinets & drawers, counters, tile floor, microwave, garbage disposal, water heater, bathroom vanity and toilet. 2020 New Furnace/AC. Watergate I offers an elevator, 1 assigned parking space, a private storage closet directly across from the unit and in 2022 the building had the roof replaced. Located on the ocean block at 135th St. only 1/2 block to the beach & close to restaurants, shopping, grocery store, amusements, entertainment, Northside Park & Fenwick Island. The owner currently has an AHS home warranty in place that will transfer to the buyer (ends Dec 2023). What an opportunity to own an affordable 2 bedroom ocean block condo in North Ocean City! Offers are due by 1pm Monday April 24.
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 2
  • Fireplace: No
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 924
  • Living Area Sq Ft: 924
  • Price Per Sq Ft: 432.90
  • Above Grade Finished Sq Ft: 924
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10

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
  • Construction Materials: Masonry
  • View: Ocean, Water
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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: 1487.00
  • Condo Co-Op Fee Frequency: Semi-Annually
  • HOA Condo Co-Op Amenities: Elevator, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Trash, Water
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2023
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5411073
  • Tax Annual Amount: 3048.00
  • Assessor Parcel Number: 2410167396
  • Tax Lot: 204
  • Tax Total Finished Sq Ft: 924
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/25/2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
May 25, 2023
Sold by
Boyer Cynthia
Bought by
Mcgowan Renata and Mcgowan Kevin
Seller's Agent
Dave Whittington
Coastal Life Realty Group LLC
Buyer's Agent
Ron Harris
Atlantic Shores Sotheby's International Realty
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Views
54
Current Estimated Value
$409,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,644
Avg. Annual Appreciation
2.09%
Original Mortgage
$312,000
Outstanding Balance
$303,497
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$106,147

Purchase Details

Listed on
Oct 10, 2018
Closed on
Nov 30, 2018
Sold by
Lowman Ronald and Lowman Karen
Bought by
Boyer Cynthia and Boyer John L
Seller's Agent
Nicholas Bobenko
Coastal Life Realty Group LLC
Buyer's Agent
Dave Whittington
Coastal Life Realty Group LLC
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$188,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2007
Sold by
Hyman Shapiro
Bought by
Ronald Lowman and Lowman Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2007
Sold by
Hyman Shapiro
Bought by
Ronald Lowman and Lowman Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
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
Mcgowan Renata $390,000 Old Republic Title
Boyer Cynthia $235,000 None Available
Ronald Lowman $285,000 --
Ronald Lowman $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgowan Renata $312,000
Previous Owner Boyer Cynthia $188,000
Previous Owner Ronald Lowman $220,000
Previous Owner Ronald Lowman $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2023 05/25/23 Sold $390,000 -2.5% $422 / Sq Ft
04/18/2023 04/18/23 For Sale $400,000 +70.2% $433 / Sq Ft
11/30/2018 11/30/18 Sold $235,000 -2.0% $254 / Sq Ft View Prior Sale
10/15/2018 10/15/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $239,900 -- $260 / 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 $3,747 $320,867 $0 $0
2024 $3,747 $268,533 $0 $0
2023 $3,038 $216,200 $108,100 $108,100
2022 $3,038 $216,200 $108,100 $108,100
2021 $3,055 $216,200 $108,100 $108,100
2020 $3,055 $216,200 $108,100 $108,100
2019 $3,076 $216,200 $108,100 $108,100
2018 $3,045 $216,200 $108,100 $108,100
2017 $3,048 $219,900 $0 $0
2016 -- $214,667 $0 $0
2015 $3,060 $209,433 $0 $0
2014 $3,060 $204,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2013318

Bright MLS

APN: 10-167396