Seller's Agent in 2020
Wayne Phillips
Coastal Life Realty Group LLC
(410) 726-9200
89 in this area
94 Total Sales
10 135th St Unit 508 Ocean City, MD 21842
Estimated Value: $407,000 - $424,000
2
Beds
2
Baths
924
Sq Ft
$208/mo
HOA Fee
Highlights
- Ocean View
- Water Oriented
- Open Floorplan
- Ocean City Elementary School Rated A
- Building is oceanfront but unit may not have water views
- Deck
About This Home
As of March 2020Are you looking for your own beach cottage in ocean city? I have one for you! Watergate I #508 on 135th St and ocean block with 2 bedrooms & 2 bathrooms. It has fantastic bay AND ocean views, from inside the unit and from the huge balcony. Watergate I #508 is available immediately so you can move right in. It comes fully furnished and completely turnkey including dishes, bedding, towels, etc. Just bring your bathing suit! Enjoy your own assigned parking space and plenty of street parking for guests. This end unit with all new windows is in immaculate condition featuring a new 50-gallon hot water heater, new storm door, and a new Bath Fitter tub in the master bedroom. Enjoy the warm southern sun in the spring and fall in this south facing condo. Watergate I has a very well managed condo association, is just steps from the beach, and a great location in North Ocean City. Flood insurance included in the condo fee!Look at this property before you make your buying decision!!
Last Agent to Sell the Property
(410) 726-9200 ocwayne@gmail.com Coastal Life Realty Group LLC Listed on: 02/10/2020
Last Buyer's Agent
(443) 935-6470 Zach@HosfordRes.com Hosford & Son Realty, LLC License #627200
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,076
Year Built
- Built in 1973
Lot Details
- Building is oceanfront but unit may not have water views
- Property is in very good condition
HOA Fees
- $208 Monthly HOA Fees
Property Views
- Ocean
- Bay
Home Design
- Entry on the 5th floor
- Flat Roof Shape
- Block Foundation
- Slab Foundation
- Built-Up Roof
- Cement Siding
- Piling Construction
- Masonry
Interior Spaces
- 924 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Bar
- Window Treatments
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Electric Dryer
- Washer
Home Security
Parking
- Lighted Parking
- Paved Parking
- On-Street Parking
- Parking Lot
- Off-Street Parking
- 1 Assigned Parking Space
Outdoor Features
- Outdoor Shower
- Water Oriented
- Property is near an ocean
- Balcony
- Deck
- Exterior Lighting
Location
- Flood Risk
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 508
- Assessor Parcel Number 10-167256
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, reserve funds, road maintenance, snow removal
- Mid-Rise Condominium
- Watergate I (135Th St.) Community
Additional Features
- Fire and Smoke Detector
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2020
Closed on
Mar 20, 2020
Sold by
Schlining Victoria V
Bought by
Ruby Brent and Sinkiewicz Melissa A
Seller's Agent
Wayne Phillips
Coastal Life Realty Group LLC
Buyer's Agent
Zach Hosford
Hosford & Son Realty, LLC
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,771
Avg. Annual Appreciation
8.72%
Original Mortgage
$195,000
Outstanding Balance
$172,371
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$241,400
Purchase Details
Closed on
Jul 1, 2013
Sold by
Ceresi John E and Kangas Mark E
Bought by
Schlining
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 15, 2012
Sold by
Ceresi John E and Kangas Mark E
Bought by
Ceresi John E and Kangas Mark E
Purchase Details
Closed on
Dec 6, 2005
Sold by
Jeanne Lanciotti
Bought by
Ceresi John E and Kangas Joanne F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 29, 2005
Sold by
Jeanne Lanciotti
Bought by
Ceresi John E and Kangas Joanne F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 16, 2005
Sold by
Offutt Richard W
Bought by
Jeanne Lanciotti
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
5.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 9, 2004
Sold by
Offutt Richard W
Bought by
Jeanne Lanciotti
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
5.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 24, 2000
Sold by
Schmidt Mary M
Bought by
Offutt Richard W and Offutt Francine
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ruby Brent | $260,000 | Real Estate Title & Escrow | |
| Schlining | $239,000 | Property Title & Escrow Llc | |
| Ceresi John E | -- | None Available | |
| Ceresi John E | $370,000 | -- | |
| Ceresi John E | $370,000 | -- | |
| Jeanne Lanciotti | $298,000 | -- | |
| Jeanne Lanciotti | $298,000 | -- | |
| Offutt Richard W | $109,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ruby Brent | $195,000 | |
| Previous Owner | Schlining | $191,200 | |
| Previous Owner | Ceresi John E | $296,000 | |
| Previous Owner | Ceresi John E | $296,000 | |
| Previous Owner | Jeanne Lanciotti | $198,000 | |
| Previous Owner | Jeanne Lanciotti | $198,000 | |
| Closed | Offutt Richard W | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/20/2020 03/20/20 | Sold | $260,000 | -3.7% | $281 / Sq Ft |
| 02/18/2020 02/18/20 | Pending | -- | -- | -- |
| 02/10/2020 02/10/20 | For Sale | $269,900 | -- | $292 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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
-
Wayne Phillips
-
Zach Hosford
Buyer's Agent in 2020
Zach Hosford
Hosford & Son Realty, LLC
(443) 935-6470
10 in this area
20 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO112002
APN: 10-167256
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