NOT LISTED FOR SALE

Estimated Value: $477,000 - $558,000

2 Beds
2 Baths
1,170 Sq Ft
$298/ mo HOA Fee

Last Sold April 19, 2024

Last sale price $435,000 $372 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,414/month

155 Days on Market

Highlights

  • Ocean View
  • Oceanside
  • Elevator
  • Ocean City Elementary School Rated A
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

Looking for a spacious, well-maintained condo in a prime location? Check out this beautiful masonry building located on the ocean block with an open floor plan. At 1170 sq ft, this 2 bedroom, 2 bath condo is perfect for comfortable living. The kitchen was recently remodeled in 2022 with granite counters, Maytag stainless steel appliances, updated flooring, and custom lighting under the cabinets. The Heat & A/C was replaced in Feb 2024 and the water heater was replaced in 2022. Enjoy a balcony with an ocean view and southern exposure, perfect for relaxation The owners' suite has a slider to the balcony and comes with a private bathroom. Don't miss out on this gem that has never been rented by its long-time owners. Building amenities for 81 Beach Hill include an outdoor pool, elevator, 1 assigned parking space, an overflow parking lot with open parking located diagonally from the building and a storage locker located on the same floor as the condo unit. The convenient ocean block location at 81st St is close to many restaurants, shopping, entertainment and not far from the Rt. 90 bridge at 62nd St. that allows for easy access in and out of Ocean City. What a fabulous opportunity to own an ocean block condo in Ocean City, MD that is so close to the beach! Reserve Study was done in 2022. There are no special assessments.

Last Agent to Sell the Property

Dave Whittington

(443) 552-7579 joe@coastallifeoc.com Coastal Life Realty Group LLC License #520693 Listed on: 10/12/2023

Last Buyer's Agent

Mitchell David

(410) 723-7070 mitchelldavid06@gmail.com Sheppard Realty Inc License #636139

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 1973

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Masonry

Interior Spaces

  • 1,170 Sq Ft Home
  • Property has 1 Level
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Utilities

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

Additional Features

  • Oceanside
  • Ground Rent

Listing and Financial Details

  • Tax Lot 204
  • Assessor Parcel Number 2410089549

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, pool(s), trash, water
  • Low-Rise Condominium
  • Eighty One Beach Hill Community

Amenities

  • Elevator

Recreation

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,562

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

HOA Fees

$298 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: Wooden table in primary bedroom and Wooden table in 2nd bedroom.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-10-12
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1170
  • Living Area Sq Ft: 1170
  • Price Per Sq Ft: 384.62
  • Above Grade Finished Sq Ft: 1170
  • 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
  • Construction Materials: Masonry
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

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: 893.20
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pool(s), Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

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

Rental Info

  • Ground Rent Exists: Yes
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3562.00
  • Assessor Parcel Number: 2410089549
  • Tax Lot: 204
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Apr 15, 2024
Sold by
Smith Mark A and Smith Barbara F
Bought by
Baia Daryn J and Sheridan-Baia Erin M
Seller's Agent
Dave Whittington
Coastal Life Realty Group LLC
Buyer's Agent
Mitchell David
Sheppard Realty Inc
List Price
$469,900
Sold Price
$435,000
Premium/Discount to List
-$34,900
-7.43%
Views
206
Current Estimated Value
$513,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,242
Avg. Annual Appreciation
9.00%
Original Mortgage
$87,000
Outstanding Balance
$42,422
Interest Rate
6.74%
Estimated Equity
$470,820

Purchase Details

Closed on
Dec 4, 2003
Sold by
Debinski Mark A and Debinski Janet M
Bought by
Smith Mark A and Smith Barbara F

Purchase Details

Closed on
Oct 3, 2000
Sold by
Jernigan James A and Jernigan Patricia A
Bought by
Debinski Mark A and Debinski Janet M

Purchase Details

Closed on
Jul 9, 1992
Sold by
Smith John C and Smith Bruce F
Bought by
Jernigan James A and Jernigan Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
8.29%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Baia Daryn J $435,000 Ocean Investments Title
Smith Mark A $330,000 --
Debinski Mark A $153,000 --
Jernigan James A $96,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baia Daryn J $87,000
Open Baia Daryn J $261,000
Previous Owner Jernigan James A $77,400
Closed Debinski Mark A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $435,000 -3.3% $372 / Sq Ft
03/05/2024 03/05/24 Price Changed $450,000 -2.2% $385 / Sq Ft
11/10/2023 11/10/23 Price Changed $459,900 -2.1% $393 / Sq Ft
10/12/2023 10/12/23 For Sale $469,900 -- $402 / Sq Ft
Source: Bright MLS

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 $5,336 $390,767 $0 $0
2024 $4,489 $321,733 $0 $0
2023 $3,551 $252,700 $176,800 $75,900
2022 $3,551 $252,700 $176,800 $75,900
2021 $3,571 $252,700 $176,800 $75,900
2020 $3,584 $252,700 $176,800 $75,900
2019 $3,595 $252,700 $176,800 $75,900
2018 $3,559 $252,700 $176,800 $75,900
2017 $3,720 $266,700 $0 $0
2016 -- $262,033 $0 $0
2015 $3,861 $257,367 $0 $0
2014 $3,861 $252,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2016908

Bright MLS

APN: 10-089549

Your Personal Tour Guide

Ask me questions while you tour the home.