NOT LISTED FOR SALE

Marigot Beach Condominiums 10002 Coastal Hwy Unit 112 Ocean City, MD 21842

Estimated Value: $658,000 - $771,000

3 Beds
2 Baths
1,241 Sq Ft
$738/mo HOA Fee

Last Sold May 25, 2022

Last sale price $699,900 $564 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,146/month

8 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Primary bedroom faces the ocean
  • Open Floorplan
  • Ocean City Elementary School Rated A
  • Sandy Beach
  • Furnished

About This Home

As of May 2022

Beautiful, 3 Bedroom, first floor, end unit in the desirable Marigot Beach building! Watch the sunrise from the oceanfront primary bedroom or the living room. The large window in the dining area, provides ocean and beach views to the North. This lovingly cared-for unit is light filled and waiting for you! 2 Assigned parking spaces and a pool round out the package! This beautiful property will not last long.

Last Agent to Sell the Property

Ryan Haley

Atlantic Shores Sotheby's International Realty License #580256 Listed on: 04/15/2022

Atlantic Shores Sotheby's International Realty

Last Buyer's Agent

Steve Mastbrook

Long & Foster Real Estate, Inc. License #RS0021087

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,208

Year Built

  • Built in 1984

Lot Details

  • 125 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach

HOA Fees

  • $738 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Stick Built Home
  • Masonry

Interior Spaces

  • 1,241 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Lot
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Access
  • Property is near an ocean

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 2410268605

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, pool(s), cable TV
  • High-Rise Condominium
  • Marigot Beach Community

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,208

Year Built

Built in 1984

Lot Details

0

HOA Fees

$738 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-15
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful, 3 Bedroom, first floor, end unit in the desirable Marigot Beach building! Watch the sunrise from the oceanfront primary bedroom or the living room. The large window in the dining area, provides ocean and beach views to the North. This lovingly cared-for unit is light filled and waiting for you! 2 Assigned parking spaces and a pool round out the package! This beautiful property will not last long.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Carpet, Combination Dining/Living, Elevator, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Ocean Front, Window Treatments
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1241
  • Living Area Sq Ft: 1241
  • Price Per Sq Ft: 563.98
  • Above Grade Finished Sq Ft: 1241
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10002

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Stick Built, Masonry
  • Roof: Built-Up
  • Water Access Features: Public Beach
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No
  • Water Frontage In Feet: 125

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central, Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2214.25
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Pool(s), Cable Tv
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • 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
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5419796
  • Tax Annual Amount: 5208.00
  • Assessor Parcel Number: 2410268605
  • Tax Lot: 112
  • Tax Total Finished Sq Ft: 1241
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/25/2022

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 25, 2022
Sold by
Elizabeth Anne Renehan Living Trust
Bought by
Leizear Larry R and Leizear Margaret Ruth
Seller's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
Buyer's Agent
Steve Mastbrook
Long & Foster Real Estate, Inc.
List Price
$699,900
Sold Price
$699,900
Current Estimated Value
$728,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,475
Avg. Annual Appreciation
1.03%
Original Mortgage
$459,900
Outstanding Balance
$438,143
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$285,330

Purchase Details

Closed on
Apr 17, 2009
Sold by
Renehan Patrick L and Renehan Elizabeth A
Bought by
Living Elizabeth Anne Renehan

Purchase Details

Closed on
Aug 19, 1988
Sold by
Tart'S Investment Corporation
Bought by
Renehan Patrick L and Renehan Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,850
Interest Rate
10.71%

Purchase Details

Closed on
Mar 4, 1988
Sold by
Media Marketing Associates Inc
Bought by
Tart'S Investment Corporation
Source: Public Records

Range of Values:

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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
Leizear Larry R $699,900 Sage Title
Living Elizabeth Anne Renehan -- --
Renehan Patrick L $206,500 --
Tart'S Investment Corporation $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leizear Larry R $459,900
Previous Owner Renehan Patrick L $185,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $699,900 0.0% $564 / Sq Ft
04/15/2022 04/15/22 For Sale $699,900 -- $564 / 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 $6,499 $555,533 $0 $0
2024 $6,499 $465,767 $0 $0
2023 $5,284 $376,000 $263,200 $112,800
2022 $5,232 $372,267 $0 $0
2021 $5,208 $368,533 $0 $0
2020 $5,174 $364,800 $255,300 $109,500
2019 $5,190 $364,800 $255,300 $109,500
2018 $5,138 $364,800 $255,300 $109,500
2017 $5,215 $367,300 $0 $0
2016 -- $367,300 $0 $0
2015 $5,274 $367,300 $0 $0
2014 $5,274 $398,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Haley

    Seller's Agent in 2022

    Ryan Haley

    Atlantic Shores Sotheby's International Realty

    (443) 880-8078

    221 in this area

    399 Total Sales

    Section Image
  • Steve Mastbrook

    Buyer's Agent in 2022

    Steve Mastbrook

    Long & Foster

    (302) 604-2694

    50 in this area

    79 Total Sales

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About Marigot Beach Condominiums

Map

Source: Bright MLS

MLS Number: MDWO2007074

Bright MLS

APN: 10-268605

Maryland Worcester County Ocean City 21842

10002 Coastal Hwy Unit 112, Ocean City, MD

This home is located at 10002 Coastal Hwy Unit 112, Ocean City, MD 21842 since 15 April 2022 and is currently estimated at $723,473, approximately $582 per square foot. This property was built in 1984. 10002 Coastal Hwy Unit 112 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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