NOT LISTED FOR SALE

Marigot Beach Condominiums 10002 Coastal Hwy Unit 1205 Ocean City, MD 21842

Estimated Value: $374,563 - $430,000

1 Bed
1.5 Baths
720 Sq Ft
$422/mo HOA Fee

Last Sold March 06, 2023

Last sale price $360,000 $500 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,895/month

6 Days on Market

Highlights

  • Coastal Architecture
  • Community Pool
  • Central Heating and Cooling System
  • Ocean City Elementary School Rated A
  • Doors with lever handles

About This Home

As of March 2023

Looking for Paradise? Here it is! Breath Taking Ocean and Bay views from this top floor direct oceanfront property. It boasts one bedroom, one and a half bath, is nicely furnished, has central air and a washer/ dryer. Well maintained. Just bring your beach chairs! Come enjoy the beautiful ocean and the excitement of being on the Eastern Shore with its many attractions, restaurants and beaches! If you love the beach, then this is the one to see!

Last Agent to Sell the Property

Karen Oass

Long & Foster Real Estate, Inc. License #504976 Listed on: 02/15/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Karen Oass

Long & Foster Real Estate, Inc. License #504976 Listed on: 02/15/2023

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,821

Year Built

  • Built in 1984

HOA Fees

  • $422 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Coastal Architecture
  • Masonry

Interior Spaces

  • 720 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Doors with lever handles
  • Flood Risk

Listing and Financial Details

  • Tax Lot 1205
  • Assessor Parcel Number 2410269989

Community Details

Overview

  • Mid-Rise Condominium
  • Marigot Beach Community

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,821

Year Built

Built in 1984

Lot Details

0

HOA Fees

$422 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Coastal
  • Accessibility Features: Doors - Lever Handle(s)
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: Looking for Paradise? Here it is! Breath Taking Ocean and Bay views from this top floor direct oceanfront property. It boasts one bedroom, one and a half bath, is nicely furnished, has central air and a washer/ dryer. Well maintained. Just bring your beach chairs! Come enjoy the beautiful ocean and the excitement of being on the Eastern Shore with its many attractions, restaurants and beaches! If you love the beach, then this is the one to see!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 720
  • Living Area Sq Ft: 720
  • Price Per Sq Ft: 520.83
  • Above Grade Finished Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10002

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 1265.75
  • Condo Co-Op Fee Frequency: Quarterly
  • 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: 2023
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5419921
  • Tax Annual Amount: 2821.00
  • Assessor Parcel Number: 2410269989
  • Tax Lot: 1205
  • Tax Total Finished Sq Ft: 720
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/06/2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2025
Sold by
Manginelli John and Manginelli Lena
Bought by
Manginelli Family Living Trust and Manginelli
Current Estimated Value
$400,268

Purchase Details

Listed on
Feb 15, 2023
Closed on
Mar 6, 2023
Sold by
Patrizio Edward
Bought by
Manginelli John and Manginelli Lena
Seller's Agent
Karen Oass
Long & Foster Real Estate, Inc.
Buyer's Agent
Karen Oass
Long & Foster Real Estate, Inc.
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%

Purchase Details

Closed on
Oct 24, 2008
Sold by
Brereton Martha V
Bought by
Edward Patrizio and Patrizio Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2008
Sold by
Brereton Martha V
Bought by
Edward Patrizio and Patrizio Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2002
Sold by
Wing Martha V
Bought by
Brereton Martha V

Purchase Details

Closed on
Jan 3, 1997
Sold by
Fasching Joseph A
Bought by
Wing Martha V
Source: Public Records

Range of Values:

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Average Value
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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
Manginelli Family Living Trust -- None Listed On Document
Manginelli Family Living Trust -- None Listed On Document
Manginelli John $360,000 Ocean Investments Title
Edward Patrizio $275,000 --
Edward Patrizio $275,000 --
Brereton Martha V -- --
Wing Martha V $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patrizio Edward $149,500
Previous Owner Edward Patrizio $145,000
Previous Owner Edward Patrizio $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $360,000 -4.0% $500 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $375,000 -- $521 / 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 $3,506 $297,333 $0 $0
2024 $3,506 $251,267 $0 $0
2023 $2,884 $205,200 $143,600 $61,600
2022 $2,813 $200,133 $0 $0
2021 $2,757 $195,067 $0 $0
2020 $2,695 $190,000 $133,000 $57,000
2019 $2,703 $190,000 $133,000 $57,000
2018 $2,676 $190,000 $133,000 $57,000
2017 $2,760 $194,400 $0 $0
2016 -- $194,400 $0 $0
2015 $2,835 $194,400 $0 $0
2014 $2,835 $208,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2012354

Bright MLS

APN: 10-269989