NOT LISTED FOR SALE

Marigot Beach Condominiums 10002 Coastal Hwy Unit 1208 Ocean City, MD 21842

Estimated Value: $376,920 - $414,000

1 Bed
1 Bath
720 Sq Ft
$417/mo HOA Fee

Last Sold July 29, 2022

Last sale price $399,000 $554 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,884/month

12 Days on Market

Highlights

  • Beach
  • Private Beach Club
  • Community Indoor Pool
  • Ocean City Elementary School Rated A
  • Penthouse
  • Furnished

About This Home

As of July 2022

This is the ONE you have been waiting for! OCEANFRONT Top floor unit. Watch the sunrise from your balcony, and watch the sunset from your bedroom. Fantastic unit with many updates. Sub zero refrigerator, Miele oven and cooktop. Unit has never been rented. Custom designed interior and furnishings. Year round security, basic cable & Wi Fi included in Condo fee. Assigned parking. Indoor heated pool. Buyers should do their own due diligence to measure property and confirm all information to their satisfaction including but not limited to schools, sizes, tax information.

Last Agent to Sell the Property

Lynette Bridges-Catha

Hileman Real Estate Inc-Salisbury License #RS0019451 Listed on: 07/02/2022

Last Buyer's Agent

Jamie Caine

Coldwell Banker Realty License #52321

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,756

Year Built

  • Built in 1984 | Remodeled in 2000

HOA Fees

  • $417 Monthly HOA Fees

Home Design

  • Penthouse
  • Cement Siding

Interior Spaces

  • 720 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Appliances
  • Flood Risk

Listing and Financial Details

  • Tax Lot 1208
  • Assessor Parcel Number 2410270014

Community Details

Overview

  • Association fees include common area maintenance, pool(s), snow removal
  • High-Rise Condominium
  • Marigot Beach Community

Amenities

  • Common Area
  • 2 Elevators

Recreation

  • Beach
  • Private Beach Club
  • Community Indoor Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,756

Year Built

Built in 1984 | Remodeled in 2000

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: Artwork, 2 dining room chairs, jellyfish lamp, personal items
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Year Renovated: 2000
  • Automatically Close On Close Date: No
  • Remarks Public: This is the ONE you have been waiting for! OCEANFRONT Top floor unit. Watch the sunrise from your balcony, and watch the sunset from your bedroom. Fantastic unit with many updates. Sub zero refrigerator, Miele oven and cooktop. Unit has never been rented. Custom designed interior and furnishings. Year round security, basic cable & Wi Fi included in Condo fee. Assigned parking. Indoor heated pool. Buyers should do their own due diligence to measure property and confirm all information to their satisfaction including but not limited to schools, sizes, tax information.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 1
  • Interior Amenities: Carpet, Combination Dining/Living
  • Elevators Count: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 720
  • Living Area Sq Ft: 720
  • Price Per Sq Ft: 554.17
  • 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: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

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: Heat Pump(s)
  • 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: 5000.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach, Beach Club, Common Grounds, Elevator, Pool - Indoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Snow Removal
  • 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: 5419924
  • Tax Annual Amount: 2756.00
  • Assessor Parcel Number: 2410270014
  • Tax Lot: 1208
  • Tax Total Finished Sq Ft: 720
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/29/2022

Multi Family

  • Federal Flood Zone: 24047C0066H

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2022
Closed on
Jul 29, 2022
Sold by
Mccaffery Jr Patrick J
Bought by
Druding James G and Druding Barbara M
Seller's Agent
Lynette Bridges-Catha
Hileman Real Estate Inc-Salisbury
Buyer's Agent
Jamie Caine
Coldwell Banker Realty
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$409,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,948
Avg. Annual Appreciation
0.49%

Purchase Details

Listed on
Oct 24, 2018
Closed on
Jan 30, 2020
Sold by
Ayres Michael O and Ayres Delyte E
Bought by
Mccaffery Patrick J and Mccaffery Paula Elaine
Seller's Agent
Jamie Caine
Coldwell Banker Realty
Buyer's Agent
Keti Lynch
Shoreline Properties
List Price
$249,999
Sold Price
$233,000
Premium/Discount to List
-$16,999
-6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.01%
Original Mortgage
$185,000
Interest Rate
3.74%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Dec 28, 1984
Sold by
Marigot Beach Limited Partnership
Bought by
Ayres Michael O and Ayres Delyte E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
13.14%
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
Druding James G $399,000 Title Resources Guaranty
Mccaffery Patrick J $233,000 Mid Atlantic T&E Co Inc
Ayres Michael O $92,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccaffery Patrick J $185,000
Previous Owner Ayres Michael O $200,000
Previous Owner Ayres Michael O $83,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $399,000 0.0% $554 / Sq Ft
07/02/2022 07/02/22 For Sale $399,000 +71.2% $554 / Sq Ft
01/30/2020 01/30/20 Sold $233,000 -6.8% $324 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
09/30/2019 09/30/19 Price Changed $249,999 0.0% $347 / Sq Ft
09/30/2019 09/30/19 For Sale $249,999 +7.3% $347 / Sq Ft
09/19/2019 09/19/19 Off Market $233,000 -- --
03/13/2019 03/13/19 Price Changed $265,000 -8.6% $368 / Sq Ft
10/25/2018 10/25/18 For Sale $290,000 -- $403 / 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 $2,711 $190,000 $133,000 $57,000
2017 $2,760 $194,400 $0 $0
2016 $2,760 $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

  • Lynette Bridges-Catha

    Seller's Agent in 2022

    Lynette Bridges-Catha

    Hileman Real Estate Inc-Salisbury

    (443) 497-3128

    17 in this area

    85 Total Sales

    Section Image
  • Jamie Caine

    Buyer's Agent in 2022

    Jamie Caine

    Coldwell Banker Realty

    (410) 726-0725

    179 in this area

    266 Total Sales

    Section Image
  • Keti Lynch

    Buyer's Agent in 2020

    Keti Lynch

    Shoreline Properties

    (443) 235-5482

    58 in this area

    62 Total Sales

    Section Image
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About Marigot Beach Condominiums

Map

Source: Bright MLS

MLS Number: MDWO2008942

Bright MLS

APN: 10-270014

Maryland Worcester County Ocean City 21842

10002 Coastal Hwy Unit 1208, Ocean City, MD

This home is located at 10002 Coastal Hwy Unit 1208, Ocean City, MD 21842 since 02 July 2022 and is currently estimated at $395,480, approximately $549 per square foot. This property was built in 1984. 10002 Coastal Hwy Unit 1208 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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