NOT LISTED FOR SALE

Marigot Beach Condominiums 10002 Coastal Hwy Unit 205 Ocean City, MD 21842

Estimated Value: $374,000 - $387,000

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

Last Sold March 11, 2022

Last sale price $366,000 $508 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,774/month

41 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Ocean View
  • Fitness Center
  • Ocean City Elementary School Rated A
  • Sandy Beach
  • Community Indoor Pool

About This Home

As of March 2022

Beautiful Oceanfront Living! This 2nd floor 1 bedroom 1.5 bath condo is fully furnished. Open living/kitchen area offers great natural lighting, breakfast bar, updated stainless steel appliances, quartz countertops, and access to a private balcony with breathtaking ocean views. Other features include LVP flooring throughout and a stackable washer and dryer. Hall bath comes with shower/tub combo with tile surround. Marigot Beach has great amenities such as an indoor pool, fitness center, and game room, as well as access to pool and fitness at the Clarion next door. With only a short walk to the beach, and minutes from everything Ocean City has to offer! Schedule your tour today!

Last Agent to Sell the Property

Bethany Drew

Hileman Real Estate-Berlin License #RS0015490 Listed on: 12/10/2021

Last Buyer's Agent

Heather Carrow

Crown Homes Real Estate License #5004282

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,828

Year Built

  • Built in 1984

Lot Details

  • 300 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • Property is in good condition

HOA Fees

  • $422 Monthly HOA Fees

Home Design

  • Masonry

Interior Spaces

  • 720 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Bar
  • Sliding Doors
  • Combination Kitchen and Living
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Soaking Tub

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Parking

  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Water Access
  • Property is near an ocean

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 205
  • Assessor Parcel Number 2410268664

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, pool(s), snow removal, reserve funds, management
  • High-Rise Condominium
  • Lpb Condo Management Condos, Phone Number (410) 524-3535
  • Marigot Beach Community
  • Property Manager

Amenities

  • Game Room
  • Elevator

Recreation

  • Fitness Center
  • Community Indoor Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,828

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: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-12-10
  • Federal Flood Zone: No
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful Oceanfront Living! This 2nd floor 1 bedroom 1.5 bath condo is fully furnished. Open living/kitchen area offers great natural lighting, breakfast bar, updated stainless steel appliances, quartz countertops, and access to a private balcony with breathtaking ocean views. Other features include LVP flooring throughout and a stackable washer and dryer. Hall bath comes with shower/tub combo with tile surround. Marigot Beach has great amenities such as an indoor pool, fitness center, and game room, as well as access to pool and fitness at the Clarion next door. With only a short walk to the beach, and minutes from everything Ocean City has to offer! Schedule your tour today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Freezer, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Stainless Steel Appliances
  • Entry Floor: 2
  • Flooring Type: Luxury Vinyl Plank, Vinyl
  • Interior Amenities: Bar, Breakfast Area, Flat, Soaking Tub, Elevator, Combination Kitchen/Living, Upgraded Countertops
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • 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
  • Exterior Features: Fire Escape
  • Spa: No
  • View: Ocean
  • Water Access Features: Public Beach
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 300

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • 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
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1265.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: LPB Condo Management
  • Condo Co-Op Phone: 410-524-3535
  • HOA Condo Co-Op Amenities: Pool - Indoor, Exercise Room, Elevator, Game Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pool(s), Snow Removal, Reserve Funds, Management
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Indoor

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R-2
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5419801
  • Tax Annual Amount: 2828.00
  • Assessor Parcel Number: 2410268664
  • Tax Lot: 205
  • Tax Total Finished Sq Ft: 720
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/11/2022

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
Dec 10, 2021
Closed on
Mar 11, 2022
Sold by
Ligon Family Trust
Bought by
Tokar Investments Llc
Seller's Agent
Bethany Drew
Hileman Real Estate-Berlin
Buyer's Agent
Heather Carrow
Crown Homes Real Estate
List Price
$395,500
Sold Price
$366,000
Premium/Discount to List
-$29,500
-7.46%
Current Estimated Value
$388,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,233
Avg. Annual Appreciation
1.55%

Purchase Details

Listed on
Apr 4, 2021
Closed on
Apr 28, 2021
Sold by
Miller Wayne W and Miller Miriam J
Bought by
The Ligon Family Trust
Seller's Agent
Phil Gerdes
Real Broker, LLC - Annapolis
Buyer's Agent
Bethany Drew
Hileman Real Estate-Berlin
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.31%

Purchase Details

Closed on
Mar 10, 2004
Sold by
Teti Brian P
Bought by
Miller Wayne W and Miller Miriam J

Purchase Details

Closed on
Mar 19, 2002
Sold by
James Michael J
Bought by
Teti Brian P

Purchase Details

Closed on
Jan 16, 2001
Sold by
Kubeck George J
Bought by
James Michael J and James Inglesby
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
Tokar Investments Llc $366,000 Maryland Title
The Ligon Family Trust $305,000 Maryland Title Service
Miller Wayne W $293,500 --
Teti Brian P $197,000 --
James Michael J $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Teti Brian P --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $366,000 -2.4% $508 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/06/2022 01/06/22 Price Changed $375,000 -5.2% $521 / Sq Ft
12/10/2021 12/10/21 For Sale $395,500 +29.7% $549 / Sq Ft
04/29/2021 04/29/21 Sold $305,000 +1.7% $424 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/04/2021 04/04/21 For Sale $299,900 -- $417 / 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 $2,685 $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 $2,835 $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

  • Bethany Drew

    Seller's Agent in 2022

    Bethany Drew

    Hileman Real Estate-Berlin

    (410) 430-2602

    130 in this area

    476 Total Sales

    Section Image
  • Heather Carrow

    Buyer's Agent in 2022

    Heather Carrow

    Crown Homes Real Estate

    (443) 553-9611

    4 in this area

    41 Total Sales

    Section Image
  • Phil Gerdes

    Seller's Agent in 2021

    Phil Gerdes

    Real Broker, LLC - Annapolis

    (443) 694-7366

    4 in this area

    633 Total Sales

    Section Image
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About Marigot Beach Condominiums

Map

Source: Bright MLS

MLS Number: MDWO2004024

Bright MLS

APN: 10-268664

Maryland Worcester County Ocean City 21842

10002 Coastal Hwy Unit 205, Ocean City, MD

This home is located at 10002 Coastal Hwy Unit 205, Ocean City, MD 21842 since 10 December 2021 and is currently estimated at $380,362, approximately $528 per square foot. This property was built in 1984. 10002 Coastal Hwy Unit 205 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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