NOT LISTED FOR SALE

Marigot Beach Condominiums 10002 Coastal Hwy Unit 401 Ocean City, MD 21842

Estimated Value: $658,000 - $801,000

3 Beds
2 Baths
1,241 Sq Ft
$733/mo HOA Fee

Last Sold July 08, 2022

Last sale price $742,500 $598 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,350/month

22 Days on Market

Highlights

  • 252 Feet of Waterfront
  • Ocean View
  • Beach
  • Ocean City Elementary School Rated A
  • Primary bedroom faces the ocean
  • Spa

About This Home

As of July 2022

Best location in Ocean City. Best views of ocean from master bedroom to living room to dining room. Largest windows in OC on side, front and back. Recent renovation's includes master bath, guest bath and kitchen all with granite counter tops. Ceramic tile in living, dining, kitchen, bath and hallway. .Brand new porcelain floors in bedrooms. H ot water heater and stackable washer dryer in top condition. Fourth floor convenient for families. End of building location provides total privacy.

Last Agent to Sell the Property

Lawrence Lessin

Save 6, Incorporated License #33633 Listed on: 05/23/2022

Last Buyer's Agent

Anna Montgomery

Long & Foster Real Estate, Inc. License #667270

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,208

Year Built

  • Built in 1984

Lot Details

  • 252 Feet of Waterfront
  • Home fronts navigable water
  • Cleared Lot
  • Property is in very good condition

HOA Fees

  • $733 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Block Foundation
  • Asphalt Roof
  • Modular or Manufactured Materials
  • Masonry

Interior Spaces

  • 1,241 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

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

Laundry

  • Stacked Electric Washer and Dryer
  • ENERGY STAR Qualified Washer

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Outdoor Features

  • Spa
  • Water Access
  • Property is near an ocean
  • Multiple Balconies

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 401
  • Assessor Parcel Number 2410268885

Community Details

Overview

  • Association fees include all ground fee, cable TV, common area maintenance, insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), reserve funds, sewer, snow removal, trash, water
  • Building Winterized
  • High-Rise Condominium
  • Marigot Beach Community

Amenities

  • Common Area

Recreation

  • Beach
  • Community Indoor Pool
  • Community Spa

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,208

Year Built

Built in 1984

Lot Details

0

HOA Fees

$733 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, No Stairs
  • Ownership: Condominium
  • Inclusions: fully furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Best location in Ocean City. Best views of ocean from master bedroom to living room to dining room. Largest windows in OC on side, front and back. Recent renovation's includes master bath, guest bath and kitchen all with granite counter tops. Ceramic tile in living, dining, kitchen, bath and hallway. .Brand new porcelain floors in bedrooms. H ot water heater and stackable washer dryer in top condition. Fourth floor convenient for families. End of building location provides total privacy.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Dryer - Electric, Dryer - Front Loading, Energy Star Clothes Washer, Icemaker, Microwave, Oven - Single, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 4
  • Interior Amenities: Combination Dining/Living, Elevator, Floor Plan - Open, Kitchen - Galley, Primary Bath(s), Upgraded Countertops, Ceiling Fan(s), Primary Bedroom - Ocean Front
  • Door Features: Sliding Glass
  • Elevators Count: 2
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1241
  • Living Area Sq Ft: 1241
  • Price Per Sq Ft: 644.64
  • 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: Masonry, Concrete, Modular/Manufactured
  • Exterior Features: Hot Tub
  • Roof: Asphalt
  • View: Ocean, Water, Street
  • Water Access: Yes
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 252

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: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2200.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Common Grounds, Beach, Hot Tub, Pool - Indoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Cable Tv, Common Area Maintenance, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Indoor

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 Features: Cleared
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5419821
  • Tax Annual Amount: 5208.00
  • Assessor Parcel Number: 2410268885
  • Tax Lot: 401
  • Tax Total Finished Sq Ft: 1241
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/08/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jul 8, 2022
Sold by
Burke Paul B
Bought by
Walter Eugene Lyttle And Mary Karen Lyttle De
Seller's Agent
Lawrence Lessin
Save 6, Incorporated
Buyer's Agent
Anna Montgomery
Long & Foster Real Estate, Inc.
List Price
$799,999
Sold Price
$742,500
Premium/Discount to List
-$57,499
-7.19%
Current Estimated Value
$747,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,246
Avg. Annual Appreciation
0.34%

Purchase Details

Closed on
Jan 19, 2007
Sold by
Ocean Exchange Xxxii Llc
Bought by
Burke Paul B and Burke Edwidgee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2007
Sold by
Ocean Exchange Xxxii Llc
Bought by
Burke Paul B and Burke Edwidgee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2006
Sold by
Rohrbaugh Larry R and Rohrbaugh Alice S
Bought by
Ocean Exchange Xxxii Llc

Purchase Details

Closed on
Jul 25, 2006
Sold by
Rohrbaugh Larry R and Rohrbaugh Alice S
Bought by
Ocean Exchange Xxxii Llc

Purchase Details

Closed on
Nov 22, 1985
Sold by
Claridge Enterprises
Bought by
Rohrbaugh Larry R and Rohrbaugh Alice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,700
Interest Rate
11.64%
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
Walter Eugene Lyttle And Mary Karen Lyttle De $742,500 Shockley Raymond C
Burke Paul B $700,000 --
Burke Paul B $700,000 --
Ocean Exchange Xxxii Llc -- --
Ocean Exchange Xxxii Llc -- --
Rohrbaugh Larry R $187,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Edwidge $160,000
Previous Owner Burke Edwidge $160,000
Previous Owner Burke Paul B $417,000
Previous Owner Burke Paul B $417,000
Previous Owner Rohrbaugh Larry R $168,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $742,500 -7.2% $598 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $799,999 -- $645 / 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

  • Lawrence Lessin

    Seller's Agent in 2022

    Lawrence Lessin

    Save 6, Incorporated

    (301) 355-6104

    7 in this area

    677 Total Sales

    Section Image
  • Anna Montgomery

    Buyer's Agent in 2022

    Anna Montgomery

    Long & Foster

    (410) 913-7247

    43 in this area

    68 Total Sales

    Section Image
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About Marigot Beach Condominiums

Map

Source: Bright MLS

MLS Number: MDWO2008084

Bright MLS

APN: 10-268885

Maryland Worcester County Ocean City 21842

10002 Coastal Hwy Unit 401, Ocean City, MD

This home is located at 10002 Coastal Hwy Unit 401, Ocean City, MD 21842 since 23 May 2022 and is currently estimated at $747,746, approximately $602 per square foot. This property was built in 1984. 10002 Coastal Hwy Unit 401 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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