Marigot Beach Condominiums 10002 Coastal Hwy Unit 406 Ocean City, MD 21842
1
Bed
1.5
Baths
720
Sq Ft
$401/mo
HOA Fee
Highlights
- Ocean View
- Home fronts navigable water
- Indoor Pool
- Ocean City Elementary School Rated A
- Water Access
- Furnished
About This Home
As of November 2023Direct Oceanfront 1BD&1.5BA condo located on the 4th floor of the popluar Marigot Beach Condominiums. Large Oceanfront balcony to enjoy the gorgeous Atlantic Ocean & sunrise views! Great views North and South of the ocean & coastline. Building features and indoor pool, elevators, sun lounge deck, private parking and close to many uptown dining and family attractions. Owner has in a VRBO rental program. Buyer must honor existing rentals for 2017. Financing may need to go thru Local Bank, due to more than 50% ownership in building by 1 person.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,506
Year Built
- Built in 1984
Lot Details
- Home fronts navigable water
- East Facing Home
- Cleared Lot
HOA Fees
- $401 Monthly HOA Fees
Home Design
- Pillar, Post or Pier Foundation
- Frame Construction
- Built-Up Roof
- Stick Built Home
Interior Spaces
- 720 Sq Ft Home
- Furnished
- Insulated Windows
- Window Treatments
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
Home Security
Parking
- 1 Parking Garage Space
- Off-Street Parking
Pool
- Indoor Pool
- Outdoor Shower
Outdoor Features
- Water Access
- Property is near an ocean
- Balcony
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 406
- Assessor Parcel Number 268931
Community Details
Overview
- 2 Elevators
- Marigot Beach Community
Recreation
- Community Indoor Pool
Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 20, 2023
Sold by
Fisher Larry D and Fisher Leasa K
Bought by
Ewing Karen M and Ewing Dale F
Purchase Details
Listed on
Jun 12, 2017
Closed on
Aug 31, 2017
Sold by
Yancey Raymond A and Mary Moore Revocable Trust
Bought by
Fisher Larry D and Fisher Leasa K
Seller's Agent
JAY PIERORAZIO
Coastal Life Realty Group LLC
Buyer's Agent
Nicholas Bobenko
Coastal Life Realty Group LLC
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Purchase Details
Closed on
Mar 20, 2003
Sold by
Moore Mary Y
Bought by
Moore Mary Y
Purchase Details
Closed on
Aug 25, 1986
Sold by
Marino Vincent J and Marino Louise M
Bought by
Moore Mary Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
10.04%
Purchase Details
Closed on
Jan 18, 1985
Sold by
Marigot Beach Limited Partnership
Bought by
Marino Vincent J and Marino Louise M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
13.12%
Similar Homes in Ocean City, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $375,000 | None Listed On Document | |
| Deed | $190,000 | Real Estate Title & Escrow | |
| Deed | -- | -- | |
| Deed | $117,000 | -- | |
| Deed | $89,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $77,000 | No Value Available | |
| Previous Owner | $80,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | Price Changed | $385,000 | -3.8% | $535 / Sq Ft |
| 04/03/2025 04/03/25 | For Sale | $400,000 | +6.7% | $556 / Sq Ft |
| 12/19/2023 12/19/23 | For Sale | $375,000 | 0.0% | $521 / Sq Ft |
| 11/19/2023 11/19/23 | Sold | $375,000 | +97.4% | $521 / Sq Ft |
| 11/19/2023 11/19/23 | Pending | -- | -- | -- |
| 08/31/2017 08/31/17 | Sold | $190,000 | -5.0% | $264 / Sq Ft |
| 08/01/2017 08/01/17 | Pending | -- | -- | -- |
| 06/12/2017 06/12/17 | For Sale | $199,900 | -- | $278 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 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 | $2,746 | $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
-
Nicholas Bobenko
Seller's Agent in 2023
Nicholas Bobenko
Coastal Life Realty Group LLC
(443) 614-9179
165 in this area
200 Total Sales
-
JAY PIERORAZIO
Seller's Agent in 2017
JAY PIERORAZIO
Coastal Life Realty Group LLC
(443) 510-3383
61 in this area
80 Total Sales
About Marigot Beach Condominiums
Map
Source: Bright MLS
MLS Number: 1000516232
APN: 10-268931
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