NOT LISTED FOR SALE

Marigot Beach Condominiums 10002 Coastal Hwy Unit 601 Ocean City, MD 21842

Estimated Value: $635,000 - $752,000

3 Beds
2 Baths
1,241 Sq Ft
$773/mo HOA Fee

Last Sold April 02, 2018

Last sale price $568,000 $458 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,078/month

17 Days on Market

Highlights

  • Ocean View
  • Primary bedroom faces the ocean
  • Water Access
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Indoor Pool

About This Home

As of April 2018

Highly sought after South end 6th Floor, direct Oceanfront end unit. Very nice condition. Updated flooring and cabinets.Oceanfront and Bayfront balconies. Never rented. On Sentry lock lockbox.Call listing agent to show.

Last Agent to Sell the Property

James Motsko

Coldwell Banker Realty Listed on: 03/12/2018

Coldwell Banker Realty

Last Buyer's Agent

Carol Sue Crimmins

Carefree Real Estate License #RB-0003393

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,188

Year Built

  • Built in 1984

Lot Details

  • Home fronts navigable water
  • East Facing Home
  • Cleared Lot

HOA Fees

  • $773 Monthly HOA Fees

Property Views

Home Design

  • Built-Up Roof
  • Piling Construction
  • Stick Built Home
  • Masonry

Interior Spaces

  • 1,241 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Living Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Parking Lot
  • Assigned Parking

Pool

  • Indoor Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • 110 Volts
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 601
  • Assessor Parcel Number 269148

Community Details

Overview

  • High-Rise Condominium
  • Marigot Beach Community

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,188

Year Built

Built in 1984

Lot Details

0

HOA Fees

$773 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: 2+ Access Exits
  • Ownership: Condominium
  • Exclusions: personal items
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Remarks Public: Highly sought after South end 6th Floor, direct Oceanfront end unit. Very nice condition. Updated flooring and cabinets.Oceanfront and Bayfront balconies. Never rented. On Sentry lock lockbox.Call listing agent to show.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Icemaker, Washer
  • Interior Amenities: Upgraded Countertops, Primary Bedroom - Ocean Front, Entry Level Bedroom, Window Treatments
  • Window Features: Insulated, Screens
  • Foundation Details: Pilings
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1241
  • Living Area Sq Ft: 1241
  • Price Per Sq Ft: 474.62
  • 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
  • Construction Materials: Masonry, Concrete, Stick Built
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Pool Features: Indoor
  • Roof: Built-Up
  • View: Bay, Ocean, Water
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Water Frontage Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 110 Volts
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 116.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 9275.20
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Indoor, Pool - Outdoor
  • HOA: No
  • Association Recreation Fee: No
  • Community Pool Features: Indoor

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
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Outdoor Living Structures: Balcony, Porch(es)
  • Year Assessed: 2018
  • Zoning: R2
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5419845
  • Tax Annual Amount: 5188.00
  • Assessor Parcel Number: 269148
  • Tax Lot: 601
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 04/02/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Apr 20, 2018
Sold by
601 M Beach Llc
Bought by
Sullivan James Hamilton
Seller's Agent
James Motsko
Coldwell Banker Realty
Buyer's Agent
Carol Sue Crimmins
Carefree Real Estate
List Price
$589,000
Sold Price
$568,000
Premium/Discount to List
-$21,000
-3.57%
Current Estimated Value
$708,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,463
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Feb 12, 2002
Sold by
Smith Allen D and Smith Judith L
Bought by
601 M & Beach Llc

Purchase Details

Closed on
Jun 25, 1997
Sold by
Smith Allen D and Smith Judith L
Bought by
Smith Allen D and Smith Judith L
Source: Public Records

Range of Values:

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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
Sullivan James Hamilton $568,000 None Available
601 M & Beach Llc $420,000 --
Smith Allen D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 601 M Beach Llc $250,000
Closed 601 M & Beach Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2018 04/02/18 Sold $568,000 -3.6% $458 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $589,000 -- $475 / 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 $5,334 $555,533 $0 $0
2024 $5,334 $465,767 $0 $0
2023 $5,233 $376,000 $263,200 $112,800
2022 $5,198 $372,267 $0 $0
2021 $5,191 $368,533 $0 $0
2020 $5,154 $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

  • J

    Seller's Agent in 2018

    James Motsko

    Coldwell Banker Realty

    (410) 524-6111

    4 Total Sales

    Section Image
  • Carol Sue Crimmins

    Buyer's Agent in 2018

    Carol Sue Crimmins

    Carefree Real Estate

    (410) 726-2999

    14 in this area

    28 Total Sales

    Section Image
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About Marigot Beach Condominiums

Map

Source: Bright MLS

MLS Number: 1001556216

Bright MLS

APN: 10-269148

Maryland Worcester County Ocean City 21842

10002 Coastal Hwy Unit 601, Ocean City, MD

This home is located at 10002 Coastal Hwy Unit 601, Ocean City, MD 21842 since 12 March 2018 and is currently estimated at $708,463, approximately $570 per square foot. This property was built in 1984. 10002 Coastal Hwy Unit 601 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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