NOT LISTED FOR SALE
11 Beds
7 Baths
4,312 Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: June 30, 2017

Last sale price $799,900 $186 Per Sq Ft

4 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • No HOA
  • Ocean City Elementary School Rated A
  • Furnished
  • Balcony

About This Home

As of June 2017

ATTENTION INVESTORS! Apartment complex in downtown Ocean City just 1.5 blocks to the beach and boardwalk, and within walking distance to restaurants and the marina. This property includes a main house with 4 bedrooms and 3 baths(sleeps 20), updated kitchen, hardwood floors, private deck, and can be converted to 2 separate appts if desired. The back building offers 4 units(3 2-bedroom units and 1 studio), each with new window units and new heaters, an office with laundry hook up for coin operated machines, and a large attic for storage. This property also offers off-street parking for up to 6 vehicles. Grossing approx. $125,000+ in rental income, this property comes with a full book of business. Ask for the property features list and rental information.

Last Agent to Sell the Property

Rhonda Frick

(302) 539-9040 rhonda@rhondafrick.com Long & Foster Real Estate, Inc. Listed on: 05/02/2017

Long & Foster Real Estate, Inc.

Co-Listed By

Bethany Frick

(302) 539-9040 bethany@rhondafrick.com Long & Foster Real Estate, Inc. License #642678

Last Buyer's Agent

Spike Sands

(410) 208-3500 oceanpines@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS-0038938

Berkshire Hathaway HomeServices PenFed Realty - OP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Cleared Lot
  • Zoning described as C1

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 4,312 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Crawl Space
  • Storage In Attic
  • Home Security System

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Main Floor Bedroom
  • 7 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Porch

Location

  • Flood Risk

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Complex Is Fenced

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 81
  • Assessor Parcel Number 028183

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Mini Fridge in Office, Tools, Ladders, Personal Items
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Exhaust Fan(s),Window A/C Unit(s)
  • New Construction: No
  • Storage: Attic
  • Federal Flood Zone: Yes
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Gas, Icemaker, Refrigerator, Washer
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Crown Moldings, Window Treatments
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4312
  • Living Area Sq Ft: 4312
  • Price Per Sq Ft: 185.51
  • Above Grade Finished Sq Ft: 4312
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 11
  • Total Bathrooms: 7
  • Full Bathrooms: 7

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.12
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es)
  • Zoning Description: C1
  • In City Limits: Yes

Building Info

  • Building Features: Fencing

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 125000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5399444
  • Assessor Parcel Number: 028183
  • Tax Lot: 81
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2023
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2018
Sold by
Bought by

Purchase Details

Listed on
May 2, 2017
Closed on
Jun 30, 2017
Sold by
Bought by
Seller's Agent
Rhonda Frick
Long & Foster Real Estate, Inc.
Buyer's Agent
Spike Sands
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$799,900
Sold Price
$799,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,920
Interest Rate
0.0625%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,300,000 None Listed On Document
-- King Title Co Inc
$799,900 Brennan Title Co
$190,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $620,000
Previous Owner $639,920
Previous Owner $485,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $799,900 0.0% $186 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $799,900 -- $186 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,121 $887,667 $0 $0
2024 $10,281 $736,800 $450,000 $286,800
2023 $9,799 $697,267 $0 $0
2022 $9,244 $657,733 $0 $0
2021 $8,736 $618,200 $350,000 $268,200
2020 $8,448 $597,900 $0 $0
2019 $8,217 $577,600 $0 $0
2018 $7,869 $557,300 $300,000 $257,300
2017 $5,819 $557,300 $0 $0
2016 -- $557,300 $0 $0
2015 -- $641,100 $0 $0
2014 $6,625 $641,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000877360

Bright MLS

APN: 10-028183

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