NOT LISTED FOR SALE

Atlantis 10300 Coastal Hwy Unit 1005 Ocean City, MD 21842

Estimated Value: $424,955 - $474,000

2 Beds
2 Baths
944 Sq Ft
$411/mo HOA Fee

Last Sold March 12, 2021

Last sale price $365,000 $387 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,279/month

Highlights

  • Community Pool
  • 90% Forced Air Heating and Cooling System
  • High-Rise Condominium
  • Ocean City Elementary School Rated A

About This Home

As of March 2021

Looking for a Ocean Front Beach Retreat?? Look no further! The Atlantis has it all... Just what you have been waiting for! Enjoy the large OPEN balcony with hurricane shutters, that allows you to relax and enjoy the sweet salty air, while gazing at the Ocean! So let the breeze sooth you! But wait, It gets better! This ocean front GEM is ready for you to enjoy. High END finishes through out! The kitchen is complemented with GRANITE countertops, Stainless Steel Appliances, Gorgeous Cabinets, so relax and dine! Two Bedroom and Two Full Bathroom condominium is immaculate, and shows pride of ownership! Sizable bedrooms, spacious open floor plan, so you can just relax and enjoy the beach. Custom updates in both bathrooms, bathroom shower has been extended for convenience. The BEACH view is phenomenal! This one has it all. When it is time to enjoy the outdoors, The Atlantis has a large well maintained outdoor community pool, outdoor showers, and a path to the Beach! Grab a snack at the snack shack, then head to the beach! This building is pet friendly for the owners, with a designated pet area. There is year-round maintenance and security for the Atlantis. This building is well cared for, and the staff is very dedicated and devoted to the building maintenance and it shows. Parking is permit only. Don't wait, this unit is a must see. Great Rental Potential for this building, or just keep it for yourself! Start living your Coastal Dream, right here! Relax, and enjoy the View!

Last Agent to Sell the Property

Karen Oass

Long & Foster Real Estate, Inc. License #504976 Listed on: 01/23/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Dave Whittington

Coastal Life Realty Group LLC License #520693

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,067

Year Built

  • Built in 1975

HOA Fees

  • $411 Monthly HOA Fees

Interior Spaces

  • 944 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Rented or Permit Required

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot 1005
  • Assessor Parcel Number 10-121906

Community Details

Overview

  • High-Rise Condominium
  • Atlantis Community

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,067

Year Built

Built in 1975

Lot Details

0

HOA Fees

$411 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
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-02-07
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Remarks Public: Looking for a Ocean Front Beach Retreat?? Look no further! The Atlantis has it all... Just what you have been waiting for! Enjoy the large OPEN balcony with hurricane shutters, that allows you to relax and enjoy the sweet salty air, while gazing at the Ocean! So let the breeze sooth you! But wait, It gets better! This ocean front GEM is ready for you to enjoy. High END finishes through out! The kitchen is complemented with GRANITE countertops, Stainless Steel Appliances, Gorgeous Cabinets, so relax and dine! Two Bedroom and Two Full Bathroom condominium is immaculate, and shows pride of ownership! Sizable bedrooms, spacious open floor plan, so you can just relax and enjoy the beach. Custom updates in both bathrooms, bathroom shower has been extended for convenience. The BEACH view is phenomenal! This one has it all. When it is time to enjoy the outdoors, The Atlantis has a large well maintained outdoor community pool, outdoor showers, and a path to the Beach! Grab a snack at the snack shack, then head to the beach! This building is pet friendly for the owners, with a designated pet area. There is year-round maintenance and security for the Atlantis. This building is well cared for, and the staff is very dedicated and devoted to the building maintenance and it shows. Parking is permit only. Don't wait, this unit is a must see. Great Rental Potential for this building, or just keep it for yourself! Start living your Coastal Dream, right here! Relax, and enjoy the View!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 10
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 944
  • Living Area Sq Ft: 944
  • Price Per Sq Ft: 386.65
  • Above Grade Finished Sq Ft: 944
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10300

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 410.60
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

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: 012
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5407213
  • Tax Annual Amount: 3067.00
  • Assessor Parcel Number: 10-121906
  • Tax Lot: 1005
  • Tax Total Finished Sq Ft: 944
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/12/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2021
Closed on
Mar 11, 2021
Sold by
Bahan Jason D and Bahan Erica J
Bought by
Pothakamury Uday K and Chitikila Carmelata
Seller's Agent
Karen Oass
Long & Foster Real Estate, Inc.
Buyer's Agent
Dave Whittington
Coastal Life Realty Group LLC
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$467,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,269
Avg. Annual Appreciation
5.15%
Original Mortgage
$145,000
Outstanding Balance
$130,635
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$324,854

Purchase Details

Closed on
Jun 18, 2009
Sold by
Karras Thomas J
Bought by
Bahan Jason D and Bahan Rica
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
Pothakamury Uday K $365,000 Dba Real Estate T&E
Bahan Jason D $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pothakamury Uday K $145,000
Closed Pothakamury Uday K $145,000
Previous Owner Karras Thomas J $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $365,000 0.0% $387 / Sq Ft
01/23/2021 01/23/21 For Sale $365,000 -- $387 / 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 $3,706 $312,133 $0 $0
2024 $3,706 $265,567 $0 $0
2023 $3,087 $219,000 $153,300 $65,700
2022 $3,069 $218,367 $0 $0
2021 $3,077 $217,733 $0 $0
2020 $3,067 $217,100 $151,900 $65,200
2019 $3,088 $217,100 $151,900 $65,200
2018 $3,058 $217,100 $151,900 $65,200
2017 $3,082 $217,100 $0 $0
2016 $3,940 $217,100 $0 $0
2015 $3,940 $217,100 $0 $0
2014 $3,940 $235,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO119558

Bright MLS

APN: 10-121906