NOT LISTED FOR SALE

104 85th St Unit 403 Ocean City, MD 21842

Estimated Value: $451,244 - $509,000

2 Beds
2 Baths
1,076 Sq Ft
$525/mo HOA Fee

Last Sold July 26, 2024

Last sale price $465,000 $432 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,420/month

55 Days on Market

Highlights

  • Ocean View
  • Pier or Dock
  • Bayside
  • Ocean City Elementary School Rated A
  • No Units Above
  • Deck

About This Home

As of July 2024

Welcome to your dream condo in Ocean City, Maryland! This stunning 2-bedroom, 2-bathroom residence boasts both bay and ocean views, making it the perfect coastal retreat. Enjoy the breathtaking scenery from your large private balcony, a perfect spot for morning coffee or evening relaxation. Step inside to discover a beautifully updated interior with new LVT flooring and an open floor plan that seamlessly connects the living, dining, and kitchen areas. The living room features a cozy fireplace, perfect for cooler evenings. The primary bathroom includes a luxurious soaking jetted tub, offering a spa-like experience. This condo has never been rented, ensuring it has been meticulously maintained. The building offers secure elevators for your peace of mind and a rooftop pool with spectacular bay views. Additionally, you can take advantage of the community's bayfront pier for fishing, crabbing, kayaking, and paddle boarding. Conveniently located near popular restaurants, shopping, and entertainment. This condo is just two short blocks from the beach, providing easy access to all that Ocean City has to offer. Don't miss the opportunity to own this incredible property in a prime location! Projected estimated gross rental income is $24k-$29k per Central Reservations.

Last Agent to Sell the Property

Amanda Sweigert

(717) 669-2423 asweigert@homesale.com Keller Williams Realty Delmarva Listed on: 05/15/2024

Keller Williams Realty Delmarva

Last Buyer's Agent

Kimberly Heaney

(443) 386-3177 kimberly.heaney@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #641088

Berkshire Hathaway HomeServices PenFed Realty-WOC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,640

Year Built

  • Built in 2003

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Property is in excellent condition

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

  • Ocean
  • Bay

Home Design

  • Entry on the 4th floor
  • Flat Roof Shape
  • Stick Built Home
  • Masonry
  • Stucco

Interior Spaces

  • 1,076 Sq Ft Home
  • Property has 4 Levels
  • Partially Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Sliding Windows
  • Sliding Doors
  • Insulated Doors
  • Combination Kitchen and Living
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Exterior Lighting

Location

  • Bayside

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 403
  • Assessor Parcel Number 2410410754

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, pool(s)
  • Low-Rise Condominium
  • Legum & Norman Condos
  • Captiva Bay Community
  • Property Manager

Amenities

  • Common Area
  • Elevator

Recreation

  • Pier or Dock
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,640

Year Built

Built in 2003

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: See Exclusions List
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Water Heater, Refrigerator, Stove, Oven/Range - Electric, Microwave, Dryer, Washer, Dishwasher, Disposal
  • Entry Floor: 4
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Window Treatments, Whirlpool/Hottub, Bathroom - Tub Shower, Bathroom - Stall Shower
  • Window Features: Sliding
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls, No One Above
  • Door Features: Sliding Glass, Insulated
  • Levels Count: 4
  • Basement: No
  • Laundry Type: Has Laundry, Hookup
  • Total Sq Ft: 1076
  • Living Area Sq Ft: 1076
  • Price Per Sq Ft: 432.16
  • Above Grade Finished Sq Ft: 1076
  • Above Grade Finished Area Units: Square Feet

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: Masonry, Stick Built, Stucco
  • Exterior Features: Outside Shower, Exterior Lighting
  • Roof: Flat
  • Spa: No
  • View: Bay, Water, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available
  • Water Source: Public
  • Internet Services: Other

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 525.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Legum & Norman
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Pier/Dock, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Pool(s)
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Concrete

Schools

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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Deck(s), Roof
  • Property Condition: Excellent
  • Zoning: LC-1
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3640.00
  • Assessor Parcel Number: 2410410754
  • Tax Lot: 403
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 26, 2024
Sold by
Perry Michael
Bought by
Graves Bonnie Marguerite and Hartman Robert Olin
Seller's Agent
Amanda Sweigert
Keller Williams Realty Delmarva
Buyer's Agent
Kimberly Heaney
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Views
127
Current Estimated Value
$482,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,061
Avg. Annual Appreciation
2.67%

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jun 18, 2018
Sold by
Beaupre David P and Beaupre Maureen W
Bought by
Perry Michael
Seller's Agent
Dave Whittington
Coastal Life Realty Group LLC
Buyer's Agent
Suzanah Cain
Coldwell Banker Residential Brokerage
List Price
$300,000
Sold Price
$298,970
Premium/Discount to List
-$1,030
-0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$269,073
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2005
Sold by
Iott Keith C
Bought by
Beaupre David P and Beaupre Maureen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2003
Sold by
Captiva Bay Llc
Bought by
Iott Keith C and Iott Patricia A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Graves Bonnie Marguerite $465,000 Capitol Title
Graves Bonnie Marguerite $465,000 Capitol Title
Perry Michael $298,970 Title Resources Guaranty Co
Beaupre David P $405,000 --
Iott Keith C $189,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perry Michael $269,073
Previous Owner Beaupre David P $324,000
Previous Owner Beaupre David P $40,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 Sold $465,000 -1.1% $432 / Sq Ft
06/13/2024 06/13/24 Price Changed $469,999 -1.1% $437 / Sq Ft
05/15/2024 05/15/24 For Sale $475,000 +58.9% $441 / Sq Ft
06/18/2018 06/18/18 Sold $298,970 -0.3% $278 / Sq Ft View Prior Sale
05/07/2018 05/07/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $300,000 -- $279 / 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 $4,310 $315,600 $0 $0
2024 $4,003 $286,900 $0 $0
2023 $3,640 $258,200 $129,100 $129,100
2022 $3,553 $252,833 $0 $0
2021 $3,497 $247,467 $0 $0
2020 $3,421 $242,100 $121,000 $121,100
2019 $3,337 $234,567 $0 $0
2018 $3,198 $227,033 $0 $0
2017 $3,116 $219,500 $0 $0
2016 -- $219,500 $0 $0
2015 $3,732 $219,500 $0 $0
2014 $3,732 $231,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2020930

Bright MLS

APN: 10-410754