NOT LISTED FOR SALE

The Quay 10700 Coastal Hwy Unit 2006 Ocean City, MD 21842

Estimated Value: $489,188 - $517,000

2 Beds
2 Baths
1,131 Sq Ft
$406/mo HOA Fee

Last Sold August 21, 2020

Last sale price $290,000 $256 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,485/month

Highlights

  • Ocean View
  • Primary bedroom faces the bay
  • Home fronts navigable water
  • Ocean City Elementary School Rated A
  • Beach
  • Public Water Access

About This Home

As of August 2020

Enjoy true resort living at the Quay! Pristine 2 bedroom 2 full bath oceanfront home in an amenity-rich building featuring both indoor and beachfront outdoor pool, tennis courts, fitness center, 24-hour security, shopping, fitness center, sauna and tennis. Ideally located above the lights and conversation to ensure privacy while affording panoramic ocean and bay views. Enjoy coastal living year-round, so make this your next beach getaway or investment property.

Last Agent to Sell the Property

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091 Listed on: 07/06/2020

Compass

Co-Listed By

Sherry Thens

(302) 500-1809 sherry@theoldfathergroup.com Coldwell Banker Realty License #657202

Last Buyer's Agent

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091 Listed on: 07/06/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 1977

Lot Details

  • Home fronts navigable water
  • Public Beach

HOA Fees

  • $406 Monthly HOA Fees

Property Views

Home Design

  • Coastal Architecture
  • Entry on the 20th floor

Interior Spaces

  • 1,131 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the bay
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • Parking Lot
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Balcony

Utilities

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

Listing and Financial Details

  • Tax Lot 2006
  • Assessor Parcel Number 10-118883

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, health club, insurance, management, pool(s), sauna
  • High-Rise Condominium
  • Quay Community

Amenities

  • Picnic Area
  • Common Area
  • Game Room
  • Meeting Room
  • Convenience Store
  • Community Storage Space
  • Elevator

Recreation

  • Beach
  • Community Basketball Court

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,330

Year Built

Built in 1977

Lot Details

0

HOA Fees

$406 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Coastal
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Personal Items
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-07-06
  • Federal Flood Zone: No
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Remarks Public: Enjoy true resort living at the Quay! Pristine 2 bedroom 2 full bath oceanfront home in an amenity-rich building featuring both indoor and beachfront outdoor pool, tennis courts, fitness center, 24-hour security, shopping, fitness center, sauna and tennis. Ideally located above the lights and conversation to ensure privacy while affording panoramic ocean and bay views. Enjoy coastal living year-round, so make this your next beach getaway or investment property.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater, Dryer, Washer
  • Entry Floor: 20
  • Interior Amenities: Breakfast Area, Carpet, Entry Level Bedroom, Elevator, Stall Shower, Primary Bedroom - Bay Front, Tub Shower, Ceiling Fan(s), Recessed Lighting
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1131
  • Living Area Sq Ft: 1131
  • Price Per Sq Ft: 265.16
  • Above Grade Finished Sq Ft: 1131
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10700

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
  • Exterior Features: Tennis Court(s)
  • View: Bay, Ocean
  • Water Access Features: Public Beach, Public Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 406.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Common Grounds, Convenience Store, Elevator, Exercise Room, Extra Storage, Fitness Center, Game Room, Meeting Room, Picnic Area, Pool - Indoor, Pool - Outdoor, Sauna, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Health Club, Insurance, Management, Pool(s), Sauna
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Indoor, In Ground, Heated, Fenced

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
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5406938
  • Tax Annual Amount: 3330.00
  • Assessor Parcel Number: 10-118883
  • Tax Lot: 2006
  • Tax Total Finished Sq Ft: 1131
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/21/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 21, 2020
Sold by
Moore Timothy C and Moore Beverly S
Bought by
Kingsley Peter T and Kingsley Kimberly A
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Dustin Oldfather
Compass
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Current Estimated Value
$507,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,047
Avg. Annual Appreciation
11.39%
Original Mortgage
$215,000
Outstanding Balance
$190,720
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$316,327

Purchase Details

Closed on
Jun 4, 2015
Sold by
Fannie Mae
Bought by
Moore Timothy C and Moore Beverly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2015
Sold by
Glorioso Gregory and Glorioso Anna M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 15, 2007
Sold by
Gregory Glorioso
Bought by
Gregory Glorioso and Glorioso Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,500
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2007
Sold by
Gregory Glorioso
Bought by
Gregory Glorioso and Glorioso Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,500
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2006
Sold by
Stern Howard L
Bought by
Gregory Glorioso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2006
Sold by
Stern Howard L
Bought by
Gregory Glorioso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2002
Sold by
Stern Howard L
Bought by
Stern Howard L and Sandra M Stern Trustees

Purchase Details

Closed on
Oct 22, 2001
Sold by
Stern Howard L and Stern Sandra M
Bought by
Stern Howard L and Trustees
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
Kingsley Peter T $290,000 Capitol Title Group
Moore Timothy C $234,500 None Available
Federal National Mortgage Association -- None Available
Gregory Glorioso -- --
Gregory Glorioso -- --
Gregory Glorioso $445,000 --
Gregory Glorioso $445,000 --
Stern Howard L -- --
Stern Howard L -- --
Stern Howard L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingsley Peter T $215,000
Previous Owner Moore Timothy C $187,200
Previous Owner Gregory Glorioso $365,500
Previous Owner Gregory Glorioso $365,500
Previous Owner Gregory Glorioso $89,000
Previous Owner Gregory Glorioso $89,000
Closed Stern Howard L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $290,000 -3.3% $256 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $299,900 -- $265 / 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 $5,034 $368,633 $0 $0
2024 $4,292 $307,567 $0 $0
2023 $3,464 $246,500 $172,500 $74,000
2022 $3,406 $242,367 $0 $0
2021 $3,366 $238,233 $0 $0
2020 $3,308 $234,100 $163,800 $70,300
2019 $3,314 $232,967 $0 $0
2018 $3,265 $231,833 $0 $0
2017 $3,275 $230,700 $0 $0
2016 -- $230,700 $0 $0
2015 $3,868 $230,700 $0 $0
2014 $3,868 $243,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dustin Oldfather

    Seller's Agent in 2020

    Dustin Oldfather

    Compass

    (302) 249-5899

    109 in this area

    1,489 Total Sales

    Dustin Oldfather
    Section Image
  • Sherry Thens

    Seller Co-Listing Agent in 2020

    Sherry Thens

    Coldwell Banker Realty

    (302) 500-1809

    53 in this area

    111 Total Sales

    Sherry Thens
    Section Image
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About The Quay

Map

Source: Bright MLS

MLS Number: MDWO114738

Bright MLS

APN: 10-118883

Maryland Worcester County Ocean City 21842

10700 Coastal Hwy Unit 2006, Ocean City, MD

This home is located at 10700 Coastal Hwy Unit 2006, Ocean City, MD 21842 since 06 July 2020 and is currently estimated at $507,047, approximately $448 per square foot. This property was built in 1977. 10700 Coastal Hwy Unit 2006 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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