$509,900
SOLD FEB 10, 2025

The Quay 10700 Coastal Hwy Unit 2105 Ocean City, MD 21842

2 Beds
2 Baths
1,131 Sq Ft
$463/mo HOA Fee

Recently Sold

$451 Per Sq Ft

4% Below List Price

45 Days on Market

Highlights

  • 250 Feet of Waterfront
  • Ocean View
  • Fitness Center
  • Ocean City Elementary School Rated A
  • Access to Tidal Water
  • 24-Hour Security

About This Home

As of February 2025

PRICE REDUCTION! LOCATION, LOCATION! CLOSEST UNIT TO THE OCEANFRONT ON THE NORTHSIDE OF THE BUILDING! The Panoramic views go on forever! This is the 1st unit back from the Oceanfront with fabulous Ocean Views and Bay Views! You just must visit this exciting property to truly appreciate the views! Beautiful sunrises and sunsets! This 2BR 2BA unit features an open floor plan with windows everywhere making the unit bright and inviting. The kitchen, with counter seating, flows naturally into the dining and living areas making this area perfect for entertaining or family gatherings. The Quay is truly a vacation resort with amenities that include an indoor pool, heated outdoor pool, outdoor tennis courts, game room, party room, and fitness center. You can relax and enjoy the oceanfront deck and pool or walk directly out to the beautiful Ocean City Beach! There is year-round security and extra parking for guests! This new price will allow you to make this property your own! If you are looking for fabulous views and a real resort experience this is a "Must See Property"

Last Agent to Sell the Property

Katy Durham

(410) 726-2398 kdurham@cbmove.com Coldwell Banker Realty Listed on: 11/01/2024

Coldwell Banker Realty

Last Buyer's Agent

Grant Warner

(443) 844-7348 grant4homes@gmail.com RE/MAX Leading Edge

RE/MAX Leading Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,305

Year Built

  • Built in 1977

Lot Details

  • 250 Feet of Waterfront
  • Ocean Front
  • Property is in excellent condition

HOA Fees

  • $463 Monthly HOA Fees

Property Views

Home Design

  • Contemporary Architecture
  • Entry on the 21st floor
  • Built-Up Roof
  • Piling Construction
  • Dryvit Stucco
  • Masonry

Interior Spaces

  • 1,131 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Carpet
  • Surveillance System

Kitchen

  • Gourmet Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Water Access
  • Property is near an ocean

Location

  • Flood Risk

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2105
  • Assessor Parcel Number 2410122058

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, reserve funds, water, cable TV, custodial services maintenance, high speed internet, pool(s)
  • High-Rise Condominium
  • Quay Condominium Association Condos
  • Quay Community

Amenities

  • Game Room
  • Meeting Room
  • Party Room
  • Elevator
  • Convenience Store

Recreation

  • Community Basketball Court
  • Dog Park

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,305

Year Built

Built in 1977

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-11-02
  • Federal Flood Zone: Yes
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator, Stove, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 21
  • Interior Amenities: Bathroom - Tub Shower, Carpet, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet
  • Fireplace: No
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1131
  • Living Area Sq Ft: 1131
  • Price Per Sq Ft: 442.00
  • Above Grade Finished Sq Ft: 1131
  • 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: Concrete, Dryvit, Masonry
  • Exterior Features: Outside Shower, Tennis Court(s)
  • Roof: Built-Up
  • Spa: No
  • View: Ocean, Bay, City
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 250

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Smoke Detector, Sprinkler System - Indoor, Surveillance Sys, 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1389.54
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Quay Condominium Association
  • HOA Condo Co-Op Amenities: Elevator, Meeting Room, Basketball Courts, Cable, Convenience Store, Dog Park, Exercise Room, Fitness Center, Game Room, Party Room, Pool - Indoor, Pool - Outdoor, Security, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Reserve Funds, Water, Cable Tv, Custodial Services Maintenance, High Speed Internet, Pool(s)
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Concrete, Indoor

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

  • Horses: No
  • Additional Parcels: No
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 4305.00
  • Assessor Parcel Number: 2410122058
  • Tax Lot: 2105
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Feb 10, 2025
Sold by
Herbst William C and Herbst Judith C
Bought by
Harris Jonathan B
Seller's Agent
Katy Durham
Coldwell Banker Realty
Buyer's Agent
Grant Warner
RE/MAX Leading Edge
List Price
$529,000
Sold Price
$509,900
Premium/Discount to List
-$19,100
-3.61%
Views
72
Current Estimated Value
$505,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,804
Avg. Annual Appreciation
-1.15%
Original Mortgage
$509,900
Outstanding Balance
$506,858
Interest Rate
6.89%
Mortgage Type
VA
Estimated Equity
-$1,762

Purchase Details

Closed on
Apr 13, 1999
Sold by
Atas Marc Jay and Atas Sarah Frances
Bought by
Herbst William C Jr and Herbst William C Jr Judith C

Purchase Details

Closed on
Aug 27, 1991
Sold by
Peltzer Edward T and Peltzer Colleen S
Bought by
Atas Marc Jay & Sarah Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
9.17%

Purchase Details

Closed on
Jan 26, 1988
Sold by
Daniele Michael and Daniele Marjorie K
Bought by
Peltzer Edward T and Peltzer Colleen S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $509,900 Universal Title
Deed $509,900 Universal Title
Deed $115,000 --
Deed $113,500 --
Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $509,900 VA
Closed $509,900 VA
Previous Owner $83,500 No Value Available
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Sold $509,900 +2.0% $451 / Sq Ft
12/06/2024 12/06/24 Price Changed $499,900 -5.5% $442 / Sq Ft
11/01/2024 11/01/24 For Sale $529,000 -- $468 / 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 $4,292 $368,633 $0 $0
2024 $4,292 $307,567 $0 $0
2023 $3,475 $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 $3,259 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2026554

Bright MLS

APN: 10-122058