NOT LISTED FOR SALE

The Quay 10700 Coastal Hwy Unit 902 Ocean City, MD 21842

Estimated Value: $467,000 - $533,000

2 Beds
2 Baths
1,107 Sq Ft
$390/mo HOA Fee

Last Sold January 11, 2019

Last sale price $244,000 $220 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,270/month

Highlights

  • Ocean View
  • Home fronts navigable water
  • Fitness Center
  • Ocean City Elementary School Rated A
  • Access to Tidal Water
  • Open Floorplan

About This Home

As of January 2019

Lovely open floor plan in this 2bed/2bath condo with huge living room, dining room and fully equipped kitchen. Large balcony along living room with sunny southern exposure and views of ocean and bay. Conveys nicely furnished with many updates throughout. Great 9th floor location in Superior oceanfront building with tons of amenities including Heated Outdoor Pool, Year Round Indoor Pool, Oceanfront Exercise Room, Gameroom, Internet Library, Cafe and shopping. Loads of extra parking too!

Last Agent to Sell the Property

Mary MCCracken

(410) 430-7302 mary.mccracken@lnf.com Mary McCracken Realty, Inc Listed on: 08/31/2018

Mary McCracken Realty, Inc

Last Buyer's Agent

Sandy Galloway

(410) 726-7023 sandygalloway1@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #22189

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,205

Year Built

  • Built in 1977

Lot Details

  • Home fronts navigable water
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Handicap Parking
  • Lighted Parking
  • Parking Lot
  • Unassigned Parking

Property Views

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Built-Up Roof

Interior Spaces

  • 1,107 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Dining Area

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Outdoor Features

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

Location

  • Flood Risk

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2770A
  • Assessor Parcel Number 10-120764

Community Details

Overview

  • Association fees include all ground fee, cable TV, common area maintenance, custodial services maintenance, exterior building maintenance, health club, high speed internet, insurance, management, pool(s), reserve funds, sauna
  • High-Rise Condominium
  • The Quay Management Condos, Phone Number (410) 723-1550
  • Quay Community
  • Property Manager

Amenities

  • Common Area
  • Game Room
  • Billiard Room
  • Meeting Room
  • Party Room
  • 3 Elevators
  • Convenience Store
  • Community Storage Space

Recreation

  • Community Basketball Court

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,205

Year Built

Built in 1977

Lot Details

0

HOA Fees

$390 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Coastal
  • Accessibility Features: Elevator, No Stairs
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1977
  • Remarks Public: Lovely open floor plan in this 2bed/2bath condo with huge living room, dining room and fully equipped kitchen. Large balcony along living room with sunny southern exposure and views of ocean and bay. Conveys nicely furnished with many updates throughout. Great 9th floor location in Superior oceanfront building with tons of amenities including Heated Outdoor Pool, Year Round Indoor Pool, Oceanfront Exercise Room, Gameroom, Internet Library, Cafe and shopping. Loads of extra parking too!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Country, Primary Bath(s), Sprinkler System, Window Treatments
  • Fireplace: No
  • Elevators Count: 3
  • Floors In Unit Count: 26
  • Levels Count: 1
  • Room Count: 7
  • Basement: No
  • Total Sq Ft: 1107
  • Living Area Sq Ft: 1107
  • Price Per Sq Ft: 216.71
  • Above Grade Finished Sq Ft: 1107
  • 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
  • Roof: Built-Up
  • View: Bay, Ocean
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Handicap Parking, Lighted Parking, Paved Parking, Unassigned
  • Garage Features: Covered Parking
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Parking Lot, Detached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4679.16
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: The Quay Management
  • Condo Co-Op Phone: 410-723-1550
  • HOA Condo Co-Op Amenities: Basketball Courts, Billiard Room, Cable, Common Grounds, Convenience Store, Elevator, Exercise Room, Extra Storage, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Satellite Tv, Sauna, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Cable Tv, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Health Club, High Speed Internet, Insurance, Management, Pool(s), Reserve Funds, Sauna
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Heated, Indoor

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: BERLIN
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: BERLIN

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Units: Square Feet
  • Year Assessed: 2017
  • Zoning: R-3
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5407109
  • Tax Annual Amount: 3205.00
  • Assessor Parcel Number: 10-120764
  • Tax Lot: 2770A
  • Tax Total Finished Sq Ft: 1107
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 01/11/2019

Multi Family

  • Federal Flood Zone: 24047C0066H

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Jan 11, 2019
Sold by
Rose Laurence M and Rose Rhonda
Bought by
Graziano Anthony Wade and Graziano Cheryl Lynn
Seller's Agent
Mary MCCracken
Mary McCracken Realty, Inc
Buyer's Agent
Sandy Galloway
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$250,000
Sold Price
$244,000
Premium/Discount to List
-$6,000
-2.4%
Current Estimated Value
$499,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,208
Avg. Annual Appreciation
11.12%
Original Mortgage
$195,200
Outstanding Balance
$172,985
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$326,223

Purchase Details

Closed on
Jan 12, 2009
Sold by
Rose Laurence M and Rose Samuel T
Bought by
Rose Laurence M and Michaeline Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
6.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 16, 2008
Sold by
Rose Laurence M and Rose Samuel T
Bought by
Rose Laurence M and Michaeline Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
6.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 29, 2007
Sold by
Rose Laurence M and Rose Donna M.
Bought by
Rose Laurence M and Rose Samuel T

Purchase Details

Closed on
Jun 11, 2007
Sold by
Rose Laurence M and Rose Donna M.
Bought by
Rose Laurence M and Rose Samuel T

Purchase Details

Closed on
Jun 30, 1999
Sold by
Rose Laurence M and Rose Donna M
Bought by
Rose Lauvence M and Rose Donna M
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
Graziano Anthony Wade $244,000 Capitol Title Ins Agency
Rose Laurence M -- --
Rose Laurence M -- --
Rose Laurence M -- --
Rose Laurence M -- --
Rose Lauvence M $7,483 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graziano Anthony Wade $195,200
Previous Owner Rose Laurence M $258,750
Previous Owner Rose Laurence M $258,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2019 01/11/19 Sold $244,000 +1.7% $220 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
12/01/2018 12/01/18 Price Changed $239,900 -2.0% $217 / Sq Ft
10/11/2018 10/11/18 Price Changed $244,900 -2.0% $221 / Sq Ft
08/31/2018 08/31/18 For Sale $250,000 -- $226 / 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 $3,145 $372,667 $0 $0
2024 $3,131 $297,033 $0 $0
2023 $3,071 $221,400 $154,900 $66,500
2022 $3,043 $218,433 $0 $0
2021 $3,031 $215,467 $0 $0
2020 $3,002 $212,500 $148,700 $63,800
2019 $3,023 $212,500 $148,700 $63,800
2018 $2,993 $212,500 $148,700 $63,800
2017 $3,221 $226,900 $0 $0
2016 -- $226,900 $0 $0
2015 $3,879 $226,900 $0 $0
2014 $3,879 $226,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002350048

Bright MLS

APN: 10-120764