NOT LISTED FOR SALE

Estimated Value: $287,000 - $360,000

-- Bed
1 Bath
453 Sq Ft
$211/mo HOA Fee

Last Sold June 21, 2019

Last sale price $165,000 $364 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,200/month

75 Days on Market

Highlights

  • Beach
  • Home fronts navigable water
  • Fitness Center
  • Ocean City Elementary School Rated A
  • Water Access
  • 24-Hour Security

About This Home

As of June 2019

Wake up to sunrises on the beach in this newly updated ocean front efficiency. Tastefully appointed and spotless, this little gem has everything you need for your beach get away. Freshly painted, new wood grain tile in hall, bath and kitchen, new carpet in living/sleep area. Kitchen has new stainless steel appliances,new custom ceramic tile backsplash and fabulous new butcher block counter tops. Bathroom with new vanity,lighting, contrasting tile and nice sized closet. Watch the sunrise from your queen size Murphy bed or sleeper sofa, both of which can be opened at the same time with no obstruction. HVAC heating element and compressor, garbage disposal and hot water heater have all been replaced within the last four years. New Nest thermostat, outlets with USB ports, custom curtains with room darkening shades, stack washer/dryer, private balcony and the list goes on. Well managed building with on site maintenance, 24 hour security, new elevator in 2018, rooftop indoor pool, game room, exercise room, and no assessments. Sold fully furnished and turnkey. Great rental property. Buyer must honor 2019 rentals.

Last Agent to Sell the Property

Timothy Meadowcroft

(800) 992-7777 timothy.meadowcroft@lnf.com Long & Foster Real Estate, Inc. License #Rs0016409 Listed on: 03/05/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Anne Koster

(410) 726-2386 anne.koster@cbmove.com Coldwell Banker Residential Brokerage License #MRIS:3051586

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,047

Year Built

  • Built in 1975

HOA Fees

  • $211 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Built-Up Roof

Interior Spaces

  • 1 Full Bathroom
  • 453 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room
  • Efficiency Studio

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Handicap Parking
  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Home fronts navigable water

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 2956A
  • Assessor Parcel Number 10-125472

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), recreation facility, snow removal, insurance, reserve funds, sauna, sewer, trash, water, exterior building maintenance, cable TV, high speed internet
  • High-Rise Condominium
  • Golden Sands Condominium Club Condos, Phone Number (410) 524-5505
  • Golden Sands Community
  • Property Manager

Amenities

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

Recreation

  • Beach
  • Volleyball Courts

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,047

Year Built

Built in 1975

Lot Details

0

HOA Fees

$211 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: Condominium
  • Exclusions: Patio furniture, personal items.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1975
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Disposal, Microwave
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Combination Dining/Living, Efficiency
  • Elevators Count: 4
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: Other
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 453
  • Living Area Sq Ft: 453
  • Price Per Sq Ft: 381.68
  • Above Grade Finished Sq Ft: 453
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Exterior Features: Outside Shower, Tennis Court(s)
  • Roof: Built-Up
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Handicap Parking
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 211.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Golden Sands Condominium Club
  • Condo Co-Op Phone: (410) 524-5505
  • HOA Condo Co-Op Amenities: Beach, Billiard Room, Common Grounds, Convenience Store, Elevator, Exercise Room, Extra Storage, Fitness Center, Game Room, Meeting Room, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Sauna, Security, Storage Bin, Swimming Pool, Tennis Courts, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Snow Removal, Insurance, Reserve Funds, Sauna, Sewer, Trash, Water, Ext Bldg Maint, Cable Tv, High Speed Internet
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Indoor, In Ground

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Zoning: R-3
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5407538
  • Tax Annual Amount: 2047.00
  • Assessor Parcel Number: 10-125472
  • Tax Lot: 2956A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
Jun 21, 2019
Sold by
Engles Sheli Ann
Bought by
Hartman Matthew and Hartman Debra
Seller's Agent
Timothy Meadowcroft
Long & Foster Real Estate, Inc.
Buyer's Agent
Anne Koster
Coldwell Banker Residential Brokerage
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Current Estimated Value
$327,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,000
Avg. Annual Appreciation
11.15%

Purchase Details

Closed on
Mar 23, 2015
Sold by
Fannie Mae
Bought by
Engles Sheli Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2014
Sold by
Kaegel Danielle and Ireland Danielle K
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 7, 2008
Sold by
March Michael J and March Brenda L.
Bought by
Kaegel Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2008
Sold by
March Michael J and March Brenda L.
Bought by
Kaegel Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 1998
Sold by
Schock Fred S and Schock Joan R
Bought by
March Michael J and March Brenda L

Purchase Details

Closed on
Jul 14, 1986
Sold by
Thorn Donald S
Bought by
Schock Fred S and Schock Joan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,600
Interest Rate
10.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hartman Matthew $165,000 Title Resource Guaranty Co
Engles Sheli Ann $145,100 Attorney
Federal National Mortgage Association -- None Available
Kaegel Danielle $275,000 --
Kaegel Danielle $275,000 --
March Michael J $61,000 --
Schock Fred S $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Engles Sheli Ann $108,800
Previous Owner Kaegel Danielle $247,500
Previous Owner Kaegel Danielle $247,500
Previous Owner Schock Fred S $59,600
Closed March Michael J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2019 06/21/19 Sold $165,000 -4.6% $364 / Sq Ft
05/19/2019 05/19/19 Pending -- -- --
04/25/2019 04/25/19 Price Changed $172,900 -1.1% $382 / Sq Ft
03/05/2019 03/05/19 For Sale $174,900 -- $386 / 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 $3,226 $236,267 $0 $0
2024 $2,770 $198,533 $0 $0
2023 $2,260 $160,800 $112,500 $48,300
2022 $2,185 $155,500 $0 $0
2021 $2,122 $150,200 $0 $0
2020 $2,047 $144,900 $101,400 $43,500
2019 $2,061 $144,900 $101,400 $43,500
2018 $2,041 $144,900 $101,400 $43,500
2017 $2,103 $148,100 $0 $0
2016 -- $148,100 $0 $0
2015 $2,821 $148,100 $0 $0
2014 $2,821 $165,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO103530

Bright MLS

APN: 10-125472