NOT LISTED FOR SALE

Golden Sands 10900 Coastal Hwy Ocean City, MD 21842

Estimated Value: $536,000 - $564,000

2 Beds
2 Baths
825 Sq Ft
$416/mo HOA Fee

Last Sold December 22, 2021

Last sale price $500,000 $606 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,723/month

2 Days on Market

Highlights

  • 375 Feet of Waterfront
  • Ocean View
  • Fitness Center
  • Ocean City Elementary School Rated A
  • Private Beach Club
  • Community Indoor Pool

About This Home

As of December 2021

Completely renovated, absolutely stunning, two bed, two full bath, direct oceanfront unit in the Golden Sands. There is no obstructing this view! Floor to ceiling windows and sliders fill the unit with stunning ocean views. One look at the photos tells you that this is a quality renovation that was done with style. From the crown molding and luxury vinyl plank (waterproof) flooring to the new (2018) HVAC with insulated duct work this is a truly turn key property.

Last Agent to Sell the Property

Edward Galyon

(410) 524-8111 ed@edgalyon.com Seaside Vacations and Sales LLC License #66323 Listed on: 11/17/2021

Last Buyer's Agent

Cindy Purcell

(410) 726-2586 cindypurcell@remax.net RE/MAX Advantage Realty License #RS-0016484

RE/MAX Advantage Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,216

Year Built

  • Built in 1975

Lot Details

  • 375 Feet of Waterfront
  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

  • $416 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 16th floor
  • Piling Construction

Interior Spaces

  • 825 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

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

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 1615
  • Assessor Parcel Number 2410118301

Community Details

Overview

  • Association fees include water, insurance, high speed internet, cable TV
  • 4 Elevators
  • High-Rise Condominium
  • Golden Sands Community

Amenities

  • Game Room

Recreation

  • Private Beach Club
  • Volleyball Courts

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,216

Year Built

Built in 1975

Lot Details

0

HOA Fees

$416 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • 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, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 16
  • Window Features: Insulated
  • Elevators Count: 4
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 825
  • Living Area Sq Ft: 825
  • Price Per Sq Ft: 575.76
  • Above Grade Finished Sq Ft: 825
  • 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, Glass
  • Exterior Features: Outside Shower, Tennis Court(s)
  • View: Ocean, Water
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 375

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

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
  • Utilities: Cable Tv, Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 416.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach Club, Exercise Room, Game Room, Pool - Indoor, Pool - Outdoor, Tennis Courts, Security, Sauna, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Water, Insurance, High Speed Internet, Cable Tv
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Indoor

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5406885
  • Tax Annual Amount: 4216.00
  • Assessor Parcel Number: 2410118301
  • Tax Lot: 1615
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Dec 22, 2021
Sold by
Richards Mark A and Richards Loretta A
Bought by
Rodas Katherine K
Seller's Agent
Edward Galyon
Seaside Vacations and Sales LLC
Buyer's Agent
Cindy Purcell
RE/MAX Advantage Realty
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%
Current Estimated Value
$542,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,846
Avg. Annual Appreciation
2.16%
Original Mortgage
$367,500
Outstanding Balance
$338,004
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$206,475

Purchase Details

Closed on
Oct 1, 2008
Sold by
Abrahma Alarnasi
Bought by
Richards Mark A and Richards Loretta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2008
Sold by
Abrahma Alarnasi
Bought by
Richards Mark A and Richards Loretta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
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
Rodas Katherine K $500,000 Capital Title Group
Richards Mark A $375,000 --
Richards Mark A $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodas Katherine K $367,500
Previous Owner Richards Mark A $250,000
Previous Owner Richards Mark A $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $500,000 +5.3% $606 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $475,000 -- $576 / 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 $5,426 $397,367 $0 $0
2024 $4,873 $349,233 $0 $0
2023 $4,232 $301,100 $210,700 $90,400
2022 $4,193 $298,333 $0 $0
2021 $4,177 $295,567 $0 $0
2020 $4,114 $292,800 $204,900 $87,900
2019 $4,127 $290,067 $0 $0
2018 $4,047 $287,333 $0 $0
2017 $4,013 $284,600 $0 $0
2016 -- $282,667 $0 $0
2015 $4,376 $280,733 $0 $0
2014 $4,376 $278,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Edward Galyon

    Seller's Agent in 2021

    Edward Galyon

    Seaside Vacations and Sales LLC

    (410) 524-8111

    47 in this area

    47 Total Sales

    Edward Galyon
    Section Image
  • Cindy Purcell

    Buyer's Agent in 2021

    Cindy Purcell

    RE/MAX

    (410) 726-2586

    29 in this area

    49 Total Sales

    Cindy Purcell
    Section Image
See All Agents

About Golden Sands

Map

Source: Bright MLS

MLS Number: MDWO2003590

Bright MLS

APN: 10-118301

Maryland Worcester County Ocean City 21842

10900 Coastal Hwy, Ocean City, MD

Not Listed for Sale

Condos

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