NOT LISTED FOR SALE

Estimated Value: $577,000 - $661,000

2 Beds
2 Baths
1,092 Sq Ft
$520/mo HOA Fee

Last Sold April 30, 2021

Last sale price $503,000 $461 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,315/month

10 Days on Market

Highlights

  • Primary bedroom faces the ocean
  • Beach
  • Water Access
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Fitness Center

About This Home

As of April 2021

Summer is around the corner and this beauty is Updated, Fully Furnished and ready for your personal enjoyment or your perfect Beachfront Investment! With a consistent existing Rental History and still plenty of availability for personal use, this spacious 2 Bedroom, 2 Full Bath condo offers it ALL. Features include: Direct Oceanfront Master Bedroom, a spacious open floor plan, updated kitchen with Granite Counters and Cabinets, and new appliances in 2020 including Washer, Refrigerator, Dishwasher. The Golden Sands building, located on 109th St is one of Ocean City's few true Resort-style buildings offering everything from 24hr On-Site Security, Indoor/Outdoor Pool, Kiddie Pool, Billiard/Game Room, Party/Meeting Room, Tennis Courts, Volleyball Courts, Sauna, Fitness Center and more! Condo Fees @ $6,240 Annually, Taxes @ $4,674.

Last Agent to Sell the Property

Lauren Hudson

(302) 524-2006 lauren@thebrittsteam.com Keller Williams Realty Delmarva License #RS-0024702 Listed on: 03/12/2021

Keller Williams Realty Delmarva

Last Buyer's Agent

Patrick Sommer

(302) 387-4227 patrickwsommer@gmail.com McWilliams/Ballard, Inc. License #634531

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,674

Year Built

  • Built in 1975

Lot Details

  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

  • $520 Monthly HOA Fees

Home Design

  • Entry on the 12th floor
  • Stick Built Home
  • Masonry

Interior Spaces

  • 1,092 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • 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
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 1217
  • Assessor Parcel Number 10-118360

Community Details

Overview

  • Association fees include cable TV, insurance, water, high speed internet, management, pool(s)
  • High-Rise Condominium
  • Golden Sands Community

Amenities

  • Game Room
  • Billiard Room
  • Meeting Room
  • Party Room

Recreation

  • Beach
  • Volleyball Courts

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,674

Year Built

Built in 1975

Lot Details

0

HOA Fees

$520 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
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-03-13
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 12
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Primary Bedroom - Ocean Front
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1092
  • Living Area Sq Ft: 1092
  • Price Per Sq Ft: 457.78
  • Above Grade Finished Sq Ft: 1092
  • 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: Stick Built, Masonry
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

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

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: 6240.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach, Exercise Room, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Sauna, Security, Tennis Courts, Volleyball Courts, Billiard Room
  • HOA Condo Co-Op Fee Includes: Cable Tv, Insurance, Water, High Speed Internet, Management, Pool(s)
  • 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 Dimensions: 0.00 x 0.00
  • Property Condition: Very Good, Excellent
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5406890
  • Tax Annual Amount: 4674.00
  • Assessor Parcel Number: 10-118360
  • Tax Lot: 1217
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 30, 2021
Sold by
Iannotta Ronald F and Iannotta Barbara Mary
Bought by
Roberts Bryan C and Roberts Jennifer
Seller's Agent
Lauren Hudson
Keller Williams Realty Delmarva
Buyer's Agent
Patrick Sommer
McWilliams/Ballard, Inc.
List Price
$499,900
Sold Price
$503,000
Premium/Discount to List
$3,100
0.62%
Current Estimated Value
$623,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,086
Avg. Annual Appreciation
4.75%
Original Mortgage
$301,440
Outstanding Balance
$239,554
Interest Rate
5.87%
Mortgage Type
New Conventional
Estimated Equity
$383,532

Purchase Details

Closed on
Jun 1, 2018
Sold by
Ianotta Ronald F
Bought by
Ianotta Ronald F and Ianotta Barbara Mary

Purchase Details

Closed on
Dec 17, 2014
Sold by
Chopra Vippan and Chopra Deepa
Bought by
Chopra Living Trust and Chopra Deepa

Purchase Details

Closed on
Feb 7, 2008
Sold by
Joseph Pisarcik
Bought by
Vippan Chopra and Chopra Deepa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2008
Sold by
Joseph Pisarcik
Bought by
Vippan Chopra and Chopra Deepa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2002
Sold by
Brothers Altman
Bought by
Joseph Pisarcik
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
Roberts Bryan C $503,000 None Available
Ianotta Ronald F -- None Available
Chopra Living Trust -- None Available
Vippan Chopra $470,000 --
Vippan Chopra $470,000 --
Joseph Pisarcik $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Bryan C $301,440
Previous Owner Vippan Chopra $320,000
Previous Owner Vippan Chopra $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $503,000 +0.6% $461 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $499,900 -- $458 / 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 $6,213 $454,967 $0 $0
2024 $5,536 $396,733 $0 $0
2023 $4,757 $338,500 $236,900 $101,600
2022 $4,721 $335,933 $0 $0
2021 $4,711 $333,367 $0 $0
2020 $4,674 $330,800 $231,500 $99,300
2019 $4,701 $330,433 $0 $0
2018 $4,649 $330,067 $0 $0
2017 $4,681 $329,700 $0 $0
2016 $5,071 $329,700 $0 $0
2015 $5,071 $329,700 $0 $0
2014 $5,071 $365,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO120544

Bright MLS

APN: 10-118360