NOT LISTED FOR SALE

11 53rd St Unit 307 Ocean City, MD 21842

Estimated Value: $386,000 - $450,000

2 Beds
2 Baths
920 Sq Ft
$200/mo HOA Fee

Last Sold January 17, 2020

Last sale price $232,900 $253 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,772/month

76 Days on Market

Highlights

  • Furnished
  • Stainless Steel Appliances
  • Central Air
  • Ocean City Elementary School Rated A
  • Energy-Efficient Appliances
  • Property is in very good condition

About This Home

As of January 2020

Beautiful oceanside 2 bedroom 2 bath beautifully furnished condo. Fully updated Kitchen cabinets granite counter tops stainless steel appliances. close to beach with ocean views

Last Agent to Sell the Property

William Helmuth

Berkshire Hathaway HomeServices PenFed Realty License #57439 Listed on: 09/19/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Jamie Caine

Coldwell Banker Realty License #52321

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,989

Year Built

  • Built in 1981

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Masonry

Interior Spaces

  • 920 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Doors are 32 inches wide or more
  • Energy-Efficient Appliances
  • Property is in very good condition
  • Flood Risk

Listing and Financial Details

  • Tax Lot 7667
  • Assessor Parcel Number 10-209226

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, laundry
  • 24 Units
  • Low-Rise Condominium
  • Constellation Hse N Community
  • Property Manager

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,989

Year Built

Built in 1981

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Condominium
  • Exclusions: personal items
  • Historic: No
  • Home Warranty: No
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1981
  • Remarks Public: Beautiful oceanside 2 bedroom 2 bath beautifully furnished condo. Fully updated Kitchen cabinets granite counter tops stainless steel appliances. close to beach with ocean views
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 920
  • Living Area Sq Ft: 920
  • Price Per Sq Ft: 264.02
  • Above Grade Finished Sq Ft: 920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

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: Masonry
  • Roof: Flat
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 600.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Laundry
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • 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: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2019
  • 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: Yes

Tax Info

  • Assessor Parcel Number: 5414577
  • Tax Annual Amount: 2989.00
  • Assessor Parcel Number: 10-209226
  • Tax Lot: 7667
  • Tax Total Finished Sq Ft: 920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 01/17/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Jan 3, 2020
Sold by
Mulheron Robert
Bought by
Montague Thomas C and Montague Sharon M
Seller's Agent
William Helmuth
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Jamie Caine
Coldwell Banker Realty
List Price
$248,000
Sold Price
$232,900
Premium/Discount to List
-$15,100
-6.09%
Current Estimated Value
$419,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,804
Avg. Annual Appreciation
11.03%
Original Mortgage
$125,000
Outstanding Balance
$86,966
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$332,738

Purchase Details

Listed on
Jun 9, 2018
Closed on
Aug 10, 2018
Sold by
Strocon Incorporated
Bought by
Mulheron Robert
Seller's Agent
Anne Koster
Coldwell Banker Realty
Buyer's Agent
William Helmuth
Berkshire Hathaway HomeServices PenFed Realty
List Price
$239,000
Sold Price
$230,000
Premium/Discount to List
-$9,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.87%

Purchase Details

Closed on
Mar 14, 2001
Sold by
Snyder Michael L and Dean Kathy
Bought by
Strocon Incorporated

Purchase Details

Closed on
Aug 11, 1981
Sold by
Seaside Associates
Bought by
Snyder Michael L and Snyder Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
17.13%
Source: Public Records

Range of Values:

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 Buyer Sale Price Title Company
Montague Thomas C $232,900 None Available
Mulheron Robert $230,000 None Available
Strocon Incorporated $140,000 --
Snyder Michael L $59,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montague Thomas C $125,000
Previous Owner Snyder Michael L $40,000
Closed Strocon Incorporated --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $232,900 -4.1% $253 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
10/16/2019 10/16/19 Price Changed $242,900 -2.1% $264 / Sq Ft
09/19/2019 09/19/19 For Sale $248,000 +7.8% $270 / Sq Ft
08/10/2018 08/10/18 Sold $230,000 -3.8% $250 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
06/10/2018 06/10/18 For Sale $239,000 -- $260 / 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 $3,637 $295,933 $0 $0
2024 $3,637 $260,667 $0 $0
2023 $3,168 $225,400 $112,700 $112,700
2022 $3,103 $220,800 $0 $0
2021 $3,055 $216,200 $0 $0
2020 $3,001 $211,600 $105,800 $105,800
2019 $3,001 $211,600 $105,800 $105,800
2018 $2,980 $211,600 $105,800 $105,800
2017 $3,226 $230,000 $0 $0
2016 -- $227,233 $0 $0
2015 $3,146 $224,467 $0 $0
2014 $3,146 $221,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO109190

Bright MLS

APN: 10-209226