NOT LISTED FOR SALE

11 53rd St Unit 308 Ocean City, MD 21842

Estimated Value: $417,752 - $450,000

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

Last Sold October 24, 2022

Last sale price $385,000 $418 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,826/month

87 Days on Market

Highlights

  • Central Heating and Cooling System
  • Dogs and Cats Allowed
  • North Facing Home
  • Ocean City Elementary School Rated A

About This Home

As of October 2022

Back on the Market on September 13, 2022 after the buyer's loan fell through. Great news for interested parties!

Sweeping views of Assawoman Bay and Route 90 Bridge from this top floor 2 bed/2 bath oceanblock condo in a fantastic midtown location! All new carpeting throughout as well as new mattresses in the bedrooms. Bathrooms have been updated and shiplap added to the Living Room and Master Bedroom. New windows this year and the whole building was just painted. Just steps to the beach and OC staples like Seacrets and Fagers! This condo is clean as a whistle and move in ready. Great getaway, second home, investment property or even live here full time! Make an appointment to see today!!

Last Agent to Sell the Property

Kevin Decker

Coastal Life Realty Group LLC License #532548 Listed on: 06/24/2022

Last Buyer's Agent

Ginny Whipp

Century 21 Redwood Realty License #647037

Century 21 Redwood Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,112

Year Built

  • Built in 1981

Lot Details

  • 1 Common Wall
  • North Facing Home

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Masonry

Interior Spaces

  • 920 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 308
  • Assessor Parcel Number 2410209234

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, reserve funds
  • Low-Rise Condominium
  • Constellation Hse N Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,112

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
  • Ownership: Condominium
  • Exclusions: Coffee Table, Sofa Table, Mermaid on the Coffee Table, Personal Items, Contents of closets and bedroom drawers, a few knick knacks.
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-06-24
  • Federal Flood Zone: Yes
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Back on the Market on September 13, 2022 after the buyer's loan fell through. Great news for interested parties! Sweeping views of Assawoman Bay and Route 90 Bridge from this top floor 2 bed/2 bath oceanblock condo in a fantastic midtown location! All new carpeting throughout as well as new mattresses in the bedrooms. Bathrooms have been updated and shiplap added to the Living Room and Master Bedroom. New windows this year and the whole building was just painted. Just steps to the beach and OC staples like Seacrets and Fagers! This condo is clean as a whistle and move in ready. Great getaway, second home, investment property or even live here full time! Make an appointment to see today!!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Common Walls: 1 Common Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 920
  • Living Area Sq Ft: 920
  • Price Per Sq Ft: 434.67
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

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

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, Insurance, Reserve Funds
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5414578
  • Tax Annual Amount: 3112.00
  • Assessor Parcel Number: 2410209234
  • Tax Lot: 308
  • Tax Total Finished Sq Ft: 920
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 10/24/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Oct 24, 2022
Sold by
Mccubbin Steven D
Bought by
Pierce Sherlyn R and Pierce Roger W
Seller's Agent
Kevin Decker
Coastal Life Realty Group LLC
Buyer's Agent
Ginny Whipp
Century 21 Redwood Realty
List Price
$419,900
Sold Price
$385,000
Premium/Discount to List
-$34,900
-8.31%
Views
77
Current Estimated Value
$429,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,688
Avg. Annual Appreciation
3.96%
Original Mortgage
$308,000
Outstanding Balance
$298,326
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$132,024

Purchase Details

Listed on
May 11, 2018
Closed on
Jul 27, 2018
Sold by
Boyd Robert M and Mccarthy Diane M
Bought by
Mccubbin Steven D
Seller's Agent
Wayne Phillips
Coastal Life Realty Group LLC
Buyer's Agent
Joy Snyder
RE/MAX Advantage Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%
Original Mortgage
$202,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1998
Sold by
Flack Richard L and Flack Madeline D
Bought by
Boyd Robert M and Mccarthy Diane M

Purchase Details

Closed on
May 29, 1990
Sold by
Caa Partnership
Bought by
Flack Richard L and Flack Madeline D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,450
Interest Rate
10.33%

Purchase Details

Closed on
Aug 11, 1981
Sold by
Seaside Associates
Bought by
Caa Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,600
Interest Rate
17.13%
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
Pierce Sherlyn R $385,000 --
Mccubbin Steven D $225,000 Resort Land Title & Escrow
Boyd Robert M $93,000 --
Flack Richard L $90,500 --
Caa Partnership $60,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Sherlyn R $308,000
Previous Owner Mccubbin Steven D $198,000
Previous Owner Mccubbin Steven D $202,500
Previous Owner Flack Richard L $81,450
Previous Owner Caa Partnership $48,600
Closed Boyd Robert M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $385,000 -3.7% $418 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/13/2022 09/13/22 Price Changed $399,900 +2.6% $435 / Sq Ft
07/25/2022 07/25/22 Price Changed $389,900 -2.5% $424 / Sq Ft
07/07/2022 07/07/22 Price Changed $399,900 -4.8% $435 / Sq Ft
06/24/2022 06/24/22 For Sale $419,900 +86.6% $456 / Sq Ft
07/27/2018 07/27/18 Sold $225,000 0.0% $245 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $225,000 -- $245 / 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

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Map

Source: Bright MLS

MLS Number: MDWO2008586

Bright MLS

APN: 10-209234