Seller's Agent in 2021
Terri Moran
Coldwell Banker Realty
(443) 235-5467
28 in this area
39 Total Sales
11 62nd St Unit 103 Ocean City, MD 21842
Estimated Value: $166,000 - $185,000
--
Bed
1
Bath
274
Sq Ft
$155/mo
HOA Fee
Highlights
- Home fronts navigable water
- Water Access
- Open Floorplan
- Ocean City Elementary School Rated A
- Public Beach
- Furnished
About This Home
As of July 2021Mid-town Ocean City, MD location. Drive into town and cross Coastal Highway from Route 90 to 62nd Street. Marshall Inn is mid-block on the right just behind Denny's Restaurant . Convenient first floor condominium just a half block from the beach and Atlantic Ocean. Original owners for 39 year. Never rented. Everything you need to relax is right here. Beautifully maintained outdoor pool with room for you and your family, friends or guests. Fun in the sun at the pool or on the beach. This unit has an open floor plan with a galley kitchen, dining and sleeping for four and has a full bathroom with tub/shower. Located within a block are Dead Freddies Island Grill, Rick's supermarket, OC nails , Candy Kitchen and more.
Last Agent to Sell the Property
(443) 235-5467 tmoran@cbmove.com Coldwell Banker Realty Listed on: 05/31/2021
Last Buyer's Agent
(443) 616-1092 michael.thanner@cbrealty.com Coldwell Banker Realty License #5006191
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,207
Year Built
- Built in 1976
Lot Details
- Home fronts navigable water
- Public Beach
- Two or More Common Walls
- North Facing Home
- Property is in excellent condition
HOA Fees
- $155 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Flat Roof Shape
- Block Foundation
- Block Wall
- Built-Up Roof
- Masonry
Interior Spaces
- 1 Full Bathroom
- 274 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Sliding Windows
Kitchen
- Kitchen in Efficiency Studio
- Stove
- Microwave
Flooring
- Carpet
- Laminate
- Ceramic Tile
Parking
- Parking Lot
- Off-Street Parking
- Parking Permit Included
Outdoor Features
- Outdoor Shower
- Water Access
- Property is near an ocean
- Balcony
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Tax Lot 103
- Assessor Parcel Number 10-217717
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, management, pool(s), laundry
- 48 Units
- Low-Rise Condominium
- Marshall Inn Condos
- Marshall Inn Community
- Property Manager
Amenities
- Laundry Facilities
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2021
Closed on
Jul 15, 2021
Sold by
Foltz Patricia Ann
Bought by
Raynes Jason Michael and Raynes Frances Bustamante
Seller's Agent
Terri Moran
Coldwell Banker Realty
Buyer's Agent
Michael Thanner
Coldwell Banker Realty
List Price
$145,900
Sold Price
$140,000
Premium/Discount to List
-$5,900
-4.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,909
Avg. Annual Appreciation
5.05%
Original Mortgage
$126,000
Outstanding Balance
$114,378
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$59,531
Purchase Details
Closed on
Nov 15, 2004
Sold by
Foltz Richard N and Foltz Betty R
Bought by
Ann Foltz Patricia
Purchase Details
Closed on
Aug 12, 1982
Sold by
Bercap Investments Inc
Bought by
Foltz Richard N and Foltz Betty R
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Raynes Jason Michael | $140,000 | First American Title Ins | |
| Ann Foltz Patricia | -- | -- | |
| Foltz Richard N | $26,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Raynes Jason Michael | $126,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2021 07/16/21 | Sold | $140,000 | -4.0% | $511 / Sq Ft |
| 05/31/2021 05/31/21 | For Sale | $145,900 | -- | $532 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,361 | $99,667 | $0 | $0 |
| 2024 | $1,291 | $92,533 | $0 | $0 |
| 2023 | $1,200 | $85,400 | $42,700 | $42,700 |
| 2022 | $1,200 | $85,400 | $42,700 | $42,700 |
| 2021 | $1,207 | $85,400 | $42,700 | $42,700 |
| 2020 | $1,144 | $85,400 | $42,700 | $42,700 |
| 2019 | $1,148 | $80,667 | $0 | $0 |
| 2018 | $1,069 | $75,933 | $0 | $0 |
| 2017 | $1,011 | $71,200 | $0 | $0 |
| 2016 | -- | $71,200 | $0 | $0 |
| 2015 | $1,351 | $71,200 | $0 | $0 |
| 2014 | $1,351 | $76,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Terri Moran
-
Michael Thanner
Buyer's Agent in 2021
Michael Thanner
Coldwell Banker Realty
(443) 616-1092
67 in this area
98 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO122868
APN: 10-217717
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