NOT LISTED FOR SALE

11 62nd St Unit 108 Ocean City, MD 21842

Estimated Value: $165,000 - $173,000

-- Bed
1 Bath
274 Sq Ft
$155/mo HOA Fee

Last Sold August 01, 2024

Last sale price $175,000 $639 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,168/month

7 Days on Market

Highlights

  • Community Pool
  • Ocean City Elementary School Rated A
  • Electric Baseboard Heater

About This Home

As of August 2024

Nestled in a prime midtown location just half a block from the sparkling ocean, this first-floor efficiency offers an ideal beachside retreat. Fully furnished and equipped with a brand-new through-the-wall heat/AC unit, it's ready to welcome you with comfort and convenience. Imagine lounging by the pool or strolling to the beach within minutes from your doorstep. With no rentals in place or current tenants, it's just waiting for you to make it your own little paradise at the beach.

Last Agent to Sell the Property

Chris Jett

(443) 523-2360 chris@shore4u.com RE/MAX Advantage Realty License #RS-0019287 Listed on: 07/01/2024

RE/MAX Advantage Realty

Last Buyer's Agent

Chris Jett

(443) 523-2360 chris@shore4u.com RE/MAX Advantage Realty License #RS-0019287 Listed on: 07/01/2024

RE/MAX Advantage Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 1976

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 1 Off-Street Space

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1 Full Bathroom
  • 274 Sq Ft Home
  • Property has 1 Level

Location

  • Flood Risk

Schools

  • Stephen Decatur High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater

Listing and Financial Details

  • Tax Lot 108
  • Assessor Parcel Number 2410217776

Community Details

Overview

  • Association fees include pool(s), insurance, common area maintenance
  • Low-Rise Condominium
  • Marshall Inn Condos
  • Marshall Inn Community

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,274

Year Built

Built in 1976

Lot Details

0

HOA Fees

$155 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: Tenants personal items
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-07-01
  • Federal Flood Zone: Yes
  • Year Built: 1976
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 274
  • Living Area Sq Ft: 274
  • Price Per Sq Ft: 649.64
  • Above Grade Finished Sq Ft: 274
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 155.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: MARSHALL INN
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Pool(s), Insurance, Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent
  • High School: STEPHEN DECATUR

Lot Info

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

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1274.00
  • Assessor Parcel Number: 2410217776
  • Tax Lot: 108
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Jul 25, 2024
Sold by
Makowski Katie M
Bought by
Feeheley Cyndee Retallack
Seller's Agent
Chris Jett
RE/MAX Advantage Realty
Buyer's Agent
Chris Jett
RE/MAX Advantage Realty
List Price
$178,000
Sold Price
$175,000
Premium/Discount to List
-$3,000
-1.69%
Views
100
Current Estimated Value
$169,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,186
Avg. Annual Appreciation
-2.20%

Purchase Details

Listed on
Mar 1, 2020
Closed on
Jul 2, 2020
Sold by
Pinnata Sharyn
Bought by
Makowski Katie M
Seller's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Chris Jett
RE/MAX Advantage Realty
List Price
$119,000
Sold Price
$106,000
Premium/Discount to List
-$13,000
-10.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%
Original Mortgage
$50,001
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2018
Closed on
Aug 7, 2018
Sold by
Wargo David Robert and Mcguire Elisabeth
Bought by
Pinnata Sharyn
Seller's Agent
Mia McCarthy
Keller Williams Realty Delmarva
Buyer's Agent
Melissa Strawbridge
Iron Valley Real Estate Ocean City
List Price
$115,000
Sold Price
$96,000
Premium/Discount to List
-$19,000
-16.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%

Purchase Details

Closed on
Oct 21, 2016
Sold by
Torsella Frank A and Torsella Ruth S
Bought by
Wargo David Robert and Mcguire Elisabeth

Purchase Details

Closed on
May 4, 1983
Sold by
Bercap Investments Inc
Bought by
Torsella Frank A and Torsella Ruth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
12.73%
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
Feeheley Cyndee Retallack $175,000 Fidelity National Title
Makowski Katie M $106,000 Real Estate Title & Escrow
Pinnata Sharyn $96,000 Real Estate Title & Escrow
Wargo David Robert $60,000 Attorney
Torsella Frank A $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Makowski Katie M $50,001
Previous Owner Torsella Frank A $34,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2024 08/01/24 Sold $175,000 -1.7% $639 / Sq Ft
07/01/2024 07/01/24 For Sale $178,000 +67.9% $650 / Sq Ft
07/02/2020 07/02/20 Sold $106,000 -10.9% $387 / Sq Ft View Prior Sale
05/24/2020 05/24/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $119,000 +24.0% $434 / Sq Ft
08/07/2018 08/07/18 Sold $96,000 -10.3% $350 / Sq Ft View Prior Sale
07/19/2018 07/19/18 Pending -- -- --
06/02/2018 06/02/18 Price Changed $107,000 -7.0% $391 / Sq Ft
05/17/2018 05/17/18 For Sale $115,000 -- $420 / 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 $1,434 $105,000 $0 $0
2024 $1,363 $97,700 $0 $0
2023 $1,274 $90,400 $45,200 $45,200
2022 $1,270 $90,400 $45,200 $45,200
2021 $1,277 $90,400 $45,200 $45,200
2020 $1,277 $90,400 $45,200 $45,200
2019 $1,247 $87,667 $0 $0
2018 $1,196 $84,933 $0 $0
2017 $1,097 $82,200 $0 $0
2016 -- $77,267 $0 $0
2015 $1,404 $72,333 $0 $0
2014 $1,404 $67,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Jett

    Seller's Agent in 2024

    Chris Jett

    RE/MAX

    (443) 523-2360

    155 in this area

    200 Total Sales

    Chris Jett
    Section Image
  • Carol Proctor

    Seller's Agent in 2020

    Carol Proctor

    BHHS PenFed (actual)

    (443) 567-0650

    370 in this area

    516 Total Sales

    Carol Proctor
    Section Image
  • Dean Strawbridge

    Seller Co-Listing Agent in 2020

    Dean Strawbridge

    Iron Valley Real Estate Ocean City

    (443) 277-2814

    17 in this area

    32 Total Sales

    Dean Strawbridge
    Section Image
  • Mia McCarthy

    Seller's Agent in 2018

    Mia McCarthy

    Keller Williams Realty Delmarva

    (443) 497-0182

    31 in this area

    67 Total Sales

    Mia McCarthy
    Section Image
  • Melissa Strawbridge

    Buyer's Agent in 2018

    Melissa Strawbridge

    Iron Valley Real Estate Ocean City

    (410) 390-1819

    12 in this area

    34 Total Sales

    Melissa Strawbridge
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2021758

Bright MLS

APN: 10-217776

Maryland Worcester County Ocean City 21842

11 62nd St Unit 108, Ocean City, MD

Not Listed for Sale

Condos

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