$112,270
SOLD DEC 18, 2020

11 62nd St Unit 212 Ocean City, MD 21842

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

Recently Sold

$410 Per Sq Ft

181% Above List Price

20 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Community Pool
  • Ocean City Elementary School Rated A
  • Traditional Architecture
  • Forced Air Heating and Cooling System

About This Home

As of December 2020

ONLINE AUCTION. Great opportunity for one level living in a convenient Ocean City location! Great investment opportunity Bidding begins at noon on Monday 11/9 at noon and ends Wed 11/11 at 5 pm.

Last Agent to Sell the Property

Justin Brewer

Rextar, LLC License #6392 Listed on: 10/23/2020

Last Buyer's Agent

Justin Brewer

Rextar, LLC License #6392 Listed on: 10/23/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,277

Year Built

  • Built in 1976

Lot Details

  • Home fronts navigable water

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture

Interior Spaces

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

Outdoor Features

  • Water Access
  • Property is near an ocean

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 10-217989

Community Details

Overview

  • Association fees include common area maintenance, pool(s)
  • Low-Rise Condominium
  • Marshall Inn Community
  • Ocean City Heights Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,277

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: Traditional
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1976
  • Automatically Close On Close Date: No
  • Remarks Public: ONLINE AUCTION. Great opportunity for one level living in a convenient Ocean City location! Great investment opportunity Bidding begins at noon on Monday 11/9 at noon and ends Wed 11/11 at 5 pm.
  • Special Features: Auction
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 274
  • Living Area Sq Ft: 274
  • Price Per Sq Ft: 145.99
  • Above Grade Finished Sq Ft: 274
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

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
  • Spa: No
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Wall Unit, Forced Air
  • 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: 465.09
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Laundry Facilities, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s)
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Horses: No
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5415298
  • Tax Annual Amount: 1277.00
  • Assessor Parcel Number: 10-217989
  • Tax Year: 2019
  • Close Date: 12/18/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 17, 2020
Sold by
Lim Alexander H
Bought by
Pitruzzella Salvatrice
Seller's Agent
Justin Brewer
Rextar, LLC
Buyer's Agent
Justin Brewer
Rextar, LLC
List Price
$40,000
Sold Price
$112,270
Premium/Discount to List
$72,270
180.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%

Purchase Details

Closed on
Dec 15, 2004
Sold by
Allied Capital Financial Llc
Bought by
Lim Alexander H

Purchase Details

Closed on
Aug 19, 2004
Sold by
Allied Capital Financial Llc
Bought by
Lim Alexander H

Purchase Details

Closed on
May 26, 2004
Sold by
Wisnosky Richard E and Wisnosky Barbara A.
Bought by
Acf Llc

Purchase Details

Closed on
Nov 13, 1998
Sold by
Randall Michael S and Randall Jennifer L
Bought by
Wisnosky Richard E and Wisnosky Barbara A
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 Type Sale Price Title Company
Deed $112,270 Marvel Title & Escrow Llc
Deed $115,000 --
Deed $115,000 --
Deed $101,000 --
Deed $31,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $109,600 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $120,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $179,000 +59.4% $653 / Sq Ft
12/18/2020 12/18/20 Sold $112,270 +180.7% $410 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $40,000 -- $146 / 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
2024 $1,363 $97,700 $0 $0
2023 $1,270 $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

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Map

Source: Bright MLS

MLS Number: MDWO117842

Bright MLS

APN: 10-217989