NOT LISTED FOR SALE

11 91st St Ocean City, MD 21842

Estimated Value: $277,268 - $519,000

1 Bed
1 Bath
608 Sq Ft
$125/mo HOA Fee

Last Sold August 31, 2020

Last sale price $213,500 $351 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,159/month

Highlights

  • Water Oriented
  • Ceramic Tile Flooring
  • Property is in very good condition
  • Ocean City Elementary School Rated A
  • Electric Baseboard Heater

About This Home

As of August 2020

Welcome to your new beach getaway!! Situated on the northeast corner of the building, overlooking the ocean, this quaint condo unit is offered fully furnished and ready for it's new owner to come move in! Unit has been updated in recent years and has been meticulously cared for, perfect for those summer getaways, and has a stable vacation rental history. The building offers covered parking, storage area for all your beach toys, and an outdoor shower. Call today for a private showing!

Last Agent to Sell the Property

William Brown

(443) 859-7200 will.brown@lnf.com EXP Realty, LLC Listed on: 06/29/2020

EXP Realty, LLC

Last Buyer's Agent

Karen Russo

(410) 262-7320 karen.russo@longandfoster.com Long & Foster Real Estate, Inc. License #650228

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,911

Year Built

  • Built in 1971

Lot Details

  • 5,271

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Built-Up Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 608 Sq Ft Home
  • Property has 2 Levels
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Water Oriented
  • Property is near an ocean

Schools

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

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition
  • Flood Risk

Community Details

  • Association fees include exterior building maintenance
  • Low-Rise Condominium
  • Tim Mark Community

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 104
  • Assessor Parcel Number 10-103894

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,911

Year Built

Built in 1971

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: All furniture, items in unit.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your new beach getaway!! Situated on the northeast corner of the building, overlooking the ocean, this quaint condo unit is offered fully furnished and ready for it's new owner to come move in! Unit has been updated in recent years and has been meticulously cared for, perfect for those summer getaways, and has a stable vacation rental history. The building offers covered parking, storage area for all your beach toys, and an outdoor shower. Call today for a private showing!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Flooring Type: Ceramic Tile
  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 608
  • Living Area Sq Ft: 608
  • Price Per Sq Ft: 356.91
  • Above Grade Finished Sq Ft: 608
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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: Brick, Vinyl Siding
  • Roof: Built-Up
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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: 1500.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint
  • HOA: No
  • Senior Community: 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: 2020
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 20000.00
  • Vacation Rental: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5405622
  • Tax Annual Amount: 1911.00
  • Assessor Parcel Number: 10-103894
  • Tax Lot: 104
  • Tax Total Finished Sq Ft: 608
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/31/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 31, 2020
Sold by
Cagle Karen
Bought by
Resident Virginia and Mccormack Laura Francine
Seller's Agent
William Brown
EXP Realty, LLC
Buyer's Agent
Karen Russo
Long & Foster Real Estate, Inc.
List Price
$217,000
Sold Price
$213,500
Premium/Discount to List
-$3,500
-1.61%
Current Estimated Value
$345,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,817
Avg. Annual Appreciation
9.87%
Original Mortgage
$160,125
Outstanding Balance
$142,100
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$203,217

Purchase Details

Listed on
Dec 12, 2018
Closed on
Mar 11, 2019
Sold by
Speicher Christopher and Speicher Peggy Lyn
Bought by
Cagle Karen
Seller's Agent
Ann Buxbaum
Northrop Realty
Buyer's Agent
Jennifer Ciorrocco
Coastal Life Realty Group LLC
List Price
$220,000
Sold Price
$195,000
Premium/Discount to List
-$25,000
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$156,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2018
Sold by
Aversa Alex E and Aversa Kari M
Bought by
Speicher Christopher W and Speicher Peggy Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2013
Sold by
Grebe John C and Grebe Susan E
Bought by
Aversa Alex E and Aversa Kari M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,350
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 1989
Sold by
Bell Hilliard W
Bought by
Grebe John C and Grebe Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
10.69%
Source: Public Records

Range of Values:

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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
Resident Virginia $213,500 Ocean Investments Title Corp
Cagle Karen $195,000 Real Estate Title & Escrow
Speicher Christopher W $180,000 Sage Title Group Llc
Aversa Alex E $178,200 Maryland Title Service
Grebe John C $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Resident Virginia $160,125
Previous Owner Cagle Karen $156,000
Previous Owner Speicher Christopher W $135,000
Previous Owner Aversa Alex E $160,350
Previous Owner Grebe John C $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2020 08/31/20 Sold $213,500 -1.6% $351 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $217,000 0.0% $357 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $217,000 +11.3% $357 / Sq Ft
03/11/2019 03/11/19 Sold $195,000 -2.5% $321 / Sq Ft View Prior Sale
02/06/2019 02/06/19 Pending -- -- --
01/30/2019 01/30/19 Price Changed $200,000 -9.1% $329 / Sq Ft
12/12/2018 12/12/18 For Sale $220,000 -- $362 / 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 $2,432 $187,433 $0 $0
2024 $2,432 $174,267 $0 $0
2023 $2,264 $161,100 $80,500 $80,600
2022 $2,139 $152,167 $0 $0
2021 $2,024 $143,233 $0 $0
2020 $1,911 $134,300 $67,100 $67,200
2019 $1,911 $134,300 $67,100 $67,200
2018 $1,892 $134,300 $67,100 $67,200
2017 $2,143 $152,000 $0 $0
2016 -- $150,967 $0 $0
2015 $2,211 $149,933 $0 $0
2014 $2,211 $148,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO114746

Bright MLS

APN: 10-103894