$885,000
SOLD OCT 2, 2024

The Irene 11100 Coastal Hwy Ocean City, MD 21842

3 Beds
2 Baths
1,380 Sq Ft
$965/mo HOA Fee

Recently Sold

$641 Per Sq Ft

3 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Ocean View
  • Fitness Center
  • Ocean City Elementary School Rated A
  • Primary bedroom faces the ocean
  • Gourmet Kitchen

About This Home

As of October 2024

This exquisite 17th-floor end-unit condominium epitomizes luxury living and truly shows like a model home. With oceanside and bay-view private balconies, you'll enjoy stunning vistas from every angle. The open floor plan is elegantly designed with a breakfast bar and high-end upgrades, including custom-built cabinetry, sleek pocket doors, ceramic tile, plantation shutters, and sophisticated recessed lighting. Stylish shiplap ceilings and a feature wall in the primary bedroom add a touch of coastal charm. The primary bedroom has access to a private section of the oceanfront balcony. 3rd bedroom currently utilized as a den. Recent updates include glass sliding doors, entry doors, and a hot water heater, ensuring comfort and convenience. The unit also features professionally organized closets with mirrored doors, seamlessly blending style with functionality. This residence truly shows like a model home—don’t miss the opportunity to make it yours! Unit was not a rental.

Last Agent to Sell the Property

Lynne Ferrante

Berkshire Hathaway HomeServices PenFed Realty Listed on: 08/15/2024

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Mitchell David

Sheppard Realty Inc License #636139

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,808

Year Built

  • Built in 1974

Lot Details

  • 100 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

  • $965 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

Interior Spaces

  • 1,380 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Partially Furnished
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Multiple Balconies

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1707
  • Assessor Parcel Number 2410134587

Community Details

Overview

  • Association fees include common area maintenance, trash, exterior building maintenance, management
  • High-Rise Condominium
  • Irene Condos
  • Irene Community
  • Property Manager

Amenities

  • Common Area
  • Game Room
  • 3 Elevators

Recreation

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,808

Year Built

Built in 1974

Lot Details

0

HOA Fees

$965 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: ask list agent for list of items
  • Inclusions: ask list agent for list of items
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-08-15
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Remarks Public: This exquisite 17th-floor end-unit condominium epitomizes luxury living and truly shows like a model home. With oceanside and bay-view private balconies, you'll enjoy stunning vistas from every angle. The open floor plan is elegantly designed with a breakfast bar and high-end upgrades, including custom-built cabinetry, sleek pocket doors, ceramic tile, plantation shutters, and sophisticated recessed lighting. Stylish shiplap ceilings and a feature wall in the primary bedroom add a touch of coastal charm. The primary bedroom has access to a private section of the oceanfront balcony. 3rd bedroom currently utilized as a den. Recent updates include glass sliding doors, entry doors, and a hot water heater, ensuring comfort and convenience. The unit also features professionally organized closets with mirrored doors, seamlessly blending style with functionality. This residence truly shows like a model home—don’t miss the opportunity to make it yours! Unit was not a rental.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Oven/Range - Electric, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Entry Floor: 17
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Upgraded Countertops, Window Treatments
  • Fireplace: No
  • Elevators Count: 3
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1380
  • Living Area Sq Ft: 1380
  • Price Per Sq Ft: 641.30
  • Above Grade Finished Sq Ft: 1380
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11100

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Concrete
  • View: Ocean, Bay
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: 2896.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Irene
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Game Room, Pool - Indoor, Exercise Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash, Ext Bldg Maint, Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 6808.00
  • Assessor Parcel Number: 2410134587
  • Tax Lot: 1707
  • Tax Total Finished Sq Ft: 1380
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 10/02/2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Sep 30, 2024
Sold by
Donna Lee Smith Revocable Trust and Smith Donna Lee
Bought by
Forese Michael P and Forese Jeanne
Seller's Agent
Lynne Ferrante
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Mitchell David
Sheppard Realty Inc
List Price
$885,000
Sold Price
$885,000
Views
30
Current Estimated Value
$916,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,939
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
May 17, 2024
Sold by
Revocable Trust and Smith Donna Lee
Bought by
Revocable Trust Agreement Of Donna Lee Smith and Smith

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jul 1, 2020
Sold by
Zoglio Eugene M and Zoglio Paulette T
Bought by
Smith Donna L
Seller's Agent
Melanie Shoff
Coastal Life Realty Group LLC
Buyer's Agent
Patricia Baglieri
Long & Foster Real Estate, Inc.
List Price
$678,000
Sold Price
$645,000
Premium/Discount to List
-$33,000
-4.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$483,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 1995
Sold by
Mcliverty Theresa F
Bought by
Baxivanos Vincent W and Baxivanos Marie J

Purchase Details

Closed on
Sep 20, 1988
Sold by
Mele Angelo and Mele Aida S
Bought by
Mcliverty Theresa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
10.4%
Source: Public Records

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Range of Values:

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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 $885,000 Ocean Investments Title
Deed $885,000 Ocean Investments Title
Deed -- None Listed On Document
Deed $645,000 None Available
Deed $195,000 --
Deed $154,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $483,750 New Conventional
Previous Owner $138,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Sold $885,000 0.0% $641 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $885,000 +37.2% $641 / Sq Ft
07/01/2020 07/01/20 Sold $645,000 -4.9% $467 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $678,000 -- $491 / 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 $6,828 $526,200 $0 $0
2024 $6,828 $504,600 $0 $0
2023 $6,750 $483,000 $338,100 $144,900
2022 $6,668 $476,533 $0 $0
2021 $6,643 $470,067 $0 $0
2020 $6,550 $463,600 $324,500 $139,100
2019 $6,524 $458,567 $0 $0
2018 $6,388 $453,533 $0 $0
2017 $6,367 $448,500 $0 $0
2016 -- $448,500 $0 $0
2015 $5,664 $448,500 $0 $0
2014 $5,664 $449,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2022622

Bright MLS

APN: 10-134587