$530,000
SOLD JAN 25, 2025

The Irene 11100 Coastal Hwy Ocean City, MD 21842

2 Beds
2 Baths
1,104 Sq Ft
$985/mo HOA Fee

Recently Sold

$480 Per Sq Ft

17% Below List Price

120 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Ocean View
  • Furnished
  • Ocean City Elementary School Rated A
  • Fitness Center
  • Community Pool

About This Home

As of January 2025

Experience breathtaking sunrises and beautiful ocean views from the expansive oceanfront balcony. The open floor plan seamlessly integrates the living room, dining area, and kitchen, all offering stunning ocean vistas. The kitchen boasts updated solid surface counters with a convenient breakfast bar. In 2018, the furnishings and stainless steel appliances were replaced, providing a modern and stylish touch. The water heater was recently replaced in 2023, ensuring optimal functionality. The heat and air conditioning was also upgraded in 2018, providing consistent comfort year-round. This condo features tile flooring throughout for a clean and contemporary look. Situated on the 3rd floor, accessing the condo via the stairs is convenient, particularly during the bustling summer season when the elevator is in high demand. Additionally, the oceanfront balcony is equipped with storm shutters for added peace of mind and the unit also comes with a bayside balcony that includes private storage. Irene amenities include 3 elevators, sauna, game room, exercise room, huge oceanfront deck with beach access, newly remodeled lobby & owners community room, on-site management and 1 assigned parking spot & an additional unassigned parking spot. Irene's convenient location at 111th St. is close to restaurants, grocery stores, shopping, entertainment, Little Salisbury Park at 94th and much more.

Last Agent to Sell the Property

Dave Whittington

Coastal Life Realty Group LLC License #520693 Listed on: 09/06/2024

Last Buyer's Agent

Tamar Nazarian

Coastal Life Realty Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,289

Year Built

  • Built in 1974

Lot Details

  • 200 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water

HOA Fees

  • $985 Monthly HOA Fees

Home Design

  • Masonry

Interior Spaces

  • 1,104 Sq Ft Home
  • Property has 1 Level
  • Furnished

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Assigned parking located at #305
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 305
  • Assessor Parcel Number 2410134234

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, pool(s), reserve funds, trash, water
  • High-Rise Condominium
  • Irene Community
  • Property Manager

Amenities

  • Common Area
  • Game Room
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,289

Year Built

Built in 1974

Lot Details

0

HOA Fees

$985 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: End table & TV in living room. Items in owners closet and bayside balcony closet.
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-09-12
  • Federal Flood Zone: No
  • Year Built: 1974
  • Assigned Parking Space Numbers: 305
  • Automatically Close On Close Date: No
  • Remarks Public: Experience breathtaking sunrises and beautiful ocean views from the expansive oceanfront balcony. The open floor plan seamlessly integrates the living room, dining area, and kitchen, all offering stunning ocean vistas. The kitchen boasts updated solid surface counters with a convenient breakfast bar. In 2018, the furnishings and stainless steel appliances were replaced, providing a modern and stylish touch. The water heater was recently replaced in 2023, ensuring optimal functionality. The heat and air conditioning was also upgraded in 2018, providing consistent comfort year-round. This condo features tile flooring throughout for a clean and contemporary look. Situated on the 3rd floor, accessing the condo via the stairs is convenient, particularly during the bustling summer season when the elevator is in high demand. Additionally, the oceanfront balcony is equipped with storm shutters for added peace of mind and the unit also comes with a bayside balcony that includes private storage. Irene amenities include 3 elevators, sauna, game room, exercise room, huge oceanfront deck with beach access, newly remodeled lobby & owners community room, on-site management and 1 assigned parking spot & an additional unassigned parking spot. Irene's convenient location at 111th St. is close to restaurants, grocery stores, shopping, entertainment, Little Salisbury Park at 94th and much more.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1104
  • Living Area Sq Ft: 1104
  • Price Per Sq Ft: 543.39
  • Above Grade Finished Sq Ft: 1104
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11100

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 200

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2956.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Reserved/Assigned Parking, Swimming Pool, Game Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Balcony, Balconies- Multiple
  • Year Assessed: 2024
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5289.00
  • Assessor Parcel Number: 2410134234
  • Tax Lot: 305
  • Tax Total Finished Sq Ft: 1104
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 01/25/2025

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Jan 19, 2025
Sold by
Irene Condominium Association Inc and Council Of Unit Owners Of The Irene Cond
Bought by
Draper Jared Bradley and Draper Nicole Michele
Seller's Agent
Dave Whittington
Coastal Life Realty Group LLC
Buyer's Agent
Tamar Nazarian
Coastal Life Realty Group LLC
List Price
$635,000
Sold Price
$530,000
Premium/Discount to List
-$105,000
-16.54%
Views
47
Current Estimated Value
$562,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,281
Avg. Annual Appreciation
11.54%

Purchase Details

Listed on
Sep 6, 2024
Closed on
Jan 15, 2025
Sold by
Draper Jared Bradley and Draper Nicole Michele
Bought by
Diarbi Talin and Diarbi Dikran
Seller's Agent
Dave Whittington
Coastal Life Realty Group LLC
Buyer's Agent
Tamar Nazarian
Coastal Life Realty Group LLC
List Price
$635,000
Sold Price
$530,000
Premium/Discount to List
-$105,000
-16.54%
Views
47

Purchase Details

Listed on
Oct 24, 2018
Closed on
May 7, 2019
Sold by
Angster Family Llc
Bought by
Draper Jared Bradley and Draper Nicole Michele
Seller's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
Buyer's Agent
Kevin Decker
Coastal Life Realty Group LLC
List Price
$369,900
Sold Price
$325,000
Premium/Discount to List
-$44,900
-12.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$260,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2007
Sold by
Jerome Angster
Bought by
Angster Family Llc

Purchase Details

Closed on
Oct 15, 2007
Sold by
Jerome Angster
Bought by
Jerome Angster

Purchase Details

Closed on
Aug 30, 2007
Sold by
Jerome Angster
Bought by
Angster Family Llc
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 -- Maryland Title
Deed -- Maryland Title
Deed -- Maryland Title
Deed $530,000 Maryland Title
Deed $530,000 Maryland Title
Deed $325,000 Resort Land T&E Llc
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2025 01/25/25 Sold $530,000 -11.7% $480 / Sq Ft
01/04/2025 01/04/25 Pending -- -- --
11/30/2024 11/30/24 Price Changed $599,900 -2.5% $543 / Sq Ft
10/10/2024 10/10/24 Price Changed $615,000 -3.1% $557 / Sq Ft
09/06/2024 09/06/24 For Sale $635,000 +95.4% $575 / Sq Ft
05/07/2019 05/07/19 Sold $325,000 -7.1% $294 / Sq Ft
03/22/2019 03/22/19 Pending -- -- --
02/04/2019 02/04/19 Price Changed $349,900 -2.8% $317 / Sq Ft
11/30/2018 11/30/18 Price Changed $359,900 -2.7% $326 / Sq Ft
10/24/2018 10/24/18 For Sale $369,900 -- $335 / 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 $5,273 $377,867 $0 $0
2023 $4,591 $326,700 $228,600 $98,100
2022 $4,591 $326,700 $228,600 $98,100
2021 $4,617 $326,700 $228,600 $98,100
2020 $4,757 $336,700 $235,600 $101,100
2019 $4,790 $336,700 $235,600 $101,100
2018 $4,742 $336,700 $235,600 $101,100
2017 $4,613 $342,200 $0 $0
2016 -- $324,900 $0 $0
2015 $4,054 $307,600 $0 $0
2014 $4,054 $290,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2023074

Bright MLS

APN: 10-134234