NOT LISTED FOR SALE

11602 Coastal Hwy Ocean City, MD 21842

Estimated Value: $651,000 - $902,000

3 Beds
2 Baths
1,300 Sq Ft
1968 Built

Last Sold November 03, 2015

Last sale price $359,000 $276 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $4,680/month

58 Days on Market

Highlights

  • Ocean View
  • Sandy Beach
  • Private Pool
  • Ocean City Elementary School Rated A
  • Public Water Access
  • 2-minute walk to Jamestown Park

About This Home

As of November 2015

This 3 bedroom 2 bathroom 3rd floor condo offers an amazing view and no condo fees. Large rooms and a great balcony are perfect for entertaining or having your entire family spend vacation time together. An ideal location for family use or investment opportunity. This great property is priced to sell and includes 4 parking spaces, pool access, as well as an efficiency unit on the ground level!

Last Agent to Sell the Property

Theo Harris

EXP Realty, LLC Listed on: 07/13/2015

EXP Realty, LLC

Last Buyer's Agent

Cleopatra Pappas

American Premier Realty, LLC License #594641

American Premier Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,219

Year Built

  • Built in 1968

Lot Details

  • Sandy Beach
  • Public Beach
  • Property is in very good condition

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Double Pane Windows
  • Window Treatments
  • Sitting Room
  • Living Room
  • Dining Room
  • Utility Room
  • Washer and Dryer Hookup
  • Wood Flooring
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • Parking Space Number Location: 4
  • Free Parking
  • Parking Space Conveys

Outdoor Features

  • Private Pool
  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed

Schools

  • Stephen Decatur High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2410144655

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Fountainhead I Community
  • The community has rules related to parking rules

Recreation

  • Community Pool
  • Fishing Allowed

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,219

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1968
  • Remarks Public: This 3 bedroom 2 bathroom 3rd floor condo offers an amazing view and no condo fees. Large rooms and a great balcony are perfect for entertaining or having your entire family spend vacation time together. An ideal location for family use or investment opportunity. This great property is priced to sell and includes 4 parking spaces, pool access, as well as an efficiency unit on the ground level!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Cooktop, Oven - Wall, Range Hood, Refrigerator, Water Heater
  • Interior Amenities: Breakfast Area, Dining Area, Primary Bath(s), Entry Level Bedroom, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Kitchen, Bedroom 1, Utility Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Price Per Sq Ft: 288.38
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11602

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
  • Construction Materials: Vinyl Siding
  • Pool Private: Yes
  • View: Water, Ocean, Street
  • View: Yes
  • Water Access Features: Fishing Allowed, Swimming Allowed, Public Beach, Public Access
  • Water Access: No
  • Water Body Name: OCEAN
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys, Under Home Parking, Free
  • Parking Space Number Assigned: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 1.00
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Rules: Parking, Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • High School: STEPHEN DECATUR
  • School District Key: 121138066543
  • High School: STEPHEN DECATUR

Lot Info

  • Improvement Assessed Value: 120900.00
  • Land Assessed Value: 282100.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4219.49
  • Assessor Parcel Number: 2410144655
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 11/03/2015

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2015
Closed on
Nov 3, 2015
Sold by
Ploussiou Antonios
Bought by
Walker William J and Walker Leslie A
Seller's Agent
Theo Harris
EXP Realty, LLC
Buyer's Agent
Cleopatra Pappas
American Premier Realty, LLC
List Price
$375,000
Sold Price
$359,000
Premium/Discount to List
-$16,000
-4.27%
Current Estimated Value
$767,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,607
Avg. Annual Appreciation
8.20%
Original Mortgage
$399,400
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 1996
Sold by
Ohayon Simon
Bought by
Ploussiou Antonios

Purchase Details

Closed on
Aug 11, 1992
Sold by
Lentz Joseph F and Lentz Richard B
Bought by
Ohayon Simon

Purchase Details

Closed on
Dec 19, 1984
Sold by
Krejci John J
Bought by
Lentz Joseph F and Lentz Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
13.2%
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
Walker William J $359,000 Commercial Title Co Llc
Ploussiou Antonios $142,000 --
Ohayon Simon $107,600 --
Lentz Joseph F $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker William J $350,000
Open Walker William J $4,055,500
Closed Walker William J $405,500
Closed Walker William J $399,400
Previous Owner Lentz Joseph F $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2015 11/03/15 Sold $359,000 -4.2% $276 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
08/10/2015 08/10/15 Price Changed $374,900 0.0% $288 / Sq Ft
07/13/2015 07/13/15 For Sale $375,000 -- $288 / 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 $6,062 $517,300 $0 $0
2024 $6,062 $434,400 $0 $0
2023 $4,955 $351,500 $246,000 $105,500
2022 $4,940 $351,500 $246,000 $105,500
2021 $4,967 $351,500 $246,000 $105,500
2020 $4,986 $351,500 $246,000 $105,500
2019 $4,986 $351,500 $246,000 $105,500
2018 $4,951 $351,500 $246,000 $105,500
2017 $5,291 $403,000 $0 $0
2016 -- $372,667 $0 $0
2015 $4,605 $342,333 $0 $0
2014 $4,605 $312,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003752259

Bright MLS

APN: 10-144655