NOT LISTED FOR SALE

Fountainhead Tower 11604 Coastal Hwy Ocean City, MD 21842

Estimated Value: $613,000 - $763,000

2 Beds
2 Baths
1,206 Sq Ft
$492/mo HOA Fee

Last Sold February 24, 2023

Last sale price $645,000 $535 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,669/month

193 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Primary bedroom faces the ocean
  • Coastal Architecture
  • Ocean City Elementary School Rated A
  • Open Floorplan
  • 2-minute walk to Jamestown Park

About This Home

As of February 2023

This spacious 2 bedroom, 2 baths End unit with an open floor plan, a large ocean front balcony with panoramic views of the beach and ocean, plus a private bay side balcony with phenomenal views of the open bay and city lights. You cannot ever miss a sun rise or sun set all year long. Enjoy the view of the ocean from the living area and the master bedroom. This unit is Turn-Key, fully furnished and ready for you to enjoy. Also enjoy the large out door pool, sun deck with tables, chairs and umbrellas, not to mention a tennis court and a direct entrance to the beach and ocean. Close to shopping, entertainment and restaurants.

Last Agent to Sell the Property

Tom Niemkiewicz

Long & Foster Real Estate, Inc. Listed on: 08/05/2022

Long & Foster Real Estate, Inc.

Co-Listed By

Salma Musa

Long & Foster Real Estate, Inc. License #SP102282

Last Buyer's Agent

Michael Thanner

Coldwell Banker Realty License #5006191

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,827

Year Built

  • Built in 1973

HOA Fees

  • $492 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Masonry

Interior Spaces

  • 1,206 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Outdoor Features

  • Water Access
  • Property is near an ocean

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Phone Available

Additional Features

  • Accessible Elevator Installed
  • 100 Feet of Waterfront
  • Flood Risk

Listing and Financial Details

  • Tax Lot 1010
  • Assessor Parcel Number 2410144280

Community Details

Overview

  • Association fees include common area maintenance, trash, water, management, exterior building maintenance, pool(s), cable TV
  • High-Rise Condominium
  • Fountainhead Towers CM Condos, Phone Number (410) 524-2378
  • Fountainhead Towers Community

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,827

Year Built

Built in 1973

Lot Details

0

HOA Fees

$492 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Coastal, Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: This spacious 2 bedroom, 2 baths End unit with an open floor plan, a large ocean front balcony with panoramic views of the beach and ocean, plus a private bay side balcony with phenomenal views of the open bay and city lights. You cannot ever miss a sun rise or sun set all year long. Enjoy the view of the ocean from the living area and the master bedroom. This unit is Turn-Key, fully furnished and ready for you to enjoy. Also enjoy the large out door pool, sun deck with tables, chairs and umbrellas, not to mention a tennis court and a direct entrance to the beach and ocean. Close to shopping, entertainment and restaurants.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Washer
  • Entry Floor: 10
  • Interior Amenities: Flat, Floor Plan - Open, Primary Bedroom - Ocean Front
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1206
  • Living Area Sq Ft: 1206
  • Price Per Sq Ft: 567.99
  • Above Grade Finished Sq Ft: 1206
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11604

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, Below Grade
  • Construction Materials: Masonry
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • 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
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Phone Available, Water Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1475.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Fountainhead Towers CM
  • Condo Co-Op Phone: 410-524-2378
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash, Water, Management, Ext Bldg Maint, Pool(s), Cable Tv
  • 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: U
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5409129
  • Tax Annual Amount: 4827.00
  • Assessor Parcel Number: 2410144280
  • Tax Lot: 1010
  • Tax Total Finished Sq Ft: 1206
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 02/24/2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Feb 24, 2023
Sold by
Mohamed Salah Negm and Mohamed Mona Negm
Bought by
Golnar Miamee Living Trust
Seller's Agent
Tom Niemkiewicz
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael Thanner
Coldwell Banker Realty
List Price
$695,000
Sold Price
$645,000
Premium/Discount to List
-$50,000
-7.19%
Views
175
Current Estimated Value
$696,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,757
Avg. Annual Appreciation
4.59%

Purchase Details

Closed on
May 31, 2007
Sold by
Negm M Salah and Negm Mona
Bought by
Mohamed Salah Negm and Mona Negm Revocable Living Trust

Purchase Details

Closed on
May 19, 2007
Sold by
Negm M Salah and Negm Mona
Bought by
Mohamed Salah Negm and Mona Negm Revocable Living Trust

Purchase Details

Closed on
Mar 5, 1997
Sold by
Fabrizio Francis V
Bought by
Negm M Salah and Negm Mona
Source: Public Records

Range of Values:

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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
Golnar Miamee Living Trust $645,000 Maryland Title
Mohamed Salah Negm -- --
Mohamed Salah Negm -- --
Negm M Salah $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Negm M Salah --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $645,000 -5.8% $535 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
09/12/2022 09/12/22 Price Changed $685,000 -1.4% $568 / Sq Ft
08/05/2022 08/05/22 For Sale $695,000 -- $576 / 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 $4,921 $528,567 $0 $0
2024 $4,921 $436,133 $0 $0
2023 $4,830 $343,700 $240,500 $103,200
2022 $4,813 $342,467 $0 $0
2021 $4,822 $341,233 $0 $0
2020 $4,804 $340,000 $238,000 $102,000
2019 $4,745 $333,567 $0 $0
2018 $4,607 $327,133 $0 $0
2017 $4,530 $320,700 $0 $0
2016 -- $320,700 $0 $0
2015 $4,761 $320,700 $0 $0
2014 $4,761 $328,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Niemkiewicz

    Seller's Agent in 2023

    Tom Niemkiewicz

    Long & Foster

    (410) 603-2136

    19 in this area

    22 Total Sales

    Tom Niemkiewicz
    Section Image
  • Salma Musa

    Seller Co-Listing Agent in 2023

    Salma Musa

    Long & Foster

    (301) 346-3559

    1 in this area

    11 Total Sales

    Salma Musa
    Section Image
  • Michael Thanner

    Buyer's Agent in 2023

    Michael Thanner

    Coldwell Banker Realty

    (443) 616-1092

    67 in this area

    96 Total Sales

    Michael Thanner
    Section Image
See All Agents

About Fountainhead Tower

Map

Source: Bright MLS

MLS Number: MDWO2009558

Bright MLS

APN: 10-144280

Maryland Worcester County Ocean City 21842

11604 Coastal Hwy, Ocean City, MD

This home is located at 11604 Coastal Hwy, Ocean City, MD 21842 since 05 August 2022 and is currently estimated at $696,757, approximately $577 per square foot. This property was built in 1973. 11604 Coastal Hwy is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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