Seller's Agent in 2022
Nicholas Bobenko
Coastal Life Realty Group LLC
(443) 614-9179
158 in this area
193 Total Sales
Fountainhead Tower 11604 Coastal Hwy Ocean City, MD 21842
Estimated Value: $421,224 - $489,000
1
Bed
1
Bath
810
Sq Ft
$350/mo
HOA Fee
Highlights
- 234 Feet of Waterfront
- Ocean View
- Fitness Center
- Ocean City Elementary School Rated A
- Access to Tidal Water
- 2-minute walk to Jamestown Park
About This Home
As of January 2022Prime oceanfront living at the Fountainhead Towers in Ocean City, MD. At 810 sq. ft. this condo features one of the largest one bedroom oceanfront floorplans available in Ocean City. Open living area with a large living room, separate dining area and full kitchen. The kitchen has been beautifully updated and features a breakfast counter, designer cabinets, stainless-steel appliances and granite countertops. Centrally located bathroom has been updated with newer vanity, vanity top, fixtures and tile shower surround. Large bedroom is in the rear of the condo and its space offers a variety of configuration options. The condo has been very well maintained and features luxury vinyl plank flooring throughout, updated furniture, storm shutters and a newer HVAC system. There are not one, but two large balconies. The first is a private balcony on the oceanfront that offers great views of the beach and ocean. The second is a private balcony on the bayside with nice views of the bay and awesome sunsets. Fountainhead Towers has a great amenity package that includes an outdoor pool, beachfront sundeck, storage closet, security, multiple elevators, tennis courts, fitness center and onsite management. Building is close to shopping, restaurants and entertainment. The condo is being sold fully furnished and equipped. Come live the good life on the oceanfront at Fountainhead Towers.
Last Agent to Sell the Property
Coastal Life Realty Group LLC Listed on: 12/08/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,067
Year Built
- Built in 1973
Lot Details
- 234 Feet of Waterfront
- Home fronts navigable water
- Cleared Lot
HOA Fees
- $350 Monthly HOA Fees
Parking
- Parking Lot
Property Views
Home Design
- Flat Roof Shape
- Slab Foundation
- Piling Construction
Interior Spaces
- 810 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Ceiling Fan
- Dining Area
Kitchen
- Electric Oven or Range
- Stove
- Built-In Microwave
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Access to Tidal Water
- Water Access
- Property is near an ocean
- Multiple Balconies
Location
- Flood Risk
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 809
- Assessor Parcel Number 2410143799
Community Details
Overview
- Association fees include cable TV, common area maintenance, exterior building maintenance, insurance, management, reserve funds, trash, water
- High-Rise Condominium
- Fountainhead Towers Community
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Additional Features
- Elevator
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2021
Closed on
Jan 4, 2022
Sold by
Boss Edward C
Bought by
Toy Llc
Seller's Agent
Nicholas Bobenko
Coastal Life Realty Group LLC
Buyer's Agent
Steve Wasser
1st Investors Realty, Inc.
List Price
$389,000
Sold Price
$391,500
Premium/Discount to List
$2,500
0.64%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,556
Avg. Annual Appreciation
3.59%
Purchase Details
Closed on
Jun 8, 2012
Sold by
Bishop Grace B
Bought by
Boss Edward C and Boss Donna C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 2010
Sold by
Bishop Grace B
Bought by
Bishop Grace B For Life
Purchase Details
Closed on
Aug 29, 2008
Sold by
Freeman Janis M
Bought by
Bishop Grace B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 19, 2008
Sold by
Freeman Janis M
Bought by
Bishop Grace B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 11, 2000
Sold by
Battista John S and Battista Joseph
Bought by
Freeman Janis M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Toy Llc | $391,500 | Chicago Title | |
| Boss Edward C | $240,000 | None Available | |
| Bishop Grace B For Life | -- | -- | |
| Bishop Grace B | $285,000 | -- | |
| Bishop Grace B | $285,000 | -- | |
| Freeman Janis M | $111,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Boss Edward C | $192,000 | |
| Previous Owner | Bishop Grace B | $228,000 | |
| Previous Owner | Bishop Grace B | $228,000 | |
| Previous Owner | Bishop Grace B | $228,000 | |
| Previous Owner | Freeman Janis M | $167,450 | |
| Closed | Freeman Janis M | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2022 01/10/22 | Sold | $391,500 | +0.6% | $483 / Sq Ft |
| 12/10/2021 12/10/21 | Pending | -- | -- | -- |
| 12/08/2021 12/08/21 | For Sale | $389,000 | -- | $480 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,823 | $317,200 | $0 | $0 |
| 2024 | $3,823 | $274,000 | $0 | $0 |
| 2023 | $3,244 | $230,800 | $161,500 | $69,300 |
| 2022 | $3,050 | $217,033 | $0 | $0 |
| 2021 | $2,872 | $203,267 | $0 | $0 |
| 2020 | $2,688 | $189,500 | $132,600 | $56,900 |
| 2019 | $2,696 | $189,500 | $132,600 | $56,900 |
| 2018 | $2,669 | $189,500 | $132,600 | $56,900 |
| 2017 | $3,027 | $216,200 | $0 | $0 |
| 2016 | -- | $213,233 | $0 | $0 |
| 2015 | $3,110 | $210,267 | $0 | $0 |
| 2014 | $3,110 | $207,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Bobenko
-
Steve Wasser
S
Buyer's Agent in 2022
Steve Wasser
1st Investors Realty, Inc.
(301) 537-8649
1 in this area
11 Total Sales
About Fountainhead Tower
Map
Source: Bright MLS
MLS Number: MDWO2004066
APN: 10-143799
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