Seller's Agent in 2020
Crystal Rhoad
Newport Bay Realty
(410) 726-2912
6 in this area
25 Total Sales
11610 Coastal Hwy Ocean City, MD 21842
Estimated Value: $589,000 - $915,000
3
Beds
2
Baths
1,560
Sq Ft
$411/mo
HOA Fee
Highlights
- Ocean View
- Primary bedroom faces the ocean
- Access to Tidal Water
- Ocean City Elementary School Rated A
- Beach
- 3-minute walk to Jamestown Park
About This Home
As of November 2020Welcome to a rarely available beachfront property located just steps from the Ocean City shoreline. Enjoy your own private entrance - no lobby or high-touch areas to cross as you come and go from your private retreat. Spacious and airy floor-plan, this property boasts all of the comforts for easy, independent beach living. Inside is thoughtfully updated with LVP flooring, contemporary high-end finishes, decor and is being sold Fully Furnished. Open concept living/dining area, 3 spacious bedrooms, and 2 bathrooms, plus versatile flex spaces which offer additional guest sleeping areas, if needed. Option and space to easily add a 3rd bathroom within the unit. Outside enjoy private beach access... simply follow the path to the sand. Secure over-sized 2 car garage with added under-deck storage, outdoor shower, large composite deck, and private parking for up to 5 vehicles.... this property is ready to be your ultimate private beach retreat, and/or income generating rental property. Consistent rental income of $30,000+ accomplished within the 12 week period it has been offered. Future owner(s) could easily realize even greater rental income by extending rental availability into the shoulder and off-seasons. Built by locally renowned Jim Caine in the earliest phase of North Ocean City's development, the initial concept for this building was a model and showroom for the Fountainhead Towers. It has been 16 years since the last transfer of ownership in this 3-unit building. Don't miss your opportunity to own a rich piece of Ocean City's history, and your very own unique, turn-key oceanfront getaway.
Last Agent to Sell the Property
Newport Bay Realty License #RB-0031071 Listed on: 09/25/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,886
Year Built
- Built in 1966
Lot Details
- Sandy Beach
- Backs To Open Common Area
- 1 Common Wall
- Southeast Facing Home
- Cleared Lot
- Property is in excellent condition
HOA Fees
- $411 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 3 Driveway Spaces
- Parking Storage or Cabinetry
- Front Facing Garage
- Parking Space Conveys
- 5 Assigned Parking Spaces
- Secure Parking
Home Design
- Coastal Architecture
- Contemporary Architecture
- Frame Construction
- Piling Construction
- Stick Built Home
Interior Spaces
- 1,560 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Dual Staircase
- Ceiling Fan
- Electric Fireplace
- Window Treatments
- Combination Dining and Living Room
- Ocean Views
Kitchen
- Built-In Oven
- Gas Oven or Range
- Built-In Range
- Dishwasher
Flooring
- Partially Carpeted
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary bedroom faces the ocean
- 2 Full Bathrooms
- Soaking Tub
- Bathtub with Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Access to Tidal Water
- Water Oriented
- Oceanside
- Shared Waterfront
- Deck
- Exterior Lighting
- Outdoor Storage
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Berlin Middle School
- Stephen Decatur High School
Utilities
- Forced Air Heating and Cooling System
- 60 Gallon+ Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Tax Lot 74
- Assessor Parcel Number 10-144981
Community Details
Overview
- Association fees include common area maintenance, insurance, lawn maintenance, management, reserve funds, trash
- Low-Rise Condominium
- Fountainhead I Condo Association Condos, Phone Number (410) 524-2378
- Built by James B. Caine
- Fountainhead I Community
Amenities
- Common Area
Recreation
- Beach
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2020
Closed on
Nov 13, 2020
Sold by
Altemose Daniel A
Bought by
Dosik Marc and Dosik Jill
Seller's Agent
Crystal Rhoad
Newport Bay Realty
Buyer's Agent
Marc Dosik
Century 21 Redwood Realty
List Price
$579,900
Sold Price
$580,000
Premium/Discount to List
$100
0.02%
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
$179,241
Avg. Annual Appreciation
7.89%
Original Mortgage
$464,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 2016
Sold by
Altemose Daniel A and Altemose Karen S
Bought by
Altemose Daniel A
Purchase Details
Closed on
Jun 25, 2004
Sold by
Tiger Time Inc & C T Hough Inc
Bought by
Altemose Altemose Daniel A Daniel A and Altemose Karen S
Purchase Details
Closed on
Apr 26, 2004
Sold by
Tkb Llc
Bought by
Tiger Time Inc & C T Hough Inc
Purchase Details
Closed on
Apr 16, 2002
Sold by
Topper Guy A and Topper Donna L
Bought by
Tkb Llc
Purchase Details
Closed on
Nov 21, 2000
Sold by
Atschreiter Franz
Bought by
Topper Guy A and Topper Donna L
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 |
|---|---|---|---|
| Dosik Marc | $580,000 | First American Title Ins Co | |
| Altemose Daniel A | -- | Attorney | |
| Altemose Altemose Daniel A Daniel A | $540,000 | -- | |
| Tiger Time Inc & C T Hough Inc | -- | -- | |
| Tkb Llc | $410,000 | -- | |
| Topper Guy A | $240,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dosik Marc | $329,800 | |
| Previous Owner | Dosik Marc | $464,000 | |
| Closed | Topper Guy A | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/13/2020 11/13/20 | Sold | $580,000 | 0.0% | $372 / Sq Ft |
| 10/08/2020 10/08/20 | Pending | -- | -- | -- |
| 09/25/2020 09/25/20 | For Sale | $579,900 | -- | $372 / 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 | $5,432 | $432,800 | $0 | $0 |
| 2024 | $5,432 | $389,300 | $0 | $0 |
| 2023 | $4,860 | $345,800 | $242,000 | $103,800 |
| 2022 | $4,860 | $345,800 | $242,000 | $103,800 |
| 2021 | $4,887 | $345,800 | $242,000 | $103,800 |
| 2020 | $4,886 | $345,800 | $242,000 | $103,800 |
| 2019 | $4,919 | $345,800 | $242,000 | $103,800 |
| 2018 | $4,870 | $345,800 | $242,000 | $103,800 |
| 2017 | $5,249 | $384,900 | $0 | $0 |
| 2016 | -- | $369,700 | $0 | $0 |
| 2015 | $5,152 | $354,500 | $0 | $0 |
| 2014 | $5,152 | $339,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Crystal Rhoad
-
Marc Dosik
Buyer's Agent in 2020
Marc Dosik
Century 21 Redwood Realty
(301) 910-9976
2 in this area
156 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO116508
APN: 10-144981
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