Seller's Agent in 2021
Matthew James
Coldwell Banker Realty
(443) 944-1356
11 in this area
14 Total Sales
11610 Coastal Hwy Ocean City, MD 21842
Estimated Value: $1,035,000 - $1,324,000
4
Beds
3
Baths
1,784
Sq Ft
$315/mo
HOA Fee
Highlights
- Ocean Front
- Access to Tidal Water
- Coastal Architecture
- Ocean City Elementary School Rated A
- Penthouse
- 3-minute walk to Jamestown Park
About This Home
As of June 2021Possibly the best Oceanfront views in Ocean City! For those looking for something special, Fountainhead 1 #71 is a special place worth taking the time to visit. With unobstructed ocean views to the east, north, and south, from inside the condo or from the spacious wrap around balcony, this beachfront condo is truly a rare find. There are three large bedrooms, two full bathrooms, kitchen, dining room, and laundry, on the main level, and an additional bath, laundry, and fourth bedroom included with a ground level efficiency apartment. Plus, there is a large storage shed for bikes, beach chairs, and fishing gear. With direct beach access, private parking, and incredible ocean views, this is the ultimate Ocean City beach house! Access to the Fountainhead Towers pool is available for an annual fee of $650. Buyers must honor July and August 2021 Rentals.
Last Agent to Sell the Property
Coldwell Banker Realty License #662750 Listed on: 03/25/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,057
Year Built
- Built in 1966
Lot Details
- Ocean Front
- Home fronts navigable water
HOA Fees
- $315 Monthly HOA Fees
Property Views
- Ocean
- Panoramic
Home Design
- Penthouse
- Coastal Architecture
- Flat Roof Shape
- Piling Construction
- HardiePlank Type
- Stick Built Home
Interior Spaces
- Property has 1 Level
- Furnished
Bedrooms and Bathrooms
Parking
- 2 Parking Spaces
- 2 Attached Carport Spaces
- Parking Lot
Outdoor Features
- Access to Tidal Water
- Water Access
- Property is near an ocean
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Electric Water Heater
- Municipal Trash
Additional Features
- More Than Two Accessible Exits
- Flood Risk
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 71
- Assessor Parcel Number 10-144884
Community Details
Overview
- Association fees include common area maintenance, insurance, management
- Low-Rise Condominium
- Fountainhead I Condos
- Fountainhead I Community
- Property Manager
Recreation
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2021
Closed on
Jun 25, 2021
Sold by
Mj Beach Properties Lcl
Bought by
Dlabich Paul and Dlabich Kaylen Lisa
Seller's Agent
Matthew James
Coldwell Banker Realty
Buyer's Agent
Matthew James
Coldwell Banker Realty
List Price
$1,050,000
Sold Price
$985,000
Premium/Discount to List
-$65,000
-6.19%
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
$209,015
Avg. Annual Appreciation
4.71%
Original Mortgage
$550,000
Outstanding Balance
$499,040
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$694,975
Purchase Details
Closed on
Aug 12, 2016
Sold by
James Michael J and James Marilyn B
Bought by
Mj Beach Properties Llc
Purchase Details
Closed on
Mar 2, 2004
Sold by
James Michael J
Bought by
James James Michael J Michael J and James Marilyn B
Purchase Details
Closed on
May 27, 2003
Sold by
Main Donald B
Bought by
James Michael J
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 |
|---|---|---|---|
| Dlabich Paul | $985,000 | Ocean Investments Title Corp | |
| Mj Beach Properties Llc | $540 | Attorney | |
| James James Michael J Michael J | -- | -- | |
| James Michael J | $535,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dlabich Paul | $550,000 | |
| Previous Owner | Mj Beach Properties Llc | $400,000 | |
| Previous Owner | James Michael | $400,000 | |
| Closed | James Michael J | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2021 06/25/21 | Sold | $985,000 | 0.0% | $552 / Sq Ft |
| 04/21/2021 04/21/21 | Pending | -- | -- | -- |
| 04/03/2021 04/03/21 | Price Changed | $985,000 | -6.2% | $552 / Sq Ft |
| 03/25/2021 03/25/21 | For Sale | $1,050,000 | -- | $589 / 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 | $8,712 | $749,233 | $0 | $0 |
| 2024 | $8,712 | $624,367 | $0 | $0 |
| 2023 | $7,020 | $499,500 | $349,600 | $149,900 |
| 2022 | $7,020 | $499,500 | $349,600 | $149,900 |
| 2021 | $7,058 | $499,500 | $349,600 | $149,900 |
| 2020 | $7,057 | $499,500 | $349,600 | $149,900 |
| 2019 | $7,106 | $499,500 | $349,600 | $149,900 |
| 2018 | $7,035 | $499,500 | $349,600 | $149,900 |
| 2017 | $7,201 | $561,900 | $0 | $0 |
| 2016 | $5,916 | $507,200 | $0 | $0 |
| 2015 | $5,916 | $452,500 | $0 | $0 |
| 2014 | $5,916 | $397,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew James
Map
Source: Bright MLS
MLS Number: MDWO120958
APN: 10-144884
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