NOT LISTED FOR SALE

11700 Coastal Hwy Unit T706 Ocean City, MD 21842

Estimated Value: $552,021 - $591,000

2 Beds
2 Baths
936 Sq Ft
$351/mo HOA Fee

Last Sold January 30, 2021

Last sale price $349,900 $374 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,886/month

36 Days on Market

Highlights

  • Primary bedroom faces the ocean
  • Beach
  • Access to Tidal Water
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • 3-minute walk to Jamestown Park

About This Home

As of January 2021

Wonderful investment property! Annual income of over $40,000.00 per year. This Two Bedroom Deluxe unit has a 30 foot direct Oceanfront Balcony from your living room and master bedroom as well as your Bayside balcony view! The Carousel has amenities like no other building in Ocean City. From the world famous Ice Rink that is open all year to the indoor and outdoor pools, hot tub, sauna, fitness center, game room, pickleball courts, 24 hour security and Atrium Bistro that proudly serves Starbucks products. Don't wait - schedule a viewing today.

Last Agent to Sell the Property

Cheryl Potenza

Coldwell Banker Realty License #669125 Listed on: 12/08/2020

Coldwell Banker Realty

Last Buyer's Agent

Michael Ross

Newport Bay Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,032

Year Built

  • Built in 1975

Lot Details

  • Home fronts navigable water
  • Public Beach
  • West Facing Home

HOA Fees

  • $351 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Parking Lot
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Dryvit Stucco
  • Stucco

Interior Spaces

  • 936 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Combination Kitchen and Dining Room

Kitchen

  • Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Access to Tidal Water
  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed

Schools

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

Utilities

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

Additional Features

  • Doors are 32 inches wide or more
  • Flood Risk

Listing and Financial Details

  • Tax Lot T706
  • Assessor Parcel Number 10-146283

Community Details

Overview

  • Association fees include cable TV, common area maintenance, high speed internet, insurance, management, trash
  • High-Rise Condominium
  • Carousel Center Condominium Condos, Phone Number (410) 524-4865
  • Carousel Community

Amenities

  • Gift Shop
  • Sauna
  • Game Room
  • Bar or Lounge
  • 4 Elevators
  • Community Storage Space

Recreation

  • Beach
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,032

Year Built

Built in 1975

Lot Details

0

HOA Fees

$351 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Wonderful investment property! Annual income of over $40,000.00 per year. This Two Bedroom Deluxe unit has a 30 foot direct Oceanfront Balcony from your living room and master bedroom as well as your Bayside balcony view! The Carousel has amenities like no other building in Ocean City. From the world famous Ice Rink that is open all year to the indoor and outdoor pools, hot tub, sauna, fitness center, game room, pickleball courts, 24 hour security and Atrium Bistro that proudly serves Starbucks products. Don't wait - schedule a viewing today.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Dryer, Refrigerator, Washer, Water Heater
  • Entry Floor: 7
  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Open, Primary Bedroom - Ocean Front
  • Fireplace: No
  • Elevators Count: 4
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 936
  • Living Area Sq Ft: 936
  • Price Per Sq Ft: 373.82
  • Above Grade Finished Sq Ft: 936
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11700

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: Concrete, Dryvit, Stucco
  • Roof: Flat
  • Spa: No
  • Water Access Features: Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Garage, Parking Lot
  • Parking Garage 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
  • Security: 24 Hour Security, Fire Detection System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Fixed Wireless

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 350.98
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Carousel Center Condominium
  • Condo Co-Op Phone: 410.524.4865
  • HOA Condo Co-Op Amenities: Bar/Lounge, Beach, Elevator, Exercise Room, Extra Storage, Fitness Center, Game Room, Gift Shop, Hot Tub, Pool - Indoor, Pool - Outdoor, Sauna, Security
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, High Speed Internet, Insurance, Management, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site, Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Heated, Indoor

Fee Information

  • Loss Mitigation Fee?: 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

  • Horses: No
  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 40000.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5409290
  • Tax Annual Amount: 4032.00
  • Assessor Parcel Number: 10-146283
  • Tax Lot: T706
  • Tax Total Finished Sq Ft: 936
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/30/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Jan 30, 2021
Sold by
Shaner Jeremy D and Shaner Keri A
Bought by
Gustafson Marianne U
Seller's Agent
Cheryl Potenza
Coldwell Banker Realty
Buyer's Agent
Michael Ross
Newport Bay Realty
List Price
$349,900
Sold Price
$349,900
Current Estimated Value
$568,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,855
Avg. Annual Appreciation
11.19%

Purchase Details

Closed on
Sep 9, 2017
Sold by
Leiner Bruce C and Leiner Cynthia H
Bought by
Shaner Keri A and Shaner Jeremy D

Purchase Details

Closed on
Mar 4, 2016
Sold by
Larann Properties Llc
Bought by
Leiner Bruce C and Leiner Cynthia H

Purchase Details

Closed on
Mar 20, 2009
Sold by
Leiner Bruce C and Leiner Cynthia A
Bought by
Larann Properties Llc

Purchase Details

Closed on
Jun 30, 2000
Sold by
Desell Roy
Bought by
Leiner Bruce C and Leiner Cynthia A

Purchase Details

Closed on
Oct 28, 1997
Sold by
Desell Roy J and Desell Jo
Bought by
Desell Roy
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
Gustafson Marianne U $349,900 Ocean Investments Title Corp
Shaner Keri A $290,000 Resort Land Title & Escrow L
Leiner Bruce C $243,919 Attorney
Larann Properties Llc $405,000 --
Leiner Bruce C $178,900 --
Desell Roy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Leiner Bruce C --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2021 01/30/21 Sold $349,900 0.0% $374 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $349,900 0.0% $374 / Sq Ft
01/09/2021 01/09/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $349,900 0.0% $374 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
12/08/2020 12/08/20 For Sale $349,900 -- $374 / 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 $5,524 $459,533 $0 $0
2024 $5,524 $395,867 $0 $0
2023 $4,669 $332,200 $232,500 $99,700
2022 $4,449 $316,600 $0 $0
2021 $4,253 $301,000 $0 $0
2020 $4,060 $285,400 $199,700 $85,700
2019 $4,060 $285,400 $199,700 $85,700
2018 $4,020 $285,400 $199,700 $85,700
2017 $4,101 $292,900 $0 $0
2016 -- $288,867 $0 $0
2015 $3,819 $284,833 $0 $0
2014 $3,819 $280,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Potenza

    Seller's Agent in 2021

    Cheryl Potenza

    Coldwell Banker Realty

    (410) 845-9759

    9 in this area

    9 Total Sales

    Cheryl Potenza
    Section Image
  • Michael Ross

    Buyer's Agent in 2021

    Michael Ross

    Newport Bay Realty

    (301) 751-7741

    27 in this area

    50 Total Sales

    Michael Ross
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO118904

Bright MLS

APN: 10-146283

Maryland Worcester County Ocean City 21842

11700 Coastal Hwy Unit T706, Ocean City, MD

This home is located at 11700 Coastal Hwy Unit T706, Ocean City, MD 21842 since 08 December 2020 and is currently estimated at $568,755, approximately $607 per square foot. This property was built in 1975. 11700 Coastal Hwy Unit T706 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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