NOT LISTED FOR SALE

12 56th St Unit 201 Ocean City, MD 21842

Estimated Value: $394,000 - $438,000

3 Beds
2 Baths
980 Sq Ft
$200/mo HOA Fee

Last Sold February 15, 2022

Last sale price $376,000 $384 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,754/month

5 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Forced Air Heating and Cooling System
  • Ocean City Elementary School Rated A
  • Ceramic Tile Flooring
  • Dogs and Cats Allowed

About This Home

As of February 2022

If you love long walks on the beach, sipping pina coladas or drinking coffee on your balcony, then this condo is for you! This end unit condo offers 3 bedrooms, 2 full baths open kitchen and generous living room concept. Storage bin underneath the building marked 201. You get 2 parking spaces not assigned. Condos in this building rarely come on the market so don't wait! Steps to the beach, walking distance of many wonderful restaurants, shopping and nightly entertainment. This one is going to sell fast so hurry!

Last Agent to Sell the Property

Leslie Smith

(410) 251-8688 lesliesmithsellsocmd@gmail.com Sheppard Realty Inc Listed on: 01/25/2022

Last Buyer's Agent

Barak Sky

(301) 742-5759 baraksky@gmail.com Serhant License #SP600552

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,254

Year Built

  • Built in 1974

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Built-Up Roof
  • Modular or Manufactured Materials
  • Masonry

Interior Spaces

  • 980 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ocean Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Property is in good condition
  • Flood Risk

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 2410074118

Community Details

Overview

  • Low-Rise Condominium
  • Starfish II 56 East Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,254

Year Built

Built in 1974

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Refrigerator, Stove, Washer/Dryer Stacked
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 980
  • Living Area Sq Ft: 980
  • Price Per Sq Ft: 367.35
  • Above Grade Finished Sq Ft: 980
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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, Masonry, Modular/Manufactured
  • Roof: Built-Up
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot, Off Street
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 600.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Self managed
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • 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

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5403203
  • Tax Annual Amount: 3254.00
  • Assessor Parcel Number: 2410074118
  • Tax Lot: 201
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2025
Sold by
Hammond Michael Glenn and Hammond Catherine Louise
Bought by
Kavetsky Robert and Kavetsky Carolyn
Current Estimated Value
$418,131

Purchase Details

Listed on
Jan 25, 2022
Closed on
Feb 15, 2022
Sold by
Carroll B Dority Jr Trustee Under The Re
Bought by
Hammond Michael Glenn and Hammond Catherine Louise
Seller's Agent
Leslie Smith
Sheppard Realty Inc
Buyer's Agent
Barak Sky
Serhant
List Price
$360,000
Sold Price
$376,000
Premium/Discount to List
$16,000
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%

Purchase Details

Closed on
Dec 23, 1997
Sold by
Dority Carroll B and Dority Marybeth R
Bought by
Dority Carroll B Jr Trustees and Marybeth R Dority Trustee

Purchase Details

Closed on
May 2, 1984
Sold by
Callahan William D and Callahan Helen C
Bought by
Dority Carroll B and Dority Marybeth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
13.73%

Purchase Details

Closed on
May 27, 1981
Sold by
Shaw George A and Shaw Janice B
Bought by
Callahan William D and Callahan Helen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
16.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kavetsky Robert $385,000 Eagle Title
Kavetsky Robert $385,000 Eagle Title
Hammond Michael Glenn $376,000 First American Title
Dority Carroll B Jr Trustees -- --
Dority Carroll B $80,000 --
Callahan William D $57,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dority Carroll B $72,000
Previous Owner Callahan William D $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2022 02/15/22 Sold $376,000 +4.4% $384 / Sq Ft
01/25/2022 01/25/22 For Sale $360,000 -- $367 / 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 $4,260 $311,967 $0 $0
2024 $3,783 $271,133 $0 $0
2023 $3,237 $230,300 $115,100 $115,200
2022 $3,237 $230,300 $115,100 $115,200
2021 $3,254 $230,300 $115,100 $115,200
2020 $3,267 $230,300 $115,100 $115,200
2019 $3,276 $230,300 $115,100 $115,200
2018 $3,244 $230,300 $115,100 $115,200
2017 $3,367 $252,800 $0 $0
2016 -- $237,133 $0 $0
2015 $3,528 $221,467 $0 $0
2014 $3,528 $205,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2005146

Bright MLS

APN: 10-074118