NOT LISTED FOR SALE

12 61st St Unit 102 Ocean City, MD 21842

Estimated Value: $522,000 - $643,000

3 Beds
3 Baths
1,512 Sq Ft
0.47 Acres Lot

Sale Details

Date Sold: April 27, 2024

Last sale price $540,000 $357 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,316 / mo

276 Days on Market

Highlights

  • Building is oceanfront but unit may not have water views
  • Coastal Architecture
  • Combination Kitchen and Living
  • Ocean City Elementary School Rated A
  • Furnished
  • Community Pool

About This Home

As of April 2024

Welcome to Ocean Palms II, where luxury and coastal living intertwine to create the perfect oasis. This exquisite 3-bedroom, 3-bathroom condo is a true gem! The moment you enter this stunning condo, you'll be captivated by its generous layout and impeccable design. A highlight of this remarkable property is the large kitchen, which is a culinary enthusiasts's dream come true. The bedrooms in this condo are spacious, offering a tranquil retreat. One of the most impressive features of this condo is the balcony, providing breathtaking ocean views. Imagine sipping your morning coffee while basking in the warm sunlight. The balcony is an ideal spot for entertaining guests or simply unwinding after a long day. Ocean Palms II offers a host of exclusive amenities to enhance your lifestyle as this property features a rooftop pool, owner storage lockers, and a secure lobby. This condo epitomizes coastal living at its finest, with its superb location and luxurious features. Buyers and their agents should confirm any and all information to their satisfaction. Seller and sellers agent does not make any claims that measurements are accurate.

Last Agent to Sell the Property

Sharon Daugherty

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva License #SL3435144 Listed on: 06/28/2023

Keller Williams Realty Delmarva

Last Buyer's Agent

Sarah Rosenblit

(443) 856-2211 sarah.rosenblit@cbrealty.com Coldwell Banker Realty License #5005111

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,029

Year Built

  • Built in 2005

Lot Details

  • Building is oceanfront but unit may not have water views
  • Property is in excellent condition

HOA Fees

  • $583 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 1,512 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Combination Kitchen and Living
  • Dining Area

Kitchen

  • Built-In Oven
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • 2 Off-Street Spaces

Outdoor Features

  • Outdoor Shower
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 2410431212

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, pool(s), reserve funds
  • Low-Rise Community
  • Ocean Palms II Condos
  • Ocean Palms Community
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,029

Year Built

Built in 2005

Lot Details

0.47 Acres

HOA Fees

$583 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Personal items, items in closets.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Oven - Wall, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Wet/Dry Bar
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1512
  • Living Area Sq Ft: 1512
  • Price Per Sq Ft: 363.69
  • Above Grade Finished Sq Ft: 1512
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Outside Shower, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking 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
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1750.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Ocean Palms II
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Pool(s), Reserve Funds
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: 6
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5029.00
  • Assessor Parcel Number: 2410431212
  • Tax Lot: 102
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Apr 29, 2024
Sold by
Delauter Kirby E and Delauter Christine J
Bought by
Relghard Ryan Anthony and Reighard Cory A
Seller's Agent
Sharon Daugherty
Keller Williams Realty Delmarva
Buyer's Agent
Sarah Rosenblit
Coldwell Banker Realty
List Price
$615,000
Sold Price
$540,000
Premium/Discount to List
-$75,000
-12.2%
Views
592
Current Estimated Value
$603,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,098
Avg. Annual Appreciation
4.10%
Original Mortgage
$165,000
Outstanding Balance
$162,337
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$423,541

Purchase Details

Closed on
Oct 28, 2011
Sold by
Delauter Kirby
Bought by
Delauter Kirby E

Purchase Details

Closed on
Oct 17, 2011
Sold by
Delauter Kirby and Delauter Kim
Bought by
Delauter Kirby E and Delauter Christine J

Purchase Details

Closed on
Nov 3, 2005
Sold by
Ocean Palms Llc
Bought by
Delauter Delauter Kirby Kirby and Delauter Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,490
Interest Rate
5.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 30, 2005
Sold by
Ocean Palms Llc
Bought by
Delauter Delauter Kirby Kirby and Delauter Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,490
Interest Rate
5.78%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Relghard Ryan Anthony $540,000 First American Title
Relghard Ryan Anthony $540,000 First American Title
Relghard Ryan Anthony $540,000 First American Title
Relghard Ryan Anthony $540,000 First American Title
Delauter Kirby E -- --
Delauter Kirby E -- --
Delauter Kirby E -- Excalibur Title & Escrow Llc
Delauter Kirby E -- --
Delauter Kirby E -- Excalibur Title & Escrow Llc
Delauter Kirby E -- --
Delauter Delauter Kirby Kirby $574,900 --
Delauter Delauter Kirby Kirby $574,900 --
Delauter Delauter Kirby Kirby $574,900 --
Delauter Delauter Kirby Kirby $574,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Relghard Ryan Anthony $165,000
Closed Relghard Ryan Anthony $165,000
Previous Owner Delauter Delauter Kirby Kirby $57,490
Previous Owner Delauter Delauter Kirby Kirby $459,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2024 04/27/24 Sold $540,000 -1.8% $357 / Sq Ft
03/16/2024 03/16/24 Price Changed $549,900 -4.4% $364 / Sq Ft
03/10/2024 03/10/24 Price Changed $575,000 -1.7% $380 / Sq Ft
03/05/2024 03/05/24 Price Changed $585,000 -2.5% $387 / Sq Ft
02/07/2024 02/07/24 Price Changed $599,900 -1.7% $397 / Sq Ft
12/18/2023 12/18/23 Price Changed $609,999 -0.8% $403 / Sq Ft
06/28/2023 06/28/23 For Sale $615,000 -- $407 / Sq Ft
Source: Bright MLS

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 $6,166 $451,533 $0 $0
2024 $5,640 $404,167 $0 $0
2023 $5,014 $356,800 $178,400 $178,400
2022 $5,014 $356,800 $178,400 $178,400
2021 $5,042 $356,800 $178,400 $178,400
2020 $5,041 $356,800 $178,400 $178,400
2019 $5,062 $355,800 $0 $0
2018 $4,997 $354,800 $0 $0
2017 $4,998 $353,800 $0 $0
2016 $4,740 $353,800 $0 $0
2015 $4,740 $353,800 $0 $0
2014 $4,740 $378,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2014840

Bright MLS

APN: 10-431212

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