NOT LISTED FOR SALE

12 77th St Unit 201 Ocean City, MD 21842

Estimated Value: $441,835 - $491,000

2 Beds
2 Baths
1,005 Sq Ft
1974 Built

Sale Details

Date Sold: October 25, 2021

Last sale price $382,500 $381 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,093 / mo

Highlights

  • Coastal Architecture
  • Cooling System Mounted In Outer Wall Opening
  • Property is in excellent condition
  • Ocean City Elementary School Rated A
  • Luxury Vinyl Plank Tile Flooring
  • Heat Pump System

About This Home

As of October 2021

See the pride of ownership in this picture perfect 2 Bedroom, 2 Bath condo located just one building off the ocean in mid-town Ocean City. This absolutely gorgeous, completely renovated beach getaway is perfect for both personal use, as an investment or perhaps a little of both! Fantastic rental history over the last 2 years but no obligations made for 2022. Updates completed in the last 4 years include new A/C units, Hot Water Heater, all Kitchen Appliances, Quartz countertops, complete Bathroom Renovations with tiled showers, new vanities and toilets, all new Furnishings and Mattresses. This condo has been Pre-Inspected, comes Fully Furnished as shown and is ready for immediate use in relaxation therapy.
The building offers Assigned Parking private Storage Locker for each unit. Very proactive, well managed condo association and Low Condo Fees at $3,420 Annually. Condo Budget available upon request. Schedule your Showing before this one is gone!

Last Agent to Sell the Property

Lauren Hudson

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva License #RS-0024702 Listed on: 09/20/2021

Keller Williams Realty Delmarva

Last Buyer's Agent

Bethany Drew

(410) 208-9200 debbie@hilemanrealestate.com Hileman Real Estate-Berlin License #RS0015490

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,825

Year Built

  • Built in 1974

Lot Details

  • Property is in excellent condition

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 2nd floor
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,005 Sq Ft Home
  • Property has 1 Level
  • Luxury Vinyl Plank Tile Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 201
  • Assessor Parcel Number 10-087708

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management
  • Low-Rise Community
  • Brazilian Sun Community
  • Property Manager

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,825

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Inclusions: Mostly Furnished. 2 Smart TVs, 3- AC's, beds, tables, dresser, wall art, cabinets, tables, chairs, sleep sofa, lamps, Kitchen items.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-09-20
  • Federal Flood Zone: No
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Flooring Type: Luxury Vinyl Plank
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1005
  • Living Area Sq Ft: 1005
  • Price Per Sq Ft: 363.18
  • Above Grade Finished Sq Ft: 1005
  • Above Grade Finished Area Units: Square Feet

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: Stick Built, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 855.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5404290
  • Tax Annual Amount: 2825.00
  • Assessor Parcel Number: 10-087708
  • 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

Listed on
Sep 20, 2021
Closed on
Oct 25, 2021
Sold by
Morrow James R and Morrow Joyce A
Bought by
Eng Jordan L and Kurrle Ryan D
Seller's Agent
Lauren Hudson
Keller Williams Realty Delmarva
Buyer's Agent
Bethany Drew
Hileman Real Estate-Berlin
List Price
$365,000
Sold Price
$382,500
Premium/Discount to List
$17,500
4.79%
Current Estimated Value
$461,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,256
Avg. Annual Appreciation
4.03%
Original Mortgage
$344,250
Outstanding Balance
$314,604
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$142,855

Purchase Details

Closed on
May 5, 2017
Sold by
Wheeler Gerard H and Wheeler Grace E
Bought by
Morrow James R and Morrow Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1991
Sold by
Nazarian George N
Bought by
Wheeler Gerard H and Wheeler Grace E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eng Jordan L $382,500 Maryland Title Service
Morrow James R $210,000 None Available
Wheeler Gerard H $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eng Jordan L $344,250
Previous Owner Morrow James R $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Sold $382,500 +4.8% $381 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $365,000 -- $363 / 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 $4,112 $301,100 $0 $0
2024 $3,495 $250,500 $0 $0
2023 $2,809 $199,900 $99,900 $100,000
2022 $2,809 $199,900 $99,900 $100,000
2021 $2,825 $199,900 $99,900 $100,000
2020 $2,760 $199,900 $99,900 $100,000
2019 $2,768 $194,567 $0 $0
2018 $2,665 $189,233 $0 $0
2017 $2,611 $183,900 $0 $0
2016 -- $183,900 $0 $0
2015 $2,726 $183,900 $0 $0
2014 $2,726 $183,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2001862

Bright MLS

APN: 10-087708

Your Personal Tour Guide

Ask me questions while you tour the home.