NOT LISTED FOR SALE

1201 Atlantic Ave Unit 404 Ocean City, MD 21842

Ocean City Area

Estimated Value: $339,000 - $371,000

1 Bed
1 Bath
512 Sq Ft
1979 Built

Sale Details

Date Sold: August 4, 2017

Last sale price $180,000 $352 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,543 / mo

70 Days on Market

Highlights

  • Ocean View
  • Indoor Pool
  • Deck
  • Ocean City Elementary School Rated A
  • Property is near an ocean
  • Furnished

About This Home

As of August 2017

Absolutely Fabulous views of the Ocean, Beach and Boardwalk! This 1BR unit is located on the south side of the Decatur House which is an oceanfront building! You can walk right out to the beach or boardwalk! The building features an indoor pool, elevator and parking. If you choose to rent this unit has a great rental history! The balcony is fantastic and an awesome place to watch the sun rise, or just view the beach and boardwalk! Great Price to be so close to the beach!

Last Agent to Sell the Property

Katy Durham

(443) 856-2211 kdurham@cbmove.com Coldwell Banker Realty Listed on: 04/07/2017

Coldwell Banker Realty

Co-Listed By

Katy Durham and Rick Meehan

(443) 856-2211 rmeehan@cbmove.com Coldwell Banker Realty

Last Buyer's Agent

Walter Taraila

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Built-Up Roof
  • Piling Construction
  • Stick Built Home
  • Dryvit Stucco
  • Masonry

Interior Spaces

  • 512 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Indoor Pool
  • Outdoor Shower

Outdoor Features

  • Property is near an ocean
  • Balcony
  • Deck

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Cleared Lot
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 404
  • Assessor Parcel Number 037379

Community Details

Overview

  • 50 Units
  • Mid-Rise Community
  • Decatur House Community

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0 Sq Ft Lot

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Window A/C Unit(s)
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1979
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Entry Level Bedroom, Window Treatments
  • Window Features: Insulated, Screens
  • Foundation Details: Pilings
  • Levels Count: 1
  • Living Area Units: Square Feet
  • Total Sq Ft: 512
  • Living Area Sq Ft: 512
  • Price Per Sq Ft: 370.90
  • Above Grade Finished Sq Ft: 512
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Dryvit, Stick Built
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Pool Features: Indoor
  • Roof: Built-Up
  • View: Ocean, Water
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Water Frontage Type: Ocean
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3300.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Indoor
  • HOA: No
  • Community Pool Features: Indoor

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning Description: R3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 14835.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 037379
  • Tax Lot: 404
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Aug 4, 2017
Sold by
Durham James C and Durham Nelida M
Bought by
Seller's Agent
Katy Durham
Coldwell Banker Realty
Buyer's Agent
Walter Taraila
Keller Williams Realty Delmarva
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Current Estimated Value
$359,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,168
Avg. Annual Appreciation
7.90%
Original Mortgage
$100,000
Outstanding Balance
$80,156
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$279,012

Purchase Details

Closed on
May 13, 2002
Sold by
Renard Henry F
Bought by
Durham James C and Durham Nelida M

Purchase Details

Closed on
Jun 27, 2000
Sold by
Renard Henry F
Bought by
Renard Henry F and O'neal Josephine G
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ocean City, MD

  • Tim Arnett Real Estate Agent - ERA Martin Associates

    Tim Arnett

    ERA Martin Associates

    (667) 303-1431

    134 Total Sales

    4 in Ocean City

    $30K - $350K Price Range

    Tim Arnett
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  • Marco Smith Real Estate Agent - Worthington Realty Group, LLC

    Marco Smith

    Worthington Realty Group, LLC

    (443) 727-1736

    116 Total Sales

    2 in Ocean City

    $235K - $310K Price Range

    Marco Smith
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  • Joyce Melbourne Husman Real Estate Agent - Berkshire Hathaway HomeServices PenFed Realty - OP

    Joyce Melbourne Husman

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (667) 230-5612

    26 Total Sales

    16 in Ocean City

    $339K - $1.7M Price Range

    Joyce Melbourne Husman
     Section Image
  • Alex Monsalve Real Estate Agent - Realty Of America, LLC

    Alex Monsalve

    Responds Quickly

    Realty Of America, LLC

    (833) 432-5202

    17 Total Sales

    1 in Ocean City

    $559,990 Price

    Alex Monsalve
     Section Image
  • Liz Keyser Real Estate Agent - LPT Realty, LLC

    Liz Keyser

    LPT Realty, LLC

    (667) 270-8279

    106 Total Sales

    3 in Ocean City

    $230K - $490K Price Range

    Liz Keyser
     Section Image
  • Trent Gladstone Real Estate Agent - The KW Collective

    Trent Gladstone

    The KW Collective

    (667) 218-4642

    263 Total Sales

    2 in Ocean City

    $375K - $530K Price Range

    Trent Gladstone
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$180,000 Ocean Investments Title Corp
Durham James C $162,000 --
Renard Henry F -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/04/2017 08/04/17 Sold $180,000 -5.2% $352 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $189,900 -- $371 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,551 $304,600 $213,200 $91,400
2025 $3,551 $260,067 $0 $0
2024 $3,007 $215,533 $0 $0
2023 $2,403 $171,000 $119,700 $51,300
2022 $2,403 $171,000 $119,700 $51,300
2021 $2,416 $171,000 $119,700 $51,300
2020 $2,416 $171,000 $119,700 $51,300
2019 $2,321 $163,133 $0 $0
2018 $2,187 $155,267 $0 $0
2017 $2,082 $147,400 $0 $0
2016 -- $147,400 $0 $0
2015 $2,697 $147,400 $0 $0
2014 $2,697 $176,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katy Durham Real Estate Agent - Coldwell Banker Realty

    Seller's Agent in 2017

    Katy Durham

    Coldwell Banker Realty

    (410) 726-2398

    53 Total Sales

    Katy Durham
    Section Image
  • Walter Taraila Real Estate Agent - Keller Williams Realty Delmarva

    Buyer's Agent in 2017

    Walter Taraila

    Keller Williams Realty Delmarva

    (410) 726-2454

    59 Total Sales

    Walter Taraila
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000515676

Bright MLS

APN: 10-037379

Maryland Worcester County Ocean City 21842

1201 Atlantic Ave Unit 404, Ocean City, MD

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