NOT LISTED FOR SALE

1201 Atlantic Ave Unit 405 Ocean City, MD 21842

Estimated Value: $345,000 - $399,000

1 Bed
1 Bath
554 Sq Ft
$550/mo HOA Fee

Last Sold December 04, 2018

Last sale price $225,000 $406 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,882/month

44 Days on Market

Highlights

  • Ocean View
  • Home fronts navigable water
  • Furnished
  • Ocean City Elementary School Rated A
  • Water Access
  • Community Pool

About This Home

As of December 2018

Direct Ocean Front Unit overlooking Ocean City's famous Boardwalk. One of the most desirable units in the building with a southern exposure. Although this unit is not used as a rental, there is excellent potential for rental income, A/C / Heat units, living room and bedroom. Newer kitchen with built in microwave. Washer /Dryer stack unit, Reserved parking space plus plenty of extra spaces for guests. Enclosed indoor swimming pool. Condo fees $3300 per year. Building is very well maintained Operating Account and Capital Reserve fund well over $900,000.00 combined. Unit comes with like new furniture. This property is a bargain at this price.

Last Agent to Sell the Property

John Romeo

Bruce Howe Realty Listed on: 09/24/2018

Last Buyer's Agent

Candi Noyes

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,605

Year Built

  • Built in 1979

Lot Details

  • Home fronts navigable water
  • Two or More Common Walls
  • East Facing Home
  • Property is in very good condition

HOA Fees

Home Design

  • Built-Up Roof

Interior Spaces

  • 554 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Insulated Windows
  • Sliding Doors
  • Ocean Views
  • Crawl Space

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 98 Open Parking Spaces
  • 98 Parking Spaces
  • Private Parking
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Balcony

Location

  • Flood Risk

Schools

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

Utilities

  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Phone Available

Listing and Financial Details

  • Tax Lot 2937
  • Assessor Parcel Number 10-037425

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, lawn care side, management, pool(s), reserve funds, trash, water
  • 50 Units
  • Decatur House Council Of Unit Ownwers HOA
  • Mid-Rise Condominium
  • Built by Hubsher Construction
  • Decatur House Community
  • Property Manager

Amenities

  • 1 Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,605

Year Built

Built in 1979

Lot Details

0

HOA Fees

$550 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: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1979
  • Remarks Public: Direct Ocean Front Unit overlooking Ocean City's famous Boardwalk. One of the most desirable units in the building with a southern exposure. Although this unit is not used as a rental, there is excellent potential for rental income, A/C / Heat units, living room and bedroom. Newer kitchen with built in microwave. Washer /Dryer stack unit, Reserved parking space plus plenty of extra spaces for guests. Enclosed indoor swimming pool. Condo fees $3300 per year. Building is very well maintained Operating Account and Capital Reserve fund well over $900,000.00 combined. Unit comes with like new furniture. This property is a bargain at this price.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet
  • Window Features: Insulated
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 3
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 554
  • Living Area Sq Ft: 554
  • Price Per Sq Ft: 414.98
  • Above Grade Finished Sq Ft: 554
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1201

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Concrete
  • Exterior Features: Outside Shower
  • Roof: Built-Up
  • Spa: No
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Open Parking Spaces Count: 98
  • Parking Features: Assigned, Lighted Parking, Paved Parking, Private
  • Total Garage And Parking Spaces: 98
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 825.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 825.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Lawn Care Side, Management, Pool(s), Reserve Funds, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: DECATUR HOUSE COUNCIL OF UNIT OWNWERS
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Filtered, In Ground

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2017
  • Zoning: R-3
  • Zoning Description: R 3
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Hubsher Construction

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5400199
  • Tax Annual Amount: 2605.00
  • Assessor Parcel Number: 10-037425
  • Tax Lot: 2937
  • Tax Total Finished Sq Ft: 554
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 12/04/2018

Multi Family

  • Federal Flood Zone: AF

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Nov 30, 2018
Sold by
Weaver Patricia A
Bought by
Nese Yuksel Mike and Nese Yuksel
Seller's Agent
John Romeo
Bruce Howe Realty
Buyer's Agent
Candi Noyes
Coldwell Banker Realty
List Price
$229,900
Sold Price
$225,000
Premium/Discount to List
-$4,900
-2.13%
Current Estimated Value
$377,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,874
Avg. Annual Appreciation
8.86%

Purchase Details

Closed on
Apr 19, 1989
Sold by
Caulfield Howard D and Edna Mae
Bought by
Weaver Kenna J and Weaver Patricia A

Purchase Details

Closed on
Feb 27, 1984
Sold by
Shapiro William H
Bought by
Caulfield Howard D and Edna Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
13.25%
Source: Public Records

Range of Values:

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
Nese Yuksel Mike $225,000 Mid Atlantic Title & Escrow
Weaver Kenna J $119,900 --
Caulfield Howard D $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caulfield Howard D $75,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2018 12/04/18 Sold $225,000 -2.1% $406 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
10/06/2018 10/06/18 For Sale $229,900 0.0% $415 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $229,900 -- $415 / 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 $3,277 $285,267 $0 $0
2024 $3,277 $234,833 $0 $0
2023 $2,592 $184,400 $129,000 $55,400
2022 $2,592 $184,400 $129,000 $55,400
2021 $2,606 $184,400 $129,000 $55,400
2020 $2,605 $184,400 $129,000 $55,400
2019 $2,623 $184,400 $129,000 $55,400
2018 $2,597 $184,400 $129,000 $55,400
2017 $3,193 $224,900 $0 $0
2016 -- $224,900 $0 $0
2015 $3,723 $224,900 $0 $0
2014 $3,723 $243,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    John Romeo

    Bruce Howe Realty

    (410) 726-8626

    2 in this area

    2 Total Sales

    Section Image
  • Candi Noyes

    Buyer's Agent in 2018

    Candi Noyes

    Coldwell Banker Realty

    (410) 524-1203

    83 in this area

    103 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1006477088

Bright MLS

APN: 10-037425

Maryland Worcester County Ocean City 21842

1201 Atlantic Ave Unit 405, Ocean City, MD

This home is located at 1201 Atlantic Ave Unit 405, Ocean City, MD 21842 since 24 September 2018 and is currently estimated at $380,666, approximately $687 per square foot. This property was built in 1979. 1201 Atlantic Ave Unit 405 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes