NOT LISTED FOR SALE

1201 Atlantic Ave Unit 503 Ocean City, MD 21842

Estimated Value: $332,000 - $360,000

1 Bed
1 Bath
512 Sq Ft
$358/mo HOA Fee

Last Sold May 13, 2024

Last sale price $362,000 $707 Per Sq Ft

Current estimated payment $2,572/month

13 Days on Market

Highlights

  • Beach
  • Private Pool
  • Gift Shop
  • Ocean City Elementary School Rated A
  • Halls are 36 inches wide or more
  • Dogs and Cats Allowed

About This Home

As of May 2024

Fifth floor unit is like new and sold fully furnished. Upgraded kitchen fictures, new cabitets,, countertop, refridgerator, above stove microwave and more. Living room offers a new sliding glass door, new heat pump and a new 50 gallon hot water heater.. The sofa and love seat are both sofa beds. The sofa is a full size and the loveseat is a twin. Bathroom is upgraded with a new vanity, and tile floor. Bedroom includes a new heat pump and is furnished with two double beds and more. Plenty of parking wih 99 spaces and a reserved spot for this Unit. Other amenities include an Indoor heated pool, and an on sight resteraunt and convenience store, on the BoardwalkSchedule a showing soon, before this unit is gone!

Last Agent to Sell the Property

John Romeo

Bruce Howe Realty Listed on: 03/01/2024

Last Buyer's Agent

Shawn Kotwica

Coldwell Banker Realty License #653192

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,410

Year Built

  • Built in 1979

Lot Details

  • 87

HOA Fees

  • $358 Monthly HOA Fees

Parking

  • Off-Site Parking

Home Design

  • 512 Sq Ft Home
  • Stucco

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more

Schools

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

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • Private Pool
  • Flood Risk

Listing and Financial Details

  • Tax Lot 503
  • Assessor Parcel Number 2410036925

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), reserve funds, snow removal, trash, water
  • Mid-Rise Condominium
  • Decatur House Community
  • Property has 5 Levels

Amenities

  • Gift Shop

Recreation

  • Beach

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,410

Year Built

Built in 1979

Lot Details

0

HOA Fees

$358 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Accessibility Features: 36"+ Wide Halls, Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Remarks Public: Fifth floor unit is like new and sold fully furnished. Upgraded kitchen fictures, new cabitets,, countertop, refridgerator, above stove microwave and more. Living room offers a new sliding glass door, new heat pump and a new 50 gallon hot water heater.. The sofa and love seat are both sofa beds. The sofa is a full size and the loveseat is a twin. Bathroom is upgraded with a new vanity, and tile floor. Bedroom includes a new heat pump and is furnished with two double beds and more. Plenty of parking wih 99 spaces and a reserved spot for this Unit. Other amenities include an Indoor heated pool, and an on sight resteraunt and convenience store, on the Boardwalk Schedule a showing soon, before this unit is gone!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 5
  • Fireplace: No
  • Levels Count: 5
  • Room List: Bedroom 1
  • Basement: No
  • Total Sq Ft: 512
  • Living Area Sq Ft: 512
  • Price Per Sq Ft: 742.19
  • Above Grade Finished Sq Ft: 512
  • 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, Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • 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

  • HOA Fees: 1075.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Beach, Cable, Elevator, Gift Shop
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Reserve Funds, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: 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

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2410.00
  • Assessor Parcel Number: 2410036925
  • Tax Lot: 503
  • Tax Total Finished Sq Ft: 512
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/13/2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 13, 2024
Sold by
Hudgins John Matthew and Hudgins Kimberly Jo
Bought by
Imageworks Holdings Maryland Llc
Seller's Agent
John Romeo
Bruce Howe Realty
Buyer's Agent
Shawn Kotwica
Coldwell Banker Realty
List Price
$380,000
Sold Price
$362,000
Premium/Discount to List
-$18,000
-4.74%
Views
49
Current Estimated Value
$360,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,773
Avg. Annual Appreciation
-3.01%
Original Mortgage
$289,600
Outstanding Balance
$287,012
Interest Rate
8.47%
Mortgage Type
New Conventional
Estimated Equity
$61,412

Purchase Details

Closed on
Mar 24, 2017
Sold by
Cocozello Lawrence M and Cocozello Kimberly A
Bought by
Hudgns John Matthew and Hudgns Kimberly Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 3, 2008
Sold by
Us Bank National Assocation
Bought by
Kimberly Cocozello and Cocozello Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2008
Sold by
Suntrust Mortgage Inc
Bought by
Us Bank National Assocation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2008
Sold by
Us Bank National Assocation
Bought by
Kimberly Cocozello and Cocozello Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2004
Sold by
Margaret Barker Elizabeth
Bought by
Salmon James F and Salmon Lucinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 1, 2004
Sold by
Margaret Barker Elizabeth
Bought by
Salmon James F and Salmon Lucinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 3, 1996
Sold by
Brigitte Dencker
Bought by
Margaret Barker Elizabeth and Barker Charles Paul
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
Imageworks Holdings Maryland Llc $362,000 None Listed On Document
Hudgns John Matthew $180,000 Maryland Title Services
Hudgings John Matthew $180,000 Maryland Title Service
Kimberly Cocozello $204,000 --
Us Bank National Assocation $294,910 --
Suntrust Mortgage Inc $241,500 --
Us Bank National Assocation $294,910 --
Suntrust Mortgage Inc $241,500 --
Kimberly Cocozello $204,000 --
Salmon James F $290,000 --
Salmon James F $290,000 --
Margaret Barker Elizabeth $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Imageworks Holdings Maryland Llc $289,600
Previous Owner Hudgings John Matthew $144,000
Previous Owner Cocozello Lawrence $181,300
Previous Owner Suntrust Mortgage Inc $183,000
Previous Owner Suntrust Mortgage Inc $183,000
Previous Owner Kimberly Cocozello $183,000
Previous Owner Salmon James F $232,000
Closed Margaret Barker Elizabeth --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $362,000 -4.7% $707 / Sq Ft
03/01/2024 03/01/24 For Sale $380,000 -- $742 / 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 $3,007 $260,067 $0 $0
2024 $3,007 $215,533 $0 $0
2023 $2,410 $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 $2,697 $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

  • J

    Seller's Agent in 2024

    John Romeo

    Bruce Howe Realty

    (410) 726-8626

    2 in this area

    2 Total Sales

    Section Image
  • Shawn Kotwica

    Buyer's Agent in 2024

    Shawn Kotwica

    Coldwell Banker Realty

    (724) 840-0572

    131 in this area

    246 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2019162

Bright MLS

APN: 10-036925

Maryland Worcester County Ocean City 21842

1201 Atlantic Ave Unit 503, Ocean City, MD

This home is located at 1201 Atlantic Ave Unit 503, Ocean City, MD 21842 since 01 March 2024 and is currently estimated at $348,424, approximately $680 per square foot. This property was built in 1979. 1201 Atlantic Ave Unit 503 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