NOT LISTED FOR SALE

1201 Atlantic Ave Unit 504 Ocean City, MD 21842

Estimated Value: $332,000 - $390,000

1 Bed
1 Bath
512 Sq Ft
$275/mo HOA Fee

Last Sold January 06, 2023

Last sale price $322,000 $629 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,484/month

60 Days on Market

Highlights

  • Ocean View
  • Main Floor Bedroom
  • Furnished
  • Ocean City Elementary School Rated A
  • Community Indoor Pool
  • Upgraded Countertops

About This Home

As of January 2023

Enjoy the morning sunrise from this top-floor updated condo overlooking the beach and boardwalk in south Ocean City! Whether people-watching on the boards or taking in the ocean views from this southeast facing corner unit, you will enjoy the convenient access to the beach and all of the activities that Ocean City has to offer. This unit was remodeled in 2020. Updates are many, including stainless steel appliances, backsplash, and quartz countertops in the kitchen. Cabinets feature quality soft-close drawers, and a pantry was added to maximize storage. Low-maintenance luxury vinyl plank flooring and gently used furnishings, all presented in a soothing coastal palette, will provide a relaxing oasis. Stacked washer and dryer and fully remodeled bathroom with easy to clean tub surround that was re-glazed, vanity with quartz countertop, and wainscoting will provide comfortable accommodations for you and your guests. The bedroom features a built-in closet system. Updated plumbing fixtures, lighting and ceiling fans throughout. This unit is fully furnished and turn-key. This condo has been both successfully rented and enjoyed by the owners. Make this your getaway at the beach! Decatur House offers parking, elevator, and indoor pool.

Last Agent to Sell the Property

Dennis Medlock

Coldwell Banker Realty Listed on: 10/06/2022

Coldwell Banker Realty

Co-Listed By

Tammy Medlock

Coldwell Banker Realty

Last Buyer's Agent

Anthony Golden

Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,410

Year Built

  • Built in 1979

Lot Details

  • 87

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Built-Up Roof

Interior Spaces

  • 512 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Electric Washer and Dryer

Parking

  • Assigned parking located at #49
  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Accessible Home Design

  • Doors swing in
  • Level Entry For Accessibility

Outdoor Features

  • Outdoor Shower
  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 504
  • Assessor Parcel Number 2410037360

Community Details

Overview

  • 1 Elevator
  • Mid-Rise Condominium
  • Decatur House Community
  • Property Manager

Recreation

  • Community Indoor Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,410

Year Built

Built in 1979

Lot Details

0

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
  • Accessibility Features: Doors - Swing In, Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Owners Personal Items
  • Home Warranty: No
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-10-07
  • Federal Flood Zone: No
  • Year Built: 1979
  • Assigned Parking Space Numbers: 49
  • Automatically Close On Close Date: No
  • Remarks Public: Enjoy the morning sunrise from this top-floor updated condo overlooking the beach and boardwalk in south Ocean City! Whether people-watching on the boards or taking in the ocean views from this southeast facing corner unit, you will enjoy the convenient access to the beach and all of the activities that Ocean City has to offer. This unit was remodeled in 2020. Updates are many, including stainless steel appliances, backsplash, and quartz countertops in the kitchen. Cabinets feature quality soft-close drawers, and a pantry was added to maximize storage. Low-maintenance luxury vinyl plank flooring and gently used furnishings, all presented in a soothing coastal palette, will provide a relaxing oasis. Stacked washer and dryer and fully remodeled bathroom with easy to clean tub surround that was re-glazed, vanity with quartz countertop, and wainscoting will provide comfortable accommodations for you and your guests. The bedroom features a built-in closet system. Updated plumbing fixtures, lighting and ceiling fans throughout. This unit is fully furnished and turn-key. This condo has been both successfully rented and enjoyed by the owners. Make this your getaway at the beach! Decatur House offers parking, elevator, and indoor pool.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 5
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Flat, Tub Shower, Upgraded Countertops, Window Treatments, Kitchen - Galley, Recessed Lighting, Combination Dining/Living
  • Elevators Count: 1
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 512
  • Living Area Sq Ft: 512
  • Price Per Sq Ft: 660.16
  • 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: Concrete
  • Exterior Features: Outside Shower, Sidewalks
  • Roof: Built-Up, Flat
  • View: Ocean, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 825.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Indoor

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2022
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5400193
  • Tax Annual Amount: 2410.00
  • Assessor Parcel Number: 2410037360
  • Tax Lot: 504
  • Tax Total Finished Sq Ft: 512
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/06/2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Jan 6, 2023
Sold by
Willig Christina J
Bought by
Golden Anthony M and Golden Kristan M
Seller's Agent
Dennis Medlock
Coldwell Banker Realty
Buyer's Agent
Anthony Golden
Berkshire Hathaway HomeServices PenFed Realty
List Price
$339,000
Sold Price
$322,000
Premium/Discount to List
-$17,000
-5.01%
Views
62
Current Estimated Value
$362,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,008
Avg. Annual Appreciation
4.35%

Purchase Details

Listed on
Aug 30, 2018
Closed on
Jun 21, 2019
Sold by
Resh James E and Resh Robert W
Bought by
Willig Christina J and Willig Matthew
Seller's Agent
Lauren Waesche
Century 21 New Horizon
Buyer's Agent
Dennis Medlock
Coldwell Banker Realty
List Price
$199,000
Sold Price
$189,000
Premium/Discount to List
-$10,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.19%
Original Mortgage
$141,750
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2001
Sold by
Resh James L
Bought by
Resh James E and Resh Robert W
Source: Public Records

Range of Values:

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Average Value
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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
Golden Anthony M $322,000 Capitol Title
Willig Christina J $189,000 Certified Title Corp
Resh James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Willig Christina J $141,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $322,000 -4.7% $629 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $338,000 -0.3% $660 / Sq Ft
10/06/2022 10/06/22 For Sale $339,000 +79.4% $662 / Sq Ft
06/21/2019 06/21/19 Sold $189,000 -5.0% $369 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $199,000 0.0% $389 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
08/30/2018 08/30/18 For Sale $199,000 -- $389 / 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 $2,403 $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 $2,093 $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

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Map

Source: Bright MLS

MLS Number: MDWO2010600

Bright MLS

APN: 10-037360