NOT LISTED FOR SALE

1202 N Baltimore Ave Ocean City, MD 21842

-- Bed
-- Bath
2,514 Sq Ft
1940 Built

Last Sold May 31, 2017

Last sale price $395,000 $157 Per Sq Ft

1,021 Days on Market

Highlights

  • Ocean View
  • Cape Cod Architecture
  • Baseboard Heating
  • Ocean City Elementary School Rated A
  • No HOA
  • Wood Burning Fireplace

About This Home

As of May 2017

Great investment opportunity! Ideal housing for employees of local businesses.Nine units rented on year round basis. 7 efficiencies, 1 one-bedroom, 1 two-bedroom. Unfurnished.Current rent roll is $58K.

Last Agent to Sell the Property

Eric Van Orden

Keller Williams Realty Delmarva Listed on: 06/17/2014

Keller Williams Realty Delmarva

Co-Listed By

Walter Taraila

Keller Williams Realty Delmarva

Last Buyer's Agent

Laura Rosenblatt

Atlantic Shores Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 3,550 Sq Ft Lot
  • Lot Dimensions are 50' x 71'
  • Cleared Lot

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,514 Sq Ft Home
  • Ceiling height between 8 to 10 feet
  • Ceiling height under 8 feet
  • Wood Burning Fireplace
  • Ocean Views

Flooring

  • Carpet
  • Vinyl

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 3-Story Building

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 7
  • Assessor Parcel Number 037239

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Total Sq Ft: 2514
  • Net Sq Ft: 2514.00

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Asphalt
  • View: Ocean, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543

Lot Info

  • Lot Features: Cleared
  • Lot Dimensions: 50' x 71'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3550.00
  • Zoning Description: R3,MultiFamily
  • In City Limits: Yes

Rental Info

  • Lease In Effect: Yes
  • Tenant Pays: Utilities - All
  • Total Actual Rent: 58000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5400182
  • Assessor Parcel Number: 037239
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Close Date: 05/31/2017

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $395,000 -34.1% $157 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
06/17/2014 06/17/14 For Sale $599,000 -- $238 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000794376

Bright MLS