NOT LISTED FOR SALE

1209 Atlantic Ave Unit 102 Ocean City, MD 21842

Estimated Value: $904,000 - $1,079,538

3 Beds
2 Baths
1,925 Sq Ft
$585/mo HOA Fee

Last Sold February 22, 2018

Last sale price $575,000 $299 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,687/month

Highlights

  • Ocean View
  • Primary bedroom faces the ocean
  • Deck
  • Ocean City Elementary School Rated A
  • Waterfront
  • Furnished

About This Home

As of February 2018

Calling all Investors! Huge Price Reduction! Front and center on the boardwalk at 12th street. Beautiful 3 bedroom 2 bath 1929 sq. ft. condo in a newer masonry building with an outdoor pool. Rental comps in the range of 40-50 thousand potential. Sold fully furnished and ready to enjoy. Walk out to beach and boardwalk, 2 car assigned parking, elevator, pool, gas fireplace, newer hvac, & more. Fantastic location. Park your car and enjoy your stay.

Last Agent to Sell the Property

Anthony Golden

(443) 783-0249 tony@oceancity4sales.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 09/07/2017

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Jeffrey Messick

(410) 251-2196 jeffrey.messick@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #RS-0024707

Last Buyer's Agent

Anthony Golden

(443) 783-0249 tony@oceancity4sales.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 09/07/2017

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,733

Year Built

  • Built in 2004

Lot Details

  • Waterfront
  • East Facing Home
  • Sprinkler System
  • Cleared Lot

HOA Fees

  • $585 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

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

Interior Spaces

  • 1,925 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Screen For Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom faces the ocean
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Poolside Lot
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony
  • Deck
  • Storage Shed

Location

  • Flood Risk

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 425891

Community Details

Overview

  • 1 Elevator
  • Oceans Pointe HOA
  • Mid-Rise Condominium
  • Oceans Pointe Community

Recreation

  • Community Pool

Security

  • Complex Is Fenced
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,733

Year Built

Built in 2004

Lot Details

0

HOA Fees

$585 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
  • Exclusions: See Documents
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Remarks Public: Calling all Investors! Huge Price Reduction! Front and center on the boardwalk at 12th street. Beautiful 3 bedroom 2 bath 1929 sq. ft. condo in a newer masonry building with an outdoor pool. Rental comps in the range of 40-50 thousand potential. Sold fully furnished and ready to enjoy. Walk out to beach and boardwalk, 2 car assigned parking, elevator, pool, gas fireplace, newer hvac, & more. Fantastic location. Park your car and enjoy your stay.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Icemaker, Washer
  • Interior Amenities: Entry Level Bedroom, Crown Moldings, Primary Bedroom - Ocean Front, Upgraded Countertops, Sprinkler System, Window Treatments, Ceiling Fan(s)
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Foundation Details: Pilings
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Living Area Units: Square Feet
  • Total Sq Ft: 1925
  • Living Area Sq Ft: 1925
  • Price Per Sq Ft: 298.70
  • Above Grade Finished Sq Ft: 1925
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1209

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 550.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 7016.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Name: OCEANS POINTE
  • HOA: 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
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

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

Building Info

  • Building Features: Fencing

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5431857
  • Assessor Parcel Number: 425891
  • Tax Lot: 102
  • County Tax Payment Frequency: Annually
  • Close Date: 02/22/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2023
Sold by
Friese Herbert M and Buckley Barbara Fraunhoffer
Bought by
12Th Street Beach Front Party Pad Properties
Current Estimated Value
$995,135

Purchase Details

Listed on
Sep 7, 2017
Closed on
Feb 20, 2018
Sold by
Richardson Donan R and Richardson Roy L
Bought by
Marshall Charles Robert and Marshall Phetsomboune Teresa
Seller's Agent
Anthony Golden
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Anthony Golden
Berkshire Hathaway HomeServices PenFed Realty
List Price
$675,000
Sold Price
$575,000
Premium/Discount to List
-$100,000
-14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$431,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2004
Sold by
Yellow Bird Llc
Bought by
Richardson Roy L
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
12Th Street Beach Front Party Pad Properties -- None Listed On Document
12Th Street Beach Front Party Pad Properties -- None Listed On Document
Marshall Charles Robert $575,000 Atg Title Inc
Richardson Roy L $969,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marshall Charles Robert $431,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2018 02/22/18 Sold $575,000 0.0% $299 / Sq Ft
01/11/2018 01/11/18 Pending -- -- --
12/11/2017 12/11/17 Price Changed $575,000 -14.8% $299 / Sq Ft
09/07/2017 09/07/17 For Sale $675,000 -- $351 / 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 $10,733 $786,000 $0 $0
2024 $9,849 $705,800 $0 $0
2023 $8,818 $625,600 $437,900 $187,700
2022 $8,792 $625,600 $437,900 $187,700
2021 $8,840 $625,600 $437,900 $187,700
2020 $8,839 $625,600 $437,900 $187,700
2019 $8,562 $601,867 $0 $0
2018 $8,143 $578,133 $0 $0
2017 $7,871 $554,400 $0 $0
2016 -- $554,400 $0 $0
2015 $7,500 $554,400 $0 $0
2014 $7,500 $585,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Golden

    Seller's Agent in 2018

    Anthony Golden

    BHHS PenFed (actual)

    (443) 783-0249

    156 in this area

    186 Total Sales

    Anthony Golden
    Section Image
  • Jeffrey Messick

    Seller Co-Listing Agent in 2018

    Jeffrey Messick

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    (410) 251-2196

    44 in this area

    150 Total Sales

    Jeffrey Messick
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000519280

Bright MLS

APN: 10-425891

Maryland Worcester County Ocean City 21842

1209 Atlantic Ave Unit 102, Ocean City, MD

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