NOT LISTED FOR SALE

1211 Philadelphia Ave Unit 5 Ocean City, MD 21842

Estimated Value: $261,000 - $312,000

2 Beds
1 Bath
768 Sq Ft
1970 Built

Last Sold February 19, 2021

Last sale price $170,000 $221 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,657/month

39 Days on Market

Highlights

  • No HOA
  • Ocean City Elementary School Rated A
  • Forced Air Heating System

About This Home

As of February 2021

Great 2/1bath cottage condo that has been renovated ( except Kitchen ). Close to the beach and boardwalk with very low condo fees. Call right away to see this unit before it is gone!!

Last Agent to Sell the Property

Jim Terrill

RE/MAX One License #594201 Listed on: 12/04/2020

RE/MAX One

Last Buyer's Agent

Barton Sink

At The Beach Real Estate License #6442

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,681

Year Built

  • Built in 1970

Parking

  • Off-Street Parking

Home Design

  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 768 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Low-Rise Condominium
  • Villa Six Community

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 10-037921

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,681

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1970
  • Automatically Close On Close Date: Yes
  • Remarks Public: Great 2/1bath cottage condo that has been renovated ( except Kitchen ). Close to the beach and boardwalk with very low condo fees. Call right away to see this unit before it is gone!!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 768
  • Living Area Sq Ft: 768
  • Price Per Sq Ft: 233.07
  • Above Grade Finished Sq Ft: 768
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1211

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Stick Built, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

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: 012
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2020
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5400244
  • Tax Annual Amount: 1681.00
  • Assessor Parcel Number: 10-037921
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 768
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/19/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 19, 2021
Sold by
Villa6 Llc
Bought by
Schneider Robin and Schneider Amy M
Seller's Agent
Jim Terrill
RE/MAX One
Buyer's Agent
Barton Sink
At The Beach Real Estate
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%
Current Estimated Value
$275,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,265
Avg. Annual Appreciation
11.60%
Original Mortgage
$153,000
Outstanding Balance
$137,465
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$140,821

Purchase Details

Closed on
Sep 27, 2019
Sold by
Palmisano Anne R and The Anne R Palmisano Trust
Bought by
Villa6 Llc

Purchase Details

Closed on
Dec 14, 2018
Sold by
Palmisano Anne R
Bought by
Palmisano Anne R and The Anne R Palmisano Trust

Purchase Details

Closed on
Apr 28, 1997
Sold by
Rudigier Hugh M
Bought by
Palmisano Ann R and Fisher Harriet R
Source: Public Records

Range of Values:

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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
Schneider Robin $170,000 Ocean Investments Tilte Corp
Villa6 Llc $117,500 None Available
Palmisano Anne R -- None Available
Palmisano Ann R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Robin $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $170,000 -5.0% $221 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $179,000 -- $233 / 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 $1,893 $152,267 $0 $0
2024 $1,893 $135,633 $0 $0
2023 $1,672 $119,000 $59,500 $59,500
2022 $1,672 $119,000 $59,500 $59,500
2021 $1,682 $119,000 $59,500 $59,500
2020 $1,676 $119,000 $59,500 $59,500
2019 $1,676 $119,000 $59,500 $59,500
2018 $1,676 $119,000 $59,500 $59,500
2017 $1,689 $119,000 $0 $0
2016 -- $119,000 $0 $0
2015 -- $119,000 $0 $0
2014 $1,797 $119,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Terrill

    Seller's Agent in 2021

    Jim Terrill

    RE/MAX One

    (443) 880-2421

    35 in this area

    115 Total Sales

    Section Image
  • Barton Sink

    Buyer's Agent in 2021

    Barton Sink

    At The Beach Real Estate

    (443) 995-2865

    48 in this area

    110 Total Sales

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Map

Source: Bright MLS

MLS Number: MDWO118828

Bright MLS

APN: 10-037921

Maryland Worcester County Ocean City 21842

1211 Philadelphia Ave Unit 5, Ocean City, MD

This home is located at 1211 Philadelphia Ave Unit 5, Ocean City, MD 21842 since 04 December 2020 and is currently estimated at $278,286, approximately $362 per square foot. This property was built in 1970. 1211 Philadelphia Ave Unit 5 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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