NOT LISTED FOR SALE

12300 Jamaica Ave Unit 206 Ocean City, MD 21842

Estimated Value: $240,000 - $250,000

1 Bed
1 Bath
550 Sq Ft
1983 Built

Last Sold May 26, 2016

Last sale price $110,000 $200 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,510/month

1 Day on Market

About This Home

As of May 2016

A perfect 1 bed/1 bath beach getaway. This well maintained condo has been loved by owners, who didn't rent. But it would be a great rental. Wonderful floor plan with open concept living area and kitchen. It's ready for new owners to move right in and enjoy. A quick stroll to the beach and across the street from canal to bay. Close to Northside Park, movies, restaurants, shopping and more.

Last Agent to Sell the Property

Jeannie Betten

Berkshire Hathaway HomeServices PenFed Realty Listed on: 05/24/2016

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,100

Year Built

1983

Lot Details

0

Listing Details

  • Zoning Code: B-1
  • Cross Street: 123RD ST
  • Election District: 10
  • Incorporated City Name: OCEAN CITY
  • Lis Media List: Photo
  • Property Type: Residential
  • Public Record Key: 10213897624
  • Story List: Main
  • System Locale: MRIS
  • Status: Closed
  • Number of Levels Including basement: 1
  • Full Street Address: 12300 JAMAICA AVE #206
  • Dwelling Type: Garden 1-4 Floors
  • Map Locale List: ADC
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Above Grade Finished Sq Ft: 550
  • Dining Kitchen: Living-Dining Room Combo
  • Interior Amenities: Floor Plan-Open
  • Entry Level: Floors 2-5
  • Main Floor: 1 Bed, 1 Bath
  • Total Bedrooms: 1
  • Total Full Baths: 1
  • Bathrooms: 1

Exterior Features

  • Structure List: Above Grade
  • Exterior: Wood, Siding - Vinyl
  • Other Structures: Above Grade

Garage/Parking

  • Parking: Assigned
  • Assigned Parking Spaces: 1

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central Air Conditioning
  • Heating Fuel: Electric
  • Heating: Heat Pump(s)
  • Hot Water: Electric
  • Sewer Septic: Public Sewer
  • Water: Public

Condo/Co-op/Association

  • Condo Co-Op Fee: 1680
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Jamaica Cm 2
  • Community Amenities: Common Grounds
  • Community Fee Includes: Exterior Building Maintenance, Master Insurance Policy, Reserve Funds

Schools

  • High School: Stephen Decatur

Lot Info

  • Lot Number: 206
  • Listing Parcel Number: 5164A

Tax Info

  • Assessment Year: 2016
  • Total Taxes Payment Freq: Annually
  • County Tax Payment Freq: Annually
  • Total Tax: 1426.43
  • Assessor Parcel Number: 2410250722

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2016
Closed on
May 25, 2016
Sold by
Braun Lawrence J and Braun Daryl Jean
Bought by
Lewis Seth I and Lewis Debbie S
Seller's Agent
Jeannie Betten
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$122,000
Sold Price
$110,000
Premium/Discount to List
-$12,000
-9.84%
Current Estimated Value
$244,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,989
Avg. Annual Appreciation
9.05%
Original Mortgage
$99,000
Outstanding Balance
$79,235
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$165,754

Purchase Details

Closed on
Mar 5, 1998
Sold by
Taylor Lisa S
Bought by
Braun Lawrence J and Braun Lawrence J Daryl Jean

Purchase Details

Closed on
May 15, 1996
Sold by
Taylor Stanley M and Taylor Lisa S
Bought by
Taylor Lisa S

Purchase Details

Closed on
Jun 30, 1988
Sold by
Schofield James A and Boliek Maria J
Bought by
Taylor Stanley M and Taylor Lisa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
10.4%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lewis Seth I $110,000 Lux Real Estate Title
Braun Lawrence J $46,500 --
Taylor Lisa S -- --
Taylor Stanley M $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Seth I $99,000
Previous Owner Taylor Stanley M $44,900
Closed Braun Lawrence J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $110,000 -9.8% $200 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $122,000 -- $222 / 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 $2,100 $183,833 $0 $0
2024 $2,100 $150,467 $0 $0
2023 $1,646 $117,100 $58,500 $58,600
2022 $1,646 $117,100 $58,500 $58,600
2021 $1,655 $117,100 $58,500 $58,600
2020 $1,655 $117,100 $58,500 $58,600
2019 $1,585 $111,433 $0 $0
2018 $1,490 $105,767 $0 $0
2017 $1,414 $100,100 $0 $0
2016 -- $100,100 $0 $0
2015 $1,584 $100,100 $0 $0
2014 $1,584 $119,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jeannie Betten

    BHHS PenFed (actual)

    Section Image

  • N

    Buyer's Agent in 2016

    Non Member Member

    Metropolitan Regional Information Systems

See All Agents

Map

Source: Bright MLS

MLS Number: WO9667199

Bright MLS

APN: 10-250722

Maryland Worcester County Ocean City 21842

12300 Jamaica Ave Unit 206, Ocean City, MD

This home is located at 12300 Jamaica Ave Unit 206, Ocean City, MD 21842 since 24 May 2016 and is currently estimated at $244,989, approximately $445 per square foot. This property was built in 1983. 12300 Jamaica Ave Unit 206 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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