NOT LISTED FOR SALE

12300 Jamaica Ave Unit 308 Ocean City, MD 21842

Estimated Value: $343,908 - $438,000

2 Beds
2 Baths
1,138 Sq Ft
1983 Built

Last Sold January 28, 2013

Last sale price $170,000 $149 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,311/month

97 Days on Market

About This Home

As of January 2013

Large Exceptionaly Well Maintained 2 Bedroom 2 Bath Condominium in a Small Well Managed Association. This Two Story Condominium Shows Pride of Ownership with Many Upgrades. Furnished except for the Master Bed otherwise Ready for you to Move into. Just Two Blocks from the Beach and Surf while Popular Resraurants are even closer.

Last Agent to Sell the Property

William Nielander

Long & Foster Real Estate, Inc. License #MRIS:145789 Listed on: 09/15/2012

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,826

Year Built

1983

Lot Details

0

Listing Details

  • Zoning Code: B-1
  • Cross Street: 120
  • Election District: 10
  • Incorporated City Name: OCEAN CITY
  • Lis Media List: Virtual Tour, Photo
  • Property Type: Residential
  • Public Record Key: 10213897933
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • System Locale: MRIS
  • Status: Closed
  • Number of Levels Including basement: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1983

Interior Features

  • Above Grade Finished Sq Ft: 1138
  • Amenities: Drapery Rods, Furniture Conveys, Wall-to-Wall Carpet, Drapes / Curtains, Shades / Blinds
  • Appliances: Dishwasher, Disposal, Icemaker, Microwave, Refrigerator, Electric Oven/Range, Stacked Washer/Dryer
  • Dining Kitchen: Kitchen-Living Room Combo
  • Interior Amenities: Floor Plan-Open
  • Entry Level: Floors 2-5
  • Main Floor: 1 Bath
  • Total Bedrooms: 2
  • Total Full Baths: 2

Exterior Features

  • Structure List: Above Grade
  • Exterior: 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: Forced Air
  • Hot Water: Electric
  • Sewer Septic: Public Sewer
  • Water: Public

Condo/Co-op/Association

  • Condo Co-Op Fee: 480
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Jamaica II
  • Community Fee Includes: Lawn Maintenance, Management, Reserve Funds, Water, Exterior Building Maintenance, Master Insurance Policy
  • Community Rules: Covenants, Parking, Pets-Allowed, Restrictions

Lot Info

  • Lot Number: 308
  • Listing Parcel Number: 5164A

Tax Info

  • Assessment Year: 2011
  • Total Taxes Payment Freq: Annually

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2012
Closed on
Jan 25, 2013
Sold by
Merrell Timothy J and Merrell Allison M
Bought by
Bise James T and Bowers Natalie P
Seller's Agent
William Nielander
Long & Foster Real Estate, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$185,900
Sold Price
$170,000
Premium/Discount to List
-$15,900
-8.55%
Current Estimated Value
$380,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,849
Avg. Annual Appreciation
6.55%
Original Mortgage
$85,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2004
Sold by
Greenwell Robert C and Greenwell Anita T
Bought by
Merrell Timothy J and Merrell Allison M

Purchase Details

Closed on
Jun 26, 1984
Sold by
Jamaica Limited Partnership
Bought by
Greenwell Robert C and Greenwell Anita T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,400
Interest Rate
14.49%
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
Bise James T $170,000 Maryland Title Service
Merrell Timothy J $207,000 --
Greenwell Robert C $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bise James T $115,700
Closed Bise James T $85,000
Previous Owner Merrell Timothy J $150,400
Previous Owner Greenwell Robert C $64,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2013 01/28/13 Sold $170,000 -8.6% $149 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
09/15/2012 09/15/12 For Sale $185,900 -- $163 / 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 $2,826 $243,500 $0 $0
2024 $2,826 $202,500 $0 $0
2023 $2,277 $161,500 $80,700 $80,800
2022 $2,270 $161,500 $80,700 $80,800
2021 $2,282 $161,500 $80,700 $80,800
2020 $2,282 $161,500 $80,700 $80,800
2019 $2,298 $161,500 $80,700 $80,800
2018 $2,275 $161,500 $80,700 $80,800
2017 $2,281 $161,500 $0 $0
2016 -- $161,500 $0 $0
2015 $2,294 $161,500 $0 $0
2014 $2,294 $182,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2013

    William Nielander

    Long & Foster

  • d

    Buyer's Agent in 2013

    datacorrect BrightMLS

    Non Subscribing Office

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Map

Source: Bright MLS

MLS Number: WO7927959

Bright MLS

APN: 10-250870

Maryland Worcester County Ocean City 21842

12300 Jamaica Ave Unit 308, Ocean City, MD

This home is located at 12300 Jamaica Ave Unit 308, Ocean City, MD 21842 since 15 September 2012 and is currently estimated at $376,977, approximately $331 per square foot. This property was built in 1983. 12300 Jamaica Ave Unit 308 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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