NOT LISTED FOR SALE

12300 Jamaica Ave Unit 309 Ocean City, MD 21842

Estimated Value: $346,000 - $438,000

2 Beds
2 Baths
1,138 Sq Ft
$140/mo HOA Fee

Last Sold November 29, 2019

Last sale price $207,000 $182 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,415/month

18 Days on Market

Highlights

  • Penthouse
  • Furnished
  • Breakfast Area or Nook
  • Ocean City Elementary School Rated A
  • Den
  • 3-minute walk to Northside Park

About This Home

As of November 2019

Enjoy extra space with 1100+ sq ft in this North OC fully-furnished 2 level-2 bed, 2 bath +Den condo with 2 roomy balconies to relax on. Low condo fees @140mo. and taxes @191mo. Located just 2 blocks from the beach and 3 from Northside park which hosts many year-round activities

Last Agent to Sell the Property

Carol Proctor

Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288 Listed on: 09/27/2019

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Dean Strawbridge

Iron Valley Real Estate Ocean City License #668779

Last Buyer's Agent

George Dovolos

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,297

Year Built

  • Built in 1983

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Penthouse
  • Shingle Roof

Interior Spaces

  • 1,138 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Low Emissivity Windows
  • Double Hung Windows
  • Window Screens
  • Sliding Doors
  • Combination Dining and Living Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • Private Parking
  • Free Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Property is in very good condition
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 5164A
  • Assessor Parcel Number 10-250889

Community Details

Overview

  • Association fees include common area maintenance, insurance, snow removal, trash
  • Jamaica Ii Condo Association Condos, Phone Number (717) 951-5350
  • Jamaica Ii Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,297

Year Built

Built in 1983

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Remarks Public: Enjoy extra space with 1100+ sq ft in this North OC fully-furnished 2 level-2 bed, 2 bath +Den condo with 2 roomy balconies to relax on. Low condo fees @140mo. and taxes @191mo. Located just 2 blocks from the beach and 3 from Northside park which hosts many year-round activities
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Fully Carpeted, Laminated, Tile/Brick
  • Interior Amenities: Breakfast Area, Carpet, Combination Dining/Living
  • Window Features: Double Hung, Low-E, Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Den
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1138
  • Living Area Sq Ft: 1138
  • Price Per Sq Ft: 184.53
  • Above Grade Finished Sq Ft: 1138
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12300

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Free, Paved Parking, Private
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1680.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Jamaica II Condo Association
  • Condo Co-Op Phone: 7179515350
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: 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
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: B-1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 6000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5418200
  • Tax Annual Amount: 2297.00
  • Assessor Parcel Number: 10-250889
  • Tax Lot: 5164A
  • Tax Total Finished Sq Ft: 1138
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 11/29/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Nov 22, 2019
Sold by
Miller Linda L
Bought by
Dovolos Georgios and Kourkounakis Evangelia
Seller's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
George Dovolos
Weichert, REALTORS
List Price
$210,000
Sold Price
$207,000
Premium/Discount to List
-$3,000
-1.43%
Current Estimated Value
$374,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,128
Avg. Annual Appreciation
10.90%
Original Mortgage
$148,000
Outstanding Balance
$131,015
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$243,113

Purchase Details

Closed on
Nov 2, 1999
Sold by
Lapenna Louis J and Lapenna Evelyn E
Bought by
Miller Linda L

Purchase Details

Closed on
Apr 27, 1984
Sold by
Jamaica Limited Partnership
Bought by
Lapenna Louis J and Lapenna Evelyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
13.73%
Source: Public Records

Range of Values:

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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
Dovolos Georgios $207,000 Classic Settlements Inc
Miller Linda L $81,500 --
Lapenna Louis J $62,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dovolos Georgios $148,000
Previous Owner Miller Linda L $94,000
Previous Owner Miller Linda L $97,500
Previous Owner Miller Linda L $50,000
Previous Owner Lapenna Louis J $54,900
Closed Miller Linda L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2019 11/29/19 Sold $207,000 -1.4% $182 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $210,000 -- $185 / 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 $2,270 $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 $2,293 $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

  • Carol Proctor

    Seller's Agent in 2019

    Carol Proctor

    BHHS PenFed (actual)

    (443) 567-0650

    411 in this area

    563 Total Sales

    Section Image
  • Dean Strawbridge

    Seller Co-Listing Agent in 2019

    Dean Strawbridge

    Iron Valley Real Estate Ocean City

    (443) 277-2814

    24 in this area

    43 Total Sales

    Section Image

  • G

    Buyer's Agent in 2019

    George Dovolos

    Weichert Corporate

See All Agents

Map

Source: Bright MLS

MLS Number: MDWO109420

Bright MLS

APN: 10-250889

Maryland Worcester County Ocean City 21842

12300 Jamaica Ave Unit 309, Ocean City, MD

This home is located at 12300 Jamaica Ave Unit 309, Ocean City, MD 21842 since 27 September 2019 and is currently estimated at $374,128, approximately $328 per square foot. This property was built in 1983. 12300 Jamaica Ave Unit 309 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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