NOT LISTED FOR SALE

12304 Coastal Hwy Ocean City, MD 21842

8 Beds
4 Baths
2,912 Sq Ft
10,019 Sq Ft Lot

Last Sold February 14, 2024

Last sale price $1,173,115 $403 Per Sq Ft

386 Days on Market

Highlights

  • Ocean View
  • 0.23 Acre Lot
  • No HOA
  • Ocean City Elementary School Rated A
  • Coastal Architecture
  • More Than Two Accessible Exits

About This Home

As of February 2024

This 4 unit building and additional lot are ready to go with everything being completely remodeled down to the studs and the electric all the way from the pole. New roof, siding, windows and doors were placed on the outside and the stairs were rebuilt to accommodate additional storage for each unit. Three head split units keep the temperature at your demand and a surrounding fence and storage unit makes the property very easy to manage. Continue to rent out this income producing property through 2023 as per the contract, but then use the unit at your leisure. Better yet, purchase the property as a primary residence, and let three additional units pay your mortgage. One day in the future, you can build an additional two units even with a garage underneath on the addition lot that is part of the sale. Possibilities are endless. Professional Photos to come

Last Agent to Sell the Property

Shawn Kotwica

(724) 840-0572 shawn.kotwica@cbmove.com Coldwell Banker Realty License #653192 Listed on: 11/11/2022

Coldwell Banker Realty

Last Buyer's Agent

Kimberly Heaney

(443) 386-3177 kimberly.heaney@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #641088

Berkshire Hathaway HomeServices PenFed Realty-WOC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,529

Year Built

  • Built in 1960

Lot Details

  • 10,019

Parking

  • Parking Lot

Property Views

  • Ocean
  • City

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Stick Built Home

Interior Spaces

  • 2,912 Sq Ft Home
  • Property has 2 Levels
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

Schools

  • Stephen Decatur High School

Utilities

  • Ductless Heating Or Cooling System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Infill Lot
  • Flood Risk

Community Details

  • No Home Owners Association
  • Low-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 10152046

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,529

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-11-11
  • Federal Flood Zone: Yes
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2912
  • Living Area Sq Ft: 2912
  • Price Per Sq Ft: 429.26
  • Above Grade Finished Sq Ft: 2912
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 8
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Spa: No
  • View: City, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • 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
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent
  • High School: STEPHEN DECATUR

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Zoning: R-3A
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 10529.00
  • Assessor Parcel Number: 10152046
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2024 02/14/24 Sold $1,173,115 -6.2% $403 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
10/16/2023 10/16/23 Price Changed $1,250,000 -16.7% $429 / Sq Ft
03/19/2023 03/19/23 Price Changed $1,499,950 0.0% $515 / Sq Ft
02/15/2023 02/15/23 Price Changed $1,499,999 -3.2% $515 / Sq Ft
01/01/2023 01/01/23 Price Changed $1,550,000 -2.5% $532 / Sq Ft
11/11/2022 11/11/22 For Sale $1,590,000 -- $546 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Shawn Kotwica

    Seller's Agent in 2024

    Shawn Kotwica

    Coldwell Banker Realty

    (724) 840-0572

    110 in this area

    215 Total Sales

    Shawn Kotwica
    Section Image
  • Kimberly Heaney

    Buyer's Agent in 2024

    Kimberly Heaney

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    (443) 386-3177

    59 in this area

    191 Total Sales

    Kimberly Heaney
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2011202

Bright MLS
Maryland Worcester County Ocean City 21842

12304 Coastal Hwy, Ocean City, MD

Not Listed for Sale

Condos

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