NOT LISTED FOR SALE

12906 Coastal Hwy Unit 101 Ocean City, MD 21842

Estimated Value: $155,018

3 Beds
1.5 Baths
1,230 Sq Ft
$233/mo HOA Fee

Last Sold October 31, 2018

Last sale price $215,000 $175 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $1,308/month

Highlights

  • More Than Two Accessible Exits
  • Central Air
  • Heat Pump System
  • Ocean City Elementary School Rated A
  • Stacked Washer and Dryer

About This Home

As of October 2018

First Floor of building, currently split in half with one side an office with 5 desks and lighted front sign. Other side a one bedroom employee housing apartment (See Pictures)Can be changed to all office or a Three Bedroom Condominium.Owner is a Licensed Real Estate Agent

Last Agent to Sell the Property

WINFIELD SCOTT

(410) 430-1324 win@wfscott.com Ocean Realty Listed on: 11/09/2017

Ocean Realty

Last Buyer's Agent

Edward Acevedo

(302) 229-4987 edacevedorealtor@gmail.com EXP Realty, LLC License #RS0020350

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,032

Year Built

  • Built in 1982

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Metal Siding
  • Stick Built Home
  • Masonry

Interior Spaces

  • 1,230 Sq Ft Home
  • Property has 1 Level
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Lot
  • 3 Assigned Parking Spaces

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • 120/240V

Additional Features

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

Community Details

  • Low-Rise Condominium
  • Lahaina Shores Community

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 1
  • Assessor Parcel Number 218349

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,032

Year Built

Built in 1982

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Exclusions: Some computers, Pictures, Furniture in Condo side and TV
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Remarks Public: First Floor of building, currently split in half with one side an office with 5 desks and lighted front sign. Other side a one bedroom employee housing apartment (See Pictures)Can be changed to all office or a Three Bedroom Condominium.Owner is a Licensed Real Estate Agent
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Washer/Dryer Stacked
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1230
  • Living Area Sq Ft: 1230
  • Price Per Sq Ft: 182.93
  • Above Grade Finished Sq Ft: 1230
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12906

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Metal Siding, Brick, Stick Built
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 3
  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 625.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2800.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: No
  • Association Recreation 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
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Zoning: R3A
  • Zoning Description: Commercial Condo
  • In City Limits: Yes

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5415330
  • Assessor Parcel Number: 218349
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Close Date: 10/31/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Prestige Worldwide Capital Management Ll
Bought by
Mcmullen David James
Current Estimated Value
$155,018

Purchase Details

Listed on
Nov 9, 2017
Closed on
Nov 16, 2018
Sold by
Scott Winfield F
Bought by
Prestige Worldwide Capital Management Ll
Seller's Agent
WINFIELD SCOTT
Ocean Realty
Buyer's Agent
Edward Acevedo
EXP Realty, LLC
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.58%
Original Mortgage
$161,250
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2002
Sold by
Crimmins Associates Real Estate
Bought by
Scott Winfield F

Purchase Details

Closed on
Apr 17, 1985
Sold by
Campbell James W
Bought by
Crimmins Alfred W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
13.23%
Source: Public Records

Range of Values:

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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
Mcmullen David James $150,000 None Listed On Document
Mcmullen David James $150,000 None Listed On Document
Prestige Worldwide Capital Management Ll $215,000 Kirsh Title Services Inc
Scott Winfield F $165,000 --
Crimmins Alfred W $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prestige Worldwide Capital Management Ll $161,250
Previous Owner Crimmins Alfred W $95,000
Closed Scott Winfield F --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $215,000 -4.4% $175 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
01/31/2018 01/31/18 Price Changed $225,000 -10.0% $183 / Sq Ft
11/09/2017 11/09/17 For Sale $250,000 -- $203 / 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 $3,032 $219,333 $0 $0
2024 $3,032 $217,267 $0 $0
2023 $3,024 $215,200 $107,600 $107,600
2022 $3,024 $215,200 $107,600 $107,600
2021 $3,041 $215,200 $107,600 $107,600
2020 $3,562 $252,100 $126,000 $126,100
2019 $3,441 $241,867 $0 $0
2018 $0 $231,633 $0 $0
2017 $3,056 $221,400 $0 $0
2016 -- $215,233 $0 $0
2015 -- $209,067 $0 $0
2014 -- $202,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001560258

Bright MLS

APN: 10-218349