Seller's Agent in 2020
Jay Phillips
Holiday Real Estate
(410) 726-8631
26 in this area
148 Total Sales
13 131st St Ocean City, MD 21842
Estimated Value: $420,000 - $449,000
2
Beds
2
Baths
966
Sq Ft
$250/mo
HOA Fee
About This Home
As of August 2020You won't want to miss this 2 bedroom 2 full bath Ocean block masonry built condo in uptown Ocean City. Just steps to the beach with plenty of food and entertainment nearby as well. The Sea With Condominium has been well taken care of with a new roof, new electric, and exterior updates. This is a solid masonry building that is affordable and well managed. In addition this unit features central A/C and heat, upgraded bathrooms, open floor plan, washer/dryer and two parking spots. Perfect for a second home beach getaway or vacation rental.
Last Agent to Sell the Property
(410) 726-8631 jay@phillipscoastalgroup.com Holiday Real Estate Listed on: 06/22/2020
Last Buyer's Agent
(410) 726-8631 jay@phillipscoastalgroup.com Holiday Real Estate Listed on: 06/22/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,982
Year Built
- Built in 1984
HOA Fees
- $250 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Masonry
Interior Spaces
- 966 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- On-Street Parking
- Parking Lot
Location
- Flood Risk
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management
- Low-Rise Condominium
- Sea Witch Community
Listing and Financial Details
- Tax Lot 304
- Assessor Parcel Number 10-223946
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2020
Closed on
Aug 28, 2020
Sold by
Mabrey David N and Mabrey Amanda Ma
Bought by
Bunn Kevin C and Bunn Kristine M
Seller's Agent
Jay Phillips
Holiday Real Estate
Buyer's Agent
Jay Phillips
Holiday Real Estate
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,231
Avg. Annual Appreciation
11.90%
Original Mortgage
$180,000
Outstanding Balance
$160,031
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$269,200
Purchase Details
Closed on
Aug 3, 2015
Sold by
Burch Robert F and Burch Mary K
Bought by
Mabrey David N and Mabrey Amanda
Purchase Details
Closed on
Apr 15, 2011
Sold by
Burch Robert F
Bought by
Burch Robert F and Burch Mary K
Purchase Details
Closed on
Mar 18, 2011
Sold by
Burch Robert F
Bought by
Burch Robert F and Burch Mary K
Purchase Details
Closed on
Dec 31, 1986
Sold by
Shaffer Edward J and Shaffer Vivian R
Bought by
Burch Robert F and Burch Shirley K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
9.29%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bunn Kevin C | $240,000 | Maryland Tite Services | |
| Mabrey David N | $205,000 | Ocean Investments Title Corp | |
| Burch Robert F | -- | -- | |
| Burch Robert F | -- | -- | |
| Burch Robert F | $93,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bunn Kevin C | $180,000 | |
| Previous Owner | Burch Robert F | $83,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/28/2020 08/28/20 | Sold | $240,000 | -2.8% | $248 / Sq Ft |
| 07/12/2020 07/12/20 | Pending | -- | -- | -- |
| 07/06/2020 07/06/20 | Price Changed | $247,000 | -1.2% | $256 / Sq Ft |
| 06/22/2020 06/22/20 | For Sale | $250,000 | -- | $259 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,900 | $285,600 | $0 | $0 |
| 2024 | $3,455 | $247,600 | $0 | $0 |
| 2023 | $2,946 | $209,600 | $104,800 | $104,800 |
| 2022 | $2,946 | $209,600 | $104,800 | $104,800 |
| 2021 | $2,962 | $209,600 | $104,800 | $104,800 |
| 2020 | $2,950 | $209,600 | $104,800 | $104,800 |
| 2019 | $2,959 | $207,967 | $0 | $0 |
| 2018 | $2,906 | $206,333 | $0 | $0 |
| 2017 | $2,906 | $204,700 | $0 | $0 |
| 2016 | -- | $204,700 | $0 | $0 |
| 2015 | $2,145 | $204,700 | $0 | $0 |
| 2014 | $2,145 | $211,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Phillips
Map
Source: Bright MLS
MLS Number: MDWO114602
APN: 10-223946
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