Seller's Agent in 2018
Jeffrey Beres
Meredith Fine Properties
(443) 614-3488
14 in this area
14 Total Sales
13 58th St Ocean City, MD 21842
Estimated Value: $676,000 - $944,000
4
Beds
2
Baths
1,388
Sq Ft
$595/Sq Ft
Est. Value
Highlights
- Deck
- Cathedral Ceiling
- No HOA
- Ocean City Elementary School Rated A
- Main Floor Bedroom
- Balcony
About This Home
As of October 2018Take a close look at this rare opportunity to own an ocean block, single family home and all the land that goes with it with no condo fees. As supply for property is now being exceeded by demand, this 4 bedroom, single family home makes for an excellent investment now and most definitely for the future. Take the rental income for as long as you like, enjoy those family times together, then use your imagination to construct a new home with enormous potential...or hitch your wagon to a developer and build a 3 unit building, sell off 1 or two and divert your costs for your place at the beach. Priced to sell to any investor, this one of a kind property has plenty of options to go along with an open living room and kitchen area and a nice covered deck to relax after a day at the beach.
Last Agent to Sell the Property
(410) 520-4663 mre@goeaston.net Meredith Fine Properties License #608037 Listed on: 05/24/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,804
Year Built
- Built in 1963
Lot Details
- 6,000 Sq Ft Lot
- Lot Dimensions are 50 x 120
- Cleared Lot
- Property is zoned 82, R3
Parking
- Off-Street Parking
Home Design
- Bungalow
- Frame Construction
- Asphalt Roof
- Vinyl Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 1,388 Sq Ft Home
- Property has 1 Level
- Cathedral Ceiling
- Window Treatments
- Window Screens
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Accessible Home Design
- Receding Pocket Doors
- Level Entry For Accessibility
Outdoor Features
- Outdoor Shower
- Balcony
- Deck
- Screened Patio
- Porch
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Municipal Trash
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 074800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2018
Closed on
Oct 12, 2018
Sold by
Natoli Anne E and Natoli Anthony F
Bought by
Kundu Goutam and Kundu Arathi
Seller's Agent
Jeffrey Beres
Meredith Fine Properties
Buyer's Agent
Erik Windrow
Keller Williams Realty
List Price
$450,000
Sold Price
$412,500
Premium/Discount to List
-$37,500
-8.33%
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
$413,669
Avg. Annual Appreciation
9.81%
Original Mortgage
$330,000
Outstanding Balance
$288,392
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$537,777
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kundu Goutam | $412,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kundu Goutam | $330,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/12/2018 10/12/18 | Sold | $412,500 | -8.3% | $297 / Sq Ft |
| 08/11/2018 08/11/18 | Pending | -- | -- | -- |
| 05/24/2018 05/24/18 | For Sale | $450,000 | -- | $324 / Sq Ft |
Source: Bright MLS
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 | $9,248 | $677,267 | $0 | $0 |
| 2024 | $9,100 | $652,133 | $0 | $0 |
| 2023 | $8,812 | $627,000 | $570,000 | $57,000 |
| 2022 | $7,983 | $568,000 | $0 | $0 |
| 2021 | $7,193 | $509,000 | $0 | $0 |
| 2020 | $6,358 | $450,000 | $400,000 | $50,000 |
| 2019 | $6,402 | $450,000 | $400,000 | $50,000 |
| 2018 | $7,781 | $552,467 | $0 | $0 |
| 2017 | $7,769 | $547,200 | $0 | $0 |
| 2016 | -- | $547,200 | $0 | $0 |
| 2015 | $10,239 | $547,200 | $0 | $0 |
| 2014 | $10,239 | $548,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Beres
-
Erik Windrow
Buyer's Agent in 2018
Erik Windrow
Keller Williams Realty
(410) 430-5333
69 in this area
156 Total Sales
Map
Source: Bright MLS
MLS Number: 1001600542
APN: 10-074800
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