NOT LISTED FOR SALE

13 69th St Unit 302 Ocean City, MD 21842

Estimated Value: $277,484 - $309,000

1 Bed
1 Bath
615 Sq Ft
$150/ mo HOA Fee

Last Sold April 05, 2019

Last sale price $165,000 $268 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,907/month

26 Days on Market

Highlights

  • Ocean View
  • Water Oriented
  • Contemporary Architecture
  • Ocean City Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • Furnished

About This Home

As of April 2019

Amazing, Crisp condo with Ocean View. Great location. Close to amusements, restaurants. Well maintained. Shows pride of ownership. Turn Key Condo. Enjoy immediately. Great Rental Potential

Last Agent to Sell the Property

Bud Cumberland

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva Listed on: 02/08/2019

Keller Williams Realty Delmarva

Last Buyer's Agent

Nanette Pavier

(410) 524-7700 nanpavier@holidayoc.com Holiday Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 1973

Lot Details

  • Building is oceanfront but unit may not have water views
  • Two or More Common Walls
  • South Facing Home
  • Property is in very good condition

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Piling Construction
  • Dryvit Stucco

Interior Spaces

  • 615 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ocean Views

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Paved Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Water Oriented
  • Property is near an ocean

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • Association fees include insurance
  • Low-Rise Condominium
  • Ocean Terrace Condos
  • Ocean Terrace Community
  • Property Manager

Listing and Financial Details

  • Tax Lot 8563
  • Assessor Parcel Number 10-081017

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,754

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Carpet, Tile/Brick
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 615
  • Living Area Sq Ft: 615
  • Price Per Sq Ft: 280.49
  • Above Grade Finished Sq Ft: 615
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Dryvit
  • Road Surface Type: Black Top
  • Roof: Built-Up
  • Spa: No
  • View: Ocean
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, On Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Previous Twelve Months Electric Expense: 900.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Previous Twelve Months: 360.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1800.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Ocean Terrace
  • HOA Condo Co-Op Fee Includes: Insurance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Soil Types: Sandy
  • Zoning: R-3
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5403741
  • Tax Annual Amount: 1754.00
  • Assessor Parcel Number: 10-081017
  • Tax Lot: 8563
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Federal Flood Zone: X

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
Apr 5, 2019
Sold by
Knorr Terry W and Knorr Laura M
Bought by
Rhode John P
Seller's Agent
Bud Cumberland
Keller Williams Realty Delmarva
Buyer's Agent
Nanette Pavier
Holiday Real Estate
List Price
$172,500
Sold Price
$165,000
Premium/Discount to List
-$7,500
-4.35%
Current Estimated Value
$295,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,121
Avg. Annual Appreciation
8.71%

Purchase Details

Closed on
Dec 8, 2014
Sold by
Abernathy Gervis L and Abernathy Jere A
Bought by
Knorr Terry W and Knorr Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2003
Sold by
Sterling Wallace
Bought by
Abernathy Gervis L and Abernathy Jere A

Purchase Details

Closed on
Nov 10, 1983
Sold by
Watkins Charles E
Bought by
Wallace Sterling and Wallace Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
13.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rhode John P $165,000 Maryland Title Services
Knorr Terry W $142,500 Maryland Title Service
Abernathy Gervis L $153,500 --
Wallace Sterling $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knorr Terry W $114,000
Previous Owner Wallace Sterling $45,900
Closed Abernathy Gervis L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $165,000 -4.3% $268 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $172,500 -- $280 / 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 $2,665 $195,133 $0 $0
2024 $2,228 $159,667 $0 $0
2023 $1,745 $124,200 $62,100 $62,100
2022 $1,745 $124,200 $62,100 $62,100
2021 $1,755 $124,200 $62,100 $62,100
2020 $1,755 $124,200 $62,100 $62,100
2019 $1,767 $124,200 $62,100 $62,100
2018 $1,749 $124,200 $62,100 $62,100
2017 $1,763 $124,200 $0 $0
2016 -- $124,200 $0 $0
2015 $2,162 $124,200 $0 $0
2014 $2,162 $147,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bud Cumberland

    Seller's Agent in 2019

    Bud Cumberland

    Keller Williams Realty Delmarva

    (703) 801-2344

    15 in this area

    18 Total Sales

    Bud Cumberland
    Section Image
  • Nanette Pavier

    Buyer's Agent in 2019

    Nanette Pavier

    Holiday Real Estate

    (443) 235-3498

    33 in this area

    53 Total Sales

    Nanette Pavier
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO103200

Bright MLS

APN: 10-081017

Maryland Worcester County Ocean City 21842

13 69th St Unit 302, Ocean City, MD

Not Listed for Sale

Condos

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