NOT LISTED FOR SALE

Blue Water East - South Tower 13400 Coastal Hwy Ocean City, MD 21842

Estimated Value: $441,000 - $518,000

3 Beds
2.5 Baths
1,305 Sq Ft
$423/mo HOA Fee

Last Sold October 25, 2019

Last sale price $272,000 $208 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,396/month

360 Days on Market

Highlights

  • Furnished
  • Community Pool
  • Balcony
  • Ocean City Elementary School Rated A
  • 2 Elevators
  • Galley Kitchen

About This Home

As of October 2019

Price Adjustment! Spacious 3 bedrooms 2.5 bath unit in a great building with an elevator and a pool! This unit is in great condition but could use some updating, ready for you to make it your own beach retreat. Relax on the large balcony and get a peek of the ocean between the buildings and overlook the pool. Loads of storage, including a large double door storage closet in the hall and a huge master walk-in closet. Plenty of room for family and friends and a great investment opportunity. Plenty of parking in a large parking lot. Just 1 block to the beach, close to restaurants and Northside Park.

Last Agent to Sell the Property

Linda Zaretsky

Long & Foster Real Estate, Inc. License #634348 Listed on: 09/27/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mitchell David

Sheppard Realty Inc License #636139

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,693

Year Built

  • Built in 1974

HOA Fees

  • $423 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 1,305 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Schools

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

Utilities

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

Additional Features

  • Level Entry For Accessibility
  • Property is in good condition

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 8010A
  • Assessor Parcel Number 10-165628

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, pool(s), management
  • Mid-Rise Condominium
  • Bluewater East Condos
  • Bluewater East Community
  • Property Manager

Amenities

  • 2 Elevators

Recreation

Security

  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,693

Year Built

Built in 1974

Lot Details

0

HOA Fees

$423 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: all furnishings as seen
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1974
  • Remarks Public: Price Adjustment! Spacious 3 bedrooms 2.5 bath unit in a great building with an elevator and a pool! This unit is in great condition but could use some updating, ready for you to make it your own beach retreat. Relax on the large balcony and get a peek of the ocean between the buildings and overlook the pool. Loads of storage, including a large double door storage closet in the hall and a huge master walk-in closet. Plenty of room for family and friends and a great investment opportunity. Plenty of parking in a large parking lot. Just 1 block to the beach, close to restaurants and Northside Park.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Entry Floor: 6
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Combination Dining/Living, Flat, Kitchen - Galley, Primary Bath(s), Walk-In Closet(s), Window Treatments
  • Fireplace: No
  • Door Features: Sliding Glass, Storm
  • Elevators Count: 2
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1305
  • Living Area Sq Ft: 1305
  • Price Per Sq Ft: 213.79
  • Above Grade Finished Sq Ft: 1305
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 13400

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks
  • Roof: Built-Up
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 423.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Bluewater East
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Pool(s), Management
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5410917
  • Tax Annual Amount: 3693.00
  • Assessor Parcel Number: 10-165628
  • Tax Lot: 8010A
  • Tax Total Finished Sq Ft: 1305
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 10/25/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Oct 25, 2019
Sold by
Perl John G and Perl Joyce C
Bought by
Harvey George Wilson and Harvey Jennifer Wheatley
Seller's Agent
Linda Zaretsky
Long & Foster Real Estate, Inc.
Buyer's Agent
Mitchell David
Sheppard Realty Inc
List Price
$315,000
Sold Price
$272,000
Premium/Discount to List
-$43,000
-13.65%
Current Estimated Value
$483,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,666
Avg. Annual Appreciation
10.70%
Original Mortgage
$190,400
Outstanding Balance
$167,534
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$326,534

Purchase Details

Closed on
Jun 4, 1991
Sold by
Norton Thomas F and Norton Elizabeth A
Bought by
Perl John G and Perl Joyce C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.45%

Purchase Details

Closed on
Jun 13, 1984
Sold by
Muth Edward J
Bought by
Norton Thomas F and Norton Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,350
Interest Rate
14.33%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Harvey George Wilson $272,000 Ocean Investments Title Corp
Perl John G $125,000 --
Norton Thomas F $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harvey George Wilson $190,400
Previous Owner Perl John G $100,000
Previous Owner Norton Thomas F $82,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $272,000 -2.5% $208 / Sq Ft
09/22/2019 09/22/19 Pending -- -- --
08/03/2019 08/03/19 Price Changed $279,000 -3.5% $214 / Sq Ft
05/07/2019 05/07/19 Price Changed $289,000 -3.6% $221 / Sq Ft
12/18/2018 12/18/18 Price Changed $299,900 -4.8% $230 / Sq Ft
09/27/2018 09/27/18 For Sale $315,000 -- $241 / 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 $4,296 $356,200 $0 $0
2024 $4,296 $307,900 $0 $0
2023 $3,648 $259,600 $129,800 $129,800
2022 $3,648 $259,600 $129,800 $129,800
2021 $3,668 $259,600 $129,800 $129,800
2020 $3,668 $259,600 $129,800 $129,800
2019 $3,693 $259,600 $129,800 $129,800
2018 $3,656 $259,600 $129,800 $129,800
2017 $3,705 $270,100 $0 $0
2016 -- $260,967 $0 $0
2015 $4,166 $251,833 $0 $0
2014 $4,166 $242,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Zaretsky

    Seller's Agent in 2019

    Linda Zaretsky

    Long & Foster

    (410) 603-6625

    12 in this area

    22 Total Sales

    Linda Zaretsky
    Section Image
  • Mitchell David

    Buyer's Agent in 2019

    Mitchell David

    Sheppard Realty Inc

    (443) 614-7048

    118 in this area

    151 Total Sales

    Mitchell David
    Section Image
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About Blue Water East - South Tower

Map

Source: Bright MLS

MLS Number: 1007536368

Bright MLS

APN: 10-165628

Maryland Worcester County Ocean City 21842

13400 Coastal Hwy, Ocean City, MD

This home is located at 13400 Coastal Hwy, Ocean City, MD 21842 since 27 September 2018 and is currently estimated at $483,666, approximately $370 per square foot. This property was built in 1974. 13400 Coastal Hwy is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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