NOT LISTED FOR SALE

13700 Coastal Hwy Unit 301 Ocean City, MD 21842

Estimated Value: $675,000 - $781,000

3 Beds
3 Baths
1,730 Sq Ft
$430/mo HOA Fee

Last Sold January 25, 2017

Last sale price $321,000 $186 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,860/month

Highlights

  • Contemporary Architecture
  • Traditional Floor Plan
  • Living Room
  • Ocean City Elementary School Rated A
  • 1 Fireplace
  • En-Suite Primary Bedroom

About This Home

As of January 2017

Auction property. 4.5% Buyer Premium charged buyer at closing. No inspection contingency accepted. REO Property sold As-Is w/o repair, warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees as to the accuracy of info herein. Seller will accept cash, conventional, 203k offers only. No water activation allowed. Buyer pays entire transfer tax.

Last Agent to Sell the Property

David Sweeney

david.sweeney@rhss.com RealHome Services and Solutions, Inc. Listed on: 10/11/2016

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,625

Year Built

  • Built in 2006

HOA Fees

  • $430 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,730 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • 1 Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Schools

  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Low-Rise Condominium
  • Seaside Retreat Community

Listing and Financial Details

  • Tax Lot 301
  • Assessor Parcel Number 2410745055

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,625

Year Built

Built in 2006

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Remarks Public: Auction property. 4.5% Buyer Premium charged buyer at closing. No inspection contingency accepted. REO Property sold As-Is w/o repair, warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees as to the accuracy of info herein. Seller will accept cash, conventional, 203k offers only. No water activation allowed. Buyer pays entire transfer tax.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1730
  • Living Area Sq Ft: 1730
  • Price Per Sq Ft: 207.51
  • Above Grade Finished Sq Ft: 1730
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 13700

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5160.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • High School: STEPHEN DECATUR
  • School District Key: 121138066543
  • High School: STEPHEN DECATUR

Lot Info

  • Improvement Assessed Value: 204400.00
  • Land Assessed Value: 204400.00
  • Property Attached Yn: Yes
  • Year Assessed: 2016
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5624.85
  • Assessor Parcel Number: 2410745055
  • Tax Lot: 301
  • Tax Total Finished Sq Ft: 1718
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 01/25/2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2021
Sold by
Marquess Shane
Bought by
Pierpont Sean and Pierpont Angela L
Current Estimated Value
$726,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$374,455
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$352,451

Purchase Details

Listed on
Oct 11, 2016
Closed on
Jan 23, 2017
Sold by
Us Bank National Association
Bought by
Marquess Shane
Seller's Agent
David Sweeney
RealHome Services and Solutions, Inc.
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$399,000
Sold Price
$321,000
Premium/Discount to List
-$78,000
-19.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%

Purchase Details

Closed on
Oct 17, 2006
Sold by
Seaside Retreat Llc
Bought by
Sacco Joseph and Victoric Sacco E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,420
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2006
Sold by
Seaside Retreat Llc
Bought by
Sacco Joseph and Victoric Sacco E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,420
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pierpont Sean $525,000 Mid Atlantic Stlmt Svcs Llc
Marquess Shane $335,834 Premium Title
Sacco Joseph $583,800 --
Sacco Joseph $583,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierpont Sean $420,000
Previous Owner Sacco Joseph $525,420
Previous Owner Sacco Joseph $525,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2017 01/25/17 Sold $321,000 -10.6% $186 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
12/08/2016 12/08/16 Price Changed $359,000 -4.2% $208 / Sq Ft
11/22/2016 11/22/16 Price Changed $374,600 -3.6% $217 / Sq Ft
10/28/2016 10/28/16 Price Changed $388,600 -2.6% $225 / Sq Ft
10/11/2016 10/11/16 For Sale $399,000 -- $231 / 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 $6,879 $568,600 $0 $0
2024 $6,879 $493,000 $0 $0
2023 $5,884 $417,400 $208,700 $208,700
2022 $5,866 $417,400 $208,700 $208,700
2021 $5,898 $417,400 $208,700 $208,700
2020 $5,897 $417,400 $208,700 $208,700
2019 $5,897 $414,533 $0 $0
2018 $5,798 $411,667 $0 $0
2017 $5,625 $408,800 $0 $0
2016 $6,370 $396,200 $0 $0
2015 $6,370 $383,600 $0 $0
2014 $6,370 $371,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    David Sweeney

    RealHome Services and Solutions, Inc.

    Section Image

  • N

    Buyer's Agent in 2017

    Non Member Member

    Metropolitan Regional Information Systems

See All Agents

Map

Source: Bright MLS

MLS Number: 1003752971

Bright MLS

APN: 10-745055

Maryland Worcester County Ocean City 21842

13700 Coastal Hwy Unit 301, Ocean City, MD

This home is located at 13700 Coastal Hwy Unit 301, Ocean City, MD 21842 since 11 October 2016 and is currently estimated at $726,906, approximately $420 per square foot. This property was built in 2006. 13700 Coastal Hwy Unit 301 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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