NOT LISTED FOR SALE

15 43rd St Unit 1 Ocean City, MD 21842

Estimated Value: $310,216 - $383,000

2 Beds
1 Bath
962 Sq Ft
$108/mo HOA Fee

Last Sold October 30, 2020

Last sale price $145,000 $151 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,239/month

Highlights

  • Home fronts navigable water
  • Water Access
  • Porch
  • Ocean City Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • Electric Baseboard Heater

About This Home

As of October 2020

A jewel in the rough! This condo is just steps to the beach and is priced to sell. You bring the tools and imagination and then kick back and relax in this ocean block first floor condo. This two bedroom one bath condo is in the sought after midtown neighborhood. The attached two story storage area belongs to this unit which opens up the possibilities. There are two off street assigned parking spaces.

Last Agent to Sell the Property

Lisa Spicer

ERA Martin Associates Listed on: 09/29/2020

ERA Martin Associates

Last Buyer's Agent

Lisa Spicer

ERA Martin Associates Listed on: 09/29/2020

ERA Martin Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,501

Year Built

  • Built in 1962

Lot Details

  • Building is oceanfront but unit may not have water views
  • Home fronts navigable water
  • 1 Common Wall
  • North Facing Home

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Off-Street Spaces

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 962 Sq Ft Home
  • Property has 2 Levels
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Porch

Schools

  • Ocean City Elementary School
  • Stephen Decatur High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 10-066204

Community Details

Overview

  • Association fees include exterior building maintenance
  • Low-Rise Condominium
  • Straney Community

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,501

Year Built

Built in 1962

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: A jewel in the rough! This condo is just steps to the beach and is priced to sell. You bring the tools and imagination and then kick back and relax in this ocean block first floor condo. This two bedroom one bath condo is in the sought after midtown neighborhood. The attached two story storage area belongs to this unit which opens up the possibilities. There are two off street assigned parking spaces.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Entry Floor: 1
  • Common Walls: 1 Common Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 962
  • Living Area Sq Ft: 962
  • Price Per Sq Ft: 148.65
  • Above Grade Finished Sq Ft: 962
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Block, Vinyl Siding
  • Roof: Unknown
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1300.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 88500.00
  • Land Assessed Value: 88500.00
  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5402557
  • Tax Annual Amount: 2501.00
  • Assessor Parcel Number: 10-066204
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 962
  • County Tax Payment Frequency: Unknown
  • Tax Year: 2020
  • Close Date: 10/30/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Saltwater Llc
Bought by
Evans Anne and Evans David
Total Days on Market
0
Current Estimated Value
$336,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$319,839
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$21,393

Purchase Details

Closed on
Oct 12, 2023
Sold by
Robins John B
Bought by
Saltwater Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,900
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2020
Closed on
Oct 30, 2020
Sold by
Straney Paul
Bought by
Garner Paul and Evans Elaine
Seller's Agent
Lisa Spicer
ERA Martin Associates
Buyer's Agent
Lisa Spicer
ERA Martin Associates
List Price
$143,000
Sold Price
$145,000
Premium/Discount to List
$2,000
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.50%
Original Mortgage
$145,000
Interest Rate
2.7%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Evans Anne -- None Listed On Document
Saltwater Llc $291,000 Terrain Title
Garner Paul $145,000 Lawyers Express Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Anne $324,000
Previous Owner Saltwater Llc $261,900
Previous Owner Garner Paul $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $145,000 +1.4% $151 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $143,000 -- $149 / 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
2024 $2,877 $206,167 $0 $0
2023 $2,488 $177,000 $88,500 $88,500
2022 $2,488 $177,000 $88,500 $88,500
2021 $2,501 $177,000 $88,500 $88,500
2020 $2,381 $177,000 $88,500 $88,500
2019 $2,381 $167,367 $0 $0
2018 $2,222 $157,733 $0 $0
2017 $2,103 $148,100 $0 $0
2016 -- $148,100 $0 $0
2015 $2,401 $148,100 $0 $0
2014 $2,401 $158,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO117264

Bright MLS

APN: 10-066204