NOT LISTED FOR SALE

15 43rd St Unit 2 Ocean City, MD 21842

Estimated Value: $304,000 - $445,000

2 Beds
1 Bath
752 Sq Ft
$83/mo HOA Fee

Last Sold March 01, 2018

Last sale price $165,000 $219 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,154/month

About This Home

As of March 2018

BRAND NEW ROOF AND GUTTERS! Your opportunity to own a first floor condo in concrete beach building with Ocean City Charm! Ocean block 2 bed/1 bath condo in popular mid-town has been well maintained and enjoyed and is ready for new owners. New Fujitsu multi-zone Super High Efficiency Ductless Heat Pumps (also is a/c unit) in living room and bedrooms (backup baseboard heat). Newer windows and redone ceilings with added insulation. Wonderful concrete porch to sit after a day at the beach. Two assigned off-street parking spots. Fenced in with lovely landscaping. Convenient location mere steps to beach, bay, restaurants, entertainment, Convention Center and shopping. Great rental potential or use yourself for a beach getaway. An incredible opportunity to own your own place at the beach

Last Agent to Sell the Property

Jeannie Betten

info@sharingoc.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 07/31/2017

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lisa Spicer

(410) 251-8015 lisaspicerrealtor@gmail.com Era Martin Associates License #MRIS:3249369

Era Martin Associates

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,661

Year Built

1962

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Zoning Code: R-3
  • Cross Street: COASTAL
  • Election District: 10
  • Incorporated City Name: OCEAN CITY
  • Lis Media List: Virtual Tour, Photo
  • Property Type: Residential
  • Public Record Key: 10213463454
  • Story List: Main
  • System Locale: MRIS
  • Status: Closed
  • Number of Levels Including basement: 1
  • Full Street Address: 15 43RD ST #2
  • Dwelling Type: Garden 1-4 Floors
  • Map Locale List: ADC
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Above Grade Finished Sq Ft: 752
  • Dining Kitchen: Living-Dining Room Combo
  • Interior Amenities: Floor Plan-Open
  • Entry Level: 1st Floor
  • Main Floor: 2 Beds, 1 Bath
  • Total Bedrooms: 2
  • Total Full Baths: 1
  • Bathrooms: 1

Exterior Features

  • Structure List: Above Grade
  • Exterior: Concrete / Block, Siding - Vinyl
  • Other Structures: Above Grade

Garage/Parking

  • Parking: Assigned
  • Assigned Parking Spaces: 2

Utilities

  • Cooling Fuel: Electric
  • Cooling: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating: Heat Pump(s)
  • Hot Water: Electric
  • Sewer Septic: Public Sewer
  • Water: Public

Condo/Co-op/Association

  • Condo Co-Op Fee: 1000
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Straney Cm
  • Community Rules: Parking

Schools

  • High School: Stephen Decatur

Lot Info

  • Lot Number: 2
  • Listing Parcel Number: 7103

Tax Info

  • Assessment Year: 2017
  • Total Taxes Payment Freq: Annually
  • County Tax Payment Freq: Annually
  • Total Tax: 2048.63
  • Assessor Parcel Number: 2410065992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2017
Closed on
Mar 1, 2018
Sold by
Walton Edward J and Walton Darlene A
Bought by
Hack Jane S and Hack Todd J
Seller's Agent
Jeannie Betten
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lisa Spicer
Era Martin Associates
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%
Current Estimated Value
$348,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,671
Avg. Annual Appreciation
9.19%
Original Mortgage
$105,000
Outstanding Balance
$89,681
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$231,667

Purchase Details

Closed on
Feb 26, 2002
Sold by
Phelan Richard E and Phelan Hilda M
Bought by
Walton Edward J and Walton Darlene A

Purchase Details

Closed on
Dec 13, 1994
Sold by
Schulkowski Siegmar M and Schulkowski Samia
Bought by
Goodman Salter Sylvia and Goodman Kelly Anne

Purchase Details

Closed on
May 23, 1989
Sold by
Cassidy Joseph J and Cassidy Kathleen M
Bought by
Phelan Richard E and Phelan Hilda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
10.69%

Purchase Details

Closed on
May 27, 1987
Sold by
Dudley John E and Elaine Sue
Bought by
Cassidy Joseph J and Cassidy Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,275
Interest Rate
10.81%
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
Hack Jane S $165,000 None Available
Walton Edward J $104,000 --
Goodman Salter Sylvia $62,000 --
Phelan Richard E $63,000 --
Cassidy Joseph J $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hack Jane S $105,000
Previous Owner Phelan Richard E $56,700
Previous Owner Cassidy Joseph J $46,275
Closed Walton Edward J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $165,000 0.0% $219 / Sq Ft
03/01/2018 03/01/18 Sold $165,000 -8.3% $219 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
01/19/2018 01/19/18 Pending -- -- --
07/31/2017 07/31/17 For Sale $180,000 0.0% $239 / Sq Ft
05/08/2017 05/08/17 For Sale $180,000 -- $239 / 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 $2,661 $210,000 $0 $0
2024 $2,661 $190,700 $0 $0
2023 $2,409 $171,400 $85,700 $85,700
2022 $2,409 $171,400 $85,700 $85,700
2021 $2,422 $171,400 $85,700 $85,700
2020 $2,422 $171,400 $85,700 $85,700
2019 $2,310 $162,367 $0 $0
2018 $2,160 $153,333 $0 $0
2017 $2,049 $144,300 $0 $0
2016 -- $144,300 $0 $0
2015 $2,301 $144,300 $0 $0
2014 $2,301 $154,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: WO10019387

Bright MLS

APN: 10-065992