NOT LISTED FOR SALE

15 51st St Unit 303 Ocean City, MD 21842

Estimated Value: $822,287 - $947,000

4 Beds
3 Baths
2,078 Sq Ft
$509/mo HOA Fee

Last Sold February 04, 2022

Last sale price $725,000 $349 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,723/month

89 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Main Floor Bedroom
  • Ocean City Elementary School Rated A
  • Open Floorplan
  • Furnished

About This Home

As of February 2022

Beautiful, turnkey 4 bedroom 3 bath Condo oceanblock in Mid Town Ocean City. Huge wrap around balconcy with Ocean and Bay views. Conveys fully furnished with upgraded appliances, New Refrigerator, Stove, Dishwasher, Freshly Painted, New Carpet in 2020. High end balcony furniture to relax on the balcony for stupendous Sunrises and Sunsets. All new for you! Large Outdoor Elevated Pool with southern exposure. Relax in the sun all day even when the wind is blowing on the beach! Steps to the wide less crowded pristine beach at 51 street. Close to restaurants, shopping, nightlife and a short ride to Ocean City's famous boardwalk. Secured lobby, Secure storage locker on first floor. Fantastic second home or investment. Grossed over $65k in rental income in 2021.

Last Agent to Sell the Property

Candi Noyes

Coldwell Banker Realty Listed on: 10/10/2021

Coldwell Banker Realty

Co-Listed By

Michael Noyes

Coldwell Banker Realty

Last Buyer's Agent

Michael Nolen

Coldwell Banker Realty License #642353

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,197

Year Built

  • Built in 2005

Lot Details

  • Extensive Hardscape
  • Cleared Lot
  • Property is in excellent condition

HOA Fees

  • $509 Monthly HOA Fees

Property Views

  • Ocean
  • Bay

Home Design

  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Modular or Manufactured Materials
  • Dryvit Stucco
  • Masonry

Interior Spaces

  • 2,078 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Screen For Fireplace
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Doors swing in

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Storage Shed

Location

  • Flood Risk

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number 737478

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, reserve funds
  • Low-Rise Condominium
  • Ocean Bliss Condos
  • Ocean Bliss Community
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,197

Year Built

Built in 2005

Lot Details

0

HOA Fees

$509 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 36"+ Wide Halls, Doors - Swing In, Elevator
  • Ownership: Fee Simple
  • Exclusions: Staging Items
  • Historic: No
  • Inclusions: Fully furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful, turnkey 4 bedroom 3 bath Condo oceanblock in Mid Town Ocean City. Huge wrap around balconcy with Ocean and Bay views. Conveys fully furnished with upgraded appliances, New Refrigerator, Stove, Dishwasher, Freshly Painted, New Carpet in 2020. High end balcony furniture to relax on the balcony for stupendous Sunrises and Sunsets. All new for you! Large Outdoor Elevated Pool with southern exposure. Relax in the sun all day even when the wind is blowing on the beach! Steps to the wide less crowded pristine beach at 51 street. Close to restaurants, shopping, nightlife and a short ride to Ocean City's famous boardwalk. Secured lobby, Secure storage locker on first floor. Fantastic second home or investment. Grossed over $65k in rental income in 2021.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Icemaker, Washer, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Ceiling Fan(s), Upgraded Countertops, Walk-In Closet(s), Window Treatments, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Crown Moldings, Kitchen - Island, Recessed Lighting
  • Fireplace Features: Gas/Propane, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit
  • Total Sq Ft: 2078
  • Living Area Sq Ft: 2078
  • Price Per Sq Ft: 356.06
  • Above Grade Finished Sq Ft: 2078
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Masonry, Dryvit, Modular/Manufactured
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outside Shower, Secure Storage
  • Roof: Built-Up
  • View: Bay, Ocean, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot, Off Street
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Fire Detection System, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Cable Tv Available, Electric Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1527.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Ocean Bliss
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: 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
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: LC-1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5197.00
  • Assessor Parcel Number: 737478
  • Tax Lot: 303
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/04/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2021
Closed on
Feb 17, 2022
Sold by
Harmon Joseph P
Bought by
15 51St Md Llc
Seller's Agent
Candi Noyes
Coldwell Banker Realty
Buyer's Agent
Michael Nolen
Coldwell Banker Realty
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Current Estimated Value
$862,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,572
Avg. Annual Appreciation
5.00%
Original Mortgage
$647,200
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2021
Closed on
Feb 4, 2022
Sold by
Sadhna Agrawal
Bought by
Harmon Joseph P and Menzel Christopher J
Seller's Agent
Candi Noyes
Coldwell Banker Realty
Buyer's Agent
Michael Nolen
Coldwell Banker Realty
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2014
Sold by
Lor Pentha L
Bought by
Agrawal Sadhna and Agrawal Ajay K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2006
Sold by
Ocean Bliss Llc
Bought by
Lord Pentha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,900
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2006
Sold by
Ocean Bliss Llc
Bought by
Lord Pentha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,900
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
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
15 51St Md Llc -- None Listed On Document
Harmon Joseph P $725,000 None Listed On Document
Agrawal Sadhna $505,000 Brennan Title Company
Lord Pentha J $699,900 --
Lord Pentha J $699,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rego John W $664,050
Closed Harmon Joseph P $647,200
Previous Owner Agrawal Sadhna $378,750
Previous Owner Lord Pentha J $340,000
Previous Owner Lord Pentha J $479,900
Previous Owner Lord Pentha J $399,900
Previous Owner Lord Pentha J $399,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $725,000 -2.0% $349 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
11/12/2021 11/12/21 Price Changed $739,900 -1.3% $356 / Sq Ft
10/11/2021 10/11/21 For Sale $750,000 0.0% $361 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/10/2021 10/10/21 For Sale $750,000 -- $361 / 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 $6,273 $531,267 $0 $0
2024 $6,273 $449,533 $0 $0
2023 $5,169 $367,800 $183,900 $183,900
2022 $5,169 $367,800 $183,900 $183,900
2021 $5,197 $367,800 $183,900 $183,900
2020 $5,217 $367,800 $183,900 $183,900
2019 $5,232 $367,800 $183,900 $183,900
2018 $5,180 $367,800 $183,900 $183,900
2017 $5,222 $367,800 $0 $0
2016 -- $367,800 $0 $0
2015 $6,109 $367,800 $0 $0
2014 $6,109 $405,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2000149

Bright MLS

APN: 10-737478