NOT LISTED FOR SALE

1515 Saint Louis Ave Unit 203 Ocean City, MD 21842

Estimated Value: $525,000 - $556,846

3 Beds
3 Baths
1,571 Sq Ft
$631/mo HOA Fee

Last Sold October 11, 2021

Last sale price $400,000 $255 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,870/month

15 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Pier or Dock
  • Whirlpool Bathtub
  • Ocean City Elementary School Rated A
  • Home fronts a canal
  • 1 Elevator

About This Home

As of October 2021

OPEN HOUSE CANCELLED! Welcome to Anchors Aweigh! Exceptionally well maintained 3 Bed, 3 Full Bath luxury condo in downtown Ocean City. This second floor elevator condo is direct waterfront on a wide canal and is complete with bay views and great sunsets! Features ceramic tile floors, gas fireplace with mantle, crown molding, freshly painted, all new premium carpeting (2020). Gourmet kitchen with granite counters, stainless appliances and 42" cabinets. Very spacious primary bedroom suite with large walk-in closet, super bath w/ double vanity, jetted tub and separate shower. Both the living room and primary bedroom face the canal and have access to the waterfront deck. New HVAC (replaced in 2018). Professionally decorated with elegant furnishings in every room and sold as shown, making this a completely turn-key property! The building is walking distance to the beach and boardwalk as well as Harbor Island, the home of the White Marlin Open. Assigned parking space under the building. Included is a shared space on the first floor for beach chairs & toys, bike racks. Would make an incredible year-round residence but also has tremendous rental potential.

Last Agent to Sell the Property

Jim Stephens

(410) 440-4191 jim@jimstephens.com EXP Realty, LLC License #RS-0093970 Listed on: 08/25/2021

EXP Realty, LLC

Co-Listed By

Jonathan Schneehagen

(443) 857-9733 jonschnea@yahoo.com EXP Realty, LLC License #RS-0036643

Last Buyer's Agent

Meghan Donovan

(301) 651-5068 meghand.realtor@gmail.com Keller Williams Realty Delmarva License #5005104

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,217

Year Built

  • Built in 2006

Lot Details

  • Home fronts a canal
  • Cleared Lot
  • Property is in excellent condition

HOA Fees

  • $631 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,571 Sq Ft Home
  • Property has 1 Level
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace
  • Heatilator
  • Double Pane Windows
  • Insulated Windows
  • Six Panel Doors
  • Combination Kitchen and Dining Room
  • Canal Views

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Parking Lot
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Level Entry For Accessibility

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Balcony
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 203
  • Assessor Parcel Number 10-752299

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, pier/dock maintenance, reserve funds
  • Low-Rise Condominium
  • Anchors Aweigh Condos
  • Anchors Aweigh Community
  • Property Manager

Amenities

  • 1 Elevator

Recreation

  • Pier or Dock

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,217

Year Built

Built in 2006

Lot Details

0

HOA Fees

$631 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: 36"+ Wide Halls, Elevator, Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-08-28
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Dishwasher, Disposal, Icemaker, Stove
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Crown Moldings, Primary Bath(s), Primary Bedroom - Bay Front, Whirlpool/Hottub
  • Window Features: Double Pane, Insulated
  • Fireplace Features: Heatilator
  • Fireplace: Yes
  • Door Features: Six Panel
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Pilings
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1571
  • Living Area Sq Ft: 1571
  • Price Per Sq Ft: 260.98
  • Above Grade Finished Sq Ft: 1571
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1515

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, Below Grade
  • Construction Materials: Concrete, Vinyl Siding
  • Exterior Features: Outside Shower, Secure Storage
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Programmable Thermostat
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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: 1894.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: ANCHORS AWEIGH
  • HOA Condo Co-Op Amenities: Elevator, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Pier/Dock Maintenance, Reserve Funds
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 012
  • Lot Features: Bulkheaded, Cleared
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 4217.00
  • Assessor Parcel Number: 10-752299
  • Tax Lot: 203
  • Tax Total Finished Sq Ft: 1571
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/11/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 12, 2021
Sold by
Schneehagen Jonathan and Schneehagen Jessica
Bought by
William Clara Christina and Mcmaster Michael David
Seller's Agent
Jim Stephens
EXP Realty, LLC
Buyer's Agent
Meghan Donovan
Keller Williams Realty Delmarva
List Price
$409,999
Sold Price
$400,000
Premium/Discount to List
-$9,999
-2.44%
Current Estimated Value
$539,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,962
Avg. Annual Appreciation
8.92%
Original Mortgage
$340,000
Outstanding Balance
$311,736
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$248,374

Purchase Details

Listed on
Aug 2, 2019
Closed on
Jun 25, 2020
Sold by
Dilon Cynthia L and Dilon Ronald C
Bought by
Schneehagen Jonathan and Schneehagen Jessica Elizabeth
Seller's Agent
Joel Feldman
Martz and Associates Real Estate LLC
Buyer's Agent
Jim Stephens
EXP Realty, LLC
List Price
$375,000
Sold Price
$310,000
Premium/Discount to List
-$65,000
-17.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.66%
Original Mortgage
$248,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2007
Sold by
1515 St Louis Avenue Llc
Bought by
Dillon Ronald C and Dillon Cynthia L
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
William Clara Christina $400,000 Title Nation
Schneehagen Jonathan $310,000 Mid Atlantic Title Llc
Dillon Ronald C $400,000 --
Dillon Ronald C $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open William Clara Christina $340,000
Previous Owner Schneehagen Jonathan $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2021 10/11/21 Sold $400,000 -2.4% $255 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $409,999 +2.5% $261 / Sq Ft
09/06/2021 09/06/21 Off Market $400,000 -- --
08/25/2021 08/25/21 For Sale $409,999 +32.3% $261 / Sq Ft
06/25/2020 06/25/20 Sold $310,000 +3.4% $197 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/14/2020 05/14/20 Price Changed $299,900 -4.8% $191 / Sq Ft
02/19/2020 02/19/20 Price Changed $315,000 -4.3% $201 / Sq Ft
12/16/2019 12/16/19 Price Changed $329,000 -6.0% $209 / Sq Ft
10/05/2019 10/05/19 Price Changed $349,900 -4.1% $223 / Sq Ft
09/04/2019 09/04/19 Price Changed $365,000 -2.7% $232 / Sq Ft
08/02/2019 08/02/19 For Sale $375,000 -- $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 $4,639 $366,533 $0 $0
2024 $4,639 $332,467 $0 $0
2023 $4,194 $298,400 $149,200 $149,200
2022 $4,194 $298,400 $149,200 $149,200
2021 $4,217 $298,400 $149,200 $149,200
2020 $4,679 $329,900 $164,900 $165,000
2019 $4,693 $329,900 $164,900 $165,000
2018 $4,646 $329,900 $164,900 $165,000
2017 $4,639 $329,900 $0 $0
2016 -- $326,733 $0 $0
2015 $3,846 $323,567 $0 $0
2014 $3,846 $320,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2001852

Bright MLS

APN: 10-752299