NOT LISTED FOR SALE

1605 N Baltimore Ave Unit 2B Ocean City, MD 21842

Estimated Value: $206,000 - $233,000

1 Bed
1 Bath
450 Sq Ft
$220/mo HOA Fee

Last Sold January 05, 2018

Last sale price $99,500 $221 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,493/month

Highlights

  • Private Pool
  • Main Floor Bedroom
  • Baseboard Heating
  • Ocean City Elementary School Rated A
  • Furnished

About This Home

As of January 2018

Sea Nymph 2B is a quaint, cozy condominium located on the ocean block of 16th Street perfect location just a step to the boardwalk. Great rental income $9k for 2017 plus one car parking. This one-bedroom, one-bathroom condo has a porch overlooking a peaceful, family-friendly neighborhood. This condo is a ground-floor unit, providing easy access. The living room, kitchen, and dining area are all conveniently located in one room. The dark wood cabinets add a warm, rustic feel to the condo. The unit is well-lit, large windows prominently featured in every room. The unit comes equipped with several amenities, including a refrigerator, an A/C unit, and ceiling fans. The building is in a great location, a block from the beac and the boardwalk.

Last Agent to Sell the Property

Keti Lynch

(443) 235-5482 keti@shorepro.com Shoreline Properties Listed on: 04/21/2017

Last Buyer's Agent

Pam Wadler

(410) 726-6125 pam.wadler@era.com Coastal Resort Sales and Rent License #RB0031429

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,494

Year Built

  • Built in 1960

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Architectural Shingle Roof
  • Shingle Siding
  • Modular or Manufactured Materials
  • Piling Construction

Interior Spaces

  • 450 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Pool

  • Private Pool
  • Outdoor Shower

Schools

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

Additional Features

  • Cleared Lot
  • Flood Risk
  • Baseboard Heating

Community Details

  • Sea Nymph Community

Listing and Financial Details

  • Tax Lot 2B
  • Assessor Parcel Number 252709

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,494

Year Built

Built in 1960

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1960
  • Remarks Public: Sea Nymph 2B is a quaint, cozy condominium located on the ocean block of 16th Street perfect location just a step to the boardwalk. Great rental income $9k for 2017 plus one car parking. This one-bedroom, one-bathroom condo has a porch overlooking a peaceful, family-friendly neighborhood. This condo is a ground-floor unit, providing easy access. The living room, kitchen, and dining area are all conveniently located in one room. The dark wood cabinets add a warm, rustic feel to the condo. The unit is well-lit, large windows prominently featured in every room. The unit comes equipped with several amenities, including a refrigerator, an A/C unit, and ceiling fans. The building is in a great location, a block from the beac and the boardwalk.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Entry Level Bedroom, Entry Level Bedroom
  • Foundation Details: Pilings
  • Living Area Units: Square Feet
  • Total Sq Ft: 450
  • Living Area Sq Ft: 450
  • Price Per Sq Ft: 222.22
  • Above Grade Finished Sq Ft: 450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1605

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Shingle Siding, Modular/Manufactured
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2634.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Zoning Description: R3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5418361
  • Assessor Parcel Number: 252709
  • Tax Lot: 2B
  • County Tax Payment Frequency: Annually
  • Close Date: 01/05/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jan 4, 2018
Sold by
Light David W and Light Mariela F
Bought by
Hopkins David W and Hopkins Kathleen L
Seller's Agent
Keti Lynch
Shoreline Properties
Buyer's Agent
Pam Wadler
Coastal Resort Sales and Rent
List Price
$137,000
Sold Price
$99,500
Premium/Discount to List
-$37,500
-27.37%
Current Estimated Value
$216,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,820
Avg. Annual Appreciation
10.48%
Original Mortgage
$69,650
Outstanding Balance
$49,095
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$167,225

Purchase Details

Closed on
Apr 30, 2002
Sold by
Cook Joseph D and Cook Rosa M
Bought by
Light David W and Light Mariela F

Purchase Details

Closed on
Sep 23, 1986
Sold by
Smith Candi Jean and Smith Jeanne A
Bought by
Cook Joseph D and Cook Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,100
Interest Rate
10.07%

Purchase Details

Closed on
Sep 26, 1984
Sold by
Ocean City Conversions Inc
Bought by
Smith Candi Jean and Smith Jeanne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,510
Interest Rate
14.29%
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
Hopkins David W $99,500 Venture Title Co Llc
Light David W $79,900 --
Cook Joseph D $59,000 --
Smith Candi Jean $43,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopkins David W $69,650
Previous Owner Cook Joseph D $53,100
Previous Owner Smith Candi Jean $39,510
Closed Light David W --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2018 01/05/18 Sold $99,500 -0.5% $221 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/16/2017 11/16/17 Price Changed $100,000 -9.1% $222 / Sq Ft
10/09/2017 10/09/17 Price Changed $110,000 -19.7% $244 / Sq Ft
04/21/2017 04/21/17 For Sale $137,000 -- $304 / 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 $1,494 $114,300 $0 $0
2024 $1,494 $107,100 $0 $0
2023 $1,408 $99,900 $49,900 $50,000
2022 $1,404 $99,900 $49,900 $50,000
2021 $1,412 $99,900 $49,900 $50,000
2020 $1,387 $99,900 $49,900 $50,000
2019 $1,391 $97,800 $0 $0
2018 $1,348 $95,700 $0 $0
2017 $1,329 $93,600 $0 $0
2016 -- $93,600 $0 $0
2015 $1,544 $93,600 $0 $0
2014 $1,544 $123,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000518642

Bright MLS

APN: 10-252709