NOT LISTED FOR SALE

1607 Baltimore Ave Unit 3B SEA NYMPH Ocean City, MD 21842

Estimated Value: $202,355 - $230,000

1 Bed
1 Bath
450 Sq Ft
$217/mo HOA Fee

Last Sold December 04, 2020

Last sale price $129,900 $289 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,485/month

198 Days on Market

Highlights

  • Building is oceanfront but unit may not have water views
  • Open Floorplan
  • Main Floor Bedroom
  • Ocean City Elementary School Rated A
  • Coastal Architecture
  • Furnished

About This Home

As of December 2020

Kick back and relax! Easy on the wallet, prime low-island location just 1/2 short block to the beach between Baltimore Avenue & 16th Street, across from the Boardwalk. 1 Bedroom, 1 Bath, convenient 1st floor with a private porch (ideal for storing bikes). Self-managed 2 Building, total 24 condo Complex, well run by longtime Owners. Condo Fee includes cable, central hot water, coin-op laundry room, outdoor pool. This condo also includes parking space #2 on private bayside lot @ St. Louis Avenue & 15th Street, held as LOT 33, LLC. Easy-to-own, popular location as weekly, seasonal and year-round rental (expect $750/month + electric). Condo Fee @ $236/month includes Lot Fee, Real Estate Taxes @ $118/month. $500 Buyer capital contribution fee with transfer of ownership. If you prefer the Boardwalk & Beach, this should be your condo: no need to drive, within 2 blocks of great eats, drug store, bus stop and fun. No rentals to honor, available for immediate enjoyment. Note: fenced park lot @ Baltimore & 17th belongs to Hotel, not this Complex.

Last Agent to Sell the Property

Joy Isenberg Snyder

(410) 723-3600 joy@joysnyder.com RE/MAX Advantage Realty Listed on: 04/11/2020

RE/MAX Advantage Realty

Last Buyer's Agent

James Bacco

jimmybacco@gmail.com Keller Williams Realty Delmarva License #311079

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,411

Year Built

  • Built in 1960

Lot Details

  • Building is oceanfront but unit may not have water views
  • No Units Located Below
  • Two or More Common Walls
  • South Facing Home
  • Partially Fenced Property
  • Vinyl Fence

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Shingle Siding
  • Asbestos
  • Piling Construction

Interior Spaces

  • 450 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Replacement Windows
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • Living Room
  • Crawl Space
  • Non-Monitored Security

Kitchen

  • Kitchen in Efficiency Studio
  • Electric Oven or Range
  • Stove
  • Range Hood
  • Microwave
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Assigned parking located at #2
  • Private Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking
  • Off-Site Parking
  • Surface Parking
  • Parking Space Conveys
  • 1 Assigned Parking Space
  • Fenced Parking

Outdoor Features

  • Outdoor Shower
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Wall Furnace
  • Vented Exhaust Fan
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3B
  • Assessor Parcel Number 10-252717

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, insurance, laundry, lawn maintenance, pool(s), reserve funds, snow removal, water
  • $19 Other Monthly Fees
  • 24 Units
  • Low-Rise Condominium
  • Sea Nymph Condominium Association Condos
  • Built by Ocean City Conversions, Inc.
  • Sea Nymph Community

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Fenced around community
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,411

Year Built

Built in 1960

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Condominium
  • Exclusions: SMALL DOLPHIN TABLE in LIVING ROOM (please note on Itemized Inventory Report in Documents - Seller adjusted after listing was activated).
  • Historic: No
  • Home Warranty: No
  • Inclusions: ITEMIZED INVENTORY PROVIDED.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1960
  • Assigned Parking Space Numbers: 2
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Exhaust Fan, Microwave, Oven - Single, Oven/Range - Electric, Range Hood, Refrigerator, Stove
  • Entry Floor: 1
  • Flooring Type: Vinyl, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Flat, Floor Plan - Open, Kitchen - Efficiency, Tub Shower, Window Treatments
  • Window Features: Double Hung, Double Pane, Insulated, Replacement, Screens
  • Fireplace: No
  • Common Walls: 2+ Common Walls, No One Below
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings, Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Bedroom 1, Bathroom 1
  • Basement: No
  • Laundry Type: Common, Shared
  • Total Sq Ft: 450
  • Living Area Sq Ft: 450
  • Price Per Sq Ft: 300.00
  • Above Grade Finished Sq Ft: 450
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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: Frame, Asbestos, Shingle Siding
  • Exterior Features: Exterior Lighting, Outside Shower, Sidewalks, Street Lights
  • Road Surface Type: Black Top, Paved
  • Roof: Asphalt, Shingle
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Fenced, Parking Space Conveys, Private, Surface
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Site, Off Street, On Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Wall Unit
  • Heating: Yes
  • Security: Non-Monitored, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available, Other
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 650.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: SEA NYMPH CONDOMINIUM ASSOCIATION
  • HOA Condo Co-Op Amenities: Cable, Common Grounds, Fencing, Laundry Facilities, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Insurance, Laundry, Lawn Maintenance, Pool(s), Reserve Funds, Snow Removal, Water
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Loss Mitigation Fee?: No
  • Other Fees: 225.00
  • Other Fees Frequency: Annually
  • Capital Contribution Fee: 500.00

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially, Vinyl
  • Improvement Assessed Value: 50000.00
  • Land Assessed Value: 49900.00
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Porch(es)
  • Soil Types: Sandy
  • Zoning: R-3
  • Zoning Description: RESIDENTIAL APPLICATION
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Ocean City Conversions, Inc.

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis, Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5418362
  • Tax Annual Amount: 1411.49
  • Assessor Parcel Number: 10-252717
  • Tax Lot: 3B
  • Tax Page Number: 652
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2020
Closed on
Dec 4, 2020
Sold by
Butka Joseph and Butka Barbara J
Bought by
Bove Charles Christopher and Bove Danielle
Seller's Agent
Joy Isenberg Snyder
RE/MAX Advantage Realty
Buyer's Agent
James Bacco
Keller Williams Realty Delmarva
List Price
$140,000
Sold Price
$129,900
Premium/Discount to List
-$10,100
-7.21%
Current Estimated Value
$216,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,439
Avg. Annual Appreciation
10.72%
Original Mortgage
$103,920
Outstanding Balance
$92,263
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$124,076

Purchase Details

Closed on
Jun 26, 2007
Sold by
Greenpoint Mortgage Funding
Bought by
Butka Butka Joseph Joseph and Butka Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2007
Sold by
Greenpoint Mortgage Funding
Bought by
Butka Butka Joseph Joseph and Butka Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2005
Sold by
Goodman Carol H
Bought by
Haines Haines Bruce E Bruce E and Haines Carolyn A

Purchase Details

Closed on
Mar 4, 2003
Sold by
Tate Ellen M
Bought by
Fournakis Goodman Carol H and Fournakis Joyce E

Purchase Details

Closed on
Dec 12, 1995
Sold by
Basil Ronald W and Basil Sharon K
Bought by
Tate Ellen M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bove Charles Christopher $129,900 Brennan Title Co
Bove Charles Christopher $129,900 Brennan Title Co
Butka Butka Joseph Joseph $140,000 --
Greenpoint Mortgage Funding $164,000 --
Butka Butka Joseph Joseph $140,000 --
Greenpoint Mortgage Funding $164,000 --
Butka Butka Joseph Joseph $140,000 --
Greenpoint Mortgage Funding $164,000 --
Butka Butka Joseph Joseph $140,000 --
Greenpoint Mortgage Funding $164,000 --
Haines Haines Bruce E Bruce E $184,000 --
Haines Haines Bruce E Bruce E $184,000 --
Fournakis Goodman Carol H $129,900 --
Fournakis Goodman Carol H $129,900 --
Tate Ellen M $42,500 --
Tate Ellen M $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bove Charles Christopher $103,920
Previous Owner Greenpoint Mortgage Funding $133,000
Previous Owner Greenpoint Mortgage Funding $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $129,900 -3.8% $289 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $135,000 -3.6% $300 / Sq Ft
04/11/2020 04/11/20 For Sale $140,000 -- $311 / 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 $1,561 $114,300 $0 $0
2024 $1,494 $107,100 $0 $0
2023 $1,404 $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 $1,391 $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: MDWO113198

Bright MLS

APN: 10-252717