NOT LISTED FOR SALE

17 70th St Unit 21 Ocean City, MD 21842

Estimated Value: $391,000 - $434,000

2 Beds
2 Baths
930 Sq Ft
1982 Built

Sale Details

Date Sold: September 20, 2024

Last sale price $424,900 $457 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,029 / mo

31 Days on Market

Highlights

  • Home fronts navigable water
  • Public Water Access
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • Public Beach
  • Building is oceanfront but unit may not have water views

About This Home

As of September 2024

SHOWINGS CAN STILL BE SCHEDULED. SELLER WILL PAY YOUR FIRST YEAR OF CONDO DUES! Discover your OCEANBLOCK dream coastal retreat with this stunning 2-bedroom, 2-bath condo in Summer Palace, perfectly situated in the heart of midtown Ocean City. Just steps from the sandy shores, this charming home offers modern amenities and recent upgrades for a comfortable and stylish beachside escape. Imagine preparing meals in a sleek, contemporary kitchen, featuring granite countertops, 42-inch cabinets, and brand-new appliances. Unwind in the cozy living space, complete with an electric fireplace that adds a touch of warmth and ambiance. Each morning, step out onto your private balcony to soak in the fresh ocean breeze and stunning sunrises. Location is everything, and this condo delivers! With the beach, entertainment, and a plethora of dining options within walking distance, every day promises a new adventure. Plus, the convenience of two dedicated parking spots and additional street parking makes coming and going a breeze. 70th Street boasts a traffic light and crosswalk for easy walking, biking, or driving. Recent updates include a new roof, water heater, and freshly resurfaced and painted exterior, walkways, and balconies. Whether it’s the allure of the ocean or the vibrant city atmosphere, this condo in Summer Palace is your perfect Ocean City gateway to an unforgettable coastal experience. Don't miss the opportunity to make this beachside paradise your own – your oasis awaits!

Last Agent to Sell the Property

Jennifer Hughes

(302) 360-0300 walt.t@kw.com Keller Williams Realty Listed on: 07/19/2024

Keller Williams Realty

Last Buyer's Agent

Kimberly Heaney

(410) 520-2600 ocwest@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #RS-0024912

Berkshire Hathaway HomeServices PenFed Realty-WOC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,146

Year Built

  • Built in 1982 | Remodeled in 2023

Lot Details

  • Building is oceanfront but unit may not have water views
  • Home fronts navigable water
  • Public Beach
  • Property is in excellent condition

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 930 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Electric Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Stacked Electric Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Public Parking
  • Tuck Under Parking
  • Private Parking
  • Paved Parking
  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 2410231132

Community Details

Overview

  • $250 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, reserve funds
  • Low-Rise Community
  • Summer Palace Community
  • Non Development Subdivision

Amenities

  • Common Area

Recreation

  • Fishing Allowed

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,146

Year Built

Built in 1982 | Remodeled in 2023

Lot Details

0 Sq Ft Lot

HOA Fees

$495 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat, Coastal
  • Ownership: Condominium
  • Exclusions: Artwork, TVs, Items in Drawers and Cabinets, Living Area TV Stand and Lamp, Wicker chair in owner's suite
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-07-20
  • Federal Flood Zone: No
  • Year Built: 1982
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Family Room Off Kitchen, Flat, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Upgraded Countertops, Window Treatments
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit, Main Floor
  • Total Sq Ft: 930
  • Living Area Sq Ft: 930
  • Price Per Sq Ft: 456.88
  • Above Grade Finished Sq Ft: 930
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Exterior Features: Sidewalks, Street Lights
  • Water Access Features: Fishing Allowed, Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking, Private, Public, Under Home Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot, On 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: Heat Pump(s)
  • 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: 495.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Reserve Funds
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 250.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3146.00
  • Assessor Parcel Number: 2410231132
  • Tax Lot: 21
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Sep 20, 2024
Sold by
Georgopoulos Sarantos and Georgopoulos Jennifer D
Bought by
Campbell Katrina C and Weinstein Michael S
Seller's Agent
Jennifer Hughes
Keller Williams Realty
Buyer's Agent
Kimberly Heaney
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$434,900
Sold Price
$424,900
Premium/Discount to List
-$10,000
-2.3%
Views
71
Current Estimated Value
$413,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,344
Avg. Annual Appreciation
-1.70%
Original Mortgage
$318,675
Outstanding Balance
$315,011
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$98,545

Purchase Details

Closed on
Jun 4, 2004
Sold by
Capobianco Filippo A
Bought by
Sarantos Georgopoulos and Georgopoulos Jennifer D

Purchase Details

Closed on
Dec 1, 2000
Sold by
Capobianco Filippo A and Capobianco Lucia
Bought by
Capobianco Filippo A and Capobianco Lucia

Purchase Details

Closed on
Jun 30, 1983
Sold by
Home Federal Savings & Loan Asso
Bought by
Capobianco Filippo A and Capobianco Lucia
Source: Public Records
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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
Campbell Katrina C $424,900 Capitol Title
Campbell Katrina C $424,900 Capitol Title
Sarantos Georgopoulos $285,000 --
Capobianco Filippo A $41,000 --
Capobianco Filippo A $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Katrina C $318,675
Closed Campbell Katrina C $318,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $424,900 0.0% $457 / Sq Ft
08/15/2024 08/15/24 Price Changed $424,900 -2.3% $457 / Sq Ft
07/19/2024 07/19/24 For Sale $434,900 -- $468 / Sq Ft
Source: Bright MLS

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 $4,064 $297,600 $0 $0
2024 $3,634 $260,400 $0 $0
2023 $3,146 $223,200 $111,600 $111,600
2022 $3,137 $223,200 $111,600 $111,600
2021 $3,154 $223,200 $111,600 $111,600
2020 $3,154 $223,200 $111,600 $111,600
2019 $3,007 $211,400 $0 $0
2018 $2,811 $199,600 $0 $0
2017 $2,653 $187,800 $0 $0
2016 -- $187,800 $0 $0
2015 $2,801 $187,800 $0 $0
2014 $2,801 $198,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2022196

Bright MLS

APN: 10-231132

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