NOT LISTED FOR SALE

17 70th St Unit 27 Ocean City, MD 21842

Estimated Value: $271,616 - $294,000

1 Bed
1 Bath
612 Sq Ft
$148/mo HOA Fee

Last Sold October 09, 2020

Last sale price $172,500 $282 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,794/month

Highlights

  • Coastal Architecture
  • Furnished
  • Property is in very good condition
  • Ocean City Elementary School Rated A
  • Skylights
  • Wood Burning Fireplace

About This Home

As of October 2020

Worth the walk up to light filled one-bedroom! The west end beach home will blow you away. Gable west windows allow afternoon sun to cascade throughout the bedroom and the great room. Additionally, this top floor beauty boasts a cathedral ceiling and clerestory window for yet more light. Equipped with a wood fireplace, assigned parking, and a very short walk to the beach! The north facing balcony gives you views of both the ocean and the bay! Also, conveniently located near popular restaurants and attractions. You can't ask for more than this, come see for yourself!

Last Agent to Sell the Property

Terry Riley

(443) 880-0512 terry@sunsetisland.net RE/MAX Advantage Realty Listed on: 02/28/2020

RE/MAX Advantage Realty

Last Buyer's Agent

Chelsea Tull

(301) 655-3970 chelsea.tull@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,610

Year Built

  • Built in 1982

HOA Fees

  • $148 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 4th floor

Interior Spaces

  • 612 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Schools

  • Ocean City Elementary School
  • Berlin Intermediate School
  • Stephen Decatur High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Property is in very good condition
  • Flood Risk

Community Details

  • Low-Rise Condominium
  • Summer Palace Community
  • Non Development Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 10-231191

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,610

Year Built

Built in 1982

Lot Details

0

HOA Fees

$148 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Entry Floor: 4
  • Interior Amenities: Skylight(s), Window Treatments
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 612
  • Living Area Sq Ft: 612
  • Price Per Sq Ft: 308.82
  • Above Grade Finished Sq Ft: 612
  • 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: Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • 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: 147.64
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

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: BERLIN INTERMEDIATE SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5416479
  • Tax Annual Amount: 1610.00
  • Assessor Parcel Number: 10-231191
  • Tax Lot: 27
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Oct 9, 2020
Sold by
Russell Charles A and Russell Susan
Bought by
Topouzglou Anastasios and Topouzoglou Patricia N
Seller's Agent
Terry Riley
RE/MAX Advantage Realty
Buyer's Agent
Chelsea Tull
Coldwell Banker Realty
List Price
$189,000
Sold Price
$172,500
Premium/Discount to List
-$16,500
-8.73%
Current Estimated Value
$279,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,154
Avg. Annual Appreciation
10.02%
Original Mortgage
$138,000
Outstanding Balance
$98,971
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$180,683

Purchase Details

Closed on
May 18, 2004
Sold by
Thomas Michael A
Bought by
Russell Charles A and Russell Susan

Purchase Details

Closed on
Nov 20, 2003
Sold by
Lee Ramsay Diana
Bought by
Thomas Michael A and Thomas Hope E

Purchase Details

Closed on
Jun 8, 1983
Sold by
Home Federal Savings & Loan Asso
Bought by
Ramsay Diana Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
12.74%
Source: Public Records

Range of Values:

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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
Topouzglou Anastasios $172,500 Title Resources Guaranty Co
Russell Charles A $181,500 --
Thomas Michael A $150,000 --
Ramsay Diana Lee $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Topouzglou Anastasios $138,000
Previous Owner Ramsay Diana Lee $44,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $172,500 -8.7% $282 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $189,000 -- $309 / 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 $2,187 $160,133 $0 $0
2024 $1,907 $136,667 $0 $0
2023 $1,591 $113,200 $56,600 $56,600
2022 $1,591 $113,200 $56,600 $56,600
2021 $1,600 $113,200 $56,600 $56,600
2020 $1,599 $113,200 $56,600 $56,600
2019 $1,610 $113,200 $56,600 $56,600
2018 $1,594 $113,200 $56,600 $56,600
2017 $1,624 $114,400 $0 $0
2016 -- $114,400 $0 $0
2015 $1,902 $114,400 $0 $0
2014 $1,902 $132,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Terry Riley

    RE/MAX

    (443) 880-0512

    158 in this area

    199 Total Sales

    Terry Riley
    Section Image
  • Chelsea Tull

    Buyer's Agent in 2020

    Chelsea Tull

    Coldwell Banker Realty

    (301) 655-3970

    40 in this area

    59 Total Sales

    Chelsea Tull
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO112482

Bright MLS

APN: 10-231191

Maryland Worcester County Ocean City 21842

17 70th St Unit 27, Ocean City, MD

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