NOT LISTED FOR SALE

177 Jamestown Rd Unit 102 Ocean City, MD 21842

Estimated Value: $314,000 - $440,000

2 Beds
2 Baths
1,000 Sq Ft
$146/mo HOA Fee

Last Sold November 29, 2023

Last sale price $402,500 $402 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,566/month

4 Days on Market

Highlights

  • Boat Dock
  • Furnished
  • Dogs and Cats Allowed
  • Ocean City Elementary School Rated A
  • Electric Baseboard Heater

About This Home

As of November 2023

Introducing a stunning new direct bayfront listing, Unit 102 at Palm Bay East Condominium in Ocean City, MD! This exceptional waterfront property offers an enticing blend of features that make it a must-see, at a price point that simply cannot be beat.

Stunning Custom Flooring: Step into luxury with hand-laid brick-pattern flooring that sets this unit apart, showcasing meticulous craftsmanship and timeless elegance.

Captivating Bay Views: The southern-exposure bay views are nothing short of breathtaking. Enjoy the beauty of Ocean City's waterfront landscape from the comfort of your home. From sunrise to sunset, this home offers views unparalleled in Ocean City.

First-Floor Walkout Balcony: With a highly-desirable first-floor walkout balcony on the bay, you can savor morning coffee or evening sunsets right at your doorstep, creating a tranquil retreat.

Ample Parking: Say goodbye to parking hassles; this unit offers plenty of parking spaces, making life convenient for you and your guests.

Desirable North Ocean City Location: Located in highly-desirable North Ocean City, you'll have easy access to the area's attractions, restaurants, and the beach.

Boat slips: Palm Bay East condominium shares 5 boat-slips amongst the 6 property owners, meaning there's almost always a slip available for you and your boat!

Don't miss the chance to make this stunning unit your new home. Experience the epitome of coastal living at Palm Bay East Condominium.

Last Agent to Sell the Property

Grant Fritschle

(410) 430-5880 grant@markf.com Keller Williams Realty Delmarva License #RA0020779 Listed on: 11/06/2023

Keller Williams Realty Delmarva

Last Buyer's Agent

Grant Fritschle

(410) 430-5880 grant@markf.com Keller Williams Realty Delmarva License #RA0020779 Listed on: 11/06/2023

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 1972

HOA Fees

  • $146 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Built-Up Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level
  • Furnished

Kitchen

  • Electric Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 2410131197

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, pier/dock maintenance
  • Low-Rise Condominium
  • Palm Bay East Community

Amenities

  • Common Area

Recreation

  • Boat Dock

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,749

Year Built

Built in 1972

Lot Details

0

HOA Fees

$146 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: See Inventory Addendum
  • Inclusions: See Inventory Addendum
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 422.50
  • Above Grade Finished Sq Ft: 1000
  • 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, Frame, Stick Built, Stucco
  • Roof: Built-Up
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1750.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Pier/Dock Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: RESIDENTIAL CONDOMINIUM
  • Zoning Description: Residential Condominium
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2749.00
  • Assessor Parcel Number: 2410131197
  • Tax Lot: 102
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Nov 29, 2023
Sold by
Kirwan Thomas E and Kirwan Thomas Wayne
Bought by
Rotwein Michael and Rotwein Margaret
Seller's Agent
Grant Fritschle
Keller Williams Realty Delmarva
Buyer's Agent
Grant Fritschle
Keller Williams Realty Delmarva
List Price
$422,500
Sold Price
$402,500
Premium/Discount to List
-$20,000
-4.73%
Views
46
Current Estimated Value
$408,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,039
Avg. Annual Appreciation
-1.10%

Purchase Details

Closed on
Apr 8, 2013
Sold by
Kirwan Thomas Edgar and Kirwan Shirley F
Bought by
Kirwan Thomas E

Purchase Details

Closed on
Nov 1, 1990
Sold by
Koch Eugene W For Life
Bought by
Kirwan Thomas Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
10.17%
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
Rotwein Michael $402,500 None Listed On Document
Rotwein Michael $402,500 None Listed On Document
Kirwan Thomas E -- None Available
Kirwan Thomas Edgar $81,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirwan Thomas Edgar $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2023 11/29/23 Sold $402,500 -4.7% $403 / Sq Ft
11/06/2023 11/06/23 For Sale $422,500 -- $423 / 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 $3,254 $238,333 $0 $0
2024 $3,023 $216,667 $0 $0
2023 $2,082 $195,000 $97,500 $97,500
2022 $2,043 $195,000 $97,500 $97,500
2021 $2,017 $195,000 $97,500 $97,500
2020 $1,982 $196,800 $98,400 $98,400
2019 $1,945 $185,200 $0 $0
2018 $2,287 $173,600 $0 $0
2017 $1,839 $162,000 $0 $0
2016 -- $162,000 $0 $0
2015 -- $162,000 $0 $0
2014 $1,398 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2017406

Bright MLS

APN: 10-131197