NOT LISTED FOR SALE

177 Jamestown Rd Unit 202 Ocean City, MD 21842

Estimated Value: $379,020 - $451,000

2 Beds
2 Baths
1,000 Sq Ft
$100/mo HOA Fee

Last Sold October 18, 2019

Last sale price $245,000 $245 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,551/month

90 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Boat Dock
  • Water Access
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Contemporary Architecture

About This Home

As of October 2019

Wide Open View of the Bay! This beautiful 2 Bedroom 2 Bath Condo is located on direct bay front building. Wake up every day to see the sunrise and spectacular sunsets right from your private balcony. Extra large NEW common area deck bulkhead and slips. Boat slips available to all owners, first come first serve...but as you can see several slips are available in this picture. New roof! This building has been well maintained by the owners and the Condo Association. Affordable association fees. This condo is being sold fully furnished. This was their beach home and was only rented to friends and family occasionally, very gently used. Close to restaurants,shopping, miniature golf, the ocean, Delaware beaches and tax free shopping. Come see this fabulous condo while you can!

Last Agent to Sell the Property

Edith Brennan

(410) 208-3501 edie.brennan@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP Listed on: 06/24/2019

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Leslie Miller

(410) 218-0130 leslie.miller@cbrealty.com Coldwell Banker Realty License #660195

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1972

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Frame Construction
  • Built-Up Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property near a bay

Schools

  • Ocean City Elementary School
  • Stephen Decatur High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Home fronts navigable water
  • Flood Risk

Listing and Financial Details

  • Tax Lot 3974A
  • Assessor Parcel Number 10-133432

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, pier/dock maintenance
  • $50 Other Monthly Fees
  • Low-Rise Condominium
  • Palm Bay Condos
  • Palm Bay East Community

Amenities

  • Common Area

Recreation

  • Boat Dock

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,800

Year Built

Built in 1972

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Exclusions: All Jimmy Buffet Art, statues,ect..
  • Home Warranty: No
  • Inclusions: Sold furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Entry Floor: 2
  • Interior Amenities: Kitchen - Galley, Dining Area, Primary Bath(s), Primary Bedroom - Bay Front, Ceiling Fan(s), Window Treatments
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bathroom 2
  • Basement: No
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 268.90
  • 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: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 100.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Palm Bay
  • 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: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 600.00
  • Other Fees Frequency: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5408151
  • Tax Annual Amount: 2800.00
  • Assessor Parcel Number: 10-133432
  • Tax Lot: 3974A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Oct 18, 2019
Sold by
Nichols Eric T and Nichols Sheila K
Bought by
Richards Thomas H and Richards Janet L
Seller's Agent
Edith Brennan
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Leslie Miller
Coldwell Banker Realty
List Price
$274,900
Sold Price
$245,000
Premium/Discount to List
-$29,900
-10.88%
Current Estimated Value
$414,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,505
Avg. Annual Appreciation
8.94%

Purchase Details

Closed on
Jun 7, 2006
Sold by
Spitzer Glenn M and Spitzer Virginia H
Bought by
Nichols Eric T and Nichols Sheila K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,200
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 3, 2006
Sold by
Spitzer Glenn M and Spitzer Virginia H
Bought by
Nichols Eric T and Nichols Sheila K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,200
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 23, 1994
Sold by
Quinn Thomas A and Quinn Ursula D
Bought by
Spitzer Glenn M and Spitzer Virginia H

Purchase Details

Closed on
Jan 8, 1986
Sold by
Sea Bay Properties
Bought by
Quinn Thomas A and Quinn Ursula D

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
10.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richards Thomas H $245,000 Ocean Investments Title Corp
Nichols Eric T $328,000 --
Nichols Eric T $328,000 --
Spitzer Glenn M $80,000 --
Quinn Thomas A $63,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nichols Eric T $49,200
Previous Owner Nichols Eric T $262,400
Previous Owner Nichols Eric T $262,400
Previous Owner Quinn Thomas A $60,000
Closed Spitzer Glenn M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $245,000 -8.9% $245 / Sq Ft
09/22/2019 09/22/19 Pending -- -- --
08/21/2019 08/21/19 Price Changed $268,900 -2.2% $269 / Sq Ft
06/24/2019 06/24/19 For Sale $274,900 -- $275 / 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 $2,740 $195,000 $97,500 $97,500
2022 $2,740 $195,000 $97,500 $97,500
2021 $2,756 $195,000 $97,500 $97,500
2020 $2,781 $196,800 $98,400 $98,400
2019 $2,635 $185,200 $0 $0
2018 $2,445 $173,600 $0 $0
2017 $2,300 $162,000 $0 $0
2016 -- $162,000 $0 $0
2015 $2,848 $162,000 $0 $0
2014 $2,848 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Edith Brennan

    Berkshire Hathaway HomeServices PenFed Realty - OP

    Section Image
  • Leslie Miller

    Buyer's Agent in 2019

    Leslie Miller

    Coldwell Banker Realty

    (410) 218-0130

    35 in this area

    77 Total Sales

    Leslie Miller
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO107228

Bright MLS

APN: 10-133432

Maryland Worcester County Ocean City 21842

177 Jamestown Rd Unit 202, Ocean City, MD

Not Listed for Sale

Condos

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