NOT LISTED FOR SALE

18 69th St Unit 2 Ocean City, MD 21842

Estimated Value: $254,000 - $279,000

1 Bed
1 Bath
612 Sq Ft
$161/mo HOA Fee

Last Sold May 07, 2021

Last sale price $185,000 $302 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,743/month

Highlights

  • Modifications for wheelchair accessibility
  • Ocean City Elementary School Rated A
  • Electric Baseboard Heater

About This Home

As of May 2021

Don't miss the opportunity to own this one Bedroom one bathroom just steps to the beach. Easy asses to the unit and to the beach. Closer to so many restaurants and activities. Great rental income producing up to $14K for summer. Not in a rental program this year.

Last Agent to Sell the Property

Keti Lynch

(443) 235-5482 keti@shorepro.com Shoreline Properties Listed on: 04/04/2021

Last Buyer's Agent

Paul Freed

(302) 723-0858 callpaulfreed@gmail.com Karson Keys

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,599

Year Built

  • Built in 1982

HOA Fees

  • $161 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Masonry

Interior Spaces

  • 612 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Assigned parking located at #2
  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Utilities

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

Additional Features

  • Modifications for wheelchair accessibility
  • Flood Risk

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 10-230934

Community Details

Overview

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

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,599

Year Built

Built in 1982

Lot Details

0

HOA Fees

$161 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Wheelchair Mod
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Fully furnished Property has fireplace but has been shut down by association. Buyer can install electric one inside of current space or they can close up completely.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Assigned Parking Space Numbers: 2
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 612
  • Living Area Sq Ft: 612
  • Price Per Sq Ft: 307.19
  • 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: Masonry
  • 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot, Off Street
  • Parking Lot Number Of Spaces: 1

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
  • Utilities: Electric Available, Cable Tv, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 161.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-3
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5416454
  • Tax Annual Amount: 1599.00
  • Assessor Parcel Number: 10-230934
  • Tax Lot: 2
  • 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 4, 2021
Closed on
May 7, 2021
Sold by
Mishler Jeffrey T and Mishler Michele A
Bought by
Choi Jai Hyuk and Choi Kimberly Hutson
Seller's Agent
Keti Lynch
Shoreline Properties
Buyer's Agent
Paul Freed
Karson Keys
List Price
$188,000
Sold Price
$185,000
Premium/Discount to List
-$3,000
-1.6%
Current Estimated Value
$267,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,348
Avg. Annual Appreciation
8.57%
Original Mortgage
$148,000
Outstanding Balance
$134,125
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$133,223

Purchase Details

Listed on
Dec 12, 2017
Closed on
Apr 20, 2018
Sold by
Coastal Blue Worcester Ii Llc
Bought by
Mishler Jeffrey T and Mishler Michele A
Seller's Agent
Chris Jett
RE/MAX Advantage Realty
Buyer's Agent
Chris Jett
RE/MAX Advantage Realty
List Price
$129,900
Sold Price
$124,900
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%
Original Mortgage
$99,920
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2016
Sold by
Diversified Consulting Llc
Bought by
Coastal Blue Worcester Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2013
Sold by
Malaney Andrew J and Malaney Christine Lee
Bought by
Diversified Consulting Llc

Purchase Details

Closed on
Feb 15, 2001
Sold by
Purnell Larry L
Bought by
Malaney Andrew J

Purchase Details

Closed on
Nov 16, 1999
Sold by
Frantz David A
Bought by
Purnell Larry L
Source: Public Records

Range of Values:

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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
Choi Jai Hyuk $185,000 Brennan Title Company
Mishler Jeffrey T $124,900 Brennan Title Co
Coastal Blue Worcester Ii Llc $114,000 Real Estate Title & Escrow L
Diversified Consulting Llc $120,000 Real Estate Title & Escrow
Malaney Andrew J $75,000 --
Purnell Larry L $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Jai Hyuk $148,000
Previous Owner Mishler Jeffrey T $99,920
Previous Owner Coastal Blue Worcester Ii Llc $114,000
Closed Purnell Larry L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2021 05/07/21 Sold $185,000 -1.6% $302 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/04/2021 04/04/21 For Sale $188,000 +50.5% $307 / Sq Ft
04/20/2018 04/20/18 Sold $124,900 -3.8% $204 / Sq Ft View Prior Sale
03/09/2018 03/09/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $129,900 -- $212 / 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 $1,902 $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

  • Keti Lynch

    Seller's Agent in 2021

    Keti Lynch

    Shoreline Properties

    (443) 235-5482

    50 in this area

    54 Total Sales

    Keti Lynch
    Section Image
  • Paul Freed

    Buyer's Agent in 2021

    Paul Freed

    Karson Keys

    (302) 723-0858

    2 in this area

    6 Total Sales

    Paul Freed
    Section Image
  • Chris Jett

    Seller's Agent in 2018

    Chris Jett

    RE/MAX

    (443) 523-2360

    160 in this area

    207 Total Sales

    Chris Jett
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO121398

Bright MLS

APN: 10-230934

Maryland Worcester County Ocean City 21842

18 69th St Unit 2, Ocean City, MD

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