NOT LISTED FOR SALE

18 69th St Unit 7 Ocean City, MD 21842

Estimated Value: $381,000 - $398,000

2 Beds
2 Baths
842 Sq Ft
$236/mo HOA Fee

Last Sold July 16, 2021

Last sale price $305,000 $362 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,560/month

Highlights

  • Open Floorplan
  • 1 Fireplace
  • Heat Pump System
  • Ocean City Elementary School Rated A
  • Central Air

About This Home

As of July 2021

Wood burning fireplace no longer usable, buyer has two options 1. close up fireplace , 2. install an electric fireplace with heat. Bright Southern Exposure building with large balcony and it is an easy walk to the beach two assigned parking spaces. Near town center and restaurants and mini-golf. . On rental rpgram for sumemr of 2021

Last Agent to Sell the Property

Keti Lynch

(443) 235-5482 keti@shorepro.com Shoreline Properties Listed on: 04/12/2021

Last Buyer's Agent

Shelley Walter

(717) 968-1923 shelley.walter@cbhomes.com Coldwell Banker Realty License #RS300065

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1982

HOA Fees

  • $236 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Piling Construction
  • Masonry

Interior Spaces

  • 842 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Location

  • Flood Risk

Schools

  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • 30 Units
  • Low-Rise Condominium
  • Summer Palace Community

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 10-230985

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,913

Year Built

Built in 1982

Lot Details

0

HOA Fees

$236 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
  • Inclusions: Fully furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Interior Amenities: Floor Plan - Open
  • Fireplaces Count: 1
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 842
  • Living Area Sq Ft: 842
  • Price Per Sq Ft: 378.86
  • Above Grade Finished Sq Ft: 842
  • 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: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot
  • 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: 236.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5416459
  • Tax Annual Amount: 2913.00
  • Assessor Parcel Number: 10-230985
  • Tax Lot: 7
  • 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 12, 2021
Closed on
Jul 16, 2021
Sold by
Allan Kathleen M
Bought by
Meyers Brandy
Seller's Agent
Keti Lynch
Shoreline Properties
Buyer's Agent
Shelley Walter
Coldwell Banker Realty
List Price
$335,000
Sold Price
$305,000
Premium/Discount to List
-$30,000
-8.96%
Current Estimated Value
$388,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,009
Avg. Annual Appreciation
5.77%
Original Mortgage
$244,000
Outstanding Balance
$221,595
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$166,414

Purchase Details

Closed on
Apr 2, 2002
Sold by
Persinger Jack E and Persinger Donna J
Bought by
Alan Kathleen M

Purchase Details

Closed on
May 20, 1983
Sold by
Home Federal Savings & Loan Asso
Bought by
Persinger Jack E and Persinger Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
12.55%
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
Meyers Brandy $305,000 Mid Atlantic Stlmt Svcs Llc
Alan Kathleen M $163,000 --
Persinger Jack E $68,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyers Brandy $244,000
Previous Owner Persinger Jack E $62,000
Closed Alan Kathleen M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $305,000 -4.4% $362 / Sq Ft
05/03/2021 05/03/21 Price Changed $319,000 -4.8% $379 / Sq Ft
04/12/2021 04/12/21 For Sale $335,000 -- $398 / 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 $3,518 $257,600 $0 $0
2024 $3,313 $237,400 $0 $0
2023 $3,052 $217,200 $108,600 $108,600
2022 $3,001 $213,533 $0 $0
2021 $2,966 $209,867 $0 $0
2020 $2,801 $206,200 $103,100 $103,100
2019 $2,810 $197,500 $0 $0
2018 $2,659 $188,800 $0 $0
2017 $2,557 $180,100 $0 $0
2016 -- $180,100 $0 $0
2015 $2,667 $180,100 $0 $0
2014 $2,667 $189,400 $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
  • Shelley Walter

    Buyer's Agent in 2021

    Shelley Walter

    Coldwell Banker Realty

    (717) 968-1923

    25 in this area

    149 Total Sales

    Shelley Walter
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO121668

Bright MLS

APN: 10-230985

Maryland Worcester County Ocean City 21842

18 69th St Unit 7, Ocean City, MD

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