NOT LISTED FOR SALE

18 69th St Unit 8 Ocean City, MD 21842

Estimated Value: $277,705 - $294,000

1 Bed
1 Bath
612 Sq Ft
1982 Built

Last Sold April 08, 2021

Last sale price $203,000 $332 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,679/month

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Heat Pump System
  • Ocean City Elementary School Rated A
  • No HOA

About This Home

As of April 2021

fully renovated come enjoy the beach all year long in this fully renovated 3rd floor unit with ocean views small walk to the beach, near all shopping and dining walking distance. furnished currently set up with bunks for summer rentals option to put queen or king bed in main bedroom. List price includes all utilities (electric/water) and trash.

Last Agent to Rent the Property

Luis Couto

(410) 693-7116 luis2@silvercoasts.com Silver Coast Listed on: 01/27/2021

Last Renter's Agent

Luis Couto

(410) 693-7116 luis2@silvercoasts.com Silver Coast Listed on: 01/27/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,187

Year Built

  • Built in 1982

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 612 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $5,500
  • Tenant pays for insurance
  • Rent includes air conditioning, common area maintenance, electricity, furnished, hoa/condo fee, linens/utensils, parking, sewer, snow removal, taxes, trash removal, water
  • Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 1/27/21
  • Assessor Parcel Number 10-230993

Community Details

Overview

  • No Home Owners Association
  • Low-Rise Condominium
  • Summer Palace Community

Pet Policy

  • Pets Allowed
  • Pet Deposit $150
  • $50 Monthly Pet Rent

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,187

Year Built

Built in 1982

Lot Details

0

Rental Info

  • Date Available: 2021-01-27
  • Monthly Pet Rent: 50.00
  • Pet Deposit: 150.00
  • Pets: Pet Addendum/Deposit
  • Pets Allowed: Yes
  • Rent Includes: Air Conditioning, Common Area Maintenance, Electricity, Furnished, Hoa/Condo Fee, Linens/Utensils, Parking, Sewer, Snow Removal, Taxes, Trash Removal, Water
  • Security Deposit: 5500.00
  • Smoking Allowed Yn: Yes
  • Tenant Pays: Insurance
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Exclusions: mail box
  • Inclusions: condo fee, trash, water and electric
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1982
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplaces Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 612
  • Living Area Sq Ft: 612
  • Price Per Sq Ft: 7.35
  • 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

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • 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

  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R

Tax Info

  • Assessor Parcel Number: 5416460
  • Assessor Parcel Number: 10-230993

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Apr 7, 2021
Sold by
Couto Luis M
Bought by
Nair Ajeesh Gopinathan
Seller's Agent
Luis Couto
Silver Coast
Buyer's Agent
Luis Couto
Silver Coast
Sold Price
$4,500
Current Estimated Value
$285,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,426
Avg. Annual Appreciation
7.80%
Original Mortgage
$162,400
Outstanding Balance
$146,628
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$139,298

Purchase Details

Closed on
Jul 9, 2004
Sold by
Lawrence Arthur I and Lawrence Sylvia Y.
Bought by
Couto Luis M

Purchase Details

Closed on
Oct 11, 2000
Sold by
Torreyson Kevin A and Torreyson Patricia D
Bought by
Lawrence Arthur I and Lawrence Sylvia Y

Purchase Details

Closed on
Feb 29, 1996
Sold by
Milton Rehbein
Bought by
Torreyson Kevin A and Torreyson Patricia D
Source: Public Records

Range of Values:

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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
Nair Ajeesh Gopinathan $203,000 Highland Title & Escrow
Couto Luis M $186,000 --
Lawrence Arthur I $71,000 --
Torreyson Kevin A $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nair Ajeesh Gopinathan $162,400
Closed Lawrence Arthur I --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Rented $4,500 0.0% --
04/08/2021 04/08/21 Sold $203,000 +4411.1% $332 / Sq Ft View Prior Sale
03/11/2021 03/11/21 Pending -- -- --
03/03/2021 03/03/21 Under Contract -- -- --
03/03/2021 03/03/21 Rented $4,500 +76.5% --
02/06/2021 02/06/21 Price Changed $2,550 0.0% $4 / Sq Ft
02/06/2021 02/06/21 Price Changed $210,000 0.0% $343 / Sq Ft
01/27/2021 01/27/21 For Rent $2,650 0.0% --
01/23/2021 01/23/21 For Sale $199,500 0.0% $326 / Sq Ft
05/13/2020 05/13/20 Rented $1,595 -3.6% --
03/29/2020 03/29/20 For Rent $1,655 -- --
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

  • Luis Couto

    Landlord's Agent in 2021

    Luis Couto

    Silver Coast

    (410) 693-7116

    1 in this area

    20 Total Sales

    Luis Couto
    Section Image

  • D

    Buyer's Agent in 2021

    Daniel Sheppard

    Sheppard Realty Inc

    (410) 213-1265

    1 in this area

    1 Total Sale

    Daniel Sheppard
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO119786

Bright MLS

APN: 10-230993

Maryland Worcester County Ocean City 21842

18 69th St Unit 8, Ocean City, MD

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