NOT LISTED FOR SALE

2 121st St Unit 302 Ocean City, MD 21842

Estimated Value: $554,000 - $622,000

2 Beds
2 Baths
1,296 Sq Ft
$463/mo HOA Fee

Last Sold May 08, 2020

Last sale price $415,000 $320 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,034/month

Highlights

  • Ocean Front
  • Water Access
  • Open Floorplan
  • Ocean City Elementary School Rated A
  • Sandy Beach
  • Balcony

About This Home

As of May 2020

Enjoy absolutely stunning Ocean Views from your wrap around balcony! This unit has East and Southern Views! This 2 Bedroom, 2 Bath unit features beautiful Ceramic Tile flooring, Stainless Steel Appliances and is located in desirable, North Ocean City. Small, Masonry Building with an Elevator- Who could ask for anything more!?

Last Agent to Sell the Property

Ryan Haley

(443) 880-8078 ryan@ryanhaley.com Atlantic Shores Sotheby's International Realty License #580256 Listed on: 12/27/2019

Atlantic Shores Sotheby's International Realty

Last Buyer's Agent

Tammy Medlock

(410) 320-4008 tammymedlockocrealtor@gmail.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,439

Year Built

  • Built in 1983

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach

HOA Fees

  • $463 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Built-Up Roof
  • Stick Built Home
  • Masonry

Interior Spaces

  • 1,296 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Kitchen

  • Electric Oven or Range
  • Down Draft Cooktop
  • Built-In Microwave
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

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

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Balcony
  • Wrap Around Porch

Schools

  • Ocean City Elementary School
  • Berlin Intermediate School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot 302
  • Assessor Parcel Number 10-247136

Community Details

Overview

  • Association fees include cable TV, common area maintenance
  • Mid-Rise Condominium
  • Versaille Community
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,439

Year Built

Built in 1983

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-12-27
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Remarks Public: Enjoy absolutely stunning Ocean Views from your wrap around balcony! This unit has East and Southern Views! This 2 Bedroom, 2 Bath unit features beautiful Ceramic Tile flooring, Stainless Steel Appliances and is located in desirable, North Ocean City. Small, Masonry Building with an Elevator- Who could ask for anything more!?
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop - Down Draft, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Elevator, Floor Plan - Open, Primary Bath(s)
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1296
  • Living Area Sq Ft: 1296
  • Price Per Sq Ft: 331.71
  • Above Grade Finished Sq Ft: 1296
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

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, Stick Built
  • Exterior Features: Outside Shower
  • Roof: Built-Up
  • Water Access Features: Public Beach
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1390.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: BERLIN INTERMEDIATE SCHOOL
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: BERLIN INTERMEDIATE SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Wrap Around
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5417864
  • Tax Annual Amount: 5439.00
  • Assessor Parcel Number: 10-247136
  • Tax Lot: 302
  • Tax Total Finished Sq Ft: 1296
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 05/08/2020

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2019
Closed on
May 9, 2020
Sold by
Deluca John J
Bought by
Patchan Andrew and Patchan Linda
Seller's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
Buyer's Agent
Tammy Medlock
Coldwell Banker Realty
List Price
$429,900
Sold Price
$415,000
Premium/Discount to List
-$14,900
-3.47%
Current Estimated Value
$587,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,979
Avg. Annual Appreciation
6.58%
Original Mortgage
$373,450
Outstanding Balance
$330,929
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$257,051

Purchase Details

Closed on
Sep 25, 2008
Sold by
Deutsche Bank National
Bought by
Deluca John J and Deluca Irene M

Purchase Details

Closed on
Sep 8, 2008
Sold by
Deutsche Bank National
Bought by
Deluca John J and Deluca Irene M

Purchase Details

Closed on
Oct 20, 2000
Sold by
Miller Frank J
Bought by
Miller Frank J and Miller Cynthia F

Purchase Details

Closed on
Jan 6, 1999
Sold by
Wilson Richard C and Wilson Charmaine
Bought by
Miller Frank J
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
Patchan Andrew $415,000 Mid Atlantic Setmnt Svcs Llc
Deluca John J $409,900 --
Deutsche Bank National $551,000 --
Deluca John J $409,900 --
Deutsche Bank National $551,000 --
Miller Frank J -- --
Miller Frank J $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patchan Andrew $373,450
Closed Miller Frank J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2020 05/08/20 Sold $415,000 -3.5% $320 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $429,900 -- $332 / 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 $5,839 $427,633 $0 $0
2024 $5,786 $414,667 $0 $0
2023 $5,645 $401,700 $281,100 $120,600
2022 $5,555 $395,233 $0 $0
2021 $5,494 $388,767 $0 $0
2020 $5,402 $382,300 $267,600 $114,700
2019 $5,254 $369,333 $0 $0
2018 $5,019 $356,367 $0 $0
2017 $4,703 $343,400 $0 $0
2016 -- $331,300 $0 $0
2015 $4,603 $319,200 $0 $0
2014 $4,603 $307,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO111004

Bright MLS

APN: 10-247136