Seller's Agent in 2020
Kevin Heselbach
Engel & Völkers Ocean City
30 in this area
50 Total Sales
2 137th St Unit 204 Ocean City, MD 21842
Estimated Value: $279,000 - $304,000
1
Bed
1
Bath
525
Sq Ft
$167/mo
HOA Fee
Highlights
- Beach
- Home fronts navigable water
- Coastal Architecture
- Ocean City Elementary School Rated A
- Water Access
- Furnished
About This Home
As of October 2020Location, location, location... Ocean Block 1Br 1Ba unit located on the second floor in the Ahoy which is 1 building back from ocean. Great ocean views from large balcony. Sit back and relax to the sounds of the ocean just a few short steps away. Well maintained unit turn key that you can enjoy for your own personal get away as an investment. Property has always rented very well.
Last Agent to Sell the Property
kevin.heselbach@evrealestate.com Engel & Völkers Ocean City License #603734 Listed on: 09/09/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,285
Year Built
- Built in 1978
Lot Details
- Home fronts navigable water
HOA Fees
- $167 Monthly HOA Fees
Home Design
- Coastal Architecture
- Contemporary Architecture
- Entry on the 2nd floor
Interior Spaces
- 525 Sq Ft Home
- Property has 1 Level
- Furnished
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- 1 Off-Street Space
- 1 Assigned Parking Space
Outdoor Features
- Water Access
- Property is near an ocean
Utilities
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- Electric Water Heater
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 204
- Assessor Parcel Number 10-168260
Community Details
Overview
- Association fees include cable TV, exterior building maintenance, insurance, management, trash
- Low-Rise Condominium
- Ahoy Community
Recreation
- Beach
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2020
Closed on
Oct 30, 2020
Sold by
Campen Wendy L and Campen Sidney S
Bought by
Patel Priti and Patel Mayur
Seller's Agent
Kevin Heselbach
Engel & Völkers Ocean City
Buyer's Agent
Shawn Kotwica
Coldwell Banker Realty
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,996
Avg. Annual Appreciation
10.47%
Original Mortgage
$105,000
Outstanding Balance
$76,004
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$218,992
Purchase Details
Closed on
Feb 11, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Campen Wendy L and Campen Sidney S
Purchase Details
Closed on
Feb 26, 2014
Sold by
Farace Calvin S and Farace Maureen G
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Dec 2, 2004
Sold by
Penxa Diana K
Bought by
Farace Calvin S and Farace Maureen G
Purchase Details
Closed on
Sep 11, 2003
Sold by
Penxa Diana K
Bought by
Penxa Diana K and Penxa Eugene T
Purchase Details
Closed on
May 14, 2001
Sold by
Bowling Gladys R
Bought by
Penxa Diana K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Priti | $180,000 | Bright Ttl & Stlmt Svcs Llc | |
| Campen Wendy L | $119,000 | None Available | |
| Deutsche Bank National Trust Company | $110,438 | None Available | |
| Farace Calvin S | $225,000 | -- | |
| Penxa Diana K | -- | -- | |
| Penxa Diana K | $87,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Priti | $105,000 | |
| Closed | Penxa Diana K | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $180,000 | -2.7% | $343 / Sq Ft |
| 09/12/2020 09/12/20 | Pending | -- | -- | -- |
| 09/09/2020 09/09/20 | For Sale | $185,000 | -- | $352 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,376 | $180,933 | $0 | $0 |
| 2024 | $2,376 | $170,267 | $0 | $0 |
| 2023 | $2,250 | $159,600 | $79,800 | $79,800 |
| 2022 | $2,243 | $159,600 | $79,800 | $79,800 |
| 2021 | $2,255 | $159,600 | $79,800 | $79,800 |
| 2020 | $2,285 | $161,700 | $80,800 | $80,900 |
| 2019 | $2,275 | $159,933 | $0 | $0 |
| 2018 | $2,228 | $158,167 | $0 | $0 |
| 2017 | $2,126 | $156,400 | $0 | $0 |
| 2016 | -- | $149,767 | $0 | $0 |
| 2015 | $2,041 | $143,133 | $0 | $0 |
| 2014 | $2,041 | $136,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Heselbach
-
Pat Terrill
Seller Co-Listing Agent in 2020
Pat Terrill
Hileman Real Estate Inc.-OC
(443) 497-2332
4 in this area
5 Total Sales
-
Shawn Kotwica
Buyer's Agent in 2020
Shawn Kotwica
Coldwell Banker Realty
(724) 840-0572
124 in this area
240 Total Sales
-
Inna Kotwica
Buyer Co-Listing Agent in 2020
Inna Kotwica
Coldwell Banker Realty
(443) 365-6297
20 in this area
47 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO116692
APN: 10-168260
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