NOT LISTED FOR SALE

Estimated Value: $522,000 - $645,000

2 Beds
2 Baths
1,072 Sq Ft
1985 Built

Sale Details

Date Sold: March 9, 2018

Last sale price $359,000 $335 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,795 / mo

4 Days on Market

Highlights

  • Ocean View
  • Primary bedroom faces the ocean
  • Furnished
  • Ocean City Elementary School Rated A
  • Waterfront
  • Upgraded Countertops

About This Home

As of March 2018

Newly remodeled 2bed/2bth Ocean Front Unit. Fully Furnished so no additional expenses for furnishings. 2nd floor unit features beautiful Ocean Views. Building has elevator & underground parking. This is a turn Key unit. Wont Last long.

Last Agent to Sell the Property

Cynthia Hollowell

(443) 856-2211 chollowell@cbmove.com Coldwell Banker Realty License #619974 Listed on: 01/22/2018

Coldwell Banker Realty

Last Buyer's Agent

Jessica Lynch

(443) 856-2211 cinchwithlynchoc@gmail.com Coldwell Banker Realty License #652307

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • Waterfront
  • Cleared Lot

HOA Fees

  • $293 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Home Design

  • Entry on the 2nd floor
  • Built-Up Roof
  • Piling Construction
  • Stick Built Home
  • Dryvit Stucco
  • Masonry

Interior Spaces

  • 1,072 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom faces the ocean
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony
  • Porch

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

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

Listing and Financial Details

  • Tax Lot 205
  • Assessor Parcel Number 281806

Community Details

Overview

  • 1 Elevator
  • Mid-Rise Community
  • Salty Sands Community

Security

  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

HOA Fees

$293 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Exhaust Fan(s)
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1985
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 2
  • Interior Amenities: Entry Level Bedroom, Upgraded Countertops, Primary Bedroom - Ocean Front, Window Treatments
  • Window Features: Insulated, Screens
  • Door Features: Storm
  • Elevators Count: 1
  • Foundation Details: Pilings
  • Levels Count: 1
  • Living Area Units: Square Feet
  • Total Sq Ft: 1072
  • Living Area Sq Ft: 1072
  • Price Per Sq Ft: 344.22
  • Above Grade Finished Sq Ft: 1072
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Dryvit, Stick Built
  • Construction Completed: No
  • Roof: Built-Up
  • View: Ocean, Water
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Water Frontage Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Off Street, Assigned
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3516.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Outdoor Living Structures: Balcony, Porch(es)
  • Zoning Description: R3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 281806
  • Tax Lot: 205
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2018
Closed on
Mar 9, 2018
Sold by
Kindler Farnk M
Bought by
Hersh Curvin L and Hersh Jamie J
Seller's Agent
Cynthia Hollowell
Coldwell Banker Realty
Buyer's Agent
Jessica Lynch
Coldwell Banker Realty
List Price
$369,000
Sold Price
$359,000
Premium/Discount to List
-$10,000
-2.71%
Current Estimated Value
$576,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,624
Avg. Annual Appreciation
5.99%
Original Mortgage
$287,200
Outstanding Balance
$245,168
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$331,456

Purchase Details

Closed on
Mar 31, 2008
Sold by
Sushil Munshi
Bought by
Munshi Sushil Trustee & and Violet Ruth Munshi Trustee

Purchase Details

Closed on
Dec 17, 2007
Sold by
Sushil Munshi
Bought by
Munshi Sushil Trustee & and Violet Ruth Munshi Trustee

Purchase Details

Closed on
Aug 30, 1991
Sold by
Panebianco Ralph A and Panebianco Joyce A
Bought by
Munshi Sushil and Munshi Violet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
9.15%

Purchase Details

Closed on
Jul 26, 1985
Sold by
Beach Builders Limited Inc
Bought by
Panebianco Ralph A and Panebianco Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
12.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hersh Curvin L $359,000 Maryland Title Svcs
Munshi Sushil Trustee & -- --
Munshi Sushil Trustee & -- --
Munshi Sushil $160,000 --
Panebianco Ralph A $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hersh Curvin L $287,200
Previous Owner Munshi Sushil $110,000
Previous Owner Panebianco Ralph A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2018 03/09/18 Sold $359,000 -2.7% $335 / Sq Ft
01/27/2018 01/27/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $369,000 -- $344 / Sq Ft
Source: Bright MLS

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 $5,591 $409,433 $0 $0
2024 $5,175 $370,867 $0 $0
2023 $4,670 $332,300 $232,600 $99,700
2022 $4,670 $332,300 $232,600 $99,700
2021 $4,696 $332,300 $232,600 $99,700
2020 $4,695 $332,300 $232,600 $99,700
2019 $4,727 $332,300 $232,600 $99,700
2018 $4,680 $332,300 $232,600 $99,700
2017 $4,616 $332,300 $0 $0
2016 -- $325,133 $0 $0
2015 $4,644 $317,967 $0 $0
2014 $4,644 $310,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000519656

Bright MLS

APN: 10-281806

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