NOT LISTED FOR SALE

200 59th St Unit 201 Ocean City, MD 21842

Ocean City Area

Estimated Value: $204,000 - $248,000

1 Bed
1 Bath
505 Sq Ft
1989 Built

Sale Details

Date Sold: October 27, 2022

Last sale price $195,000 $386 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,074 / mo

11 Days on Market

Highlights

  • Fitness Center
  • Furnished
  • Game Room
  • Ocean City Elementary School Rated A
  • Community Pool
  • Cooling Available

About This Home

As of October 2022

This is the condo you are looking for it offers all of the activity filled resort amenities of Coconut Malorie. This is a fully owned condo with no rental restrictions, use this one bedroom direct Bayfront condo for yourself or as a vacation rental. Ocean City is known for its attractions and boardwalk – which is packed with shops, restaurants, arcades and plenty of live music. Your new condo features a private balcony where you can enjoy Ocean City's famous sunset over the Isle of Wight Bay. An abundance of amenities are available to guests, including a heated outdoor pool (open from May to September), fitness facilities, and a billiards room. Coconut Malorie is a short distance to Ocean City's amazing beach where you can swim in the Atlantic Ocean or just bake in the sun.

Last Agent to Sell the Property

Mark Hall

(410) 723-3600 blawrence.rma@gmail.com RE/MAX Advantage Realty License #628153 Listed on: 09/15/2022

RE/MAX Advantage Realty

Last Buyer's Agent

Ryan Haley

(410) 524-0919 ryan@ryanhaley.com Atlantic Shores Sotheby's International Realty License #580256

Atlantic Shores Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1989

Lot Details

  • Two or More Common Walls
  • East Facing Home
  • Property is in good condition

HOA Fees

  • $626 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Dryvit Stucco

Interior Spaces

  • 505 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Terrazzo Flooring

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

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

Location

  • Flood Risk

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • 220 Volts
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Property is used as a vacation rental
  • Tax Lot 201
  • Assessor Parcel Number 2410369150

Community Details

Overview

  • Association fees include air conditioning, all ground fee, cable TV, common area maintenance, electricity, exterior building maintenance, health club, heat, high speed internet, insurance, lawn care front, lawn care rear, lawn maintenance, lawn care side, management, parking fee, reserve funds
  • 85 Units
  • 2 Elevators
  • Mid-Rise Community
  • Coconut Malorie Resort Condos, Phone Number (410) 723-6100
  • Coconut Malorie Reso Community

Amenities

  • Game Room
  • Meeting Room
  • Party Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,506

Year Built

Built in 1989

Lot Details

0 Sq Ft Lot

HOA Fees

$626 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: Personal Items
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Flooring Type: Terrazzo
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Elevators Count: 2
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 505
  • Living Area Sq Ft: 505
  • Price Per Sq Ft: 405.94
  • Above Grade Finished Sq Ft: 505
  • 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, Dryvit, Frame
  • Roof: Metal, Pitched
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • 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: Heat Pump(s)
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, DSL, Broadband

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 7512.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Coconut Malorie Resort
  • Condo Co-Op Phone: 4107236100
  • HOA Condo Co-Op Amenities: Exercise Room, Fitness Center, Game Room, Meeting Room, Pool - Outdoor, Party Room
  • HOA Condo Co-Op Fee Includes: Air Conditioning, All Ground Fee, Cable Tv, Common Area Maintenance, Electricity, Ext Bldg Maint, Health Club, Heat, High Speed Internet, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Maintenance, Lawn Care Side, Management, Parking Fee, Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Zoning: B-1
  • Zoning Description: commercial
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5427750
  • Tax Annual Amount: 1506.00
  • Assessor Parcel Number: 2410369150
  • Tax Lot: 201
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Federal Flood Zone: A-E

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 27, 2022
Sold by
Bought by
Seller's Agent
Mark Hall
RE/MAX Advantage Realty
Buyer's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
List Price
$205,000
Sold Price
$195,000
Premium/Discount to List
-$10,000
-4.88%
Views
19
Current Estimated Value
$229,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,738
Avg. Annual Appreciation
4.44%

Purchase Details

Closed on
Oct 12, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$195,000 --
$204,900 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold $195,000 -4.9% $386 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $205,000 -- $406 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,241 $164,100 $0 $0
2024 $1,902 $136,300 $0 $0
2023 $1,525 $108,500 $54,200 $54,300
2022 $1,501 $106,833 $0 $0
2021 $1,486 $105,167 $0 $0
2020 $1,468 $103,500 $51,700 $51,800
2019 $1,468 $103,500 $51,700 $51,800
2018 $1,458 $103,500 $51,700 $51,800
2017 $1,613 $113,600 $0 $0
2016 $1,661 $113,600 $0 $0
2015 $2,000 $113,600 $0 $0
2014 $2,000 $125,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2010292

Bright MLS

APN: 10-369150

Your Personal Tour Guide

Ask me questions while you tour the home.