R
Seller's Agent in 2024
Ryan Haley
Atlantic Shores Sotheby's International Realty
200 59th St Unit 302 Ocean City, MD 21842
1
Bed
1
Bath
486
Sq Ft
$626/mo
HOA Fee
Highlights
- Coastal Architecture
- Furnished
- Central Air
- Ocean City Elementary School Rated A
- Community Pool
- Back Up Electric Heat Pump System
About This Home
As of November 2021This is your opportunity to own one of the nicest Direct Bayfront Condos in Ocean City. Beautifully furnished 1 bedroom, 1 full bath luxury condo professionally managed allowing you to enjoy the very best of Coastal Living with your special someone. When you are not at the beach enjoying the sunsets from your balcony or walking across the bridge to Fager's Island, allow the management company to market and rent your unit. In addition to attached Rental Statements from the Management Company, this Condo has been rented for $700 per month off-season. New sofa, curtains, table and chairs. This one won't last long, take advantage of this opportunity and welcome to the Coconut Malorie Resort!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,492
Year Built
- Built in 1989
HOA Fees
- $626 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Coastal Architecture
Interior Spaces
- 486 Sq Ft Home
- Furnished
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Utilities
- Central Air
- Back Up Electric Heat Pump System
- Electric Water Heater
Additional Features
- Doors are 32 inches wide or more
- Flood Risk
Listing and Financial Details
- Tax Lot 302
- Assessor Parcel Number 10-369363
Community Details
Overview
- Association fees include broadband, cable TV, common area maintenance, electricity, exterior building maintenance, heat, insurance, pool(s), recreation facility, reserve funds, sewer, trash, water
- Mid-Rise Condominium
- Coconut Malorie Reso Community
- Property has 5 Levels
Recreation
- Community Pool
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2021
Closed on
Nov 30, 2021
Sold by
Karagiannis Harriet
Bought by
Vargas Jose O and Vargas Arlene
Seller's Agent
Mike Foelber
Rutherford Realty
Buyer's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
List Price
$145,900
Sold Price
$142,000
Premium/Discount to List
-$3,900
-2.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%
Purchase Details
Closed on
Jun 24, 2005
Sold by
Ocean City Coconut
Bought by
Karagiannis Harriet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
6%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $142,000 | First American Title Ins Co | |
| Deed | $222,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $84,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $171,900 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2025 03/13/25 | Price Changed | $224,900 | -4.3% | $463 / Sq Ft |
| 12/30/2024 12/30/24 | Price Changed | $235,000 | -4.1% | $484 / Sq Ft |
| 11/08/2024 11/08/24 | For Sale | $245,000 | +72.5% | $504 / Sq Ft |
| 11/30/2021 11/30/21 | Sold | $142,000 | -2.7% | $292 / Sq Ft |
| 10/29/2021 10/29/21 | Pending | -- | -- | -- |
| 09/16/2021 09/16/21 | For Sale | $145,900 | -- | $300 / 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 | $1,684 | $134,433 | $0 | $0 |
| 2024 | $1,684 | $120,667 | $0 | $0 |
| 2023 | $1,502 | $106,900 | $53,400 | $53,500 |
| 2022 | $1,484 | $105,600 | $0 | $0 |
| 2021 | $1,474 | $104,300 | $0 | $0 |
| 2020 | $1,461 | $103,000 | $51,500 | $51,500 |
| 2019 | $1,461 | $103,000 | $51,500 | $51,500 |
| 2018 | $1,451 | $103,000 | $51,500 | $51,500 |
| 2017 | $1,530 | $107,800 | $0 | $0 |
| 2016 | -- | $107,800 | $0 | $0 |
| 2015 | $2,047 | $107,800 | $0 | $0 |
| 2014 | $2,047 | $108,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Seller's Agent in 2021
Mike Foelber
Rutherford Realty
Map
Source: Bright MLS
MLS Number: MDWO2002482
APN: 10-369363
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 200 59th St Unit 506
- 200 59th St Unit 209
- 200 59th St Unit 308
- 200 59th St Unit 201
- 200 59th St Unit 212 (WEEK 39)
- 200 59th St Unit 507
- 105 59th St Unit 201
- 305 Seabay Ln Unit C7
- 303 Seabay Ln Unit B30B
- 13 60th St Unit 201
- 8 60th St Unit 502
- 104 56th St Unit 207
- 6007 Atlantic Ave Unit 207
- 5901 Atlantic Ave Unit 411
- 5901 Atlantic Ave Unit 312
- 5901 Atlantic Ave Unit 206
- 5901 Atlantic Ave Unit 205
- 5901 Atlantic Ave Unit 201
- 5901 Atlantic Ave Unit 513
- 11 62nd St Unit 205