NOT LISTED FOR SALE

200 59th St Unit 511 Ocean City, MD 21842

Estimated Value: $181,000 - $209,000

1 Bed
1 Bath
485 Sq Ft
1989 Built

Sale Details

Date Sold: February 22, 2019

Last sale price $102,500 $211 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,748 / mo

42 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Community Pool
  • Ocean City Elementary School Rated A
  • Bay View
  • Balcony

About This Home

As of February 2019

HUGE PRICE REDUCTION! If water views make you at peace, this is the perfect unit for you! Grab the chance to own this 1BR 1BA home which can also be used as a vacation or rental property. Just apply a bit of your personal touch then this will become your new haven. Interior includes curtains with rods, tile flooring on living room and kitchen areas. Exterior features include a balcony, in-ground community pool and beautiful water views. Hurry! Call our office today to schedule your personal tour!

Last Agent to Sell the Property

Bethany Drew

(410) 208-9200 debbie@hilemanrealestate.com Hileman Real Estate-Berlin License #RS0015490 Listed on: 12/28/2018

Last Buyer's Agent

Walter Brooks

(410) 524-7700 jmilko@holidayoc.com Holiday Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,452

Year Built

  • Built in 1989

HOA Fees

  • $569 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Masonry

Interior Spaces

  • 485 Sq Ft Home
  • Property has 3 Levels
  • Crown Molding
  • Ceiling Fan
  • Living Room
  • Bay Views

Kitchen

  • Electric Oven or Range
  • Microwave

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property near a bay
  • Balcony

Schools

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

Utilities

  • Central Air
  • Heating Available
  • 110 Volts
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Home fronts navigable water
  • Flood Risk

Listing and Financial Details

  • Tax Lot 511
  • Assessor Parcel Number 10-369886

Community Details

Overview

  • Association fees include sewer, water, electricity, cable TV, trash
  • Mid-Rise Community
  • Coconut Malorie Condos, Phone Number (410) 723-6100
  • Coconut Malorie Resort Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,452

Year Built

Built in 1989

Lot Details

0 Sq Ft Lot

HOA Fees

$569 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: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Microwave, Oven/Range - Electric
  • Flooring Type: Tile/Brick, Carpet
  • Interior Amenities: Ceiling Fan(s), Crown Moldings
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3+
  • Room List: Living Room, Kitchen
  • Basement: No
  • Total Sq Ft: 485
  • Living Area Sq Ft: 485
  • Price Per Sq Ft: 216.29
  • Above Grade Finished Sq Ft: 485
  • 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: Masonry
  • Roof: Flat
  • Spa: No
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 110 Volts
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Water Available, Sewer Available, Cable Tv
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1706.55
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Coconut Malorie
  • Condo Co-Op Phone: 410-723-6100
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Sewer, Water, Electricity, Cable Tv, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Loss Mitigation 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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Zoning: B-1
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5427816
  • Tax Annual Amount: 1452.00
  • Assessor Parcel Number: 10-369886
  • Tax Lot: 511
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2018
Closed on
Feb 15, 2019
Sold by
Deutsche Bank National Trust Company
Bought by
Brooks Walter M
Seller's Agent
Bethany Drew
Hileman Real Estate-Berlin
Buyer's Agent
Walter Brooks
Holiday Real Estate
List Price
$114,400
Sold Price
$102,500
Premium/Discount to List
-$11,900
-10.4%
Current Estimated Value
$192,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,740
Avg. Annual Appreciation
9.11%

Purchase Details

Closed on
Sep 5, 2018
Sold by
Tanious Naiem S and Tanious Yvette A
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Apr 28, 2006
Sold by
Ocean City Coconut
Bought by
Tanious Tanious Naiem Naiem and Tanious Yvette

Purchase Details

Closed on
Apr 21, 2006
Sold by
Ocean City Coconut
Bought by
Tanious Tanious Naiem Naiem and Tanious Yvette
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
Brooks Walter M $102,500 None Available
Deutsche Bank National Trust Co $143,738 Servicelink
Tanious Tanious Naiem Naiem $249,000 --
Tanious Tanious Naiem Naiem $249,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2019 02/22/19 Sold $102,500 -2.3% $211 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
01/24/2019 01/24/19 Price Changed $104,900 -8.3% $216 / Sq Ft
12/28/2018 12/28/18 For Sale $114,400 -- $236 / 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 $1,832 $134,167 $0 $0
2024 $1,680 $120,433 $0 $0
2023 $1,500 $106,700 $53,300 $53,400
2022 $1,481 $105,400 $0 $0
2021 $1,471 $104,100 $0 $0
2020 $1,448 $102,800 $51,400 $51,400
2019 $1,448 $102,800 $51,400 $51,400
2018 $1,448 $102,800 $51,400 $51,400
2017 $1,528 $107,600 $0 $0
2016 -- $107,600 $0 $0
2015 -- $107,600 $0 $0
2014 $2,043 $124,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO101890

Bright MLS

APN: 10-369886

Your Personal Tour Guide

Ask me questions while you tour the home.