NOT LISTED FOR SALE

200 Wicomico St Unit 105 Ocean City, MD 21842

Estimated Value: $582,000 - $646,000

3 Beds
2.5 Baths
1,698 Sq Ft
$491/mo HOA Fee

Last Sold March 26, 2021

Last sale price $439,900 $259 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,125/month

Highlights

  • Bay View
  • Traditional Architecture
  • Gas Fireplace
  • Ocean City Elementary School Rated A
  • Central Heating and Cooling System
  • 2-minute walk to Sunset Park

About This Home

As of March 2021

Downtown Dream Come True is the best way to describe this gorgeous condo. You are only two blocks to the beach, boardwalk and amusements. OC's most famous bars, restaurants & Thrashers fries practically at your doorstep which would make this both an ideal investment property or vacation home! This 3 bed 2 & 1/2 bath 1798 sq ft END unit shows like new with 10 ft ceilings, wide open floor plan, luxury laminate floors, granite counters, new backsplash, stainless appliances, alarm system, 2 covered parking spaces, crown molding, custom closets and recently prof. painted. Did I mention the MASSIVE wrap around balcony extends the entire length of this condo so you can soak up the BAY VIEW and all the city action. Unit also comes partially furnished so ask your agent for inclusions/exclusions list and make your appt right away to make this one ALL YOURS!

Last Agent to Sell the Property

Katie Quinn

(443) 880-5022 katiesellsoc@gmail.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #656189 Listed on: 02/25/2021

Berkshire Hathaway HomeServices PenFed Realty-WOC

Last Buyer's Agent

Linda Moran

(443) 614-2261 linda.moran@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #52961

Berkshire Hathaway HomeServices PenFed Realty-WOC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,770

Year Built

  • Built in 2006

Lot Details

  • 741

HOA Fees

  • $491 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,698 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Gas Fireplace
  • Bay Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Community Details

  • Association fees include gas, exterior building maintenance, common area maintenance, management, reserve funds
  • Low-Rise Condominium
  • Seabright Community

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 10-757533

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,770

Year Built

Built in 2006

Lot Details

0

HOA Fees

$491 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: See inclusions/exclusions list. Mainly exclusions are master b/r furniture & living room furniture
  • Inclusions: Partially furnished, see inclusions/exclusions list
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Downtown Dream Come True is the best way to describe this gorgeous condo. You are only two blocks to the beach, boardwalk and amusements. OC's most famous bars, restaurants & Thrashers fries practically at your doorstep which would make this both an ideal investment property or vacation home! This 3 bed 2 & 1/2 bath 1798 sq ft END unit shows like new with 10 ft ceilings, wide open floor plan, luxury laminate floors, granite counters, new backsplash, stainless appliances, alarm system, 2 covered parking spaces, crown molding, custom closets and recently prof. painted. Did I mention the MASSIVE wrap around balcony extends the entire length of this condo so you can soak up the BAY VIEW and all the city action. Unit also comes partially furnished so ask your agent for inclusions/exclusions list and make your appt right away to make this one ALL YOURS!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplace Features: Gas/Propane
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1698
  • Living Area Sq Ft: 1698
  • Price Per Sq Ft: 259.07
  • Above Grade Finished Sq Ft: 1698
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 200

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 491.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Gas, Ext Bldg Maint, Common Area Maintenance, Management, Reserve Funds
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: 10
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5436434
  • Tax Annual Amount: 3770.00
  • Assessor Parcel Number: 10-757533
  • Tax Lot: 105
  • Tax Total Finished Sq Ft: 1698
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/26/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Mar 26, 2021
Sold by
Mears Dorothy Gertrude and Mears David Ray
Bought by
Collier Mary Jane and Lambert Wendy Lynn
Seller's Agent
Katie Quinn
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Linda Moran
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$439,900
Sold Price
$439,900
Current Estimated Value
$611,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,725
Avg. Annual Appreciation
7.53%

Purchase Details

Listed on
Jan 16, 2018
Closed on
May 10, 2018
Sold by
Farbman Jay H and Farbman Constance M
Bought by
Mears Dorothy Gertrude and Mears David Ray
Seller's Agent
Dave Whittington
Coastal Life Realty Group LLC
Buyer's Agent
Linda Moran
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$350,000
Sold Price
$329,000
Premium/Discount to List
-$21,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$263,200
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Collier Mary Jane $439,900 Capitol Title Group
Mears Dorothy Gertrude $329,000 Capitol Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mears Dorothy Gertrude $263,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold $439,900 0.0% $259 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $439,900 +33.7% $259 / Sq Ft
05/10/2018 05/10/18 Sold $329,000 -3.2% $194 / Sq Ft View Prior Sale
03/14/2018 03/14/18 Pending -- -- --
03/08/2018 03/08/18 Price Changed $339,900 -2.9% $200 / Sq Ft
01/16/2018 01/16/18 For Sale $350,000 -- $206 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $4,544 $384,533 $0 $0
2024 $4,544 $325,667 $0 $0
2023 $3,750 $266,800 $133,400 $133,400
2022 $3,750 $266,800 $133,400 $133,400
2021 $3,770 $266,800 $133,400 $133,400
2020 $3,770 $266,800 $133,400 $133,400
2019 $3,796 $266,800 $133,400 $133,400
2018 $3,959 $266,800 $133,400 $133,400
2017 $3,668 $280,400 $0 $0
2016 -- $258,333 $0 $0
2015 $3,162 $236,267 $0 $0
2014 $3,162 $214,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2000026

Bright MLS

APN: 10-757533