NOT LISTED FOR SALE

201 S Baltimore Ave Unit 203 Ocean City, MD 21842

Estimated Value: $620,000 - $801,000

4 Beds
3 Baths
1,628 Sq Ft
$415/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $575,000 $353 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,413/month

58 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • 1 Car Attached Garage
  • Ocean City Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to 3rd Street Playground

About This Home

As of March 2023

Rare opportunity to buy a modern four-bedroom townhouse close to the ocean and boardwalk with off-street parking under the building. Boards Edge is an ocean block and is only 1 block from the beach and boardwalk. If you are a boardwalk lover, this townhome is the perfect place for you. Every detail has been beautifully designed and decorated with beach style in mind. Spacious enough for 10 -11 people, the 2-level floor plan allows for privacy and plenty of room. Enjoy being just steps from the boards, beach, shopping, restaurants, and more! This property is perfect for rentals or for you to enjoy for your personal use. A second parking space can be rented if needed one block away. These owners can only settle after February 1, 2023.

Last Agent to Sell the Property

Keti Lynch

(443) 235-5482 keti@shorepro.com Shoreline Properties Listed on: 10/20/2022

Last Buyer's Agent

Anna Montgomery

(410) 913-7247 anna.montgomery@longandfoster.com Long & Foster Real Estate, Inc. License #667270

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,094

Year Built

  • Built in 2007

Lot Details

  • 261

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Off-Street Parking
  • 1 Assigned Parking Space

Home Design

  • Traditional Architecture
  • Aluminum Siding
  • Piling Construction

Interior Spaces

  • 1,628 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Central Vacuum
  • Ceiling Fan
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 203
  • Assessor Parcel Number 2410767652

Community Details

Overview

  • Boards Edge Villas Community
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,094

Year Built

Built in 2007

Lot Details

0

HOA Fees

$321 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2007
  • Assigned Parking Space Numbers: 103
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Refrigerator, Washer/Dryer Stacked, Central Vacuum, Stove
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Wood Floors
  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1628
  • Living Area Sq Ft: 1628
  • Price Per Sq Ft: 392.51
  • Above Grade Finished Sq Ft: 1628
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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: 963.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: 24
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 6556065
  • Tax Annual Amount: 5094.00
  • Assessor Parcel Number: 2410767652
  • Tax Lot: 203
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Mar 7, 2023
Sold by
Cornerhaven Llc
Bought by
Maddalena Vincenz and Maddalena Katie
Seller's Agent
Keti Lynch
Shoreline Properties
Buyer's Agent
Anna Montgomery
Long & Foster Real Estate, Inc.
List Price
$649,000
Sold Price
$575,000
Premium/Discount to List
-$74,000
-11.4%
Views
79
Current Estimated Value
$675,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,434
Avg. Annual Appreciation
6.26%
Original Mortgage
$431,250
Outstanding Balance
$417,614
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$257,820

Purchase Details

Listed on
Sep 14, 2021
Closed on
Jan 27, 2022
Sold by
Michael Mcdonald
Bought by
Cornerhaven Llc
Seller's Agent
Joseph Wilson
Coastal Life Realty Group LLC
Buyer's Agent
Dustin Oldfather
Compass
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.78%

Purchase Details

Closed on
Feb 11, 2011
Sold by
209 South Baltimore Street Llc
Bought by
Mcdonald Michael and Mcdonald Shirley
Source: Public Records

Range of Values:

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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
Maddalena Vincenz $575,000 Sage Title
Cornerhaven Llc $475,000 Capitol Title
Mcdonald Michael $299,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maddalena Vincenz $431,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2023 03/07/23 Sold $575,000 -10.0% $353 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
11/11/2022 11/11/22 Price Changed $639,000 -1.5% $393 / Sq Ft
10/20/2022 10/20/22 For Sale $649,000 +36.6% $399 / Sq Ft
01/27/2022 01/27/22 Sold $475,000 -4.8% $292 / Sq Ft View Prior Sale
09/14/2021 09/14/21 For Sale $499,000 -- $307 / 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 $6,684 $489,467 $0 $0
2024 $5,936 $425,433 $0 $0
2023 $5,079 $361,400 $180,700 $180,700
2022 $5,079 $361,400 $180,700 $180,700
2021 $5,107 $361,400 $180,700 $180,700
2020 $4,764 $361,400 $180,700 $180,700
2019 $4,779 $335,900 $0 $0
2018 $4,372 $310,400 $0 $0
2017 $3,929 $284,900 $0 $0
2016 -- $276,733 $0 $0
2015 $4,200 $268,567 $0 $0
2014 $4,200 $260,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keti Lynch

    Seller's Agent in 2023

    Keti Lynch

    Shoreline Properties

    (443) 235-5482

    50 in this area

    54 Total Sales

    Keti Lynch
    Section Image
  • Anna Montgomery

    Buyer's Agent in 2023

    Anna Montgomery

    Long & Foster

    (410) 913-7247

    38 in this area

    62 Total Sales

    Anna Montgomery
    Section Image
  • Joseph Wilson

    Seller's Agent in 2022

    Joseph Wilson

    Coastal Life Realty Group LLC

    (443) 235-8382

    170 in this area

    266 Total Sales

    Joseph Wilson
    Section Image
  • Dustin Oldfather

    Buyer's Agent in 2022

    Dustin Oldfather

    Compass

    (302) 249-5899

    109 in this area

    1,480 Total Sales

    Dustin Oldfather
    Section Image

  • K

    Buyer Co-Listing Agent in 2022

    KEVIN BURTON

    Compass

    (443) 373-1386

    15 in this area

    22 Total Sales

    KEVIN BURTON
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2010918

Bright MLS

APN: 10-767652

Maryland Worcester County Ocean City 21842

201 S Baltimore Ave Unit 203, Ocean City, MD

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