Seller's Agent in 2019
Shawn Kotwica
Coldwell Banker Realty
(724) 840-0572
106 in this area
208 Total Sales
204 12th St Ocean City, MD 21842
12
Beds
6
Baths
3,840
Sq Ft
4,792
Sq Ft Lot
Highlights
- Contemporary Architecture
- No HOA
- Forced Air Heating and Cooling System
- Ocean City Elementary School Rated A
- More Than Two Accessible Exits
- Electric Baseboard Heater
About This Home
As of March 2019This listing comprises of a total of 21300 sq. ft. of FEE SIMPLE land in the heart of Downtown Ocean City. Included in this sale is two buildings. The front building housed (4) 2 bedroom 1 bath units with hardwood floors central air, wash/dryer, while the back building houses (2) 2 bedroom one bath units with baseboard heat, hardwood floors and washer/dryer. These units currently have a GRI of $69,000 for 2018. Also included in this listing are 3 vacant lots that can be used for parking or for development potential. Lots are comprised of the following sizes. 4600, 5000, & 7100 Sq ft. Lots can remain separate, or be combined to form a much larger building envelop. 8-10 town homes can be built on the property depending on design and use. Please watch attached video for location and proximity views.
Last Agent to Sell the Property
(443) 856-2211 shawn.kotwica@cbmove.com Coldwell Banker Realty Brokerage Phone: 4438562211 License #653192 Listed on: 07/23/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,326
Year Built
- Built in 1960
Lot Details
- 4,792
Parking
- On-Street Parking
Home Design
- Contemporary Architecture
- Stick Built Home
Interior Spaces
- 3,840 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 12 Main Level Bedrooms
- 6 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Baseboard Heater
- 110 Volts
- 100 Amp Service
Additional Features
- More Than Two Accessible Exits
- Flood Risk
Community Details
- No Home Owners Association
- Low-Rise Condominium
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 3666
- Assessor Parcel Number 10-037794
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/22/2019 03/22/19 | Sold | $970,000 | -23.0% | $253 / Sq Ft |
| 02/22/2019 02/22/19 | Pending | -- | -- | -- |
| 01/25/2019 01/25/19 | Price Changed | $1,259,000 | -1.6% | $328 / Sq Ft |
| 12/03/2018 12/03/18 | Price Changed | $1,280,000 | -4.1% | $333 / Sq Ft |
| 11/20/2018 11/20/18 | Price Changed | $1,335,000 | -1.1% | $348 / Sq Ft |
| 10/22/2018 10/22/18 | For Sale | $1,350,000 | +39.2% | $352 / Sq Ft |
| 10/22/2018 10/22/18 | Off Market | $970,000 | -- | -- |
| 07/23/2018 07/23/18 | For Sale | $1,350,000 | -- | $352 / 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 | $6,311 | $462,167 | $0 | $0 |
| 2024 | $5,826 | $417,500 | $276,400 | $141,100 |
| 2023 | $5,817 | $413,933 | $0 | $0 |
| 2022 | $5,767 | $410,367 | $0 | $0 |
| 2021 | $5,748 | $406,800 | $276,400 | $130,400 |
| 2020 | $5,748 | $406,800 | $276,400 | $130,400 |
| 2019 | $5,454 | $406,800 | $276,400 | $130,400 |
| 2018 | $5,324 | $387,700 | $253,000 | $134,700 |
| 2017 | $5,201 | $377,033 | $0 | $0 |
| 2016 | -- | $366,367 | $0 | $0 |
| 2015 | -- | $355,700 | $0 | $0 |
| 2014 | $5,058 | $355,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Shawn Kotwica
-
Richard DiFilippo
Buyer's Agent in 2019
Richard DiFilippo
Keller Williams Realty Delmarva
(410) 430-2365
15 in this area
31 Total Sales
Map
Source: Bright MLS
MLS Number: 1002139068
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