Kate Lewis
Keller Williams Realty
(302) 240-1173
68 Total Sales
1 in Ocean City
$1,675,000 Price
204 12th St Ocean City, MD 21842
Ocean City Area
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 #rs-0024305 Listed on: 07/23/2018
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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 Community
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 3666
- Assessor Parcel Number 10-037794
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 21, 2022
Sold by
Bought by
Purchase Details
Listed on
Jul 23, 2018
Closed on
Mar 22, 2019
Sold by
Bought by
Seller's Agent
Shawn Kotwica
Coldwell Banker Realty
Buyer's Agent
Richard DiFilippo
Keller Williams Realty Delmarva
List Price
$1,350,000
Sold Price
$970,000
Premium/Discount to List
-$380,000
-28.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 28, 2016
Sold by
Bought by
Purchase Details
Closed on
Jan 15, 2015
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ocean City, MD
-
Kate Lewis
-
Tim Arnett
Tim Arnett
ERA Martin Associates
(667) 303-1431
133 Total Sales
4 in Ocean City
$30K - $350K Price Range
-
Marco Smith
Marco Smith
Worthington Realty Group, LLC
(443) 727-1736
116 Total Sales
2 in Ocean City
$235K - $310K Price Range
-
Joyce Melbourne Husman
Joyce Melbourne Husman
Berkshire Hathaway HomeServices PenFed Realty - OP
(667) 230-5612
26 Total Sales
16 in Ocean City
$339K - $1.7M Price Range
-
Alex Monsalve
Alex Monsalve
Responds QuicklyRealty Of America, LLC
(833) 432-5202
17 Total Sales
1 in Ocean City
$559,990 Price
-
Liz Keyser
Liz Keyser
LPT Realty, LLC
(667) 270-8279
105 Total Sales
3 in Ocean City
$230K - $490K Price Range
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| $585,000 | Ocean Investments Ttl Corp | ||
| $385,000 | Ocean Investments Ttl Corp | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $463,500 | ||
| Previous Owner | $465,000 | ||
| Previous Owner | $305,000 |
Source: Public Records
Property 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 | 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,432 | $50,795 | $8,000 | $42,795 |
| 2024 | $1,398 | $50,795 | $8,000 | $42,795 |
| 2023 | $1,398 | $35,430 | $6,000 | $29,430 |
| 2022 | $1,078 | $35,430 | $6,000 | $29,430 |
| 2021 | $1,074 | $35,430 | $6,000 | $29,430 |
| 2020 | $1,075 | $26,420 | $2,400 | $24,020 |
| 2019 | $1,450 | $26,420 | $2,400 | $24,020 |
| 2018 | $150 | $2,740 | $2,400 | $340 |
| 2017 | $125 | $2,400 | $2,400 | $0 |
| 2016 | $125 | $2,400 | $2,400 | $0 |
| 2015 | $212 | $4,000 | $4,000 | $0 |
| 2014 | $212 | $4,000 | $4,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Shawn Kotwica
Seller's Agent in 2019
Shawn Kotwica
Coldwell Banker Realty
(724) 840-0572
177 Total Sales
-
Richard DiFilippo
Buyer's Agent in 2019
Richard DiFilippo
Keller Williams Realty Delmarva
(410) 430-2365
30 Total Sales
Map
Source: Bright MLS
MLS Number: 1002139068
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