NOT LISTED FOR SALE

205 Atlantic Ave Unit 202 Ocean City, MD 21842

Estimated Value: $1,052,000 - $1,159,000

3 Beds
2.5 Baths
2,407 Sq Ft
$1,000/mo HOA Fee

Last Sold March 05, 2021

Last sale price $750,000 $312 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,528/month

Highlights

  • Ocean Front
  • Water Access
  • Open Floorplan
  • Ocean City Elementary School Rated A
  • Sandy Beach
  • 3-minute walk to 3rd Street Playground

About This Home

As of March 2021

Enjoy the "sweet life" overlooking the beach and boardwalk from this spacious second floor oceanfront condominium, just steps to all your favorite beach treats like candy and fudge, popcorn, and french fries! Close to amusements, shops, restaurants, and more. You can bike the boards, lounge in the sand, and swim in the sparkling Atlantic Ocean! This home features a large kitchen with granite countertops, stainless steel appliances, and lots of counter space for cooking and entertaining. Upgraded LED lighting has been installed throughout the home. Enjoy watching the sunrises from your private balcony or gather near the cozy gas fireplace in the expansive living room. Large dining area can accommodate dinner parties or a gathering around the table for family game night. This home has been used as a corporate retreat and features a separate private secure entrance to the master suite, which features a wet bar and large walk-in closet with custom closet system. Enjoy your private west-facing balcony from the master bedroom. Spacious master bathroom features double sink vanity, stall shower, and corner soaking tub. There is also a second master suite with private full bathroom and walk-in closet. The third guest room has a full bathroom with tub/shower just across the hall. Large laundry room features newer full size washer and dryer and additional cabinetry for storage. Secure building entry, assigned parking, secure loading/unloading area, elevator, and secure storage complete the amenities of the Somerset at 2nd. This entire home has just had the carpets and upholstery cleaned and has been freshly painted, offering a neutral palette. Condo dues include common area maintenance, elevator, master insurance policy, parking, storage, professional management, satellite TV, and internet. Home has not been rented but would work well as either an excellent rental property or as a spectacular vacation home.

Last Agent to Sell the Property

Tammy Medlock

(410) 320-4008 tammymedlockocrealtor@gmail.com Coldwell Banker Realty Listed on: 10/23/2020

Coldwell Banker Realty

Last Buyer's Agent

Troy Doyle

(410) 726-9391 troy@kevindeckeroc.com Coastal Life Realty Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,181

Year Built

  • Built in 2008

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • West Facing Home
  • Property is in very good condition

HOA Fees

  • $1,000 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 2nd floor
  • Rubber Roof
  • Metal Roof
  • Cement Siding
  • Stick Built Home

Interior Spaces

  • 2,407 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Dining Area
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Multiple Balconies

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Propane
  • Electric Water Heater
  • Phone Available
  • Satellite Dish

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 10-758122

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, high speed internet
  • 8 Units
  • Low-Rise Condominium
  • Rusty Management Condos, Phone Number (410) 251-4021
  • Somerset At Second Community
  • Non Development Subdivision
  • Property Manager

Amenities

  • 1 Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,181

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Personal items
  • Home Warranty: No
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-10-23
  • Federal Flood Zone: Yes
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Enjoy the "sweet life" overlooking the beach and boardwalk from this spacious second floor oceanfront condominium, just steps to all your favorite beach treats like candy and fudge, popcorn, and french fries! Close to amusements, shops, restaurants, and more. You can bike the boards, lounge in the sand, and swim in the sparkling Atlantic Ocean! This home features a large kitchen with granite countertops, stainless steel appliances, and lots of counter space for cooking and entertaining. Upgraded LED lighting has been installed throughout the home. Enjoy watching the sunrises from your private balcony or gather near the cozy gas fireplace in the expansive living room. Large dining area can accommodate dinner parties or a gathering around the table for family game night. This home has been used as a corporate retreat and features a separate private secure entrance to the master suite, which features a wet bar and large walk-in closet with custom closet system. Enjoy your private west-facing balcony from the master bedroom. Spacious master bathroom features double sink vanity, stall shower, and corner soaking tub. There is also a second master suite with private full bathroom and walk-in closet. The third guest room has a full bathroom with tub/shower just across the hall. Large laundry room features newer full size washer and dryer and additional cabinetry for storage. Secure building entry, assigned parking, secure loading/unloading area, elevator, and secure storage complete the amenities of the Somerset at 2nd. This entire home has just had the carpets and upholstery cleaned and has been freshly painted, offering a neutral palette. Condo dues include common area maintenance, elevator, master insurance policy, parking, storage, professional management, satellite TV, and internet. Home has not been rented but would work well as either an excellent rental property or as a spectacular vacation home.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven - Single, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile, Laminated
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Crown Moldings
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2407
  • Living Area Sq Ft: 2407
  • Price Per Sq Ft: 323.64
  • Above Grade Finished Sq Ft: 2407
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 205

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: Cement Siding, Concrete, Fiber Cement, Stick Built
  • Exterior Features: Street Lights, Satellite Dish
  • Roof: Rubber, Metal
  • Spa: No
  • View: Ocean
  • Water Access Features: Public Beach
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Propane, Phone Available, Electric Available
  • Water Source: Public
  • Internet Services: Satellite, Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3000.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Rusty Management
  • Condo Co-Op Phone: 410-251-4021
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Reserved/Assigned Parking, Satellite Tv
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, High Speed Internet
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: 012
  • Zoning Description: Residential condominium
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5436488
  • Tax Annual Amount: 9181.00
  • Assessor Parcel Number: 10-758122
  • Tax Lot: 202
  • Tax Total Finished Sq Ft: 2407
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/05/2021

Multi Family

  • Federal Flood Zone: VE
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Mar 5, 2021
Sold by
Puglisi Anthony S and Puglisi Christine A
Bought by
Jaffurs Rip C
Seller's Agent
Tammy Medlock
Coldwell Banker Realty
Buyer's Agent
Troy Doyle
Coastal Life Realty Group LLC
List Price
$779,000
Sold Price
$750,000
Premium/Discount to List
-$29,000
-3.72%
Current Estimated Value
$1,086,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,063
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Oct 1, 2007
Sold by
Lot Number 10 Llc
Bought by
Puglisi Anthony S and Puglisi Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Jaffurs Rip C $750,000 None Available
Puglisi Anthony S $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Puglisi Anthony S $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $750,000 -3.7% $312 / Sq Ft
10/23/2020 10/23/20 For Sale $779,000 -- $324 / 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 $9,515 $714,000 $0 $0
2024 $9,515 $681,900 $0 $0
2023 $9,160 $649,800 $454,800 $195,000
2022 $9,132 $649,800 $454,800 $195,000
2021 $9,182 $649,800 $454,800 $195,000
2020 $9,181 $649,800 $454,800 $195,000
2019 $9,016 $633,767 $0 $0
2018 $8,700 $617,733 $0 $0
2017 $8,257 $601,700 $0 $0
2016 $8,116 $581,633 $0 $0
2015 $8,116 $561,567 $0 $0
2014 $8,116 $541,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tammy Medlock

    Seller's Agent in 2021

    Tammy Medlock

    Coldwell Banker Realty

    (410) 320-4008

    23 in this area

    35 Total Sales

    Tammy Medlock
    Section Image
  • Troy Doyle

    Buyer's Agent in 2021

    Troy Doyle

    Coastal Life Realty Group LLC

    (410) 726-9391

    17 in this area

    30 Total Sales

    Troy Doyle
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO117536

Bright MLS

APN: 10-758122

Maryland Worcester County Ocean City 21842

205 Atlantic Ave Unit 202, Ocean City, MD

This home is located at 205 Atlantic Ave Unit 202, Ocean City, MD 21842 since 23 October 2020 and is currently estimated at $1,086,063, approximately $451 per square foot. This property was built in 2008. 205 Atlantic Ave Unit 202 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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