Seller's Agent in 2020
Charles Rappa
Long & Foster
(302) 328-7050
14 in this area
34 Total Sales
207 8th St Unit 103c Ocean City, MD 21842
Estimated Value: $283,000 - $413,000
2
Beds
1.5
Baths
790
Sq Ft
$479/mo
HOA Fee
Highlights
- Main Floor Bedroom
- Furnished
- Outdoor Shower
- Ocean City Elementary School Rated A
- Balcony
- Central Air
About This Home
As of April 2020New Price Adjustment - Convenient downtown location on 8th Street - close to bay, fishing pier, boardwalk and restaurants, located between the ocean and the bay. This unit is on the first floor of a 2 story building. 2 bedrooms and 1 1/2 baths. Full size laundry, seasonal security, 1 assigned parking space. Great investment property or your own beach getaway.
Last Agent to Sell the Property
(302) 328-7050 charles.rappa@longandfoster.com Long & Foster Real Estate, Inc. License #667455 Listed on: 10/25/2019
Last Buyer's Agent
(302) 236-8131 jennifer@coastallifeoc.com Coastal Life Realty Group LLC License #676479
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,315
Year Built
- Built in 1964
HOA Fees
- $479 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Aluminum Siding
Interior Spaces
- 790 Sq Ft Home
- Property has 2 Levels
- Furnished
- Combination Kitchen and Dining Room
Kitchen
- Electric Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- Off-Street Parking
- 1 Assigned Parking Space
Schools
- Ocean City Elementary School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
- Water Heater
- Satellite Dish
Additional Features
- Balcony
- Flood Risk
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 3828
- Assessor Parcel Number 10-752795
Community Details
Overview
- Association fees include pool(s), common area maintenance, cable TV
- Low-Rise Condominium
- Jocelyn Manor Condo Assoc Condos
- Jocelyn Manor Community
- Property Manager
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2019
Closed on
Apr 10, 2020
Sold by
Molina Loue Michael
Bought by
Daugherty Tommy and Daugherty Mary
Seller's Agent
Charles Rappa
Long & Foster Real Estate, Inc.
Buyer's Agent
Jennifer Ciorrocco
Coastal Life Realty Group LLC
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,666
Avg. Annual Appreciation
14.75%
Original Mortgage
$132,000
Outstanding Balance
$116,490
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$234,176
Purchase Details
Closed on
Feb 22, 2007
Sold by
Jma Llc
Bought by
Michael Molina Louie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,920
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 17, 2007
Sold by
Jma Llc
Bought by
Michael Molina Louie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,920
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Daugherty Tommy | $165,000 | Dba Real Estate T&E | |
| Michael Molina Louie | $254,900 | -- | |
| Michael Molina Louie | $254,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Daugherty Tommy | $132,000 | |
| Previous Owner | Michael Molina Louie | $203,920 | |
| Previous Owner | Michael Molina Louie | $203,920 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/10/2020 04/10/20 | Sold | $165,000 | 0.0% | $209 / Sq Ft |
| 03/02/2020 03/02/20 | Pending | -- | -- | -- |
| 02/03/2020 02/03/20 | Price Changed | $165,000 | -5.7% | $209 / Sq Ft |
| 10/25/2019 10/25/19 | For Sale | $175,000 | -- | $222 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,148 | $288,567 | $0 | $0 |
| 2024 | $3,148 | $225,633 | $0 | $0 |
| 2023 | $2,287 | $162,700 | $81,300 | $81,400 |
| 2022 | $2,287 | $162,700 | $81,300 | $81,400 |
| 2021 | $2,299 | $162,700 | $81,300 | $81,400 |
| 2020 | $2,299 | $162,700 | $81,300 | $81,400 |
| 2019 | $2,173 | $153,233 | $0 | $0 |
| 2018 | $2,025 | $143,767 | $0 | $0 |
| 2017 | $1,907 | $134,300 | $0 | $0 |
| 2016 | -- | $134,300 | $0 | $0 |
| 2015 | $2,086 | $134,300 | $0 | $0 |
| 2014 | $2,086 | $138,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Rappa
-
Jennifer Ciorrocco
Buyer's Agent in 2020
Jennifer Ciorrocco
Coastal Life Realty Group LLC
(302) 236-8131
32 in this area
53 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO110070
APN: 10-752795
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