Seller's Agent in 2020
J.D. Wells
BHHS PenFed (actual)
(443) 397-0024
42 in this area
70 Total Sales
207 8th St Unit 201w Ocean City, MD 21842
Estimated Value: $274,000 - $298,000
2
Beds
1
Bath
568
Sq Ft
$344/mo
HOA Fee
Highlights
- Water Oriented
- Main Floor Bedroom
- Community Pool
- Ocean City Elementary School Rated A
- Furnished
- Security Service
About This Home
As of June 2020Excellent investment property. This 2 Bedroom, 1 Bath End Unit Condo with Pool is located just 2 Blocks from Beach and Boardwalk. Outstanding Rental Income of 27K in 2017 and 23K (owner held three weeks open) in 2018. Off Street parking with reserve spot. Central heating and air. One Block to Bay. Great Downtown Location!!!
Last Agent to Sell the Property
(443) 397-0024 john.wells@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023662 Listed on: 09/09/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,132
Year Built
- Built in 1964
Lot Details
- 392
HOA Fees
- $344 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Entry on the 2nd floor
- Architectural Shingle Roof
- Aluminum Siding
Interior Spaces
- 568 Sq Ft Home
- Property has 1 Level
- Furnished
- Window Treatments
- Washer and Dryer Hookup
Kitchen
- Stove
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Water Oriented
- Property is near an ocean
Location
- Flood Risk
Utilities
- Forced Air Heating and Cooling System
- 120/240V
- Tankless Water Heater
- Satellite Dish
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 3828
- Assessor Parcel Number 10-752841
Community Details
Overview
- Association fees include common area maintenance, insurance, management, pool(s)
- Low-Rise Condominium
- Jocelyn Manor Community
- Property Manager
Recreation
- Community Pool
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2019
Closed on
Jun 8, 2020
Sold by
Engle Frederick D and Engle Michele P
Bought by
My Two Angels Property Md Llc
Seller's Agent
J.D. Wells
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Abdul Azeez
Compass
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%
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
$133,363
Avg. Annual Appreciation
12.26%
Purchase Details
Closed on
Feb 22, 2007
Sold by
Jma Llc
Bought by
Engle Frederick D and Michele Engle P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 17, 2007
Sold by
Jma Llc
Bought by
Engle Frederick D and Michele Engle P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Interest Rate
4.12%
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 |
|---|---|---|---|
| My Two Angels Property Md Llc | $150,000 | Universal Title | |
| Engle Frederick D | $239,900 | -- | |
| Engle Frederick D | $239,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Engle Frederick D | $191,920 | |
| Previous Owner | Engle Frederick D | $191,920 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/08/2020 06/08/20 | Sold | $150,000 | -6.2% | $264 / Sq Ft |
| 05/06/2020 05/06/20 | Pending | -- | -- | -- |
| 10/16/2019 10/16/19 | Price Changed | $159,900 | -5.9% | $282 / Sq Ft |
| 09/09/2019 09/09/19 | For Sale | $169,900 | -- | $299 / 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 | $3,009 | $220,367 | $0 | $0 |
| 2024 | $2,583 | $185,133 | $0 | $0 |
| 2023 | $2,113 | $149,900 | $74,900 | $75,000 |
| 2022 | $2,107 | $149,900 | $74,900 | $75,000 |
| 2021 | $2,118 | $149,900 | $74,900 | $75,000 |
| 2020 | $2,030 | $149,900 | $74,900 | $75,000 |
| 2019 | $2,030 | $143,100 | $0 | $0 |
| 2018 | $1,920 | $136,300 | $0 | $0 |
| 2017 | $1,839 | $129,500 | $0 | $0 |
| 2016 | -- | $129,500 | $0 | $0 |
| 2015 | $1,949 | $129,500 | $0 | $0 |
| 2014 | $1,949 | $133,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
J.D. Wells
-
Abdul Azeez
Buyer's Agent in 2020
Abdul Azeez
Compass
(571) 482-7768
95 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO108914
APN: 10-752841
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