NOT LISTED FOR SALE

Estimated Value: $259,682

2 Beds
1 Bath
768 Sq Ft
1940 Built

Sale Details

Date Sold: November 3, 2017

Last sale price $100,000 $130 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,748 / mo

58 Days on Market

Highlights

  • Corner Lot
  • Furnished
  • Central Air
  • Ocean City Elementary School Rated A
  • Balcony
  • 3-minute walk to 3rd Street Playground

About This Home

As of November 2017

Check out this unit. It's a downtown hotspot. Condo fees include water, cable, gas, insurance (flood, fire, liablity), and wifi. 2 bedroom, 1 bath. Rented through July. Sold as is. Make your appointment today!

Last Agent to Sell the Property

Barbara Lynch

(410) 723-3600 blawrence.rma@gmail.com RE/MAX Advantage Realty Listed on: 06/19/2017

Last Buyer's Agent

Barbara Lynch

(410) 723-3600 blawrence.rma@gmail.com RE/MAX Advantage Realty Listed on: 06/19/2017

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1940

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 768 Sq Ft Home
  • Furnished
  • Window Treatments

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Balcony
  • Cleared Lot

Community Details

  • 4 Units
  • Low-Rise Community
  • Bay Breeze III Community
  • Bay Breeze Estates Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 324610

Property Details

Home Type

Condominium

Year Built

Built in 1940

Lot Details

0 Sq Ft Lot

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Federal Flood Insurance: Unknown
  • Historic: No
  • New Construction: No
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator
  • Entry Floor: 2
  • Interior Amenities: Window Treatments
  • Foundation Details: Block
  • Living Area Units: Square Feet
  • Total Sq Ft: 768
  • Living Area Sq Ft: 768
  • Price Per Sq Ft: 162.76
  • Above Grade Finished Sq Ft: 768
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 204.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2000.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared, Corner
  • Outdoor Living Structures: Balcony
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5424759
  • Assessor Parcel Number: 324610
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

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

Listed on
Jun 19, 2017
Closed on
Nov 2, 2017
Sold by
Railey Timothy H
Bought by
Seller's Agent
Barbara Lynch
RE/MAX Advantage Realty
Buyer's Agent
Barbara Lynch
RE/MAX Advantage Realty
List Price
$139,000
Sold Price
$100,000
Premium/Discount to List
-$39,000
-28.06%
Current Estimated Value
$259,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,682
Avg. Annual Appreciation
11.36%
Original Mortgage
$80,000
Outstanding Balance
$65,413
Interest Rate
3.85%
Mortgage Type
Commercial
Estimated Equity
$194,269

Purchase Details

Closed on
Apr 20, 2016
Sold by
Reilly Timothy H
Bought by
Reilly Timothy H and Reilly Cheryl L

Purchase Details

Closed on
Sep 10, 2013
Sold by
J & V Co Of Oc Llc
Bought by
Reilly Jeffrey

Purchase Details

Closed on
Oct 12, 2007
Sold by
Pomeranz Robert J Trustee
Bought by
J&V Co Of Oc Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ocean City, MD

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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
$100,000 Brennan Title Co
Reilly Timothy H -- Masters Title & Escrow
Reilly Jeffrey $112,902 Real Estate Title & Escrow L
J&V Co Of Oc Llc $224,000 --
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
Open $80,000
Previous Owner J&V Co Of Oc Llc $275,000
Previous Owner J & V Co Of Oc Llc $192,000
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
11/03/2017 11/03/17 Sold $100,000 -28.1% $130 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $139,000 -- $181 / 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
2026 $2,436 $199,600 $99,800 $99,800
2025 $2,436 $178,367 $0 $0
2024 $2,193 $157,133 $0 $0
2023 $1,910 $135,900 $67,900 $68,000
2022 $1,910 $135,900 $67,900 $68,000
2021 $1,920 $135,900 $67,900 $68,000
2020 $1,920 $135,900 $67,900 $68,000
2019 $1,799 $126,433 $0 $0
2018 $1,647 $116,967 $0 $0
2017 $1,519 $107,500 $0 $0
2016 -- $102,367 $0 $0
2015 $1,364 $97,233 $0 $0
2014 $1,364 $92,100 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1000517522

Bright MLS

APN: 10-324610

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