NOT LISTED FOR SALE

2209 Philadelphia Ave Unit 10401 Ocean City, MD 21842

Estimated Value: $355,286 - $524,000

2 Beds
2 Baths
988 Sq Ft
$400/mo HOA Fee

Last Sold October 20, 2017

Last sale price $270,000 $273 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,003/month

68 Days on Market

Highlights

  • 1 Boat Dock
  • Home fronts navigable water
  • Bay View
  • Ocean City Elementary School Rated A
  • Water Access
  • Furnished

About This Home

As of October 2017

Newly redone 2 bedroom waterfront condo with large bayfront pool and deeded deep water slip #2 conveys with this property. Oustide of building walkways recently redone, painted and sealed, no assessments due, great downtown location near the boardwalk, Ride the train down to the pier and downtown attractions. Inside has new tile throughout, bright open, new kitchen, granite countertops, stainless appliances. Condo fee includes cable, clean must see!

Last Agent to Sell the Property

Candi Noyes

Coldwell Banker Realty Listed on: 07/04/2017

Coldwell Banker Realty

Co-Listed By

Michael Noyes

Coldwell Banker Realty

Last Buyer's Agent

Candi Noyes

Coldwell Banker Realty Listed on: 07/04/2017

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,051

Year Built

  • Built in 1985

Lot Details

  • Home fronts navigable water
  • Cleared Lot

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Block Foundation
  • Built-Up Roof
  • Stick Built Home
  • Masonry
  • Stucco

Interior Spaces

  • 988 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Wood Burning Fireplace
  • Bay Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Access
  • Property near a bay
  • 1 Boat Dock
  • Balcony

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 288886

Community Details

Overview

  • 2 Elevators
  • Pointe On The Bay Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,051

Year Built

Built in 1985

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1985
  • Remarks Public: Newly redone 2 bedroom waterfront condo with large bayfront pool and deeded deep water slip #2 conveys with this property. Oustide of building walkways recently redone, painted and sealed, no assessments due, great downtown location near the boardwalk, Ride the train down to the pier and downtown attractions. Inside has new tile throughout, bright open, new kitchen, granite countertops, stainless appliances. Condo fee includes cable, clean must see!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Icemaker, Washer
  • Interior Amenities: Entry Level Bedroom, Upgraded Countertops
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 2
  • Foundation Details: Block
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Living Area Units: Square Feet
  • Total Sq Ft: 988
  • Living Area Sq Ft: 988
  • Price Per Sq Ft: 293.42
  • Above Grade Finished Sq Ft: 988
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2209

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Stucco, Stick Built
  • Construction Completed: No
  • Roof: Built-Up
  • View: Bay, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Water Frontage Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Off Street, Assigned
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4800.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Outdoor Living Structures: Balcony
  • Zoning Description: B1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 288886
  • Tax Lot: 104
  • County Tax Payment Frequency: Annually
  • Close Date: 10/20/2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2017
Closed on
Oct 20, 2017
Sold by
Perira Armenio and Perira Paula
Bought by
Fisher Todd E and Fisher Betty
Seller's Agent
Candi Noyes
Coldwell Banker Realty
Buyer's Agent
Candi Noyes
Coldwell Banker Realty
List Price
$289,900
Sold Price
$270,000
Premium/Discount to List
-$19,900
-6.86%
Current Estimated Value
$431,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,072
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
May 11, 2006
Sold by
Marshall Scott A and Henry Sue A
Bought by
Armenio Pereira

Purchase Details

Closed on
May 9, 2006
Sold by
Marshall Scott A and Henry Sue A
Bought by
Armenio Pereira

Purchase Details

Closed on
Sep 21, 2005
Sold by
Kyger James R
Bought by
Marshall Scott A and Henry Sue A

Purchase Details

Closed on
Sep 9, 2005
Sold by
Kyger James R
Bought by
Marshall Scott A and Henry Sue A

Purchase Details

Closed on
Jun 18, 1992
Sold by
Dolphin Run Associates
Bought by
Kyger James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,950
Interest Rate
8.54%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Fisher Todd E $270,000 None Available
Armenio Pereira $363,000 --
Armenio Pereira $363,000 --
Marshall Scott A $309,000 --
Marshall Scott A $309,000 --
Kyger James R $82,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kyger James R $77,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $270,000 -6.9% $273 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
07/04/2017 07/04/17 For Sale $289,900 -- $293 / 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 $3,051 $232,833 $0 $0
2024 $3,051 $218,667 $0 $0
2023 $2,874 $204,500 $102,200 $102,300
2022 $2,874 $204,500 $102,200 $102,300
2021 $2,890 $204,500 $102,200 $102,300
2020 $2,889 $204,500 $102,200 $102,300
2019 $2,909 $204,500 $102,200 $102,300
2018 $2,880 $204,500 $102,200 $102,300
2017 $3,014 $213,400 $0 $0
2016 -- $201,533 $0 $0
2015 $2,916 $189,667 $0 $0
2014 $2,916 $177,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000517258

Bright MLS

APN: 10-288886