NOT LISTED FOR SALE

225 26th St Unit 4 Ocean City, MD 21842

Estimated Value: $278,000 - $323,000

1 Bed
1 Bath
496 Sq Ft
$308/mo HOA Fee

Last Sold March 01, 2024

Last sale price $321,570 $648 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,194/month

60 Days on Market

Highlights

  • 20 Feet of Waterfront
  • 1 Dock Slip
  • Bay View
  • Ocean City Elementary School Rated A
  • Pier
  • 4-minute walk to Robin Park

About This Home

As of March 2024

Sorry you missed this Gorgeous 1st floor waterfront condo with deeded boat slip. Relax on your back patio as you soak in the amazing sunsets or step right on your boat to see what adventure awaits you. Recently remodeled and beautifully furnished (everything conveys), all that is missing is you! Eat some crabs or BBQ on a picnic table while the sun sets. Owner has a permit for a boat lift in hand. Just a short walk to the boardwalk, beach & fun, fun, fun! There is central hot water and secure on site laundry and storage - wow! Grab this one before its gone......

Last Agent to Sell the Property

Brenda Fornos

(410) 490-2972 bfornos1@gmail.com Taylor Properties Listed on: 12/08/2023

Taylor Properties

Last Buyer's Agent

Shawn Kotwica

(724) 840-0572 shawn.kotwica@cbmove.com Coldwell Banker Realty License #653192

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,817

Year Built

  • Built in 1963

Lot Details

  • 20 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Property is in excellent condition

HOA Fees

  • $308 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Stick Built Home

Interior Spaces

  • 496 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Family Room
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Bay Views

Kitchen

  • Galley Kitchen
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Parking

  • Private Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Private Water Access
  • Property near a bay
  • Bulkhead
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted

Location

  • Flood Risk

Schools

  • Stephen Decatur High School

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 2410046068

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, laundry, pier/dock maintenance, reserve funds, trash, water
  • 2 Units
  • Low-Rise Condominium
  • Marina Condos
  • Marina Community
  • Non Development Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Boat Dock

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,817

Year Built

Built in 1963

Lot Details

0

HOA Fees

$308 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
  • Historic: No
  • Inclusions: All furniture inside & outside including fish box.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-12-09
  • Federal Flood Zone: Yes
  • Year Built: 1963
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Surface Unit, Exhaust Fan, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Kitchen - Galley, Recessed Lighting, Stall Shower, Upgraded Countertops, Window Treatments
  • Window Features: Screens, Sliding, Double Pane
  • Fireplace: No
  • Levels Count: 1
  • Room List: Primary Bedroom, Kitchen, Family Room, Bathroom 1
  • Basement: No
  • Laundry Type: Common, Shared
  • Total Sq Ft: 496
  • Living Area Sq Ft: 496
  • Price Per Sq Ft: 631.05
  • Above Grade Finished Sq Ft: 496
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Roof: Flat
  • Spa: No
  • View: Bay
  • Water Access Features: Boat - Powered, Private Access
  • Water Access: Yes
  • Water Body Name: Assawoman Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 20

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 925.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Marina
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Laundry Facilities, Picnic Area
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Laundry, Pier/Dock Maintenance, Reserve Funds, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent
  • High School: STEPHEN DECATUR

Lot Info

  • Additional Parcels: No
  • Lot Features: Bulkheaded
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1817.00
  • Assessor Parcel Number: 2410046068
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Mar 1, 2024
Sold by
Faloon Randall Scott
Bought by
Mccutcheon David A
Seller's Agent
Brenda Fornos
Taylor Properties
Buyer's Agent
Shawn Kotwica
Coldwell Banker Realty
List Price
$339,000
Sold Price
$321,570
Premium/Discount to List
-$17,430
-5.14%
Views
147
Current Estimated Value
$305,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,937
Avg. Annual Appreciation
-3.02%
Original Mortgage
$311,922
Outstanding Balance
$306,734
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$1,101

Purchase Details

Listed on
May 23, 2023
Closed on
Jul 14, 2023
Sold by
Korenko John H and Fish Katherine
Bought by
Faloon Randall Scott
Seller's Agent
Terri Moran
Coldwell Banker Realty
Buyer's Agent
Brenda Fornos
Taylor Properties
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.78%
Original Mortgage
$256,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2011
Sold by
Printz Judy Ellen
Bought by
Printz Judy Ellen and Merchant Donna Printz

Purchase Details

Closed on
Jun 27, 2011
Sold by
Mcdonough Judy Ellen Printz and Messier Donna Carol Printz
Bought by
Printz Judy Ellen and Merchant Donna Printz

Purchase Details

Closed on
Mar 1, 2004
Sold by
Printz Lorraine S
Bought by
Printz Mcdonough Judy Ellen and Meissier Donna Carol Printz

Purchase Details

Closed on
Sep 12, 2000
Sold by
Douglas Printz
Bought by
Printz Lorraine S
Source: Public Records

Range of Values:

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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
Mccutcheon David A $321,570 None Listed On Document
Faloon Randall Scott $320,000 Sage Title
Faloon Randall Scott $320,000 Sage Title
Printz Judy Ellen -- --
Printz Judy Ellen -- Freestate Title Services Of
Printz Judy Ellen -- --
Printz Mcdonough Judy Ellen -- --
Printz Lorraine S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccutcheon David A $311,922
Previous Owner Faloon Randall Scott $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2024 03/01/24 Sold $321,570 +2.7% $648 / Sq Ft
01/31/2024 01/31/24 Price Changed $313,000 -4.5% $631 / Sq Ft
01/04/2024 01/04/24 Price Changed $327,600 -3.2% $660 / Sq Ft
12/29/2023 12/29/23 Price Changed $338,500 -0.1% $682 / Sq Ft
12/08/2023 12/08/23 For Sale $339,000 +5.9% $683 / Sq Ft
07/14/2023 07/14/23 Sold $320,000 -3.0% $645 / Sq Ft View Prior Sale
05/23/2023 05/23/23 For Sale $329,900 -- $665 / 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 $3,434 $251,500 $0 $0
2024 $2,654 $190,200 $0 $0
2023 $1,812 $128,900 $64,400 $64,500
2022 $1,765 $125,600 $0 $0
2021 $1,728 $122,300 $0 $0
2020 $1,681 $119,000 $59,500 $59,500
2019 $1,670 $117,400 $0 $0
2018 $1,631 $115,800 $0 $0
2017 $1,621 $114,200 $0 $0
2016 $1,521 $114,200 $0 $0
2015 $1,521 $94,200 $0 $0
2014 $1,521 $102,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2017942

Bright MLS

APN: 10-046068