NOT LISTED FOR SALE

2901 Atlantic Ave Unit 1101 Ocean City, MD 21842

Estimated Value: $659,000 - $772,000

2 Beds
2 Baths
1,122 Sq Ft
$583/mo HOA Fee

Last Sold June 04, 2024

Last sale price $659,000 $587 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,769/month

12 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Ocean View
  • Beach
  • Ocean City Elementary School Rated A
  • Primary bedroom faces the ocean
  • Access to Tidal Water

About This Home

As of June 2024

Prime Placement of this Penthouse Property is positively pleasing! Top Floor Corner Condo with South, East and West Exposures! 1 party wall - has in-unit W/D, Fireplace and glorious wrap around balcony - Sunrise/Sunset views are stunning - and you have so much privacy up here on the 11th floor! Primary Bedroom with easy walk-in Shower - King Bed and large closet - 2nd Bedroom with 2 Queens and Bath with Tub/Shower. If you would like the rent this property, it rents very readily in the season.

Last Agent to Sell the Property

Nathan Carnes

(202) 321-9132 ncarnes@lnf.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 04/01/2024

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Debbie Bullinger

(410) 916-6170 debbiebullinger@icloud.com Cummings & Co. Realtors License #0652025

Cummings & Co. Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,170

Year Built

  • Built in 1975

Lot Details

  • 100 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • 1 Common Wall
  • Cul-De-Sac
  • West Facing Home
  • Extensive Hardscape
  • Property is in good condition

HOA Fees

  • $583 Monthly HOA Fees

Property Views

  • Ocean
  • Bay
  • Harbor

Home Design

  • Penthouse
  • Built-Up Roof
  • Dryvit Stucco

Interior Spaces

  • 1,122 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Sliding Windows
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Combination Dining and Living Room
  • Carpet
  • Exterior Cameras

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer

Parking

  • 35 Open Parking Spaces
  • 44 Parking Spaces
  • 9 Attached Carport Spaces
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • Parking Permit Included

Accessible Home Design

  • Accessible Elevator Installed
  • Wheelchair Height Mailbox

Outdoor Features

  • Access to Tidal Water
  • Public Water Access
  • Property is near an ocean
  • Balcony
  • Exterior Lighting
  • Breezeway
  • Wrap Around Porch

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • 120/240V
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 1101
  • Assessor Parcel Number 2410049628

Community Details

Overview

  • Association fees include trash, sewer, water, cable TV, lawn maintenance, management, reserve funds
  • High-Rise Condominium
  • The Harrington Condos
  • Harrington Towers Community
  • Lower Ocean City Subdivision
  • Property Manager
  • Property has 7 Levels

Recreation

  • Beach
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,170

Year Built

Built in 1975

Lot Details

0

HOA Fees

$583 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Accessibility Features: Wheelchair Height Mailbox, Elevator
  • Ownership: Condominium
  • Historic: No
  • Inclusions: All items in the condo convey with the property
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Remarks Public: Prime Placement of this Penthouse Property is positively pleasing! Top Floor Corner Condo with South, East and West Exposures! 1 party wall - has in-unit W/D, Fireplace and glorious wrap around balcony - Sunrise/Sunset views are stunning - and you have so much privacy up here on the 11th floor! Primary Bedroom with easy walk-in Shower - King Bed and large closet - 2nd Bedroom with 2 Queens and Bath with Tub/Shower. If you would like the rent this property, it rents very readily in the season.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator
  • Entry Floor: 1101
  • Interior Amenities: Breakfast Area, Carpet, Combination Dining/Living, Floor Plan - Open, Primary Bedroom - Ocean Front
  • Window Features: Casement, Energy Efficient, Screens, Sliding
  • Fireplace Features: Wood, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Door Features: Sliding Glass, Storm
  • Levels Count: 7
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1122
  • Living Area Sq Ft: 1122
  • Price Per Sq Ft: 587.34
  • Above Grade Finished Sq Ft: 1122
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2901

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Dryvit
  • Exterior Features: Exterior Lighting, Extensive Hardscape
  • Road Surface Type: Black Top
  • Roof: Built-Up
  • Spa: No
  • View: Bay, Harbor, Ocean
  • Water Access Features: Public Access
  • Water Access: Yes
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Parking Features: Lighted Parking, Paved Driveway, Paved Parking, Permit Included
  • Attached Carport Spaces: 9
  • Total Garage And Parking Spaces: 44
  • Type Of Parking: Attached Carport, Parking Lot
  • Parking Lot Number Of Spaces: 35

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Electric Available, Cable Tv
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1750.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: The Harrington
  • HOA Condo Co-Op Amenities: Beach, Swimming Pool, Elevator
  • HOA Condo Co-Op Fee Includes: Trash, Sewer, Water, Cable Tv, Lawn Maintenance, Management, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: U
  • Lot Features: Private, Cul-De-Sac
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Breezeway, Wrap Around
  • Property Condition: Good
  • Soil Types: Unknown
  • Year Assessed: 2023
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 30000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5170.00
  • Assessor Parcel Number: 2410049628
  • Tax Lot: 1101
  • Tax Total Finished Sq Ft: 1122
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/04/2024

Multi Family

  • Federal Flood Zone: See Zoning
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Jun 4, 2024
Sold by
Emily Lois Carnes Revocable Living Trust and Carne Nathan Bingham
Bought by
Mazzuca Lisa M
Seller's Agent
Nathan Carnes
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Debbie Bullinger
Cummings & Co. Realtors
List Price
$659,000
Sold Price
$659,000
Views
44
Current Estimated Value
$696,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,455
Avg. Annual Appreciation
4.12%
Original Mortgage
$362,450
Outstanding Balance
$358,434
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$338,021

Purchase Details

Closed on
Aug 8, 2022
Sold by
Charles W Fields Jr Living Trust
Bought by
Emily Lois Carnes Revocable Living Trust

Purchase Details

Closed on
Mar 8, 2002
Sold by
Fields Charles W and Fields Ione L
Bought by
Fields Ione L Trustee

Purchase Details

Closed on
Jun 29, 1995
Sold by
Janssens Joseph W
Bought by
Fields Charles W and Fields Ione L
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
Mazzuca Lisa M $659,000 None Listed On Document
Emily Lois Carnes Revocable Living Trust -- --
Emily Lois Carnes Revocable Living Trust -- None Listed On Document
Fields Ione L Trustee -- --
Fields Charles W $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazzuca Lisa M $362,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2024 06/04/24 Sold $659,000 0.0% $587 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $659,000 -- $587 / 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 $6,048 $500,000 $0 $0
2024 $6,048 $433,400 $0 $0
2023 $5,170 $366,800 $256,700 $110,100
2022 $4,866 $346,233 $0 $0
2021 $4,602 $325,667 $0 $0
2020 $4,311 $305,100 $213,500 $91,600
2019 $4,330 $304,367 $0 $0
2018 $4,276 $303,633 $0 $0
2017 $4,279 $302,900 $0 $0
2016 $4,407 $301,400 $0 $0
2015 $4,214 $299,900 $0 $0
2014 $4,214 $298,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2020014

Bright MLS

APN: 10-049628