NOT LISTED FOR SALE

2901 Atlantic Ave Unit 1104 Ocean City, MD 21842

Estimated Value: $670,106 - $685,000

2 Beds
2 Baths
1,122 Sq Ft
$400/mo HOA Fee

Last Sold March 29, 2019

Last sale price $430,000 $383 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,486/month

Highlights

  • Home fronts navigable water
  • Access to Tidal Water
  • Community Pool
  • Ocean City Elementary School Rated A
  • Furnished
  • Balcony

About This Home

As of March 2019

BEST OCEAN VIEWS IN OCEAN CITY!! TOP FLOOR END UN IT WITH HUGE WRAP AROUND BALCONY! COME TAKE IN THE VIEW!!Hardly Ever Available!!! This is the best Ocean Front 2 bedroom property available now!! Want an Ocean Front View with a huge private wrap around balcony? This is it!! 2 BR 2 BA, Penthouse, 11Th Floor, North End Unit with panoramic Ocean view's from the living, dining, kitchen and master bedrooms!! ! Also has the Ocean Front master suite with balcony access!! Harrington Towers, 29th St And The Ocean, Wrap A Round Balcony, Fully Furnished, Ocean Front Pool, Just A Few Blocks North From Ocean City's World Famous Boardwalk, New HVAC 2 Years Ago, Kitchen Remodeled And Sliders Replaced 5 Years Ago, Carpet Replaced This Past June, Building Elevator 1 Year Old, This Property Shows Very Well And You Will Love The Grounds And The Outdoor Pool!! Could be a rental machine !! Put This Property On Your List To See Before You Make Your Buying Decision!!Call now for your private showing!!

Last Agent to Sell the Property

Billy Barr

(410) 524-6400 bbocre@gmail.com Keller Williams Realty Delmarva Listed on: 08/10/2018

Keller Williams Realty Delmarva

Last Buyer's Agent

Cynthia DiNicolas

(443) 769-4170 cynthia.dinicolas@cbmove.com Coldwell Banker Realty License #RS-0024784

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,325

Year Built

  • Built in 1975

Lot Details

  • Home fronts navigable water
  • West Facing Home

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Entry on the 11th floor
  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Built-Up Roof
  • Stick Built Home
  • Masonry
  • Stucco

Interior Spaces

  • 1,122 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Wood Burning Fireplace
  • Insulated Windows
  • Casement Windows

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • Lighted Parking
  • Paved Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near an ocean
  • Balcony
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Doors swing in
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 5927
  • Assessor Parcel Number 10-049679

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds, water
  • High-Rise Condominium
  • Harrington Towers Condos
  • Harrington Towers Community
  • Property Manager

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,325

Year Built

Built in 1975

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Doors - Swing In
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: FURNISHED!!
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Remarks Public: BEST OCEAN VIEWS IN OCEAN CITY!! TOP FLOOR END UN IT WITH HUGE WRAP AROUND BALCONY! COME TAKE IN THE VIEW!!Hardly Ever Available!!! This is the best Ocean Front 2 bedroom property available now!! Want an Ocean Front View with a huge private wrap around balcony? This is it!! 2 BR 2 BA, Penthouse, 11Th Floor, North End Unit with panoramic Ocean view's from the living, dining, kitchen and master bedrooms!! ! Also has the Ocean Front master suite with balcony access!! Harrington Towers, 29th St And The Ocean, Wrap A Round Balcony, Fully Furnished, Ocean Front Pool, Just A Few Blocks North From Ocean City's World Famous Boardwalk, New HVAC 2 Years Ago, Kitchen Remodeled And Sliders Replaced 5 Years Ago, Carpet Replaced This Past June, Building Elevator 1 Year Old, This Property Shows Very Well And You Will Love The Grounds And The Outdoor Pool!! Could be a rental machine !! Put This Property On Your List To See Before You Make Your Buying Decision!!Call now for your private showing!!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 11
  • Flooring Type: Carpet, Ceramic Tile
  • Window Features: Casement, Insulated
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1122
  • Living Area Sq Ft: 1122
  • Price Per Sq Ft: 414.35
  • 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: Concrete, Frame, Masonry, Stick Built, Stucco
  • Exterior Features: Exterior Lighting
  • Roof: Built-Up, Flat
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Assigned, Lighted Parking, Paved Parking
  • Type Of Parking: Off Street, Parking Lot, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4800.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Harrington Towers
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Outdoor Living Structures: Balcony
  • Year Assessed: 2019
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5401242
  • Tax Annual Amount: 4325.00
  • Assessor Parcel Number: 10-049679
  • Tax Lot: 5927
  • Tax Total Finished Sq Ft: 1122
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 03/29/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Mar 29, 2019
Sold by
Rizzo Leslie S and Rizzo Margaret M
Bought by
Heinz Kenneth J and Heinz Wendy J
Seller's Agent
Billy Barr
Keller Williams Realty Delmarva
Buyer's Agent
Cynthia DiNicolas
Coldwell Banker Realty
List Price
$479,000
Sold Price
$430,000
Premium/Discount to List
-$49,000
-10.23%
Current Estimated Value
$676,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,027
Avg. Annual Appreciation
7.14%
Original Mortgage
$230,000
Outstanding Balance
$202,211
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$473,816

Purchase Details

Closed on
Dec 13, 2007
Sold by
Rizzo Leslie S
Bought by
Leslie S Rizzo Rev Living Trust & and Margaret M Rizzo Rev Living Trust

Purchase Details

Closed on
Oct 30, 2007
Sold by
Rizzo Leslie S
Bought by
Leslie S Rizzo Rev Living Trust & and Margaret M Rizzo Rev Living Trust

Purchase Details

Closed on
Oct 12, 2006
Sold by
Rizzo Leslie S Trustee
Bought by
Rizzo Leslie S and Rizzo Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.49%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 5, 2006
Sold by
Rizzo Leslie S Trustee
Bought by
Rizzo Leslie S and Rizzo Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.49%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 1, 1993
Sold by
White Richard K
Bought by
Rizzo Leslie S, Trustee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.5%
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
Heinz Kenneth J $430,000 Title Resources Guaranty Co
Leslie S Rizzo Rev Living Trust & -- --
Leslie S Rizzo Rev Living Trust & -- --
Rizzo Leslie S -- --
Rizzo Leslie S -- --
Rizzo Leslie S, Trustee $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heinz Kenneth J $230,000
Previous Owner Rizzo Leslie S $417,000
Previous Owner Rizzo Leslie S $417,000
Previous Owner Rizzo Leslie S, Trustee $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $430,000 -7.5% $383 / Sq Ft
02/16/2019 02/16/19 Pending -- -- --
01/14/2019 01/14/19 Price Changed $464,900 -2.9% $414 / Sq Ft
08/10/2018 08/10/18 For Sale $479,000 -- $427 / 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 $6,011 $495,900 $0 $0
2024 $6,011 $430,800 $0 $0
2023 $5,139 $365,700 $255,900 $109,800
2022 $4,850 $345,133 $0 $0
2021 $4,586 $324,567 $0 $0
2020 $4,295 $304,000 $212,800 $91,200
2019 $4,314 $303,267 $0 $0
2018 $4,261 $302,533 $0 $0
2017 $4,269 $301,800 $0 $0
2016 -- $300,667 $0 $0
2015 $4,214 $299,533 $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: 1002202430

Bright MLS

APN: 10-049679