NOT LISTED FOR SALE

2901 Atlantic Ave Unit 701 Ocean City, MD 21842

Estimated Value: $662,000 - $697,000

2 Beds
2 Baths
1,122 Sq Ft
$483/mo HOA Fee

Last Sold April 18, 2022

Last sale price $590,000 $526 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,552/month

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Coastal Architecture
  • Ocean City Elementary School Rated A
  • Open Floorplan
  • Furnished

About This Home

As of April 2022

Attention Investors! Over 58K in rental income booked for 2021, 8 Rentals already booked for 2022 (to be honored). Prime location, direct oceanfront, 2 bedroom 2 bath, SOUTH END UNIT with wrap around balcony. It is a great oceanfront condo just steps from the world famous Ocean City boardwalk. Highly desired condo units in this building do not come up for sale often. The boardwalk is about 1 block away. Fully furnished. Oceanfront master bedroom with a sliding glass door that leads to your private oceanfront balcony. A large oceanfront outdoor pool. Breathtaking panoramic views of the ocean, beach, bay, and inlet. Building upgrades include: elevators, new windows, new glass sliders, new balcony with glass inserts, and Stucco refinish. Well managed building with low condo fees, strong reserve funds, and private parking. New pictures coming.

Last Agent to Sell the Property

Candi Noyes

(410) 524-1203 candi@candinoyes.com Coldwell Banker Realty Listed on: 03/16/2022

Coldwell Banker Realty

Co-Listed By

Michael Noyes

(410) 251-8967 mnoyes@cbmove.com Coldwell Banker Realty

Last Buyer's Agent

Kimberley Collins

(443) 333-6310 kim.collins@theoldfathergroup.com Compass License #532644

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • Property is in excellent condition

HOA Fees

  • $483 Monthly HOA Fees

Property Views

  • Ocean
  • Panoramic

Home Design

  • Coastal Architecture
  • Entry on the 7th floor
  • Dryvit Stucco
  • Masonry

Interior Spaces

  • 1,122 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Dining Area

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • Parking Lot
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Doors swing in

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 701
  • Assessor Parcel Number 2410049792

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), reserve funds, snow removal
  • High-Rise Condominium
  • Harrington Towers Community

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,602

Year Built

Built in 1975

Lot Details

0

HOA Fees

$483 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Coastal
  • Accessibility Features: 36"+ Wide Halls, Elevator, Doors - Swing In
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Remarks Public: Attention Investors! Over 58K in rental income booked for 2021, 8 Rentals already booked for 2022 (to be honored). Prime location, direct oceanfront, 2 bedroom 2 bath, SOUTH END UNIT with wrap around balcony. It is a great oceanfront condo just steps from the world famous Ocean City boardwalk. Highly desired condo units in this building do not come up for sale often. The boardwalk is about 1 block away. Fully furnished. Oceanfront master bedroom with a sliding glass door that leads to your private oceanfront balcony. A large oceanfront outdoor pool. Breathtaking panoramic views of the ocean, beach, bay, and inlet. Building upgrades include: elevators, new windows, new glass sliders, new balcony with glass inserts, and Stucco refinish. Well managed building with low condo fees, strong reserve funds, and private parking. New pictures coming.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Water Heater, Washer, Dryer - Electric
  • Entry Floor: 7
  • Interior Amenities: Ceiling Fan(s), Dining Area, Floor Plan - Open, Primary Bedroom - Ocean Front
  • Fireplace: No
  • 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: 570.41
  • 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, Dryvit, Masonry
  • View: Ocean, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1450.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5401253
  • Tax Annual Amount: 4602.00
  • Assessor Parcel Number: 2410049792
  • Tax Lot: 701
  • Tax Total Finished Sq Ft: 1122
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 04/18/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Apr 18, 2022
Sold by
Eastern Realty Corp
Bought by
Marbaise Steven Lee and Shopp Josette Elizabeth
Seller's Agent
Candi Noyes
Coldwell Banker Realty
Buyer's Agent
Kimberley Collins
Compass
List Price
$655,000
Sold Price
$590,000
Premium/Discount to List
-$65,000
-9.92%
Current Estimated Value
$674,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,334
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
Apr 28, 2005
Sold by
Dennis Alebr
Bought by
Eastern Realty Corp

Purchase Details

Closed on
Apr 12, 2005
Sold by
Dennis Alebr
Bought by
Eastern Realty Corp

Purchase Details

Closed on
Oct 27, 1997
Sold by
Elwood Scaggs James
Bought by
Alebrande Dennis C and Alebrande Theresa J
Source: Public Records

Range of Values:

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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
Marbaise Steven Lee $590,000 None Listed On Document
Eastern Realty Corp $458,500 --
Eastern Realty Corp $458,500 --
Alebrande Dennis C $154,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Alebrande Dennis C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2022 04/18/22 Sold $590,000 -7.8% $526 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/24/2022 03/24/22 Price Changed $639,999 -2.3% $570 / Sq Ft
03/16/2022 03/16/22 For Sale $655,000 -- $584 / 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 $5,155 $366,800 $256,700 $110,100
2022 $4,866 $346,233 $0 $0
2021 $4,602 $325,667 $0 $0
2020 $4,317 $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 -- $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

  • Candi Noyes

    Seller's Agent in 2022

    Candi Noyes

    Coldwell Banker Realty

    (410) 524-1203

    82 in this area

    103 Total Sales

    Candi Noyes
    Section Image
  • Michael Noyes

    Seller Co-Listing Agent in 2022

    Michael Noyes

    Coldwell Banker Realty

    (410) 251-8967

    54 in this area

    66 Total Sales

    Michael Noyes
    Section Image
  • Kimberley Collins

    Buyer's Agent in 2022

    Kimberley Collins

    Compass

    (443) 333-6310

    25 in this area

    39 Total Sales

    Kimberley Collins
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2006492

Bright MLS

APN: 10-049792

Maryland Worcester County Ocean City 21842

2901 Atlantic Ave Unit 701, Ocean City, MD

This home is located at 2901 Atlantic Ave Unit 701, Ocean City, MD 21842 since 16 March 2022 and is currently estimated at $674,334, approximately $601 per square foot. This property was built in 1975. 2901 Atlantic Ave Unit 701 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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