NOT LISTED FOR SALE

3 12th St Ocean City, MD 21842

Estimated Value: $1,258,000 - $1,460,168

9 Beds
7 Baths
4,388 Sq Ft
2,178 Sq Ft Lot

Last Sold July 15, 2020

Last sale price $737,500 $168 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $8,344/month

71 Days on Market

Highlights

  • Ocean View
  • Second Kitchen
  • Building is oceanfront but unit may not have water views
  • Ocean City Elementary School Rated A
  • No Units Above
  • Deck

About This Home

As of July 2020

Very rare opportunity to own a large 9 bedroom 4 full bath, 3 half bath single family home located 100 ft. off Ocean Cities famous boardwalk. Tremendous view of the ocean. Great rental potential. Many upgrades have been completed, including but not limited to: New Kitchen appliances, plumbing throughout, electrical, hardwood floors, new windows & re-insulation. This is a once in a lifetime opportunity. Call listing agent for all details and showings.

Last Agent to Sell the Property

Ken Church

Coldwell Banker Bud Church Realty,Inc. Listed on: 02/20/2020

Coldwell Banker Bud Church Realty,Inc.

Last Buyer's Agent

Ken Church

Coldwell Banker Bud Church Realty,Inc. Listed on: 02/20/2020

Coldwell Banker Bud Church Realty,Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,207

Year Built

  • Built in 1930 | Remodeled in 2007

Lot Details

  • Building is oceanfront but unit may not have water views
  • No Units Above
  • No Units Located Below
  • North Facing Home
  • Cleared Lot
  • Property is in good condition

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Block Foundation
  • Wood Walls
  • Asphalt Roof

Interior Spaces

  • 4,388 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Chair Railings
  • Crown Molding
  • Brick Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Ocean Views

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Outdoor Features

  • Multiple Balconies
  • Deck

Location

  • Flood Risk

Schools

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

Utilities

  • Window Unit Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 1
  • Assessor Parcel Number 10-035813

Community Details

Overview

  • No Home Owners Association
  • Low-Rise Condominium

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,207

Year Built

Built in 1930 | Remodeled in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1930
  • Year Renovated: 2007
  • Remarks Public: Very rare opportunity to own a large 9 bedroom 4 full bath, 3 half bath single family home located 100 ft. off Ocean Cities famous boardwalk. Tremendous view of the ocean. Great rental potential. Many upgrades have been completed, including but not limited to: New Kitchen appliances, plumbing throughout, electrical, hardwood floors, new windows & re-insulation. This is a once in a lifetime opportunity. Call listing agent for all details and showings.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven - Single, Refrigerator, Washer
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: 2nd Kitchen, Chair Railings, Combination Dining/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: No One Above, No One Below
  • Wall Ceiling Types: Dry Wall, Wood Walls
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 4388
  • Living Area Sq Ft: 4388
  • Price Per Sq Ft: 182.09
  • Above Grade Finished Sq Ft: 4388
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Beds/Baths

  • Bedrooms: 9
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 4
  • Lower Level Bedroom: 4
  • Total Bathrooms: 7
  • Full Bathrooms: 3
  • Half Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1
  • Upper Level 2 Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Roof: Asphalt
  • Spa: No
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • 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: No
  • 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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 576900.00
  • Land Assessed Value: 302500.00
  • Land Use Code: 011
  • Lot Features: Cleared
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2168.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5400067
  • Tax Annual Amount: 8207.00
  • Assessor Parcel Number: 10-035813
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 4388
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/15/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2021
Sold by
Barrett Ronald J and Barrett Hagit A
Bought by
Robbins Daniel L and Robbins Andrea S
Current Estimated Value
$1,360,792

Purchase Details

Listed on
Feb 20, 2020
Closed on
Jul 15, 2020
Sold by
Conklin Franklin J and Gronicki Marie E
Bought by
Barrett Ronald J and Barrett Hagit A
Seller's Agent
Ken Church
Coldwell Banker Bud Church Realty,Inc.
Buyer's Agent
Ken Church
Coldwell Banker Bud Church Realty,Inc.
List Price
$824,900
Sold Price
$737,500
Premium/Discount to List
-$87,400
-10.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$553,125
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2006
Sold by
Peters Walter T
Bought by
Conklin Franklin J and Groncki Arie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 28, 2006
Sold by
Peters Walter T
Bought by
Conklin Franklin J and Groncki Arie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
6.27%
Mortgage Type
Stand Alone Second
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
Robbins Daniel L -- None Available
Barrett Ronald J $737,500 Ocean Investments Title Corp
Conklin Franklin J $695,000 --
Conklin Franklin J $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrett Ronald J $553,125
Previous Owner Conklin Franklin J $69,500
Previous Owner Conklin Franklin J $556,000
Previous Owner Conklin Franklin J $556,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $737,500 -7.7% $168 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
03/14/2020 03/14/20 Price Changed $799,000 -2.5% $182 / Sq Ft
03/11/2020 03/11/20 Price Changed $819,900 -0.6% $187 / Sq Ft
02/20/2020 02/20/20 For Sale $824,900 -- $188 / 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 $11,158 $878,633 $0 $0
2024 $11,158 $799,667 $0 $0
2023 $10,129 $720,700 $392,500 $328,200
2022 $9,455 $672,767 $0 $0
2021 $8,830 $624,833 $0 $0
2020 $7,470 $576,900 $392,500 $184,400
2019 $7,492 $526,633 $0 $0
2018 $6,709 $476,367 $0 $0
2017 $5,361 $426,100 $0 $0
2016 -- $377,633 $0 $0
2015 $5,139 $329,167 $0 $0
2014 $5,139 $280,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ken Church

    Seller's Agent in 2020

    Ken Church

    Coldwell Banker Bud Church Realty,Inc.

    (410) 251-3987

    32 in this area

    78 Total Sales

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Map

Source: Bright MLS

MLS Number: MDWO112256

Bright MLS

APN: 10-035813

Maryland Worcester County Ocean City 21842

3 12th St, Ocean City, MD

This home is located at 3 12th St, Ocean City, MD 21842 since 20 February 2020 and is currently estimated at $1,360,792, approximately $310 per square foot. This property was built in 1930. 3 12th St 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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