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Seller's Agent in 2019
Eric Van Orden
Keller Williams Realty Delmarva
(443) 614-9122
3 in this area
5 Total Sales
Summer Beach 3 35th St Ocean City, MD 21842
Estimated Value: $468,149 - $595,000
2
Beds
2
Baths
992
Sq Ft
$495/ mo
HOA Fee
Highlights
- Water Views
- Coastal Architecture
- Community Pool
- Ocean City Elementary School Rated A
- Furnished
- Stainless Steel Appliances
About This Home
As of August 2019This just renovated turnkey 2 bedroom rustic coastal condo is located close to the Boardwalk and has great views of the ocean. Renovations include: new luxury vinyl plank flooring with cork and sound dampening throughout ($8k), freshly painted walls, trim and ceilings, new solid wood shaker doors on all kitchen cabinets, quartz counter top, stainless steel appliance suite, guest bedroom furniture, and hot water heater. Glass sliders and corner window (approx $11k cost), master bedroom furniture, all mattresses, and living room swivel barrel chairs all replaced in spring of 2018. Gross rental income in $36k and $34k in 2018 and 2017 respectively. This lovely condo puts you in the heart of Ocean City, just a few blocks from the Boardwalk and south of the mid-town hustle and bustle. Building has onsite rental office, covered & open parking, low-density beach area, professional building management, and a secured lobby.
Last Agent to Sell the Property
(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva Listed on: 02/15/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,528
Year Built
- Built in 1986
HOA Fees
- $495 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Coastal Architecture
- Entry on the 3rd floor
- Built-Up Roof
Interior Spaces
- 992 Sq Ft Home
- Property has 1 Level
- Furnished
Kitchen
- Stove
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Central Air
- Heat Pump System
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Flood Risk
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 6195
- Assessor Parcel Number 10-300819
Community Details
Overview
- Mid-Rise Condominium
- Summer Beach Community
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2019
Closed on
Aug 30, 2019
Sold by
Van O Enterprises Llc
Bought by
Kenney Richard W and Kenney Kelly L
Seller's Agent
Eric Van Orden
Keller Williams Realty Delmarva
Buyer's Agent
Erik Windrow
Keller Williams Realty
List Price
$379,000
Sold Price
$359,000
Premium/Discount to List
-$20,000
-5.28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,537
Avg. Annual Appreciation
5.51%
Original Mortgage
$323,100
Outstanding Balance
$283,589
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$226,948
Purchase Details
Closed on
Apr 11, 2002
Sold by
Brown Arthur F
Bought by
Vanorden Edgar G
Purchase Details
Closed on
Apr 20, 2001
Sold by
Mason Donald G and Mason Janis L
Bought by
Brown Arthur F and Brown Frances
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kenney Richard W | $359,000 | Real Estate Title & Escrow | |
| Vanorden Edgar G | $223,500 | -- | |
| Brown Arthur F | -- | -- | |
| Brown Arthur F | $179,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kenney Richard W | $323,100 | |
| Closed | Brown Arthur F | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2019 08/30/19 | Sold | $359,000 | -2.9% | $362 / Sq Ft |
| 07/23/2019 07/23/19 | Pending | -- | -- | -- |
| 07/17/2019 07/17/19 | Price Changed | $369,900 | -2.4% | $373 / Sq Ft |
| 02/15/2019 02/15/19 | For Sale | $379,000 | -- | $382 / Sq Ft |
Source: Bright MLS
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 | $4,605 | $337,267 | $0 | $0 |
| 2024 | $4,083 | $292,633 | $0 | $0 |
| 2023 | $3,485 | $248,000 | $173,600 | $74,400 |
| 2022 | $3,485 | $248,000 | $173,600 | $74,400 |
| 2021 | $3,504 | $248,000 | $173,600 | $74,400 |
| 2020 | $3,504 | $248,000 | $173,600 | $74,400 |
| 2019 | $3,528 | $248,000 | $173,600 | $74,400 |
| 2018 | $3,493 | $248,000 | $173,600 | $74,400 |
| 2017 | $3,633 | $255,900 | $0 | $0 |
| 2016 | -- | $255,900 | $0 | $0 |
| 2015 | $5,821 | $255,900 | $0 | $0 |
| 2014 | $5,821 | $269,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Van Orden
-
Erik Windrow
Buyer's Agent in 2019
Erik Windrow
Keller Williams Realty
(410) 430-5333
69 in this area
155 Total Sales
About Summer Beach
Map
Source: Bright MLS
MLS Number: MDWO103528
APN: 10-300819
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