NOT LISTED FOR SALE

Estimated Value: $435,000 - $490,000

2 Beds
2 Baths
992 Sq Ft
$800/ mo HOA Fee

Last Sold May 03, 2023

Last sale price $399,900 $403 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,569/month

33 Days on Market

Highlights

  • Ocean Front
  • Open Floorplan
  • Upgraded Countertops
  • Ocean City Elementary School Rated A
  • Furnished
  • Fenced Community Pool

About This Home

As of May 2023

Now is your chance to have your beach condo!!! ATTENTION BUYERS ... Sellers will pay one year's condo fees ... that's almost $10,000!! WOW!!! DON'T MISS OUT!!! This could be your "home away from home" here at Summer Beach. This beautiful and well cared for first floor/one level living 2 bedroom, 2 full bath condo with north facing ocean views is the perfect place to call home; summer getaway; or investment property that allows you to enjoy while it pays for itself. Catch the sunrise while sipping your morning coffee or relax at the pool after a busy day at the beach. This condo features all ceramic tile and luxury vinyl plank flooring! Summer Beach is close to everything and is just waiting for you!

Last Agent to Sell the Property

Renie Jordan

(717) 757-2717 RJordan@homesale.com Coldwell Banker Realty License #RS334053 Listed on: 02/15/2023

Coldwell Banker Realty

Last Buyer's Agent

William Bjorkland

(302) 539-1777 william.bjorkland@cbmove.com Coldwell Banker Realty License #RS-0023035

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,496

Year Built

  • Built in 1986 | Remodeled in 2020

Lot Details

  • Ocean Front
  • Property is in excellent condition

HOA Fees

  • $800 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Masonry

Interior Spaces

  • 992 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Window Treatments
  • Sliding Doors
  • Living Room
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Private Parking
  • Parking Lot

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Balcony
  • Flood Risk

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 2410300657

Community Details

Overview

  • Association fees include cable TV, common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), snow removal, trash, water, reserve funds
  • Mid-Rise Condominium
  • Summer Beach Condo Association Condos
  • Summer Beach Community
  • Property Manager

Amenities

  • 2 Elevators

Recreation

  • Fenced Community Pool
  • Lap or Exercise Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,496

Year Built

Built in 1986 | Remodeled in 2020

Lot Details

0 Sq Ft Lot

HOA Fees

$800 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Washer, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank, Ceramic Tile
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Upgraded Countertops, Window Treatments
  • Door Features: Sliding Glass
  • Elevators Count: 2
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 992
  • Living Area Sq Ft: 992
  • Price Per Sq Ft: 403.12
  • Above Grade Finished Sq Ft: 992
  • Above Grade Finished Area Units: Square Feet

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: Masonry
  • View: Ocean, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 800.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Summer Beach Condo Association
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash, Water, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, Filtered, In Ground, Lap/Exercise

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good, Excellent
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 3496.00
  • Assessor Parcel Number: 2410300657
  • Tax Lot: 107
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Federal Flood Zone: R-3

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
May 3, 2023
Sold by
Mcginniss Denise
Bought by
Wooster David Lee and Wooster Caryn Michelle
Seller's Agent
Renie Jordan
Coldwell Banker Realty
Buyer's Agent
William Bjorkland
Coldwell Banker Realty
List Price
$399,900
Sold Price
$399,900
Views
87
Current Estimated Value
$458,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,507
Avg. Annual Appreciation
4.86%
Original Mortgage
$299,925
Outstanding Balance
$291,478
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$166,929

Purchase Details

Closed on
Apr 16, 2001
Sold by
Nazarian Sarkis K
Bought by
Mcginniss Kevin and Mcginniss Denise

Purchase Details

Closed on
Oct 28, 1997
Sold by
Cendella James A
Bought by
Nazarian Sarkis K and Nazarian Hermine H

Purchase Details

Closed on
Aug 19, 1987
Sold by
Key West Financial Corp
Bought by
Cendella James A and Cendella Priscilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
10.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wooster David Lee $399,900 None Listed On Document
Mcginniss Kevin $154,000 --
Nazarian Sarkis K $87,500 --
Cendella James A $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wooster David Lee $299,925
Previous Owner Cendella James A $90,000
Closed Nazarian Sarkis K --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2023 05/03/23 Sold $399,900 0.0% $403 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $399,900 -- $403 / 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 $3,615 $255,900 $0 $0
2016 -- $255,900 $0 $0
2015 $4,200 $255,900 $0 $0
2014 $4,200 $269,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2012366

Bright MLS

APN: 10-300657

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