NOT LISTED FOR SALE

Estimated Value: $568,000 - $645,000

3 Beds
2 Baths
1,272 Sq Ft
$500/ mo HOA Fee

Last Sold September 28, 2020

Last sale price $415,000 $326 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,196/month

108 Days on Market

Highlights

  • Ocean View
  • Sandy Beach
  • Waterfront
  • Ocean City Elementary School Rated A
  • Water Oriented
  • Coastal Architecture

About This Home

As of September 2020

Coming Soon! Both ocean and bay views. Wrap around balconies, and new sliders on the front. Views all around. Summer Beach offers an outdoor in-ground pool, on-site management, secured lobby , and covered parking. Property features corner location 3 Bedrooms, 2 full baths. Updated kitchen and baths, newer flooring thought, freshly painted, and well equipped. Convenient location close to boardwalk, fun, bars, and restaurants. Good rental potential.

Last Agent to Sell the Property

Chris Jett

(410) 723-3600 blawrence.rma@gmail.com RE/MAX Advantage Realty License #RS-0019287 Listed on: 05/15/2020

RE/MAX Advantage Realty

Last Buyer's Agent

Michael Nolen

(410) 524-0919 ryan@ryanhaley.com Atlantic Shores Sotheby's International Realty License #642353

Atlantic Shores Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,175

Year Built

  • Built in 1986 | Remodeled in 2018

Lot Details

  • Waterfront
  • Sandy Beach
  • Property is in good condition

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • City

Home Design

  • Coastal Architecture
  • Entry on the 4th floor

Interior Spaces

  • 1,272 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Multiple Balconies
  • Exterior Lighting

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Berlin Intermediate School
  • Stephen Decatur High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 408
  • Assessor Parcel Number 10-300924

Community Details

Overview

  • High-Rise Condominium
  • Mann Properties Condos
  • Summer Beach Community
  • Non Development Subdivision

Amenities

  • 2 Elevators

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,175

Year Built

Built in 1986 | Remodeled in 2018

Lot Details

0 Sq Ft Lot

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-05-15
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Entry Floor: 4
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Island, Window Treatments
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 2
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1272
  • Living Area Sq Ft: 1272
  • Price Per Sq Ft: 321.54
  • Above Grade Finished Sq Ft: 1272
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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, Combination
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • View: Ocean, Bay, City
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Central
  • 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: 500.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Mann Properties
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Elevator
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: BERLIN INTERMEDIATE SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Good
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5422658
  • Tax Annual Amount: 5175.00
  • Assessor Parcel Number: 10-300924
  • Tax Lot: 408
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Sep 28, 2020
Sold by
Tuffiash William A
Bought by
Pettus Deirdre E and Pettus Keith B
Seller's Agent
Chris Jett
RE/MAX Advantage Realty
Buyer's Agent
Michael Nolen
Atlantic Shores Sotheby's International Realty
List Price
$439,000
Sold Price
$415,000
Premium/Discount to List
-$24,000
-5.47%
Current Estimated Value
$617,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,491
Avg. Annual Appreciation
7.54%
Original Mortgage
$373,500
Outstanding Balance
$332,208
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$285,283

Purchase Details

Closed on
Oct 4, 2006
Sold by
Foursome Group Llc
Bought by
Tuffiash William A and Tuffiash Rae Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2006
Sold by
Foursome Group Llc
Bought by
Tuffiash William A and Tuffiash Rae Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2002
Sold by
Burke William M and Burke Mary Ellen
Bought by
Foursome Group Llc

Purchase Details

Closed on
Dec 22, 1992
Sold by
Ausherman Marvin E and Ausherman Nancy A
Bought by
Burke William M and Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,200
Interest Rate
8.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pettus Deirdre E $415,000 None Available
Tuffiash William A $495,000 --
Tuffiash William A $495,000 --
Foursome Group Llc $285,000 --
Burke William M $144,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pettus Deirdre E $373,500
Closed Pettus Deirdre E $373,500
Previous Owner Tuffiash William A $396,000
Previous Owner Tuffiash William A $396,000
Previous Owner Burke William M $130,200
Closed Foursome Group Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $415,000 +1.5% $326 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
06/16/2020 06/16/20 Price Changed $409,000 -6.8% $322 / Sq Ft
05/15/2020 05/15/20 For Sale $439,000 -- $345 / 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 $5,801 $424,833 $0 $0
2024 $5,520 $395,567 $0 $0
2023 $5,148 $366,300 $256,400 $109,900
2022 $5,148 $366,300 $256,400 $109,900
2021 $5,176 $366,300 $256,400 $109,900
2020 $5,175 $366,300 $256,400 $109,900
2019 $5,211 $366,300 $256,400 $109,900
2018 $5,159 $366,300 $256,400 $109,900
2017 $5,381 $379,000 $0 $0
2016 -- $379,000 $0 $0
2015 $5,922 $379,000 $0 $0
2014 $5,922 $400,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO113544

Bright MLS

APN: 10-300924

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