NOT LISTED FOR SALE

3 80th St Unit 1B02 Ocean City, MD 21842

Estimated Value: $800,000 - $875,000

3 Beds
3 Baths
1,400 Sq Ft
$625/mo HOA Fee

Last Sold September 23, 2021

Last sale price $710,000 $507 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,968/month

175 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Ocean View
  • Sandy Beach
  • Ocean City Elementary School Rated A
  • Primary bedroom faces the ocean
  • Coastal Architecture

About This Home

As of September 2021

AMAZING PRICE REDUCTION! UNBELIEVABLE PANORAMIC OCEAN VIEWS from this updated elevated first floor 2-story end unit in El Marlyn. Conveniently located, this small 3 unit oceanfront building offers that unique condo you've been waiting for...updated and upgraded, but this one is ALL ABOUT THE VIEWS! From the minute you enter into the front door, you see water, beach, surf, waves, sand, sunrises and dunes. There is a full bath, bedroom upon entry and a oceanfront living area with expansive ocean sights from two sides - wall to wall windows and a balcony facing north. You'll love the incredible granite and stainless kitchen with tons of cabinets for storing all your entertaining items, with an oversized breakfast bar. The living space is phenomenal and you won't want to leave the amazing area unless it is to go upstairs to the primary bedroom with more views, own balcony and bathroom. Another bedroom (with own entrance), bathroom and laundry closet complete the 2nd floor. Boasts Coretec flooring, hurricane shutters and so much storage inside (multi closets throughout). Two assigned under building parking spaces convey and under building storage area. Close to restaurants, entertainment, shopping and so much more. New roof just installed and stairwells being sandblasted and re-painted just in time for summer! Don't miss this opportunity to see these spectacular views and this incredible condo and schedule your private tour!

Last Agent to Sell the Property

Jeannie Betten

Berkshire Hathaway HomeServices PenFed Realty License #RS-0024733 Listed on: 03/06/2021

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Kimberly Dixson

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,529

Year Built

  • Built in 1988

Lot Details

  • 125 Feet of Waterfront
  • Ocean Front
  • Sandy Beach

HOA Fees

  • $625 Monthly HOA Fees

Home Design

  • Coastal Architecture

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • En-Suite Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Multiple Balconies
  • Outdoor Storage

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1B
  • Assessor Parcel Number 10-321271

Community Details

Overview

  • Association fees include exterior building maintenance, trash, insurance
  • Low-Rise Condominium
  • El Marlyn Condos
  • El Marlyn Community

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,529

Year Built

Built in 1988

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Condominium
  • Exclusions: noted in inventory, including items in locked closet and storage shed
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-03-06
  • Federal Flood Zone: Yes
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: AMAZING PRICE REDUCTION! UNBELIEVABLE PANORAMIC OCEAN VIEWS from this updated elevated first floor 2-story end unit in El Marlyn. Conveniently located, this small 3 unit oceanfront building offers that unique condo you've been waiting for...updated and upgraded, but this one is ALL ABOUT THE VIEWS! From the minute you enter into the front door, you see water, beach, surf, waves, sand, sunrises and dunes. There is a full bath, bedroom upon entry and a oceanfront living area with expansive ocean sights from two sides - wall to wall windows and a balcony facing north. You'll love the incredible granite and stainless kitchen with tons of cabinets for storing all your entertaining items, with an oversized breakfast bar. The living space is phenomenal and you won't want to leave the amazing area unless it is to go upstairs to the primary bedroom with more views, own balcony and bathroom. Another bedroom (with own entrance), bathroom and laundry closet complete the 2nd floor. Boasts Coretec flooring, hurricane shutters and so much storage inside (multi closets throughout). Two assigned under building parking spaces convey and under building storage area. Close to restaurants, entertainment, shopping and so much more. New roof just installed and stairwells being sandblasted and re-painted just in time for summer! Don't miss this opportunity to see these spectacular views and this incredible condo and schedule your private tour!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Electric, Refrigerator, Washer, Dryer
  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Primary Bedroom - Ocean Front, Primary Bath(s)
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry, Upper Floor
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 499.29
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Exterior Features: Secure Storage
  • View: Ocean, Water
  • Water Access: Yes
  • Water Body Name: ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 125

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • 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: 7500.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: El Marlyn
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Trash, Insurance
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No

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: 012
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple
  • Year Assessed: 2021
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5424464
  • Tax Annual Amount: 6529.00
  • Assessor Parcel Number: 10-321271
  • Tax Lot: 1B
  • Tax Total Finished Sq Ft: 1400
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/23/2021

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
Mar 6, 2021
Closed on
Sep 23, 2021
Sold by
Glick Lloyd R and Glick Ruth S
Bought by
Morton William and Mcdowell Erin
Seller's Agent
Jeannie Betten
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Kimberly Dixson
Coldwell Banker Realty
List Price
$699,000
Sold Price
$710,000
Premium/Discount to List
$11,000
1.57%
Current Estimated Value
$850,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,845
Avg. Annual Appreciation
5.02%
Original Mortgage
$548,250
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2018
Sold by
Gambrill Dorothy J and Gambrill Raymond J
Bought by
Glick Lloyd R and Glick Ruth S

Purchase Details

Closed on
Jun 30, 2015
Sold by
Downing Steven T and Downing Adrian J
Bought by
Gambrill Raymond J and Gambrill Dorothea J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2000
Sold by
Schulz Oskar and Schulz Rosemarie
Bought by
Downing Steven T

Purchase Details

Closed on
Apr 29, 1999
Sold by
Gilbert Sapperstein
Bought by
Schulz Oskar and Schulz Rosemarie

Purchase Details

Closed on
Nov 25, 1997
Sold by
Homer Willis and Homer Janet M
Bought by
Gilbert Sapperstein
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
Morton William $710,000 Fidelity National Title Ins
Glick Lloyd R $497,500 Sage Title Group Llc
Gambrill Raymond J $465,000 Ocean Investments Title Corp
Downing Steven T $380,000 --
Schulz Oskar $247,000 --
Gilbert Sapperstein $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morton William $548,250
Previous Owner Gambrill Raymond J $348,750
Previous Owner Downing Steven T $417,000
Previous Owner Downing Steven T $669,000
Previous Owner Downing Steven T $650,000
Closed Downing Steven T --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $710,000 +1.6% $507 / Sq Ft
08/27/2021 08/27/21 Price Changed $699,000 0.0% $499 / Sq Ft
08/27/2021 08/27/21 For Sale $699,000 -1.5% $499 / Sq Ft
08/17/2021 08/17/21 Off Market $710,000 -- --
06/14/2021 06/14/21 Price Changed $729,000 -2.8% $521 / Sq Ft
03/26/2021 03/26/21 For Sale $750,000 +5.6% $536 / Sq Ft
03/26/2021 03/26/21 Off Market $710,000 -- --
03/06/2021 03/06/21 For Sale $775,000 -- $554 / 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
2024 $7,554 $541,333 $0 $0
2023 $6,493 $462,000 $323,400 $138,600
2022 $6,493 $462,000 $323,400 $138,600
2021 $6,529 $462,000 $323,400 $138,600
2020 $6,553 $462,000 $323,400 $138,600
2019 $6,553 $462,000 $323,400 $138,600
2018 $6,507 $462,000 $323,400 $138,600
2017 $6,923 $490,000 $0 $0
2016 -- $487,667 $0 $0
2015 $7,190 $485,333 $0 $0
2014 $7,190 $483,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO120618

Bright MLS

APN: 10-321271