NOT LISTED FOR SALE

Estimated Value: $195,000 - $220,000

Studio
1 Bath
496 Sq Ft
$200/ mo HOA Fee

Last Sold May 10, 2024

Last sale price $177,000 $357 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,304/month

12 Days on Market

Highlights

  • Wood Flooring
  • Elevator
  • Window Unit Cooling System
  • Ocean City Elementary School Rated A
  • Balcony
  • 1-minute walk to Robin Park

About This Home

As of May 2024

Come check out this charming efficiency in Key West Villas! This unit provides a prime location close to the famous Ocean City boardwalk, allowing for easy access to downtown Ocean City. The unit is also in close proximity to Jolly Roger amusement park, a variety of restaurants and mini-golf courses. Enjoy abundant sunshine on this unit's south facing balcony. This residence features an upgraded sliding glass door and front loading washer/dryer. Perfect for your personal condo at the beach and/or an investment property.

Last Agent to Sell the Property

Matthew Swiderski

(443) 552-7579 joe@coastallifeoc.com Coastal Life Realty Group LLC Listed on: 04/04/2024

Last Buyer's Agent

Darlene Wise

(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors

Cummings & Co. Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1986

Lot Details

  • 218

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Asphalt Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • 1 Full Bathroom
  • 496 Sq Ft Home
  • Property has 1 Level
  • Flood Lights
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Laminate

Laundry

  • Electric Dryer
  • Washer

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 2410305594

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, snow removal, trash
  • Low-Rise Condominium
  • Key West Villas Community

Amenities

  • Elevator

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,446

Year Built

Built in 1986

Lot Details

218 Sq Ft Lot

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Inclusions: fully furnished as shown
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-04-04
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Laminated
  • Interior Amenities: Carpet
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 496
  • Living Area Sq Ft: 496
  • Price Per Sq Ft: 372.98
  • Above Grade Finished Sq Ft: 496
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Stick Built
  • Exterior Features: Exterior Lighting, Flood Lights, Sidewalks
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 600.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Zoning: C-1
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1446.00
  • Assessor Parcel Number: 2410305594
  • Tax Lot: 114
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 7, 2024
Sold by
Spangler Gordon R
Bought by
Scott Richard Kevin
Seller's Agent
Matthew Swiderski
Coastal Life Realty Group LLC
Buyer's Agent
Darlene Wise
Cummings & Co. Realtors
List Price
$185,000
Sold Price
$177,000
Premium/Discount to List
-$8,000
-4.32%
Views
106
Current Estimated Value
$207,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,713
Avg. Annual Appreciation
8.98%
Original Mortgage
$105,000
Outstanding Balance
$103,511
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$104,202

Purchase Details

Closed on
Jun 25, 2008
Sold by
Spangler Gordon R and Spangler Mary C
Bought by
Spangler Gordon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2007
Sold by
Spangler Gordon R and Spangler Mary C
Bought by
Spangler Gordon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2001
Sold by
Gandee Margaret I
Bought by
Spangler Gordon R and Spangler Mary C

Purchase Details

Closed on
Feb 10, 1999
Sold by
Secretary Of Housing & Urban
Bought by
Gandee Margaret I

Purchase Details

Closed on
Sep 24, 1998
Sold by
Robertson Karen A and Robertson Donald L
Bought by
Secretary Of Housing & Urban and Development The
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
Scott Richard Kevin $177,000 None Listed On Document
Spangler Gordon R -- --
Spangler Gordon R -- --
Spangler Gordon R $47,500 --
Gandee Margaret I $34,600 --
Secretary Of Housing & Urban $42,802 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Richard Kevin $105,000
Previous Owner Spangler Gordon R $105,000
Previous Owner Spangler Gordon R $105,000
Closed Gandee Margaret I --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $177,000 -4.3% $357 / Sq Ft
04/04/2024 04/04/24 For Sale $185,000 -- $373 / 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 $274 $148,267 $0 $0
2024 $1,750 $125,433 $0 $0
2023 $1,446 $102,600 $51,300 $51,300
2022 $1,321 $94,000 $0 $0
2021 $1,207 $85,400 $0 $0
2020 $1,085 $76,800 $38,400 $38,400
2019 $1,093 $76,800 $38,400 $38,400
2018 $1,082 $76,800 $38,400 $38,400
2017 $1,288 $91,200 $0 $0
2016 -- $85,600 $0 $0
2015 $1,303 $80,000 $0 $0
2014 $1,303 $74,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2019990

Bright MLS

APN: 10-305594

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