NOT LISTED FOR SALE

Estimated Value: $205,000 - $224,000

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

Last Sold May 02, 2023

Last sale price $180,000 $363 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,478/month

3 Days on Market

Highlights

  • Water Oriented
  • Bayside
  • Furnished
  • Ocean City Elementary School Rated A
  • Canal View
  • 1-minute walk to Robin Park

About This Home

As of May 2023

You couldn't ask for a better Condo! If you are looking for a beautiful ready to enjoy home look no further. This cozy efficiency is 496 square feet of useable space with all of the features that you need. Fully furnished this condo easily sleeps a family of 5 with the cutest Murphy Bed. Hang out on the deck with views of bay and enjoy those beautiful sunsets. The refrigerator will be brand new and the condo comes with a one year Home Warranty. Great location - just blocks from the boardwalk and right next door to Jolly Rogers Amusement Park as well as numerous dining choices. The building has a new roof installed in 2022 and the walkways, screen doors, balcony railings and stair towers were renovated in 2016. This condo has only had 4 owners and has never been in a rental program so it is in pristine condition. This cutie will not last long - schedule a showing today! Elevator and parking included.

Last Agent to Sell the Property

Cheryl Potenza

(443) 856-2211 cheryl.potenza@cbmove.com Coldwell Banker Realty License #669125 Listed on: 03/22/2023

Coldwell Banker Realty

Last Buyer's Agent

Cory Campbell

(302) 360-0300 walt.t@kw.com Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,325

Year Built

  • Built in 1986

Lot Details

  • 218

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Free Parking
  • On-Street Parking

Home Design

  • Entry on the 1st floor
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1 Full Bathroom
  • 496 Sq Ft Home
  • Property has 3 Levels
  • Furnished

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Oriented
  • Property is near a canal

Location

  • Flood Risk
  • Bayside

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 119
  • Assessor Parcel Number 2410305640

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, reserve funds, insurance
  • 1 Elevator
  • Low-Rise Condominium
  • Key West Villas Condominium Condos
  • Key West Villas Community
  • Property Manager

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,325

Year Built

Built in 1986

Lot Details

218 Sq Ft Lot

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: TV and some personal items - all listed on the Exclusions Paperwork.
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Elevators Count: 1
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Hookup, Washer In Unit
  • Total Sq Ft: 496
  • Living Area Sq Ft: 496
  • Price Per Sq Ft: 362.90
  • 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: Vinyl Siding, Stick Built
  • Spa: No
  • View: Canal
  • Water Access: No
  • Water Body Type: Canal
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Free
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Parking Garage
  • Parking Garage Number Of Spaces: 1

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: 600.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Key West Villas Condominium
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds, Insurance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

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: STEPHEN DECATUR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: C-1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1325.00
  • Assessor Parcel Number: 2410305640
  • Tax Lot: 119
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
May 1, 2023
Sold by
Rodriguez Audrey and Rodriguez Francisco
Bought by
Campbell Cohn Donovan
Seller's Agent
Cheryl Potenza
Coldwell Banker Realty
Buyer's Agent
Cory Campbell
Keller Williams Realty
List Price
$180,000
Sold Price
$180,000
Views
45
Current Estimated Value
$213,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,088
Avg. Annual Appreciation
6.03%
Original Mortgage
$174,600
Outstanding Balance
$169,112
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$43,976

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 12, 2020
Sold by
Morrow Robert E and Morrow Lisa A
Bought by
Rodriguez Francisco and Rodriguez Audrey R
Seller's Agent
Steve Mastbrook
Long & Foster Real Estate, Inc.
Buyer's Agent
Cheryl Potenza
Coldwell Banker Realty
List Price
$106,900
Sold Price
$103,693
Premium/Discount to List
-$3,207
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.20%
Original Mortgage
$93,323
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2013
Sold by
Spilka Barbara A
Bought by
Humphries Wayne F and Humphries Rosemary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2005
Sold by
Stucki Benjamin G
Bought by
Spilka Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2004
Sold by
Stucki Benjamin G
Bought by
Spilka Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2004
Sold by
Resort Properties Llc
Bought by
Stucki Benjamin G and Stucki Linda D

Purchase Details

Closed on
Mar 19, 2004
Sold by
Resort Properties Llc
Bought by
Stucki Benjamin G and Stucki Linda D

Purchase Details

Closed on
Jan 21, 2003
Sold by
Haynes Hillard and Haynes Betth J
Bought by
Resort Properties Llc

Purchase Details

Closed on
May 19, 1997
Sold by
Eads David W
Bought by
Hillard Haynes and Hillard Betth J

Purchase Details

Closed on
Mar 28, 1996
Sold by
Franklin Beam
Bought by
Eads David W
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
Campbell Cohn Donovan $180,000 Fidelity National Title
Campbell Cohn Donovan $180,000 Fidelity National Title
Rodriguez Francisco $103,693 Mid Atlantic Setmnt Svcs Llc
Humphries Wayne F $98,000 None Available
Spilka Barbara A $141,000 --
Spilka Barbara A $141,000 --
Stucki Benjamin G $118,250 --
Stucki Benjamin G $118,250 --
Resort Properties Llc $92,500 --
Hillard Haynes $37,000 --
Eads David W $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Cohn Donovan $174,600
Closed Campbell Cohn Donovan $174,600
Previous Owner Rodriguez Francisco $93,323
Previous Owner Humphries Wayne F $88,200
Previous Owner Spilka Barbara A $100,000
Previous Owner Spilka Barbara A $100,000
Closed Hillard Haynes --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2023 05/02/23 Sold $180,000 0.0% $363 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $180,000 +73.6% $363 / Sq Ft
03/12/2020 03/12/20 Sold $103,693 -3.0% $209 / Sq Ft View Prior Sale
02/11/2020 02/11/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $106,900 -- $216 / 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 $2,025 $148,267 $0 $0
2024 $1,750 $125,433 $0 $0
2023 $1,442 $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 $1,203 $91,200 $0 $0
2016 -- $84,767 $0 $0
2015 $1,315 $78,333 $0 $0
2014 $1,315 $71,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2012786

Bright MLS

APN: 10-305640

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