NOT LISTED FOR SALE

Sea Gate 3001 Atlantic Ave Unit 410 Ocean City, MD 21842

Estimated Value: $382,000 - $430,175

1 Bed
1 Bath
874 Sq Ft
$389/mo HOA Fee

Last Sold November 19, 2021

Last sale price $380,000 $435 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,960/month

40 Days on Market

Highlights

  • 180 Feet of Waterfront
  • Furnished
  • Forced Air Heating and Cooling System
  • Ocean City Elementary School Rated A
  • Community Pool

About This Home

As of November 2021

SPECTACULAR OCEANFRONT CONDOMINIUM LOCATED JUST BLOCKS FROM THE BOARDWALK. GREAT RENTAL HISTORY WITH ON-SITE RENTAL OFFICE. BUILDING FEATURES A BEACHFRONT POOL, OWNER BIKE ROOM, OWNER STORAGE LOCKER. UNIT IS EQUIPPED WITH STORM SHUTTER.
MOST FURNITURE REPLACED THIS YEAR, NEW DISHWASHER, WASHER/DRYER 2 YEARS OLD, HEAT AND AC REPLACED 3 YEARS AGO, AND NEW WINDOW TREATMENTS.
THIS UNIT HAS BEEN LOVINGLY MAINTAINED AND IS A VERY POPULAR RENTAL UNIT.
MUST HONOR 2021 RENTALS.
.

Last Agent to Sell the Property

Camie Disharoon

Sea Gate Sales & Rentals Listed on: 07/22/2021

Last Buyer's Agent

Katie Quinn

Berkshire Hathaway HomeServices PenFed Realty-WOC License #656189

Berkshire Hathaway HomeServices PenFed Realty-WOC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,383

Year Built

  • Built in 1973

Lot Details

  • 180 Feet of Waterfront
  • Home fronts navigable water

HOA Fees

  • $389 Monthly HOA Fees

Parking

  • 1 Off-Street Space

Interior Spaces

  • 874 Sq Ft Home
  • Property has 1 Level
  • Furnished

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Water Access
  • Property is near an ocean

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 410
  • Assessor Parcel Number 10-050448

Community Details

Overview

  • 2 Elevators
  • Sea Gate Condominium Association
  • Mid-Rise Condominium
  • Sea Gate Community
  • Property Manager

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,383

Year Built

Built in 1973

Lot Details

0

HOA Fees

$389 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: SPECTACULAR OCEANFRONT CONDOMINIUM LOCATED JUST BLOCKS FROM THE BOARDWALK. GREAT RENTAL HISTORY WITH ON-SITE RENTAL OFFICE. BUILDING FEATURES A BEACHFRONT POOL, OWNER BIKE ROOM, OWNER STORAGE LOCKER. UNIT IS EQUIPPED WITH STORM SHUTTER. MOST FURNITURE REPLACED THIS YEAR, NEW DISHWASHER, WASHER/DRYER 2 YEARS OLD, HEAT AND AC REPLACED 3 YEARS AGO, AND NEW WINDOW TREATMENTS. THIS UNIT HAS BEEN LOVINGLY MAINTAINED AND IS A VERY POPULAR RENTAL UNIT. MUST HONOR 2021 RENTALS. .
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Fireplace: No
  • Elevators Count: 2
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 874
  • Living Area Sq Ft: 874
  • Price Per Sq Ft: 434.67
  • Above Grade Finished Sq Ft: 874
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3001

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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: Concrete
  • Spa: No
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No
  • Water Frontage In Feet: 180

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 389.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: SEA GATE CONDOMINIUM ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: 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

  • Horses: No
  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2021
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5401311
  • Tax Annual Amount: 3383.00
  • Assessor Parcel Number: 10-050448
  • Tax Lot: 410
  • Tax Total Finished Sq Ft: 874
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/19/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Nov 11, 2021
Sold by
Dziatczak Michael P and Nash Dziatczak Diane
Bought by
Vlahos Randall V
Seller's Agent
Camie Disharoon
Sea Gate Sales & Rentals
Buyer's Agent
Katie Quinn
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$379,900
Sold Price
$380,000
Premium/Discount to List
$100
0.03%
Total Days on Market
40
Current Estimated Value
$401,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,794
Avg. Annual Appreciation
0.20%
Original Mortgage
$285,000
Outstanding Balance
$264,364
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$118,349

Purchase Details

Closed on
Dec 10, 2019
Sold by
Dziatczak Michael P
Bought by
Dziatczak Michael P and Nash Dziatczak Diane L

Purchase Details

Closed on
Apr 20, 2007
Sold by
Kight Michael D and Kight Deborah R.
Bought by
Dziatczak Michael and Dziatczak Diane Nas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 1998
Sold by
Flannery John W and Flannery Samuel John
Bought by
Kight Michael D and Kight Deborah R
Source: Public Records

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Range of Values:

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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
Vlahos Randall V $380,000 Capitol Title Group
Dziatczak Michael P -- None Available
Dziatczak Michael P -- None Available
Dziatczak Michael $372,000 --
Dziatczak Michael $372,000 --
Kight Michael D $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vlahos Randall V $285,000
Previous Owner Dziatczak Michael P $110,000
Previous Owner Dziatczak Michael $112,600
Previous Owner Dziatczak Michael $115,000
Closed Kight Michael D --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $380,000 0.0% $435 / Sq Ft
09/21/2021 09/21/21 For Sale $379,900 0.0% $435 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $379,900 -- $435 / 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 $3,865 $276,967 $0 $0
2023 $3,450 $245,500 $171,800 $73,700
2022 $3,364 $239,400 $0 $0
2021 $3,297 $233,300 $0 $0
2020 $3,214 $227,200 $159,000 $68,200
2019 $3,224 $226,600 $0 $0
2018 $3,183 $226,000 $0 $0
2017 $3,200 $225,400 $0 $0
2016 -- $225,400 $0 $0
2015 $3,608 $225,400 $0 $0
2014 $3,608 $225,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2000940

Bright MLS

APN: 10-050448