NOT LISTED FOR SALE

The Polynesian 301 Atlantic Ave Unit 201 Ocean City, MD 21842

Estimated Value: $349,000 - $372,000

1 Bed
1 Bath
528 Sq Ft
$288/mo HOA Fee

Last Sold July 22, 2022

Last sale price $329,000 $623 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,557/month

1 Day on Market

Highlights

  • Ocean Front
  • Furnished
  • Forced Air Heating and Cooling System
  • Ocean City Elementary School Rated A
  • Ceramic Tile Flooring
  • 2-minute walk to 3rd Street Playground

About This Home

As of July 2022

Rarely Available Sunny South End Unit in The Polynesian located on the Direct Ocean Front and the Boardwalk. Beautifully maintained and well appointed 1 bedroom 1 bath unit is offered Turn Key. Off street Parking Lot and Elevator make this easy access to the best views and wide beaches on the Boards Ocean City has to offer. This will not last long !

Last Agent to Sell the Property

Michael Rutledge

Berkshire Hathaway HomeServices Homesale Realty License #580312 Listed on: 07/01/2022

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Steven Diaz

Atlantic Shores Sotheby's International Realty

Atlantic Shores Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,835

Year Built

  • Built in 1972

Lot Details

  • 131

HOA Fees

  • $288 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Piling Construction
  • Masonry

Interior Spaces

  • 528 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Ocean Views
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Off-Street Parking

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Ocean Front

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 2410031257

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds, trash
  • 1 Elevator
  • Mid-Rise Condominium
  • Polynesian Condos
  • Polynesian Community
  • Property Manager

Amenities

  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,835

Year Built

Built in 1972

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Fish Lamp in Living Room
  • Historic: No
  • Inclusions: Turn Key
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1972
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Rarely Available Sunny South End Unit in The Polynesian located on the Direct Ocean Front and the Boardwalk. Beautifully maintained and well appointed 1 bedroom 1 bath unit is offered Turn Key. Off street Parking Lot and Elevator make this easy access to the best views and wide beaches on the Boards Ocean City has to offer. This will not last long !
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Combination Dining/Living
  • Fireplace: No
  • Elevators Count: 1
  • Foundation Details: Pilings, Slab
  • Floors In Unit Count: 5
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 528
  • Living Area Sq Ft: 528
  • Price Per Sq Ft: 623.11
  • Above Grade Finished Sq Ft: 528
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 301

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, Masonry
  • Roof: Built-Up
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of 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
  • Utilities: Cable Tv Available, Electric Available, Water Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 865.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Polynesian
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 2835.00
  • Assessor Parcel Number: 2410031257
  • Tax Lot: 201
  • Tax Total Finished Sq Ft: 528
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/22/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 22, 2022
Sold by
Lam Beach Property Llc
Bought by
Li Kuang Hui
Seller's Agent
Michael Rutledge
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Steven Diaz
Atlantic Shores Sotheby's International Realty
List Price
$329,000
Sold Price
$329,000
Current Estimated Value
$365,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,262
Avg. Annual Appreciation
3.26%

Purchase Details

Closed on
Aug 23, 2018
Sold by
Koch August H and Hershner Veronica L
Bought by
Lam Beach Property Llc

Purchase Details

Closed on
Jul 19, 2018
Sold by
Mcwilliams Mary C and Estate Of August H Koch Jr
Bought by
Koch August H and Hershner Veronica L

Purchase Details

Closed on
Mar 26, 2007
Sold by
Koch August H
Bought by
Koch August H

Purchase Details

Closed on
Mar 12, 2007
Sold by
Koch August H
Bought by
Koch August H

Purchase Details

Closed on
Nov 24, 1998
Sold by
Koch August H and Koch Louise A
Bought by
Koch August H Jr
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Li Kuang Hui $329,000 First American Title
Lam Beach Property Llc -- None Available
Koch August H -- None Available
Koch August H $2,880 --
Koch August H $2,880 --
Koch August H Jr -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $329,000 0.0% $623 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $329,000 -- $623 / 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
2025 $3,231 $262,533 $0 $0
2024 $3,231 $231,567 $0 $0
2023 $2,819 $200,600 $140,400 $60,200
2022 $2,819 $200,600 $140,400 $60,200
2021 $2,835 $200,600 $140,400 $60,200
2020 $2,845 $200,600 $140,400 $60,200
2019 $2,854 $200,600 $140,400 $60,200
2018 $2,825 $200,600 $140,400 $60,200
2017 $2,855 $201,100 $0 $0
2016 -- $201,100 $0 $0
2015 $3,453 $201,100 $0 $0
2014 $3,453 $229,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2008922

Bright MLS

APN: 10-031257