NOT LISTED FOR SALE

305 11th St Unit 301 Ocean City, MD 21842

Estimated Value: $611,000 - $644,000

3 Beds
2 Baths
1,680 Sq Ft
$700/mo HOA Fee

Last Sold April 19, 2024

Last sale price $574,900 $342 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,634/month

44 Days on Market

Highlights

  • Water Oriented
  • Bay View
  • Furnished
  • Ocean City Elementary School Rated A
  • 1 Fireplace
  • Community Pool

About This Home

As of April 2024

Rare opportunity to buy at Bahia Vista II Building on 11th st.
Absolutely Stunning 3-Bedroom Condo with Bay Views and Ocean views, Pool Access, and Perfect Downtown Location near Ocean City's Famous Beach and Boardwalk!
Welcome to your dream coastal retreat! This immaculate 3-bedroom, 2-bathroom condo, brand new flooring offers luxury and convenience in the heart of Ocean City. Located in a highly sought-after downtown area with Bay views to watch the sunset and the boats coming and going from the Ocean City inlet. With three generously sized bedrooms, there's plenty of space for family and friends. The primary bedroom features 2 walk-in closets, a larger bathroom with tub and shower and access to the outside balcony. The open-concept living area is perfect for entertaining and offers seamless indoor-outdoor flow with a wrap around balcony. Plenty of closets throughout the unit for extra storage and a separate room for washer and dryer. An outdoor storage room can also be found on the same level as the unit for all beach items, bikes etc... Walk or bike to the beach and famous Ocean City Boardwalk in just minutes. Enjoy the sand, surf, and all the entertainment, dining, and shopping options nearby. Whether you're seeking a permanent residence, a vacation getaway, or an investment opportunity, this property checks all the boxes. Contact us today to schedule your private showing.

Last Agent to Sell the Property

Anne-Marie Bouse

RE/MAX Advantage Realty License #679786 Listed on: 02/01/2024

RE/MAX Advantage Realty

Co-Listed By

Rob Bouse

RE/MAX Advantage Realty License #679785

Last Buyer's Agent

Jay Doaty

Coastal Resort Sales and Rent License #663605

Coastal Resort Sales and Rent

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,091

Year Built

  • Built in 2006

Lot Details

  • 784

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • Parking Lot

Interior Spaces

  • 1,680 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • 1 Fireplace
  • Bay Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Oriented
  • Property near a bay

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 301
  • Assessor Parcel Number 2410746647

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, lawn maintenance, management, pool(s)
  • Mid-Rise Condominium
  • Oc Real Estate Management Condos
  • Bahia Vista Ii Community
  • Downtown Oc Subdivision
  • Property Manager

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,091

Year Built

Built in 2006

Lot Details

0

HOA Fees

$700 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: Condominium
  • Exclusions: Please see list in the documents attached to the listing.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-02
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Rare opportunity to buy at Bahia Vista II Building on 11th st. Absolutely Stunning 3-Bedroom Condo with Bay Views and Ocean views, Pool Access, and Perfect Downtown Location near Ocean City's Famous Beach and Boardwalk! Welcome to your dream coastal retreat! This immaculate 3-bedroom, 2-bathroom condo, brand new flooring offers luxury and convenience in the heart of Ocean City. Located in a highly sought-after downtown area with Bay views to watch the sunset and the boats coming and going from the Ocean City inlet. With three generously sized bedrooms, there's plenty of space for family and friends. The primary bedroom features 2 walk-in closets, a larger bathroom with tub and shower and access to the outside balcony. The open-concept living area is perfect for entertaining and offers seamless indoor-outdoor flow with a wrap around balcony. Plenty of closets throughout the unit for extra storage and a separate room for washer and dryer. An outdoor storage room can also be found on the same level as the unit for all beach items, bikes etc... Walk or bike to the beach and famous Ocean City Boardwalk in just minutes. Enjoy the sand, surf, and all the entertainment, dining, and shopping options nearby. Whether you're seeking a permanent residence, a vacation getaway, or an investment opportunity, this property checks all the boxes. Contact us today to schedule your private showing.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 342.20
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • View: Bay
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 2100.51
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: OC Real Estate Management
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s)
  • HOA: No
  • Senior Community: 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: 2023
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 5091.00
  • Assessor Parcel Number: 2410746647
  • Tax Lot: 301
  • Tax Total Finished Sq Ft: 1680
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/19/2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Apr 19, 2024
Sold by
Tibbetts Richard W and Tibbetts Lisa Anne
Bought by
Kelly Bruce D and Kelly Aileen E
Seller's Agent
Anne-Marie Bouse
RE/MAX Advantage Realty
Buyer's Agent
Jay Doaty
Coastal Resort Sales and Rent
List Price
$584,900
Sold Price
$574,900
Premium/Discount to List
-$10,000
-1.71%
Views
185
Current Estimated Value
$621,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,129
Avg. Annual Appreciation
5.44%
Original Mortgage
$488,665
Outstanding Balance
$483,895
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$127,779

Purchase Details

Listed on
May 21, 2021
Closed on
Aug 20, 2021
Sold by
Mcknight William and Mcknight Renee
Bought by
Tibbetts Richard W and Tibbetts Lisa Anne
Seller's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
Buyer's Agent
Erika McLaughlin Stockson
Coldwell Banker Realty
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$382,500
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2008
Sold by
Mcknight William L
Bought by
Mcknight William L and Coleman Renee

Purchase Details

Closed on
Oct 22, 2008
Sold by
Mcknight William L
Bought by
Mcknight William L and Coleman Renee

Purchase Details

Closed on
Jun 13, 2007
Sold by
Buas Bayside Hotel Inc
Bought by
Mcknight William L and Mcknight Renee Coleman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2007
Sold by
Buas Bayside Hotel Inc
Bought by
Mcknight William L and Mcknight Renee Coleman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Kelly Bruce D $574,900 Capitol Title
Tibbetts Richard W $450,000 Sanctuary Title
Mcknight William L -- --
Mcknight William L -- --
Mcknight William L $499,000 --
Mcknight William L $499,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Bruce D $488,665
Previous Owner Tibbetts Richard W $382,500
Previous Owner Mcknight William L $200,000
Previous Owner Mcknight William L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $574,900 0.0% $342 / Sq Ft
03/18/2024 03/18/24 Price Changed $574,900 +0.9% $342 / Sq Ft
02/16/2024 02/16/24 Price Changed $569,900 -2.6% $339 / Sq Ft
02/01/2024 02/01/24 For Sale $584,900 +30.0% $348 / Sq Ft
08/20/2021 08/20/21 Sold $450,000 +3.4% $268 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $435,000 -- $259 / 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 $5,704 $408,800 $0 $0
2023 $5,076 $361,200 $180,600 $180,600
2022 $5,076 $361,200 $180,600 $180,600
2021 $5,104 $361,200 $180,600 $180,600
2020 $5,099 $361,200 $180,600 $180,600
2019 $5,114 $359,500 $0 $0
2018 $5,039 $357,800 $0 $0
2017 $4,921 $356,100 $0 $0
2016 -- $346,600 $0 $0
2015 $4,879 $337,100 $0 $0
2014 $4,879 $327,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2018700

Bright MLS

APN: 10-746647