NOT LISTED FOR SALE

322 Sunset Dr Unit 2 Ocean City, MD 21842

Estimated Value: $285,000 - $329,000

2 Beds
1.5 Baths
904 Sq Ft
$250/mo HOA Fee

Last Sold October 18, 2018

Last sale price $139,500 $154 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,051/month

64 Days on Market

Highlights

  • Main Floor Bedroom
  • More Than Two Accessible Exits
  • Asbestos
  • Ocean City Elementary School Rated A
  • Baseboard Heating
  • 4-minute walk to Robin Park

About This Home

As of October 2018

This 2BR/1.5BA 1st floor condo has completely been redone less than 2 years ago! Comes with beautiful granite counter-tops breakfast bar, Kitchen cabinets, floors, stainless steel kitchen appliances, stackable washer and dryer, AC wall units(3), bathroom vanities, and light fixtures, interior doors and trim... atrium entry door all less than 2 years old !!! This building consists of just 6 units and offers assigned off-street parking. This is a desirable southwest exposure condo and is within a short stroll to the beach, boardwalk and many fine restaurants at this great location.

Last Agent to Sell the Property

William Bjorkland

Coldwell Banker Realty License #RS-0023035 Listed on: 04/26/2018

Coldwell Banker Realty

Last Buyer's Agent

Rhonda Frick

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • Southwest Facing Home
  • Cleared Lot

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Built-Up Roof
  • Asbestos
  • Stick Built Home

Interior Spaces

  • 904 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 110 Volts

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Community Details

  • Association fees include common area maintenance
  • Low-Rise Condominium
  • Sunset Six Community

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 047404

Property Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Exclusions: Bedroom Furniture, and 2 T.V's
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Interior Amenities: Entry Level Bedroom, Entry Level Bedroom
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 904
  • Living Area Sq Ft: 904
  • Price Per Sq Ft: 165.82
  • Above Grade Finished Sq Ft: 904
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 322

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Asbestos, Stick Built
  • Roof: Built-Up
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 110 Volts
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3000.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Zoning: X
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 99400.00
  • Assessor Parcel Number: 047404
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 10/18/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Oct 18, 2018
Sold by
Burgess Julie Ann
Bought by
Wheeling Joan M
Seller's Agent
William Bjorkland
Coldwell Banker Realty
Buyer's Agent
Rhonda Frick
Long & Foster Real Estate, Inc.
List Price
$154,000
Sold Price
$139,500
Premium/Discount to List
-$14,500
-9.42%
Current Estimated Value
$302,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,510
Avg. Annual Appreciation
11.90%
Original Mortgage
$5,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2016
Sold by
Seibold Thomas J
Bought by
Burgess Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,900
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2015
Sold by
Nader Michael P
Bought by
Seibold Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2003
Sold by
Rockelli Stanley and Rockelli Deborah
Bought by
Nader Michael P

Purchase Details

Closed on
Mar 13, 1996
Sold by
Cokinos George A
Bought by
Deborah Stanley and Deborah Rockelli
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
Wheeling Joan M $139,500 None Available
Burgess Julie Ann $141,000 Title Resources Guaranty Co
Seibold Thomas J $59,000 Sageguard Title Ins Agency I
Nader Michael P $121,000 --
Deborah Stanley $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeling Joan M $100,000
Closed Wheeling Joan M $5,000
Closed Wheeling Joan M $132,525
Previous Owner Burgess Julie Ann $126,900
Previous Owner Seibold Thomas J $65,000
Previous Owner Nader Michael P $20,000
Previous Owner Nader Michael P $10,000
Previous Owner Nader Michael P $128,250
Previous Owner Nader Michael P $25,000
Closed Deborah Stanley --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2018 10/18/18 Sold $139,500 -6.9% $154 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
06/22/2018 06/22/18 Price Changed $149,900 -2.7% $166 / Sq Ft
04/26/2018 04/26/18 For Sale $154,000 -- $170 / 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 $1,864 $195,233 $0 $0
2024 $1,864 $164,467 $0 $0
2023 $1,833 $133,700 $66,800 $66,900
2022 $1,826 $133,700 $66,800 $66,900
2021 $1,803 $133,700 $66,800 $66,900
2020 $1,771 $133,700 $66,800 $66,900
2019 $1,739 $122,267 $0 $0
2018 $1,561 $110,833 $0 $0
2017 $1,411 $99,400 $0 $0
2016 -- $99,400 $0 $0
2015 $979 $99,400 $0 $0
2014 $979 $99,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001562492

Bright MLS

APN: 10-047404