NOT LISTED FOR SALE

Sunset Island 37 Fountain Dr W Unit 5C Ocean City, MD 21842

3 Beds
2 Baths
1,403 Sq Ft
$645/mo HOA Fee

Last Sold December 10, 2020

Last sale price $400,000 $285 Per Sq Ft

Highlights

  • Boat Dock
  • Beach
  • Fitness Center
  • Ocean City Elementary School Rated A
  • Bar or Lounge
  • Gated Community

About This Home

As of December 2020

Very nice fully furnished 3 bedroom/2 bath condo located in the beautiful development of Sunset Island Community. Currently in a rental program with a gross income of $28,000.00 to $34,000.00. The condo includes master bedroom with soaking tub, double sinks and stand up shower. Large open floor plan with dining area and lovely kitchen with stainless steel appliances. This unit offers views of the canal and bay side from the balcony. Small beach area at the end of the street. Amenities include outside pool and indoor pool, year around clubhouse, fitness center, interactive water fountains, walking paths, private beaches, fishing and crabbing pier, boat slips, island marketplace, and Island Times Cafe and Grill. Located in mid-town Ocean City and only three blocks walk to the beach.

Last Agent to Sell the Property

Joan Buchanan

(443) 783-7415 joanb@holidayoc.com Holiday Real Estate Listed on: 10/15/2020

Last Buyer's Agent

Carol Proctor

(443) 567-0650 carol@carolproctor.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,915

Year Built

  • Built in 2006

HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor
  • Asbestos Shingle Roof
  • Stucco

Interior Spaces

  • 1,403 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Additional Features

  • Halls are 36 inches wide or more
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot BG5C
  • Assessor Parcel Number 10-751624

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, health club, insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pier/dock maintenance, pool(s), recreation facility, reserve funds, road maintenance, security gate, sewer, snow removal, trash, water
  • 1 Elevator
  • Mid-Rise Condominium
  • Sunset Island Community
  • Sunset Island Subdivision
  • Property Manager

Amenities

  • Answering Service
  • Common Area
  • Community Center
  • Bar or Lounge
  • Convenience Store

Recreation

  • Beach

Pet Policy

  • Dogs Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,915

Year Built

Built in 2006

Lot Details

0

HOA Fees

$645 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: Unit sold furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Very nice fully furnished 3 bedroom/2 bath condo located in the beautiful development of Sunset Island Community. Currently in a rental program with a gross income of $28,000.00 to $34,000.00. The condo includes master bedroom with soaking tub, double sinks and stand up shower. Large open floor plan with dining area and lovely kitchen with stainless steel appliances. This unit offers views of the canal and bay side from the balcony. Small beach area at the end of the street. Amenities include outside pool and indoor pool, year around clubhouse, fitness center, interactive water fountains, walking paths, private beaches, fishing and crabbing pier, boat slips, island marketplace, and Island Times Cafe and Grill. Located in mid-town Ocean City and only three blocks walk to the beach.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 5
  • Fireplace: No
  • Elevators Count: 1
  • Floors In Unit Count: 5
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1403
  • Living Area Sq Ft: 1403
  • Price Per Sq Ft: 292.23
  • Above Grade Finished Sq Ft: 1403
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37

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: Block, Stucco
  • Roof: Asbestos Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 3120.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4616.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Answering Service, Bar/Lounge, Beach, Boat Dock/Slip, Common Grounds, Community Center, Convenience Store, Fitness Center, Gated Community, Pool - Indoor, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA: Yes
  • 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
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5435916
  • Tax Annual Amount: 4915.00
  • Assessor Parcel Number: 10-751624
  • Tax Lot: BG5C
  • Tax Total Finished Sq Ft: 1403
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/10/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2020 12/10/20 Sold $400,000 -2.4% $285 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $410,000 -- $292 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO117616

Bright MLS