NOT LISTED FOR SALE

404 Saint Louis Ave Unit 14 Ocean City, MD 21842

Estimated Value: $177,000 - $223,000

1 Bed
1 Bath
369 Sq Ft
$378/mo HOA Fee

Last Sold February 07, 2024

Last sale price $193,800 $525 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,613/month

31 Days on Market

Highlights

  • Main Floor Bedroom
  • Community Pool
  • Bungalow
  • Ocean City Elementary School Rated A
  • More Than Two Accessible Exits
  • 3-minute walk to 3rd Street Playground

About This Home

As of February 2024

Welcome to 404 Saint Louis Avenue #14! This recently renovated one bedroom, first floor condo provides for friends and family to do it all! Situated in downtown Ocean City, this condo allows for quick access to the beach, boardwalk, amusements, attractions, and restaurants! The condo offers three beds as well as a sleeper sofa. A new roof replacement is going to be addressed the week of 11/13/2023 with costs paid for by the seller. The swimming pool and laundry facility are only steps away. This is a wonderful rental opportunity as well as a second home near the shore!

Last Agent to Sell the Property

Grace Wolbert

Atlantic Shores Sotheby's International Realty License #5004127 Listed on: 11/10/2023

Atlantic Shores Sotheby's International Realty

Last Buyer's Agent

Grace Wolbert

Atlantic Shores Sotheby's International Realty License #5004127 Listed on: 11/10/2023

Atlantic Shores Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $946

Year Built

  • Built in 1940

Lot Details

  • Downtown Location
  • West Facing Home
  • Year Round Access
  • Property is in excellent condition

HOA Fees

  • $378 Monthly HOA Fees

Home Design

  • Bungalow

Interior Spaces

  • 369 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Ceiling Fan
  • Open Floorplan
  • Dining Area

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Shared Driveway
  • On-Street Parking
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Public Septic

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 14
  • Assessor Parcel Number 2410749255

Community Details

Overview

  • Association fees include cable TV
  • Low-Rise Condominium
  • Parrot Bay Community
  • Property Manager

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$946

Year Built

Built in 1940

Lot Details

0

HOA Fees

$378 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Bungalow
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Fully Furnished. Being sold as is.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 369
  • Living Area Sq Ft: 369
  • Price Per Sq Ft: 541.73
  • Above Grade Finished Sq Ft: 369
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 404

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: Combination
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway
  • Type Of Parking: Parking Lot, On Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1132.52
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Cable Tv
  • 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

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: U
  • Lot Features: Year Round Access
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R2
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 946.00
  • Assessor Parcel Number: 2410749255
  • Tax Lot: 14
  • Tax Total Finished Sq Ft: 369
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 02/07/2024

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Feb 7, 2024
Sold by
Ortiz Dariana
Bought by
Clarke Robert Dale
Seller's Agent
Grace Wolbert
Atlantic Shores Sotheby's International Realty
Buyer's Agent
Grace Wolbert
Atlantic Shores Sotheby's International Realty
List Price
$199,900
Sold Price
$193,800
Premium/Discount to List
-$6,100
-3.05%
Views
117
Current Estimated Value
$205,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,475
Avg. Annual Appreciation
3.18%
Original Mortgage
$155,040
Outstanding Balance
$152,602
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$50,527

Purchase Details

Listed on
Feb 12, 2023
Closed on
Mar 29, 2023
Sold by
Ocean Wave 7 Llc
Bought by
Ortiz Dariana
Seller's Agent
Kelly Macomber
Coastal Life Realty Group LLC
Buyer's Agent
Grace Wolbert
Atlantic Shores Sotheby's International Realty
List Price
$159,000
Sold Price
$160,000
Premium/Discount to List
$1,000
0.63%
Views
270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.96%
Original Mortgage
$144,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2020
Closed on
Oct 29, 2020
Sold by
Denhard Scott W and Denhard Mark E
Bought by
Ocwan Wave 7 Llc
Seller's Agent
Joseph Wilson
Coastal Life Realty Group LLC
Buyer's Agent
Kelly Macomber
Coastal Life Realty Group LLC
List Price
$120,000
Sold Price
$113,000
Premium/Discount to List
-$7,000
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.52%

Purchase Details

Closed on
Apr 26, 2013
Sold by
J&V Co Of Oc Llc
Bought by
Denhard Scott W and Denhard Mark E
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Clarke Robert Dale $193,800 Ocean Investments Title
Ortiz Dariana $160,000 Fidelity National Title
Ocwan Wave 7 Llc $113,000 None Available
Denhard Scott W $72,500 Real Estate Title & Escrow L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke Robert Dale $155,040
Previous Owner Ortiz Dariana $144,000
Previous Owner J & V Co Of Oc Llc $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Sold $193,800 -3.1% $525 / Sq Ft
01/29/2024 01/29/24 Price Changed $199,900 0.0% $542 / Sq Ft
01/29/2024 01/29/24 For Sale $199,900 0.0% $542 / Sq Ft
11/10/2023 11/10/23 For Sale $199,900 +24.9% $542 / Sq Ft
03/29/2023 03/29/23 Sold $160,000 +0.6% $434 / Sq Ft
02/12/2023 02/12/23 For Sale $159,000 +40.7% $431 / Sq Ft
10/29/2020 10/29/20 Sold $113,000 -5.8% $306 / Sq Ft
08/05/2020 08/05/20 For Sale $120,000 -- $325 / 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 $1,336 $124,433 $0 $0
2024 $1,336 $95,767 $0 $0
2023 $943 $67,100 $33,500 $33,600
2022 $943 $67,100 $33,500 $33,600
2021 $948 $67,100 $33,500 $33,600
2020 $948 $67,100 $33,500 $33,600
2019 $952 $67,100 $33,500 $33,600
2018 $947 $67,100 $33,500 $33,600
2017 $953 $67,100 $0 $0
2016 -- $67,100 $0 $0
2015 -- $67,100 $0 $0
2014 $1,722 $76,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2017352

Bright MLS

APN: 10-749255