NOT LISTED FOR SALE

Makai Condominiums 4201 Coastal Hwy Unit 608 Ocean City, MD 21842

Estimated Value: $389,912 - $482,000

2 Beds
2 Baths
820 Sq Ft
$413/mo HOA Fee

Last Sold March 22, 2024

Last sale price $385,000 $470 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,944/month

161 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Community Indoor Pool
  • Ocean City Elementary School Rated A
  • Bayside
  • Sauna

About This Home

As of March 2024

Welcome to your dream coastal retreat! This stunning 2-bedroom, 2-bath condo offers the perfect blend of luxury living and convenience of mid-town location. Step inside and be captivated by the spacious open floor plan that seamlessly connects the living, dining, and kitchen areas. The fully furnished interior in adorned with tasteful decor, creating an inviting ambience that's perfect for relaxation and entertainment. The primary suite features access to a private balcony and offers ocean and city views. The condo comes with great amenities to include swimming pool, fitness room, sauna, billiard room, and a meeting room. Great rental potential. Contact us today for a private tour!

Last Agent to Sell the Property

Bethany Drew

Hileman Real Estate-Berlin License #RS0015490 Listed on: 08/29/2023

Last Buyer's Agent

Tina Anthis

Coldwell Banker Realty License #5008539

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,744

Year Built

  • Built in 2007

Lot Details

  • Property is in very good condition

HOA Fees

  • $413 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 6th floor
  • Flat Roof Shape
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Open Floorplan

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Flood Risk
  • Bayside

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 608
  • Assessor Parcel Number 2410759943

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s)
  • $75 Other One-Time Fees
  • Mid-Rise Condominium
  • Makai Condos
  • Makai Community
  • Property Manager

Amenities

  • Billiard Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Deposit Required

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,744

Year Built

Built in 2007

Lot Details

0

HOA Fees

$413 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-29
  • Federal Flood Zone: Yes
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your dream coastal retreat! This stunning 2-bedroom, 2-bath condo offers the perfect blend of luxury living and convenience of mid-town location. Step inside and be captivated by the spacious open floor plan that seamlessly connects the living, dining, and kitchen areas. The fully furnished interior in adorned with tasteful decor, creating an inviting ambience that's perfect for relaxation and entertainment. The primary suite features access to a private balcony and offers ocean and city views. The condo comes with great amenities to include swimming pool, fitness room, sauna, billiard room, and a meeting room. Great rental potential. Contact us today for a private tour!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Washer/Dryer Stacked, Oven/Range - Electric, Exhaust Fan, Refrigerator
  • Entry Floor: 6
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 487.68
  • Above Grade Finished Sq Ft: 820
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4201

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Stucco
  • Exterior Features: Secure Storage
  • Roof: Built-Up, Flat
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • 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: Heat Pump(s)
  • 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: 1237.98
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Makai
  • HOA Condo Co-Op Amenities: Elevator, Pool - Indoor, Sauna, Billiard Room, Exercise Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s)
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Indoor, In Ground

Fee Information

  • Other Fees: 75.00
  • Other Fees Frequency: One Time

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

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: LC-1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Pet Addendum/Deposit
  • Pets Allowed: Yes
  • Total Actual Rent: 30000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3744.00
  • Assessor Parcel Number: 2410759943
  • Tax Lot: 608
  • Tax Total Finished Sq Ft: 820
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 03/22/2024

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
Aug 29, 2023
Closed on
Mar 22, 2024
Sold by
Dawson Joseph Chase and Dawson Susan Nicole
Bought by
Argilan Suzann and Argilan Robert
Seller's Agent
Bethany Drew
Hileman Real Estate-Berlin
Buyer's Agent
Tina Anthis
Coldwell Banker Realty
List Price
$409,900
Sold Price
$385,000
Premium/Discount to List
-$24,900
-6.07%
Views
444
Current Estimated Value
$414,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,728
Avg. Annual Appreciation
3.62%

Purchase Details

Listed on
Sep 11, 2022
Closed on
Dec 2, 2022
Sold by
Norman Marshall T
Bought by
Dawson Joseph Chase and Dawson Susan Nicole
Seller's Agent
Terri Moran
Coldwell Banker Realty
Buyer's Agent
Bethany Drew
Hileman Real Estate-Berlin
List Price
$399,000
Sold Price
$386,000
Premium/Discount to List
-$13,000
-3.26%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.20%
Original Mortgage
$289,500
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2012
Sold by
Eddins James W
Bought by
Eddins James W and Eddins Kristen B

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
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 19, 2010
Sold by
4201 Coastal Llc
Bought by
Eddins James W and Eddins Kristen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,920
Interest Rate
5.12%
Mortgage Type
New Conventional
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
Argilan Suzann $385,000 None Listed On Document
Dawson Joseph Chase $386,000 Maryland Title
Eddins James W -- Maryland Title Service Corpo
Eddins James W $259,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dawson Joseph Chase $289,500
Previous Owner Eddins James W $200,000
Previous Owner Eddins James W $207,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $385,000 -3.7% $470 / Sq Ft
10/15/2023 10/15/23 Price Changed $399,900 -2.4% $488 / Sq Ft
08/29/2023 08/29/23 For Sale $409,900 +6.2% $500 / Sq Ft
12/02/2022 12/02/22 Sold $386,000 -3.3% $471 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $399,000 0.0% $487 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/11/2022 09/11/22 For Sale $399,000 -- $487 / 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 $3,863 $288,067 $0 $0
2024 $3,863 $276,833 $0 $0
2023 $3,733 $265,600 $132,800 $132,800
2022 $3,733 $265,600 $132,800 $132,800
2021 $3,753 $265,600 $132,800 $132,800
2020 $3,753 $265,600 $132,800 $132,800
2019 $3,686 $259,067 $0 $0
2018 $3,557 $252,533 $0 $0
2017 $3,475 $246,000 $0 $0
2016 -- $241,900 $0 $0
2015 $2,880 $237,800 $0 $0
2014 $2,880 $233,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2015866

Bright MLS

APN: 10-759943