NOT LISTED FOR SALE

4305 Atlantic Ave Unit 3S Ocean City, MD 21842

Estimated Value: $522,000 - $718,269

3 Beds
2 Baths
1,144 Sq Ft
$250/mo HOA Fee

Last Sold April 14, 2021

Last sale price $525,000 $459 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,214/month

Highlights

  • Home fronts navigable water
  • Water Access
  • Dogs and Cats Allowed
  • Ocean City Elementary School Rated A
  • Furnished
  • Stacked Washer and Dryer

About This Home

As of April 2021

3 Bed Ocean Front condo , Unique 5 unit boutique building, Gorgeous Ocean views, bamboo hardwood floors, 2 assigned parking spaces, condo fees include cable service, heat pump, washer and dryer. Large front and back balconies, low density beach. Home warranty offered and paid by seller. Walking distance to restaurants and entertainment. Make your move today! Must honor 2021 rentals, in the CB rental program

Last Agent to Sell the Property

Kimberley Collins

(443) 333-6310 kim.collins@theoldfathergroup.com Compass License #532644 Listed on: 02/26/2021

Compass

Co-Listed By

Nichole Hudson

nichole292@gmail.com Coldwell Banker Realty

Last Buyer's Agent

Nikki Rose

(410) 726-1448 nikkirayne@kw.com Keller Williams Realty Delmarva License #679374

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,770

Year Built

  • Built in 1978

Lot Details

  • Home fronts navigable water

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Dryvit Stucco
  • Stucco

Interior Spaces

  • 1,144 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Access
  • Property is near an ocean

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Property is used as a vacation rental
  • Tax Lot 3S
  • Assessor Parcel Number 10-065186

Community Details

Overview

  • Association fees include cable TV, common area maintenance, exterior building maintenance, reserve funds
  • Low-Rise Condominium
  • Top View Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,770

Year Built

Built in 1978

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
  • Ownership: Condominium
  • Exclusions: personal pictures
  • Home Warranty: Yes
  • Inclusions: as shown
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-02-26
  • Federal Flood Zone: No
  • Year Built: 1978
  • Automatically Close On Close Date: No
  • Remarks Public: 3 Bed Ocean Front condo , Unique 5 unit boutique building, Gorgeous Ocean views, bamboo hardwood floors, 2 assigned parking spaces, condo fees include cable service, heat pump, washer and dryer. Large front and back balconies, low density beach. Home warranty offered and paid by seller. Walking distance to restaurants and entertainment. Make your move today! Must honor 2021 rentals, in the CB rental program
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Range Hood, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1144
  • Living Area Sq Ft: 1144
  • Price Per Sq Ft: 419.58
  • Above Grade Finished Sq Ft: 1144
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4305

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, Dryvit, Stucco
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 750.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Reserve Funds
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5402483
  • Tax Annual Amount: 5770.00
  • Assessor Parcel Number: 10-065186
  • Tax Lot: 3S
  • Tax Total Finished Sq Ft: 1144
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/14/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 14, 2021
Sold by
Heird Mark R and Heird Leslie K
Bought by
Carpenter Cory T and Carpenter Joan G
Seller's Agent
Kimberley Collins
Compass
Buyer's Agent
Nikki Rose
Keller Williams Realty Delmarva
List Price
$480,000
Sold Price
$525,000
Premium/Discount to List
$45,000
9.38%
Current Estimated Value
$650,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,317
Avg. Annual Appreciation
4.83%
Original Mortgage
$371,250
Outstanding Balance
$278,946
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$371,371

Purchase Details

Closed on
Sep 24, 2003
Sold by
Smith Kenneth R
Bought by
Heird Heird Mark R Mark R and Heird Leslie K

Purchase Details

Closed on
Sep 21, 2000
Sold by
Sussex Realty 2000315 Llc
Bought by
Smith Kenneth R
Source: Public Records

Range of Values:

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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
Carpenter Cory T $525,000 Real Estate Title & Escrow
Heird Heird Mark R Mark R $375,000 --
Smith Kenneth R $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpenter Cory T $371,250
Closed Smith Kenneth R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2021 04/14/21 Sold $525,000 +9.4% $459 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $480,000 -- $420 / 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 $6,638 $486,133 $0 $0
2024 $6,241 $447,267 $0 $0
2023 $5,740 $408,400 $285,800 $122,600
2022 $5,740 $408,400 $285,800 $122,600
2021 $5,771 $408,400 $285,800 $122,600
2020 $5,793 $408,400 $285,800 $122,600
2019 $5,810 $408,400 $285,800 $122,600
2018 $5,752 $408,400 $285,800 $122,600
2017 $5,706 $408,400 $0 $0
2016 -- $401,900 $0 $0
2015 $5,793 $395,400 $0 $0
2014 $5,793 $388,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberley Collins

    Seller's Agent in 2021

    Kimberley Collins

    Compass

    (443) 333-6310

    25 in this area

    39 Total Sales

    Kimberley Collins
    Section Image

  • N

    Seller Co-Listing Agent in 2021

    Nichole Hudson

    Coldwell Banker (NRT-Southeast-MidAtlantic)

  • Nikki Rose

    Buyer's Agent in 2021

    Nikki Rose

    Keller Williams Realty Delmarva

    (410) 726-1448

    17 in this area

    94 Total Sales

    Nikki Rose
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO120384

Bright MLS

APN: 10-065186

Maryland Worcester County Ocean City 21842

4305 Atlantic Ave Unit 3S, Ocean City, MD

This home is located at 4305 Atlantic Ave Unit 3S, Ocean City, MD 21842 since 26 February 2021 and is currently estimated at $650,317, approximately $568 per square foot. This property was built in 1978. 4305 Atlantic Ave Unit 3S is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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