NOT LISTED FOR SALE

4400 Coastal Hwy Unit 301 Ocean City, MD 21842

Estimated Value: $442,452 - $501,000

3 Beds
2 Baths
1,320 Sq Ft
$433/mo HOA Fee

Last Sold June 20, 2016

Last sale price $232,899 $176 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,305/month

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Ocean City Elementary School Rated A
  • Living Room

About This Home

As of June 2016

TLB. 4.5% Buyer Premium chgd buyer at closing. No inspection contingency accepted on TLB Properties. REO. Property sold As-Is w/o repair, warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees as to the accuracy of info herein. Seller will accept cash, conventional offers only.

Last Agent to Sell the Property

David Sweeney

david.sweeney@rhss.com RealHome Services and Solutions, Inc. Listed on: 10/21/2015

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,006

Year Built

  • Built in 1985

HOA Fees

  • $433 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Shingle Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • 2 Assigned Parking Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Regency Place Community

Listing and Financial Details

  • Tax Lot 301
  • Assessor Parcel Number 2410290821

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,006

Year Built

Built in 1985

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1320
  • Living Area Sq Ft: 1320
  • Price Per Sq Ft: 180.00
  • Above Grade Finished Sq Ft: 1320
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Shingle Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Garage Features: Covered Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 433.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 135300.00
  • Land Assessed Value: 135300.00
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4006.15
  • Assessor Parcel Number: 2410290821
  • Tax Lot: 301
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2015
Closed on
Jun 15, 2016
Sold by
U S Bank National Association
Bought by
Smith Trever and Smith Joelle
Seller's Agent
David Sweeney
RealHome Services and Solutions, Inc.
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$291,500
Sold Price
$232,899
Premium/Discount to List
-$58,601
-20.1%
Current Estimated Value
$479,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,464
Avg. Annual Appreciation
8.02%
Original Mortgage
$174,450
Outstanding Balance
$138,888
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$340,475

Purchase Details

Closed on
May 2, 2006
Sold by
Hohenwarter Florence M
Bought by
Panto Panto Carmen Carmen and Panto Tricia Stoner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 28, 2006
Sold by
Hohenwarter Florence M
Bought by
Panto Panto Carmen Carmen and Panto Tricia Stoner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 23, 1997
Sold by
Hohenwarter Raymond E and Hohenwarter Florence M
Bought by
Hohenwarter Florence M

Purchase Details

Closed on
Oct 3, 1986
Sold by
Regency Surf Associates
Bought by
Hohenwarter Raymond E and Hohenwarter Florence M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
10.08%
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
Smith Trever $232,600 Maryland Title Services
Panto Panto Carmen Carmen $449,000 --
Panto Panto Carmen Carmen $449,000 --
Hohenwarter Florence M -- --
Hohenwarter Raymond E $138,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Trever $174,450
Previous Owner Panto Panto Carmen Carmen $44,900
Previous Owner Panto Panto Carmen Carmen $44,900
Previous Owner Hohenwarter Raymond E $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2016 06/20/16 Sold $232,899 -2.0% $176 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/07/2016 04/07/16 Price Changed $237,600 -5.0% $180 / Sq Ft
01/25/2016 01/25/16 Price Changed $250,100 -5.0% $189 / Sq Ft
12/28/2015 12/28/15 Price Changed $263,200 -5.0% $199 / Sq Ft
11/21/2015 11/21/15 Price Changed $277,000 -5.0% $210 / Sq Ft
10/21/2015 10/21/15 For Sale $291,500 -- $221 / 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 $4,356 $319,000 $0 $0
2024 $4,114 $294,800 $0 $0
2023 $3,814 $270,600 $135,300 $135,300
2022 $3,803 $270,600 $135,300 $135,300
2021 $3,824 $270,600 $135,300 $135,300
2020 $3,838 $270,600 $135,300 $135,300
2019 $3,838 $270,600 $135,300 $135,300
2018 $3,811 $270,600 $135,300 $135,300
2017 $4,141 $302,200 $0 $0
2016 -- $291,667 $0 $0
2015 $4,103 $281,133 $0 $0
2014 $4,103 $270,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Sweeney

    RealHome Services and Solutions, Inc.

    Section Image

  • N

    Buyer's Agent in 2016

    Non Member Member

    Metropolitan Regional Information Systems

See All Agents

Map

Source: Bright MLS

MLS Number: 1003752363

Bright MLS

APN: 10-290821

Maryland Worcester County Ocean City 21842

4400 Coastal Hwy Unit 301, Ocean City, MD

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