NOT LISTED FOR SALE

4400 Coastal Hwy Unit 302 Ocean City, MD 21842

Estimated Value: $449,983 - $622,000

3 Beds
2 Baths
1,320 Sq Ft
1985 Built

Last Sold August 23, 2013

Last sale price $318,500 $241 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,139/month

About This Home

As of August 2013

Must see-3 bed/2 bath condo-mid-town ocean block-views of ocean&bay*Bright/clean/colorful*New carpet/slider/storm door*Spacious living area+lg master suite*Full size laundry/lots of storage*Oversized balcony-enjoy sunsets/water views*Southern exposure*Non-rental, but good rental potential*Indoor pool*Steps to beach*Elevator*Reserved parking*Close to shopping/restaurants/more*Same as MLS#483759

Last Agent to Sell the Property

Jeannie Betten

info@sharingoc.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 05/02/2013

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Non Member Member

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,356

Year Built

1985

Lot Details

0

Listing Details

  • Zoning Code: R-3
  • Blocks To Ocean: 2
  • Building Floors: 5
  • Cross Street: 44TH ST
  • Federal Flood Ins: Yes
  • Federal Flood Zone: 00
  • Non Power Boats Permitted: 0
  • Power Boats Permitted: 0
  • Public Road: Yes
  • Election District: 10
  • Incorporated City Name: OCEAN CITY
  • Lis Media List: Virtual Tour, Photo
  • Property Type: Residential
  • Public Record Key: 10164554060
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • System Locale: MRIS
  • Status: Closed
  • Number of Levels Including basement: 1
  • View/Accessibility: Water Access, Water View
  • Full Street Address: 4400 COASTAL HWY #302
  • Dwelling Type: Mid-Rise 5-8 Floors
  • Map Locale List: ADC
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Above Grade Finished Sq Ft: 1320
  • Dining Kitchen: Breakfast Bar, Living-Dining Room Combo
  • Interior Amenities: Floor Plan-Open
  • Entry Level: Floors 2-5
  • Main Floor: 3 Beds, 2 Baths
  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Bathrooms: 2

Exterior Features

  • Structure List: Above Grade
  • Exterior: Concrete / Block
  • Docks: 0
  • Dock Slip Conveyance: None Available
  • Mean Low Water: 0+
  • Water Access: Yes
  • Pool: Yes
  • Water View: Yes
  • Type of Body of Water: Ocean
  • Body Of Water: OCEAN
  • Other Structures: Above Grade

Garage/Parking

  • Parking: Assigned, Under Home Parking
  • Assigned Parking Spaces: 2

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central Air Conditioning
  • Heating Fuel: Electric
  • Heating: Heat Pump(s)
  • Hot Water: Electric
  • Sewer Septic: Public Sewer
  • Water: Public

Condo/Co-op/Association

  • Condo Co-Op Fee: 5000
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Regency Place
  • Community Amenities: Elevator, Indoor Pool
  • Community Fee Includes: Management, Pool(s), Exterior Building Maintenance, Master Insurance Policy
  • Total Units: 25
  • Community: REGENCY PLACE
  • Community Rules: Parking

Lot Info

  • Location Type: Ocean
  • Lot Number: 302
  • Listing Parcel Number: 7218

Rental Info

  • Furnished: Yes

Tax Info

  • Assessment Year: 2013
  • Total Taxes Payment Freq: Annually
  • County Tax Payment Freq: Annually
  • Total Tax: 3627.39
  • Assessor Parcel Number: 2410290848

Multi Family

  • Elevators: 1
  • Handicap: Elevator
  • Unit Floors: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2013
Closed on
Aug 23, 2013
Sold by
Wilson Jung Wayne E and Wilson Jung Ann
Bought by
Rogers William M and Rogers Sandra G
Seller's Agent
Jeannie Betten
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$350,000
Sold Price
$318,500
Premium/Discount to List
-$31,500
-9%
Current Estimated Value
$530,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,746
Avg. Annual Appreciation
4.27%
Original Mortgage
$230,500
Outstanding Balance
$171,072
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$359,174

Purchase Details

Closed on
Jun 30, 2004
Sold by
Jung Wayne E
Bought by
Jung Jung Wayne E Wayne E and Jung Ann Wilson

Purchase Details

Closed on
Jun 15, 2004
Sold by
Kerxton Cheryl L
Bought by
Jung Wayne E

Purchase Details

Closed on
Mar 21, 2003
Sold by
Beattie Samuel E
Bought by
Kerxton Kerxton Cheryl L Cheryl L and Kerxton Bradley S

Purchase Details

Closed on
Dec 13, 2001
Sold by
Pac Peter Jonathan
Bought by
Beattie Samuel E

Purchase Details

Closed on
Jun 17, 1999
Sold by
Werre John K and Werre Deborah L
Bought by
Pac Peter Jonathan and Pac Robin Rebecca
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rogers William M $318,500 Real Estate Title & Escrow L
Jung Jung Wayne E Wayne E -- --
Jung Wayne E $386,000 --
Kerxton Kerxton Cheryl L Cheryl L $332,000 --
Beattie Samuel E $241,900 --
Pac Peter Jonathan $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers William M $230,500
Closed Pac Peter Jonathan --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2013 08/23/13 Sold $318,500 -2.0% $241 / Sq Ft
07/12/2013 07/12/13 Pending -- -- --
06/17/2013 06/17/13 Price Changed $325,000 -1.5% $246 / Sq Ft
06/07/2013 06/07/13 Price Changed $330,000 -1.5% $250 / Sq Ft
05/10/2013 05/10/13 Price Changed $335,000 -4.3% $254 / Sq Ft
05/03/2013 05/03/13 For Sale $350,000 +9.9% $265 / Sq Ft
05/03/2013 05/03/13 Off Market $318,500 -- --
05/02/2013 05/02/13 For Sale $350,000 -- $265 / 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

  • J

    Seller's Agent in 2013

    Jeannie Betten

    BHHS PenFed (actual)

    Section Image

  • N

    Buyer's Agent in 2013

    Non Member Member

    Metropolitan Regional Information Systems

See All Agents

Map

Source: Bright MLS

MLS Number: WO8070686

Bright MLS

APN: 10-290848

Maryland Worcester County Ocean City 21842

4400 Coastal Hwy Unit 302, Ocean City, MD

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