NOT LISTED FOR SALE

4401 Atlantic Ave Unit 7 Ocean City, MD 21842

Estimated Value: $1,044,954 - $1,237,000

3 Beds
3.5 Baths
2,130 Sq Ft
$525/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $920,000 $432 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,288/month

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Water Oriented
  • Ocean City Elementary School Rated A
  • Sandy Beach
  • Open Floorplan

About This Home

As of July 2020

Direct Oceanfront 4-Story Townhouse located mid-town in Ocean City. Recently remodeled kitchen and bathrooms boasting spectaular designer finishes. Featuring 2 oceanfront balconies and an oversized sun deck on the main level. Exterior of the building was refinished in the recent past including hardiboard siding and maintenance free decking and railings. Property was once included 4 bedrooms and 4 1/2 baths, however, the current owner reconfigured the top floor to include a huge owner's suite. Property is now a 3 bedroom 3 1/2 bath home, but could be converted back by new owners if so desired. Ground level includes a large storage room that has access to the beach. Outdoor fenced in area on ground level is a unique feature.

Last Agent to Sell the Property

Jonathan Barker

(410) 935-3810 jon@markf.com Keller Williams Realty Delmarva License #618143 Listed on: 06/12/2020

Keller Williams Realty Delmarva

Last Buyer's Agent

Carol Proctor

(443) 567-0650 carol@carolproctor.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288

Berkshire Hathaway HomeServices PenFed Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,756

Year Built

  • Built in 1988

Lot Details

  • Ocean Front
  • Sandy Beach
  • West Facing Home
  • Cleared Lot
  • Property is in very good condition

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Side-by-Side
  • Entry on the 1st floor
  • Pillar, Post or Pier Foundation
  • Wood Walls
  • HardiePlank Type

Interior Spaces

  • 2,130 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Dining Area
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Water Oriented
  • Property is near an ocean

Location

  • Flood Risk

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 10-067359

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, management, reserve funds
  • Pilot House Condos
  • Pilot House Community
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,756

Year Built

Built in 1988

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Side-By-Side
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Federal Flood Zone: Yes
  • Year Built: 1988
  • Remarks Public: Direct Oceanfront 4-Story Townhouse located mid-town in Ocean City. Recently remodeled kitchen and bathrooms boasting spectaular designer finishes. Featuring 2 oceanfront balconies and an oversized sun deck on the main level. Exterior of the building was refinished in the recent past including hardiboard siding and maintenance free decking and railings. Property was once included 4 bedrooms and 4 1/2 baths, however, the current owner reconfigured the top floor to include a huge owner's suite. Property is now a 3 bedroom 3 1/2 bath home, but could be converted back by new owners if so desired. Ground level includes a large storage room that has access to the beach. Outdoor fenced in area on ground level is a unique feature.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Dining Area, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Skylight(s), Upgraded Countertops, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: Dry Wall, Wood Walls
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 4
  • Levels Count: 3
  • Room Count: 11
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2130
  • Living Area Sq Ft: 2130
  • Price Per Sq Ft: 445.54
  • Above Grade Finished Sq Ft: 2130
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4401

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 3 Bathrooms: 1.00
  • Upper Level 2 Full Bathrooms: 2
  • Upper Level 3 Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • View: Ocean
  • Water Access: No
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1500.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Pilot House
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Management, Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: 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

  • Horses: No
  • Land Use Code: 012
  • Lot Features: Cleared
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5402655
  • Tax Annual Amount: 9756.00
  • Assessor Parcel Number: 10-067359
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 2130
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/24/2020

Multi Family

  • Federal Flood Zone: x
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 24, 2020
Sold by
Boone Craig T and Craig T Boone Revocable Trust
Bought by
Forrest Patrick James and Berman Joanne Helene
Seller's Agent
Jonathan Barker
Keller Williams Realty Delmarva
Buyer's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
List Price
$949,000
Sold Price
$920,000
Premium/Discount to List
-$29,000
-3.06%
Current Estimated Value
$1,118,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,318
Avg. Annual Appreciation
3.79%
Original Mortgage
$590,000
Outstanding Balance
$522,192
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$596,126

Purchase Details

Closed on
Apr 25, 2003
Sold by
Boone Craig T
Bought by
Boone Craig T and Trustee

Purchase Details

Closed on
Aug 15, 1996
Sold by
Ortenzio R A
Bought by
Boone Craig T
Source: Public Records

Range of Values:

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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
Forrest Patrick James $920,000 Certified Title Corporation
Boone Craig T -- --
Boone Craig T $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forrest Patrick James $590,000
Closed Boone Craig T --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $920,000 -3.1% $432 / Sq Ft
06/12/2020 06/12/20 For Sale $949,000 -- $446 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
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 $11,072 $810,800 $0 $0
2024 $10,442 $748,300 $0 $0
2023 $9,638 $685,800 $480,000 $205,800
2022 $9,638 $685,800 $480,000 $205,800
2021 $9,691 $685,800 $480,000 $205,800
2020 $9,690 $685,800 $480,000 $205,800
2019 $9,362 $658,100 $0 $0
2018 $8,879 $630,400 $0 $0
2017 $8,557 $602,700 $0 $0
2016 -- $602,700 $0 $0
2015 $6,119 $602,700 $0 $0
2014 $6,119 $612,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Barker

    Seller's Agent in 2020

    Jonathan Barker

    Keller Williams Realty Delmarva

    (410) 935-3810

    117 in this area

    190 Total Sales

    Jonathan Barker
    Section Image
  • Carol Proctor

    Buyer's Agent in 2020

    Carol Proctor

    BHHS PenFed (actual)

    (443) 567-0650

    397 in this area

    547 Total Sales

    Carol Proctor
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO114392

Bright MLS

APN: 10-067359

Maryland Worcester County Ocean City 21842

4401 Atlantic Ave Unit 7, Ocean City, MD

This home is located at 4401 Atlantic Ave Unit 7, Ocean City, MD 21842 since 12 June 2020 and is currently estimated at $1,118,318, approximately $525 per square foot. This property was built in 1988. 4401 Atlantic Ave Unit 7 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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