NOT LISTED FOR SALE

5 44th St Unit 201 Ocean City, MD 21842

Estimated Value: $400,000 - $446,000

2 Beds
2 Baths
928 Sq Ft
$167/mo HOA Fee

Last Sold February 24, 2023

Last sale price $380,000 $409 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,748/month

5 Days on Market

Highlights

  • Furnished
  • Paneling
  • Central Air
  • Ocean City Elementary School Rated A
  • Ceramic Tile Flooring
  • Dining Area

About This Home

As of February 2023

Views, Views, Views in this building. End unit close to the beach and walking distance to restaurants, shopping and golf. This 2 bedroom, 2 bath unit is in a building that seldom becomes available, Original owner, non-rental. Make this place your own. Some new flooring, new fridge, and washer and dryer.

Last Agent to Sell the Property

Lauren Waesche

(443) 910-0028 lauren@century21newhorizon.com Century 21 New Horizon Listed on: 01/13/2023

Century 21 New Horizon

Last Buyer's Agent

Dan O'Hare

(646) 644-7173 dan.ohare.homes@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #654308

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,904

Year Built

  • Built in 1974

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Stick Built Home
  • Stucco

Interior Spaces

  • 928 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Paneling
  • Dining Area
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Off-Street Parking

Schools

  • Ocean City Elementary School
  • Berlin Intermediate School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Storage Shed
  • Property is in average condition
  • Flood Risk

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 2410066948

Community Details

Overview

  • Low-Rise Condominium
  • Neil Steffen Condos, Phone Number (585) 802-2474
  • Wild Wave Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,904

Year Built

Built in 1974

Lot Details

0

HOA Fees

$167 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
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Remarks Public: Views, Views, Views in this building. End unit close to the beach and walking distance to restaurants, shopping and golf. This 2 bedroom, 2 bath unit is in a building that seldom becomes available, Original owner, non-rental. Make this place your own. Some new flooring, new fridge, and washer and dryer.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Flooring Type: Ceramic Tile, Laminated
  • Interior Amenities: Dining Area
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Floors In Unit Count: 1
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 928
  • Living Area Sq Ft: 928
  • Price Per Sq Ft: 419.18
  • Above Grade Finished Sq Ft: 928
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

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
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Stick Built, Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot, Off Street
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, 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: 2000.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Neil Steffen
  • Condo Co-Op Phone: 585-802-2474
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: BERLIN INTERMEDIATE SCHOOL
  • 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: BERLIN INTERMEDIATE SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5402618
  • Tax Annual Amount: 2904.00
  • Assessor Parcel Number: 2410066948
  • Tax Lot: 201
  • Tax Total Finished Sq Ft: 928
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/24/2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Feb 24, 2023
Sold by
Bishop Mary Margaret
Bought by
Hillard Cynthia Lee and Hillard Michael Kim
Seller's Agent
Lauren Waesche
Century 21 New Horizon
Buyer's Agent
Dan O'Hare
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$389,000
Sold Price
$380,000
Premium/Discount to List
-$9,000
-2.31%
Views
49
Current Estimated Value
$424,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,798
Avg. Annual Appreciation
4.26%
Original Mortgage
$285,000
Outstanding Balance
$274,081
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$150,717

Purchase Details

Closed on
Nov 26, 1996
Sold by
Bishop Mary Margaret
Bought by
Bishop Mary Margaret

Purchase Details

Closed on
Sep 5, 1986
Sold by
Hastings Edward E
Bought by
Bishop Dennis R and Bishop Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,360
Interest Rate
9.9%
Source: Public Records

Range of Values:

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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
Hillard Cynthia Lee $380,000 Community Title Network
Bishop Mary Margaret -- --
Bishop Dennis R $95,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillard Cynthia Lee $285,000
Previous Owner Bishop Dennis R $76,360
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $380,000 -2.3% $409 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $389,000 -- $419 / 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 $4,232 $309,933 $0 $0
2024 $3,600 $257,967 $0 $0
2023 $2,895 $206,000 $103,000 $103,000
2022 $2,895 $206,000 $103,000 $103,000
2021 $2,911 $206,000 $103,000 $103,000
2020 $2,911 $206,000 $103,000 $103,000
2019 $2,931 $206,000 $103,000 $103,000
2018 $2,901 $206,000 $103,000 $103,000
2017 $2,950 $208,800 $0 $0
2016 -- $196,400 $0 $0
2015 $2,595 $184,000 $0 $0
2014 $2,595 $171,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2011852

Bright MLS

APN: 10-066948