NOT LISTED FOR SALE

5 64th St Unit DP2 Ocean City, MD 21842

Estimated Value: $760,000 - $843,398

4 Beds
3 Baths
1,934 Sq Ft
$410/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2025

Last sale price $735,000 $380 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,208 / mo

106 Days on Market

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • Furnished
  • Ocean City Elementary School Rated A
  • Coastal Architecture
  • Multiple Balconies

About This Home

As of January 2025

* BUYER'S FINANCING FELL THROUGH. Back on the Market. Their loss in your gain! *MOTIVATED SELLER is offering to finance a SIGNIFICANT BUY DOWN of the buyer's
interest rate with use of approved lender and agreeable terms* A Rare Find in Mid-Town Ocean City - This stunning 3-level townhome offers the perfect
blend of comfort, convenience, and ocean views. Nestled less than a block from the
beach in Mid-Town Ocean City, this property is a true gem. KEY FEATURES. Prime location: Conveniently located only two blocks from the
Route 90 entrance to Ocean City. Prime ocean access: Ocean block, only a hundred
yards to the sand. Ocean views from rooms on the first and second floors. Room for
Family and Friends: 3-level townhome with four bedrooms, three full bathrooms, 9’
ceilings. 1900+ square feet. Ample parking: Covered parking for up to four cars.
Fully furnished: The modern and beachy furnishings convey. Rental income
potential: historically rented for ten summer weeks. $38,000 gross in 2024. Eight of
ten of 2024’s guests wanted to return in 2025. Modest condo fee: only $330 per month.
Why pay more when it's the beach and the ocean you want most? ADDITIONAL HIGHLIGHTS. Ground (first) floor: Large room for beach gear, bikes
and storage. Second floor: Laundry closet with full-size washer/dryer, kitchen, living
and dining rooms, bedroom one-of-four and a large wraparound deck. Third floor: Two hallway bedrooms, full bath and a Master Suite with plantation shutters, private
deck with ocean view, step-in shower with rain showerhead and transom window and
tile flooring. Gas fireplace (just needs to be connected to fuel source)
Seize this unique chance to make this exceptional townhome your own and enjoy all
that Mid-Town Ocean City has to offer!

Last Agent to Sell the Property

Sharon Daugherty

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva License #SL3435144 Listed on: 09/14/2024

Keller Williams Realty Delmarva

Co-Listed By

Mark Andrews

(410) 972-4000 bburris@kw.com Keller Williams Select Realtors of Annapolis License #529550

Last Buyer's Agent

Lindsay Moiles

(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors License #RSR006518

Cummings & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,514

Year Built

  • Built in 2002

Lot Details

  • Building is oceanfront but unit may not have water views
  • Property is in excellent condition

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Frame Construction
  • Piling Construction

Interior Spaces

  • 1,934 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Chair Railings
  • Ceiling Fan
  • Gas Fireplace
  • Window Screens
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Tuck Under Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors swing in
  • Multiple Balconies
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot D
  • Assessor Parcel Number 2410391377

Community Details

Overview

  • Association fees include insurance, reserve funds
  • Just Beachy Community

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,514

Year Built

Built in 2002

Lot Details

0 Sq Ft Lot

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Accessibility Features: Doors - Swing In
  • Ownership: Condominium
  • Exclusions: Driftwood Mirror in Living Room & Beach House Paddle.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-09-14
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Electric, Stove, Washer
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Bathroom - Walk-In Shower, Ceiling Fan(s), Chair Railings, Walk-In Closet(s)
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1934
  • Living Area Sq Ft: 1934
  • Price Per Sq Ft: 377.40
  • Above Grade Finished Sq Ft: 1934
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 990.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Insurance, Reserve Funds
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Excellent
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 37947.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 6514.00
  • Assessor Parcel Number: 2410391377
  • Tax Lot: D
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2024
Closed on
Jan 31, 2025
Sold by
Cole Earl W and Cole Marjorie T
Bought by
Futcher Frank W and Futcher Sharon M
Seller's Agent
Sharon Daugherty
Keller Williams Realty Delmarva
Buyer's Agent
Lindsay Moiles
Cummings & Co. Realtors
List Price
$819,900
Sold Price
$735,000
Premium/Discount to List
-$84,900
-10.35%
Views
56
Current Estimated Value
$793,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,100
Avg. Annual Appreciation
6.03%
Original Mortgage
$588,000
Outstanding Balance
$584,375
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$208,725

Purchase Details

Closed on
Sep 26, 2014
Sold by
Jacobs Le Roy A
Bought by
Cole Earl W and Cole Marjorie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2008
Sold by
Lee & Robin Jacobs Family Trust
Bought by
Jacobs Le Roy A and Jacobs Robin

Purchase Details

Closed on
Feb 19, 2008
Sold by
Lee & Robin Jacobs Family Trust
Bought by
Jacobs Le Roy A and Jacobs Robin

Purchase Details

Closed on
Oct 15, 2002
Sold by
Just Beachy Inc
Bought by
Lee Jacobs and Jacobs Robin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Futcher Frank W $735,000 First American Title
Futcher Frank W $735,000 First American Title
Cole Earl W $390,000 Dunns Title & Escrow Inc
Jacobs Le Roy A -- --
Jacobs Le Roy A -- --
Lee Jacobs $399,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Futcher Frank W $588,000
Closed Futcher Frank W $588,000
Previous Owner Cole Earl W $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $735,000 +0.7% $380 / Sq Ft
10/17/2024 10/17/24 Price Changed $729,900 -7.5% $377 / Sq Ft
10/04/2024 10/04/24 Price Changed $789,000 -3.8% $408 / Sq Ft
09/14/2024 09/14/24 For Sale $819,900 -- $424 / Sq Ft
Source: Bright MLS

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 $7,773 $569,200 $0 $0
2024 $6,494 $465,400 $0 $0
2023 $5,082 $361,600 $180,800 $180,800
2022 $5,082 $361,600 $180,800 $180,800
2021 $5,110 $361,600 $180,800 $180,800
2020 $5,109 $361,600 $180,800 $180,800
2019 $5,144 $361,600 $180,800 $180,800
2018 $5,093 $361,600 $180,800 $180,800
2017 $5,245 $371,300 $0 $0
2016 -- $371,300 $0 $0
2015 $6,846 $371,300 $0 $0
2014 $6,846 $427,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2023326

Bright MLS

APN: 10-391377

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