NOT LISTED FOR SALE

5 76th St Unit 403 Ocean City, MD 21842

Estimated Value: $506,000 - $612,000

2 Beds
2 Baths
1,071 Sq Ft
1978 Built

Sale Details

Date Sold: October 21, 2021

Last sale price $490,000 $458 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,626 / mo

4 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Furnished
  • Ocean City Elementary School Rated A
  • Water Oriented
  • Central Heating and Cooling System

About This Home

As of October 2021

Beautifully spacious ocean front condo located just above midtown in the Even Keel building. Imagine waking up and seeing the sunrise every morning with a picturesque view of the Ocean. Unit offers two partially updated bathrooms, SS appliances, large utility room with a brand new full size washer/dryer. Freshly painted throughout and comes fully furnished. Unit is situated on the 4th floor in a nicely maintained elevator building allowing for easy access. If you've been waiting for an ocean front condo...this ones it.

Last Agent to Sell the Property

Sherri Hearn

(443) 856-2211 sellingbeachtobayhomes@gmail.com Coldwell Banker Realty License #661341 Listed on: 09/25/2021

Coldwell Banker Realty

Last Buyer's Agent

Steve Allnutt

(410) 740-1200 steveallnutt@remax.net RE/MAX Advantage Realty License #301886

RE/MAX Advantage Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,615

Year Built

  • Built in 1978

HOA Fees

  • $247 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,071 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ocean Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Off-Site Parking

Outdoor Features

  • Water Oriented
  • Property is near an ocean

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 403
  • Assessor Parcel Number 10-086434

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, trash
  • Mid-Rise Community
  • Mana Jit Condos
  • Even Keel Community

Recreation

  • Beach

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,615

Year Built

Built in 1978

Lot Details

0 Sq Ft Lot

HOA Fees

$247 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Contents of owners closet, personal items
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-09-28
  • Federal Flood Zone: Yes
  • Year Built: 1978
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1071
  • Living Area Sq Ft: 1071
  • Price Per Sq Ft: 457.05
  • Above Grade Finished Sq Ft: 1071
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Concrete
  • View: Ocean
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 740.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: MANA-JIT
  • HOA Condo Co-Op Amenities: Elevator, Beach
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5404193
  • Tax Annual Amount: 4615.00
  • Assessor Parcel Number: 10-086434
  • Tax Lot: 403
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
Oct 21, 2021
Sold by
Sohn Eric T and Kim Hae Ri
Bought by
Eisenacher Richard and Eisenacher Judith
Seller's Agent
Sherri Hearn
Coldwell Banker Realty
Buyer's Agent
Steve Allnutt
RE/MAX Advantage Realty
List Price
$489,500
Sold Price
$490,000
Premium/Discount to List
$500
0.1%
Current Estimated Value
$549,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,487
Avg. Annual Appreciation
2.58%

Purchase Details

Closed on
May 2, 2008
Sold by
Robertson Harry Carlton Jr Trustee
Bought by
Wayne Robertson R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2008
Sold by
Robertson Harry Carlton Jr Trustee
Bought by
Wayne Robertson R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1995
Sold by
Robertson Harry Carlton
Bought by
Robertson Harry Carlton Jr Trustee and Ann P Robertson Trustee
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

Date Buyer Sale Price Title Company
Eisenacher Richard $490,000 R & P Settlement Group Llc
Wayne Robertson R -- --
Sohn Eric T $415,000 --
Wayne Robertson R -- --
Sohn Eric T $415,000 --
Robertson Harry Carlton Jr Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sohn Eric T $200,000
Previous Owner Sohn Eric T $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $490,000 +0.1% $458 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $489,500 -- $457 / 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 $5,590 $409,400 $0 $0
2024 $5,135 $368,000 $0 $0
2023 $4,590 $326,600 $228,600 $98,000
2022 $4,590 $326,600 $228,600 $98,000
2021 $4,615 $326,600 $228,600 $98,000
2020 $4,632 $326,600 $228,600 $98,000
2019 $4,646 $326,600 $228,600 $98,000
2018 $4,600 $326,600 $228,600 $98,000
2017 $4,535 $326,600 $0 $0
2016 -- $319,467 $0 $0
2015 $4,370 $312,333 $0 $0
2014 $4,370 $305,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2002208

Bright MLS

APN: 10-086434

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