NOT LISTED FOR SALE

503 Robin Dr Unit 2E Ocean City, MD 21842

Estimated Value: $161,000 - $356,174

2 Beds
2 Baths
860 Sq Ft
$75/mo HOA Fee

Last Sold April 29, 2020

Last sale price $162,000 $188 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,751/month

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Combination Kitchen and Living
  • Ocean City Elementary School Rated A
  • Attic
  • Upgraded Countertops

About This Home

As of April 2020

This 2 bed, 2 bath condo near 26th street is one of the most affordable units at the beach. A full remodel was just completed making it an absolute steal. New cabinets, flooring, granite counter tops, stainless steel appliances and window heat and a/c units. Zero projects means you can move right in and enjoy worry free living. Open concept living, bright sunny spaces and a large front porch for relaxing after a day at the beach. All for under $200K. Low condo fees. Plenty of parking. Walking distance to restaurants, nightlife, the beach and family activities. Ride your bike to the boardwalk. What more could you ask for? Add this to your list to see today. With this aggressive pricing and historically low mortgage rates, it will not last.

Last Agent to Sell the Property

Spike Sands

(443) 235-0489 spikesands@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS-0038938 Listed on: 03/16/2020

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Shawn Kotwica

(724) 840-0572 shawn.kotwica@cbmove.com Coldwell Banker Realty License #653192

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,835

Year Built

  • Built in 1972 | Remodeled in 2020

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 860 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Attic

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • On-Street Parking
  • Parking Lot

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Property is in very good condition

Community Details

  • 4 Units
  • Low-Rise Condominium
  • Carvinelle Community
  • Bayshore Estates Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 2E
  • Assessor Parcel Number 10-059356

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,835

Year Built

Built in 1972 | Remodeled in 2020

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Sold as Shown
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1972
  • Year Renovated: 2020
  • Remarks Public: This 2 bed, 2 bath condo near 26th street is one of the most affordable units at the beach. A full remodel was just completed making it an absolute steal. New cabinets, flooring, granite counter tops, stainless steel appliances and window heat and a/c units. Zero projects means you can move right in and enjoy worry free living. Open concept living, bright sunny spaces and a large front porch for relaxing after a day at the beach. All for under $200K. Low condo fees. Plenty of parking. Walking distance to restaurants, nightlife, the beach and family activities. Ride your bike to the boardwalk. What more could you ask for? Add this to your list to see today. With this aggressive pricing and historically low mortgage rates, it will not last.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Compactor, Dishwasher, Disposal, Stainless Steel Appliances, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater, Microwave, Energy Star Refrigerator
  • Entry Floor: 2
  • Interior Amenities: Attic, Built-Ins, Combination Kitchen/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Pantry, Upgraded Countertops
  • Window Features: Energy Efficient
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 860
  • Living Area Sq Ft: 860
  • Price Per Sq Ft: 209.19
  • Above Grade Finished Sq Ft: 860
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

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, Stick Built
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 900.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • 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: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5402012
  • Tax Annual Amount: 1835.00
  • Assessor Parcel Number: 10-059356
  • Tax Lot: 2E
  • Tax Total Finished Sq Ft: 860
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 04/29/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Apr 29, 2020
Sold by
Bigs Properties 1 Llc
Bought by
Emir Mehmet Fatih
Seller's Agent
Spike Sands
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Shawn Kotwica
Coldwell Banker Realty
List Price
$179,900
Sold Price
$162,000
Premium/Discount to List
-$17,900
-9.95%
Current Estimated Value
$285,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,544
Avg. Annual Appreciation
10.92%

Purchase Details

Listed on
Oct 19, 2019
Closed on
Dec 6, 2019
Sold by
Oishi Toshio and Oishi Pamela S
Bought by
Bigs Properties 1 Llc
Seller's Agent
Mickey Lobb
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Spike Sands
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$90,000
Sold Price
$65,000
Premium/Discount to List
-$25,000
-27.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
880.63%

Purchase Details

Closed on
Mar 3, 2017
Sold by
Oishi Toshio and Oishi Pamela S
Bought by
Oishi Toshio and Oishi Pamela S
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
Emir Mehmet Fatih $162,000 Ocean Invstments Title Corp
Bigs Properties 1 Llc $65,000 Brennan Title Company
Oishi Toshio -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2020 04/29/20 Sold $162,000 -9.9% $188 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $179,900 +176.8% $209 / Sq Ft
12/06/2019 12/06/19 Sold $65,000 -27.8% $76 / Sq Ft View Prior Sale
10/19/2019 10/19/19 For Sale $90,000 -- $105 / Sq Ft
10/18/2019 10/18/19 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 $1,940 $149,067 $0 $0
2024 $1,940 $139,033 $0 $0
2023 $1,813 $129,000 $64,500 $64,500
2022 $1,813 $129,000 $64,500 $64,500
2021 $939 $129,000 $64,500 $64,500
2020 $1,823 $129,000 $64,500 $64,500
2019 $1,835 $129,000 $64,500 $64,500
2018 $1,817 $129,000 $64,500 $64,500
2017 $1,831 $129,000 $0 $0
2016 -- $129,000 $0 $0
2015 $1,909 $129,000 $0 $0
2014 $1,909 $129,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO112618

Bright MLS

APN: 10-059356