$651,000
SOLD NOV 4, 2024

Constellation House 5201 Atlantic Ave Unit 402 Ocean City, MD 21842

2 Beds
2 Baths
1,096 Sq Ft
$469/mo HOA Fee

Recently Sold

$594 Per Sq Ft

4 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Balcony
  • Ocean City Elementary School Rated A
  • Furnished
  • Recessed Lighting

About This Home

As of November 2024

FANTASTIC Ocean Views!! Terrific two bedroom, two bath direct oceanfront condo located on the fourth floor. The condo was recently renovated. New kitchen, bathrooms, floors, appliances, and furniture. You will love the views from the balcony while sitting in the composite patio furniture and when not there just close the storm shutters. The condo is being sold fully furnished and ready for you to move into. Condo offers plenty of storage. Conveniently located close to restaurants and shopping.

Last Agent to Sell the Property

Dawn Holloway

Coldwell Banker Bud Church Realty,Inc. License #505925 Listed on: 10/01/2024

Coldwell Banker Bud Church Realty,Inc.

Last Buyer's Agent

Grant Fritschle

Keller Williams Realty Delmarva License #RA0020779

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,905

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • Property is in excellent condition

HOA Fees

  • $469 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,096 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Outdoor Shower
  • Balcony

Location

  • Flood Risk

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 2410204402

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, reserve funds
  • 1 Elevator
  • Mid-Rise Condominium
  • Constellation House Community
  • Property Manager

Pet Policy

  • Pets Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,905

Year Built

Built in 1980

Lot Details

0

HOA Fees

$469 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Exclusions: personal items, bench in master bedroom, Ocean City pictures in hallway
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: FANTASTIC Ocean Views!! Terrific two bedroom, two bath direct oceanfront condo located on the fourth floor. The condo was recently renovated. New kitchen, bathrooms, floors, appliances, and furniture. You will love the views from the balcony while sitting in the composite patio furniture and when not there just close the storm shutters. The condo is being sold fully furnished and ready for you to move into. Condo offers plenty of storage. Conveniently located close to restaurants and shopping.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Oven/Range - Electric, Stove, Refrigerator, Washer - Front Loading, Water Heater
  • Entry Floor: 4
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Carpet, Combination Dining/Living, Dining Area, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Window Treatments
  • Fireplace: No
  • Door Features: Storm
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1096
  • Living Area Sq Ft: 1096
  • Price Per Sq Ft: 592.97
  • Above Grade Finished Sq Ft: 1096
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5201

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: Stucco
  • Exterior Features: Outside Shower
  • Road Surface Type: Paved
  • Roof: Built-Up
  • Spa: No
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Paved Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5628.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Reserve Funds
  • 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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5905.00
  • Assessor Parcel Number: 2410204402
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 11/04/2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Nov 4, 2024
Sold by
Gary And Mary Prevatt Living Trust and Prevatt Gary
Bought by
Pomicter Gregory Ryan and Pomiciter Jennifer L
Seller's Agent
Dawn Holloway
Coldwell Banker Bud Church Realty,Inc.
Buyer's Agent
Grant Fritschle
Keller Williams Realty Delmarva
List Price
$649,900
Sold Price
$651,000
Premium/Discount to List
$1,100
0.17%
Views
9
Current Estimated Value
$659,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,525
Avg. Annual Appreciation
1.82%
Original Mortgage
$520,800
Outstanding Balance
$518,221
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$141,304

Purchase Details

Closed on
Feb 14, 2024
Sold by
Prevatt Gary L and Prevatt Mary J
Bought by
Gary & Mary Prevatt Living Trust and Prevatt

Purchase Details

Closed on
Jun 12, 2017
Sold by
Traver Jeffrey L
Bought by
Prevatt Gary L and Prevatt Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 1999
Sold by
Pool Norris Wayne and Pool Judy Kay
Bought by
Travers Orlis Anne

Purchase Details

Closed on
Jun 17, 1981
Sold by
Seaside Associates
Bought by
Pool Norris Wayne and Judy Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Interest Rate
16.69%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $651,000 Fidelity National Title
Deed -- None Listed On Document
Deed $345,000 Acquest Title Svcs Inc
Deed $178,000 --
Deed $73,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,800 New Conventional
Previous Owner $248,000 New Conventional
Previous Owner $258,750 New Conventional
Previous Owner $58,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $651,000 +0.2% $594 / Sq Ft
10/05/2024 10/05/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $649,900 -- $593 / 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
2024 $5,887 $421,900 $0 $0
2023 $5,066 $360,500 $252,300 $108,200
2022 $5,066 $360,500 $252,300 $108,200
2021 $5,094 $360,500 $252,300 $108,200
2020 $5,094 $360,500 $252,300 $108,200
2019 $5,128 $360,500 $252,300 $108,200
2018 $5,077 $360,500 $252,300 $108,200
2017 $5,294 $374,800 $0 $0
2016 -- $346,667 $0 $0
2015 $4,919 $318,533 $0 $0
2014 $4,919 $290,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2025974

Bright MLS

APN: 10-204402