NOT LISTED FOR SALE

5602 Coastal Hwy Unit 14A 2/PH 1 TAMARINDO Ocean City, MD 21842

4 Beds
3.5 Baths
3,250 Sq Ft
$400/mo HOA Fee

Last Sold October 09, 2020

Last sale price $485,000 $149 Per Sq Ft

54 Days on Market

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • Coastal Architecture
  • Ocean City Elementary School Rated A
  • Open Floorplan
  • Bamboo Flooring

About This Home

As of October 2020

One of the most popular areas in the Resort, mid-island, low-density beach, easier traffic light intersection access to the Complex and safer crossing of Coastal Highway. Southern exposure 3-Level design, 4 bedrooms, 3 1/2 baths, double attached Garage provides an abundance of secure storage for bikes, beach gear, covered parking. Ocean and Bay views from 2 over-sized porches. #14A is a Corner Condo, 1 of 2 in this phase: center quad outdoor pool, paver driveway, composite siding, long-life metal roofing, vinyl railings and fencing, composite stairs and decking, cast foundation crawl space with flood vents, insulated garage door with opener, semi-solid raised panel interior doors, tiled Baths, 9' living area ceilings, vaulted top floor ceilings, elevated Kitchen with solid surface counter tops, full-sized Laundry appliances, skylight, ceiling fans, custom wall murals, interior safety sprinkler system; 6 Buildings for a total of 20 Units. Updated: carpet, all mattresses (except Bunks), HVAC, Refrigerator, Water Heater, vertical blinds. Rental: 2019 @ $35,100 gross with 3 Owner Holds, mid May until mid October; 2020 @ $4,059-$4,452 weekly prime rate, potential for increase to $45k-$50k with sholder week rentals. Pre-Inspected plus 1-year enhanced Home Warranty. RE Taxes @ $475/month, Condo Fee @ $400/month, paid in quarterly installments; no Special Assessments at time of listing date. Note: tax assessment records list as 1,620 sqft, recorded design plat listed as 3,250 sqft.

Last Agent to Sell the Property

Joy Isenberg Snyder

(410) 723-3600 joy@joysnyder.com RE/MAX Advantage Realty Listed on: 07/14/2020

RE/MAX Advantage Realty

Last Buyer's Agent

Mary Jo Cole

(443) 615-4986 maryjo516@yahoo.com Keller Williams Realty License #642245

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,698

Year Built

  • Built in 2004

Lot Details

  • Building is oceanfront but unit may not have water views
  • South Facing Home
  • Vinyl Fence
  • Extensive Hardscape
  • Sprinkler System
  • Property is in good condition

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Garage Door Opener
  • Shared Driveway
  • Surface Parking
  • Secure Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Foundation Flood Vent
  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Concrete Perimeter Foundation
  • HardiePlank Type

Interior Spaces

  • 3,250 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Double Hung Windows
  • Sliding Windows
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Insulated Doors
  • Combination Dining and Living Room
  • Crawl Space
  • Non-Monitored Security
  • Attic

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Outdoor Shower
  • Multiple Balconies
  • Exterior Lighting
  • Outdoor Storage
  • Porch

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Property is used as a vacation rental
  • Tax Lot 2
  • Assessor Parcel Number 10-426510

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), reserve funds, road maintenance, snow removal, water
  • Tamarindo Condominium Association Condos
  • Built by COMMONWEALTH LAND DEVELOPMENT, INC.
  • 4 Bedroom Design
  • Tamarindo Community
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Fenced around community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,698

Year Built

Built in 2004

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
  • Ownership: Condominium
  • Exclusions: ITEMIZED INVENTORY PROVIDED - NO NOTED EXCLUSIONS.
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: ITEMIZED INVENTORY PROVIDED.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Bamboo, Carpet, Ceramic Tile, Partially Carpeted
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Sprinkler System, Upgraded Countertops, Window Treatments, Attic, Skylight(s), Stall Shower, Tub Shower, Wood Floors
  • Window Features: Double Hung, Double Pane, Insulated, Screens, Skylights, Sliding, Vinyl Clad
  • Fireplace: No
  • Door Features: Double Entry, Insulated, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter, Flood Vent, Slab, Other, Crawl Space
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Upper Floor, Washer In Unit
  • Total Sq Ft: 3250
  • Living Area Sq Ft: 3250
  • Price Per Sq Ft: 146.15
  • Above Grade Finished Sq Ft: 3250
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Hardiplank Type
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outside Shower, Secure Storage, Sidewalks, Street Lights
  • Road Surface Type: Alley, Black Top, Paved
  • Roof: Pitched, Metal
  • Spa: No
  • View: Bay, Ocean, Street, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway, Private, Secure Parking, Shared Driveway, Surface, Under Home Parking
  • Garage Features: Additional Storage Area, Garage - Rear Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Fire Detection System, Main Entrance Lock, Non-Monitored, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1200.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: TAMARINDO CONDOMINIUM ASSOCIATION
  • HOA Condo Co-Op Amenities: Common Grounds, Fencing, Non-Subdivision, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Vinyl
  • Improvement Assessed Value: 201600.00
  • Land Assessed Value: 201600.00
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple, Balcony, Porch(es)
  • Property Condition: Good
  • Soil Types: Sandy
  • Zoning: R3
  • Zoning Description: RESIDENTIAL APPLICATION
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: COMMONWEALTH LAND DEVELOPMENT, INC.

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis, Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Total Actual Rent: 35100.00
  • Vacation Rental: Yes
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5431912
  • Tax Annual Amount: 5698.23
  • Assessor Parcel Number: 10-426510
  • Tax Lot: 2
  • Tax Page Number: 333
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Federal Flood Zone: X

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $485,000 +2.1% $149 / Sq Ft
09/06/2020 09/06/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $475,000 -- $146 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO114858

Bright MLS