NOT LISTED FOR SALE

5605 Atlantic Ave Unit 302 Ocean City, MD 21842

Ocean City Area

Estimated Value: $690,000 - $863,649

3 Beds
2 Baths
1,444 Sq Ft
1989 Built

Sale Details

Date Sold: August 16, 2023

Last sale price $770,000 $533 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,719 / mo

28 Days on Market

Highlights

  • Ocean Front
  • Coastal Architecture
  • Community Pool
  • Ocean City Elementary School Rated A
  • Furnished
  • Elevator

About This Home

As of August 2023

Just what you have been looking for....Gorgeous unobstructed Ocean Views from this Direct Oceanfront masonry 3 Bedroom, 2 Bath luxury condo with over 1.400 sq ft of living space plus large covered oceanfront balcony. 3rd Floor location is the premium building location with views of the beach , ocean and sky from every level in the unit. Ocean One offers resort style living, directly on the beach, mid-town at 57th street, outdoor pool, ground level outdoor shower, elevator, 2 parking spaces and secure storage room. New HVAC system, storm shutters, upgraded bathrooms, direct Ocean front Master bedroom with access to balcony. Fantastic location with a short distance to restaurants, entertainment and amusement. Excellent rental . This condo is a Must See .

Last Agent to Sell the Property

Jay Phillips

(410) 524-7700 jmilko@holidayoc.com Holiday Real Estate Listed on: 06/22/2023

Last Buyer's Agent

Jennifer Ciorrocco

(443) 552-7579 joe@coastallifeoc.com Coastal Life Realty Group LLC License #676479

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,327

Year Built

  • Built in 1989

Lot Details

  • Ocean Front
  • Property is in very good condition

HOA Fees

  • $652 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Parking Lot

Home Design

  • Coastal Architecture
  • Entry on the 3rd floor
  • Masonry

Interior Spaces

  • 1,444 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • ENERGY STAR Qualified Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 302
  • Assessor Parcel Number 2410321743

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pest control, pool(s), reserve funds, trash
  • Mid-Rise Community
  • Ocean One Community
  • Property Manager

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,327

Year Built

Built in 1989

Lot Details

0 Sq Ft Lot

HOA Fees

$652 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Coastal
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Few personal items
  • Inclusions: Fully Furnished Washer and Dryer
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Electric, Energy Star Clothes Washer, Energy Star Refrigerator, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1444
  • Living Area Sq Ft: 1444
  • Price Per Sq Ft: 553.95
  • Above Grade Finished Sq Ft: 1444
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Masonry
  • View: Ocean
  • 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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1956.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Elevator, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pest Control, Pool(s), Reserve Funds, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 7327.00
  • Assessor Parcel Number: 2410321743
  • Tax Lot: 302
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 16, 2023
Sold by
Bought by
Seller's Agent
Jay Phillips
Holiday Real Estate
Buyer's Agent
Jennifer Ciorrocco
Coastal Life Realty Group LLC
List Price
$799,900
Sold Price
$770,000
Premium/Discount to List
-$29,900
-3.74%
Views
359
Current Estimated Value
$789,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,162
Avg. Annual Appreciation
0.83%

Purchase Details

Closed on
Apr 16, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 9, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 1989
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
$770,000 Community Title Network
-- --
-- --
$227,900 --
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
Previous Owner $418,900
Previous Owner $200,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
08/16/2023 08/16/23 Sold $770,000 -3.7% $533 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $799,900 -- $554 / Sq Ft
Source: Bright MLS

Tax 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.

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 $9,201 $673,800 $0 $0
2024 $8,328 $596,800 $0 $0
2023 $7,305 $519,800 $363,800 $156,000
2022 $7,305 $519,800 $363,800 $156,000
2021 $7,345 $519,800 $363,800 $156,000
2020 $8,263 $584,800 $409,300 $175,500
2019 $8,216 $577,567 $0 $0
2018 $8,033 $570,333 $0 $0
2017 $7,954 $563,100 $0 $0
2016 -- $527,967 $0 $0
2015 $6,758 $492,833 $0 $0
2014 $6,758 $457,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jay Phillips

    Seller's Agent in 2023

    Jay Phillips

    Holiday Real Estate

    (410) 726-8631

    117 Total Sales

    Jay Phillips
    Section Image
  • Jennifer Ciorrocco

    Buyer's Agent in 2023

    Jennifer Ciorrocco

    Coastal Life Realty Group LLC

    (302) 236-8131

    52 Total Sales

    Jennifer Ciorrocco
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2014718

Bright MLS

APN: 10-321743

Maryland Worcester County Ocean City 21842

5605 Atlantic Ave Unit 302, Ocean City, MD

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