Seller's Agent in 2021
Candi Noyes
Coldwell Banker Realty
(410) 524-1203
78 in this area
99 Total Sales
5707 Atlantic Ave Unit 3 Ocean City, MD 21842
Estimated Value: $1,022,000 - $1,308,000
5
Beds
4.5
Baths
1,620
Sq Ft
$729/Sq Ft
Est. Value
Highlights
- Ocean Front
- Primary bedroom faces the ocean
- Open Floorplan
- Ocean City Elementary School Rated A
- Beach
- Coastal Architecture
About This Home
As of February 2021SOLID CONSTRUCTION, DIRECT OCEANFRONT 5 BEDROOM 4 BATH TOWNHOME WITH PANORAMIC VIEWS OF OCEAN FROM THREE OCEANFRONT DECKS AND TWO BAYSIDE. Fully furnished and turnkey. ATTN INVESTORS: Already 55K on the books for 2021. NO CONDO FEES! Fully furnished, redone for year round living. Plumbing was relocated inside home to make this usable year-round residence. Located in desirable mid town area close to restaurants, night life and the wide sandy beach at 58th street. Fantastic unobstructed panoramic views from all oceanfront decks. Tight community of owners take pride in maintaining this classic town-home development. Some recent improvements: First Level: Floor entirely replaced with commercial covering (faux wood finish) in 2018-19 Bathroom completely renovated and includes a heater. South wall reconstructed down to studs, increased insulation, custom-made cabinets and drawers, new counter top, sink, small refrigerator, electrical upgrades to accommodate new mini kitchen and electronics. (2016 2019) 3 new bed frames 2019 2 new mattresses 2020 New air conditioner 2019 Custom Verti-Glide privacy screen for glass door Second Level: Replaced carpet 2018-2019 Kitchen/Dining Room completely gutted (2014 ? 2016) Living room : Increased insulation in south wall Upgraded electric to include new outlets, Merrilat custom built cabinets and drawers, New tile on south wall, New custom storage cabinets on north wall, New granite counter-top, New Stainless appliances, new floor base and tile floor covering entire kitchen and dining room wall to wall. (Unique to #3, other units did not do this, although some have started to renovate like this.) Bedroom 1 off kitchen level: Custom Verti-Glide screen on glass door for privacy and insulation Bathroom enlarged, and remodeled in about 2008. Shower enlarged, toilet was moved, as was the vanity and sink. New sink, vanity, and cabinet installed. New heater installed. Third Level: Back bedroom: Bathroom completey remodeled New tub, tile walls and increased insulation. New fan and heater New lights New custom-made vanity, mirror, and lights Ocean Front bedroom : New furniture (2017-2018) New mattress (2020) New carpeting (2019) Bayside bedroom: Owners Closet installed 2015 Pyramid beds 2018 (Top twin mattresses 2018) New carpeting 2019 Fourth Level: Bathroom partially renovated, sink, shower, toilet Kitchenette area new custom cabinet, counters, sink, portable stand for appliances New carpeting 2019 Double sofa converts to a single bed Must see this property to appreciate! Don't delay
Last Agent to Sell the Property
(410) 524-1203 candi@candinoyes.com Coldwell Banker Realty Listed on: 11/29/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $9,270
Year Built
- Built in 1966
Property Views
- Ocean
- Bay
- Panoramic
Home Design
- Coastal Architecture
- Flat Roof Shape
- Stick Built Home
Interior Spaces
- 1,620 Sq Ft Home
- Property has 4 Levels
- Open Floorplan
- Ceiling Fan
- Window Treatments
- Family Room Off Kitchen
- Living Room
- Dining Area
- Den
- Carpet
Kitchen
- Oven
- Built-In Range
- Built-In Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- Primary bedroom faces the ocean
Laundry
- Laundry Room
- Laundry on lower level
- Electric Dryer
- Washer
Parking
- 1 Parking Space
- 1 Attached Carport Space
Outdoor Features
- Balcony
- Deck
- Porch
Utilities
- Central Air
- Back Up Electric Heat Pump System
- Electric Water Heater
- Municipal Trash
- Phone Available
- Cable TV Available
Additional Features
- Doors are 32 inches wide or more
- Ocean Front
- Flood Risk
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 10-074819
Community Details
Overview
- Property has a Home Owners Association
- Beach Colony CM Condos
- Built by Whaley
- Beach Colony Community
Recreation
- Beach
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2020
Closed on
Feb 19, 2021
Sold by
Lansing Laurence G and Engel Joanne E
Bought by
Scott Robert Howard
Seller's Agent
Candi Noyes
Coldwell Banker Realty
Buyer's Agent
Candi Noyes
Coldwell Banker Realty
List Price
$1,020,000
Sold Price
$950,000
Premium/Discount to List
-$70,000
-6.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,696
Avg. Annual Appreciation
4.62%
Original Mortgage
$500,000
Outstanding Balance
$446,808
Interest Rate
2.65%
Mortgage Type
Commercial
Estimated Equity
$734,888
Purchase Details
Closed on
Dec 21, 1999
Sold by
Smith Donald L
Bought by
Lansing Laurence G and Engel Joanne E
Purchase Details
Closed on
Nov 12, 1992
Sold by
Warfield Robert E and Margaret Ann
Bought by
Smith Donald L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,144
Interest Rate
8.29%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Scott Robert Howard | $950,000 | Ocean Investments Title Corp | |
| Lansing Laurence G | $280,000 | -- | |
| Smith Donald L | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Scott Robert Howard | $500,000 | |
| Previous Owner | Smith Donald L | $220,144 | |
| Closed | Lansing Laurence G | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/19/2021 02/19/21 | Sold | $950,000 | -6.9% | $586 / Sq Ft |
| 01/07/2021 01/07/21 | Pending | -- | -- | -- |
| 11/29/2020 11/29/20 | For Sale | $1,020,000 | -- | $630 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $11,098 | $812,700 | $0 | $0 |
| 2024 | $10,248 | $734,400 | $0 | $0 |
| 2023 | $9,221 | $656,100 | $459,200 | $196,900 |
| 2022 | $9,221 | $656,100 | $459,200 | $196,900 |
| 2021 | $9,271 | $656,100 | $459,200 | $196,900 |
| 2020 | $9,026 | $656,100 | $459,200 | $196,900 |
| 2019 | $9,085 | $656,100 | $459,200 | $196,900 |
| 2018 | $9,005 | $656,100 | $459,200 | $196,900 |
| 2017 | $8,893 | $656,100 | $0 | $0 |
| 2016 | $8,029 | $638,267 | $0 | $0 |
| 2015 | $8,029 | $620,433 | $0 | $0 |
| 2014 | $8,029 | $602,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Candi Noyes
-
Michael Noyes
Seller Co-Listing Agent in 2021
Michael Noyes
Coldwell Banker Realty
(410) 251-8967
50 in this area
62 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO118648
APN: 10-074819
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