$320,000
SOLD AUG 21, 2020

Sandpiper Dunes Condominium 5801 Atlantic Ave Unit 401 Ocean City, MD 21842

2 Beds
2 Baths
1,018 Sq Ft
$330/mo HOA Fee

Recently Sold

$314 Per Sq Ft

Highlights

  • Beach
  • Home fronts navigable water
  • Contemporary Architecture
  • Ocean City Elementary School Rated A
  • Water Access
  • Community Pool

About This Home

As of July 2024

Wonderful Ocean Front building in the Sandpiper Dunes community. Well maintained building with elevator and private parking. Enjoy the beautiful beach, or relax in the outdoor pool. The unit sleeps 6 and has a great balcony with ocean and bay view. Furnishings are included.

Last Agent to Sell the Property

Terri Kulp

Coldwell Banker Chesapeake Real Estate Company License #RS-0026123 Listed on: 07/06/2020

Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Chris Jett

RE/MAX Advantage Realty License #RS-0019287

RE/MAX Advantage Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 1984

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,018 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Outdoor Features

  • Water Access
  • Property is near an ocean

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Home fronts navigable water
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 401
  • Assessor Parcel Number 10-257247

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, pool(s), snow removal, trash, water
  • High-Rise Condominium
  • Sandpiper Dunes Community

Amenities

  • Elevator

Recreation

  • Beach

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,010

Year Built

Built in 1984

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: Wonderful Ocean Front building in the Sandpiper Dunes community. Well maintained building with elevator and private parking. Enjoy the beautiful beach, or relax in the outdoor pool. The unit sleeps 6 and has a great balcony with ocean and bay view. Furnishings are included.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1018
  • Living Area Sq Ft: 1018
  • Price Per Sq Ft: 314.34
  • Above Grade Finished Sq Ft: 1018
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5801

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: Brick
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 991.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Beach, Elevator, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Pool(s), Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5418772
  • Tax Annual Amount: 4010.00
  • Assessor Parcel Number: 10-257247
  • Tax Lot: 401
  • Tax Total Finished Sq Ft: 1018
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/21/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Jul 26, 2024
Sold by
Yeager David J and Yeager Cynthia S
Bought by
Bowen Jarrett T and Bowen Stephenie E
Seller's Agent
Chris Jett
RE/MAX Advantage Realty
Buyer's Agent
Mary Jo Cole
Keller Williams Realty
List Price
$549,000
Sold Price
$550,000
Premium/Discount to List
$1,000
0.18%
Views
61
Current Estimated Value
$589,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,583
Avg. Annual Appreciation
7.12%
Original Mortgage
$300,000
Outstanding Balance
$296,803
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$292,780

Purchase Details

Closed on
Dec 22, 1998
Sold by
Nancy Choate
Bought by
Ebersole Barry L

Purchase Details

Closed on
Sep 4, 1984
Sold by
Harrison Inn Fifty-Eight Limited
Bought by
Choate Dale E and Choate Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
14.38%
Source: Public Records

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Range of Values:

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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 $550,000 Maryland Title
Deed $138,500 --
Deed $109,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $320,000 Unknown
Previous Owner $256,000 New Conventional
Previous Owner $85,000 No Value Available
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $550,000 +0.2% $540 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $549,000 +71.6% $539 / Sq Ft
08/21/2020 08/21/20 Sold $320,000 0.0% $314 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $320,000 -- $314 / 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 $5,056 $362,367 $0 $0
2023 $4,505 $319,600 $223,700 $95,900
2022 $4,315 $307,033 $0 $0
2021 $4,161 $294,467 $0 $0
2020 $3,983 $281,900 $197,300 $84,600
2019 $3,895 $273,767 $0 $0
2018 $3,741 $265,633 $0 $0
2017 $3,632 $257,500 $0 $0
2016 -- $255,800 $0 $0
2015 $3,801 $254,100 $0 $0
2014 $3,801 $252,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO114940

Bright MLS

APN: 10-257247