NOT LISTED FOR SALE

Adagio 5901 Atlantic Ave Unit 211 Ocean City, MD 21842

Ocean City Area

Estimated Value: $644,531 - $675,000

3 Beds
3 Baths
1,540 Sq Ft
2002 Built

Sale Details

Date Sold: March 8, 2024

Last sale price $625,000 $406 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,953 / mo

125 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Public Beach
  • Ocean City Elementary School Rated A
  • Water Access
  • Fitness Center

About This Home

As of March 2024

Welcome to Adagio #211, a luxurious mid-town condominium offering the perfect blend of comfort and convenience! Situated right in the heart of Ocean City's vibrant atmosphere, this condo is just steps away from the beach and surrounded by a plethora of amenities.

This immaculate 3-bedroom, 3-full bath unit is tastefully furnished in beach chic décor, providing a welcoming and relaxing ambiance. The kitchen has been completely updated with granite countertops, brand-new stainless steel appliances, a pantry, and a bar for additional seating. It seamlessly opens to the living area, allowing you to enjoy the fireplace or the refreshing ocean breeze on the balcony.

Adagio #211 boasts a large master suite with a spacious bathroom featuring a shower and soaking tub, a walk-in closet, and private French doors that lead to a private balcony. The entire unit is in well above average condition, ensuring a comfortable and stylish living experience.

The Adagio Condominium itself is meticulously maintained and offers a range of amenities, including an indoor pool open year-round, an exercise room, and a recreation area for those rainy summer days. The unit has seen over $31,000 in improvements in recent years, and sales comps are available within the documents.

For those considering this property as an investment, there's a consistent rental income of $55,000 to $60,000 over the past three years. Whether you're seeking a primary residence or a vacation home, Adagio #211 is a must-see, providing a perfect blend of coastal luxury and prime location. Schedule your viewing to experience this exceptional condominium for yourself!

Last Agent to Sell the Property

Nicholas Preziosi

(410) 524-1700 nicholas.preziosi@gmail.com Long & Foster Real Estate, Inc. License #RS-0038512 Listed on: 10/06/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Tony Golden

(410) 524-7000 oceancity@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,535

Year Built

  • Built in 2002

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Public Beach
  • South Facing Home
  • Property is in excellent condition

HOA Fees

  • $853 Monthly HOA Fees

Parking

  • Tuck Under Parking
  • 2 Assigned Parking Garage Spaces
  • On-Street Parking

Property Views

  • City

Home Design

  • Coastal Architecture
  • Entry on the 2nd floor
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,540 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Dining Area
  • Indoor Spa
  • Flood Lights

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Electric Dryer
  • ENERGY STAR Qualified Washer

Pool

  • Heated Spa
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Multiple Balconies
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Air Filtration System
  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • High-Efficiency Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Windows

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 211
  • Assessor Parcel Number 2410396298

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), recreation facility, insurance, reserve funds
  • Low-Rise Community
  • Adagio Condos
  • Adagio Community
  • Property Manager

Amenities

  • Common Area
  • Elevator

Recreation

  • Beach
  • Fitness Center
  • Community Indoor Pool
  • Community Pool or Spa Combo
  • Heated Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,535

Year Built

Built in 2002

Lot Details

0 Sq Ft Lot

HOA Fees

$853 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: Furnished As Shown
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-10-07
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Stainless Steel Appliances, Built-In Microwave, Disposal, Dryer - Electric, Energy Efficient Appliances, Energy Star Refrigerator, Energy Star Dishwasher, Energy Star Clothes Washer, Exhaust Fan, Oven/Range - Electric, Water Heater - High-Efficiency
  • Entry Floor: 2
  • Flooring Type: Luxury Vinyl Plank, Carpet, Ceramic Tile
  • Interior Amenities: Air Filter System, Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Crown Moldings, Dining Area, Elevator, Entry Level Bedroom, Flat, Floor Plan - Open, Kitchen - Gourmet, Pantry, Recessed Lighting, Primary Bath(s), Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments
  • Window Features: Energy Efficient, Insulated, Screens, Sliding
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1540
  • Living Area Sq Ft: 1540
  • Price Per Sq Ft: 422.08
  • Above Grade Finished Sq Ft: 1540
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Concrete
  • Exterior Features: Exterior Lighting, Flood Lights, Gutter System, Outside Shower, Sidewalks
  • Roof: Metal
  • Spa Features: Heated, Indoor
  • Spa: Yes
  • View: Ocean, City
  • Water Access Features: Public Beach
  • 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: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Under Home Parking
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage, On Street
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2560.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Adagio
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Elevator, Exercise Room, Pool - Indoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Recreation Facility, Insurance, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Heated, Concrete, Indoor, Pool/Spa Combo

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Excellent
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 56000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5535.00
  • Assessor Parcel Number: 2410396298
  • Tax Lot: 211
  • 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
Oct 6, 2023
Closed on
Mar 8, 2024
Sold by
Bought by
Seller's Agent
Nicholas Preziosi
Long & Foster Real Estate, Inc.
Buyer's Agent
Tony Golden
Berkshire Hathaway HomeServices PenFed Realty
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Views
201
Current Estimated Value
$657,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,633
Avg. Annual Appreciation
2.13%

Purchase Details

Listed on
Jul 1, 2018
Closed on
Jun 4, 2019
Sold by
Bought by
Seller's Agent
Tracy Zell
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael Nolen
Atlantic Shores Sotheby's International Realty
List Price
$424,500
Sold Price
$395,000
Premium/Discount to List
-$29,500
-6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
Original Mortgage
$250,000
Interest Rate
0.041%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
0.0364%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
0.0336%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$625,000 Capitol Title
$395,000 Mid Atlantic Setmnt Svcs Llc
$413,500 Maryland Title Service Corp
$379,000 Resort Land Title & Escrow L
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 $250,000
Previous Owner $268,000
Previous Owner $254,000
Previous Owner $39,000
Previous Owner $417,000
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 Prior Sale
03/08/2024 03/08/24 Sold $625,000 -3.8% $406 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
10/06/2023 10/06/23 For Sale $650,000 +64.6% $422 / Sq Ft
06/04/2019 06/04/19 Sold $395,000 -6.4% $256 / Sq Ft View Prior Sale
05/11/2019 05/11/19 Pending -- -- --
03/30/2019 03/30/19 Price Changed $422,000 -0.6% $274 / Sq Ft
07/01/2018 07/01/18 For Sale $424,500 -- $276 / 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 $5,867 $429,633 $0 $0
2024 $5,737 $411,167 $0 $0
2023 $5,519 $392,700 $274,800 $117,900
2022 $5,519 $392,700 $274,800 $117,900
2021 $5,549 $392,700 $274,800 $117,900
2020 $5,548 $392,700 $274,800 $117,900
2019 $5,433 $381,900 $0 $0
2018 $5,227 $371,100 $0 $0
2017 $5,115 $360,300 $0 $0
2016 -- $360,300 $0 $0
2015 $5,803 $360,300 $0 $0
2014 $5,803 $369,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Preziosi

    Seller's Agent in 2024

    Nicholas Preziosi

    Long & Foster

    (410) 251-0637

    67 Total Sales

    Nicholas Preziosi
    Section Image
  • Tony Golden

    Buyer's Agent in 2024

    Tony Golden

    BHHS PenFed (actual)

    (443) 783-0249

    142 Total Sales

    Tony Golden
    Section Image
  • Carol Proctor

    Buyer Co-Listing Agent in 2024

    Carol Proctor

    BHHS PenFed (actual)

    (443) 567-0650

    431 Total Sales

    Carol Proctor
    Section Image
  • Tracy Zell

    Seller's Agent in 2019

    Tracy Zell

    Long & Foster

    (410) 924-2857

    206 Total Sales

    Tracy Zell
    Section Image
  • Michael Nolen

    Buyer's Agent in 2019

    Michael Nolen

    Atlantic Shores Sotheby's International Realty

    (410) 390-2032

    15 Total Sales

    Michael Nolen
    Section Image
See All Agents

About Adagio

Map

Source: Bright MLS

MLS Number: MDWO2016832

Bright MLS

APN: 10-396298

Maryland Worcester County Ocean City 21842

5901 Atlantic Ave Unit 211, Ocean City, MD

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