NOT LISTED FOR SALE

6 42nd St Unit 302 Ocean City, MD 21842

Estimated Value: $338,336 - $374,000

1 Bed
2 Baths
750 Sq Ft
$168/mo HOA Fee

Last Sold June 02, 2021

Last sale price $271,000 $361 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,334/month

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • Furnished
  • Ocean City Elementary School Rated A
  • Coastal Architecture
  • Electric Baseboard Heater

About This Home

As of June 2021

Ocean Side 1 Bedroom 2 Bath condo with fantastic ocean view. Southern exposure balcony. elevator.

Last Agent to Sell the Property

Jamie Caine

(410) 726-0725 jamiecocmd@gmail.com Coldwell Banker Realty License #52321 Listed on: 04/26/2021

Coldwell Banker Realty

Last Buyer's Agent

Nicholas Preziosi

(410) 251-0637 nicholas.preziosi@gmail.com Long & Foster Real Estate, Inc. License #RS-0038512

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,416

Year Built

  • Built in 1987

Lot Details

  • Building is oceanfront but unit may not have water views
  • Property is in very good condition

HOA Fees

  • $168 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Coastal Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 750 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 302
  • Assessor Parcel Number 10-311012

Community Details

Overview

  • Association fees include insurance, management
  • Mid-Rise Condominium
  • Sea Haven Community

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,416

Year Built

Built in 1987

Lot Details

0

HOA Fees

$168 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Coastal
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Picture Over Sofa
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furniture
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Ocean Side 1 Bedroom 2 Bath condo with fantastic ocean view. Southern exposure balcony. elevator.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 750
  • Living Area Sq Ft: 750
  • Price Per Sq Ft: 333.32
  • Above Grade Finished Sq Ft: 750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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: Block
  • Spa: No
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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: 504.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Insurance, Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5423547
  • Tax Annual Amount: 2416.00
  • Assessor Parcel Number: 10-311012
  • Tax Lot: 302
  • Tax Total Finished Sq Ft: 750
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/02/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 2, 2021
Sold by
Mccabe Lucille S
Bought by
Yuksel Recep and Yuksel Aysegul
Seller's Agent
Jamie Caine
Coldwell Banker Realty
Buyer's Agent
Nicholas Preziosi
Long & Foster Real Estate, Inc.
List Price
$249,990
Sold Price
$271,000
Premium/Discount to List
$21,010
8.4%
Current Estimated Value
$358,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,334
Avg. Annual Appreciation
6.55%
Original Mortgage
$162,600
Outstanding Balance
$123,456
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$234,878

Purchase Details

Closed on
Oct 25, 1988
Sold by
Seahaven Associates
Bought by
Mccabe Lucille S
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Yuksel Recep $271,000 Lawyers Trust Title Company
Mccabe Lucille S $92,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuksel Recep $162,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2021 06/02/21 Sold $271,000 +8.4% $361 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $249,990 -- $333 / 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
2025 $3,441 $252,000 $0 $0
2024 $2,951 $211,500 $0 $0
2023 $2,403 $171,000 $85,500 $85,500
2022 $2,403 $171,000 $85,500 $85,500
2021 $2,416 $171,000 $85,500 $85,500
2020 $2,425 $171,000 $85,500 $85,500
2019 $2,433 $171,000 $85,500 $85,500
2018 $2,408 $171,000 $85,500 $85,500
2017 $2,272 $171,000 $0 $0
2016 -- $160,000 $0 $0
2015 $2,088 $149,000 $0 $0
2014 $2,088 $138,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO121986

Bright MLS

APN: 10-311012