Seller's Agent in 2021
Mary MCCracken
Mary McCracken Realty, Inc
(410) 430-7302
86 in this area
94 Total Sales
6 50th St Unit 14 Ocean City, MD 21842
Estimated Value: $436,000 - $501,000
2
Beds
2
Baths
874
Sq Ft
$250/mo
HOA Fee
Highlights
- Ocean View
- Oceanside
- Coastal Architecture
- Ocean City Elementary School Rated A
- Open Floorplan
- Deck
About This Home
As of September 2021AMAZING OCEAN VIEWS!!! Lovely 2bed/2bath condo just steps to the beach at 50th St with lovely southern exposure and wide open views to the ocean and pretty peaks of the bay. Nicely updated kitchen and baths with new cabinetry and flooring. Perfect location in mid town OC with easy access to the beach, wonderful restaurants and OC's Boardwalk. Fabulous concrete building with large deck. Loads of building renovations including new vinyl windows, exterior and roof. One Assigned Parking plus 3 additional open spots and Tons of street parking too. Don't miss the opportunity to buy into Ocean City's Best Building at the Beach!
Last Agent to Sell the Property
(410) 430-7302 mary.mccracken@lnf.com Mary McCracken Realty, Inc Listed on: 08/11/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,429
Year Built
- Built in 1972
Lot Details
- Backs To Open Common Area
- South Facing Home
- Cleared Lot
- Property is in excellent condition
HOA Fees
- $250 Monthly HOA Fees
Property Views
- Ocean
- Bay
Home Design
- Coastal Architecture
- Entry on the 3rd floor
- Built-Up Roof
Interior Spaces
- 874 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Furnished
- Ceiling Fan
- Double Pane Windows
- Window Treatments
- Family Room Off Kitchen
- Dining Area
Kitchen
- Country Kitchen
- Electric Oven or Range
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Electric Dryer
- Washer
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
- 1 Assigned Parking Space
Outdoor Features
- Oceanside
- Deck
- Exterior Lighting
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 10-070929
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, reserve funds
- 18 Units
- Low-Rise Condominium
- Viking I Condos
- Viking I Community
Amenities
- Common Area
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2021
Closed on
Sep 27, 2021
Sold by
Decker B Mark B and Decker Kathleen D
Bought by
Schaech Joan
Seller's Agent
Mary MCCracken
Mary McCracken Realty, Inc
Buyer's Agent
Katy Durham
Coldwell Banker Realty
List Price
$395,000
Sold Price
$370,000
Premium/Discount to List
-$25,000
-6.33%
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
$91,528
Avg. Annual Appreciation
5.40%
Original Mortgage
$296,000
Outstanding Balance
$269,924
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$191,604
Purchase Details
Closed on
Jan 17, 2002
Sold by
Schum Scott W and Schum Constance C
Bought by
Decker B Mark B and Decker Kathleen D
Purchase Details
Closed on
Aug 1, 1996
Sold by
Giesenhaus William F and Giesenhaus Mary T
Bought by
Schum Scott W and Schum Constance C
Purchase Details
Closed on
Apr 28, 1986
Sold by
Pool Norris W and Pool Judy K
Bought by
Giesenhaus William F and Giesenhaus Mary T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
9.86%
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 |
|---|---|---|---|
| Schaech Joan | $370,000 | Title Resources Guarantee Co | |
| Decker B Mark B | $176,000 | -- | |
| Schum Scott W | $96,000 | -- | |
| Giesenhaus William F | $93,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schaech Joan | $296,000 | |
| Previous Owner | Giesenhaus William F | $74,400 | |
| Closed | Schum Scott W | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/27/2021 09/27/21 | Sold | $370,000 | -2.6% | $423 / Sq Ft |
| 08/28/2021 08/28/21 | Pending | -- | -- | -- |
| 08/26/2021 08/26/21 | Price Changed | $380,000 | -3.8% | $435 / Sq Ft |
| 08/11/2021 08/11/21 | For Sale | $395,000 | -- | $452 / 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 | $4,256 | $311,700 | $0 | $0 |
| 2024 | $3,882 | $278,200 | $0 | $0 |
| 2023 | $3,439 | $244,700 | $122,300 | $122,400 |
| 2022 | $3,410 | $242,667 | $0 | $0 |
| 2021 | $3,400 | $240,633 | $0 | $0 |
| 2020 | $3,289 | $238,600 | $119,300 | $119,300 |
| 2019 | $3,299 | $231,900 | $0 | $0 |
| 2018 | $3,172 | $225,200 | $0 | $0 |
| 2017 | $3,102 | $218,500 | $0 | $0 |
| 2016 | -- | $218,500 | $0 | $0 |
| 2015 | $3,367 | $218,500 | $0 | $0 |
| 2014 | $3,367 | $218,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mary MCCracken
-
Katy Durham
Buyer's Agent in 2021
Katy Durham
Coldwell Banker Realty
(410) 726-2398
54 in this area
65 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2001412
APN: 10-070929
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