A
Seller's Agent in 2024
Andrea Scheidt
Engel & Völkers Annapolis
(410) 241-1754
3 in this area
51 Total Sales
6 50th St Unit 18 Ocean City, MD 21842
Estimated Value: $436,976 - $473,000
2
Beds
2
Baths
874
Sq Ft
$333/mo
HOA Fee
Highlights
- Home fronts navigable water
- Water Access
- Property is in excellent condition
- Ocean City Elementary School Rated A
- Furnished
- Heat Pump System
About This Home
As of December 2024PRICE IMPROVEMENT!! Welcome to your dream beach home in the heart of Ocean City! This beautifully maintained 2-bedroom, 2-bathroom condo offers stunning ocean and bay views, allowing you to enjoy breathtaking sunsets from the large patio. Located on the third floor, this end unit is bathed in natural light and features an open-concept design, perfect for entertaining and relaxation. Inside, you'll find luxury vinyl flooring throughout and accommodations for up to 8 guests, including a queen bed, two full beds, and a sleeper sofa with a memory foam mattress. The condo comes fully furnished and turn-key ready, complete with a new HVAC system installed in 2022. Situated near many restaurants, and popular attractions like Seacrets, ice cream shops, putt-putt golf, and a grocery store, this property is perfect as a year-round residence, vacation home, or investment property. With a strong rental history and a premiere host status on Airbnb, this condo is a proven income generator. Don’t miss this opportunity to own a slice of paradise in Ocean City!
Last Agent to Sell the Property
(410) 241-1754 andie.scheidt@evrealestate.com Engel & Völkers Annapolis License #652506 Listed on: 05/27/2024
Last Buyer's Agent
(443) 614-7048 mitchelldavid06@gmail.com Sheppard Realty Inc License #636139
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,894
Year Built
- Built in 1972
Lot Details
- Home fronts navigable water
- Property is in excellent condition
HOA Fees
- $333 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Dryvit Stucco
- Masonry
Interior Spaces
- 874 Sq Ft Home
- Property has 3 Levels
- Furnished
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Parking
- On-Street Parking
- Parking Lot
- Off-Street Parking
Outdoor Features
- Water Access
- Property is near an ocean
Utilities
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 18
- Assessor Parcel Number 2410071631
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, reserve funds
- Low-Rise Condominium
- Viking I Community
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2024
Closed on
Dec 13, 2024
Sold by
Gadola Lori
Bought by
Jordan Cathy Lee
Seller's Agent
Andrea Scheidt
Engel & Völkers Annapolis
Buyer's Agent
Mitchell David
Sheppard Realty Inc
List Price
$485,000
Sold Price
$455,000
Premium/Discount to List
-$30,000
-6.19%
Views
244
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
$494
Avg. Annual Appreciation
0.11%
Original Mortgage
$341,250
Outstanding Balance
$338,530
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$116,964
Purchase Details
Listed on
Apr 7, 2021
Closed on
May 12, 2021
Sold by
Roubal Edward J and Roubal Donna L
Bought by
Gadola Lori
Seller's Agent
Nancy Reither
Coldwell Banker Realty
Buyer's Agent
Carlie Archer
Keller Williams Realty Delmarva
List Price
$389,900
Sold Price
$362,500
Premium/Discount to List
-$27,400
-7.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Purchase Details
Listed on
Sep 26, 2019
Closed on
Dec 16, 2019
Sold by
Chlan Jonathan A and Chlan Deborah
Bought by
Roubal Edward J and Roubal Donna L
Seller's Agent
Katy Durham
Coldwell Banker Realty
Buyer's Agent
Nancy Reither
Coldwell Banker Residential Brokerage
List Price
$179,900
Sold Price
$269,000
Premium/Discount to List
$89,100
49.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.56%
Original Mortgage
$201,750
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 28, 2004
Sold by
Woodward William H
Bought by
Chlan Jonathan A and Chlan Deborah
Purchase Details
Closed on
Jun 14, 2000
Sold by
Woodward William H Trustee
Bought by
Woodward William H and Trustee
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 |
|---|---|---|---|
| Jordan Cathy Lee | $455,000 | Ocean Investments Title | |
| Jordan Cathy Lee | $455,000 | Ocean Investments Title | |
| Gadola Lori | $362,500 | Capitol Title Group | |
| Roubal Edward J | $269,000 | Mid Atlantic Setmnt Svcs Llc | |
| Chlan Jonathan A | $260,000 | -- | |
| Woodward William H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jordan Cathy Lee | $341,250 | |
| Closed | Jordan Cathy Lee | $341,250 | |
| Previous Owner | Roubal Edward J | $201,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $455,000 | -2.2% | $521 / Sq Ft | |
| 11/11/2024 11/11/24 | Pending | -- | -- | -- | |
| 10/21/2024 10/21/24 | Price Changed | $465,000 | -2.1% | $532 / Sq Ft | |
| 08/30/2024 08/30/24 | Price Changed | $475,000 | -2.1% | $543 / Sq Ft | |
| 05/27/2024 05/27/24 | For Sale | $485,000 | +33.8% | $555 / Sq Ft | |
| 05/13/2021 05/13/21 | Sold | $362,500 | -4.6% | $415 / Sq Ft | View Prior Sale |
| 04/15/2021 04/15/21 | Pending | -- | -- | -- | |
| 04/13/2021 04/13/21 | Price Changed | $379,900 | -2.6% | $435 / Sq Ft | |
| 04/07/2021 04/07/21 | For Sale | $389,900 | +44.9% | $446 / Sq Ft | |
| 12/16/2019 12/16/19 | Sold | $269,000 | -3.9% | $308 / Sq Ft | View Prior Sale |
| 11/08/2019 11/08/19 | Pending | -- | -- | -- | |
| 09/26/2019 09/26/19 | Price Changed | $279,900 | +55.6% | $320 / Sq Ft | |
| 09/26/2019 09/26/19 | For Sale | $179,900 | -- | $206 / 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 | $3,449 | $244,700 | $122,300 | $122,400 |
| 2022 | $3,410 | $242,667 | $0 | $0 |
| 2021 | $3,400 | $240,633 | $0 | $0 |
| 2020 | $3,371 | $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 | $3,367 | $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
-
Andrea Scheidt
-
Mitchell David
Buyer's Agent in 2024
Mitchell David
Sheppard Realty Inc
(443) 614-7048
111 in this area
146 Total Sales
-
Nancy Reither
Seller's Agent in 2021
Nancy Reither
Coldwell Banker Realty
(410) 603-5050
170 in this area
281 Total Sales
-
Carlie Archer
Buyer's Agent in 2021
Carlie Archer
Keller Williams Realty Delmarva
(443) 497-3646
5 in this area
5 Total Sales
-
Katy Durham
Seller's Agent in 2019
Katy Durham
Coldwell Banker Realty
(410) 726-2398
54 in this area
65 Total Sales
-
Katy Durham and Rick Meehan
Seller Co-Listing Agent in 2019
Katy Durham and Rick Meehan
Coldwell Banker Realty
(410) 726-2398
29 in this area
35 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2021070
APN: 10-071631
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