NOT LISTED FOR SALE

Estimated Value: $1,031,000 - $1,259,000

3 Beds
3 Baths
1,741 Sq Ft
$682/mo HOA Fee

Last Sold August 28, 2024

Last sale price $1,250,000 $718 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,991/month

43 Days on Market

Highlights

  • 600 Feet of Waterfront
  • Ocean View
  • Access to Tidal Water
  • Ocean City Elementary School Rated A
  • Primary bedroom faces the ocean
  • Sandy Beach

About This Home

As of August 2024

Welcome to the casually elegant lifestyle at The Meridian, your luxury oceanfront sanctuary where dreams seamlessly blend with reality. If location and luxury are paramount, then this meticulously maintained, fully-furnished 3-bedroom, 3-bath oceanfront condo, complete with breathtaking views and oversized balcony (249 square feet), is designed to inspire. Witness dramatic sunrises and enjoy easy access to the beach. Immerse yourself in the local culture with award-winning restaurants, charming local shops, and a plethora of fun-filled activities just a stone's throw away. This tastefully designed condo offers a seamless, open design perfect for both entertaining and unwinding. This one level living space features a gourmet kitchen equipped with top-of-the-line stainless steel appliances and a spacious living/dining area. The light and airy floor plan, coupled with majestic views of the ocean, will make every moment a joy to savor.

It's all here with a resort lifestyle, secure elevator, private storage for easy access beach essentials, covered parking, off street parking, outdoor pool with a large sun deck, fitness center, community room with a kitchen, and much more. Total square footage is 2022 square feet with the finished areas, balcony, and storage.

Last Agent to Sell the Property

Gail Mitkoff

(301) 467-5161 gailm@kw.com Keller Williams Realty License #RS0036768 Listed on: 06/22/2024

Keller Williams Realty

Last Buyer's Agent

DeAnna Caracci

(610) 944-2807 dreamhomeswithdeanna@gmail.com EXP Realty, LLC License #RS367894

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,085

Year Built

  • Built in 2007

Lot Details

  • Sandy Beach
  • Public Beach
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $682 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Lighted Parking
  • Parking Lot

Property Views

  • Panoramic

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 1st floor
  • Flat Roof Shape
  • Dryvit Stucco
  • Masonry

Interior Spaces

  • 1,741 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Sliding Windows
  • Open Floorplan
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Six Burner Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer

Home Security

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Exterior Lighting
  • Wrap Around Porch

Schools

  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Dispenser
  • Electric Water Heater
  • Public Septic
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 2410758556

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, pool(s), reserve funds, lawn maintenance, taxes
  • Building Winterized
  • Paradise Management Condos
  • Built by The Meridian
  • The Meridian Community
  • Property Manager
  • Property has 6 Levels

Amenities

  • Common Area
  • Community Storage Space
  • 1 Elevator

Recreation

  • Fishing Allowed

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,085

Year Built

Built in 2007

Lot Details

0

HOA Fees

$682 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Unit/Flat, Contemporary, Coastal
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Personal items in drawers and closets and staging items (pillows in the living room and outside), artificial green plants, driftwood outside, and plates on the dining room table.
  • Historic: No
  • Inclusions: Full furnished except for a few exclusions.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Welcome to the casually elegant lifestyle at The Meridian, your luxury oceanfront sanctuary where dreams seamlessly blend with reality. If location and luxury are paramount, then this meticulously maintained, fully-furnished 3-bedroom, 3-bath oceanfront condo, complete with breathtaking views and oversized balcony (249 square feet), is designed to inspire. Witness dramatic sunrises and enjoy easy access to the beach. Immerse yourself in the local culture with award-winning restaurants, charming local shops, and a plethora of fun-filled activities just a stone's throw away. This tastefully designed condo offers a seamless, open design perfect for both entertaining and unwinding. This one level living space features a gourmet kitchen equipped with top-of-the-line stainless steel appliances and a spacious living/dining area. The light and airy floor plan, coupled with majestic views of the ocean, will make every moment a joy to savor. It's all here with a resort lifestyle, secure elevator, private storage for easy access beach essentials, covered parking, off street parking, outdoor pool with a large sun deck, fitness center, community room with a kitchen, and much more. Total square footage is 2022 square feet with the finished areas, balcony, and storage.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Water Dispenser, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Elevator, Entry Level Bedroom, Kitchen - Gourmet, Pantry, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Bathroom - Soaking Tub, Sprinkler System, Bathroom - Stall Shower, Bathroom - Tub Shower, Window Treatments
  • Window Features: Sliding
  • Fireplace: No
  • Elevators Count: 1
  • Levels Count: 6
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 1741
  • Living Area Sq Ft: 1741
  • Price Per Sq Ft: 761.06
  • Above Grade Finished Sq Ft: 1741
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6

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: Dryvit, Masonry
  • Exterior Features: Exterior Lighting
  • Roof: Flat
  • Spa: No
  • View: Water, Ocean, Panoramic
  • Water Access Features: Fishing Allowed, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 600

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Lighted Parking
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot, Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Fire Detection System, Main Entrance Lock, Sprinkler System - Indoor
  • Sewer/Septic System: Public Septic
  • Utilities: Cable Tv, Water Available, Electric Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2047.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Paradise Management
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Extra Storage, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Lawn Maintenance, Taxes
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Wrap Around
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: R
  • In City Limits: No

Building Info

  • Builder Name: The Meridian

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 11085.00
  • Assessor Parcel Number: 2410758556
  • Tax Lot: 202
  • Tax Total Finished Sq Ft: 1635
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/28/2024

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2024
Closed on
Aug 28, 2024
Sold by
Lusby Walter Kevin and Lusby Claudia
Bought by
Schmidt Timothy and Schmidt Jessica Beamer
Seller's Agent
Gail Mitkoff
Keller Williams Realty
Buyer's Agent
DeAnna Caracci
EXP Realty, LLC
List Price
$1,325,000
Sold Price
$1,250,000
Premium/Discount to List
-$75,000
-5.66%
Views
134
Current Estimated Value
$1,188,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,941
Avg. Annual Appreciation
-4.48%

Purchase Details

Closed on
Jul 27, 2013
Sold by
Rubino David J and Rubino Jean A
Bought by
Lusby Walter Kevin and Lusby Claudia

Purchase Details

Closed on
Nov 24, 2009
Sold by
Nassau Development Md Llc
Bought by
Rubino David J and Rubino Jean A
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Schmidt Timothy $1,250,000 Lakeside Title
Schmidt Timothy $1,250,000 Lakeside Title
Lusby Walter Kevin $799,000 None Available
Rubino David J $735,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $1,250,000 -5.7% $718 / Sq Ft
08/04/2024 08/04/24 Pending -- -- --
06/22/2024 06/22/24 For Sale $1,325,000 -- $761 / 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 $11,817 $907,400 $0 $0
2024 $11,817 $846,900 $0 $0
2023 $11,085 $786,400 $550,400 $236,000
2022 $11,052 $786,400 $550,400 $236,000
2021 $11,113 $786,400 $550,400 $236,000
2020 $11,023 $786,400 $550,400 $236,000
2019 $11,055 $777,133 $0 $0
2018 $10,815 $767,867 $0 $0
2017 $10,414 $758,600 $0 $0
2016 -- $733,533 $0 $0
2015 $8,299 $708,467 $0 $0
2014 $8,299 $683,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2021650

Bright MLS

APN: 10-758556