NOT LISTED FOR SALE

The Meridian 6 60th St Unit 306 Ocean City, MD 21842

Estimated Value: $905,000 - $1,171,000

4 Beds
3.5 Baths
1,973 Sq Ft
$550/mo HOA Fee

Last Sold March 26, 2021

Last sale price $840,000 $426 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,992/month

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Heated Community Pool
  • Ocean City Elementary School Rated A
  • Furnished
  • Meeting Room

About This Home

As of March 2021

WOW, Come check this out, 4 bedrooms 3/12 baths elevated 3rd floor great view, Unique Floor plan with 2 balconies , one off the living room and Master Bedroom, and a side balcony off the kitchen for outdoor dining building ammenities include large outdoor pool, Professional fitness facility, along with an oweners meeting/party room

Last Agent to Sell the Property

Dan Clayland

(410) 726-5108 dclayland@cbmove.com Coldwell Banker Realty Listed on: 09/07/2020

Coldwell Banker Realty

Last Buyer's Agent

Shawn Kotwica

(724) 840-0572 shawn.kotwica@cbmove.com Coldwell Banker Realty License #653192

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,780

Year Built

  • Built in 2007

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,973 Sq Ft Home
  • Property has 1 Level
  • Furnished

Kitchen

  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Halls are 36 inches wide or more
  • Flood Risk

Listing and Financial Details

  • Tax Lot 306
  • Assessor Parcel Number 10-758653

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), recreation facility, reserve funds, water
  • Mid-Rise Condominium
  • The Meridian Community

Amenities

  • Meeting Room
  • Party Room

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,780

Year Built

Built in 2007

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-09-07
  • Federal Flood Zone: Yes
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: WOW, Come check this out, 4 bedrooms 3/12 baths elevated 3rd floor great view, Unique Floor plan with 2 balconies , one off the living room and Master Bedroom, and a side balcony off the kitchen for outdoor dining building ammenities include large outdoor pool, Professional fitness facility, along with an oweners meeting/party room
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Disposal, Dryer, Dryer - Electric, Exhaust Fan, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 3
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1973
  • Living Area Sq Ft: 1973
  • Price Per Sq Ft: 430.77
  • Above Grade Finished Sq Ft: 1973
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • 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: 550.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Fitness Center, Meeting Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Heated

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5436536
  • Tax Annual Amount: 8780.00
  • Assessor Parcel Number: 10-758653
  • Tax Lot: 306
  • Tax Total Finished Sq Ft: 1973
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/26/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2020
Closed on
Mar 26, 2021
Sold by
Okolowicz Todd K and Okolowicz Nicole M
Bought by
Lawrence Thomas A and Lawrence Holly S
Seller's Agent
Dan Clayland
Coldwell Banker Realty
Buyer's Agent
Shawn Kotwica
Coldwell Banker Realty
List Price
$899,900
Sold Price
$840,000
Premium/Discount to List
-$59,900
-6.66%
Current Estimated Value
$1,060,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,567
Avg. Annual Appreciation
5.28%
Original Mortgage
$548,250
Outstanding Balance
$410,750
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$649,817

Purchase Details

Closed on
May 24, 2012
Sold by
Nassau Development Md Llc
Bought by
Okolowicz Todd K and Okolowicz Nicole M
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
Lawrence Thomas A $840,000 Bridge Ttl & Stlmt Svcs Llc
Okolowicz Todd K $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Thomas A $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $840,000 -1.2% $426 / Sq Ft
12/23/2020 12/23/20 Price Changed $849,900 -5.6% $431 / Sq Ft
11/11/2020 11/11/20 For Sale $899,900 0.0% $456 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
09/07/2020 09/07/20 For Sale $899,900 -- $456 / 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 $9,561 $749,000 $0 $0
2024 $9,561 $685,200 $0 $0
2023 $8,733 $621,400 $434,900 $186,500
2022 $8,733 $621,400 $434,900 $186,500
2021 $8,781 $621,400 $434,900 $186,500
2020 $8,780 $621,400 $434,900 $186,500
2019 $8,840 $621,400 $434,900 $186,500
2018 $8,752 $621,400 $434,900 $186,500
2017 $8,822 $621,400 $0 $0
2016 $8,168 $621,400 $0 $0
2015 $8,168 $621,400 $0 $0
2014 $8,168 $621,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dan Clayland

    Coldwell Banker Realty

    (410) 726-5108

    42 in this area

    63 Total Sales

    Dan Clayland
    Section Image
  • Shawn Kotwica

    Buyer's Agent in 2021

    Shawn Kotwica

    Coldwell Banker Realty

    (724) 840-0572

    123 in this area

    239 Total Sales

    Shawn Kotwica
    Section Image
  • Inna Kotwica

    Buyer Co-Listing Agent in 2021

    Inna Kotwica

    Coldwell Banker Realty

    (443) 365-6297

    20 in this area

    47 Total Sales

    Inna Kotwica
    Section Image
See All Agents

About The Meridian

Map

Source: Bright MLS

MLS Number: MDWO116500

Bright MLS

APN: 10-758653

Maryland Worcester County Ocean City 21842

6 60th St Unit 306, Ocean City, MD

This home is located at 6 60th St Unit 306, Ocean City, MD 21842 since 07 September 2020 and is currently estimated at $1,060,567, approximately $537 per square foot. This property was built in 2007. 6 60th St Unit 306 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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