P
Seller's Agent in 2019
Paul Chambers
Coldwell Banker Realty
(443) 235-6938
2 in this area
3 Total Sales
6 72nd St Unit 12 Ocean City, MD 21842
Estimated Value: $463,000 - $521,000
2
Beds
2
Baths
1,045
Sq Ft
$233/mo
HOA Fee
Highlights
- Ocean View
- Active Adult
- Furnished
- Access to Tidal Water
- Waterfront
- 1 Elevator
About This Home
As of April 2019Direct oceanfront, 1st floor unit with views of the ocean over the protective dune. Very easy beach access. Just walk out from your 30' porch. No need for elevator or stairs. Move in ready. Bathrooms and kitchen recently upgraded. Sold furnished. Beach chairs included. Strong condo association with moderate fees and ample reserves. An ideal vacation condo that has good rental potential. Includes one year AHS Home warranty. Property being sold in Fee Simple. No Ground Rent. Assigned parking space is #12. Building has 6 additional spaces available.
Last Agent to Sell the Property
(443) 235-6938 paulchambers@verizon.net Coldwell Banker Realty Listed on: 03/10/2019
Last Buyer's Agent
Grace Masten
(443) 614-3901 grace@northbeachrealtors.com Sea Grace of North Beach, Realtors License #MRIS:3003224
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,374
Year Built
- Built in 1974
Lot Details
- Waterfront
- Two or More Common Walls
- 6 additional spaces available to owners on 1st come 1st serve basis.
- Property is in good condition
HOA Fees
- $233 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Flat Roof Shape
- Brick Exterior Construction
- Masonry
Interior Spaces
- 1,045 Sq Ft Home
- Property has 1 Level
- Furnished
- Sliding Doors
- Ceramic Tile Flooring
- Ocean Views
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Electric Dryer
- Washer
Home Security
Parking
- Parking Lot
- 1 Assigned Parking Space
Outdoor Features
- Outdoor Shower
- Access to Tidal Water
- Water Oriented
- Property is near an ocean
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Back Up Electric Heat Pump System
- 120/240V
- Propane
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Additional Features
- More Than Two Accessible Exits
- Energy-Efficient Windows
- Flood Risk
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 8850
- Assessor Parcel Number 10-082730
Community Details
Overview
- Active Adult
- Association fees include common area maintenance, exterior building maintenance
- Mid-Rise Condominium
- Built by Spinnaker
- Spinnaker Community
- Property Manager
Additional Features
- 1 Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2019
Closed on
Apr 29, 2019
Sold by
Molnar Michael A and Molnar Shirley M
Bought by
Dye Chad W
Seller's Agent
Paul Chambers
Coldwell Banker Realty
Buyer's Agent
Grace Masten
Sea Grace of North Beach, Realtors
List Price
$319,900
Sold Price
$295,000
Premium/Discount to List
-$24,900
-7.78%
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
$187,079
Avg. Annual Appreciation
7.71%
Original Mortgage
$236,000
Outstanding Balance
$207,492
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$274,587
Purchase Details
Closed on
Dec 14, 2012
Sold by
Haney Timothy C and Haney Angela M
Bought by
Molnar Michael A and Molnar Shirley M
Purchase Details
Closed on
Aug 18, 2009
Sold by
Hough John M and Hough Rita
Bought by
Haney Timothy C and Haney Anglea M
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 |
|---|---|---|---|
| Dye Chad W | $295,000 | Dba Real Estate T&E | |
| Molnar Michael A | $279,000 | Title Resources Guaranty Com | |
| Haney Timothy C | $275,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dye Chad W | $236,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/29/2019 04/29/19 | Sold | $295,000 | -7.8% | $282 / Sq Ft |
| 03/10/2019 03/10/19 | For Sale | $319,900 | -- | $306 / 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 | $4,656 | $341,000 | $0 | $0 |
| 2024 | $4,034 | $289,100 | $0 | $0 |
| 2023 | $3,344 | $237,200 | $166,000 | $71,200 |
| 2022 | $3,334 | $237,200 | $166,000 | $71,200 |
| 2021 | $3,352 | $237,200 | $166,000 | $71,200 |
| 2020 | $3,351 | $237,200 | $166,000 | $71,200 |
| 2019 | $3,374 | $237,200 | $166,000 | $71,200 |
| 2018 | $3,341 | $237,200 | $166,000 | $71,200 |
| 2017 | $3,585 | $265,400 | $0 | $0 |
| 2016 | -- | $252,500 | $0 | $0 |
| 2015 | $3,185 | $239,600 | $0 | $0 |
| 2014 | $3,185 | $226,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Chambers
-
G
Buyer's Agent in 2019
Grace Masten
Sea Grace of North Beach, Realtors
Map
Source: Bright MLS
MLS Number: MDWO104006
APN: 10-082730
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