NOT LISTED FOR SALE

6 72nd St Unit 14 Ocean City, MD 21842

Estimated Value: $463,000 - $522,000

2 Beds
2 Baths
1,045 Sq Ft
$234/mo HOA Fee

Last Sold June 07, 2019

Last sale price $299,000 $286 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,161/month

12 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Water Access
  • Ocean City Elementary School Rated A
  • Beach
  • Open Floorplan

About This Home

As of June 2019

OPEN HOUSE: Saturday, April 20th 11-1 :00pm. Come see this BIG 2 bedroom, 2 bath DIRECT oceanfront condo located mid-town. Sold FULLY FURNISHED! What I LOVE about this condo is the mid-town location! Near some of the BEST restaurants in town! Close to a grocery store (Acme on 94th street) and convenient location to route 90. I also LOVE the HUGE balcony that steps down onto the beach. Large living area, separate laundry room/storage. Large 2nd bedroom. AND priced @ $300K, it's an Ocean City, Oceanfront BEST BUY! Current owners recently replaced HVAC and, hot water heater and washer/dryer. Unit comes w/ AHS 1 year warranty, covering the mechanical systems and ALL appliances.

Last Agent to Sell the Property

Mia McCarthy

(443) 497-0182 mia.mccarthy@kw.com Keller Williams Realty Delmarva Listed on: 04/15/2019

Keller Williams Realty Delmarva

Last Buyer's Agent

Brad King

(443) 987-3736 brad@bradkingrealtor.com Real Estate Professionals, Inc. License #637576

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,374

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Ground Rent

HOA Fees

  • $234 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Piling Construction
  • Masonry

Interior Spaces

  • 1,045 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Carpet
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Water Access
  • Property is near an ocean

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 8850
  • Assessor Parcel Number 10-083362

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds
  • Mid-Rise Condominium
  • Spinnaker Condos
  • Spinnaker Community

Amenities

  • Common Area
  • 1 Elevator

Recreation

  • Beach

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,374

Year Built

Built in 1974

Lot Details

0

HOA Fees

$234 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Flat, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Ocean Front, Window Treatments
  • Elevators Count: 1
  • Foundation Details: Pilings
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1, Laundry, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1045
  • Living Area Sq Ft: 1045
  • Price Per Sq Ft: 287.08
  • Above Grade Finished Sq Ft: 1045
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Brick, Concrete, Masonry
  • Exterior Features: Street Lights
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Asphalt Driveway
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 701.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Spinnaker
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Elevator, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Soil Types: Sandy
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: Yes
  • Lease Considered: No
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5403936
  • Tax Annual Amount: 3374.00
  • Assessor Parcel Number: 10-083362
  • Tax Lot: 8850
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jun 5, 2019
Sold by
Nenni Kathleen and Nenni David
Bought by
Credence Funding Corporation
Seller's Agent
Mia McCarthy
Keller Williams Realty Delmarva
Buyer's Agent
Brad King
Real Estate Professionals, Inc.
List Price
$300,000
Sold Price
$299,000
Premium/Discount to List
-$1,000
-0.33%
Current Estimated Value
$482,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,587
Avg. Annual Appreciation
7.64%

Purchase Details

Closed on
Apr 5, 2016
Sold by
Nenni Kathleen
Bought by
Nenni James and Nenni David

Purchase Details

Closed on
Apr 12, 1988
Sold by
Stevens Herman J
Bought by
Brown Robert F and Brown Jeanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
10.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Credence Funding Corporation $299,000 Goldstar Title Company
Nenni James -- Attorney
Brown Robert F $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Robert F $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2019 06/07/19 Sold $299,000 -0.3% $286 / Sq Ft
04/27/2019 04/27/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $300,000 -- $287 / 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 $4,656 $341,000 $0 $0
2024 $4,034 $289,100 $0 $0
2023 $3,334 $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 $3,128 $239,600 $0 $0
2014 $3,128 $226,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO105360

Bright MLS

APN: 10-083362