NOT LISTED FOR SALE

6 72nd St Unit 55 Ocean City, MD 21842

Estimated Value: $470,000 - $563,000

2 Beds
2 Baths
1,075 Sq Ft
$230/mo HOA Fee

Last Sold August 19, 2022

Last sale price $435,000 $405 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,319/month

5 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Ocean View
  • Sandy Beach
  • Ocean City Elementary School Rated A
  • Beach
  • Public Water Access

About This Home

As of August 2022

Spend the day with your toes in the sand or on your board in the surf and get your resting beach face on! Good times and tan lines await you in this mid-town oceanfront condo. Experience a peaceful sunrise from your private 24’ balcony. Fabulous ocean and bay views from this 2 bedroom/2 bath top floor unit can be yours to enjoy while summer is here! Then cruise into fall with Sunfest, Endless Summer Cruisin’ and OCtoberfest. Life takes you down many paths, but the best ones lead to the beach!

Last Agent to Sell the Property

Trey Weitzel - The Weitzel Team

Long & Foster Real Estate, Inc. License #RSR004407 Listed on: 08/04/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Terry Jane Jones

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,342

Year Built

  • Built in 1974

Lot Details

  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • Ground Rent of $540 semi-annually

HOA Fees

  • $230 Monthly HOA Fees

Property Views

  • Ocean
  • Bay
  • Panoramic

Home Design

  • Penthouse
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 1,075 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Sliding Doors
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Home Security

Parking

  • Assigned parking located at #55
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Balcony

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 2410083222

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, reserve funds
  • Mid-Rise Condominium
  • Spinnaker Community
  • Property has 5 Levels

Amenities

  • Common Area
  • Elevator

Recreation

  • Beach
  • Fishing Allowed

Pet Policy

  • Pets Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,342

Year Built

Built in 1974

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Ownership: Ground Rent
  • Exclusions: Personal Items - List
  • Historic: No
  • Inclusions: Fully furnished
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-08-05
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Assigned Parking Space Numbers: 55
  • Automatically Close On Close Date: No
  • Remarks Public: Spend the day with your toes in the sand or on your board in the surf and get your resting beach face on! Good times and tan lines await you in this mid-town oceanfront condo. Experience a peaceful sunrise from your private 24’ balcony. Fabulous ocean and bay views from this 2 bedroom/2 bath top floor unit can be yours to enjoy while summer is here! Then cruise into fall with Sunfest, Endless Summer Cruisin’ and OCtoberfest. Life takes you down many paths, but the best ones lead to the beach!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 5
  • Interior Amenities: Floor Plan - Open
  • Fireplace: No
  • Door Features: Sliding Glass, Storm
  • Levels Count: 5
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1075
  • Living Area Sq Ft: 1075
  • Price Per Sq Ft: 446.51
  • Above Grade Finished Sq Ft: 1075
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6

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: Brick, Masonry
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Built-Up, Flat
  • View: Ocean, Panoramic, Water, Bay
  • Water Access Features: Fishing Allowed, Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 690.69
  • Condo Co-Op Fee Frequency: Quarterly
  • 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, Reserve Funds
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No

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: U
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2022
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 540.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5403924
  • Tax Annual Amount: 3342.00
  • Assessor Parcel Number: 2410083222
  • Tax Lot: 55
  • Tax Total Finished Sq Ft: 1075
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/19/2022

Multi Family

  • Federal Flood Zone: VE
  • Income Expense List: Annual Ground Rent
  • 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
Aug 4, 2022
Closed on
Aug 19, 2022
Sold by
Adams Jr Robert W
Bought by
Thulasiram Subramani and Thulasiram Rekha
Seller's Agent
Trey Weitzel - The Weitzel Team
Long & Foster Real Estate, Inc.
Buyer's Agent
Terry Jane Jones
Compass
List Price
$480,000
Sold Price
$435,000
Premium/Discount to List
-$45,000
-9.38%
Views
7
Current Estimated Value
$505,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,435
Avg. Annual Appreciation
4.92%
Source: Public Records

Range of Values:

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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
Thulasiram Subramani $435,000 Bright Arlette K
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $435,000 -9.4% $405 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $480,000 -- $447 / 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 $4,015 $338,967 $0 $0
2024 $4,015 $287,733 $0 $0
2023 $3,324 $236,500 $165,500 $71,000
2022 $3,324 $236,500 $165,500 $71,000
2021 $3,342 $236,500 $165,500 $71,000
2020 $3,354 $236,500 $165,500 $71,000
2019 $3,364 $236,500 $165,500 $71,000
2018 $3,331 $236,500 $165,500 $71,000
2017 $3,647 $258,000 $0 $0
2016 -- $256,900 $0 $0
2015 $3,560 $255,800 $0 $0
2014 $3,560 $254,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Trey Weitzel - The Weitzel Team

    Seller's Agent in 2022

    Trey Weitzel - The Weitzel Team

    Long & Foster

    (410) 913-4716

    8 in this area

    106 Total Sales

    Section Image

  • T

    Buyer's Agent in 2022

    Terry Jane Jones

    Compass

    (410) 430-0821

    27 in this area

    54 Total Sales

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Map

Source: Bright MLS

MLS Number: MDWO2009488

Bright MLS

APN: 10-083222

Maryland Worcester County Ocean City 21842

6 72nd St Unit 55, Ocean City, MD

This home is located at 6 72nd St Unit 55, Ocean City, MD 21842 since 04 August 2022 and is currently estimated at $505,435, approximately $470 per square foot. This property was built in 1974. 6 72nd St Unit 55 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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