NOT LISTED FOR SALE

6 72nd St Unit 57 Ocean City, MD 21842

Estimated Value: $427,249 - $513,000

2 Beds
2 Baths
1,045 Sq Ft
$274/mo HOA Fee

Last Sold June 18, 2020

Last sale price $292,000 $279 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,037/month

211 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Carpet
  • Ocean City Elementary School Rated A
  • Central Air
  • Heat Pump System

About This Home

As of June 2020

Top floor west end unit in masonry and brick elevator building in great mid town location. This well cared for 2 bedroom 2 bath condo is spacious and bright, with an updated kitchen and nice ocean views.

Last Agent to Sell the Property

Timothy Meadowcroft

(800) 992-7777 timothy.meadowcroft@lnf.com Long & Foster Real Estate, Inc. License #Rs0016409 Listed on: 10/04/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Crystal Smith

(410) 490-6346 crystal.m.smith@mail.com RE/MAX Executive

RE/MAX Executive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,271

Year Built

  • Built in 1974

Lot Details

  • Home fronts navigable water
  • Ground Rent
  • Property is in good condition

HOA Fees

  • $274 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Flat Roof Shape
  • Built-Up Roof
  • Piling Construction
  • Masonry

Interior Spaces

  • 1,045 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • On-Street Parking
  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Access
  • Property is near an ocean

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Trash

Community Details

  • Association fees include exterior building maintenance, insurance
  • Mid-Rise Condominium
  • Spinnaker Community

Listing and Financial Details

  • Tax Lot 8850
  • Assessor Parcel Number 10-083117

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,271

Year Built

Built in 1974

Lot Details

0

HOA Fees

$274 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: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1974
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 5
  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1045
  • Living Area Sq Ft: 1045
  • Price Per Sq Ft: 286.99
  • 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: Masonry
  • Roof: Built-Up, Flat
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot, On Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3285.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5403914
  • Tax Annual Amount: 3271.00
  • Assessor Parcel Number: 10-083117
  • Tax Lot: 8850
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

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
Oct 4, 2019
Closed on
Jun 15, 2020
Sold by
Bullington Irma A
Bought by
Smith Crystal
Seller's Agent
Timothy Meadowcroft
Long & Foster Real Estate, Inc.
Buyer's Agent
Crystal Smith
RE/MAX Executive
List Price
$319,900
Sold Price
$292,000
Premium/Discount to List
-$27,900
-8.72%
Current Estimated Value
$460,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,312
Avg. Annual Appreciation
8.68%
Original Mortgage
$262,800
Outstanding Balance
$232,952
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$227,360

Purchase Details

Closed on
May 3, 1982
Sold by
Peeler Joseph G
Bought by
Bullington William R and Bullington Irma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
16.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Smith Crystal $292,000 The Atlantic Title Group
Bullington William R $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Crystal $262,800
Previous Owner Bullington William R $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2020 06/18/20 Sold $292,000 -2.6% $279 / Sq Ft
05/02/2020 05/02/20 Pending -- -- --
04/20/2020 04/20/20 Price Changed $299,900 -3.2% $287 / Sq Ft
04/02/2020 04/02/20 Price Changed $309,900 -2.5% $297 / Sq Ft
03/04/2020 03/04/20 Price Changed $317,900 -0.6% $304 / Sq Ft
10/04/2019 10/04/19 For Sale $319,900 -- $306 / 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 $4,100 $300,233 $0 $0
2024 $3,699 $265,067 $0 $0
2023 $3,241 $229,900 $160,900 $69,000
2022 $3,231 $229,900 $160,900 $69,000
2021 $3,249 $229,900 $160,900 $69,000
2020 $2,541 $229,900 $160,900 $69,000
2019 $2,510 $229,900 $160,900 $69,000
2018 $3,541 $229,900 $160,900 $69,000
2017 $2,397 $250,800 $0 $0
2016 -- $249,733 $0 $0
2015 -- $248,667 $0 $0
2014 $1,812 $247,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO109606

Bright MLS

APN: 10-083117