Seller's Agent in 2021
Celeste Dodson
Berkshire Hathaway HomeServices PenFed Realty-WOC
(443) 235-3834
23 in this area
53 Total Sales
6 7th St Unit 604 Ocean City, MD 21842
Estimated Value: $810,000 - $898,000
3
Beds
3
Baths
1,642
Sq Ft
$933/mo
HOA Fee
Highlights
- Ocean Front
- Water Access
- Open Floorplan
- Ocean City Elementary School Rated A
- Fitness Center
- Traditional Architecture
About This Home
As of June 2021PRIME LOCATION!! TAKE ADVANTAGE OF THIS RARE OPPORTUNITY to own a much sought after ocean front building located on the Ocean City boardwalk with high income producing potential. Absolutely pristine south facing unit with incredible ocean and bay views!!. This 3 bedroom 3 full bath unit has it all; brand new hvac unit installed in December, 2020, open and spacious floor plan, gourmet kitchen with granite countertops and ss appliances, 10 ft ceilings, crown molding, decorator furnished, custom paint, gas fire place, access to the spacious balcony from the master bedroom and living area. Secure building, owners storage locker (#33) just steps away from the unit, indoor pool with panoramic bay open bay views, out door pool overlooks the ocean and boardwalk, fitness center just a few steps away,, gated garage, two assigned parking spaces (#31 and #32) are located on the second floor of the parking garage right next to guest parking spaces. Unit shows great pride of ownership! Unit 605 is also for sale, so if you're in search of two units side- by -side for an investment or if family members want to own units next to each other please contact listing agent for details. Buyers to honor existing rentals on both units. As of 3/18/2021 both units have a total of over $97,000 in rental income booked on them and they're both still booking. Great investment opportunity. Take advantage of the all time low interest rates now being offered and own your dream place at the beach in time for this summer. Virtual showings are available. Don't miss out on this one.
Last Agent to Sell the Property
(443) 235-3834 Ceyainoc@comcast.net Berkshire Hathaway HomeServices PenFed Realty-WOC License #576050 Listed on: 03/22/2020
Last Buyer's Agent
(646) 644-7173 dan.ohare.homes@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #654308
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,288
Year Built
- Built in 2006
Lot Details
- Ocean Front
- Home fronts navigable water
- Two or More Common Walls
- North Facing Home
- Sprinkler System
- Property is in very good condition
HOA Fees
- $933 Monthly HOA Fees
Home Design
- Traditional Architecture
- Entry on the 6th floor
- Dryvit Stucco
- Asphalt
Interior Spaces
- 1,642 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Crown Molding
- Ceiling height of 9 feet or more
- 1 Fireplace
- Window Treatments
- Sliding Doors
- Dining Area
Kitchen
- Electric Oven or Range
- Range Hood
- Built-In Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Flooring
- Tile or Brick
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Bathroom
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Electric Dryer
- Washer
Home Security
Parking
- Assigned parking located at ##31 and #32 located on 2nd floor of parking garage
- Paved Parking
- Off-Street Parking
- 2 Assigned Parking Spaces
- Secure Parking
Outdoor Features
- Outdoor Shower
- Water Access
- Property is near an ocean
- Balcony
- Exterior Lighting
- Outdoor Storage
Location
- Flood Risk
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
- Phone Available
- Cable TV Available
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 604
- Assessor Parcel Number 10-749948
Community Details
Overview
- Association fees include exterior building maintenance, insurance, management, pool(s), reserve funds, snow removal
- Mid-Rise Condominium
- South Beach Boardwalk Condos
- South Beach Boardwalk Community
- Non Development Subdivision
- Property Manager
Amenities
- Elevator
- Community Storage Space
Recreation
- Fitness Center
- Community Indoor Pool
Security
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2020
Closed on
Jun 25, 2021
Sold by
Laporte Vincent and Laporte Lorraine K
Bought by
Reedy Deana R and Reedy Todd C
Seller's Agent
Celeste Dodson
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Dan O'Hare
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$689,900
Sold Price
$635,000
Premium/Discount to List
-$54,900
-7.96%
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
$231,284
Avg. Annual Appreciation
7.42%
Original Mortgage
$508,000
Outstanding Balance
$461,142
Interest Rate
2.93%
Mortgage Type
Commercial
Estimated Equity
$405,142
Purchase Details
Closed on
Jan 11, 2016
Sold by
Shahin Jamal M
Bought by
Laporte Vincent and Laporte Lorraine K
Purchase Details
Closed on
Mar 11, 2013
Sold by
Shahin Jamal M and Shahin Kimberlee B
Bought by
Shahin Jamal M
Purchase Details
Closed on
Aug 5, 2008
Sold by
May Development Llc
Bought by
Shahin Jamal M and Shahin Kimberlee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 1, 2008
Sold by
May Development Llc
Bought by
Shahin Jamal M and Shahin Kimberlee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Reedy Deana R | $635,000 | Real Estate Title & Escrow | |
| Laporte Vincent | $539,000 | Resort Land Title Escrow Llc | |
| Shahin Jamal M | -- | Pinnacle Title & Escrow Inc | |
| Shahin Jamal M | $600,000 | -- | |
| Shahin Jamal M | $600,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reedy Deana R | $508,000 | |
| Previous Owner | Shahin Jamal M | $150,000 | |
| Previous Owner | Shahin Jamal M | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/25/2021 06/25/21 | Sold | $635,000 | 0.0% | $387 / Sq Ft |
| 05/04/2021 05/04/21 | Pending | -- | -- | -- |
| 01/29/2021 01/29/21 | Price Changed | $635,000 | -1.6% | $387 / Sq Ft |
| 01/23/2021 01/23/21 | Price Changed | $645,000 | -1.5% | $393 / Sq Ft |
| 12/19/2020 12/19/20 | Price Changed | $655,000 | -4.7% | $399 / Sq Ft |
| 06/06/2020 06/06/20 | Price Changed | $687,500 | -0.3% | $419 / Sq Ft |
| 03/22/2020 03/22/20 | For Sale | $689,900 | -- | $420 / 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 | $8,102 | $593,300 | $0 | $0 |
| 2024 | $7,714 | $552,800 | $0 | $0 |
| 2023 | $7,200 | $512,300 | $358,600 | $153,700 |
| 2022 | $7,200 | $512,300 | $358,600 | $153,700 |
| 2021 | $7,239 | $512,300 | $358,600 | $153,700 |
| 2020 | $7,181 | $512,300 | $358,600 | $153,700 |
| 2019 | $7,202 | $506,267 | $0 | $0 |
| 2018 | $7,045 | $500,233 | $0 | $0 |
| 2017 | $6,698 | $494,200 | $0 | $0 |
| 2016 | -- | $471,767 | $0 | $0 |
| 2015 | $6,542 | $449,333 | $0 | $0 |
| 2014 | $6,542 | $426,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Celeste Dodson
-
Dan O'Hare
Buyer's Agent in 2021
Dan O'Hare
Berkshire Hathaway HomeServices PenFed Realty - OP
(646) 644-7173
16 in this area
76 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO112742
APN: 10-749948
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