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 605 Ocean City, MD 21842
Estimated Value: $810,000 - $912,264
3
Beds
3
Baths
1,642
Sq Ft
$915/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 May 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 (#34) 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 (#29 and #30) are located on the second floor of the parking garage right next to guest parking spaces. Unit shows great pride of ownership! Unit 604 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 . Great investment opportunity. Buyer to honor existing rentals . As of 3/18/2021 both units together have a grand total of more than $97,000 booked on them and are still booking for the 2021 season. 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: 02/05/2021
Last Buyer's Agent
(443) 783-0249 tony@oceancity4sales.com Berkshire Hathaway HomeServices PenFed Realty
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,238
Year Built
- Built in 2006
Lot Details
- Ocean Front
- Two or More Common Walls
- North Facing Home
- Sprinkler System
- Property is in very good condition
HOA Fees
- $915 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
- 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
- Water Access
- Property is near an ocean
- Balcony
- Exterior Lighting
- Outdoor Storage
Location
- Flood Risk
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 605
- Assessor Parcel Number 10-749956
Community Details
Overview
- Association fees include exterior building maintenance, insurance, management, pool(s), reserve funds, snow removal
- Mid-Rise Condominium
- 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
Feb 5, 2021
Closed on
May 5, 2021
Sold by
Laporte Vincent J and Laporte Lorraine K
Bought by
Susquehanna Valley Investment Group Llc
Seller's Agent
Celeste Dodson
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Anthony Golden
Berkshire Hathaway HomeServices PenFed Realty
List Price
$645,000
Sold Price
$635,000
Premium/Discount to List
-$10,000
-1.55%
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
$238,066
Avg. Annual Appreciation
7.37%
Original Mortgage
$325,000
Outstanding Balance
$294,531
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$578,535
Purchase Details
Closed on
Feb 15, 2013
Sold by
Reddy Group Llc
Bought by
Laporte Srt Vincent J and Laporte Lorraine K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 2007
Sold by
Pulusani Kola and Pulusani Deepika
Bought by
Reddy Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 18, 2007
Sold by
May Development Llc
Bought by
Pulusani Kola and Pulusani Deepika
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 8, 2007
Sold by
Pulusani Kola and Pulusani Deepika
Bought by
Reddy Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.3%
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 |
|---|---|---|---|
| Susquehanna Valley Investment Group Llc | $635,000 | None Available | |
| Laporte Srt Vincent J | $485,000 | Resort Land Title & Escrow L | |
| Reddy Group Llc | -- | -- | |
| Pulusani Kola | $744,900 | -- | |
| Reddy Group Llc | -- | -- | |
| Pulusani Kola | $744,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Susquehanna Valley Investment Group Llc | $325,000 | |
| Previous Owner | Laporte Srt Vincent J | $175,000 | |
| Previous Owner | Pulusani Kola | $417,000 | |
| Previous Owner | Pulusani Kola | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/05/2021 05/05/21 | Sold | $635,000 | 0.0% | $387 / Sq Ft |
| 03/09/2021 03/09/21 | Price Changed | $635,000 | -1.6% | $387 / Sq Ft |
| 02/05/2021 02/05/21 | For Sale | $645,000 | -- | $393 / 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 | $7,238 | $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 | $6,542 | $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
-
Anthony Golden
Buyer's Agent in 2021
Anthony Golden
BHHS PenFed (actual)
(443) 783-0249
156 in this area
186 Total Sales
-
Carol Proctor
Buyer Co-Listing Agent in 2021
Carol Proctor
BHHS PenFed (actual)
(443) 567-0650
394 in this area
543 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO119978
APN: 10-749956
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