NOT LISTED FOR SALE

6 Fountain Dr E Unit 4B Ocean City, MD 21842

Estimated Value: $549,939 - $629,000

3 Beds
2 Baths
1,474 Sq Ft
$672/mo HOA Fee

Last Sold September 18, 2020

Last sale price $345,000 $234 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,273/month

374 Days on Market

Highlights

  • Pier or Dock
  • Fitness Center
  • Clubhouse
  • Ocean City Elementary School Rated A
  • Open Floorplan
  • Community Indoor Pool

About This Home

As of September 2020

Experience total relaxation on your vacation! 6 Fountain Drive East is an absolutely beautiful, 3-BR, 2-BA condo in Sunset Island overlooking the pond & fountains. This newly-updated property can accommodate family & friends comfortably with no one on a sleep sofa! You'll find high-end details throughout, including a fully-equipped Kitchen, hand-painted murals, Soaking Tub in Master Bath & wide Balcony with great views. Walk down to the Ocean for a day of sun & surf only 5 blocksaway, or stay within this quaint Bayfront resort on 67th St. to enjoy all of the fantastic amenities. Guests enjoy some of Ocean City's finest facilities, including Indoor/Outdoor/Kiddie Pools, Private Bayfront Beach, Clubhouse, Cafe, Fitness Center, Fishing Pier & more - all just 4 blocks away! You will love the relaxing pace of the Sunset Island lifestyle, and still be just minutes from the Ocean City Boardwalk & all your favorite hot spots. Don't wait - make your appointment today! Great rental potential, must honor existing rentals.

Last Agent to Sell the Property

Terry Riley

RE/MAX Advantage Realty Listed on: 07/26/2019

RE/MAX Advantage Realty

Co-Listed By

Chris Jett

RE/MAX Advantage Realty License #RS-0019287

Last Buyer's Agent

Margaret Connors

Berkshire Hathaway HomeServices PenFed Realty License #635107

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,520

Year Built

  • Built in 2004

HOA Fees

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,474 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • Assigned Parking

Schools

  • Ocean City Elementary School
  • Berlin Intermediate School
  • Stephen Decatur High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Property is in very good condition
  • Flood Risk

Listing and Financial Details

  • Tax Lot 6684
  • Assessor Parcel Number 10-427991

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, pier/dock maintenance, pool(s), road maintenance, security gate, snow removal
  • Cas HOA
  • Low-Rise Condominium
  • Legum & Norman Condos, Phone Number (410) 524-5577
  • Sunset Island Community
  • Sunset Island Subdivision

Recreation

  • Pier or Dock
  • Fitness Center
  • Community Indoor Pool
  • Jogging Path

Additional Features

  • Clubhouse
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,520

Year Built

Built in 2004

Lot Details

0

HOA Fees

$672 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Experience total relaxation on your vacation! 6 Fountain Drive East is an absolutely beautiful, 3-BR, 2-BA condo in Sunset Island overlooking the pond & fountains. This newly-updated property can accommodate family & friends comfortably with no one on a sleep sofa! You'll find high-end details throughout, including a fully-equipped Kitchen, hand-painted murals, Soaking Tub in Master Bath & wide Balcony with great views. Walk down to the Ocean for a day of sun & surf only 5 blocksaway, or stay within this quaint Bayfront resort on 67th St. to enjoy all of the fantastic amenities. Guests enjoy some of Ocean City's finest facilities, including Indoor/Outdoor/Kiddie Pools, Private Bayfront Beach, Clubhouse, Cafe, Fitness Center, Fishing Pier & more - all just 4 blocks away! You will love the relaxing pace of the Sunset Island lifestyle, and still be just minutes from the Ocean City Boardwalk & all your favorite hot spots. Don't wait - make your appointment today! Great rental potential, must honor existing rentals.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 4
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Island, Window Treatments
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1474
  • Living Area Sq Ft: 1474
  • Price Per Sq Ft: 237.38
  • Above Grade Finished Sq Ft: 1474
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 3204.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4860.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Legum & Norman
  • Condo Co-Op Phone: 410-524-5577
  • HOA Condo Co-Op Amenities: Club House, Fitness Center, Jog/Walk Path, Pier/Dock, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Pier/Dock Maintenance, Pool(s), Road Maintenance, Security Gate, Snow Removal
  • HOA Name: CAS
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: BERLIN INTERMEDIATE SCHOOL
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: BERLIN INTERMEDIATE SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5431979
  • Tax Annual Amount: 4520.00
  • Assessor Parcel Number: 10-427991
  • Tax Lot: 6684
  • Tax Total Finished Sq Ft: 1474
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/18/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2021
Sold by
Olson David Andrew and Olson Teresa Dawn
Bought by
Olson David Andrew and Olson Teresa Dawn
Current Estimated Value
$578,485

Purchase Details

Listed on
Jul 26, 2019
Closed on
Sep 18, 2020
Sold by
Roit Alex and Carollo Roit Stella
Bought by
Olson David Andrew and Olson Teresa Dawn
Seller's Agent
Terry Riley
RE/MAX Advantage Realty
Buyer's Agent
Margaret Connors
Berkshire Hathaway HomeServices PenFed Realty
List Price
$389,900
Sold Price
$345,000
Premium/Discount to List
-$44,900
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Original Mortgage
$265,000
Outstanding Balance
$236,235
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$341,674

Purchase Details

Closed on
Oct 28, 2009
Sold by
Connelly Anthony and Connelly Karen
Bought by
Roit Alex and Carollo Roit Stella M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2006
Sold by
Rosenberg Irving J
Bought by
Connelly and Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2004
Sold by
Nvr Inc
Bought by
Rosenberg Irving J
Source: Public Records

Range of Values:

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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
Olson David Andrew -- None Available
Olson David Andrew $345,000 Capitol Title Group
Roit Alex $399,000 --
Connelly $540,000 --
Rosenberg Irving J $421,580 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson David Andrew $265,000
Previous Owner Roit Alex $520,000
Previous Owner Roit Alex $319,200
Previous Owner Connelly Anthony $245,000
Previous Owner Connelly $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $345,000 -1.4% $234 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $349,900 -5.4% $237 / Sq Ft
08/23/2019 08/23/19 Price Changed $369,900 -2.6% $251 / Sq Ft
08/19/2019 08/19/19 Price Changed $379,900 -2.6% $258 / Sq Ft
07/26/2019 07/26/19 For Sale $389,900 -- $265 / 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 $5,389 $454,700 $0 $0
2024 $5,389 $386,200 $0 $0
2023 $4,465 $317,700 $158,800 $158,900
2022 $4,465 $317,700 $158,800 $158,900
2021 $4,489 $317,700 $158,800 $158,900
2020 $4,489 $317,700 $158,800 $158,900
2019 $4,506 $317,700 $158,800 $158,900
2018 $4,475 $317,700 $158,800 $158,900
2017 $4,778 $356,700 $0 $0
2016 -- $336,533 $0 $0
2015 $4,599 $316,367 $0 $0
2014 $4,599 $296,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO108054

Bright MLS

APN: 10-427991