NOT LISTED FOR SALE

6305 Atlantic Ave Unit 2 Ocean City, MD 21842

Estimated Value: $1,195,000 - $1,672,000

3 Beds
3.5 Baths
2,412 Sq Ft
$1,032/mo HOA Fee

Last Sold October 06, 2017

Last sale price $925,000 $383 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $9,719/month

Highlights

  • Ocean View
  • Primary bedroom faces the ocean
  • Waterfront
  • Ocean City Elementary School Rated A
  • Spa
  • 0.25 Acre Lot

About This Home

As of October 2017

Absolutely jaw dropping decorator furnished former model unit was rarely used and never rented. If you are looking for perfection then look no further. Tumbled Travertine Mable Floors throughout. Chefs Kitchen with Viking Appliances and Gas Stove, Custom Cabinetry, Granite Tops etc. Custom Wet Bar with Viking Wine Fridge. Gas Fireplace. 3 Ensuite bedrooms with custom Italian Chipped Marble and Spa Peddle Shower Floors and accents. Slate Flooring on the large Ocean front balcony. The architectural details of this spectacular ocean front unit boosting nearly 2500 Sq Ft of uncompromising luxury is truly one of a kind and must be seen to appreciate. Roof top sun deck and hot tub. 2 covered assigned parking spots.

Last Agent to Sell the Property

Michael Rutledge

(410) 804-2144 mrutledge@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #580312 Listed on: 08/16/2017

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Michael Rutledge

(410) 804-2144 mrutledge@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #580312 Listed on: 08/16/2017

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,973

Year Built

  • Built in 2008

Lot Details

  • Waterfront
  • Sprinkler System
  • Cleared Lot

HOA Fees

  • $1,032 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Metal Roof
  • Modular or Manufactured Materials
  • Dryvit Stucco
  • Masonry
  • Stucco

Interior Spaces

  • 2,412 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Screen For Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Ocean Views

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom faces the ocean
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Off-Street Parking
  • 2 Assigned Parking Spaces

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 767199

Community Details

Overview

  • 4 Units
  • 1 Elevator
  • Low-Rise Condominium
  • Acropolis Community

Recreation

  • Community Spa

Security

  • Security Service
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,973

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,032 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: Personal Items
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Icemaker, Refrigerator, Washer
  • Entry Floor: 2
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Upgraded Countertops, Primary Bedroom - Ocean Front, Sprinkler System, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments, Wine Storage
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: 1
  • Living Area Units: Square Feet
  • Total Sq Ft: 2412
  • Living Area Sq Ft: 2412
  • Price Per Sq Ft: 404.19
  • Above Grade Finished Sq Ft: 2412
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Dryvit, Stucco, Modular/Manufactured
  • Construction Completed: No
  • Exterior Features: Hot Tub, Outside Shower
  • Roof: Built-Up, Metal
  • View: Ocean, Water
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Water Frontage Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Off Street, Under Home Parking, Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 898.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 12384.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Hot Tub, Security
  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.25
  • Outdoor Living Structures: Balcony
  • Zoning: R
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 6556024
  • Assessor Parcel Number: 767199
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2017
Closed on
Oct 6, 2017
Sold by
Abuzeid Sami H
Bought by
Smith Jason Alan and Smith Cara Marie
Seller's Agent
Michael Rutledge
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Michael Rutledge
Berkshire Hathaway HomeServices Homesale Realty
List Price
$974,900
Sold Price
$925,000
Premium/Discount to List
-$49,900
-5.12%
Current Estimated Value
$1,437,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,247
Avg. Annual Appreciation
5.61%
Original Mortgage
$740,000
Outstanding Balance
$606,145
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$831,102

Purchase Details

Closed on
Oct 19, 2011
Sold by
Undisclosed
Bought by
Abuzeid Sami H

Purchase Details

Closed on
Oct 18, 2011
Sold by
Deutcshe Gilden & Sons Llc
Bought by
Abuzeid Sami H
Source: Public Records

Range of Values:

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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 Jason Alan $925,000 Capitol Title Ins Agcy Inc
Abuzeid Sami H $737,000 --
Abuzeid Sami H $737,000 Maryland Title Service Corp
Abuzeid Sami H $737,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jason Alan $740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2017 10/06/17 Sold $925,000 -5.1% $383 / Sq Ft
08/27/2017 08/27/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $974,900 -- $404 / 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 $13,973 $1,161,767 $0 $0
2024 $13,954 $1,093,433 $0 $0
2023 $13,716 $1,025,100 $717,500 $307,600
2022 $13,431 $988,900 $0 $0
2021 $13,224 $952,700 $0 $0
2020 $12,949 $916,500 $641,500 $275,000
2019 $13,038 $916,500 $641,500 $275,000
2018 $12,908 $916,500 $641,500 $275,000
2017 $14,242 $1,008,200 $0 $0
2016 -- $1,008,200 $0 $0
2015 $15,540 $1,008,200 $0 $0
2014 $15,540 $1,049,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000517060

Bright MLS

APN: 10-767199