NOT LISTED FOR SALE

Surf's Edge 6401 Atlantic Ave Unit 108 Ocean City, MD 21842

Estimated Value: $466,000 - $668,000

2 Beds
2 Baths
1,056 Sq Ft
$411/mo HOA Fee

Last Sold June 14, 2021

Last sale price $368,250 $349 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,549/month

Highlights

  • Ocean Front
  • Access to Tidal Water
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • Sandy Beach
  • Open Floorplan

About This Home

As of June 2021

OCEANFRONT 2 bedroom 2 bath condo over 1000 square Feet! This beautiful, rarely available, spacious condo in Surf's Edge is being offered at an AMAZING PRICE for a quick sale! Mid-Town Location, close to all of resort town amenities! Far enough away from the crazy but close enough to be in the crowd. New sliding glass doors and window- listen to the waves and walk right out to the beach! New bathrooms! Owner started and nearly completed renovations in both bathrooms but has not completed updates to the other areas. The condo is not "gutted" simply a work in progress. Still has old kitchen, appliances, old carpet Building offers great location, professionally managed association and recent million dollar upgrade with no assessment! THIS IS A DEAL YOU DON'T WANT TO PASS UP! Built-In Equity in a Sellers Market! RARE FIND! Quick settlement!! Quick note- Condo Fees include all insurance (including flood) minus a required contents policy you need to carry. Fees also cover basic cable.

Last Agent to Sell the Property

Sandra Lastner

(443) 848-1042 sandralastner@gmail.com Taylor Properties Listed on: 03/20/2021

Taylor Properties

Last Buyer's Agent

Suzanah Cain

(410) 430-2118 suzanahoc@aol.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS0014975

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,028

Year Built

  • Built in 1984 | Remodeled in 2019

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • No Units Located Below
  • Property is in good condition

HOA Fees

  • $411 Monthly HOA Fees

Parking

  • 3 Assigned Subterranean Spaces
  • Assigned parking located at #108
  • Parking Lot
  • Parking Space Conveys

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 1,056 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Partially Furnished
  • Replacement Windows
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Combination Dining and Living Room
  • Carpet
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Balcony
  • Patio
  • Outdoor Storage

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 108
  • Assessor Parcel Number 10-259649

Community Details

Overview

  • Association fees include cable TV, common area maintenance, insurance, management, reserve funds, trash, exterior building maintenance, water
  • Mid-Rise Condominium
  • Surfs Edge Community
  • Property Manager

Amenities

  • Common Area
  • 2 Elevators
  • Community Storage Space

Recreation

  • Fishing Allowed

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,028

Year Built

Built in 1984 | Remodeled in 2019

Lot Details

0

HOA Fees

$411 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Coastal, Unit/Flat
  • Accessibility Features: No Stairs, Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • Inclusions: All furnishings and contents of condo.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-03-20
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Year Renovated: 2019
  • Assigned Parking Space Numbers: 108
  • Automatically Close On Close Date: No
  • Remarks Public: OCEANFRONT 2 bedroom 2 bath condo over 1000 square Feet! This beautiful, rarely available, spacious condo in Surf's Edge is being offered at an AMAZING PRICE for a quick sale! Mid-Town Location, close to all of resort town amenities! Far enough away from the crazy but close enough to be in the crowd. New sliding glass doors and window- listen to the waves and walk right out to the beach! New bathrooms! Owner started and nearly completed renovations in both bathrooms but has not completed updates to the other areas. The condo is not "gutted" simply a work in progress. Still has old kitchen, appliances, old carpet Building offers great location, professionally managed association and recent million dollar upgrade with no assessment! THIS IS A DEAL YOU DON'T WANT TO PASS UP! Built-In Equity in a Sellers Market! RARE FIND! Quick settlement!! Quick note- Condo Fees include all insurance (including flood) minus a required contents policy you need to carry. Fees also cover basic cable.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator
  • Entry Floor: 1
  • Flooring Type: Carpet
  • Interior Amenities: Carpet, Combination Dining/Living, Floor Plan - Open, Tub Shower
  • Window Features: Replacement
  • Fireplace: No
  • Common Walls: No One Below
  • Door Features: Energy Star Qualified Door(s), Sliding Glass
  • Elevators Count: 2
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1056
  • Living Area Sq Ft: 1056
  • Price Per Sq Ft: 331.44
  • Above Grade Finished Sq Ft: 1056
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6401

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: Concrete, Masonry
  • Exterior Features: Outside Shower, Secure Storage
  • Roof: Built-Up
  • Spa: No
  • View: Ocean
  • Water Access Features: Fishing Allowed, Canoe/Kayak, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 1
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1232.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Cable, Common Grounds, Elevator, Extra Storage, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Insurance, Management, Reserve Funds, Trash, Ext Bldg Maint, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Patio(s)
  • Property Condition: Good
  • Soil Types: Sandy
  • Year Assessed: 2020
  • Zoning: R-3
  • Zoning Description: Residential
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5418989
  • Tax Annual Amount: 4028.00
  • Assessor Parcel Number: 10-259649
  • Tax Lot: 108
  • Tax Total Finished Sq Ft: 1056
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/14/2021

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
Jun 14, 2021
Sold by
Lastner Matthew and Lastner Sandra
Bought by
Odonnell Mark T and Odonnell Julia B
Seller's Agent
Sandra Lastner
Taylor Properties
Buyer's Agent
Suzanah Cain
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$349,999
Sold Price
$368,250
Premium/Discount to List
$18,251
5.21%
Current Estimated Value
$522,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,472
Avg. Annual Appreciation
8.37%
Original Mortgage
$276,187
Outstanding Balance
$250,053
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$272,669

Purchase Details

Closed on
Dec 29, 2020
Sold by
Scott Frank J
Bought by
Lastner Matthew and Lastner Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2002
Sold by
Scott Frank J
Bought by
Scott Frank J

Purchase Details

Closed on
Jan 9, 1987
Sold by
Fred Pritt Homes Inc
Bought by
Scott Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,900
Interest Rate
9.32%
Source: Public Records

Range of Values:

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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
Odonnell Mark T $368,250 Bright Title & Stlmt Svcs Lc
Lastner Matthew $235,000 Perfection Title Ltd
Scott Frank J -- --
Scott Frank J $157,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odonnell Mark T $276,187
Previous Owner Lastner Matthew $164,500
Previous Owner Scott Frank J $125,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $368,250 +5.2% $349 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $349,999 -- $331 / 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 $4,758 $348,467 $0 $0
2024 $4,568 $327,333 $0 $0
2023 $4,303 $306,200 $214,300 $91,900
2022 $4,204 $299,167 $0 $0
2021 $4,128 $292,133 $0 $0
2020 $4,028 $285,100 $199,500 $85,600
2019 $4,056 $285,100 $199,500 $85,600
2018 $4,015 $285,100 $199,500 $85,600
2017 $4,122 $300,900 $0 $0
2016 $4,131 $290,333 $0 $0
2015 $4,131 $279,767 $0 $0
2014 $4,131 $269,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO120960

Bright MLS

APN: 10-259649