NOT LISTED FOR SALE

Surf's Edge 6401 Atlantic Ave Unit 405 Ocean City, MD 21842

Estimated Value: $608,000 - $665,000

2 Beds
2 Baths
1,252 Sq Ft
1984 Built

Last Sold October 23, 2018

Last sale price $415,000 $331 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,876/month

Highlights

  • 1 Fireplace
  • Ocean City Elementary School Rated A
  • Heat Pump System

About This Home

As of October 2018

This home is located at 6401 Atlantic Ave Unit 405, Ocean City, MD 21842 since 21 October 2018 and is currently estimated at $634,401, approximately $506 per square foot. This property was built in 1984. 6401 Atlantic Ave Unit 405 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Last Agent to Sell the Property

Sharon Daugherty

(410) 430-4004 sdgclient@outlook.com Keller Williams Realty Delmarva License #SL3435144 Listed on: 10/21/2018

Keller Williams Realty Delmarva

Last Buyer's Agent

Sharon Daugherty

(410) 430-4004 sdgclient@outlook.com Keller Williams Realty Delmarva License #SL3435144 Listed on: 10/21/2018

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,686

Year Built

  • Built in 1984

Parking

  • Off-Street Parking

Interior Spaces

  • 1,252 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Accessible Elevator Installed
  • Flood Risk
  • Heat Pump System

Community Details

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • Surfs Edge Community

Listing and Financial Details

  • Tax Lot 8366
  • Assessor Parcel Number 10-259967

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,686

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1252
  • Living Area Sq Ft: 1252
  • Price Per Sq Ft: 331.47
  • Above Grade Finished Sq Ft: 1252
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Units: Square Feet
  • Year Assessed: 2017
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5419018
  • Tax Annual Amount: 4686.00
  • Assessor Parcel Number: 10-259967
  • Tax Lot: 8366
  • Tax Total Finished Sq Ft: 1252
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/23/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2018
Closed on
Oct 15, 2018
Sold by
Talley Geraldine A
Bought by
Marie Mcghagan Iii John Francis and Marie Mcghagan Diane
Seller's Agent
Sharon Daugherty
Keller Williams Realty Delmarva
Buyer's Agent
Sharon Daugherty
Keller Williams Realty Delmarva
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$634,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,401
Avg. Annual Appreciation
6.25%
Original Mortgage
$332,000
Outstanding Balance
$289,524
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$344,877

Purchase Details

Closed on
Mar 30, 2005
Sold by
Yeakle Howard F and Yeakle Thelma R
Bought by
Schaefer Michael J Sole Trustee

Purchase Details

Closed on
Sep 18, 1984
Sold by
Fred Pritt Homes Inc
Bought by
Yeakle Howard F and Yeakle Thelma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,700
Interest Rate
14.43%
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
Marie Mcghagan Iii John Francis $415,000 Sage Title Group Llc
Schaefer Michael J Sole Trustee -- --
Yeakle Howard F $155,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marie Mcghagan Iii John Francis $332,000
Previous Owner Yeakle Howard F $124,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2018 10/23/18 Sold $415,000 0.0% $331 / Sq Ft
10/21/2018 10/21/18 For Sale $415,000 -- $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 $6,582 $482,000 $0 $0
2024 $5,852 $419,400 $0 $0
2023 $5,014 $356,800 $249,700 $107,100
2022 $4,897 $348,433 $0 $0
2021 $4,806 $340,067 $0 $0
2020 $4,687 $331,700 $232,100 $99,600
2019 $4,719 $331,700 $232,100 $99,600
2018 $4,672 $331,700 $232,100 $99,600
2017 $4,686 $344,300 $0 $0
2016 -- $330,100 $0 $0
2015 $4,853 $315,900 $0 $0
2014 $4,853 $301,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharon Daugherty

    Seller's Agent in 2018

    Sharon Daugherty

    Keller Williams Realty Delmarva

    (410) 430-4004

    147 in this area

    228 Total Sales

    Sharon Daugherty
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About Surf's Edge

Map

Source: Bright MLS

MLS Number: 1009981394

Bright MLS

APN: 10-259967

Maryland Worcester County Ocean City 21842

6401 Atlantic Ave Unit 405, Ocean City, MD

This home is located at 6401 Atlantic Ave Unit 405, Ocean City, MD 21842 since 21 October 2018 and is currently estimated at $634,401, approximately $506 per square foot. This property was built in 1984. 6401 Atlantic Ave Unit 405 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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