NOT LISTED FOR SALE

7 45th St Unit 201 Ocean City, MD 21842

Estimated Value: $181,000 - $199,000

-- Bed
1 Bath
288 Sq Ft
1971 Built

Last Sold February 28, 2017

Last sale price $82,000 $285 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,103/month

About This Home

As of February 2017

Completely renovated Ocean Block efficiency in mid town Ocean City. Everything in the unit has been updated. Kitchenette w/ Stainless appliances, laminate & tile flooring, heating and Air conditioning unit, bathroom and fixtures, windows, door, etc.

Last Agent to Sell the Property

Kevin Heselbach

(410) 723-9450 kevin@hilemanrealestate.com Hileman Real Estate Listed on: 10/16/2015

Last Buyer's Agent

Elaine Evans

(410) 726-4811 listingsbyelaine@gmail.com Fathom Realty MD, LLC

Fathom Realty MD, LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,464

Year Built

1971

Lot Details

0

Listing Details

  • Zoning Code: R-3
  • Blocks To Ocean: 0
  • Building Floors: 2
  • Cross Street: 45TH
  • Federal Flood Ins: Yes
  • Federal Flood Zone: AV
  • Non Power Boats Permitted: 0
  • Power Boats Permitted: 0
  • Public Road: Yes
  • Election District: 10
  • Incorporated City Name: OCEAN CITY
  • Lis Media List: Virtual Tour, Photo
  • Property Type: Residential
  • Public Record Key: 10213468145
  • Story List: Main
  • System Locale: MRIS
  • Types of Use: Public Access, Public Beach, Swimming Allowed
  • Status: Closed
  • Number of Levels Including basement: 1
  • View/Accessibility: Water View, Water Access
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Room List: Additional Efficiency
  • Above Grade Finished Sq Ft: 288
  • Dining Kitchen: Efficiency Kitchen
  • Interior Amenities: Efficiency
  • Entry Level: Floors 2-5
  • Main Floor: 1 Bath
  • Other Rooms: Efficiency (Additional)
  • Total Full Baths: 1

Exterior Features

  • Structure List: Above Grade
  • Exterior: Brick and Siding
  • Docks: 0
  • Dock Slip Conveyance: None Available
  • Mean Low Water: 0+
  • Navigable Water: Yes
  • Number Of Slips: 0
  • Water Access: Yes
  • Waterfront Features and Improvements: Sandy Beach
  • Water View: Yes
  • Type of Body of Water: Ocean
  • Body Of Water: ATLANTIC OCEAN
  • Other Structures: Above Grade

Garage/Parking

  • Parking: Assigned
  • Assigned Parking Spaces: 1

Utilities

  • Cooling Fuel: Electric
  • Cooling: Wall Unit
  • Heating Fuel: Electric
  • Heating: Wall Unit
  • Hot Water: Electric
  • Sewer Septic: Public Sewer
  • Water: Public

Condo/Co-op/Association

  • Condo Co-Op Fee: 1200
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Ocean Waye 45 Cm
  • Community Amenities: Beach, Reserved Parking
  • Community Fee Includes: Management, Master Insurance Policy
  • Total Units: 36
  • Community: OCEAN WAYE 45
  • Community Rules: Covenants

Schools

  • High School: Stephen Decatur

Lot Info

  • Lot Number: 201
  • Listing Parcel Number: 7224

Rental Info

  • Furnished: No

Tax Info

  • Assessment Year: 2015
  • Total Taxes Payment Freq: Annually
  • County Tax Payment Freq: Annually

Multi Family

  • Unit Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2025
Sold by
Evans Elaine
Bought by
Evans Living Trust
Current Estimated Value
$187,114

Purchase Details

Closed on
Sep 23, 2020
Sold by
City To Sea Llc
Bought by
Evans Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2015
Closed on
Feb 27, 2017
Sold by
Howard Freddie Lee and Howard Dawn Marie
Bought by
City To Sea Llc
Seller's Agent
Kevin Heselbach
Hileman Real Estate
Buyer's Agent
Elaine Evans
Fathom Realty MD, LLC
List Price
$95,000
Sold Price
$82,000
Premium/Discount to List
-$13,000
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%

Purchase Details

Closed on
Apr 8, 2005
Sold by
Fair Sheila A
Bought by
Howard Howard Freddie Lee Freddie Lee and Howard Dawn Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,920
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2001
Sold by
Oddo Deborah J
Bought by
Fair Sheila A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Evans Living Trust -- Premier Title
Evans Elaine $76,800 Mid Atlantic Title Llc
City To Sea Llc $82,000 None Available
Howard Howard Freddie Lee Freddie Lee $134,900 --
Fair Sheila A $45,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Elaine $72,000
Previous Owner Howard Howard Freddie Lee Freddie Lee $107,920
Closed Fair Sheila A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $82,000 -8.4% $285 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
10/15/2016 10/15/16 Price Changed $89,500 -3.2% $311 / Sq Ft
04/13/2016 04/13/16 Price Changed $92,500 -2.6% $321 / Sq Ft
10/16/2015 10/16/15 For Sale $95,000 -- $330 / 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 $1,464 $107,200 $0 $0
2024 $1,284 $92,000 $0 $0
2023 $1,079 $76,800 $38,400 $38,400
2022 $1,079 $76,800 $38,400 $38,400
2021 $1,085 $76,800 $38,400 $38,400
2020 $1,076 $76,800 $38,400 $38,400
2019 $1,076 $75,667 $0 $0
2018 $1,050 $74,533 $0 $0
2017 $1,042 $73,400 $0 $0
2016 -- $73,400 $0 $0
2015 $1,261 $73,400 $0 $0
2014 $1,261 $82,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Heselbach

    Seller's Agent in 2017

    Kevin Heselbach

    Hileman Real Estate

    (410) 723-9450

    4 in this area

    6 Total Sales

    Kevin Heselbach
    Section Image
  • Elaine Evans

    Buyer's Agent in 2017

    Elaine Evans

    Fathom Realty

    (410) 726-4811

    6 in this area

    19 Total Sales

    Elaine Evans
    Section Image
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Map

Source: Bright MLS

MLS Number: WO8774736

Bright MLS

APN: 10-066956

Maryland Worcester County Ocean City 21842

7 45th St Unit 201, Ocean City, MD

This home is located at 7 45th St Unit 201, Ocean City, MD 21842 since 16 October 2015 and is currently estimated at $187,114, approximately $649 per square foot. This property was built in 1971. 7 45th St Unit 201 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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