Seller's Agent in 2019
Katie Quinn
Berkshire Hathaway HomeServices PenFed Realty-WOC
(443) 880-5022
70 in this area
106 Total Sales
7 45th St Unit 226 Ocean City, MD 21842
Estimated Value: $163,000 - $190,000
Studio
1
Bath
288
Sq Ft
1971
Built
Highlights
- Open Floorplan
- Furnished
- Cooling System Mounted In Outer Wall Opening
- Ocean City Elementary School Rated A
- Efficiency Studio
- Electric Baseboard Heater
About This Home
As of March 2019Looking for the perfect little fixer beach pad just steps to the ocean? It doesn't get much closer to the beach than this for under 100k. Won't take much at all to renovate this efficiency, these units are the perfect beach crash pad when remodeled. Plenty of room for a small pullout couch & coffee table. One of the lowest density beaches in all of OC, right across from Seacrets and 45th St. Taphouse and perfect spot to enjoy St. Paddy's Day parade. Brand new heat/ac system, bathroom exhaust fan and building recently remodeled w/ all new low maintenance stairs & balconies. AS-IS sale, Year round building!
Last Agent to Sell the Property
(410) 520-2600 ocwest@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #656189 Listed on: 02/13/2019
Co-Listed By
(410) 520-2600 ocwest@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #RS-0012959
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,069
Year Built
- Built in 1971
HOA Fees
- $104 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Frame Construction
- Built-Up Roof
- Stick Built Home
Interior Spaces
- 1 Full Bathroom
- 288 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Furnished
- Efficiency Studio
- Carpet
Parking
- Parking Lot
- 1 Assigned Parking Space
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Additional Features
- South Facing Home
- Flood Risk
Community Details
- Association fees include common area maintenance, insurance, management
- 15 Units
- Low-Rise Community
- Mana Jit Condos, Phone Number (410) 289-1128
- Ocean Wave 45 Community
Listing and Financial Details
- Tax Lot 7224
- Assessor Parcel Number 10-067251
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2019
Closed on
Mar 13, 2019
Sold by
Burke Todd Joseph and Monks David Scott
Bought by
Wise Jaclynn
Seller's Agent
Katie Quinn
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Elaine Evans
Fathom Realty MD, LLC
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,151
Avg. Annual Appreciation
12.01%
Original Mortgage
$72,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 24, 2015
Sold by
Francis Donald L
Bought by
Monks David Scott and Burke Todd Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
3.83%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wise Jaclynn | $80,000 | Masters Title & Escrow | |
| Monks David Scott | $70,000 | Capitol Title Ins Agency |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wise Jaclynn | $72,000 | |
| Previous Owner | Monks David Scott | $52,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/15/2019 03/15/19 | Sold | $80,000 | -5.9% | $278 / Sq Ft |
| 02/14/2019 02/14/19 | Pending | -- | -- | -- |
| 02/13/2019 02/13/19 | For Sale | $85,000 | -- | $295 / Sq Ft |
Source: Bright MLS
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 | $1,085 | $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 | $673 | $73,400 | $0 | $0 |
| 2014 | $673 | $82,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Quinn
-
Linda Moran
Seller Co-Listing Agent in 2019
Linda Moran
Berkshire Hathaway HomeServices PenFed Realty-WOC
(443) 614-2261
18 in this area
51 Total Sales
-
Elaine Evans
Buyer's Agent in 2019
Elaine Evans
Fathom Realty
(410) 726-4811
5 in this area
13 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO103120
APN: 10-067251
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