7009 Atlantic Ave Unit 3N Ocean City, MD 21842
Estimated Value: $425,000 - $530,766
2
Beds
2
Baths
928
Sq Ft
1980
Built
Highlights
- Ocean Front
- Water Access
- Combination Kitchen and Living
- Ocean City Elementary School Rated A
- Furnished
- Upgraded Countertops
About This Home
As of February 2024Discover coastal living at its finest in this top-floor, 2-bedroom, 2-bathroom oceanfront end unit with unparalleled views. Set in an exclusive 5-unit building in a coveted midtown location, this residence offers breathtaking vistas up the beach from a large dining room window and direct ocean views from a spacious oceanfront balcony equipped with hurricane shutters. Generously sized living areas make for comfortable living, allowing ample room for relaxation and entertaining. A two-year-old HVAC unit ensures efficient climate control, while recent replacements of the fireplace and washer/dryer add to the convenience and appeal of the property. Enjoy the luxury of two dedicated parking spaces, and a prime location within walking distance to great restaurant and retail options. Property conveys fully furnished, is sold as-is. The annual condo fee in the listing is an average provided by condo association. Last year's condo fee was higher due to a roof repair and structural repair. They do not have a reserve study,
Don't miss the chance to make this exceptional property your own. Seller is requesting best and final offers by Saturday 1/6/24 @ 5PM.
Last Agent to Sell the Property
Coldwell Banker Realty License #RS-0023034 Listed on: 01/01/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,989
Year Built
- Built in 1980
Lot Details
- Ocean Front
- Cleared Lot
Home Design
- Pillar, Post or Pier Foundation
- Stick Built Home
- Masonry
Interior Spaces
- 928 Sq Ft Home
- Property has 1 Level
- Furnished
- Crown Molding
- Electric Fireplace
- Combination Kitchen and Living
- Ocean Views
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Lot
Outdoor Features
- Water Access
- Property is near an ocean
- Balcony
Location
- Flood Risk
Schools
- Stephen Decatur High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 3N
- Assessor Parcel Number 2410081718
Community Details
Overview
- Property has a Home Owners Association
- Association fees include exterior building maintenance, insurance
- 5 Units
- Low-Rise Condominium
- Oasis North Condos
- Oasis North Community
Pet Policy
- Dogs and Cats Allowed
Security
- Storm Windows
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2024
Closed on
Feb 9, 2024
Sold by
Cunningham Anita M and Cunningham John M
Bought by
Terrell John Edgar and Terrell Gwyn Koenig
Seller's Agent
Whitney Jarvis
Coldwell Banker Realty
Buyer's Agent
John Terrell
ERA Martin Associates
List Price
$499,900
Sold Price
$510,200
Premium/Discount to List
$10,300
2.06%
Total Days on Market
5
Views
126
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
-$29,258
Avg. Annual Appreciation
-4.31%
Original Mortgage
$400,000
Outstanding Balance
$394,240
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$86,702
Purchase Details
Listed on
May 22, 2018
Closed on
Sep 28, 2018
Sold by
Holland Nicholas Henderson and Holland Marjorie Ingram
Bought by
Cunningham John M and Cunningham Anita M
Seller's Agent
Ann Holtz
Coldwell Banker Realty
Buyer's Agent
Whitney Jarvis
Coldwell Banker Residential Brokerage
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$262,500
Interest Rate
4.71%
Purchase Details
Closed on
May 28, 2013
Sold by
Holland Nicholas Henderson and Holland Marjorie Ingram
Bought by
Holland Christopher Gerard
Purchase Details
Closed on
Sep 14, 1999
Sold by
Maize Charles M and Maize Henrietta H
Bought by
Holland Nicholas H and Holland Margorie I
Purchase Details
Closed on
Jun 13, 1983
Sold by
Germanos Emil G
Bought by
Maize Charles M and Maize Henrietta H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
12.82%
Similar Homes in Ocean City, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Terrell John Edgar | $510,200 | Community Title Network | |
| Cunningham John M | $350,000 | Title Resources Guaranty Co | |
| Holland Christopher Gerard | -- | None Available | |
| Holland Nicholas Henderson | -- | None Available | |
| Holland Nicholas H | $169,900 | -- | |
| Maize Charles M | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Terrell John Edgar | $400,000 | |
| Previous Owner | Cunningham John M | $256,000 | |
| Previous Owner | Cunningham John M | $262,500 | |
| Previous Owner | Maize Charles M | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/09/2024 02/09/24 | Sold | $510,200 | +2.1% | $550 / Sq Ft |
| 01/01/2024 01/01/24 | For Sale | $499,900 | +42.8% | $539 / Sq Ft |
| 09/28/2018 09/28/18 | Sold | $350,000 | -12.5% | $377 / Sq Ft |
| 09/04/2018 09/04/18 | For Sale | $399,900 | +14.3% | $431 / Sq Ft |
| 08/30/2018 08/30/18 | Pending | -- | -- | -- |
| 08/23/2018 08/23/18 | Off Market | $350,000 | -- | -- |
| 06/20/2018 06/20/18 | Price Changed | $399,900 | -7.0% | $431 / Sq Ft |
| 05/25/2018 05/25/18 | For Sale | $430,000 | -- | $463 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,186 | $300,000 | $0 | $0 |
| 2023 | $3,977 | $283,000 | $198,100 | $84,900 |
| 2022 | $3,977 | $283,000 | $198,100 | $84,900 |
| 2021 | $3,999 | $283,000 | $198,100 | $84,900 |
| 2020 | $3,999 | $283,000 | $198,100 | $84,900 |
| 2019 | $4,026 | $283,000 | $198,100 | $84,900 |
| 2018 | $3,986 | $283,000 | $198,100 | $84,900 |
| 2017 | $3,820 | $283,000 | $0 | $0 |
| 2016 | -- | $269,067 | $0 | $0 |
| 2015 | $3,708 | $255,133 | $0 | $0 |
| 2014 | $3,708 | $241,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Whitney Jarvis
Seller's Agent in 2024
Whitney Jarvis
Coldwell Banker Realty
(443) 944-3073
53 in this area
141 Total Sales
-
John Terrell
Buyer's Agent in 2024
John Terrell
ERA Martin Associates
(410) 726-2421
2 in this area
97 Total Sales
-
Ann Holtz
Seller's Agent in 2018
Ann Holtz
Coldwell Banker Realty
(443) 359-9863
27 in this area
51 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2017978
APN: 10-081718
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