NOT LISTED FOR SALE

7209 Atlantic Ave Unit 1c Ocean City, MD 21842

Estimated Value: $513,000 - $698,000

2 Beds
2 Baths
1,054 Sq Ft
$325/mo HOA Fee

Last Sold February 15, 2018

Last sale price $365,000 $346 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,006/month

84 Days on Market

Highlights

  • Ocean View
  • Primary bedroom faces the ocean
  • Deck
  • Ocean City Elementary School Rated A
  • Waterfront
  • Furnished

About This Home

As of February 2018

GREAT OCEAN VIEWS! Furnished 2BR 2BA Condo with an Oceanfront Master Suite! Private oceanfront balcony and ocean views from the living area and the master suite! Features include updated baths, ceramic tile, Berber carpet, laundry room with full size stack washer /dryer, electric shutters in master bedroom, shutters on balcony, storage locker, and new windows. Condo features extra parking, outside shower, elevator and easy beach access! Convenient north side stairwell. Sold furnished and ready for new owner to move in! Watch the sunrise over the ocean everyday! This is a ''Must See Property'' if you want to be Oceanfront!Owner is a licensed Realtor.

Last Agent to Sell the Property

Katy Durham

(410) 726-2398 kdurham@cbmove.com Coldwell Banker Realty Listed on: 10/23/2017

Coldwell Banker Realty

Co-Listed By

Katy Durham and Rick Meehan

(410) 726-2398 rmeehan@cbmove.com Coldwell Banker Realty

Last Buyer's Agent

Jim Terrill

(443) 880-2421 jimterrill021@gmail.com RE/MAX One License #594201

RE/MAX One

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • Waterfront
  • Cleared Lot

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Piling Construction
  • Stick Built Home
  • Masonry
  • Stucco

Interior Spaces

  • 1,054 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom faces the ocean
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Balcony
  • Deck
  • Storage Shed

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1C
  • Assessor Parcel Number 082951

Community Details

Overview

  • 1 Elevator
  • Ocean Towers Community

Security

  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: contents of owner's closet
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Exhaust Fan(s)
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Entry Level Bedroom, Primary Bedroom - Ocean Front, Window Treatments, Ceiling Fan(s)
  • Window Features: Insulated, Screens
  • Door Features: Storm
  • Elevators Count: 1
  • Foundation Details: Pilings
  • Levels Count: 1
  • Living Area Units: Square Feet
  • Total Sq Ft: 1054
  • Living Area Sq Ft: 1054
  • Price Per Sq Ft: 350.95
  • Above Grade Finished Sq Ft: 1054
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Masonry, Stucco, Stick Built
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Built-Up
  • View: Ocean, Water
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Water Frontage Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Off Street, Under Home Parking, Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 452.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3900.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning Description: R3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5403900
  • Assessor Parcel Number: 082951
  • Tax Lot: 1C
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Feb 15, 2018
Sold by
Ladouceur Berthony and Ladouceur Mary R
Bought by
Kady James Thomas and Kady Kevin Patrick
Seller's Agent
Katy Durham
Coldwell Banker Realty
Buyer's Agent
Jim Terrill
RE/MAX One
List Price
$369,900
Sold Price
$365,000
Premium/Discount to List
-$4,900
-1.32%
Current Estimated Value
$601,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,872
Avg. Annual Appreciation
6.61%
Original Mortgage
$284,000
Outstanding Balance
$240,824
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$361,048

Purchase Details

Closed on
Sep 2, 2003
Sold by
Ward John R and Ward Beth S
Bought by
Deutsch Ladouceur Berthony and Deutsch Mary

Purchase Details

Closed on
May 7, 2002
Sold by
Lowstuter Harry R
Bought by
Ward John R and Ward Beth S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kady James Thomas $355,000 Sage Title Group Llc
Deutsch Ladouceur Berthony $335,377 --
Ward John R $247,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kady James Thomas $284,000
Closed Ward John R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2018 02/15/18 Sold $365,000 -1.3% $346 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
10/23/2017 10/23/17 For Sale $369,900 -- $351 / 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 $6,179 $452,467 $0 $0
2024 $5,642 $404,333 $0 $0
2023 $5,021 $356,200 $249,300 $106,900
2022 $5,006 $356,200 $249,300 $106,900
2021 $5,033 $356,200 $249,300 $106,900
2020 $5,033 $356,200 $249,300 $106,900
2019 $4,833 $339,700 $0 $0
2018 $4,331 $323,200 $0 $0
2017 $4,204 $306,700 $0 $0
2016 -- $296,133 $0 $0
2015 -- $285,567 $0 $0
2014 $4,503 $275,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000519134

Bright MLS

APN: 10-082951