NOT LISTED FOR SALE

Beachmark Condo 7301 Atlantic Ave Unit 2D Ocean City, MD 21842

Estimated Value: $378,760 - $410,000

1 Bed
1 Bath
756 Sq Ft
$459/mo HOA Fee

Last Sold July 08, 2020

Last sale price $265,000 $351 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,851/month

Highlights

  • Ocean Front
  • Water Access
  • Open Floorplan
  • Ocean City Elementary School Rated A
  • 24-Hour Security
  • Furnished

About This Home

As of July 2020

Here it is... the rare opportunity to own a direct Oceanfront unit in one of Ocean City's most sought after buildings...the Beachmark. The unit has NOT been a rental. Instead, it and has been lovingly maintained by the same owners for decades and beautifully updated in recent years. The unobstructed views of the Ocean, dunes, and beach will put anyone in relaxation mode right away. It is easy to imagine yourself enjoying Summer days on the balcony, swimming in the pool, or taking the quick walk across the dunes to get to the low density beach. This unit offers CONVENIENCE; great mid-town location, assigned parking, owner storage closet AND it comes fully furnished. The building is professionally managed and well run with solid reserves.

Last Agent to Sell the Property

Sally Todd Stout

Berkshire Hathaway HomeServices PenFed Realty - OP License #611601 Listed on: 06/03/2020

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Tyler Burch

Burch Real Estate Group, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,010

Year Built

  • Built in 1968

Lot Details

  • Ocean Front
  • Home fronts navigable water

HOA Fees

  • $459 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Flat Roof Shape
  • Masonry

Interior Spaces

  • 756 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Ocean Views
  • Laundry on lower level

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

  • Exterior Cameras
  • Monitored

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Outdoor Storage

Schools

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

Utilities

  • Multiple cooling system units
  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Water Heater

Listing and Financial Details

  • Tax Lot 2D
  • Assessor Parcel Number 10-084032

Community Details

Overview

  • Association fees include cable TV, common area maintenance, exterior building maintenance, management, pool(s), reserve funds
  • 59 Units
  • Mid-Rise Condominium
  • Beachmark Condos
  • Beachmark Community
  • Property Manager

Amenities

  • Laundry Facilities
  • 1 Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,010

Year Built

Built in 1968

Lot Details

0

HOA Fees

$459 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: see inventory
  • Home Warranty: No
  • Inclusions: furnished, see inventory
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-06-03
  • Federal Flood Zone: No
  • Year Built: 1968
  • Remarks Public: Here it is... the rare opportunity to own a direct Oceanfront unit in one of Ocean City's most sought after buildings...the Beachmark. The unit has NOT been a rental. Instead, it and has been lovingly maintained by the same owners for decades and beautifully updated in recent years. The unobstructed views of the Ocean, dunes, and beach will put anyone in relaxation mode right away. It is easy to imagine yourself enjoying Summer days on the balcony, swimming in the pool, or taking the quick walk across the dunes to get to the low density beach. This unit offers CONVENIENCE; great mid-town location, assigned parking, owner storage closet AND it comes fully furnished. The building is professionally managed and well run with solid reserves.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Upgraded Countertops, Window Treatments
  • Fireplace: No
  • Elevators Count: 1
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common, Lower Floor
  • Total Sq Ft: 756
  • Living Area Sq Ft: 756
  • Price Per Sq Ft: 355.82
  • Above Grade Finished Sq Ft: 756
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7301

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Masonry
  • Exterior Features: Outside Shower, Secure Storage
  • Roof: Flat
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Paved Parking, Under Home Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit, Multi Units
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Security: 24 Hour Security, Exterior Cameras, Monitored
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1376.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Beachmark
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Laundry Facilities, Pool - Outdoor, Reserved/Assigned Parking, Security
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Management, Pool(s), Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5403989
  • Tax Annual Amount: 3010.00
  • Assessor Parcel Number: 10-084032
  • Tax Lot: 2D
  • Tax Total Finished Sq Ft: 756
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/08/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 8, 2020
Sold by
Woodard Linda A and Thomas Arthur R
Bought by
Cedar Tree Lane Fam Llc
Seller's Agent
Sally Todd Stout
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Tyler Burch
Burch Real Estate Group, LLC
List Price
$269,000
Sold Price
$265,000
Premium/Discount to List
-$4,000
-1.49%
Current Estimated Value
$396,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,440
Avg. Annual Appreciation
9.01%

Purchase Details

Closed on
Oct 3, 2005
Sold by
Chalkley Donald T
Bought by
Ann Woodard Linda and Woodard David Allan

Purchase Details

Closed on
Oct 30, 2001
Sold by
Chalkley Donald T
Bought by
Chalkley Donald T and Trustees
Source: Public Records

Range of Values:

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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
Cedar Tree Lane Fam Llc $265,000 Capitol Title Group
Ann Woodard Linda -- --
Chalkley Donald T -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $265,000 -1.5% $351 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $269,000 -- $356 / 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 $3,354 $260,033 $0 $0
2024 $3,354 $240,367 $0 $0
2023 $3,102 $220,700 $154,400 $66,300
2022 $3,059 $217,667 $0 $0
2021 $3,033 $214,633 $0 $0
2020 $2,907 $211,600 $148,100 $63,500
2019 $2,926 $211,600 $148,100 $63,500
2018 $3,009 $211,600 $148,100 $63,500
2017 $2,860 $213,100 $0 $0
2016 -- $206,567 $0 $0
2015 -- $200,033 $0 $0
2014 $2,976 $193,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sally Todd Stout

    Seller's Agent in 2020

    Sally Todd Stout

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (410) 726-3506

    11 in this area

    122 Total Sales

    Sally Todd Stout
    Section Image
  • Tyler Burch

    Buyer's Agent in 2020

    Tyler Burch

    Burch Real Estate Group, LLC

    (304) 240-7513

    160 Total Sales

    Tyler Burch
    Section Image
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About Beachmark Condo

Map

Source: Bright MLS

MLS Number: MDWO114156

Bright MLS

APN: 10-084032

Maryland Worcester County Ocean City 21842

7301 Atlantic Ave Unit 2D, Ocean City, MD

This home is located at 7301 Atlantic Ave Unit 2D, Ocean City, MD 21842 since 03 June 2020 and is currently estimated at $396,440, approximately $524 per square foot. This property was built in 1968. 7301 Atlantic Ave Unit 2D 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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