NOT LISTED FOR SALE

Beachmark Condo 7301 Atlantic Ave Unit 3H Ocean City, MD 21842

Estimated Value: $376,542 - $479,000

1 Bed
1 Bath
756 Sq Ft
$408/mo HOA Fee

Last Sold May 16, 2018

Last sale price $255,000 $337 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,926/month

Highlights

  • Ocean View
  • In Ground Pool
  • Furnished
  • Ocean City Elementary School Rated A
  • Waterfront
  • Upgraded Countertops

About This Home

As of May 2018

Direct Oceanfront condo with many upgrades! Beautiful kitchen with solid surface counters, new stainless steel appliances, backsplash and a counter bar. This property has been enjoyed by it's owners, but would make a great rental. Relax on the large private balcony and enjoy the unobstructed ocean view and the oceanfront pool! The Beachmark building is very well maintained and has a great mid-town location. Sold fully furnished. A few other features include hurricane shutters, storage area, covered assigned parking, new baseboard heating and new AC unit in living room.

Last Agent to Sell the Property

Cindy Poremski

Berkshire Hathaway HomeServices PenFed Realty - OP License #510852 Listed on: 02/15/2018

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Cindy Poremski

Berkshire Hathaway HomeServices PenFed Realty - OP License #510852 Listed on: 02/15/2018

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,354

Year Built

  • Built in 1968

Lot Details

  • Waterfront
  • East Facing Home
  • Cleared Lot

HOA Fees

  • $408 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Stick Built Home
  • Dryvit Stucco
  • Masonry

Interior Spaces

  • 756 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Pool

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony
  • Storage Shed

Location

  • Flood Risk

Schools

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

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3H
  • Assessor Parcel Number 084547

Community Details

Overview

  • 1 Elevator
  • Mid-Rise Condominium
  • Beachmark Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,354

Year Built

Built in 1968

Lot Details

0

HOA Fees

$408 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
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Window A/C Unit(s)
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1968
  • Remarks Public: Direct Oceanfront condo with many upgrades! Beautiful kitchen with solid surface counters, new stainless steel appliances, backsplash and a counter bar. This property has been enjoyed by it's owners, but would make a great rental. Relax on the large private balcony and enjoy the unobstructed ocean view and the oceanfront pool! The Beachmark building is very well maintained and has a great mid-town location. Sold fully furnished. A few other features include hurricane shutters, storage area, covered assigned parking, new baseboard heating and new AC unit in living room.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator
  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s), Upgraded Countertops, Window Treatments
  • Elevators Count: 1
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Living Area Units: Square Feet
  • Total Sq Ft: 756
  • Living Area Sq Ft: 756
  • Price Per Sq Ft: 337.30
  • Above Grade Finished Sq Ft: 756
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7301

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Masonry, Dryvit, Stick Built
  • Construction Completed: No
  • Pool Features: In Ground
  • 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: Yes - Community, Yes - Personal
  • 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: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4892.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Laundry Facilities, Pool - Outdoor
  • HOA: No

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

Lot Info

  • Lot Features: Cleared, Poolside
  • Outdoor Living Structures: Balcony
  • Zoning Description: R3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5404035
  • Assessor Parcel Number: 084547
  • Tax Lot: 3H
  • County Tax Payment Frequency: Annually
  • Close Date: 05/16/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
May 16, 2018
Sold by
Ray Christopher
Bought by
Lloyd Renae I
Seller's Agent
Cindy Poremski
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Cindy Poremski
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$413,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,886
Avg. Annual Appreciation
6.99%
Original Mortgage
$229,500
Outstanding Balance
$198,452
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$219,886

Purchase Details

Closed on
Feb 1, 2016
Sold by
4 For The Beach Llc
Bought by
Ray Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Mackown Family Trust
Bought by
4 For The Beach Llc

Purchase Details

Closed on
Jun 30, 2008
Sold by
Mackown Mackown A
Bought by
Mackown Family Trust

Purchase Details

Closed on
Jun 16, 2008
Sold by
Mackown Mackown A
Bought by
Mackown Family Trust

Purchase Details

Closed on
Dec 1, 1998
Sold by
Mackown Alfred B
Bought by
Mackown Mackown A
Source: Public Records

Range of Values:

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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
Lloyd Renae I $255,000 Precise Title Inc
Ray Christopher $227,000 First American Title Ins Co
4 For The Beach Llc $223,000 --
Mackown Family Trust -- --
Mackown Family Trust -- --
Mackown Mackown A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lloyd Renae I $229,500
Previous Owner Ray Christopher $181,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2018 05/16/18 Sold $255,000 0.0% $337 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $255,000 -- $337 / 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 $2,990 $211,600 $148,100 $63,500
2019 $3,010 $211,600 $148,100 $63,500
2018 $2,980 $211,600 $148,100 $63,500
2017 $2,933 $213,100 $0 $0
2016 -- $206,567 $0 $0
2015 $2,976 $200,033 $0 $0
2014 $2,976 $193,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy Poremski

    Seller's Agent in 2018

    Cindy Poremski

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (410) 430-9988

    22 in this area

    134 Total Sales

    Cindy Poremski
    Section Image
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About Beachmark Condo

Map

Source: Bright MLS

MLS Number: 1001536670

Bright MLS

APN: 10-084547

Maryland Worcester County Ocean City 21842

7301 Atlantic Ave Unit 3H, Ocean City, MD

This home is located at 7301 Atlantic Ave Unit 3H, Ocean City, MD 21842 since 15 February 2018 and is currently estimated at $413,886, approximately $547 per square foot. This property was built in 1968. 7301 Atlantic Ave Unit 3H 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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