$295,000
SOLD OCT 2, 2020

Beachmark Condo 7301 Atlantic Ave Unit 4J Ocean City, MD 21842

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

Recently Sold

$390 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Wainscoting
  • Ocean City Elementary School Rated A
  • Community Pool
  • Combination Kitchen and Dining Room

About This Home

As of October 2020

Spacious 1 bedroom Oceanfront condo in well maintained masonry building. Prime 4th floor location offers truly amazing views of the Beach and Ocean. The extra wide floor plan sets this condo apart from most 1 bedroom units in town. There is a huge private Oceanfront Porch & Large Oceanfront outdoor pool, an outside storage closet, The balcony comes with storm shutters, building has an elevator and assigned parking. Fantastic mid-town location close to numerous eateries, shops and easy access to rt. 90. Building exterior redone within past 5 years. Pool redone in 2016. Well maintained w/Newer flooring, A.C. unit. Not a rental but has high potential as a vacation rental property.

Last Agent to Sell the Property

Anthony Golden

Berkshire Hathaway HomeServices PenFed Realty Listed on: 08/24/2020

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Carol Proctor

Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288

Last Buyer's Agent

Karen Staskey

Berkshire Hathaway HomeServices PenFed Realty-WOC License #651580

Berkshire Hathaway HomeServices PenFed Realty-WOC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,990

Year Built

  • Built in 1968

Lot Details

  • Waterfront
  • Property is in very good condition

HOA Fees

  • $459 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 756 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wainscoting
  • Ceiling Fan
  • Window Treatments
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near an ocean

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 4J
  • Assessor Parcel Number 10-084121

Community Details

Overview

  • Mid-Rise Condominium
  • Beachmark Community
  • Property Manager

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,990

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: Fee Simple
  • Exclusions: personal items
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furniture/accessories
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Remarks Public: Spacious 1 bedroom Oceanfront condo in well maintained masonry building. Prime 4th floor location offers truly amazing views of the Beach and Ocean. The extra wide floor plan sets this condo apart from most 1 bedroom units in town. There is a huge private Oceanfront Porch & Large Oceanfront outdoor pool, an outside storage closet, The balcony comes with storm shutters, building has an elevator and assigned parking. Fantastic mid-town location close to numerous eateries, shops and easy access to rt. 90. Building exterior redone within past 5 years. Pool redone in 2016. Well maintained w/Newer flooring, A.C. unit. Not a rental but has high potential as a vacation rental property.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 4
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Wainscotting, Window Treatments
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 756
  • Living Area Sq Ft: 756
  • Price Per Sq Ft: 396.69
  • 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: Masonry
  • Roof: Built-Up, Flat
  • Water Access: Yes
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1376.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5403998
  • Tax Annual Amount: 2990.00
  • Assessor Parcel Number: 10-084121
  • Tax Lot: 4J
  • Tax Total Finished Sq Ft: 756
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/02/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 2, 2020
Sold by
Marshall Jennifer A
Bought by
Caudill Barry E and Caudill Patti Jane
Seller's Agent
Anthony Golden
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Karen Staskey
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Current Estimated Value
$409,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,224
Avg. Annual Appreciation
7.57%
Original Mortgage
$230,000
Outstanding Balance
$205,495
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$216,275

Purchase Details

Listed on
Jul 9, 2020
Closed on
Jul 31, 2020
Sold by
Hawkins Robert R and Hawkins Wendy
Bought by
Marshall Jennifer A
Seller's Agent
Anthony Golden
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Bobbi Prescott
RE/MAX Results
List Price
$279,900
Sold Price
$280,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.93%

Purchase Details

Listed on
Apr 8, 2018
Closed on
May 11, 2018
Sold by
Schindler Max A and Schindler Elaine B
Bought by
Hawkins Robert R and Hawkins Wendy
Seller's Agent
Anthony Golden
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Anthony Golden
Berkshire Hathaway HomeServices PenFed Realty
List Price
$259,900
Sold Price
$257,500
Premium/Discount to List
-$2,400
-0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$231,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2006
Sold by
David Ernest D
Bought by
Schindler Max A and Schindler Elaine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2006
Sold by
David Ernest D
Bought by
Schindler Max A and Schindler Elaine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 Type Sale Price Title Company
Special Warranty Deed $295,000 Capitol Title Group
Deed $280,000 Village Settlements Inc
Deed $257,500 Capitol Title Ins Agency
Deed $325,000 --
Deed $325,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,000 New Conventional
Previous Owner $231,750 New Conventional
Previous Owner $248,700 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $260,000 Purchase Money Mortgage
Previous Owner $260,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $295,000 -1.6% $390 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $299,900 +7.1% $397 / Sq Ft
07/31/2020 07/31/20 Sold $280,000 0.0% $370 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $279,900 +8.7% $370 / Sq Ft
05/11/2018 05/11/18 Sold $257,500 -0.9% $341 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
04/08/2018 04/08/18 For Sale $259,900 -- $344 / 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 $3,111 $220,700 $154,400 $66,300
2022 $3,059 $217,667 $0 $0
2021 $3,033 $214,633 $0 $0
2020 $3,010 $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

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Map

Source: Bright MLS

MLS Number: MDWO116266

Bright MLS

APN: 10-084121