$257,500
SOLD MAY 11, 2018

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

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

Recently Sold

$341 Per Sq Ft

1% Below List Price

Highlights

  • Ocean View
  • Waterfront
  • Corner Lot
  • Ocean City Elementary School Rated A
  • Deck
  • Furnished

About This Home

As of October 2020

Enjoy the sights and sounds of the Ocean and Beach from this spacious 1 bedroom Oceanfront condo in well maintained masonry building. Prime 4th floor location offers truly amazing views. The extra wide floor plan sets this condo apart from most 1 bedroom units in town. Large outdoor pool, outside storage closet, balcony storm shutters, elevator and under cover assigned parking. Fantastic mid-town location close to numerous eateries, shops and 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: 04/08/2018

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Carol Proctor

Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288

Last Buyer's Agent

Anthony Golden

Berkshire Hathaway HomeServices PenFed Realty Listed on: 04/08/2018

Berkshire Hathaway HomeServices PenFed Realty

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 4th 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
  • Window Screens
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Pool

  • Poolside Lot
  • Outdoor Shower

Outdoor Features

  • 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

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4J
  • Assessor Parcel Number 084121

Community Details

Overview

  • 1 Elevator
  • Mid-Rise Condominium
  • Beachmark Community

Recreation

  • Community Pool

Additional Features

  • Laundry Facilities
  • Storm Doors

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
  • Exclusions: Personal items. Some dishes in credenza
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Exhaust Fan(s)
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1968
  • Remarks Public: Enjoy the sights and sounds of the Ocean and Beach from this spacious 1 bedroom Oceanfront condo in well maintained masonry building. Prime 4th floor location offers truly amazing views. The extra wide floor plan sets this condo apart from most 1 bedroom units in town. Large outdoor pool, outside storage closet, balcony storm shutters, elevator and under cover assigned parking. Fantastic mid-town location close to numerous eateries, shops and 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: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Icemaker
  • Entry Floor: 4
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Door Features: Storm
  • 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: 343.78
  • 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
  • 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: Yes - Community
  • 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 Sewer Expenses: 400.00
  • 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, Corner, Poolside
  • 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: 5403998
  • Assessor Parcel Number: 084121
  • Tax Lot: 4J
  • County Tax Payment Frequency: Annually
  • Close Date: 05/11/2018

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
$415,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,262
Avg. Annual Appreciation
6.84%
Original Mortgage
$230,000
Outstanding Balance
$205,495
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$203,729

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

Range of Values:

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Average Value
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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 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: 1001536702

Bright MLS

APN: 10-084121