NOT LISTED FOR SALE

Beachmark Condo 7301 Atlantic Ave Unit 5A Ocean City, MD 21842

Estimated Value: $538,000 - $689,000

2 Beds
2 Baths
996 Sq Ft
$499/mo HOA Fee

Last Sold July 11, 2020

Last sale price $459,500 $461 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,066/month

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Sandy Beach
  • Ocean City Elementary School Rated A
  • Access to Tidal Water
  • Open Floorplan

About This Home

As of July 2020

Direct Oceanfront Top Floor 2 Bedroom 2 Bathroom End Unit at the well maintained Beachmark Complex on 74th Street! Lovingly maintained and upgraded, this is the condo at the beach that you have been waiting for! Upgrades include recently replaced windows, ceramic tile floors in the main living areas, front loading washer and dryer, and sturdy comfortable furnishings. The oversized balcony allows for plenty of outdoor living space and fantastic views of the Atlantic Ocean. Head to the oceanfront pool before or after the beach and soak up the sun. Building features a keyed elevator for security and additional private beach storage outside of the condo. Condominium association and building reserve account are strong. Basic cable is included in the condo fee. Put this one on your list to see today!

Last Agent to Sell the Property

Jonathan Barker

Keller Williams Realty Delmarva License #618143 Listed on: 06/04/2020

Keller Williams Realty Delmarva

Last Buyer's Agent

Sherry Thens

Coldwell Banker Realty License #657202

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,397

Year Built

  • Built in 1968

Lot Details

  • Ocean Front
  • Sandy Beach
  • Two or More Common Walls
  • West Facing Home
  • Stone Retaining Walls
  • Cleared Lot
  • Property is in very good condition

HOA Fees

  • $499 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Built-Up Roof

Interior Spaces

  • 996 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Wood Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Replacement Windows
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • 1 Assigned Parking Space

Pool

  • Poolside Lot
  • Outdoor Shower

Outdoor Features

  • Access to Tidal Water
  • Water Oriented
  • Property is near an ocean
  • Balcony
  • Outdoor Storage

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 5A
  • Assessor Parcel Number 10-084822

Community Details

Overview

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

Amenities

  • 1 Elevator

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,397

Year Built

Built in 1968

Lot Details

0

HOA Fees

$499 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: See Inventory Addendum
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1968
  • Building Winterized: No
  • Remarks Public: Direct Oceanfront Top Floor 2 Bedroom 2 Bathroom End Unit at the well maintained Beachmark Complex on 74th Street! Lovingly maintained and upgraded, this is the condo at the beach that you have been waiting for! Upgrades include recently replaced windows, ceramic tile floors in the main living areas, front loading washer and dryer, and sturdy comfortable furnishings. The oversized balcony allows for plenty of outdoor living space and fantastic views of the Atlantic Ocean. Head to the oceanfront pool before or after the beach and soak up the sun. Building features a keyed elevator for security and additional private beach storage outside of the condo. Condominium association and building reserve account are strong. Basic cable is included in the condo fee. Put this one on your list to see today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Water Heater
  • Entry Floor: 5
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Flat, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Tub Shower, Window Treatments
  • Window Features: Replacement, Screens, Sliding
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Sliding Glass, Storm
  • Elevators Count: 1
  • Wall Ceiling Types: Wood Ceilings
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 6
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Main Floor, Washer In Unit
  • Total Sq Ft: 996
  • Living Area Sq Ft: 996
  • Price Per Sq Ft: 461.35
  • Above Grade Finished Sq Ft: 996
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7301

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Exterior Features: Stone Retaining Walls, Outside Shower, Secure Storage
  • Roof: Built-Up, Flat
  • Spa: No
  • View: Ocean
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Lighted Parking, Paved Parking, Under Home Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1498.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Beachmark
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Snow Removal, Water, Cable Tv
  • 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
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: 012
  • Lot Features: Cleared, Poolside
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R-3
  • Zoning Description: Residential Condominium
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 22273.18
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5404058
  • Tax Annual Amount: 5397.00
  • Assessor Parcel Number: 10-084822
  • Tax Lot: 5A
  • Tax Total Finished Sq Ft: 996
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/11/2020

Multi Family

  • Federal Flood Zone: X
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 11, 2020
Sold by
Trinkle Thomas N and Trinkle Carol A
Bought by
Springer Barry and Springer Robin L
Seller's Agent
Jonathan Barker
Keller Williams Realty Delmarva
Buyer's Agent
Sherry Thens
Coldwell Banker Realty
List Price
$459,500
Sold Price
$459,500
Current Estimated Value
$583,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,608
Avg. Annual Appreciation
5.29%
Original Mortgage
$413,550
Outstanding Balance
$369,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$231,264

Purchase Details

Closed on
Sep 15, 2006
Sold by
Rossi Ronald P and Rossi Arlene A.
Bought by
Trinkle Thomas N and Trinkle Carol A

Purchase Details

Closed on
Sep 12, 2006
Sold by
Rossi Ronald P and Rossi Arlene A.
Bought by
Trinkle Thomas N and Trinkle Carol A

Purchase Details

Closed on
Jun 5, 1998
Sold by
Sclavounos John S
Bought by
Ross Ronald P and Ross Arlene A

Purchase Details

Closed on
Mar 5, 1996
Sold by
Sclavounos Peter J and Dean Costa
Bought by
Sclavounos John S and Sclavounos Costa Dean
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
Springer Barry $459,500 Capitol Title Group
Trinkle Thomas N $599,900 --
Trinkle Thomas N $599,900 --
Ross Ronald P $125,800 --
Sclavounos John S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Springer Barry $413,550
Previous Owner Trinkle Thomas N $1,351,000
Previous Owner Rossi Ronald P $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2020 07/11/20 Sold $459,500 0.0% $461 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $459,500 -- $461 / 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 $5,521 $411,933 $0 $0
2024 $5,521 $395,667 $0 $0
2023 $5,332 $379,400 $265,500 $113,900
2022 $5,332 $379,400 $265,500 $113,900
2021 $5,361 $379,400 $265,500 $113,900
2020 $5,361 $379,400 $265,500 $113,900
2019 $5,119 $359,833 $0 $0
2018 $4,792 $340,267 $0 $0
2017 $4,553 $320,700 $0 $0
2016 -- $320,700 $0 $0
2015 $4,781 $320,700 $0 $0
2014 $4,781 $320,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Barker

    Seller's Agent in 2020

    Jonathan Barker

    Keller Williams Realty Delmarva

    (410) 935-3810

    122 in this area

    196 Total Sales

    Jonathan Barker
    Section Image
  • Sherry Thens

    Buyer's Agent in 2020

    Sherry Thens

    Coldwell Banker Realty

    (302) 500-1809

    56 in this area

    118 Total Sales

    Sherry Thens
    Section Image
See All Agents

About Beachmark Condo

Map

Source: Bright MLS

MLS Number: MDWO114248

Bright MLS

APN: 10-084822

Maryland Worcester County Ocean City 21842

7301 Atlantic Ave Unit 5A, Ocean City, MD

This home is located at 7301 Atlantic Ave Unit 5A, Ocean City, MD 21842 since 04 June 2020 and is currently estimated at $583,108, approximately $585 per square foot. This property was built in 1968. 7301 Atlantic Ave Unit 5A 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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