NOT LISTED FOR SALE

8 36th St Ocean City, MD 21842

Estimated Value: $268,000 - $299,000

1 Bed
1 Bath
525 Sq Ft
$200/mo HOA Fee

Last Sold May 25, 2022

Last sale price $265,000 $505 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,891/month

6 Days on Market

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • Ceiling Fan
  • Ocean City Elementary School Rated A
  • Furnished
  • Dogs and Cats Allowed

About This Home

As of May 2022

UNDER CONTRACT, ACCEPTING BACK-UP OFFERS. Top floor 1 bedroom in masonry building, on ocean block w/ OCEAN VIEWS! Being SOLD turnkey with furnishings, ready for the 2022 season! OH SO CLOSE to the beach! Nice balcony with ocean views and privacy! Shows pride of ownership, Living room wall A/C & Heat unit replaced 2021, bedroom A/C unit replaced 2022, bedroom ceiling fan replaced in 2021, Hot water heater replaced in 2017, upgraded carpet in 2017. Newer furnishings, VERY CLEAN! Recent building renovations included new windows and front door. Located on 36th street on a LOW DENSITY, WIDE beach and near several popular restaurants and the convention center.

Last Agent to Sell the Property

Mia McCarthy

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva Listed on: 04/22/2022

Keller Williams Realty Delmarva

Last Buyer's Agent

Danny Taglienti

(302) 360-0300 walt.t@kw.com Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 1975

Lot Details

  • Building is oceanfront but unit may not have water views
  • Property is in very good condition

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Entry on the 3rd floor
  • Masonry

Interior Spaces

  • 525 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Ocean Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Location

  • Flood Risk

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 305
  • Assessor Parcel Number 2410052440

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, reserve funds
  • Low-Rise Condominium
  • Sea Place Condos
  • Sea Place Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,861

Year Built

Built in 1975

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: See Inventory addendum.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-23
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Flooring Type: Carpet, Vinyl
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 525
  • Living Area Sq Ft: 525
  • Price Per Sq Ft: 523.81
  • Above Grade Finished Sq Ft: 525
  • Above Grade Finished Area Units: Square Feet

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: Block, Concrete, Masonry
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • 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: 600.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Sea Place
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Reserve Funds
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • 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

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5401481
  • Tax Annual Amount: 1861.00
  • Assessor Parcel Number: 2410052440
  • Tax Lot: 305
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 19, 2022
Sold by
Schif Albert W
Bought by
Wright-Elliott Neil and Wright-Elliott Victoria
Seller's Agent
Mia McCarthy
Keller Williams Realty Delmarva
Buyer's Agent
Danny Taglienti
Keller Williams Realty
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$282,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,067
Avg. Annual Appreciation
1.71%
Original Mortgage
$238,500
Outstanding Balance
$226,570
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$55,497

Purchase Details

Closed on
Oct 19, 2005
Sold by
Jones Michael A
Bought by
Schilf Albert W and Schilf Rosemary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2005
Sold by
Jones Michael A
Bought by
Schilf Albert W and Schilf Rosemary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Stegemerten John G
Bought by
Jones Michael A and Jones Lorraine W

Purchase Details

Closed on
Oct 17, 2000
Sold by
Taylor Alan R and Taylor Carol A
Bought by
Stegemerten John G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Wright-Elliott Neil -- None Listed On Document
Schilf Albert W $233,000 --
Schilf Albert W $233,000 --
Jones Michael A $167,500 --
Stegemerten John G $60,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright-Elliott Neil $238,500
Previous Owner Schilf Albert W $186,400
Previous Owner Schilf Albert W $186,400
Closed Stegemerten John G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $265,000 -3.6% $505 / Sq Ft
04/22/2022 04/22/22 For Sale $275,000 -- $524 / Sq Ft
Source: Bright MLS

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 $2,702 $197,900 $0 $0
2024 $2,300 $164,800 $0 $0
2023 $1,851 $131,700 $65,800 $65,900
2022 $1,851 $131,700 $65,800 $65,900
2021 $1,861 $131,700 $65,800 $65,900
2020 $1,868 $131,700 $65,800 $65,900
2019 $1,874 $131,700 $65,800 $65,900
2018 $1,855 $131,700 $65,800 $65,900
2017 $1,938 $136,500 $0 $0
2016 -- $136,500 $0 $0
2015 $1,959 $136,500 $0 $0
2014 $1,959 $143,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2007238

Bright MLS

APN: 10-052440