NOT LISTED FOR SALE

8 44th St Unit 1 Ocean City, MD 21842

Estimated Value: $411,000 - $491,000

2 Beds
2 Baths
1,200 Sq Ft
$237/mo HOA Fee

Last Sold August 24, 2018

Last sale price $106,000 $88 Per Sq Ft

Est. 320% increase in value since last sale

Current estimated payment $2,895/month

Highlights

  • Ocean View
  • Main Floor Bedroom
  • Balcony
  • Ocean City Elementary School Rated A
  • Furnished
  • Central Air

About This Home

As of August 2018

Unique opportunity to own by the beach. This spacious 2 bedroom/2 bathroom fully-furnished condo is one-half block from the beach, has a large balcony and an ocean view. Near so much of what Ocean City has to offer.This listing reflects a 50% ownership.

Last Agent to Sell the Property

Mr. Jacob Todd

jacob.todd@cbmove.com Coldwell Banker Realty Listed on: 05/16/2018

Last Buyer's Agent

Molly Beringson

(410) 723-3669 Molly@mollyb.com Newport Bay Realty License #508735

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,583

Year Built

  • Built in 1986

Lot Details

  • South Facing Home
  • Cleared Lot

HOA Fees

  • $237 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Screens
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Storage Shed

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 299527

Community Details

Overview

  • Low-Rise Condominium
  • Sea Locker Community

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,583

Year Built

Built in 1986

Lot Details

0

HOA Fees

$237 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
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Remarks Public: Unique opportunity to own by the beach. This spacious 2 bedroom/2 bathroom fully-furnished condo is one-half block from the beach, has a large balcony and an ocean view. Near so much of what Ocean City has to offer.This listing reflects a 50% ownership.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Screens
  • Door Features: Storm
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 95.83
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

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
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Roof: Asphalt
  • View: Ocean, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • 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: 2847.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: 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
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2017
  • Zoning: RES
  • Zoning Description: R3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5422533
  • Tax Annual Amount: 1583.00
  • Assessor Parcel Number: 299527
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/24/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Aug 24, 2018
Sold by
Sparkman Robert T and Sparkman Cynthia T
Bought by
Campbell Kevin and Campbell Rebecca
Seller's Agent
Mr. Jacob Todd
Coldwell Banker Realty
Buyer's Agent
Molly Beringson
Newport Bay Realty
List Price
$115,000
Sold Price
$106,000
Premium/Discount to List
-$9,000
-7.83%
Current Estimated Value
$445,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,301
Avg. Annual Appreciation
22.09%

Purchase Details

Closed on
Jul 9, 2002
Sold by
Gray Judith A and Gray Robert T
Bought by
Gray Judith A T and Gray Robert T

Purchase Details

Closed on
Aug 15, 1996
Sold by
Gray Judith A
Bought by
Gray Judith A T and Gray Robert T

Purchase Details

Closed on
May 22, 1996
Sold by
Gray Edward W and Gray Judith A
Bought by
Gray Judith A
Source: Public Records

Range of Values:

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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
Campbell Kevin $106,000 Ocean Investments Title Corp
Gray Judith A T $16,667 --
Gray Judith A T $29,333 --
Gray Judith A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $106,000 -7.8% $88 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $115,000 -- $96 / 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 $3,867 $283,200 $0 $0
2024 $3,299 $236,400 $0 $0
2023 $2,665 $189,600 $94,800 $94,800
2022 $2,665 $189,600 $94,800 $94,800
2021 $2,679 $189,600 $94,800 $94,800
2020 $2,679 $189,600 $94,800 $94,800
2019 $2,697 $189,600 $94,800 $94,800
2018 $2,670 $189,600 $94,800 $94,800
2017 $2,678 $189,600 $0 $0
2016 -- $189,600 $0 $0
2015 $2,851 $189,600 $0 $0
2014 $2,851 $189,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001563440

Bright MLS

APN: 10-299527