Seller's Agent in 2019
JOSEPH GEIGER
BHHS PenFed (actual)
(443) 880-6707
3 in this area
13 Total Sales
8 57th St Unit 4 Ocean City, MD 21842
Estimated Value: $285,717 - $391,000
2
Beds
1
Bath
640
Sq Ft
$133/mo
HOA Fee
Highlights
- Water Oriented
- Building is oceanfront but unit may not have water views
- Wood Flooring
- Ocean City Elementary School Rated A
- Coastal Architecture
- Attic
About This Home
As of September 2019Enjoy the ocean breeze from your second floor, ocean view, condo and spacious porch. Newly remodeled kitchen, floors, bathroom and more. Bonus access to attic for extra storage or expansion. Private off-street parking. Best of beach living...steps to the beach, entertainment and popular restaurants. Pet friendly. Rental potential $15,000 per season. Motivated Seller offering $5,000 allowance for future building repairs
Last Agent to Sell the Property
(443) 880-6707 joe.geiger1@verizon.net Berkshire Hathaway HomeServices PenFed Realty License #653638 Listed on: 06/04/2019
Last Buyer's Agent
(443) 226-6362 jeff.nelson@monumentsothebysrealty.com Monument Sotheby's International Realty License #596429
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,989
Year Built
- Built in 1961
Lot Details
- Building is oceanfront but unit may not have water views
- 1 Common Wall
- South Facing Home
- Property is in very good condition
HOA Fees
- $133 Monthly HOA Fees
Home Design
- Coastal Architecture
- Cottage
- Entry on the 2nd floor
- Block Foundation
- Wood Walls
- Shingle Roof
- Stick Built Home
Interior Spaces
- 640 Sq Ft Home
- Property has 2 Levels
- Furnished
- Wood Ceilings
- Ceiling Fan
- Attic
Kitchen
- Stove
- Built-In Microwave
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Parking
- Private Parking
- Free Parking
- Shared Driveway
- Off-Street Parking
- Fenced Parking
Outdoor Features
- Water Oriented
- Property is near an ocean
Schools
- Ocean City Elementary School
- Berlin Middle School
- Stephen Decatur High School
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Water Heater
Additional Features
- More Than Two Accessible Exits
- Flood Risk
Community Details
- Association fees include lawn maintenance, insurance
- 4 Units
- Low-Rise Condominium
- Aloha Community
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 7959
- Assessor Parcel Number 10-209277
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2019
Closed on
Sep 30, 2019
Sold by
Hughes Charles B and Hughes Lisa A
Bought by
Dominelli Michael Frank
Seller's Agent
JOSEPH GEIGER
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Jeffrey Nelson
Monument Sotheby's International Realty
List Price
$199,900
Sold Price
$171,000
Premium/Discount to List
-$28,900
-14.46%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,679
Avg. Annual Appreciation
10.86%
Purchase Details
Closed on
May 11, 2015
Sold by
Formwalt Robert G
Bought by
Hughes Charles B and Hughes Lisa A
Purchase Details
Closed on
Jun 20, 1984
Sold by
Goldberg Allan and Goldberg Annette
Bought by
Kines Dwight R and Kines Janet L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,250
Interest Rate
14.47%
Purchase Details
Closed on
Jul 17, 1981
Sold by
Lake William H and Lake Jean S
Bought by
Goldberg Allan and Goldberg Annette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
16.74%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dominelli Michael Frank | $171,000 | American Land Title Corp | |
| Hughes Charles B | $146,000 | Attorney | |
| Kines Dwight R | $52,500 | -- | |
| Goldberg Allan | $42,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kines Dwight R | $47,250 | |
| Previous Owner | Goldberg Allan | $38,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2019 09/30/19 | Sold | $171,000 | -12.3% | $267 / Sq Ft |
| 09/10/2019 09/10/19 | Pending | -- | -- | -- |
| 07/22/2019 07/22/19 | Price Changed | $194,900 | -2.5% | $305 / Sq Ft |
| 06/04/2019 06/04/19 | For Sale | $199,900 | -- | $312 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,389 | $174,933 | $0 | $0 |
| 2024 | $2,203 | $157,867 | $0 | $0 |
| 2023 | $1,979 | $140,800 | $70,400 | $70,400 |
| 2022 | $1,979 | $140,800 | $70,400 | $70,400 |
| 2021 | $1,990 | $140,800 | $70,400 | $70,400 |
| 2020 | $1,989 | $140,800 | $70,400 | $70,400 |
| 2019 | $2,003 | $140,800 | $70,400 | $70,400 |
| 2018 | $1,983 | $140,800 | $70,400 | $70,400 |
| 2017 | $2,162 | $155,500 | $0 | $0 |
| 2016 | -- | $152,300 | $0 | $0 |
| 2015 | $2,166 | $149,100 | $0 | $0 |
| 2014 | $2,166 | $145,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
JOSEPH GEIGER
-
Jeffrey Nelson
J
Buyer's Agent in 2019
Jeffrey Nelson
Monument Sotheby's International Realty
(443) 226-6362
104 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO106728
APN: 10-209277
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