NOT LISTED FOR SALE

8 63rd St Ocean City, MD 21842

Estimated Value: $426,048 - $522,000

2 Beds
2 Baths
996 Sq Ft
$458/ mo HOA Fee

Last Sold June 23, 2020

Last sale price $275,000 $276 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,299/month

188 Days on Market

Highlights

  • Ocean View
  • Water Oriented
  • Open Floorplan
  • Ocean City Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • Main Floor Bedroom

About This Home

As of June 2020

Fabulous mid-town ocean block location: This well maintained 2 bedroom/2 bath unit with views of the ocean and bay is just steps to the sand and surf. Offering a spacious open floor plan, kitchen with breakfast bar, adjoining dining space, wet bar, and large living room leading to over sized private balcony where you can relax and enjoy gorgeous sunrise and sunsets. Sun filled with southern exposure. Sun Rise Sea condominium complex features an outdoor pool, elevator, and covered parking. This beach getaway is perfect for entertaining guests and ideally located within short walking distance to nearby shopping, beach bars, and restaurants in town. A wonderful opportunity to own your piece of paradise at the beach or excellent rental investment.

Last Agent to Sell the Property

Suzanne Macnab

(410) 723-3600 blawrence.rma@gmail.com RE/MAX Advantage Realty License #95214 Listed on: 11/05/2019

RE/MAX Advantage Realty

Last Buyer's Agent

Jim Corson

(410) 822-6665 info@bensonandmangold.com Benson & Mangold, LLC

Benson & Mangold, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,471

Year Built

  • Built in 1987

Lot Details

  • Building is oceanfront but unit may not have water views
  • Sprinkler System

HOA Fees

  • $458 Monthly HOA Fees

Property Views

  • Ocean
  • Bay

Home Design

  • Entry on the 2nd floor
  • Flat Roof Shape
  • Masonry

Interior Spaces

  • 996 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 8323
  • Assessor Parcel Number 10-307570

Community Details

Overview

  • Association fees include insurance, pool(s), common area maintenance, exterior building maintenance, management, water
  • Low-Rise Condominium
  • Sun Rise Sea Community
  • Property Manager

Recreation

  • Community Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,471

Year Built

Built in 1987

Lot Details

0 Sq Ft Lot

HOA Fees

$458 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Water Heater, Dishwasher, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Combination Dining/Living, Primary Bath(s), Tub Shower, Window Treatments, Sprinkler System
  • Window Features: Screens, Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 996
  • Living Area Sq Ft: 996
  • Price Per Sq Ft: 300.20
  • Above Grade Finished Sq Ft: 996
  • Above Grade Finished Area Units: Square Feet

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: Masonry
  • Exterior Features: Outside Shower
  • Roof: Flat
  • Spa: No
  • View: Ocean, Bay
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1375.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Insurance, Pool(s), Common Area Maintenance, Ext Bldg Maint, Management, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5423234
  • Tax Annual Amount: 3471.00
  • Assessor Parcel Number: 10-307570
  • Tax Lot: 8323
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Jun 11, 2020
Sold by
Fowell Andrew J and Fowell Sylvia M
Bought by
Ainsworth Susan Lynn and Ainsworth Peter
Seller's Agent
Suzanne Macnab
RE/MAX Advantage Realty
Buyer's Agent
Jim Corson
Benson & Mangold, LLC
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Current Estimated Value
$469,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,262
Avg. Annual Appreciation
9.76%
Original Mortgage
$247,500
Outstanding Balance
$219,390
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$249,872

Purchase Details

Closed on
Nov 30, 2015
Sold by
Fowell Andrew J and Fowell Sylvia M
Bought by
Fowell Andrew J and Fowell Sylvia M

Purchase Details

Closed on
Mar 10, 2003
Sold by
Fowell Andrew J and Fowell Sylvia M
Bought by
Fowell Andrew J and Fowell Sylvia M

Purchase Details

Closed on
Dec 21, 1988
Sold by
Brzostek Melvin E and Brzostek Margaret M
Bought by
Fowell Andrew J and Fowell Sylvia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
10.71%

Purchase Details

Closed on
Aug 18, 1988
Sold by
Coast Development Corporation
Bought by
Brzostek Melvin E and Brzostek Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,700
Interest Rate
10.57%
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ainsworth Susan Lynn $275,000 Ocean Investments Title Corp
Fowell Andrew J -- None Available
Fowell Andrew J -- --
Fowell Andrew J $110,000 --
Brzostek Melvin E $105,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ainsworth Susan Lynn $247,500
Previous Owner Fowell Andrew J $88,000
Previous Owner Brzostek Melvin E $84,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2020 06/23/20 Sold $275,000 -8.0% $276 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
11/05/2019 11/05/19 For Sale $299,000 -- $300 / 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 $4,796 $351,233 $0 $0
2024 $3,965 $284,167 $0 $0
2023 $3,051 $217,100 $108,500 $108,600
2022 $3,051 $217,100 $108,500 $108,600
2021 $3,068 $217,100 $108,500 $108,600
2020 $3,447 $244,000 $122,000 $122,000
2019 $3,471 $244,000 $122,000 $122,000
2018 $3,437 $244,000 $122,000 $122,000
2017 $3,507 $247,000 $0 $0
2016 -- $247,000 $0 $0
2015 $3,514 $247,000 $0 $0
2014 $3,514 $256,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO110030

Bright MLS

APN: 10-307570

Your Personal Tour Guide

Ask me questions while you tour the home.