NOT LISTED FOR SALE

8 74th St Unit 2W Ocean City, MD 21842

Estimated Value: $384,000 - $474,000

3 Beds
2 Baths
840 Sq Ft
1973 Built

Sale Details

Date Sold: December 15, 2017

Last sale price $283,000 $337 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,782 / mo

24 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Balcony
  • Ocean City Elementary School Rated A
  • Upgraded Countertops
  • Outdoor Shower

About This Home

As of December 2017

BRAND NEW EVERYTHING! An extraordinary Ocean City experience awaits you at this beautifully appointed ocean block residence, Sea Wave- Unit 2w. This 3 BR, 2 Bath, upgraded unit has views of the Atlantic Ocean as well as the Assawoman Bay and is just steps to the beach being one building back from oceanfront. Within, one will find new stainless steal appliances, granite countertops, hardwood tile through-out, new HVAC, new cabinetry, custom bathrooms, fresh paint and more. Desirable small 6 unit building. Large balcony and assigned parking with overflow spots. New roof on the building last spring. This unit is a must see!! Top producing rental! Grossed over 26k for the 2017 season.

Last Agent to Sell the Property

Barbara Busch

(410) 524-0295 troypurn@aol.com Resort Real Estate Inc Listed on: 10/06/2017

Co-Listed By

Ross Kendall

(410) 524-0295 troypurn@aol.com Resort Real Estate Inc

Last Buyer's Agent

Jessica Lynch

(443) 856-2211 cinchwithlynchoc@gmail.com Coldwell Banker Realty License #652307

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

HOA Fees

  • $225 Monthly HOA Fees

Property Views

  • Ocean
  • Bay

Home Design

  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 840 Sq Ft Home
  • Furnished
  • Window Treatments
  • Window Screens
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Garage Space
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Balcony

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Cleared Lot
  • Flood Risk

Community Details

  • 6 Units
  • Low-Rise Community
  • Sea Wave Community

Listing and Financial Details

  • Tax Lot 2W
  • Assessor Parcel Number 084393

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

HOA Fees

$225 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
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Icemaker, Washer/Dryer Stacked
  • Interior Amenities: Upgraded Countertops, Window Treatments
  • Window Features: Screens
  • Foundation Details: Pilings
  • Living Area Units: Square Feet
  • Total Sq Ft: 840
  • Living Area Sq Ft: 840
  • Price Per Sq Ft: 338.93
  • Above Grade Finished Sq Ft: 840
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Bay, Ocean, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Off Street
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • 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: 2700.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Outdoor Living Structures: Balcony
  • Zoning Description: R3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5404021
  • Assessor Parcel Number: 084393
  • Tax Lot: 2W
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2017
Closed on
Dec 15, 2017
Sold by
Saleting Barbara and Kendall Ross L
Bought by
Jent Jeffrey B
Seller's Agent
Barbara Busch
Resort Real Estate Inc
Buyer's Agent
Jessica Lynch
Coldwell Banker Realty
List Price
$290,000
Sold Price
$283,000
Premium/Discount to List
-$7,000
-2.41%
Current Estimated Value
$426,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,218
Avg. Annual Appreciation
5.07%
Original Mortgage
$254,700
Outstanding Balance
$214,435
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$211,783
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
Jent Jeffrey B $283,000 Maryland Title Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jent Jeffrey B $254,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $283,000 -0.6% $337 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
10/28/2017 10/28/17 Price Changed $284,700 -1.8% $339 / Sq Ft
10/06/2017 10/06/17 For Sale $290,000 -- $345 / 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 $3,143 $230,133 $0 $0
2024 $2,906 $208,267 $0 $0
2023 $2,620 $186,400 $93,200 $93,200
2022 $2,620 $186,400 $93,200 $93,200
2021 $2,634 $186,400 $93,200 $93,200
2020 $2,634 $186,400 $93,200 $93,200
2019 $2,652 $186,400 $93,200 $93,200
2018 $2,625 $186,400 $93,200 $93,200
2017 $2,633 $186,400 $0 $0
2016 -- $186,400 $0 $0
2015 $2,742 $186,400 $0 $0
2014 $2,742 $187,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000518478

Bright MLS

APN: 10-084393

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