NOT LISTED FOR SALE

9 130th St Unit 307 Ocean City, MD 21842

Estimated Value: $296,313 - $325,000

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

Last Sold February 17, 2023

Last sale price $292,500 $406 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,029/month

13 Days on Market

Highlights

  • Ocean View
  • Penthouse
  • Open Floorplan
  • Ocean City Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • Coastal Architecture

About This Home

As of February 2023

North Ocean City 1 bedroom 1 bathroom condo with 720 Sq Ft! Just one building back from direct Oceanfront and within blocks to Ocean City’s Northside Park. Enjoy mornings sipping coffee while looking at the Ocean from the oversized balcony with room for a large table and loungers. The condo offers a large bedroom with two queen size beds, kitchen, luxury vinyl flooring, large living room and newer washer/dryer. The well-maintained condo comes complete with furnishings and outside storage for all your beach essentials! Banana Beach condominiums has low COA fee’s and offers a paved parking lot with 1 assigned parking space. There is an abundance of parking with the FREE off-street parking. Conveniently located near shopping, restaurants, entertainment, fourth of July fireworks, public transportation and grocery. Call today for your private showing.

Last Agent to Sell the Property

Carol Proctor

(443) 567-0650 carol@carolproctor.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288 Listed on: 01/06/2023

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Mark Day

(301) 758-2751 mark.day@LNF.com Long & Foster Real Estate, Inc. License #532626

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,979

Year Built

  • Built in 1971

Lot Details

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

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Penthouse
  • Coastal Architecture
  • Entry on the 3rd floor
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 720 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Family Room Off Kitchen
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Exterior Lighting
  • Storage Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 307
  • Assessor Parcel Number 2410157307

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, reserve funds, trash
  • Low-Rise Condominium
  • Banana Beach Condos, Phone Number (301) 346-7951
  • Banana Beach Community

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,979

Year Built

Built in 1971

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Exclusions: personal
  • Home Warranty: No
  • Inclusions: full furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: North Ocean City 1 bedroom 1 bathroom condo with 720 Sq Ft! Just one building back from direct Oceanfront and within blocks to Ocean City’s Northside Park. Enjoy mornings sipping coffee while looking at the Ocean from the oversized balcony with room for a large table and loungers. The condo offers a large bedroom with two queen size beds, kitchen, luxury vinyl flooring, large living room and newer washer/dryer. The well-maintained condo comes complete with furnishings and outside storage for all your beach essentials! Banana Beach condominiums has low COA fee’s and offers a paved parking lot with 1 assigned parking space. There is an abundance of parking with the FREE off-street parking. Conveniently located near shopping, restaurants, entertainment, fourth of July fireworks, public transportation and grocery. Call today for your private showing.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Laminated, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Tub Shower
  • Window Features: Casement, Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated, Sliding Glass, Storm
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 720
  • Living Area Sq Ft: 720
  • Price Per Sq Ft: 406.25
  • Above Grade Finished Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

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
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Masonry, Concrete
  • Exterior Features: Exterior Lighting, Outside Shower
  • Road Surface Type: Paved
  • Roof: Built-Up
  • View: Ocean, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 200.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Banana Beach
  • Condo Co-Op Phone: 301-346-7951
  • HOA Condo Co-Op Amenities: Storage Bin
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Reserve Funds, Trash
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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
  • 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

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5410185
  • Tax Annual Amount: 1979.00
  • Assessor Parcel Number: 2410157307
  • Tax Lot: 307
  • Tax Total Finished Sq Ft: 720
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/17/2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 16, 2023
Sold by
Moxey Anjoli Enid
Bought by
Burke John and Burke Lisa
Seller's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Mark Day
Long & Foster Real Estate, Inc.
List Price
$299,999
Sold Price
$292,500
Premium/Discount to List
-$7,499
-2.5%
Views
67
Current Estimated Value
$308,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,578
Avg. Annual Appreciation
1.96%
Original Mortgage
$98,000
Outstanding Balance
$94,925
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$213,153

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 8, 2021
Sold by
Grieco Mary Ann
Bought by
Moxey Anjoli Enid
Seller's Agent
Mary Ann O'Malley
RE/MAX Advantage Realty
Buyer's Agent
Sherri Hearn
Coldwell Banker Realty
List Price
$244,900
Sold Price
$237,500
Premium/Discount to List
-$7,400
-3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.55%
Original Mortgage
$225,625
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Burke John $292,000 --
Moxey Anjoli Enid $237,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke John $98,000
Previous Owner Moxey Anjoli Enid $225,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2023 02/17/23 Sold $292,500 -0.8% $406 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
01/18/2023 01/18/23 Price Changed $294,999 -1.7% $410 / Sq Ft
01/06/2023 01/06/23 For Sale $299,999 +26.3% $417 / Sq Ft
10/08/2021 10/08/21 Sold $237,500 -3.0% $330 / Sq Ft View Prior Sale
09/01/2021 09/01/21 For Sale $244,900 -- $340 / 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 $2,394 $202,800 $0 $0
2024 $2,394 $171,600 $0 $0
2023 $1,973 $140,400 $70,200 $70,200
2022 $1,973 $140,400 $70,200 $70,200
2021 $1,984 $140,400 $70,200 $70,200
2020 $1,991 $140,400 $70,200 $70,200
2019 $1,997 $140,400 $70,200 $70,200
2018 $1,977 $140,400 $70,200 $70,200
2017 $1,983 $141,100 $0 $0
2016 -- $139,667 $0 $0
2015 $2,030 $138,233 $0 $0
2014 $2,030 $136,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2011764

Bright MLS

APN: 10-157307