NOT LISTED FOR SALE

9 37th St Unit 406 Ocean City, MD 21842

Estimated Value: $460,000 - $515,000

2 Beds
2 Baths
1,008 Sq Ft
$293/mo HOA Fee

Last Sold October 14, 2022

Last sale price $460,000 $456 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,241/month

Highlights

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

About This Home

As of October 2022

WOW # 406 SOVEREIGN SEA, 37TH ST, VERY LARGE 2 BR 2 BA, 1008 SQ FT, TOP FLOOR, 4TH FLOOR, FANTASTIC OCEAN & BAY VIEWS, HVAC 3 YEARS OLD, WASHER & DRYER 1 YEAR OLD, FULLY FURNISHED, NEWER REMODELED KITCHEN AND BOTH BATHROOM'S, PROPERTY IS IN FANTASTIC CONDITION, GREAT LOCATION IN TOWN, DIRECTY ACROSS FROM THE CASTLE IN THE SAND HOTEL, LIKE A RESORT AREA NEXT DOOR, ELEVATOR BUILDING, 1 ASSIGNED PARKING PLACE UNDER THE BUILDING AND 1 PARKING SPACE IN THE BACK LOT, PLENTY OF OFF STREET PARKING, YOU WILL LOVE THIS PROPERTY AND LOCATION, TAKE A LOOK AT THIS PROPERTY BEFORE YOU MAKE YOUR 2 BR 2 BA OCEAN BLOCK BUYING DECISION!!

Last Agent to Sell the Property

Wayne Phillips

Coastal Life Realty Group LLC Listed on: 08/30/2022

Last Buyer's Agent

Christina Menter

Keller Williams Realty Centre

Keller Williams Realty Centre

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,410

Year Built

  • Built in 1984

Lot Details

  • Building is oceanfront but unit may not have water views
  • Cleared Lot

HOA Fees

  • $293 Monthly HOA Fees

Property Views

  • Ocean
  • Bay
  • City

Home Design

  • Entry on the 4th floor
  • Flat Roof Shape
  • Slab Foundation
  • Built-Up Roof
  • Cement Siding
  • Piling Construction
  • Masonry

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Parking

  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Roof Mounted Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Water Treatment System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 406
  • Assessor Parcel Number 2410263697

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, reserve funds, snow removal, water
  • Low-Rise Condominium
  • Sovereign Sea Community

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,410

Year Built

Built in 1984

Lot Details

0

HOA Fees

$293 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
  • Exclusions: WALL HANGINGS IN THE LIVING AND DINING AREA
  • Home Warranty: No
  • Inclusions: SOLD FULLY FURNISHED
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: WOW # 406 SOVEREIGN SEA, 37TH ST, VERY LARGE 2 BR 2 BA, 1008 SQ FT, TOP FLOOR, 4TH FLOOR, FANTASTIC OCEAN & BAY VIEWS, HVAC 3 YEARS OLD, WASHER & DRYER 1 YEAR OLD, FULLY FURNISHED, NEWER REMODELED KITCHEN AND BOTH BATHROOM'S, PROPERTY IS IN FANTASTIC CONDITION, GREAT LOCATION IN TOWN, DIRECTY ACROSS FROM THE CASTLE IN THE SAND HOTEL, LIKE A RESORT AREA NEXT DOOR, ELEVATOR BUILDING, 1 ASSIGNED PARKING PLACE UNDER THE BUILDING AND 1 PARKING SPACE IN THE BACK LOT, PLENTY OF OFF STREET PARKING, YOU WILL LOVE THIS PROPERTY AND LOCATION, TAKE A LOOK AT THIS PROPERTY BEFORE YOU MAKE YOUR 2 BR 2 BA OCEAN BLOCK BUYING DECISION!!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 4
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Flat, Floor Plan - Open, Primary Bath(s), Stall Shower, Upgraded Countertops, Water Treat System
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings, Slab
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Price Per Sq Ft: 446.33
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

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: Block, Cement Siding, Concrete, Masonry
  • Exterior Features: Exterior Lighting, Outside Shower
  • Roof: Built-Up, Flat
  • View: Bay, City, Ocean, Street
  • 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: Assigned, Lighted Parking, Paved Parking, Under Home Parking
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Roof Mounted
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3520.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Reserve Funds, Snow Removal, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: U
  • Lot Features: Cleared
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Year Assessed: 2022
  • Zoning: R-3
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5419354
  • Tax Annual Amount: 3410.00
  • Assessor Parcel Number: 2410263697
  • Tax Lot: 406
  • Tax Total Finished Sq Ft: 1008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/14/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Oct 14, 2022
Sold by
Philip B Blount Revocable Trust
Bought by
Roder Carolyn Ann and Roder Russell Allen
Seller's Agent
Wayne Phillips
Coastal Life Realty Group LLC
Buyer's Agent
Christina Menter
Keller Williams Realty Centre
List Price
$449,900
Sold Price
$460,000
Premium/Discount to List
$10,100
2.24%
Views
63
Current Estimated Value
$487,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,940
Avg. Annual Appreciation
2.84%
Original Mortgage
$414,000
Outstanding Balance
$396,441
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$102,917

Purchase Details

Closed on
Mar 19, 2004
Sold by
Blount Philip B and Blount Gloria J
Bought by
Blount Philip B

Purchase Details

Closed on
Dec 14, 1984
Sold by
Sovereign Sea Limited Partnership
Bought by
Blount Philip B and Blount Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,100
Interest Rate
13.2%
Source: Public Records

Range of Values:

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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
Roder Carolyn Ann $460,000 --
Blount Philip B -- --
Blount Philip B $91,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roder Carolyn Ann $414,000
Previous Owner Blount Philip B $73,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $460,000 +2.2% $456 / Sq Ft
08/30/2022 08/30/22 For Sale $449,900 -- $446 / 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 $4,172 $356,100 $0 $0
2024 $4,172 $299,000 $0 $0
2023 $3,400 $241,900 $120,900 $121,000
2022 $3,400 $241,900 $120,900 $121,000
2021 $3,418 $241,900 $120,900 $121,000
2020 $3,418 $241,900 $120,900 $121,000
2019 $3,427 $240,867 $0 $0
2018 $3,378 $239,833 $0 $0
2017 $3,373 $238,800 $0 $0
2016 -- $231,433 $0 $0
2015 $3,254 $224,067 $0 $0
2014 $3,254 $216,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2009970

Bright MLS

APN: 10-263697