$290,000
SOLD MAY 16, 2024
1 Bed
1 Bath
616 Sq Ft
$217/mo HOA Fee

Recently Sold

$471 Per Sq Ft

5% Above List Price

8 Days on Market

Highlights

  • Ocean View
  • Oceanside
  • Furnished
  • Ocean City Elementary School Rated A
  • Coastal Architecture
  • Combination Kitchen and Living

About This Home

As of May 2024

Welcome to your dream coastal retreat at Ocean Point III! This top-floor 1 bedroom, 1 bathroom condo offers breathtaking views of the ocean from your front balcony, the perfect spot for sipping your morning coffee or relaxing after a day of adventures in Ocean City. Step inside to discover a bright and airy open living room and kitchen with coastal charm, providing a welcoming space for entertaining or unwinding. The bathroom features upgraded flooring and a new vanity. Stylish sliding barn door in hallway. The spacious bedroom features new carpeting. This condo is truly the one you've been waiting for! Conveniently located in midtown Ocean City, you'll find yourself just a short distance away from the beach, shops, restaurants, the Convention Center, and other popular attractions. Ocean Point III #320 offers the perfect blend of comfort and convenience for your coastal lifestyle. Don't miss out on this incredible opportunity to make Ocean Point III your new home sweet home!

Last Agent to Sell the Property

Sharon Daugherty

Keller Williams Realty Delmarva License #SL3435144 Listed on: 04/11/2024

Keller Williams Realty Delmarva

Last Buyer's Agent

Carol Proctor

Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,701

Year Built

  • Built in 1983

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 1 Off-Street Space

Home Design

  • Coastal Architecture

Interior Spaces

  • 616 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Window Screens
  • Combination Kitchen and Living
  • Carpet

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Oceanside
  • Balcony

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 320
  • Assessor Parcel Number 2410236053

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance
  • Low-Rise Condominium
  • Ocean Point Iii Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,701

Year Built

Built in 1983

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Condominium
  • Exclusions: Personal items, living room chair.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your dream coastal retreat at Ocean Point III! This top-floor 1 bedroom, 1 bathroom condo offers breathtaking views of the ocean from your front balcony, the perfect spot for sipping your morning coffee or relaxing after a day of adventures in Ocean City. Step inside to discover a bright and airy open living room and kitchen with coastal charm, providing a welcoming space for entertaining or unwinding. The bathroom features upgraded flooring and a new vanity. Stylish sliding barn door in hallway. The spacious bedroom features new carpeting. This condo is truly the one you've been waiting for! Conveniently located in midtown Ocean City, you'll find yourself just a short distance away from the beach, shops, restaurants, the Convention Center, and other popular attractions. Ocean Point III #320 offers the perfect blend of comfort and convenience for your coastal lifestyle. Don't miss out on this incredible opportunity to make Ocean Point III your new home sweet home!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Dryer, Washer, Refrigerator, Disposal, Microwave, Stove, Oven/Range - Electric
  • Entry Floor: 3
  • Interior Amenities: Carpet, Combination Kitchen/Living
  • Window Features: Screens
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 616
  • Living Area Sq Ft: 616
  • Price Per Sq Ft: 446.43
  • Above Grade Finished Sq Ft: 616
  • 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
  • View: Ocean
  • 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: Off Street
  • Off Street Parking Spaces: 1

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
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2600.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2023
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 1701.00
  • Assessor Parcel Number: 2410236053
  • Tax Lot: 320
  • Tax Total Finished Sq Ft: 616
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/16/2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 13, 2024
Sold by
Parada John Charles and Parada Linda Sue
Bought by
Destreza Juan P Z and Destreza Nona V
Seller's Agent
Sharon Daugherty
Keller Williams Realty Delmarva
Buyer's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
List Price
$275,000
Sold Price
$290,000
Premium/Discount to List
$15,000
5.45%
Views
80
Current Estimated Value
$278,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,954
Avg. Annual Appreciation
-3.39%

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 31, 2018
Sold by
Casteel Deborah
Bought by
Parada John Charles and Parada Linda Sue
Seller's Agent
Blake Haley
Coldwell Banker Bud Church Realty,Inc.
Buyer's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
List Price
$152,000
Sold Price
$142,000
Premium/Discount to List
-$10,000
-6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$113,600
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2002
Sold by
Cropper Eric W
Bought by
Thompson Scea Paul E and Thompson Virginia M

Purchase Details

Closed on
May 31, 1996
Sold by
Stultz Vicki L
Bought by
Cropper Eric W

Purchase Details

Closed on
Jun 18, 1988
Sold by
Ryan James M and Ryan Susan J
Bought by
Stultz Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
10.35%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $290,000 Certified Title
Deed $142,000 Certified Title Corp
Deed $92,000 --
Deed $58,900 --
Deed $59,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 New Conventional
Previous Owner $116,600 New Conventional
Previous Owner $113,600 New Conventional
Previous Owner $32,000 No Value Available
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $290,000 +5.5% $471 / Sq Ft
04/11/2024 04/11/24 For Sale $275,000 +93.7% $446 / Sq Ft
11/02/2018 11/02/18 Sold $142,000 -5.3% $231 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
10/07/2018 10/07/18 Price Changed $149,900 -1.4% $243 / Sq Ft
08/01/2018 08/01/18 For Sale $152,000 +23.6% $247 / Sq Ft
05/14/2016 05/14/16 Pending -- -- --
05/13/2016 05/13/16 Sold $123,000 -1.6% $200 / Sq Ft
05/13/2016 05/13/16 For Sale $125,000 -- $203 / 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 $2,082 $177,767 $0 $0
2024 $2,082 $149,233 $0 $0
2023 $1,701 $120,700 $60,300 $60,400
2022 $1,696 $120,700 $60,300 $60,400
2021 $1,706 $120,700 $60,300 $60,400
2020 $1,705 $120,700 $60,300 $60,400
2019 $1,682 $118,233 $0 $0
2018 $1,630 $115,767 $0 $0
2017 $1,606 $113,300 $0 $0
2016 -- $113,100 $0 $0
2015 $1,966 $112,900 $0 $0
2014 $1,966 $112,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2020276

Bright MLS

APN: 10-236053