Seller's Agent in 2018
Stephen Cain
Berkshire Hathaway HomeServices PenFed Realty - OP
(443) 783-1483
11 in this area
64 Total Sales
9 58th St Unit 301 Ocean City, MD 21842
Estimated Value: $434,682 - $478,000
3
Beds
2
Baths
910
Sq Ft
$167/mo
HOA Fee
Highlights
- Ocean View
- Deck
- Upgraded Countertops
- Ocean City Elementary School Rated A
- Furnished
- Crown Molding
About This Home
As of July 2018Beautiful three bedroom east end unit with great ocean views from the balcony and east facing windows inside the unit. Low condo fees in this well maintained building with newer roof, siding, stairs, rails and electric upgrades. Owner has made improvements including granite counters, tile backsplash, recessed lighting, tile floors, newer central heat and air, refrigerator, dishwasher and stack washer / dryer. Custom cabinets built in for extra storage and counter space with a mounted flat screen TV. This unit is ready to go for use as a second home or rental investment property. Additional storage locker under the building for beach chairs, umbrella, etc. Building has a newer outside shower. Owner will consider owner financing with certain terms. Great midtown location.
Last Agent to Sell the Property
(443) 783-1483 stephen@cainteamofoc.com Berkshire Hathaway HomeServices PenFed Realty - OP Listed on: 11/12/2017
Co-Listed By
(410) 430-2118 suzanahoc@aol.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS0014975
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,239
Year Built
- Built in 1973
Lot Details
- Northeast Facing Home
- Cleared Lot
HOA Fees
- $167 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Pillar, Post or Pier Foundation
- Built-Up Roof
- Stick Built Home
- Masonry
Interior Spaces
- 910 Sq Ft Home
- Property has 1 Level
- Furnished
- Crown Molding
- Window Treatments
- Window Screens
- Ocean Views
- Stacked Washer and Dryer
Kitchen
- Electric Oven or Range
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Home Security
Parking
- Off-Street Parking
- Parking Space Conveys
- Assigned Parking
Outdoor Features
- Outdoor Shower
- Deck
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 301
- Assessor Parcel Number 074487
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, reserve funds
- 18 Units
- Low-Rise Condominium
- Fifty Eight East Community
Additional Features
- Common Area
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 12, 2017
Closed on
Jul 27, 2018
Sold by
Rivieri Giovanni and Giovanni Rivieri Living Trust
Bought by
Paes Cheryl Maria and Rebello Pierre Johann
Seller's Agent
Stephen Cain
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Nina Littleton
Coldwell Banker Realty
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,171
Avg. Annual Appreciation
7.41%
Original Mortgage
$190,000
Outstanding Balance
$141,100
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$317,071
Purchase Details
Closed on
Jun 2, 2000
Sold by
Rivieri Concetta F
Bought by
Rivieri Giovanni Trustee
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paes Cheryl Maria | $270,000 | Title Resources Guaranty Co | |
| Rivieri Giovanni Trustee | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Paes Cheryl Maria | $190,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/27/2018 07/27/18 | Sold | $270,000 | -1.5% | $297 / Sq Ft |
| 05/08/2018 05/08/18 | Pending | -- | -- | -- |
| 01/18/2018 01/18/18 | Price Changed | $274,000 | -0.4% | $301 / Sq Ft |
| 11/12/2017 11/12/17 | For Sale | $275,000 | -- | $302 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,018 | $294,233 | $0 | $0 |
| 2024 | $3,640 | $260,867 | $0 | $0 |
| 2023 | $3,197 | $227,500 | $113,700 | $113,800 |
| 2022 | $3,197 | $227,500 | $113,700 | $113,800 |
| 2021 | $3,215 | $227,500 | $113,700 | $113,800 |
| 2020 | $3,214 | $227,500 | $113,700 | $113,800 |
| 2019 | $3,236 | $227,500 | $113,700 | $113,800 |
| 2018 | $3,204 | $227,500 | $113,700 | $113,800 |
| 2017 | $3,204 | $229,300 | $0 | $0 |
| 2016 | -- | $225,667 | $0 | $0 |
| 2015 | $3,331 | $222,033 | $0 | $0 |
| 2014 | $3,331 | $218,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Cain
-
Suzanah Cain
Seller Co-Listing Agent in 2018
Suzanah Cain
Berkshire Hathaway HomeServices PenFed Realty - OP
(410) 430-2118
70 in this area
353 Total Sales
-
Nina Littleton
Buyer's Agent in 2018
Nina Littleton
Coldwell Banker Realty
(410) 430-9481
13 in this area
48 Total Sales
Map
Source: Bright MLS
MLS Number: 1001556304
APN: 10-074487
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