NOT LISTED FOR SALE

9 58th St Unit 303 Ocean City, MD 21842

Estimated Value: $420,000 - $478,000

3 Beds
2 Baths
910 Sq Ft
$167/mo HOA Fee

Last Sold June 14, 2022

Last sale price $409,000 $449 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,901/month

1 Day on Market

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • Outdoor Storage
  • Ocean City Elementary School Rated A
  • Outdoor Shower
  • Central Air

About This Home

As of June 2022

Welcome to Fifty-Eight East!
Outstanding opportunity to own in Midtown Ocean City.
Fifty-Eight East is a hidden gem, very well-maintained masonry building with very affordable condo fees.
This beautiful condo is decorated in coastal decor and offers 3 spacious bedrooms and two full bathrooms! Off the balcony you will have the pleasure to enjoy both the ocean and bay views.
Upon entry, you will find a large living area open to the kitchen and separate dining area-perfect for all of your entertaining needs! This condo offers endless opportunity, not to mention it is just steps away from the beach and walking distance to Ocean City's most popular restaurants and shops!
Added features include a private storage unit belonging to unit owner and two assigned parking spaces.
Do not miss out on having the opportunity to own this very desirable beach home just in time to enjoy for the season! You will not find a better condo at this price point and location. Hurry, this will not last long!

Last Agent to Sell the Property

Joe Katzenberger

(443) 690-9019 joe@jimstephens.com EXP Realty, LLC License #677732 Listed on: 05/06/2022

EXP Realty, LLC

Last Buyer's Agent

Holly Worthington

(301) 943-0314 holly@compass.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,215

Year Built

  • Built in 1973

Lot Details

  • Building is oceanfront but unit may not have water views

HOA Fees

  • $167 Monthly HOA Fees

Property Views

  • Ocean
  • Bay

Home Design

  • Entry on the 3rd floor
  • Masonry

Interior Spaces

  • 910 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Outdoor Shower
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number 2410074525

Community Details

Overview

  • Association fees include exterior building maintenance, reserve funds
  • Low-Rise Condominium
  • Fifty Eight East Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,215

Year Built

Built in 1973

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-05-06
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Window Treatments
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 910
  • Living Area Sq Ft: 910
  • Price Per Sq Ft: 449.45
  • Above Grade Finished Sq Ft: 910
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Masonry, Concrete
  • Exterior Features: Outside Shower, Secure Storage
  • View: Bay, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

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
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2000.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Reserve Funds
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3215.00
  • Assessor Parcel Number: 2410074525
  • Tax Lot: 303
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 14, 2022
Sold by
Capallo Deborah A
Bought by
Khan Polina A
Seller's Agent
Joe Katzenberger
EXP Realty, LLC
Buyer's Agent
Holly Worthington
Compass
List Price
$409,000
Sold Price
$409,000
Current Estimated Value
$456,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,076
Avg. Annual Appreciation
2.55%
Original Mortgage
$277,000
Outstanding Balance
$263,521
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$183,382

Purchase Details

Closed on
Feb 2, 2009
Sold by
Davis Clyde A and Davis Paula D
Bought by
Capallo Thomas E and Capallo Deborah A

Purchase Details

Closed on
Mar 23, 1982
Sold by
Duncan Herbert L and Duncan Jane
Bought by
Zorbach Charles J and Zorbach Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
17.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khan Polina A $409,000 Capital Title
Khan Polina A $409,000 Capital Title
Khan Polina A $409,000 Capitol Title
Capallo Thomas E $275,000 --
Zorbach Charles J $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Polina A $277,000
Previous Owner Zorbach Charles J $52,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2022 06/14/22 Sold $409,000 0.0% $449 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $409,000 -- $449 / 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 $4,018 $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 $3,227 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2007588

Bright MLS

APN: 10-074525