NOT LISTED FOR SALE

9002 Coastal Hwy Unit 203 Ocean City, MD 21842

Estimated Value: $186,000 - $235,693

-- Bed
1 Bath
507 Sq Ft
$200/mo HOA Fee

Last Sold November 08, 2024

Last sale price $199,500 $393 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,459/month

4 Days on Market

Highlights

  • Rooftop Deck
  • Furnished
  • 1 Car Garage
  • Ocean City Elementary School Rated A
  • Efficiency Studio
  • Wood Siding

About This Home

As of November 2024

Oceanblock with Ocean View efficiency condo on 90th Street. Walk to...Laytons, Bull on the Beach, Liquid Assets, Kirby's, Lombardi's, Acme (for groceries) Ropewalk and The Wine Rack. Furnished with a comfortable queen Murphy Bed and stackable W/D in the unit and private balcony with both ocean and Coastal Hwy views. There is an individual outdoor storage closet for beach gear, under-building parking and a roof deck on the 2nd floor for all the Ocean City Coastal Hwy events and activities!

Last Agent to Sell the Property

Timothy McLane

(410) 231-4736 Tim.Beachre@gmail.com Iron Valley Real Estate Ocean City Listed on: 10/08/2024

Iron Valley Real Estate Ocean City

Last Buyer's Agent

James Bacco

jimmybacco@gmail.com Keller Williams Realty Delmarva License #311079

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,849

Year Built

  • Built in 1987

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • On-Street Parking
  • Off-Site Parking

Home Design

  • Entry on the 2nd floor
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 507 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Efficiency Studio

Kitchen

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

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Outdoor Features

  • Rooftop Deck
  • Storage Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • Low-Rise Condominium
  • Seaward Villas Community

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 203
  • Assessor Parcel Number 2410306884

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,849

Year Built

Built in 1987

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1987
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Efficiency
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 507
  • Living Area Sq Ft: 507
  • Price Per Sq Ft: 393.49
  • Above Grade Finished Sq Ft: 507
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • 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: Wood Siding, Vinyl Siding
  • Exterior Features: Roof Deck
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Site, On Street, Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • 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

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 9000.00
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 1849.00
  • Assessor Parcel Number: 2410306884
  • Tax Lot: 203
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Nov 5, 2024
Sold by
Lawson Norman Ira and Lawson Linda Marie
Bought by
Byrne Joshua
Seller's Agent
Timothy McLane
Iron Valley Real Estate Ocean City
Buyer's Agent
James Bacco
Keller Williams Realty Delmarva
List Price
$199,500
Sold Price
$199,500
Views
18
Current Estimated Value
$203,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,173
Avg. Annual Appreciation
2.09%
Original Mortgage
$193,515
Outstanding Balance
$191,589
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$12,084

Purchase Details

Closed on
Aug 21, 2015
Sold by
Perino Paul A
Bought by
Lawson Norman Ira and Lawson Linda Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,875
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1999
Sold by
Sachs Lee N and Bush Roshie P
Bought by
Perino Paul A

Purchase Details

Closed on
Dec 1, 1995
Sold by
Sachs Lee N and Bush Roshie P
Bought by
Sachs Lee N and Irrevocable Trust

Purchase Details

Closed on
Dec 1, 1987
Sold by
Pintail Development Inc
Bought by
Sachs Lee N and Bush Roshie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
10.55%
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
Byrne Joshua $199,500 Ocean Investments Title
Byrne Joshua $199,500 Ocean Investments Title
Lawson Norman Ira $102,500 Real Estate Title & Escraw L
Perino Paul A $44,500 --
Sachs Lee N -- --
Sachs Lee N $56,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrne Joshua $193,515
Closed Byrne Joshua $193,515
Previous Owner Lawson Norman Ira $76,875
Previous Owner Sachs Lee N $51,200
Closed Perino Paul A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2024 11/08/24 Sold $199,500 0.0% $393 / Sq Ft
10/13/2024 10/13/24 For Sale $199,500 0.0% $393 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
10/08/2024 10/08/24 For Sale $199,500 -- $393 / 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 $2,252 $164,900 $0 $0
2024 $1,843 $132,100 $0 $0
2023 $1,396 $99,300 $49,600 $49,700
2022 $1,396 $99,300 $49,600 $49,700
2021 $1,403 $99,300 $49,600 $49,700
2020 $1,403 $99,300 $49,600 $49,700
2019 $1,413 $99,300 $49,600 $49,700
2018 $1,399 $99,300 $49,600 $49,700
2017 $1,403 $99,300 $0 $0
2016 -- $99,300 $0 $0
2015 $1,521 $99,300 $0 $0
2014 $1,521 $116,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2026132

Bright MLS

APN: 10-306884