NOT LISTED FOR SALE

9005 Atlantic Ave Ocean City, MD 21842

Estimated Value: $559,000 - $1,174,000

4 Beds
2 Baths
1,260 Sq Ft
$764/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $959,000 $761 Per Sq Ft

Current estimated payment $5,863/month

Highlights

  • 35 Feet of Waterfront
  • Ocean View
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • Sandy Beach
  • Open Floorplan

About This Home

As of November 2021

Striking 4BR DIRECT OCEAN FRONT townhome hits the market. This is a large ocean front townhome with direct access to the beach. It is perfect for making family memories that will last a lifetime, or as an excellent investment property. Walk a few steps to the beach, sunbathe and swim in the ocean, then walk back to your home. Then enjoy a crab feast on the large deck and go fly a kite on the beach after dinner. The large living area overlooks the ocean and has plenty of space for family and friends. The kitchen is off the family room and has white cabinets and lots of storage space. The large dining area is off the kitchen making it the perfect place for enjoying family meals together. There is also a master bedroom with full bath on this level. On the next level you will find a second master bedroom which overlooks the ocean and has a private deck so you can watch the sunrise while enjoying your morning coffee. There are 2 additional bedrooms on this level and another full bath. There are multiple decks on this townhome. The two ocean front decks were replaced in 2021 and there is also a west facing deck. This townhome has a beach décor and comes completely furnished for your immediate enjoyment. It is presently in the CB Vacation weekly summer rental program. The townhome has a long list of recent improvements and it is in move in ready condition. The major improvements are: new decking on the ocean front decks (2021); new roof (2012); new hot water heater and HVAC (2015); and new 12 ft. slider in the living area (2017). The complete list of improvements is on file. This townhome has NO HOA FEE and there are no HOA restrictions against adding an entire additional floor, as some neighbors have done. Come take a look today.

Last Agent to Sell the Property

Nancy Reither

(410) 603-5050 nreither@cbmove.com Coldwell Banker Realty Listed on: 06/24/2021

Coldwell Banker Realty

Last Buyer's Agent

Crystal Iannuzzi

(443) 824-8070 crystal@crystalmovesmaryland.com Cummings & Co. Realtors License #664255

Cummings & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,265

Year Built

  • Built in 1968

Lot Details

  • 1,240 Sq Ft Lot
  • Lot Dimensions are 15.50 x 80.00
  • 35 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • Cleared Lot
  • Property is in excellent condition

Parking

  • Off-Street Parking

Property Views

  • Ocean
  • Panoramic

Home Design

  • Side-by-Side
  • Frame Construction
  • Asphalt Roof
  • Stick Built Home

Interior Spaces

  • 1,260 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Beamed Ceilings
  • Window Treatments

Kitchen

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

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Balcony
  • Deck

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 3
  • Assessor Parcel Number 10-103908

Community Details

Overview

  • No Home Owners Association
  • Sun Village Community

Recreation

  • Fishing Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,265

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • Exclusions: All artwork, porthole mirror, and personal items.
  • Historic: No
  • Inclusions: Sold Fully Furnished.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-06-25
  • Federal Flood Zone: Yes
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Remarks Public: Striking 4BR DIRECT OCEAN FRONT townhome hits the market. This is a large ocean front townhome with direct access to the beach. It is perfect for making family memories that will last a lifetime, or as an excellent investment property. Walk a few steps to the beach, sunbathe and swim in the ocean, then walk back to your home. Then enjoy a crab feast on the large deck and go fly a kite on the beach after dinner. The large living area overlooks the ocean and has plenty of space for family and friends. The kitchen is off the family room and has white cabinets and lots of storage space. The large dining area is off the kitchen making it the perfect place for enjoying family meals together. There is also a master bedroom with full bath on this level. On the next level you will find a second master bedroom which overlooks the ocean and has a private deck so you can watch the sunrise while enjoying your morning coffee. There are 2 additional bedrooms on this level and another full bath. There are multiple decks on this townhome. The two ocean front decks were replaced in 2021 and there is also a west facing deck. This townhome has a beach décor and comes completely furnished for your immediate enjoyment. It is presently in the CB Vacation weekly summer rental program. The townhome has a long list of recent improvements and it is in move in ready condition. The major improvements are: new decking on the ocean front decks (2021); new roof (2012); new hot water heater and HVAC (2015); and new 12 ft. slider in the living area (2017). The complete list of improvements is on file. This townhome has NO HOA FEE and there are no HOA restrictions against adding an entire additional floor, as some neighbors have done. Come take a look today.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dryer, Dishwasher, Oven/Range - Electric, Refrigerator, Water Heater, Washer
  • Interior Amenities: Exposed Beams, Floor Plan - Open, Window Treatments
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1260
  • Living Area Sq Ft: 1260
  • Price Per Sq Ft: 785.71
  • Above Grade Finished Sq Ft: 1260
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9005

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Roof: Asphalt
  • View: Ocean, Panoramic, Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 35

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 011
  • Lot Features: Cleared
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.50 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1240.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5405623
  • Tax Annual Amount: 8265.00
  • Assessor Parcel Number: 10-103908
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1260
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/23/2021

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Nov 8, 2021
Sold by
Miller Nancy D B and Teh Thomas Burnell
Bought by
Seremet Theresa and Seremet Brian Landy
Seller's Agent
Nancy Reither
Coldwell Banker Realty
Buyer's Agent
Crystal Iannuzzi
Cummings & Co. Realtors
List Price
$999,999
Sold Price
$959,000
Premium/Discount to List
-$40,999
-4.1%
Current Estimated Value
$962,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,098
Avg. Annual Appreciation
0.08%
Original Mortgage
$625,000
Outstanding Balance
$573,889
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$388,209

Purchase Details

Closed on
Feb 24, 1999
Sold by
Burrell Nancy S
Bought by
Burrell Thomas Jr and Revocable Trust
Source: Public Records

Range of Values:

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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
Seremet Theresa $959,000 Land Abstract & Escrow Llc
Burrell Thomas Jr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seremet Theresa $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $959,000 -3.1% $761 / Sq Ft
09/15/2021 09/15/21 Price Changed $989,999 -1.0% $786 / Sq Ft
06/24/2021 06/24/21 For Sale $999,999 -- $794 / 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 $9,144 $724,267 $0 $0
2024 $9,144 $655,333 $0 $0
2023 $8,241 $586,400 $500,000 $86,400
2022 $8,220 $584,900 $0 $0
2021 $8,244 $583,400 $0 $0
2020 $8,254 $581,900 $500,000 $81,900
2019 $8,278 $581,900 $500,000 $81,900
2018 $8,196 $581,900 $500,000 $81,900
2017 $9,126 $642,800 $0 $0
2016 -- $642,800 $0 $0
2015 $8,304 $642,800 $0 $0
2014 $8,304 $654,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO122914

Bright MLS

APN: 10-103908