NOT LISTED FOR SALE

901 Atlantic Ave Unit 503 Ocean City, MD 21842

Ocean City Area

Estimated Value: $872,000 - $977,000

3 Beds
2 Baths
1,650 Sq Ft
610 Sq Ft Lot

Sale Details

Date Sold: October 8, 2021

Last sale price $799,000 $484 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,454 / mo

2 Days on Market

Highlights

  • Security Service
  • Ocean City Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of October 2021

WELCOME to the Penthouse at Ocean's Edge. Currently managed by OC Beachfront Rentals who guarantees $60,000.00 NET! ZERO FEES! Collect $5,000 at closing and every month after! Amazing investment opportunity. Beautiful 3 bedroom 2 bath with massive balcony in PRIME 9th street and Boardwalk location. Includes gates parking for 1 vehicles and large 2nd floor storage unit. Well run building.

Last Agent to Sell the Property

Steven Lasik

(202) 938-0228 elbonsivad@aol.com Samson Properties Listed on: 08/26/2021

Samson Properties

Co-Listed By

Amir Taba

(202) 234-3344 amir@amirtaba.com TTR Sotheby's International Realty

Last Buyer's Agent

Jessica Zeigler

(410) 208-3500 oceanpines@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP License #676812

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,907

Year Built

  • Built in 2002

Lot Details

  • 610

HOA Fees

  • $630 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,650 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway
  • Parking Lot

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 503
  • Assessor Parcel Number 10-397014

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, reserve funds
  • Mid-Rise Community
  • Oceans Edge Community

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,907

Year Built

Built in 2002

Lot Details

610 Sq Ft Lot

HOA Fees

$630 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1650
  • Living Area Sq Ft: 1650
  • Price Per Sq Ft: 484.24
  • Above Grade Finished Sq Ft: 1650
  • 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: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 7560.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: BC-2
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5429986
  • Tax Annual Amount: 8907.00
  • Assessor Parcel Number: 10-397014
  • Tax Lot: 503
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 2, 2021
Sold by
Bought by
Seller's Agent
Steven Lasik
Samson Properties
Buyer's Agent
Jessica Zeigler
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$799,000
Sold Price
$799,000
Current Estimated Value
$915,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,085
Avg. Annual Appreciation
2.85%
Original Mortgage
$91,000
Interest Rate
0.028%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 21, 2017
Closed on
Dec 20, 2018
Sold by
Bought by
Seller's Agent
Tina Dorsey
Coastal Life Realty Group LLC
Buyer's Agent
Steven Lasik
Samson Properties
List Price
$635,300
Sold Price
$560,000
Premium/Discount to List
-$75,300
-11.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.80%
Original Mortgage
$420,000
Interest Rate
0.048%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 7, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$799,000 Bright Ttl & Stlmt Svcs Llc
$560,000 Federation Title & Escrow Co
$490,000 None Available
$649,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $91,000
Open $548,200
Previous Owner $420,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $799,000 0.0% $484 / Sq Ft
08/26/2021 08/26/21 For Sale $799,000 +42.7% $484 / Sq Ft
01/07/2019 01/07/19 Sold $560,000 -11.7% $339 / Sq Ft View Prior Sale
11/27/2018 11/27/18 Pending -- -- --
11/06/2018 11/06/18 Price Changed $634,100 -0.2% $384 / Sq Ft
10/10/2018 10/10/18 Price Changed $635,300 0.0% $385 / Sq Ft
10/10/2018 10/10/18 For Sale $635,300 -0.2% $385 / Sq Ft
09/01/2018 09/01/18 Price Changed $636,500 -1.2% $386 / Sq Ft
04/09/2018 04/09/18 Price Changed $644,000 -3.2% $390 / Sq Ft
03/14/2018 03/14/18 Price Changed $665,000 -1.5% $403 / Sq Ft
11/21/2017 11/21/17 For Sale $675,000 -- $409 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,598 $702,900 $0 $0
2024 $9,302 $666,600 $0 $0
2023 $8,858 $630,300 $441,200 $189,100
2022 $8,858 $630,300 $441,200 $189,100
2021 $8,907 $630,300 $441,200 $189,100
2020 $8,294 $630,300 $441,200 $189,100
2019 $8,294 $583,000 $0 $0
2018 $7,545 $535,700 $0 $0
2017 $6,863 $488,400 $0 $0
2016 -- $483,433 $0 $0
2015 $8,400 $478,467 $0 $0
2014 $8,400 $473,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Lasik

    Seller's Agent in 2021

    Steven Lasik

    Samson Properties

    (703) 371-0085

    13 Total Sales

    Steven Lasik
    Section Image
  • Amir Taba

    Seller Co-Listing Agent in 2021

    Amir Taba

    TTR Sotheby's International Realty

    (202) 412-7462

    79 Total Sales

    Amir Taba
    Section Image
  • Jessica Zeigler

    Buyer's Agent in 2021

    Jessica Zeigler

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (410) 208-3948

    60 Total Sales

    Jessica Zeigler
    Section Image
  • Tina Dorsey

    Seller's Agent in 2019

    Tina Dorsey

    Coastal Life Realty Group LLC

    (301) 875-1821

    110 Total Sales

    Tina Dorsey
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2001848

Bright MLS

APN: 10-397014

Maryland Worcester County Ocean City 21842

901 Atlantic Ave Unit 503, Ocean City, MD

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