Makai Condominiums 4201 Coastal Hwy Unit 115 Ocean City, MD 21842
2
Beds
2
Baths
820
Sq Ft
$386/mo
HOA Fee
Highlights
- Primary bedroom faces the bay
- Home fronts navigable water
- Fitness Center
- Ocean City Elementary School Rated A
- Access to Tidal Water
- Bay View
About This Home
As of June 2022Move in condition is how you will find this 2BR/2BA condo with a panoramic view of the bay from your spacious private balcony. Sold fully and decorator furnished. Amenity package to include indoor tropical/heated pool, sauna, fitness venter, billiards rm., T.V. lounge, activity rm,, secure indoor bicycle storage, sun deck of the pool. Secure bldg.,with entry code and cameras. Personal storage locker, On site management, custodial and maintenance. This is a non rental unit but similar units in bldg. show positive cash flow. This condo is a definite "bring just your tooth brush". One short block to the beach and next to the O.C. convention center. Walk to Seacrets and other local restaurants and shops. The bus stops outside your door. This one will not last.
Last Agent to Sell the Property
Keller Williams Realty Delmarva Listed on: 03/11/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,455
Year Built
- Built in 2007
Lot Details
- 1 Common Wall
- East Facing Home
- Sprinkler System
- Cleared Lot
- Backs to Trees or Woods
- Property is in very good condition
HOA Fees
- $386 Monthly HOA Fees
Property Views
- Panoramic
Home Design
- Flat Roof Shape
- Built-Up Roof
- Asphalt Roof
- Dryvit Stucco
- Masonry
Interior Spaces
- 820 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Crown Molding
- Ceiling Fan
- Double Pane Windows
- Insulated Windows
- Window Treatments
- Window Screens
- Sliding Doors
- Stacked Electric Washer and Dryer
Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Self-Cleaning Oven
- Stove
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
Flooring
- Carpet
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary bedroom faces the bay
- En-Suite Bathroom
- 2 Full Bathrooms
- Walk-in Shower
Home Security
- Monitored
- Intercom
- Exterior Cameras
Parking
- 2 Open Parking Spaces
- 9 Parking Spaces
- 9 Attached Carport Spaces
- Handicap Parking
- Private Parking
- Lighted Parking
- Paved Parking
- Parking Lot
- Off-Street Parking
Accessible Home Design
- Lowered Light Switches
- Doors swing in
- Doors with lever handles
- No Interior Steps
- Level Entry For Accessibility
- Low Pile Carpeting
- Vehicle Transfer Area
Outdoor Features
- Outdoor Shower
- Access to Tidal Water
- Water Access
- Property near a bay
- Balcony
- Deck
- Outdoor Storage
Location
- Flood Risk
- Bayside
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Water Heater
- Municipal Trash
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 7022
- Assessor Parcel Number 10-759137
Community Details
Overview
- Association fees include alarm system, all ground fee, common area maintenance, custodial services maintenance, exterior building maintenance, insurance, management, reserve funds, sauna, snow removal, water
- Mid-Rise Condominium
- Makai Condos
- Built by Makai
- Makai Community
- Property Manager
Amenities
- Billiard Room
- Meeting Room
- 2 Elevators
Recreation
- Heated Community Pool
- Community Pool with Domestic Water
Security
- Security Service
- Resident Manager or Management On Site
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2022
Closed on
Jun 27, 2022
Sold by
Cheryl Leslie
Bought by
Radomsky Jennifer
Seller's Agent
Christine Tobelmann
Long & Foster Real Estate, Inc.
Buyer's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
List Price
$269,900
Sold Price
$385,000
Premium/Discount to List
$115,100
42.65%
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
$23,856
Avg. Annual Appreciation
1.96%
Original Mortgage
$365,750
Outstanding Balance
$348,504
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$60,352
Purchase Details
Listed on
Mar 11, 2019
Closed on
May 10, 2019
Sold by
Brader Brian S and Brader Kimberly A
Bought by
Leslie Cheryl
Seller's Agent
Benjamin Dawson
Keller Williams Realty Delmarva
Buyer's Agent
Cynthia Hollowell
Coldwell Banker Realty
List Price
$272,000
Sold Price
$267,000
Premium/Discount to List
-$5,000
-1.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$240,300
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 4, 2011
Sold by
4201 Coastal Llc
Bought by
Brader Brian S and Brader Kimberly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 3, 2011
Sold by
4201 Coastal Llc
Bought by
Brader Brian S and Brader Kimberly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Ocean City, MD
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Maryland Title | |
| Deed | $267,000 | Mid Atlantic Setmnt Svcs Llc | |
| Deed | $240,000 | -- | |
| Deed | $240,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $365,750 | New Conventional | |
| Previous Owner | $240,300 | New Conventional | |
| Previous Owner | $240,300 | New Conventional | |
| Previous Owner | $180,000 | Purchase Money Mortgage | |
| Previous Owner | $180,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2022 06/24/22 | Sold | $385,000 | +4.1% | $470 / Sq Ft |
| 05/20/2022 05/20/22 | Pending | -- | -- | -- |
| 05/16/2022 05/16/22 | Price Changed | $369,900 | +37.1% | $451 / Sq Ft |
| 05/16/2022 05/16/22 | For Sale | $269,900 | +1.1% | $329 / Sq Ft |
| 06/07/2019 06/07/19 | Sold | $267,000 | -1.8% | $326 / Sq Ft |
| 04/13/2019 04/13/19 | Pending | -- | -- | -- |
| 03/11/2019 03/11/19 | For Sale | $272,000 | -- | $332 / 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 | $4,012 | $328,267 | $0 | $0 |
| 2024 | $4,012 | $287,533 | $0 | $0 |
| 2023 | $3,468 | $246,800 | $123,400 | $123,400 |
| 2022 | $3,468 | $246,800 | $123,400 | $123,400 |
| 2021 | $3,488 | $246,800 | $123,400 | $123,400 |
| 2020 | $3,469 | $246,800 | $123,400 | $123,400 |
| 2019 | $3,480 | $244,600 | $0 | $0 |
| 2018 | $3,414 | $242,400 | $0 | $0 |
| 2017 | $3,294 | $240,200 | $0 | $0 |
| 2016 | -- | $232,000 | $0 | $0 |
| 2015 | $2,940 | $223,800 | $0 | $0 |
| 2014 | $2,940 | $215,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Christine Tobelmann
Long & Foster
(610) 316-4456
9 in this area
129 Total Sales
-
Buyer's Agent in 2022
Carol Proctor
BHHS PenFed (actual)
(443) 567-0650
415 in this area
571 Total Sales
-
B
Seller's Agent in 2019
Benjamin Dawson
Keller Williams Realty Delmarva
21 in this area
23 Total Sales
-
Buyer's Agent in 2019
Cynthia Hollowell
Coldwell Banker Realty
(410) 829-7724
17 in this area
43 Total Sales
About Makai Condominiums
Map
Source: Bright MLS
MLS Number: MDWO104244
APN: 10-759137
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