Makai Condominiums 4201 Coastal Hwy Unit 508 Ocean City, MD 21842
2
Beds
2
Baths
820
Sq Ft
$411/mo
HOA Fee
Highlights
- Ocean View
- Fitness Center
- Open Floorplan
- Ocean City Elementary School Rated A
- Water Oriented
- Coastal Architecture
About This Home
As of March 2020You've found your Happy Place! Higher level condo in Makai offers wonderful ocean views from living room and master bedroom. Sit on the balcony and watch the waves crash in the ocean. Inside find updated and upgraded master bathroom with walk-in shower, New carpet in 2018 and New HVAC system installed 2018. Granite and stainless kitchen and granite vanities in bathrooms. Move-in ready for new beach owner! Enjoy the amenities of Makai, including fabulous indoor pool, billard room, community room and plenty of parking. One of most sought-after locations in OC - midtown and close to Convention Center, Mini-golf, restaurants, entertainment. Schedule your appointment for a private showing today.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices PenFed Realty License #RS-0024733 Listed on: 02/05/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,639
Year Built
- Built in 2007
HOA Fees
- $411 Monthly HOA Fees
Home Design
- Coastal Architecture
- Contemporary Architecture
- Stucco
Interior Spaces
- 820 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
Kitchen
- Breakfast Area or Nook
- Upgraded Countertops
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Parking
- Off-Street Parking
- Unassigned Parking
Outdoor Features
- Water Oriented
- Property is near an ocean
Utilities
- Central Air
- Heating Available
Additional Features
- Accessible Elevator Installed
- Flood Risk
Listing and Financial Details
- Assessor Parcel Number 10-759765
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, management, pool(s), trash, sauna
- Mid-Rise Condominium
- Makai Condos
- Makai Community
- Non Development Subdivision
- Property Manager
Amenities
- Common Area
- Billiard Room
- Community Library
Recreation
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2020
Closed on
Mar 20, 2020
Sold by
Evans Suzzane A and Goldman David A
Bought by
Musselman Blair D and Musselman Brandi M
Seller's Agent
Jeannie Betten
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Benjamin Dawson
Keller Williams Realty Delmarva
List Price
$282,000
Sold Price
$275,000
Premium/Discount to List
-$7,000
-2.48%
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
$133,053
Avg. Annual Appreciation
7.82%
Original Mortgage
$200,250
Outstanding Balance
$177,782
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$237,430
Purchase Details
Closed on
Dec 30, 2009
Sold by
4201 Coastal Llc
Bought by
Evans Suzanne A
Similar Homes in Ocean City, MD
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $275,000 | None Available | |
| Deed | $295,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2020 03/20/20 | Sold | $275,000 | -2.5% | $335 / Sq Ft |
| 02/05/2020 02/05/20 | For Sale | $282,000 | -- | $344 / 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 | $4,096 | $331,267 | $0 | $0 |
| 2024 | $4,096 | $293,533 | $0 | $0 |
| 2023 | $3,595 | $255,800 | $127,900 | $127,900 |
| 2022 | $3,595 | $255,800 | $127,900 | $127,900 |
| 2021 | $3,615 | $255,800 | $127,900 | $127,900 |
| 2020 | $3,614 | $255,800 | $127,900 | $127,900 |
| 2019 | $3,546 | $249,233 | $0 | $0 |
| 2018 | $3,418 | $242,667 | $0 | $0 |
| 2017 | $3,255 | $236,100 | $0 | $0 |
| 2016 | -- | $229,267 | $0 | $0 |
| 2015 | $3,360 | $222,433 | $0 | $0 |
| 2014 | $3,360 | $215,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeannie Betten
Seller's Agent in 2020
Jeannie Betten
BHHS PenFed (actual)
(443) 365-7021
54 in this area
60 Total Sales
-
Benjamin Dawson
B
Buyer's Agent in 2020
Benjamin Dawson
Keller Williams Realty Delmarva
19 in this area
21 Total Sales
About Makai Condominiums
Map
Source: Bright MLS
MLS Number: MDWO111534
APN: 10-759765
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