$499,900
SOLD MAR 6, 2023

Sea Terrace 8800 Coastal Hwy Ocean City, MD 21842

2 Beds
2 Baths
1,225 Sq Ft
$488/mo HOA Fee

Recently Sold

$408 Per Sq Ft

30 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Ocean View
  • Community Indoor Pool
  • Ocean City Elementary School Rated A
  • Sandy Beach
  • Elevator

About This Home

As of March 2023

Sail into the views! This 2-bedroom 2-bath oceanfront unit offers beautiful ocean and bay views. Open Dining/Kitchen/Living area provides spacious feel and leads to a private ocean-oriented balcony. New furnace installed in 2022. Condo amenities include outdoor pool, elevator, and storage locker. Call for your personal tour!

Last Agent to Sell the Property

Bethany Drew

Hileman Real Estate-Berlin License #RS0015490 Listed on: 02/03/2023

Last Buyer's Agent

Jaden Hanna

Coastal Life Realty Group LLC License #5012087

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,466

Year Built

  • Built in 1974

Lot Details

  • 300 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach

HOA Fees

  • $488 Monthly HOA Fees

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,225 Sq Ft Home
  • Property has 1 Level
  • Window Screens
  • Sliding Doors

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Water Access
  • Property is near an ocean

Schools

  • Ocean City Elementary School
  • Stephen Decatur High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 1006
  • Assessor Parcel Number 2410101271

Community Details

Overview

  • Association fees include cable TV, common area maintenance, exterior building maintenance, insurance, management, pool(s)
  • High-Rise Condominium
  • Sea Terrace Community
  • Property Manager

Amenities

  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,466

Year Built

Built in 1974

Lot Details

0

HOA Fees

$488 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: Staging items.
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-02-03
  • Federal Flood Zone: No
  • Year Built: 1974
  • Remarks Public: Sail into the views! This 2-bedroom 2-bath oceanfront unit offers beautiful ocean and bay views. Open Dining/Kitchen/Living area provides spacious feel and leads to a private ocean-oriented balcony. New furnace installed in 2022. Condo amenities include outdoor pool, elevator, and storage locker. Call for your personal tour!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Oven/Range - Electric, Dryer, Washer, Refrigerator, Exhaust Fan
  • Entry Floor: 10
  • Window Features: Screens
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1225
  • Living Area Sq Ft: 1225
  • Price Per Sq Ft: 408.08
  • Above Grade Finished Sq Ft: 1225
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8800

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • Roof: Flat
  • View: Ocean
  • Water Access Features: Public Beach
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 300

Garage/Parking

  • Garage: No
  • 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
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1464.09
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s)
  • HOA Condo Co-Op Management Type: Professional - On-Site, Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Indoor

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: U
  • Year Assessed: 2023
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5405399
  • Tax Annual Amount: 4466.00
  • Assessor Parcel Number: 2410101271
  • Tax Lot: 1006
  • Tax Total Finished Sq Ft: 1225
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/06/2023

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $349,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $499,900 0.0% $408 / Sq Ft
02/03/2023 02/03/23 For Sale $499,900 -- $408 / 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 $5,287 $428,300 $0 $0
2024 $5,287 $378,900 $0 $0
2023 $4,631 $329,500 $230,600 $98,900
2022 $4,453 $316,833 $0 $0
2021 $4,298 $304,167 $0 $0
2020 $4,119 $291,500 $204,000 $87,500
2019 $3,851 $270,667 $0 $0
2018 $3,519 $249,833 $0 $0
2017 $3,235 $229,000 $0 $0
2016 -- $229,000 $0 $0
2015 $4,131 $229,000 $0 $0
2014 $4,131 $279,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2012110

Bright MLS

APN: 10-101271