NOT LISTED FOR SALE

Estimated Value: $273,000 - $315,000

2 Beds
1 Bath
840 Sq Ft
479 Sq Ft Lot

Sale Details

Date Sold: December 20, 2019

Last sale price $163,000 $194 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,014 / mo

10 Days on Market

Highlights

  • Community Pool
  • Ocean City Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of December 2019

Lovingly maintained and never rented, one owner for 21 years. A two-bedroom top floor condo in the heart of Ocean City! Convenient walk to the beach, boardwalk, and amusements. Move-in ready with new kitchen counters, backsplash, and flooring. New Deck with 2x4s and stain. Interior Painted in 2019. Floors replaced in 2017. all seams caulked. New tile in 2017 in bathroom and "super flush" commode installed. Fully furnished. Strong association with the resident manager on-site, outdoor pool, plus owner storage unit in the bldg. Great income potential. Don't miss this opportunity! This is a bang for the buck! This affordable well cared for 2 bedrooms 1 bath won't last. Many owners have added a half bath and washer/dryer for well under $7,000.00. Good rental potential for investment interest. NO washer dryer in this unit

Last Agent to Sell the Property

Cynthia Jester

(410) 629-0224 joanna@oceancitybeachproperties.com Beach Real Estate Inc Listed on: 10/05/2019

Last Buyer's Agent

Dennis Medlock

(443) 856-2211 dennismedlockrealtor@gmail.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,910

Year Built

  • Built in 1973

Lot Details

  • 479

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Architectural Shingle Roof
  • Built-Up Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 840 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Additional Features

  • Flood Risk
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5494
  • Assessor Parcel Number 10-056306

Community Details

Overview

  • Association fees include pool(s), lawn care front
  • Low-Rise Community
  • Cyndy Condos, Phone Number (410) 289-8615
  • Gullway Villas Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,910

Year Built

Built in 1973

Lot Details

479 Sq Ft Lot

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 840
  • Living Area Sq Ft: 840
  • Price Per Sq Ft: 194.05
  • Above Grade Finished Sq Ft: 840
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Modular/Manufactured, Vinyl Siding
  • Roof: Architectural Shingle, Built-Up
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2400.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Cyndy
  • Condo Co-Op Phone: 410-289-8615
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Pool(s), Lawn Care Front
  • HOA Condo Co-Op Management Type: Professional - Off-Site, Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

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

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5401770
  • Tax Annual Amount: 1910.00
  • Assessor Parcel Number: 10-056306
  • Tax Lot: 5494
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2019
Closed on
Dec 20, 2019
Sold by
Burke Edward C and Burke Linda L
Bought by
Brown Stovall Robin and Stovall Earl W
Seller's Agent
Cynthia Jester
Beach Real Estate Inc
Buyer's Agent
Dennis Medlock
Coldwell Banker Realty
List Price
$163,000
Sold Price
$163,000
Current Estimated Value
$287,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,788
Avg. Annual Appreciation
9.49%
Original Mortgage
$130,400
Outstanding Balance
$114,966
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$172,822

Purchase Details

Closed on
Jun 2, 1998
Sold by
Meese John and Meese James L
Bought by
Burke Edward C and Burke Linda L

Purchase Details

Closed on
May 10, 1984
Sold by
Meese John and Terry Lee Davis
Bought by
Meese John and Meese James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
13.78%
Source: Public Records
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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
Brown Stovall Robin $163,000 Mid Atlantic Setmnt Svcs Llc
Burke Edward C $53,500 --
Meese John $20,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Stovall Robin $130,400
Previous Owner Meese John $13,500
Closed Burke Edward C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $163,000 0.0% $194 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/05/2019 10/05/19 For Sale $163,000 -- $194 / Sq Ft
Source: Bright MLS

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 $3,166 $231,833 $0 $0
2024 $2,602 $186,467 $0 $0
2023 $1,983 $141,100 $70,500 $70,600
2022 $1,983 $141,100 $70,500 $70,600
2021 $1,994 $141,100 $70,500 $70,600
2020 $1,994 $141,100 $70,500 $70,600
2019 $1,923 $135,200 $0 $0
2018 $1,821 $129,300 $0 $0
2017 $1,752 $123,400 $0 $0
2016 -- $123,400 $0 $0
2015 $2,046 $123,400 $0 $0
2014 $2,046 $135,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDWO109546

Bright MLS

APN: 10-056306

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