$431,500
$430,000
0.3%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,044 SqFt
SOLD DATE : 11/16/2018
Key Details
Sold Price $431,500
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,044 sqft
Price per Sqft $413
Subdivision None Available
MLS Listing ID 1007519596
Sold Date 11/16/18
Style Coastal
Bedrooms 2
Full Baths 2
Condo Fees $4,980/qua
HOA Y/N N
Abv Grd Liv Area 1,044
Originating Board BRIGHT
Year Built 1971
Annual Tax Amount $4,867
Tax Year 2018
Property Description
The Ocean Front condo you've been waiting for! Prime North-Island location with easy access at 130th Street traffic light intersection. A quieter area of the Resort with smaller neighboring buildings, lower density beach and the OC Beach Patrol Station next door, all add to the popularity of this intimate 5-story masonry building, 25-condo Complex. 4th floor #9/402 shares a common vestibule with #401, a recently updated and inviting entry, providing added security and weather protection. Convenient to Delaware and OC Northside City Park @ 125th for dog walking, outdoor sports, even a crab pier as well as seasonal fireworks displays and Winterfest of Lights. This condo has been pampered by the Owners as their 2nd Home, totally renovated with quality over the past 5 years: complete Kitchen with stainless steel appliances and solid surface countertops, complete baths, all furnishings and accents, hardwood, marble, tile flooring, HVAC system and water heater . One of the "yes" features is the dual access, 25' X 8' private ocean front balcony enhanced with manual storm shutters. Additional features: basic cable included in condo fee, open and covered parking, assigned space "C" (may be reassigned, a provision when sold as other owners may request), handy ground-level beach locker, central elevator, roofing and elevator mechanics replaced 2015, walk-in Utility/Laundry Room with newer full-sized appliances, Community bike rack. Never a rental: if considering as an investment property, you may expect a gross rental income of $25,000 to $30,000. Pre-inspected + 1-year Enhanced Home Warranty included. Real Estate Taxes @ $406/month, Condo Fee @ $415/month, paid quarterly @ $1,245. Special Assessment to be paid by Seller @ approximately $3,300 for future storm water management improvements. $80,000-$90,000 in condo reserve account.
Location
State MD
County Worcester
Area Direct Oceanfront (80)
Zoning R-3
Direction East
Rooms
Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Bathroom 2, Primary Bathroom
Main Level Bedrooms 2
Interior
Interior Features Ceiling Fan(s), Dining Area, Entry Level Bedroom, Flat, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Primary Bedroom - Ocean Front, Upgraded Countertops, Window Treatments, Other, Combination Kitchen/Dining, Kitchen - Galley, Recessed Lighting, Stall Shower, Wood Floors
Hot Water Electric
Heating Electric, Forced Air
Cooling Ceiling Fan(s), Central A/C
Flooring Ceramic Tile, Vinyl, Hardwood, Concrete, Marble
Equipment Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Exhaust Fan, Oven - Self Cleaning, Microwave, Oven/Range - Electric, Refrigerator, Stove, Washer, Water Heater, Icemaker, Stainless Steel Appliances
Furnishings Yes
Fireplace N
Window Features Double Pane,Insulated,Screens
Appliance Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Exhaust Fan, Oven - Self Cleaning, Microwave, Oven/Range - Electric, Refrigerator, Stove, Washer, Water Heater, Icemaker, Stainless Steel Appliances
Heat Source Electric
Laundry Dryer In Unit, Has Laundry, Washer In Unit, Main Floor
Exterior
Exterior Feature Balcony
Fence Decorative
Utilities Available Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available, Cable TV
Amenities Available Beach, Cable, Common Grounds, Elevator, Extra Storage, Fencing, Non-Subdivision, Reserved/Assigned Parking, Storage Bin, Other
Waterfront Description Sandy Beach
Water Access Y
Water Access Desc Fishing Allowed,Personal Watercraft (PWC),Public Access,Public Beach,Swimming Allowed,Waterski/Wakeboard
View Ocean
Roof Type Built-Up
Street Surface Black Top
Accessibility 2+ Access Exits, Elevator, No Stairs, Other
Porch Balcony
Road Frontage City/County
Garage N
Building
Lot Description Corner, No Thru Street, Road Frontage
Story 1
Unit Features Mid-Rise 5 - 8 Floors
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Architectural Style Coastal
Level or Stories 1
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
Elementary Schools Ocean City
Middle Schools Stephen Decatur
High Schools Stephen Decatur
School District Worcester County Public Schools
Others
HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Insurance,Lawn Care Front,Lawn Care Rear,Lawn Care Side,Lawn Maintenance,Management,Reserve Funds,Snow Removal,Water
Senior Community No
Tax ID 10-157749
Ownership Condominium
Security Features Smoke Detector
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Tina Dorsey • Condominium Realty LTD