Seller's Agent in 2024
Joseph Wilson
Coastal Life Realty Group LLC
(443) 235-8382
178 in this area
274 Total Sales
Marigot Beach Condominiums 10002 Coastal Hwy Unit 1111 Ocean City, MD 21842
Estimated Value: $532,394 - $574,000
2
Beds
2
Baths
1,056
Sq Ft
$771/mo
HOA Fee
Highlights
- 255 Feet of Waterfront
- Ocean View
- Access to Tidal Water
- Ocean City Elementary School Rated A
- Beach
- Sandy Beach
About This Home
As of February 2024Come check out this renovated two bedroom two bath condo in Marigot Beach! Freshly painted walls, updated floors and new furniture - this condo is move in ready. Unit comes with an ocean front balcony for those breathtaking sunrises or memorable family dinners outside. Oceanfront master bedroom includes en-suite master bath and oversized picture window to watch the waves crash. 2 assigned parking spaces. Enjoy easy beach access as your unit is only a few steps from the ocean! Marigot Beach also offers an indoor pool. Located in the heart of uptown Ocean City surrounded by restaurants, bars, mini golf, shopping & grocery stores is only a few blocks away. Gold Coast Mall is located directly across the street offering several shops, restaurants, a gym and much more! Perfect for your personal condo at the beach and/or an investment property!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,480
Year Built
- Built in 1984
Lot Details
- 255 Feet of Waterfront
- Ocean Front
- Home fronts navigable water
- Sandy Beach
- Public Beach
HOA Fees
- $771 Monthly HOA Fees
Interior Spaces
- 1,056 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- Assigned parking located at #1111
- Paved Parking
- Parking Lot
- 2 Assigned Parking Spaces
Outdoor Features
- Access to Tidal Water
- Public Water Access
- Property is near an ocean
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Flood Risk
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 1111
- Assessor Parcel Number 2410269911
Community Details
Overview
- $578 Capital Contribution Fee
- Association fees include cable TV
- 144 Units
- 3 Elevators
- High-Rise Condominium
- Marigot Beach Community
- Property Manager
Recreation
- Beach
- Community Indoor Pool
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2023
Closed on
Feb 2, 2024
Sold by
Mpv-W Ocmd Condo Owner Llc
Bought by
Nelson Diane
Seller's Agent
Joseph Wilson
Coastal Life Realty Group LLC
Buyer's Agent
Kristen Gebhart
Northrop Realty
List Price
$535,000
Sold Price
$515,000
Premium/Discount to List
-$20,000
-3.74%
Total Days on Market
126
Views
217
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
$32,349
Avg. Annual Appreciation
5.08%
Purchase Details
Closed on
Sep 15, 1989
Sold by
Wood Ronald M D and Wood Sandra M
Bought by
Marigot Beach L P B
Purchase Details
Closed on
Jun 28, 1985
Sold by
Marigot Beach Limited Partnership
Bought by
Wood Ronald M D and Wood Sandra M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,800
Interest Rate
12.15%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelson Diane | $515,000 | None Listed On Document | |
| Marigot Beach L P B | $140,000 | -- | |
| Wood Ronald M D | $139,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wood Ronald M D | $125,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/02/2024 02/02/24 | Sold | $515,000 | -3.7% | $488 / Sq Ft |
| 09/07/2023 09/07/23 | For Sale | $535,000 | -- | $507 / 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 |
|---|---|---|---|---|
| 2024 | $5,191 | $372,000 | $0 | $0 |
| 2023 | $4,466 | $317,800 | $222,400 | $95,400 |
| 2022 | $4,362 | $310,400 | $0 | $0 |
| 2021 | $4,282 | $303,000 | $0 | $0 |
| 2020 | $4,193 | $295,600 | $206,900 | $88,700 |
| 2019 | $4,205 | $295,600 | $206,900 | $88,700 |
| 2018 | $4,163 | $295,600 | $206,900 | $88,700 |
| 2017 | $4,242 | $298,800 | $0 | $0 |
| 2016 | -- | $298,800 | $0 | $0 |
| 2015 | $3,600 | $298,800 | $0 | $0 |
| 2014 | $3,600 | $326,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Wilson
-
Kristen Gebhart
Buyer's Agent in 2024
Kristen Gebhart
Creig Northrop Team of Long & Foster
(410) 726-8995
39 in this area
122 Total Sales
About Marigot Beach Condominiums
Map
Similar Homes in Ocean City, MD
Source: Bright MLS
MLS Number: MDWO2016212
APN: 10-269911
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