Ocean City, MD 21842,1201 ATLANTIC AVE #309

$207,500

$215,000

3.5%
Est.Price: ?

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Est. payment /mo

1 Bed

1 Bath

554 SqFt


SOLD DATE : 02/05/2016

Key Details

Sold Price $207,500

Property Type Condo

Sub Type Condo/Co-op

Listing Status Sold

Purchase Type For Sale

Square Footage 554 sqft

Price per Sqft $374

Subdivision None Available

MLS Listing ID 1000554464

Sold Date 02/05/16

Style Unit/Flat

Bedrooms 1

Full Baths 1

Condo Fees $3,300/ann

HOA Y/N N

Abv Grd Liv Area 554

Originating Board CAR

Year Built 1979

Property Description

PRICE REDUCED!!Ocean Front Unit. Very desirable location on the Boardwalk. Excellent rental income, approximately $14,550 from 2015 weekly rentals. Unit was on 2015 weekly rental program from July through the first week of September. Owner did not elect to rent in the month of June or after mid September. Ceiling fans in living room and bedroom. A/C units living room and bedroom recently replaced. Newer stove, microwave and hot water heater. Enclosed indoor swimming pool. Entire building recently recoated. Capital Reserve fund over $500,000.00. Reserved parking space plus plenty of extra spaces for guests. Condo fees have been reduced from $3700.00 per year to $3300.00 per year. Fully furnished.

Location

State MD

County Worcester

Area Direct Oceanfront (80)

Rooms

Other Rooms Living Room, Kitchen, Bedroom 1

Interior

Interior Features Entry Level Bedroom, Ceiling Fan(s)

Hot Water Electric

Heating Forced Air

Cooling None

Equipment Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked

Furnishings Yes

Window Features Insulated,Screens

Appliance Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked

Heat Source Electric

Exterior

Exterior Feature Balcony, Porch(es)

Parking On Site 1

Pool Indoor

Utilities Available Cable TV

Amenities Available Pool - Indoor

Water Access Y

View Ocean, Water

Roof Type Built-Up

Porch Balcony, Porch(es)

Road Frontage Public

Garage N

Building

Lot Description Corner

Unit Features Mid-Rise 5 - 8 Floors

Foundation Block, Pilings, Crawl Space

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Additional Building Above Grade

New Construction N

Schools

Elementary Schools Ocean City

Middle Schools Stephen Decatur

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Tax ID 037026

Ownership Condominium

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Bright MLS (BMLS)
Listed by John Romeo • Bruce Howe Realty
Bought with Paul G. Chambers • Coldwell Banker Realty
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