120 53rd Street, Unit K30102

Ocean City, MD 21842

$318,000
Price
2
Beds
2
Baths
1,056 Sq. Ft.
$301 / Sq. Ft.
1,056
Sq. Ft.
$301
per Sq. Ft.

Description

PRICE REDUCTION BELOW MARKET VALUE investors - Great Rental investment with over 16-17 k rental income -for 3rd floor condos . 2 bedroom 2 bath condo WATERFRONT with OUSTANDING BAY VIEWS and DEEDED BOAT SLIP located in desirable mid town Ocean City. Bring your Boat and flip flops to enjoy the best of Ocean City. Bay spot condominium is located 53rd Street Bayside, easy access from Rt 90 in an out of town. Close to Beach, nightlife, shopping, watersports, Restaurants and short bus ride to the Iconic...PRICE REDUCTION BELOW MARKET VALUE investors - Great Rental investment with over 16-17 k rental income -for 3rd floor condos . 2 bedroom 2 bath condo WATERFRONT with OUSTANDING BAY VIEWS and DEEDED BOAT SLIP located in desirable mid town Ocean City. Bring your Boat and flip flops to enjoy the best of Ocean City. Bay spot condominium is located 53rd Street Bayside, easy access from Rt 90 in an out of town. Close to Beach, nightlife, shopping, watersports, Restaurants and short bus ride to the Iconic Boardwalk and all the attractions. Hop on your boat, Jet ski, Canoe or whatever you choose to berth in your private assigned boat slip and be on the open bay and to the Atlantic Ocean in minutes! travel by water to a plethora of Waterfront eateries and entertainment available in OC. Head to the Inlet or Atlantic Ocean for some of the best fishing in the White Marlin Capital of the World! Fantastic water views are to be had from inside your large 2 bedroom 2 full bath unit, partially furnished. Large kitchen with all appliances, New hot water heater and new Washer Dryer stack. Well run, self managed condo Association Unit Comes with deeded boat slip #49. You don't want to miss this one, come see today! Offered As Is ! Great rental investment GRI on Bay spot condos are 16,568.00 to 17,000 with built in repeat history . Condo fee increased for windows and staircase repair.
  1. Listed by Candi Noyes • Coldwell Banker Realty
    P: 4107263871 candi@candinoyes.com
  2. Listed by Michael J. Noyes • Coldwell Banker Realty
    P: 4105241203 mnoyes@cbmove.com

Property Details for 120 53rd Street, Unit K30102

Tax ID Number
2410227348
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
3
Structure Type
Unit/Flat/Apartment
Style
Coastal
Levels/Stories
1

Location

Listing Courtesy of Coldwell Banker Realty
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LISTING UPDATED: 04/10/2024 12:20 PM

Property Details for 120 53rd Street, Unit K30102

StatusActive
MLS #MDWO2017922
Days on Market148
Taxes$2,381 / year
HOA Fees-
Condo/Co-op Fees$585 / month
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1982
CountyWorcester County

Building

Bayspot

2 UnitsBuilt in 1982

Location

Listing Courtesy of Coldwell Banker Realty
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Virtual Tour

Building Information for 120 53rd Street, Unit K30102

Building/ComplexBayspotFloor-Stories-Residences2Pet Policy-Year Built1982

Payment Calculator

$2,519 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,735

Property Taxes

$198

HOA Dues

$585

The Payment Calculator is for illustrative purposes only.

Property Information for 120 53rd Street, Unit K30102

Location
Location
  • In City Limits: Yes
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • County: WORCESTER
  • MLS Area: Bayside Waterfront (84)
  • OC Cross Street: 53
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: Yes
  • Water Access Features: Boat - Powered, Fishing Allowed, Canoe/Kayak, Personal Watercraft (PWC), Private Access, Waterski/Wakeboard
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Tidal Water: Yes
  • Water Body Type: Canal
  • Water Frontage In Feet: 200.0
  • Docks Count: 1
  • Dock Type and Features: Private
  • Dock/Slip Conveys Y/N: true
  • Dock/Slip Conveyance: Assigned, Deeded, Exclusive Use
  • Slips Count: 1
Association / Community Info
Association / Community Info
  • Condo Coop Name: Bayspot
  • HOA Condo Coop Mgmt Type: Owner/Self-Management
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pier/Dock Maintenance, Reserve Funds, Taxes, Trash
  • HOA Condo Coop Amenities: Boat Dock/Slip
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $168,900
  • Year Assessed: 2023
  • County Tax: $1,427
  • City Town Tax: $764
  • Clean Green Assessed: No
  • Land Use Code: U
  • Zoning: TR
  • Tax Lot: K301
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
Rooms
Main
  • # Bedrooms Count Main Level: 2
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: 1,056.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 5416138
Parking
Parking
  • Type Of Parking: Off Site, Parking Lot
  • Parking Lot - # of Spaces: 2
  • Parking Features: Paved Parking
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open
  • Fireplace: No
  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Stove, Washer, Washer/Dryer Stacked, Water Heater
  • Accessibility Features: 36"+ wide Halls, Doors - Swing In
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
Exterior Features
Exterior Features
  • Exterior Features: Exterior Lighting
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)
  • List Agent URL: www.candinoyes.com

Property History for 120 53rd Street, Unit K30102

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 120 53rd Street, Unit K30102

Taxable ValueLand$84,400Additions$84,500Total$168,900
Tax Record2023$2,381 ($198 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,056 SqFtAbove Grade Finished SqFt1,056 SqFtStyleCondominiumYear Built1982ZoningTRCountyWORCESTERAPN10-227348Fireplace TypeHas Fireplace

Schools near 120 53rd Street, Unit K30102

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ocean City Elementary School
PublicPK to 4

Berlin Intermediate School
Public5 to 6

Stephen Decatur Middle School
Public7 to 8

Stephen Decatur High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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120 53rd Street, Unit K30102 is a condo for sale in Ocean City, MD 21842. This property was listed for sale on December 7, 2023 by Coldwell Banker Realty, it's currently listed at $318,000. This listing's school district is Worcester County Public Schools. Nearby schools include Ocean City Elementary School, Berlin Intermediate School and Stephen Decatur Middle School. 120 53rd Street, Unit K30102 is a 2-bed, 2-bath, 1,056 sqft condo built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/10/2024 12:20 PM