3010 Philadelphia Avenue, Unit N108

Ocean City, MD 21842

$184,900
Price
Studio
Beds
1
Bath
377 Sq. Ft.
$490 / Sq. Ft.
377
Sq. Ft.
$490
per Sq. Ft.

Description

This is the beach investment property you've been waiting for! Oceanblock efficiency condo with views of the dunes and easy walking distance to the beach, waterpark, mini golf, restaurants, the boardwalk, and so much more. This unit is turn-key and ready for immediate enjoyment, or be ready to maximize rentals this summer season. Tile floors throughout, a beautiful tile shower, and an updated kitchen are all features that set this unit apart from the rest. For an efficiency condo, this unit offers...This is the beach investment property you've been waiting for! Oceanblock efficiency condo with views of the dunes and easy walking distance to the beach, waterpark, mini golf, restaurants, the boardwalk, and so much more. This unit is turn-key and ready for immediate enjoyment, or be ready to maximize rentals this summer season. Tile floors throughout, a beautiful tile shower, and an updated kitchen are all features that set this unit apart from the rest. For an efficiency condo, this unit offers a very nice size at 375 sf and abundant storage space, as well as a room divider allowing you to make two separate sleeping areas. Another great upgrade in this unit is the 40 gallon water heater, larger than the typical efficiency condo. The Three Cheers condominium boasts an outdoor pool with sundeck, bike storage room on the ground level, and one assigned parking space per unit. Whether you're looking for a budget-friendly beach retreat, fantastic rental property, or place to call home, you're sure to love unit N108 in The Three Cheers.
  1. Listed by RHONDA FRICK • Long & Foster Real Estate, Inc.
    P: 3022361456 rhonda@rhondafrick.com
  2. Listed by BETHANY FRICK • Long & Foster Real Estate, Inc.
    P: 3025197476 bethany@rhondafrick.com

Property Details for 3010 Philadelphia Avenue, Unit N108

Tax ID Number
2410050200
Ownership
Ground Rent
Condo Coop Association
Yes
HOA
No
Entry Floor Number
1
Structure Type
Unit/Flat/Apartment
Style
Unit/Flat
Levels/Stories
1

Location

Listing Courtesy of Long & Foster Real Estate, Inc.
Add your commute
LISTING UPDATED: 04/23/2024 12:49 PM

Property Details for 3010 Philadelphia Avenue, Unit N108

StatusActive Under Contract
MLS #MDWO2020332
Days on Market5
Taxes$1,073 / year
HOA Fees-
Condo/Co-op Fees$1,250 semi-annually
Compass TypeCondo
MLS TypeResidential / Ground Rent
Year Built1972
CountyWorcester County

Location

Listing Courtesy of Long & Foster Real Estate, Inc.
Add your commute

Building Information for 3010 Philadelphia Avenue, Unit N108

Building/ComplexThree CheersFloor-Stories1Residences-Pet PolicyAllowedYear Built1972

Payment Calculator

$1,307 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,009

Property Taxes

$89

HOA Dues

$208

The Payment Calculator is for illustrative purposes only.

Property Information for 3010 Philadelphia Avenue, Unit N108

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: Ocean Block (82)
  • OC Cross Street: 30
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: Yes
  • Navigable Water: No
  • Tidal Water: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Riparian Rights Y/N: No
  • Distance To Body Of Water: 1.00
  • Distance To Body Of Water Units: Blocks
Association / Community Info
Association / Community Info
  • Condo Coop Name: Three Cheers COA
  • HOA Condo Coop Mgmt Type: Owner/Self-Management
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pool(s)
  • HOA Condo Coop Amenities: Common Grounds, Extra Storage, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool
  • Property Manager Y/N: No
  • Senior Community: No
  • Association Recreation Fee Y/N: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $76,100
  • Year Assessed: 2023
  • County Tax: $643
  • Improvement Assessed Value: $0
  • City Town Tax: $344
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: U
  • Zoning: B1-R3
  • Tax Lot: N108
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Case by Case Basis
Rooms
Main
  • # Bedrooms Count Main Level: 0
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
Rooms
  • Stories: Main
Financial Information
Expenses
  • Income Expense List: Annual Ground Rent
Building Info
Building Info
  • Total Finished SQFT: 377.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Location Type: Oceanblock
  • Parcel ID: 5401289
  • Ground Rent Exists: Yes
  • Ground Rent Amount: $210
  • Ground Rent Payment Frequency: Annually
  • Capitalized Value-Ground Rent: $3,500
Parking
Parking
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot - # of Spaces: 1
  • Number of Assigned Spaces: 1
  • Assigned Parking Space Number(s): N108
  • Parking Features: Assigned, Parking Fee
Interior Features
Interior Features
  • Interior Features: Breakfast Area, Efficiency, Family Room Off Kitchen, Floor Plan - Open, Stall Shower, Studio
  • Fireplace: No
  • Accessibility Features: None
  • Laundry Type: None
Exterior Features
Exterior Features
  • Outdoor Living Structures: Balcony
  • Pool: Yes - Community
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Wall Unit, Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Sussex County Association of REALTORS (DE)

Property History for 3010 Philadelphia Avenue, Unit N108

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3010 Philadelphia Avenue, Unit N108

Taxable ValueLand$38,000Additions$38,100Total$76,100
Tax Record2023$1,073 ($89 / month)
Home Facts
Beds0Baths1Total Finished SqFt377 SqFtAbove Grade Finished SqFt377 SqFtStyleCondominiumYear Built1972ZoningB1-R3CountyWORCESTERAPN10-050200Fireplace TypeHas Fireplace

Schools near 3010 Philadelphia Avenue, Unit N108

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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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 Long & Foster Real Estate, Inc.

© 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 04/23/2024 12:49 PM