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$1,400,000
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Full Property Details for 501 Baltimore Ave
General
- Sold For: $1,400,000
- Taxes: $14,865 (2023)
- Status: Closed
- Type: Business
- MLS ID: MDWO2016278
- Added to Site: 252 day(s) ago
Business
- Business Type: Apartment Building, Bed and Breakfast
Interior
- Flooring: Carpet, Ceramic Tile, Hardwood
Additional Information
- Security/Safety: Desk in Lobby, Carbon Monoxide Detector(s)
Parking
- Total Spaces: 10
- Parking Features: Private
- Parking Type: Driveway, Leased to Off Site
Location
- Area: Ocean Block (82)
- Municipality: Ocean City
- County: Worcester
- Building Name: NONE AVAILABLE
- Driving Directions: Baltimore Avenue to 5th Street. Bed and Breakfast on the corner.
- Location Details: Corner Lot/Unit
- City Limits: Yes
School Information
- Elementary School: Ocean City
- Middle School: Stephen Decatur
- High School: Stephen Decatur
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Multi Units
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available
Structural Information
- Construction: Block, Brick, Combination, Frame
- Foundation: Block
- Roof: Architectural Shingle
- Entry Floor Number: 2
- Stories/Levels: 0
- Year Built: 1935
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: Ocean
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,335
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Street/Road Desc.: Paved
- Fence: Yes
- Lot Features: Cleared, Corner, Landscaping, Road Frontage
- Zoning: R-3A
- Lot Description: Cleared, Corner, Landscaping, Road Frontage
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $267.24
- Assessment Year: 2023
- City/TownTax: $4,772
- City/TownTax Freq: Annually
- County Tax: $8,911
- County Tax Freq: Annually
- Tax w/Assessment: $1,054,567
- Tax Amount: $14,865
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 007A
Listed by Coldwell Banker/Bud Church Rea, Ken Church and Coldwell Banker/Bud Church Rea, Chase Church
Sold by Coldwell Banker/Bud Church Rea, Ken Church
Schools serving 501 Baltimore Ave
Rating | Name | Grades | Distance |
---|---|---|---|
12828 Center Dr, Ocean City, MD 21842 | PK-4 | 1.5 mi | |
309 Franklin Ave, Berlin, MD 21811 | PK-4 | 6.9 mi | |
9815 Seahawk Rd, Berlin, MD 21811 | 7-8 | 5.7 mi | |
9913 Seahawk Rd, Berlin, MD 21811 | 9-12 | 5.8 mi |
Price & Sales History for 501 Baltimore Ave
501 Baltimore Avenue, Ocean City, MD 21842 (MLS# MDWO2016278) is a Business property that was sold at $1,400,000 on March 29, 2024. Want to learn more about 501 Baltimore Avenue? Do you have questions about finding other Business real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.