161 Captains Quarters Rd #1

Ocean City, MD 21842 View Map $515,000 Schedule a Tour
Beds3
Baths2Full11/2
Sq.Ft.1,120
Year1985

Dustin Oldfather

(302) 260-2000

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Status: Active
Property Type:End Of Row/Townhouse
MLS #:MDWO2020980
Sq. Feet:1,120
On Site:31 Days
County:Worcester
Monthly HOA:$333

Listing Office

Office:Coastal Life Realty Group LLC
JUST REDUCED 20K!!! Welcome to paradise! This is an amazing opportunity to purchase a fully renovated 3-story end-unit townhome with sunset views and balconies galore! This property has it all - 3 spacious bedrooms with balconies (two master bedrooms), 2.5 bathrooms, back deck, a large carport with storage, and an association pool just steps away. In 2023, the Harbour Sails townhouses completed a major exterior renovation, including all new Hardie Board plank siding, wood decking, railings, and stairs. Inside are newer LVP floors throughout and recently renovated kitchen and baths. PLUS new windows, sliding doors, and window A/C units. This property comes fully furnished with lovely beach decor and ready to be used immediately, or used as a rental the summer season of 2024. Gross income for the past three years was $24,070 (2023), $40,778 (2022), and $26,484 (2021) during the high season only. Projected income for 2024 is $14K with potential for additional earnings. Only 8 weeks are currently rented with June and August being open for new owner use! Booking can be conveyed if desired. Sold fully furnished and turn-key. Enjoy easy access to the beach, shopping, and restaurants just a short stroll away. At the top of the street is Jamestown Park for crabbing and fishing, The Original Greene Turtle, Fractured Prune and more! This property is centrally located with easy access on and off the island by Lighthouse Road or RT 90 bridge. Harbor Sails Association is a well managed HOA. There are no assessments due from the upgrades, and the reserve study has been completed. Whether you're seeking a full-time residence, a vacation getaway, or an investment opportunity, this townhome has it all! Don't miss out on the opportunity to experience bayside living at its finest. The owners have taken meticulous and loving care of this property and it shows! Call or message me for more information or a private showing.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
6/5/2024$535,000$515,000-3.7%

Community Information

Address:161 Captains Quarters Rd #1, Ocean City, MD 21842
County:Worcester
Subdivision:Non Development
Zip Code:21842
Neighborhood:NON DEVELOPMENT
Building:Harbor Sails

Architecture

Unit Number:#1
Bedrooms: 3
Bathrooms: 2 Full / 1 Half
Year Built:1985
Stories:3
Style:Coastal
Construction: Combination
Roof: Shingle
Foundation: Block

Features / Amenities

Interior Features: Ceiling Fan(s), Floor Plan - Traditional, Window Treatments
Appliances: Stainless Steel Appliances, Washer/Dryer Stacked
Flooring: Carpet, Laminate Plank
Other Rooms: Living Room, Kitchen
Exterior Features: Tennis Court(s)
Community Amenities: Pool - Outdoor, Tennis Courts
Sub Structure Types: Above Grade, Below Grade
Cooling: Ceiling Fan(s), Window Unit(s)
Cooling Fuel: Electric
Heating: Baseboard - Electric
Heating Fuel: Electric
Hot Water: Electric

Square Footage

Finished Sq. Ft.
Above Grade 1120
Below Grade 0
Total 1120

Rooms

LevelSizeDescription
KitchenMain Level
Living RoomMain Level

Property Features

Lot Dimensions:0.00 x 0.00
Location: Bayside
Parking: Paved Parking
Parking Types: Attached Carport, Off Street, Parking Lot
Parking Included In List Price: No
Sewer: Public Sewer
Water: Public
Municipality: Ocean City
Zoning:R-2
Directions:Jamestown Rd. bayside and the property is down on your right hand side

Tax and Financial Info

Total Taxes: $2,257 (paid Annually)
Tax Year: 2023
Ownership Type: Condominium
Homeowners' Assoc.: No
City Tax Rate: $724.00 (Annually)
County Tax Rate: $1,353.00 (Annually)
Condo Coop Fee: $1,000.00 (Quarterly)
Other Fees: $175.00 (One Time)
Acceptable Financing: Cash, Conventional
Association Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds, Pool(s)

Schools

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161 Captains Quarters Rd #1 Ocean City,  MD 21842
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161 Captains Quarters Rd #1 Ocean City, MD 21842
 
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Listing Information Last Updated 6/15/2024
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