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13 69th St

$176,800 SOLD

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Ocean Terrace : Just steps to the beach!

Address: 13 69th St. #107	City/ST: Ocean City, MD	Zip Code: 21842
Location: Ocean City, MD 21842	Property Type: Condo	New or Resale: Resale
Square Footage: 615	Bedrooms: 1	Bathrooms: 1
MLS# 460722	Property Tax: 2041

Pride of ownership is evident as soon as you walk in the door of this 1 bedroom ocean block condo. Excellent mid-town location just steps to the beach. Walk to popular OC restaurants and bars, bowling, mini-golf, grocery store and more. Assigned parking space right outside your door. This unit is NOT a rental, but has potential of $8500 GRI. County Tax $1463, City Tax $578, Condo Fee $1600 per year paid bi-annually. Pre-inspected for Buyer peace of mind

Last Updated: 8/6/2010 10:05:21 AM

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Ocean Terrace
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Time to Move >When Your House Gets Too Big

As the Baby Boomers of the 1950s send their children off to college, they join the part of the market called "empty nesters". At this point they no longer need six bedrooms and three baths, a family room and a gigantic yard. Many "empty nesters" are trading in the family home for something that is smaller, easier to maintain and has the amenities that are important to their more carefree lifestyle. If you are considering such a move, start out by consulting a good Realtor whom you like and trust. The good news is--- when you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. These capital gain exclusions apply whether you "buy up" to a more expensive home or "buy down" to a less expensive one. If you are moving downtown from the suburbs in order to be close to cultural centers, theaters and restaurants, there may be "quality of life" issues, such as noise or parking. Your Realtor can help you find a home that has all the conveniences and amenities you desire.

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Q	Nearly every state has a mandate for seller disclosure. What must a seller disclose?
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Linda A. Moran, REALTOR�, real estate agent and broker for Ocean City, Ocean Pines and Berlin, Maryland home listings, property and land for sale

Linda A. Moran
Prudential Carruthers Realtors
12308 Ocean Gateway, Suite 1
Ocean City, MD 21842
1-800-367-7350X128
Direct: 410-520-2628
Fax: 410-213-7088
email: LindaMoranRealtor@comcast.net
Linda Moran has been providing real estate services to buyers and sellers for 30 years. She knows the real estate market and can provide you with up to date information regarding the area and surroundings. Call Linda at any of her numbers to chat or email her. She stays on-line and has advanced communications to assist you quickly.

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