$401,000
SOLD MAY 28, 2021

Lorelei I&II 103 125th St Unit 206 Ocean City, MD 21842

3 Beds
2.5 Baths
1,563 Sq Ft
$385/mo HOA Fee

Recently Sold

$257 Per Sq Ft

3% Above List Price

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Community Pool
  • Ocean City Elementary School Rated A
  • Furnished
  • 2-minute walk to Northside Park

About This Home

As of March 2024

WHAT AN AMAZING OPPORTUNITY to own a large 3 bedroom condo at 1563 sq ft with 2.5 baths that is across from Northside park and 2 short blocks to the beach! The open floor plan includes a large kitchen with breakfast bar, dining area and living room with a gas fireplace. Off of the living room there is access to the covered balcony that offers views of Northside Park so you can enjoy the fireworks and the new drone shows that Ocean City will be providing this year after Sundaes at the Park. The owner's suite has access to the balcony, comes with a walk-in closet, has an attached full bath with dual vanity sink, jetted tub and a separate shower. This well maintained condo includes sprinklers, crown molding, recessed lighting and has Tommy Bahama themed style decor. The property has a full size washer and dryer and the water heater was replaced in 2019. The Lorelei is professionally managed and offers an outdoor pool, elevator, ground level storage lockers, on-site parking and basic cable & gas is included in condo fee. Lorelei is located bayside block in North Ocean City at 125th St. diagonal to Northside Park and is also convenient to the beach, many restaurants, shopping, grocery stores, miniature golf, movie theater and much more! Don't miss out on this Ocean City gem and although the owner has not rented the property, this property could be a good rental. Offers must be submitted by 3pm Monday April 26.

Last Agent to Sell the Property

Dave Whittington

(410) 430-5283 ocdavew@gmail.com Coastal Life Realty Group LLC License #520693 Listed on: 04/23/2021

Last Buyer's Agent

Hoffy Hoffman

(410) 320-0430 ochoffy@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #662228

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,527

Year Built

  • Built in 2003

Lot Details

  • Sprinkler System
  • Property is in good condition

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,563 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Level Entry For Accessibility
  • Balcony
  • Flood Risk

Listing and Financial Details

  • Tax Lot 206
  • Assessor Parcel Number 10-410339

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, pool(s), reserve funds, trash, water
  • Low-Rise Condominium
  • Lorelei Community
  • Property Manager

Amenities

  • 1 Elevator
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,527

Year Built

Built in 2003

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-04-24
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: WHAT AN AMAZING OPPORTUNITY to own a large 3 bedroom condo at 1563 sq ft with 2.5 baths that is across from Northside park and 2 short blocks to the beach! The open floor plan includes a large kitchen with breakfast bar, dining area and living room with a gas fireplace. Off of the living room there is access to the covered balcony that offers views of Northside Park so you can enjoy the fireworks and the new drone shows that Ocean City will be providing this year after Sundaes at the Park. The owner's suite has access to the balcony, comes with a walk-in closet, has an attached full bath with dual vanity sink, jetted tub and a separate shower. This well maintained condo includes sprinklers, crown molding, recessed lighting and has Tommy Bahama themed style decor. The property has a full size washer and dryer and the water heater was replaced in 2019. The Lorelei is professionally managed and offers an outdoor pool, elevator, ground level storage lockers, on-site parking and basic cable & gas is included in condo fee. Lorelei is located bayside block in North Ocean City at 125th St. diagonal to Northside Park and is also convenient to the beach, many restaurants, shopping, grocery stores, miniature golf, movie theater and much more! Don't miss out on this Ocean City gem and although the owner has not rented the property, this property could be a good rental. Offers must be submitted by 3pm Monday April 26.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Sprinkler System, Walk-In Closet(s), Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1563
  • Living Area Sq Ft: 1563
  • Price Per Sq Ft: 249.52
  • Above Grade Finished Sq Ft: 1563
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 103

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1156.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Outdoor Living Structures: Balcony
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: B-1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5431125
  • Tax Annual Amount: 4527.00
  • Assessor Parcel Number: 10-410339
  • Tax Lot: 206
  • Tax Total Finished Sq Ft: 1563
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/28/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $550,000 -4.3% $352 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $574,900 +43.4% $368 / Sq Ft
05/28/2021 05/28/21 Sold $401,000 +2.8% $257 / Sq Ft
04/23/2021 04/23/21 For Sale $390,000 -- $250 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO121790

Bright MLS