Seller's Agent in 2025
TERESA MARSULA
Long & Foster
(410) 726-9107
8 in this area
120 Total Sales
Lorelei I&II 103 125th St Floor 3 Ocean City, MD 21842
3
Beds
2
Baths
1,186
Sq Ft
$700/mo
HOA Fee
Highlights
- Bay View
- Open Floorplan
- Furnished
- Ocean City Elementary School Rated A
- Contemporary Architecture
- 2-minute walk to Northside Park
About This Home
As of October 2025Welcome to Your Coastal Getaway in North Ocean City, Maryland! Just two blocks from the pristine beaches of Ocean City, this sought-after 3-bedroom, 2-bathroom Corner Unit condo offers the perfect blend of comfort, convenience, and coastal charm. Located on the 3rd floor with elevator access, this spacious 1,186 sq ft unit is fully furnished, move-in ready, and ideal for year-round living or as a vacation rental.
Enjoy partial views of the Assawoman Bay and overlook the beautifully maintained Lorelei Community pool right from your own private 500 sq ft Wrap Around Balcony—perfect for morning coffee or sunset cocktails.
Inside, the open-concept floor plan includes a bright and airy living area, dining space, and a fully equipped kitchen with a breakfast bar—ideal for entertaining guests or relaxing after a day on the beach. Additional perks include private in-unit laundry and a dedicated storage room for all your beach and pool essentials.
Located just minutes from Northside Park, local shops, bars, and top-rated restaurants, this condo places you in the heart of one of Ocean City’s most desirable neighborhoods. With plenty of parking and a strong potential for rental income, this is a smart investment as well as a seaside retreat. MORE INFO AND PROFESSIONAL PHOTOS COMING SOON! Don’t miss your chance to own a slice of the shore—schedule your tour today!
Last Agent to Sell the Property
(410) 726-9107 teresa.marsula@lnf.com Long & Foster Real Estate, Inc. License #626433 Listed on: 09/27/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,260
Year Built
- Built in 2003
Lot Details
- Northwest Facing Home
- Sprinkler System
- Property is in very good condition
HOA Fees
- $700 Monthly HOA Fees
Property Views
- Panoramic
- Scenic Vista
Home Design
- Contemporary Architecture
- Entry on the 3rd floor
- Block Foundation
- Shingle Roof
Interior Spaces
- 1,186 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Furnished
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Window Treatments
- Sliding Windows
- Window Screens
- Sliding Doors
- Insulated Doors
- Living Room
- Dining Room
Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Electric Dryer
- Washer
Home Security
Parking
- Handicap Parking
- 10 Off-Site Spaces
- Lighted Parking
- Parking Lot
Outdoor Features
- Balcony
- Wrap Around Porch
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Propane
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Additional Features
- More Than Two Accessible Exits
- Flood Risk
Listing and Financial Details
- Tax Lot 308
- Assessor Parcel Number 2410410452
Community Details
Overview
- Association fees include insurance, lawn maintenance, management, pool(s), reserve funds, exterior building maintenance
- Low-Rise Condominium
- Legumin And Norman Condos
- Built by LORELEI
- Lorelei Community
- Property Manager
Amenities
- 2 Elevators
Recreation
- Community Pool
Pet Policy
- Dogs Allowed
Security
- Storm Windows
- Storm Doors
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2025
Closed on
Oct 30, 2025
Sold by
Mcmaster Donald J and Mcmaster Bertha L
Bought by
Worman Donald D and Worman Linda L
Seller's Agent
TERESA MARSULA
Long & Foster Real Estate, Inc.
Buyer's Agent
Jonathan Barker
Keller Williams Realty Delmarva
List Price
$469,000
Sold Price
$465,000
Premium/Discount to List
-$4,000
-0.85%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.43%
Original Mortgage
$232,500
Outstanding Balance
$232,500
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$232,278
Purchase Details
Closed on
Jul 17, 2003
Sold by
Gregory Coburn C
Bought by
Kathleen Sulick Mary
Purchase Details
Closed on
Apr 28, 2003
Sold by
O C Kaufman Prop Llc
Bought by
Gregory Coburn C and Langrall Dean Insley
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $465,000 | Ocean Investments Title | |
| Deed | $375,000 | -- | |
| Deed | $264,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $232,500 | New Conventional | |
| Closed | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | Sold | $465,000 | -0.9% | $392 / Sq Ft |
| 09/27/2025 09/27/25 | For Sale | $469,000 | -- | $395 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,669 | $341,933 | $0 | $0 |
| 2024 | $4,247 | $304,367 | $0 | $0 |
| 2023 | $3,750 | $266,800 | $133,400 | $133,400 |
| 2022 | $3,750 | $266,800 | $133,400 | $133,400 |
| 2021 | $3,770 | $266,800 | $133,400 | $133,400 |
| 2020 | $3,770 | $266,800 | $133,400 | $133,400 |
| 2019 | $3,796 | $266,800 | $133,400 | $133,400 |
| 2018 | $3,758 | $266,800 | $133,400 | $133,400 |
| 2017 | $3,769 | $266,800 | $0 | $0 |
| 2016 | -- | $266,800 | $0 | $0 |
| 2015 | $3,600 | $266,800 | $0 | $0 |
| 2014 | $3,600 | $266,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
TERESA MARSULA
-
Jonathan Barker
Buyer's Agent in 2025
Jonathan Barker
Keller Williams Realty Delmarva
(410) 935-3810
120 in this area
192 Total Sales
About Lorelei I&II
Map
Source: Bright MLS
MLS Number: MDWO2033494
APN: 10-410452
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