NOT LISTED FOR SALE

Lorelei I&II 104 125th St Unit 205 LORELEI II Ocean City, MD 21842

Estimated Value: $417,000 - $607,000

3 Beds
2.5 Baths
1,513 Sq Ft
$529/mo HOA Fee

Last Sold October 13, 2023

Last sale price $550,000 $364 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,746/month

5 Days on Market

Highlights

  • Furnished
  • Community Pool
  • Balcony
  • Ocean City Elementary School Rated A
  • Elevator
  • 3-minute walk to Northside Park

About This Home

As of October 2023

Welcome to Your Dream Beach Home at Loreleii II, Residence 205!
Get ready to dive into coastal living perfection! Nestled in the heart of North Ocean City, the stunning Loreleii II building beckons you to experience the ultimate beach lifestyle. Say hello to Residence 205 – your ticket to a life filled with sun, sea, and endless smiles. Location, Location, Location! Picture this: you're just a flip-flop's throw away from the renowned Northside Park recreation complex. You're not just close to it; you practically have front-row seats to Ocean City's legendary July 4th Firework display! And that's just the beginning – with Northside Park as your neighbor, you've got a treasure trove of attractions waiting to be explored.
Spacious Serenity Inside Step inside your future oasis! Residence 205 boasts a generous 3-bedroom split-floorplan layout, meticulously maintained to perfection. The cozy gas fireplace creates the perfect ambiance for cool evenings, while the oversized balcony is your personal gateway to al fresco entertaining – picture those sunset soirees!
Community Pool & Private Storage Splash into the Loreleii II lifestyle with access to the community pool. Imagine lounging poolside, soaking up the sun, and making memories with friends and family. Plus, no need to worry about clutter – your very own private storage locker keeps your beach toys and essentials neatly tucked away.
Your Beachside Haven Awaits! The golden sands, the crashing waves, and the vibrant boardwalk – they're all just moments away from your new home. Don't let this chance slip through your sandy fingers. Residence 205 at Loreleii II is your passport to the quintessential beach life you've been dreaming of.
Seize the Moment! Opportunities like these are as rare as seashells, so act fast! Pack your sunscreen, grab your sunglasses, and make Loreleii II, Residence 205 your own personal paradise. Your new beach adventure starts now!
*Reserve Study is complete and in place. 2023 Condo fees are $1580/Qtr with a proposed increase in 2024 to $2000/qtr to cover expenses.

Last Agent to Sell the Property

Grant Fritschle

(410) 430-5880 grant@markf.com Keller Williams Realty Delmarva License #RA0020779 Listed on: 08/30/2023

Keller Williams Realty Delmarva

Last Buyer's Agent

Lisa Barton

(410) 829-2051 lisa.barton@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,712

Year Built

  • Built in 2004

HOA Fees

  • $529 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,513 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Gas Fireplace
  • Carpet

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Balcony
  • Flood Risk

Listing and Financial Details

  • Tax Lot 205
  • Assessor Parcel Number 2410425328

Community Details

Overview

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

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,712

Year Built

Built in 2004

Lot Details

0

HOA Fees

$529 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: See Inventory Addendum
  • Inclusions: See Inventory Addendum
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Built-In Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 2
  • Flooring Type: Carpet
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1513
  • Living Area Sq Ft: 1513
  • Price Per Sq Ft: 368.14
  • Above Grade Finished Sq Ft: 1513
  • Above Grade Finished Area Units: Square Feet

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, Below 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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: 1587.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Insurance, Management, Pool(s), Reserve Funds, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Zoning: RESIDENTIAL CONDOMINIUM
  • Zoning Description: Residential Condominium
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 4712.00
  • Assessor Parcel Number: 2410425328
  • Tax Lot: 205
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Oct 13, 2023
Sold by
Richard Steven Stafford and Richard Cecilia Jean
Bought by
Baden Daniel Ross and Baden Toni Wiles
Seller's Agent
Grant Fritschle
Keller Williams Realty Delmarva
Buyer's Agent
Lisa Barton
Coldwell Banker Realty
List Price
$557,000
Sold Price
$550,000
Premium/Discount to List
-$7,000
-1.26%
Views
122
Current Estimated Value
$534,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,546
Avg. Annual Appreciation
-1.40%

Purchase Details

Closed on
May 11, 2017
Sold by
Stafford Richard S and Stafford Cecilia J
Bought by
Stafford Richard Steven and Stafford Cecilia Jean

Purchase Details

Closed on
Apr 29, 2005
Sold by
Sutch Emory G
Bought by
Stafford Richard S and Stafford Cecilia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2004
Sold by
Szymanski Theodore V
Bought by
Sutch Emory G and Sutch Melissa B

Purchase Details

Closed on
Jun 1, 2004
Sold by
Oc Kaufman Prop Ii Llc
Bought by
Szymanski Theodore V and Szymanski Jacquelyn P
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Baden Daniel Ross $550,000 None Listed On Document
Stafford Richard Steven -- None Available
Stafford Richard S $495,000 --
Sutch Emory G $470,000 --
Szymanski Theodore V $349,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stafford Richard S $346,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2023 10/13/23 Sold $550,000 -1.3% $364 / Sq Ft
08/30/2023 08/30/23 For Sale $557,000 -- $368 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $5,034 $368,633 $0 $0
2024 $4,904 $351,467 $0 $0
2023 $4,712 $334,300 $167,100 $167,200
2022 $4,698 $334,300 $167,100 $167,200
2021 $4,724 $334,300 $167,100 $167,200
2020 $4,723 $334,300 $167,100 $167,200
2019 $4,756 $334,300 $167,100 $167,200
2018 $4,708 $334,300 $167,100 $167,200
2017 $4,524 $334,300 $0 $0
2016 -- $318,667 $0 $0
2015 $4,612 $303,033 $0 $0
2014 $4,612 $287,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2016044

Bright MLS

APN: 10-425328