NOT LISTED FOR SALE

Lorelei I&II 104 125th St Unit 302 Ocean City, MD 21842

Estimated Value: $460,000 - $508,000

2 Beds
2 Baths
1,256 Sq Ft
$348/mo HOA Fee

Last Sold October 12, 2017

Last sale price $260,000 $207 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,264/month

Highlights

  • 1,000 Feet of Waterfront
  • Public Water Access
  • Private Pool
  • Ocean City Elementary School Rated A
  • Public Beach
  • 3-minute walk to Northside Park

About This Home

As of October 2017

Gorgeous condo offers elevator to 3rd floor where you will enjoy top quality. Close to North Park(fishing, fest of lites, playground, exercise equip) & just 2 blocks from the Ocean, you'll enjoy the pool & personal storage. Don't miss the sleep sofa--plenty of rm for the family. Dishes, cookware, bed coverings--included--just move in. Relax in your whirlpool tub or balcony breezes. Never rented.

Last Agent to Sell the Property

Pat Ratcliffe

(410) 490-2192 pat@watermanrealty.com Coldwell Banker Waterman Realty License #79621 Listed on: 09/18/2017

Coldwell Banker Waterman Realty

Last Buyer's Agent

Nancy Reither

(410) 603-5050 nreither@cbmove.com Coldwell Banker Residential Brokerage License #MRIS:3225399

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,494

Year Built

  • Built in 2004

Lot Details

  • 1,000 Feet of Waterfront
  • Home fronts navigable water
  • Public Beach
  • Property is in very good condition

HOA Fees

  • $348 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,256 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Private Pool
  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed

Schools

  • Stephen Decatur High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 302
  • Assessor Parcel Number 2410425395

Community Details

Overview

  • Association fees include insurance, pool(s), reserve funds, trash
  • 35 Units
  • Low-Rise Condominium
  • Lorelei II Community
  • The community has rules related to alterations or architectural changes

Recreation

  • Community Pool
  • Fishing Allowed

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,494

Year Built

Built in 2004

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Balcony furniture & vacuum
  • Historic: No
  • Inclusions: Furniture Conveys
  • New Construction: No
  • Story List: Main
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Combination Dining/Living, Breakfast Area, Entry Level Bedroom, Crown Moldings, Elevator, Primary Bath(s), Window Treatments, Whirlpool/Hottub, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Screens
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1256
  • Living Area Sq Ft: 1256
  • Price Per Sq Ft: 218.87
  • Above Grade Finished Sq Ft: 1256
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Pool Private: Yes
  • Water Access Features: Boat - Powered, Fishing Allowed, Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No
  • Water Frontage In Feet: 1000

Garage/Parking

  • Garage: No
  • Garage Features: Covered Parking

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Sprinkler System - Indoor, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1044.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Insurance, Pool(s), Reserve Funds, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Restrictions
  • HOA: No
  • Senior Community: No

Schools

  • High School: STEPHEN DECATUR

Lot Info

  • Improvement Assessed Value: 125000.00
  • Land Assessed Value: 124900.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: B-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5431811
  • Tax Annual Amount: 3494.35
  • Assessor Parcel Number: 2410425395
  • Tax Lot: 302
  • Tax Page Number: 260
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2017
Closed on
Oct 12, 2017
Sold by
Cross Robert S and Cross Sandra L
Bought by
Piccione Robert P and Piccione Carol L
Seller's Agent
Pat Ratcliffe
Coldwell Banker Waterman Realty
Buyer's Agent
Nancy Reither
Coldwell Banker Residential Brokerage
List Price
$274,900
Sold Price
$260,000
Premium/Discount to List
-$14,900
-5.42%
Current Estimated Value
$482,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,913
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Jan 3, 2006
Sold by
Donald Pearl
Bought by
Cross Robert S and Cross Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2005
Sold by
Donald Pearl
Bought by
Cross Robert S and Cross Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2004
Sold by
Oc Kaufman Prop Ii Llc
Bought by
Pearl Donald and Pearl Gretchen Pearl
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
Piccione Robert P $260,000 Title Resources Guaranty Co
Cross Robert S $435,000 --
Cross Robert S $435,000 --
Pearl Donald $414,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cross Robert S $330,000
Previous Owner Cross Robert S $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2017 10/12/17 Sold $260,000 -5.4% $207 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $274,900 -- $219 / 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 $4,659 $341,167 $0 $0
2024 $4,089 $293,033 $0 $0
2023 $3,442 $244,900 $122,400 $122,500
2022 $3,442 $244,900 $122,400 $122,500
2021 $3,461 $244,900 $122,400 $122,500
2020 $3,460 $244,900 $122,400 $122,500
2019 $3,484 $244,900 $122,400 $122,500
2018 $3,449 $244,900 $122,400 $122,500
2017 $3,530 $249,900 $0 $0
2016 -- $246,133 $0 $0
2015 $3,964 $242,367 $0 $0
2014 $3,964 $238,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pat Ratcliffe

    Seller's Agent in 2017

    Pat Ratcliffe

    Coldwell Banker Waterman Realty

    (410) 490-2192

    8 Total Sales

    Pat Ratcliffe
    Section Image

  • N

    Buyer's Agent in 2017

    Nancy Reither

    Coldwell Banker Residential Brokerage

    Section Image
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About Lorelei I&II

Map

Source: Bright MLS

MLS Number: 1001010305

Bright MLS

APN: 10-425395

Maryland Worcester County Ocean City 21842

104 125th St Unit 302, Ocean City, MD

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