Seller's Agent in 2023
Elizabeth Kapp
Long & Foster
(302) 569-0012
62 in this area
167 Total Sales
Lorelei I&II 104 125th St Unit 408 Ocean City, MD 21842
Estimated Value: $443,000 - $486,000
2
Beds
2
Baths
1,110
Sq Ft
$533/mo
HOA Fee
Highlights
- Bay View
- Open Floorplan
- Furnished
- Ocean City Elementary School Rated A
- Coastal Architecture
- 3-minute walk to Northside Park
About This Home
As of October 2023Enjoy AMAZING Sunset and BAY Views from your new top floor unit in North Ocean City! This Fully FURNISHED and turn-key condo has 2 Bedrooms and 2 Baths and is over 1100 Sq. Ft. This gorgeous condo has been completely updated with new LVP flooring throughout, new paint, new Granite counter-tops, tile back splash, updated furnishings and all new appliances including full size washer and dryer! BRAND new HVAC (inside and outside unit) installed in 2023!! Corner Fireplace! Separate storage closet located right off the elevator too!! Overlooking the Pool, Northside Park and all it has to offer!! Walking distance to multiple Restaurants, Starbucks and more!! Building is well managed and well maintained and offers plenty of parking (covered & uncovered). Call today for your private tour!!
Last Agent to Sell the Property
(302) 569-0012 liz.kapp@lnf.com Long & Foster Real Estate, Inc. License #238682 Listed on: 09/12/2023
Last Buyer's Agent
(410) 430-5283 ocdavew@gmail.com Coastal Life Realty Group LLC License #520693
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,301
Year Built
- Built in 2004
HOA Fees
- $533 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Coastal Architecture
- Entry on the 4th floor
Interior Spaces
- 1,110 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Ceiling Fan
- Fireplace With Glass Doors
- Gas Fireplace
- Combination Kitchen and Living
- Dining Area
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Electric Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Flood Risk
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 408
- Assessor Parcel Number 2410425557
Community Details
Overview
- Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, insurance, management, pool(s), reserve funds, trash, gas
- Low-Rise Condominium
- Lorelei II Community
- Property Manager
Recreation
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2023
Closed on
Oct 30, 2023
Sold by
Forman John
Bought by
Merlis Daniel T and Merlis Deany L
Seller's Agent
Elizabeth Kapp
Long & Foster Real Estate, Inc.
Buyer's Agent
Dave Whittington
Coastal Life Realty Group LLC
List Price
$435,000
Sold Price
$440,000
Premium/Discount to List
$5,000
1.15%
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,984
Avg. Annual Appreciation
2.34%
Purchase Details
Listed on
Dec 15, 2017
Closed on
Sep 28, 2018
Sold by
Katz Jack L and Katz Melissa A
Bought by
Forman John
Seller's Agent
Jennifer Hughes
Keller Williams Realty
Buyer's Agent
Elizabeth Kapp
Long & Foster Real Estate, Inc.
List Price
$284,900
Sold Price
$258,500
Premium/Discount to List
-$26,400
-9.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Original Mortgage
$178,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 13, 2009
Sold by
Foley Thomas Paul
Bought by
Katz Jack L and Katz Melissa A
Purchase Details
Closed on
Jun 28, 2004
Sold by
Foley Thomas P
Bought by
Paul Foley Thomas and Life Elizabeth
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merlis Daniel T | $440,000 | Maryland Title | |
| Forman John | $258,500 | Sage Title Group Llc | |
| Katz Jack L | $315,000 | -- | |
| Paul Foley Thomas | -- | -- | |
| Foley Thomas P | $359,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Forman John | $178,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/30/2023 10/30/23 | Sold | $440,000 | +1.1% | $396 / Sq Ft | |
| 09/24/2023 09/24/23 | Pending | -- | -- | -- | |
| 09/16/2023 09/16/23 | Price Changed | $435,000 | 0.0% | $392 / Sq Ft | |
| 09/16/2023 09/16/23 | For Sale | $435,000 | +68.3% | $392 / Sq Ft | |
| 09/12/2023 09/12/23 | Pending | -- | -- | -- | |
| 09/28/2018 09/28/18 | Sold | $258,500 | -6.0% | $233 / Sq Ft | View Prior Sale |
| 08/12/2018 08/12/18 | Pending | -- | -- | -- | |
| 05/16/2018 05/16/18 | Price Changed | $274,900 | -3.5% | $248 / Sq Ft | |
| 12/20/2017 12/20/17 | For Sale | $284,900 | -- | $257 / 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 | $4,502 | $329,667 | $0 | $0 |
| 2024 | $3,934 | $281,933 | $0 | $0 |
| 2023 | $3,291 | $234,200 | $117,100 | $117,100 |
| 2022 | $3,291 | $234,200 | $117,100 | $117,100 |
| 2021 | $3,309 | $234,200 | $117,100 | $117,100 |
| 2020 | $3,309 | $234,200 | $117,100 | $117,100 |
| 2019 | $3,332 | $234,200 | $117,100 | $117,100 |
| 2018 | $3,299 | $234,200 | $117,100 | $117,100 |
| 2017 | $3,372 | $237,500 | $0 | $0 |
| 2016 | -- | $237,500 | $0 | $0 |
| 2015 | $3,796 | $237,500 | $0 | $0 |
| 2014 | $3,796 | $237,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Kapp
-
Dave Whittington
Buyer's Agent in 2023
Dave Whittington
Coastal Life Realty Group LLC
(410) 430-5283
144 in this area
175 Total Sales
-
Jennifer Hughes
Seller's Agent in 2018
Jennifer Hughes
Keller Williams Realty
(302) 858-6483
14 in this area
92 Total Sales
About Lorelei I&II
Map
Source: Bright MLS
MLS Number: MDWO2016234
APN: 10-425557
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