NOT LISTED FOR SALE

114 78th St Unit D Ocean City, MD 21842

Estimated Value: $280,000 - $349,000

2 Beds
1.5 Baths
728 Sq Ft
$150/mo HOA Fee

Last Sold December 10, 2021

Last sale price $245,000 $337 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,052/month

3 Days on Market

Highlights

  • Bay View
  • Bayside
  • Main Floor Bedroom
  • Ocean City Elementary School Rated A
  • Deck
  • Furnished

About This Home

As of December 2021

Well Maintained 2 bedroom 2 bath just 1 1/2 blocks to low density beach area. Beautiful Bay views with spectacular sunsets. Over sized deck/beach box/2 assigned parking spots/3 AC units/Furnished with some exclusions/2nd home others rent/ tons of natural light. Exceptional Condo in great location truly a must see! Close to restaurants and shopping. Unit has not been rented, used as 2nd home only!

Last Agent to Sell the Property

Mary Jo Cole

Keller Williams Realty License #642245 Listed on: 10/29/2021

Keller Williams Realty

Last Buyer's Agent

Mary Jo Cole

Keller Williams Realty License #642245 Listed on: 10/29/2021

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,964

Year Built

  • Built in 1983

Lot Details

  • Cleared Lot
  • Historic Home

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 728 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Bay Views
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Parking

  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Balcony
  • Deck
  • Storage Shed

Location

  • Flood Risk
  • Bayside

Schools

  • Stephen Decatur High School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot D
  • Assessor Parcel Number 232791

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance
  • Low-Rise Condominium
  • Tobins Quarters Ii Community

Recreation

  • Tennis Courts

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,964

Year Built

Built in 1983

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Historic: Yes
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-10-29
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: Well Maintained 2 bedroom 2 bath just 1 1/2 blocks to low density beach area. Beautiful Bay views with spectacular sunsets. Over sized deck/beach box/2 assigned parking spots/3 AC units/Furnished with some exclusions/2nd home others rent/ tons of natural light. Exceptional Condo in great location truly a must see! Close to restaurants and shopping. Unit has not been rented, used as 2nd home only!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Entry Floor: 2
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Skylight(s), Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 728
  • Living Area Sq Ft: 728
  • Price Per Sq Ft: 336.54
  • Above Grade Finished Sq Ft: 728
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 114

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Roof: Asphalt
  • View: Bay, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 150.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1964.00
  • Assessor Parcel Number: 232791
  • Tax Lot: D
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/10/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 10, 2021
Sold by
Parton William D and Parton Jacqueline L
Bought by
Zhou Cheng
Seller's Agent
Mary Jo Cole
Keller Williams Realty
Buyer's Agent
Mary Jo Cole
Keller Williams Realty
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$312,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,155
Avg. Annual Appreciation
6.64%
Original Mortgage
$183,750
Outstanding Balance
$169,759
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$141,387

Purchase Details

Closed on
Feb 12, 1998
Sold by
Lewandowski John M and Lewandowski Cynthia E
Bought by
Parton William D and Parton Jacqueline L

Purchase Details

Closed on
Aug 31, 1983
Sold by
James L Ruhl Inc
Bought by
Lewandowski John M and Lewandowski Cynthia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
13.78%
Source: Public Records

Range of Values:

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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
Zhou Cheng $245,000 Maryland Title Services
Parton William D $70,000 --
Lewandowski John M $51,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Cheng $183,750
Previous Owner Lewandowski John M $41,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $245,000 0.0% $337 / Sq Ft
10/29/2021 10/29/21 For Sale $245,000 -- $337 / 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 $2,410 $206,467 $0 $0
2024 $2,410 $172,733 $0 $0
2023 $1,953 $139,000 $69,500 $69,500
2022 $1,953 $139,000 $69,500 $69,500
2021 $1,964 $139,000 $69,500 $69,500
2020 $1,972 $139,000 $69,500 $69,500
2019 $1,977 $139,000 $69,500 $69,500
2018 $1,958 $139,000 $69,500 $69,500
2017 $1,918 $139,000 $0 $0
2016 -- $135,133 $0 $0
2015 $1,939 $131,267 $0 $0
2014 $1,939 $127,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2003260

Bright MLS

APN: 10-232791