NOT LISTED FOR SALE

Oceanwalk 11805 Wight St Unit 308 Ocean City, MD 21842

Estimated Value: $373,000 - $423,000

1 Bed
1.5 Baths
612 Sq Ft
$161/mo HOA Fee

Last Sold August 07, 2019

Last sale price $258,000 $422 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,658/month

23 Days on Market

Highlights

  • Ocean Front
  • Water Access
  • 1 Elevator
  • Ocean City Elementary School Rated A
  • Open Floorplan
  • 4-minute walk to Jamestown Park

About This Home

As of August 2019

Direct oceanfront beauty! This 1BR, 1.5 BA condo has views for days. Sit outside your private balcony and listen to the waves crash while you're enjoying your morning coffee or evening cocktail. Solid masonry building with elevator, gated parking and strong association. Meticulously maintained and turn key for you to enjoy immediately as this condo is not in a rental program.

Last Agent to Sell the Property

Melanie Shoff

Coastal Life Realty Group LLC Listed on: 06/08/2019

Last Buyer's Agent

Barton Sink

At The Beach Real Estate License #6442

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,078

Year Built

  • Built in 1982

HOA Fees

  • $161 Monthly HOA Fees

Home Design

  • Masonry

Interior Spaces

  • 612 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Partially Furnished
  • Family Room Off Kitchen
  • Dining Area
  • Ocean Views

Kitchen

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near an ocean

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Water Heater

Additional Features

  • Ocean Front
  • Flood Risk

Listing and Financial Details

  • Tax Lot 5516A
  • Assessor Parcel Number 10-216575

Community Details

Overview

  • Association fees include all ground fee, exterior building maintenance, insurance, lawn maintenance, management, reserve funds, security gate, trash, water
  • Low-Rise Condominium
  • Oceanwalk Community
  • Property Manager

Amenities

  • Common Area
  • 1 Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,078

Year Built

Built in 1982

Lot Details

0

HOA Fees

$161 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: sold partially furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Remarks Public: Direct oceanfront beauty! This 1BR, 1.5 BA condo has views for days. Sit outside your private balcony and listen to the waves crash while you're enjoying your morning coffee or evening cocktail. Solid masonry building with elevator, gated parking and strong association. Meticulously maintained and turn key for you to enjoy immediately as this condo is not in a rental program.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Dining Area, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s)
  • Fireplace: No
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 612
  • Living Area Sq Ft: 612
  • Price Per Sq Ft: 426.47
  • Above Grade Finished Sq Ft: 612
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11805

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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, Below Grade
  • Construction Materials: Masonry
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 482.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Reserve Funds, Security Gate, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2019
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5415172
  • Tax Annual Amount: 3078.00
  • Assessor Parcel Number: 10-216575
  • Tax Lot: 5516A
  • Tax Total Finished Sq Ft: 612
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/07/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2019
Closed on
Aug 6, 2019
Sold by
Salvatori Leslie Ann
Bought by
Sesler Nancy Lee
Seller's Agent
Melanie Shoff
Coastal Life Realty Group LLC
Buyer's Agent
Barton Sink
At The Beach Real Estate
List Price
$266,000
Sold Price
$258,000
Premium/Discount to List
-$8,000
-3.01%
Total Days on Market
23
Current Estimated Value
$393,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,464
Avg. Annual Appreciation
7.51%
Original Mortgage
$232,200
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2017
Sold by
Forchheimer Richard and Forchheimer Linda
Bought by
Salvatori Leslie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2008
Sold by
Broderick Trust The
Bought by
Richard Forchheimer and Forchheimer Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2008
Sold by
Broderick Trust The
Bought by
Richard Forchheimer and Forchheimer Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2007
Sold by
Broderick Noveleene M
Bought by
Broderick Trust The and Broderick Tusto Noveleene M

Purchase Details

Closed on
Jan 12, 2007
Sold by
Broderick Noveleene M
Bought by
Broderick Trust The and Broderick Tusto Noveleene M

Purchase Details

Closed on
Oct 11, 2000
Sold by
King Robert F
Bought by
Broderick Noveleene M
Source: Public Records

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Range of Values:

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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
Sesler Nancy Lee $258,000 Ocean Investments Title Corp
Sesler Nancy Lee $258,000 Ocean Investments Title Corp
Salvatori Leslie Ann $240,000 Oceann Investment Title Corp
Richard Forchheimer $307,500 --
Richard Forchheimer $307,500 --
Broderick Trust The -- --
Broderick Trust The -- --
Broderick Noveleene M $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sesler Nancy Lee $229,500
Closed Sesler Nancy Lee $232,200
Previous Owner Salvatori Leslie Ann $228,000
Previous Owner Richard Forchheimer $246,000
Previous Owner Richard Forchheimer $246,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2019 08/07/19 Sold $258,000 -1.1% $422 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/21/2019 06/21/19 Price Changed $261,000 -1.9% $426 / Sq Ft
06/08/2019 06/08/19 For Sale $266,000 -- $435 / 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
2024 $3,461 $248,033 $0 $0
2023 $3,225 $229,500 $160,600 $68,900
2022 $3,225 $229,500 $160,600 $68,900
2021 $3,243 $229,500 $160,600 $68,900
2020 $3,243 $229,500 $160,600 $68,900
2019 $3,090 $217,867 $0 $0
2018 $2,905 $206,233 $0 $0
2017 $2,763 $194,600 $0 $0
2016 -- $194,600 $0 $0
2015 $3,187 $194,600 $0 $0
2014 $3,187 $211,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO106928

Bright MLS

APN: 10-216575