NOT LISTED FOR SALE

Oceanwalk 11805 Wight St Unit 309E Ocean City, MD 21842

Estimated Value: $355,000 - $399,000

1 Bed
1 Bath
612 Sq Ft
$161/mo HOA Fee

Last Sold August 24, 2017

Last sale price $217,000 $355 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,554/month

60 Days on Market

Highlights

  • Ocean View
  • Home fronts navigable water
  • Balcony
  • Ocean City Elementary School Rated A
  • Water Access
  • 4-minute walk to Jamestown Park

About This Home

As of August 2017

Direct Ocean Front 1 Bedroom, 1.5 bathroom condo located in North Ocean City is Move-In Ready and Storm ready with electric hurricane shutters already in place. Freshly painted, new Whirlpool Stainless Steel electric range, dishwasher, microwave hood & disposer. Parking is easy with 1 assigned spot as well as plenty of street parking in the area. Oceanwalk is located close to great restaurants, entertainment & shopping. ''First Time Buyers, complete the HomePath Ready Buyer homeownership course on homepath.com. Attach your certificate & ask for up to 3% closing assistance. Restrictions apply.'' This is a Fannie Mae HomePath Property.

Last Agent to Sell the Property

Arlene O. Linn

Arlene Linn Real Estate Listed on: 05/26/2017

Last Buyer's Agent

Carol Proctor

Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,461

Year Built

  • Built in 1982

Lot Details

  • Home fronts navigable water
  • East Facing Home
  • Cleared Lot

HOA Fees

  • $161 Monthly HOA Fees

Home Design

  • Block Foundation
  • Built-Up Roof
  • Stick Built Home
  • Masonry

Interior Spaces

  • 612 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Ocean Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Municipal Trash

Community Details

  • 77 Units
  • 1 Elevator
  • Mid-Rise Condominium
  • Oceanwalk Community

Listing and Financial Details

  • Tax Lot 309
  • Assessor Parcel Number 216583

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,461

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: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Remarks Public: Direct Ocean Front 1 Bedroom, 1.5 bathroom condo located in North Ocean City is Move-In Ready and Storm ready with electric hurricane shutters already in place. Freshly painted, new Whirlpool Stainless Steel electric range, dishwasher, microwave hood & disposer. Parking is easy with 1 assigned spot as well as plenty of street parking in the area. Oceanwalk is located close to great restaurants, entertainment & shopping. ''First Time Buyers, complete the HomePath Ready Buyer homeownership course on homepath.com. Attach your certificate & ask for up to 3% closing assistance. Restrictions apply.'' This is a Fannie Mae HomePath Property.
  • Special Features: 20
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Washer/Dryer Hookups Only
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Screens
  • Elevators Count: 1
  • Foundation Details: Block
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom
  • Living Area Units: Square Feet
  • Total Sq Ft: 612
  • Living Area Sq Ft: 612
  • Price Per Sq Ft: 351.14
  • Above Grade Finished Sq Ft: 612
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11805

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Concrete, Stick Built
  • Construction Completed: No
  • Roof: Built-Up
  • View: Ocean, Water
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Water Frontage Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Off Street, Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 410.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1929.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Outdoor Living Structures: Balcony
  • Zoning Description: R3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5415173
  • Assessor Parcel Number: 216583
  • Tax Lot: 309
  • County Tax Payment Frequency: Annually
  • Close Date: 08/24/2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Aug 24, 2017
Sold by
Fannie Mae
Bought by
Hoover James Lloyd and Hoover Diane M
Seller's Agent
Arlene O. Linn
Arlene Linn Real Estate
Buyer's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
List Price
$229,900
Sold Price
$217,000
Premium/Discount to List
-$12,900
-5.61%
Total Days on Market
60
Current Estimated Value
$374,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,953
Avg. Annual Appreciation
7.75%
Original Mortgage
$195,300
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2017
Sold by
Moscoso Rebecca
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 13, 2012
Sold by
Moscoso Rebecca W
Bought by
Moscoso Rebecca W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2011
Sold by
Moscoso Rebecca W
Bought by
Rebecca W Moscoso Revocable Trust and Moscoso Rebecca W

Purchase Details

Closed on
Jun 7, 2011
Sold by
Moscoso Rebecca W and Kilroy Margaret M
Bought by
Moscoso Rebecca W

Purchase Details

Closed on
Dec 27, 2006
Sold by
Moscoso Rebecca W
Bought by
Moscoso Rebecca W and Kilroy Margaret M

Purchase Details

Closed on
Oct 10, 2006
Sold by
George Percheski
Bought by
Moscoso Rebecca W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,920
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2006
Sold by
Moscoso Rebecca W
Bought by
Moscoso Rebecca W and Kilroy Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,920
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Hoover James Lloyd $217,000 Gemini Title & Escrow Llc
Federal National Mortgage Association $252,307 None Available
Moscoso Rebecca W -- None Available
Moscoso Rebecca W -- None Available
Rebecca W Moscoso Revocable Trust -- --
Moscoso Rebecca W -- None Available
Rebecca W Moscoso Revocable Trust -- --
Moscoso Rebecca W -- --
Moscoso Rebecca W $359,900 --
Moscoso Rebecca W -- --
Moscoso Rebecca W $359,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoover James L $184,500
Closed Hoover James Lloyd $195,300
Previous Owner Moscoso Rebecca W $271,500
Previous Owner Moscoso Rebecca W $287,920
Previous Owner Moscoso Rebecca W $287,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $217,000 -5.6% $355 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $229,900 -- $376 / 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 $3,235 $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 $3,090 $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: 1000516050

Bright MLS

APN: 10-216583