NOT LISTED FOR SALE

Oceanwalk 11805 Wight St Unit 404E Ocean City, MD 21842

Estimated Value: $371,000 - $449,000

1 Bed
2 Baths
612 Sq Ft
1982 Built

Last Sold November 07, 2014

Last sale price $225,000 $368 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,520/month

151 Days on Market

About This Home

As of November 2014

The absolute perfect beach getaway, 1Br 1.5 Ba unit overlooking the Atlantic Ocean. Watch the sunrise, dolphins, migrating sea lions and whales right from your private balcony. Well maintained building with low condo fees and great potential rental income away from all the high rises. Easy access to beach and outside shower to rinse off. Deeded parking spot with gated lot.

Last Agent to Sell the Property

Kevin Heselbach

Hileman Real Estate Listed on: 05/07/2014

Last Buyer's Agent

DO NOT USE 1 DO NOT USE

Metropolitan Regional Information Systems, Inc.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2014
Closed on
Nov 7, 2014
Sold by
Geller Robyn
Bought by
Moore Mary T and Moore Robert L
Seller's Agent
Kevin Heselbach
Hileman Real Estate
Buyer's Agent
DO NOT USE 1 DO NOT USE
Metropolitan Regional Information Systems, Inc.
List Price
$259,900
Sold Price
$225,000
Premium/Discount to List
-$34,900
-13.43%
Total Days on Market
151
Current Estimated Value
$397,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,588
Avg. Annual Appreciation
5.67%
Original Mortgage
$180,000
Outstanding Balance
$140,504
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$262,901

Purchase Details

Closed on
Jun 4, 2007
Sold by
Houk Wade B
Bought by
Robyn Geller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2007
Sold by
Houk Wade B
Bought by
Robyn Geller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2000
Sold by
Butera Tony C and Butera Stella A
Bought by
Houk Wade B and Houk Doris B

Purchase Details

Closed on
Oct 15, 1982
Sold by
Ocean Walk Inc
Bought by
Butera Tony C and Butera Stella A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,100
Interest Rate
14.6%
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
Moore Mary T $225,000 First American Title Ins Co
Robyn Geller $330,000 --
Robyn Geller $330,000 --
Houk Wade B $109,000 --
Butera Tony C $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Mary T $180,000
Previous Owner Geller Robyn $162,700
Previous Owner Robyn Geller $264,000
Previous Owner Robyn Geller $264,000
Previous Owner Butera Tony C $62,100
Closed Houk Wade B --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2014 11/07/14 Sold $225,000 -9.6% $368 / Sq Ft
10/05/2014 10/05/14 Pending -- -- --
08/12/2014 08/12/14 Price Changed $249,000 -4.2% $407 / Sq Ft
05/07/2014 05/07/14 For Sale $259,900 -- $425 / 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: WO8340935

Bright MLS

APN: 10-216672