NOT LISTED FOR SALE

119 Old Landing Rd Unit 303A Ocean City, MD 21842

Estimated Value: $376,000 - $444,000

2 Beds
2 Baths
974 Sq Ft
$336/mo HOA Fee

Last Sold February 15, 2022

Last sale price $379,000 $389 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,850/month

Highlights

  • 100 Feet of Waterfront
  • Water Oriented
  • Bay View
  • Ocean City Elementary School Rated A
  • No Units Above
  • Open Floorplan

About This Home

As of February 2022

Top Floor Direct Bayfront Unit with perfect Sunset Views from the Screened Porch* Numerous updates throughout with a modern Open Floorplan & Gas Fireplace* Property has a summertime rental history, but mainly used by Owners only in the off season* Top Floor of Building A also allows for fantastic Sunrise Views from the Front Porch* Additional Comments and Pictures to follow* Home will be on the market on or about 2/4/22

Last Agent to Sell the Property

Steve Allnutt

(410) 336-7787 steveallnutt@remax.net RE/MAX Advantage Realty Listed on: 01/27/2022

RE/MAX Advantage Realty

Co-Listed By

Rick Cantore

(443) 878-3507 rickycantore.rma@gmail.com RE/MAX Advantage Realty License #676693

Last Buyer's Agent

Steve Allnutt

(410) 336-7787 steveallnutt@remax.net RE/MAX Advantage Realty Listed on: 01/27/2022

RE/MAX Advantage Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1983

Lot Details

  • 100 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • No Units Above
  • East Facing Home
  • Extensive Hardscape
  • Cleared Lot
  • Property is in excellent condition

HOA Fees

  • $336 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Frame Construction
  • Built-Up Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 974 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Family Room
  • Dining Room
  • Screened Porch
  • Bay Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Range
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Home Security

Parking

  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Balcony
  • Screened Patio
  • Exterior Lighting
  • Playground
  • Play Equipment

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 303A
  • Assessor Parcel Number 2410231655

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Our Place At The Beach Community
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,866

Year Built

Built in 1983

Lot Details

0

HOA Fees

$336 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: Personal Iitems
  • Historic: No
  • Home Warranty: No
  • Inclusions: All Contents except Personal Items
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-02-04
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • 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, Built-In Microwave, Built-In Range, Icemaker, Stove, Water Heater
  • Entry Floor: 3
  • Flooring Type: Engineered Wood, Carpet
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Kitchen - Table Space, Primary Bath(s), Upgraded Countertops, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: No One Above
  • Door Features: Storm, Sliding Glass, Insulated
  • Foundation Details: Pilings
  • Levels Count: 1
  • Room List: Dining Room, Bedroom 2, Kitchen, Family Room, Bedroom 1, Screened Porch
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 974
  • Living Area Sq Ft: 974
  • Price Per Sq Ft: 385.01
  • Above Grade Finished Sq Ft: 974
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Wood Siding, Stick Built
  • Exterior Features: Sidewalks, Play Area, Play Equipment, Exterior Lighting, Extensive Hardscape
  • Roof: Built-Up
  • View: Bay, Water
  • Water Access: No
  • Water Body Name: Assawoman Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 336.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Cleared
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Porch(es), Screened
  • Property Condition: Excellent
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 26000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5416521
  • Tax Annual Amount: 2866.00
  • Assessor Parcel Number: 2410231655
  • Tax Lot: 303A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Feb 15, 2022
Sold by
Austin Simmons
Bought by
Kannee Brian and Keys Lauren Kannee
Seller's Agent
Steve Allnutt
RE/MAX Advantage Realty
Buyer's Agent
Steve Allnutt
RE/MAX Advantage Realty
Sold Price
$379,000
Current Estimated Value
$410,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,396
Avg. Annual Appreciation
2.19%
Original Mortgage
$284,250
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2019
Closed on
May 23, 2019
Sold by
Eitler John F and Eitler Leigh Ann
Bought by
Simmons Austin and Simmons Megan
Seller's Agent
Dayna Feher
Keller Williams Realty
Buyer's Agent
Rick Cantore
RE/MAX Advantage Realty
List Price
$274,900
Sold Price
$260,000
Premium/Discount to List
-$14,900
-5.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.74%
Original Mortgage
$234,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2014
Sold by
Thiemeyer John R and Thiemeyer Linda A
Bought by
Eitler John F and Eitler Leign Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1983
Sold by
Atlantic Pines Inc
Bought by
Thiemeyer John R and Thiemeyer Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
13.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kannee Brian $379,000 New Title Company Name
Simmons Austin $260,000 R & P Settlement Group Llc
Eitler John F $181,000 Maryland Title Service
Thiemeyer John R $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kannee Brian $284,250
Previous Owner Simmons Austin $234,000
Previous Owner Eitler John F $144,800
Previous Owner Thiemeyer John R $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2022 02/15/22 Sold $379,000 +45.8% $389 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
05/23/2019 05/23/19 Sold $260,000 -5.4% $267 / Sq Ft View Prior Sale
04/22/2019 04/22/19 Pending -- -- --
03/30/2019 03/30/19 For Sale $274,900 -- $282 / 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 $4,255 $311,600 $0 $0
2024 $3,668 $262,900 $0 $0
2023 $3,010 $214,200 $107,100 $107,100
2022 $2,851 $202,833 $0 $0
2021 $2,706 $191,467 $0 $0
2020 $2,555 $180,100 $90,000 $90,100
2019 $2,562 $180,100 $90,000 $90,100
2018 $2,537 $180,100 $90,000 $90,100
2017 $2,599 $183,100 $0 $0
2016 -- $183,100 $0 $0
2015 $2,595 $183,100 $0 $0
2014 $2,595 $185,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Allnutt

    Seller's Agent in 2022

    Steve Allnutt

    RE/MAX

    (410) 336-7787

    21 in this area

    268 Total Sales

    Steve Allnutt
    Section Image
  • Rick Cantore

    Seller Co-Listing Agent in 2022

    Rick Cantore

    RE/MAX

    (443) 878-3507

    4 in this area

    340 Total Sales

    Rick Cantore
    Section Image
  • Dayna Feher

    Seller's Agent in 2019

    Dayna Feher

    Keller Williams Realty

    (443) 783-0727

    1 in this area

    60 Total Sales

    Dayna Feher
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2004946

Bright MLS

APN: 10-231655

Maryland Worcester County Ocean City 21842

119 Old Landing Rd Unit 303A, Ocean City, MD

Not Listed for Sale

Condos

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