Seller's Agent in 2023
Michelle Hood
Keller Williams Flagship
(240) 882-7726
3 in this area
106 Total Sales
119 Old Landing Rd Unit 305A Ocean City, MD 21842
Estimated Value: $380,000 - $554,000
2
Beds
2
Baths
974
Sq Ft
$355/mo
HOA Fee
Highlights
- 100 Feet of Waterfront
- Water Oriented
- Coastal Architecture
- Ocean City Elementary School Rated A
- Bay View
- Furnished
About This Home
As of December 2023Bayfront & Renovated! All you need to bring is your toothbrush, bathing suit, and towel, and you're all set to enjoy the beach. Welcome to Our Place at the beach, 2 Bedroom 2 Bath, third floor unit with stunning bay views and sunsets. This beautifully renovated condo features luxury vinyl plank flooring throughout, giving it a modern and beachy look. The kitchen has been completely updated with new quartz countertops, blue cabinets on the bottom, and white cabinets on the top, along with stainless steel appliances. You'll find everything you need to cook and entertain, as all dishes are included. Both bathrooms have been updated with new vanities, toilets, fixtures, and tile bath/tub. You’ll love the modern look and feel of the bathroom, which perfectly complements the rest of the condo’s beachy decor. This condo comes fully furnished with all new furnishings, making it move-in ready. It has never been rented before, so you'll be the first to enjoy its pristine condition. However, if you're interested in renting it out, it has the potential to generate rental income of up to $45,000. The condo is located in a great spot, right at the stoplight to cross Coastal Highway, just 2 blocks from the beach. The building is in excellent repair, and the condo complex offers one of the largest outdoor pools in OC, perfect for soaking up the sun and relaxing. The association is professionally managed, with an on-site manager and maintenance staff to ensure everything runs smoothly. This unit also comes with your own owners' storage closet, perfect for storing beach gear and other items. Don’t miss your opportunity to own the perfect vacation home!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,859
Year Built
- Built in 1983
Lot Details
- 100 Feet of Waterfront
- Property is in excellent condition
HOA Fees
- $355 Monthly HOA Fees
Home Design
- Coastal Architecture
- Entry on the 3rd floor
- Stick Built Home
Interior Spaces
- 974 Sq Ft Home
- Property has 3 Levels
- Furnished
- Bay Views
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- Paved Parking
- Parking Lot
Outdoor Features
- Water Oriented
- Property near a bay
Location
- Flood Risk
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 305A
- Assessor Parcel Number 2410231671
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s)
- $150 Other One-Time Fees
- Low-Rise Condominium
- Legum And Norman Condos
- Our Place At The Beach Community
Amenities
- Common Area
Recreation
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2023
Closed on
Dec 13, 2023
Sold by
Hood Daniel G and Knightstep Wesley J
Bought by
Walton Kristel
Seller's Agent
Michelle Hood
Keller Williams Flagship
Buyer's Agent
Tom Ruch
Northrop Realty
List Price
$450,000
Sold Price
$405,000
Premium/Discount to List
-$45,000
-10%
Views
700
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,600
Avg. Annual Appreciation
5.23%
Original Mortgage
$344,250
Outstanding Balance
$338,825
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$103,775
Purchase Details
Listed on
Apr 12, 2023
Closed on
May 5, 2023
Sold by
Hoffman David Brian
Bought by
Hood Daniel G and Knightstep Wesley J
Seller's Agent
Joan Eisenhardt
RE/MAX Executive
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$275,000
Sold Price
$300,000
Premium/Discount to List
$25,000
9.09%
Views
700
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.26%
Original Mortgage
$350,000
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 2, 1983
Sold by
Atlantic Pines Inc
Bought by
Fulton George Marcus and Fulton Vivian C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
13.77%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Walton Kristel | $405,000 | Community Title Network | |
| Walton Kristel | $405,000 | Community Title Network | |
| Hood Daniel G | $300,000 | Lakeside Title | |
| Fulton George Marcus | $82,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Walton Kristel | $344,250 | |
| Closed | Walton Kristel | $344,250 | |
| Previous Owner | Hood Daniel G | $350,000 | |
| Previous Owner | Fulton George Marcus | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/19/2023 12/19/23 | Sold | $405,000 | 0.0% | $416 / Sq Ft |
| 11/10/2023 11/10/23 | Price Changed | $405,000 | +1.3% | $416 / Sq Ft |
| 11/09/2023 11/09/23 | Pending | -- | -- | -- |
| 10/02/2023 10/02/23 | Price Changed | $399,999 | -2.4% | $411 / Sq Ft |
| 08/03/2023 08/03/23 | Price Changed | $410,000 | -3.5% | $421 / Sq Ft |
| 07/18/2023 07/18/23 | Price Changed | $425,000 | -5.6% | $436 / Sq Ft |
| 06/17/2023 06/17/23 | For Sale | $450,000 | -- | $462 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,668 | $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
-
Michelle Hood
-
Tom Ruch
Buyer's Agent in 2023
Tom Ruch
Creig Northrop Team of Long & Foster
(443) 235-1347
34 in this area
153 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2014560
APN: 10-231671
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