NOT LISTED FOR SALE

12 120th St Ocean City, MD 21842

Estimated Value: $674,000 - $890,000

Studio
1 Bath
1,536 Sq Ft
$482/Sq Ft Est. Value

Sale Details

Date Sold: November 20, 2019

Last sale price $401,000 $261 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,513 / mo

7 Days on Market

Highlights

  • 2 Fireplaces
  • No HOA
  • Heating Available
  • Ocean City Elementary School Rated A

About This Home

As of November 2019

WOW! Attention ALL INVESTORS! This is it! The one you have been waiting for! Great Location Ocean Block, with Ocean Views from the Upper Deck! This Multi-Family Property has large spacious upper and lower level deck, great space for entertaining and relaxing. Enjoy the upper and lower deck, where you can spend endless days mesmerized by the ocean views while relaxing, and enjoying the salty sweet breeze. Private Parking. Washer & Dryer. Upper and lower levels have a fire place, to enjoy those brisk nights. Ceilings are complimented with Beams, that enhance the beach atmosphere. Ceiling Fans. Nice and bright natural light enhances the living space. Upper level has 3 bedrooms, and the lower level has two bedrooms. This property is being sold "AS IS" Needs some TLC, but great potential for a Rental or just keep it for yourself! Don't wait, catch this one!

Last Agent to Sell the Property

Karen Oass

(410) 524-1700 karen.oass@longandfoster.com Long & Foster Real Estate, Inc. License #504976 Listed on: 10/29/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jason Donovan

(410) 956-3500 jason@donovan.team RE/MAX Leading Edge

RE/MAX Leading Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,802

Year Built

  • Built in 1981

Interior Spaces

  • 1,536 Sq Ft Home
  • 2 Fireplaces

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Amour De La Mer Community

Listing and Financial Details

  • Tax Lot 5680A
  • Assessor Parcel Number 10-214653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,802

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1981
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces Count: 2
  • Total Sq Ft: 1536
  • Living Area Sq Ft: 1536
  • Price Per Sq Ft: 227.86
  • Above Grade Finished Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5415003
  • Tax Annual Amount: 1802.00
  • Assessor Parcel Number: 10-214653
  • Tax Lot: 5680A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Bauer Kristin
Bought by
12 120Th Street Llc
Current Estimated Value
$739,980

Purchase Details

Listed on
Oct 29, 2019
Closed on
Dec 19, 2019
Sold by
Amour De La Mer Condo Counsel Of Unit Ow
Bought by
Bauer Kristin
Seller's Agent
Karen Oass
Long & Foster Real Estate, Inc.
Buyer's Agent
Jason Donovan
RE/MAX Leading Edge
List Price
$350,000
Sold Price
$401,000
Premium/Discount to List
$51,000
14.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$413,030
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 29, 2019
Closed on
Nov 20, 2019
Sold by
Grusholt Scott B
Bought by
Bauer Kristin
Seller's Agent
Karen Oass
Long & Foster Real Estate, Inc.
Buyer's Agent
Jason Donovan
RE/MAX Leading Edge
List Price
$350,000
Sold Price
$401,000
Premium/Discount to List
$51,000
14.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,030
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2000
Sold by
Shorall Thomas J
Bought by
Grusholt Charles E

Purchase Details

Closed on
Jun 13, 1996
Sold by
Tyng Richard S and Tyng Susan S
Bought by
Shorall Thomas J

Purchase Details

Closed on
Dec 20, 1995
Sold by
Helfrich David B and Helfrich Sharon M
Bought by
Hamburg Donald J and Hamburg Janice M

Purchase Details

Closed on
Sep 8, 1995
Sold by
Neumann Albert J and Neumann Lois
Bought by
Neumann Lois L

Purchase Details

Closed on
Apr 11, 1989
Sold by
Abell Michael and Abell Nancy A
Bought by
Tyng Richard S and Tyng Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,600
Interest Rate
11.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
12 120Th Street Llc -- None Listed On Document
Bauer Kristin -- None Available
Bauer Kristin $401,000 Titlemax Inc
Grusholt Charles E $205,000 --
Shorall Thomas J $80,800 --
Hamburg Donald J $87,000 --
Neumann Lois L -- --
Neumann Albert J $40,000 --
Tyng Richard S $79,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bauer Kristin $413,030
Previous Owner Tyng Richard S $63,600
Closed Hamburg Donald J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2019 11/20/19 Sold $401,000 +14.6% $261 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $350,000 -- $228 / Sq Ft
Source: Bright MLS

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 $7,076 $518,167 $0 $0
2024 $6,714 $481,133 $0 $0
2023 $6,241 $444,100 $346,500 $97,600
2022 $6,193 $440,633 $0 $0
2021 $6,178 $437,167 $0 $0
2020 $3,468 $433,700 $346,500 $87,200
2019 $3,468 $253,400 $126,700 $126,700
2018 $3,578 $253,400 $126,700 $126,700
2017 $3,358 $253,400 $0 $0
2016 -- $253,400 $0 $0
2015 -- $253,400 $0 $0
2014 $2,607 $253,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO110146

Bright MLS

APN: 10-214653

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