$415,000
SOLD APR 17, 2025

12 42nd St Unit 303 Ocean City, MD 21842

2 Beds
2 Baths
808 Sq Ft
$217/mo HOA Fee

Recently Sold

$514 Per Sq Ft

3% Below List Price

34 Days on Market

Highlights

  • Coastal Architecture
  • Central Air
  • Heat Pump System
  • Ocean City Elementary School Rated A

About This Home

As of April 2025

Highly sought after midtown location & just steps to the beach! Located on one of the least populated blocks in Ocean City. This furnished 2 bedroom/2 bath condo has a large private balcony where you can relax and enjoy the views. New washer /dryer , both bathrooms have been remodeled and new flooring throughout both bedrooms. There is a large wall of windows that provides plenty of natural light. This condo features an open floorplan with a southern exposure. (The kitchen wall has been removed to make it more open to the family & dining area). 3rd floor location provides a view of the beach and ocean. The Mystic Point building features a new elevator, stairs and railings, freshly painted, an outdoor shower, assigned parking , and low condo fees. This property is located within walking distance to the beach, convention center, restaurants, bars, Jolly Roger waterpark, rides, mini golf and shopping! If you're looking for a beach condo or rental investment it doesn't get much better than this! Schedule your tour today!

Last Agent to Sell the Property

Jessica Lynch

(410) 726-0736 cinchwithlynchoc@gmail.com Coldwell Banker Realty Listed on: 01/30/2025

Coldwell Banker Realty

Last Buyer's Agent

Amy Coy

(302) 841-1105 amy.coy@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS0036940

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,513

Year Built

  • Built in 1973

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 3rd floor
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 808 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number 2410065283

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, reserve funds, trash
  • Mid-Rise Condominium
  • Mystic Point Community

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,513

Year Built

Built in 1973

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Coastal, Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-01-30
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 808
  • Living Area Sq Ft: 808
  • Price Per Sq Ft: 532.05
  • Above Grade Finished Sq Ft: 808
  • 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: Concrete, Stucco
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 650.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3513.00
  • Assessor Parcel Number: 2410065283
  • Tax Lot: 303
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Apr 8, 2025
Sold by
Mohan Rohan A and Wyndham Rodney J
Bought by
Murphy Patrick Desmond and Murphy Janet Marie
Seller's Agent
Jessica Lynch
Coldwell Banker Realty
Buyer's Agent
Amy Coy
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$429,900
Sold Price
$415,000
Premium/Discount to List
-$14,900
-3.47%
Views
56
Current Estimated Value
$409,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,063
Avg. Annual Appreciation
-1.90%
Original Mortgage
$332,000
Outstanding Balance
$329,925
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$80,012

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 10, 2022
Sold by
Feehley Jr William A
Bought by
Mohan Rohan A and Wyndham Rodney J
Seller's Agent
Cindy Poremski
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Jessica Lynch
Coldwell Banker Realty
List Price
$340,000
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
Mar 10, 2020
Sold by
Mid Atlantic Ira Llc
Bought by
Feehley William A and The Feehley 401K Psp

Purchase Details

Closed on
Aug 14, 2019
Sold by
Jones Michael A and Jones Lorraine W
Bought by
Mid Atlantic Ira Llc and William A Feehley Jr Ira

Purchase Details

Closed on
Nov 22, 2005
Sold by
Appell Evelyn W
Bought by
Jones Jones Michael A Michael A and Jones Lorraine W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2005
Sold by
Appell Evelyn W
Bought by
Jones Jones Michael A Michael A and Jones Lorraine W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 1985
Sold by
Appell Vernon F and Appell Evelyn
Bought by
Appell Evelyn W

Purchase Details

Closed on
Feb 4, 1981
Sold by
Lucke Walter G and Lucke Diane R
Bought by
Appell Vernon F and Appell Evelyn
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 Type Sale Price Title Company
Special Warranty Deed $415,000 Capitol Title
Deed $340,000 Maryland Title
Deed -- Resort Land T&E Llc
Deed $201,400 Resort Land T&E Llc
Deed $327,000 --
Deed $327,000 --
Deed $14,000 --
Deed $42,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,000 New Conventional
Previous Owner $37,000 Purchase Money Mortgage
Previous Owner $261,600 Adjustable Rate Mortgage/ARM
Previous Owner $261,600 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2025 04/17/25 Sold $415,000 -3.5% $514 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $429,900 +26.4% $532 / Sq Ft
05/10/2022 05/10/22 Sold $340,000 0.0% $421 / Sq Ft View Prior Sale
04/20/2022 04/20/22 For Sale $340,000 +68.8% $421 / Sq Ft
06/14/2019 06/14/19 Sold $201,400 -4.0% $249 / Sq Ft View Prior Sale
05/14/2019 05/14/19 Pending -- -- --
04/25/2019 04/25/19 Price Changed $209,900 +7.6% $260 / Sq Ft
04/02/2019 04/02/19 Price Changed $195,000 -8.4% $241 / Sq Ft
04/01/2019 04/01/19 Price Changed $212,900 -3.2% $263 / Sq Ft
03/07/2019 03/07/19 Price Changed $219,900 -2.2% $272 / Sq Ft
02/01/2019 02/01/19 Price Changed $224,900 -2.2% $278 / Sq Ft
11/05/2018 11/05/18 For Sale $229,900 -- $285 / 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 $3,821 $279,800 $0 $0
2024 $3,502 $251,000 $0 $0
2023 $3,123 $222,200 $111,100 $111,100
2022 $2,998 $213,300 $0 $0
2021 $2,888 $204,400 $0 $0
2020 $2,712 $195,500 $97,700 $97,800
2019 $2,720 $191,200 $0 $0
2018 $2,632 $186,900 $0 $0
2017 $2,592 $182,600 $0 $0
2016 -- $182,600 $0 $0
2015 $3,520 $182,600 $0 $0
2014 $3,520 $234,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2028204

Bright MLS

APN: 10-065283