NOT LISTED FOR SALE

12106 Wight St Unit 3 Ocean City, MD 21842

Estimated Value: $670,000 - $1,404,000

4 Beds
2.5 Baths
1,560 Sq Ft
$716/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $1,040,000 $667 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,549/month

Highlights

  • Ocean Front
  • Access to Tidal Water
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • Sandy Beach
  • Coastal Architecture

About This Home

As of April 2021

Striking 4BR direct oceanfront townhome hits the market! If you are looking for a large oceanfront townhome with direct access to the beach, look no further. This one is perfect for making family memories that will last a lifetime, or as an investment property. The large living area overlooks the ocean and has plenty of space for family and friends. The kitchen is off the family room and has custom cabinets, granite countertops, tile flooring and plenty of storage space. The large dining area is off the kitchen making it the perfect place for enjoying family meals together. On the next level you will find the master bedroom which overlooks the ocean and has a deck to watch the sunrise while you enjoy your morning coffee. There is another spacious bedroom on this level as well. On the top floor you will find 2 more bedrooms and a bath. There are multiple decks on this townhome and the outside of the building and the decks have been recently replaced by the association. There is also an outside shower and direct beach access from the deck. This townhome has a beach decor and comes completely furnished for your immediate enjoyment. It is presently in the CB Vacation weekly summer rental program. 2020 GRI was $53,645.00

Last Agent to Sell the Property

Nancy Reither

(410) 603-5050 nreither@cbmove.com Coldwell Banker Realty Listed on: 01/22/2021

Coldwell Banker Realty

Last Buyer's Agent

Nicole Callender

(410) 440-6688 callendercloses@gmail.com Keller Williams Realty Delmarva License #597764

Keller Williams Realty Delmarva

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,507

Year Built

  • Built in 1971

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • Cleared Lot

HOA Fees

  • $667 Monthly HOA Fees

Property Views

  • Ocean
  • Panoramic

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,560 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • 1 Assigned Parking Space

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Balcony
  • Deck

Location

  • Flood Risk

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 10-149703

Community Details

Overview

  • Association fees include insurance
  • Caravelle Community

Recreation

  • Fishing Allowed

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,507

Year Built

Built in 1971

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Striking 4BR direct oceanfront townhome hits the market! If you are looking for a large oceanfront townhome with direct access to the beach, look no further. This one is perfect for making family memories that will last a lifetime, or as an investment property. The large living area overlooks the ocean and has plenty of space for family and friends. The kitchen is off the family room and has custom cabinets, granite countertops, tile flooring and plenty of storage space. The large dining area is off the kitchen making it the perfect place for enjoying family meals together. On the next level you will find the master bedroom which overlooks the ocean and has a deck to watch the sunrise while you enjoy your morning coffee. There is another spacious bedroom on this level as well. On the top floor you will find 2 more bedrooms and a bath. There are multiple decks on this townhome and the outside of the building and the decks have been recently replaced by the association. There is also an outside shower and direct beach access from the deck. This townhome has a beach decor and comes completely furnished for your immediate enjoyment. It is presently in the CB Vacation weekly summer rental program. 2020 GRI was $53,645.00
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Compactor, Disposal, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer, Microwave
  • Interior Amenities: Window Treatments
  • Foundation Details: Pilings
  • Floors In Unit Count: 3
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1560
  • Living Area Sq Ft: 1560
  • Price Per Sq Ft: 701.92
  • Above Grade Finished Sq Ft: 1560
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12106

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Roof: Asphalt
  • View: Ocean, Water, Panoramic
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Carport Spaces: 1
  • Garage: No
  • Parking Features: Assigned
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4000.00
  • Condo Co-Op Fee Frequency: Semi-Annually
  • HOA Condo Co-Op Fee Includes: Insurance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 012
  • Lot Features: Cleared
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5409550
  • Tax Annual Amount: 8507.00
  • Assessor Parcel Number: 10-149703
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1560
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/02/2021

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Apr 2, 2021
Sold by
Douglas Land Holdings Llc
Bought by
Larney William A and Larney Mary D
Seller's Agent
Nancy Reither
Coldwell Banker Realty
Buyer's Agent
Nicole Callender
Keller Williams Realty Delmarva
List Price
$1,095,000
Sold Price
$1,040,000
Premium/Discount to List
-$55,000
-5.02%
Current Estimated Value
$1,117,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,713
Avg. Annual Appreciation
1.60%
Original Mortgage
$936,000
Outstanding Balance
$857,841
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$259,872

Purchase Details

Closed on
Sep 28, 2010
Sold by
Hallgren Douglas H
Bought by
Douglas Land Holdings Llc

Purchase Details

Closed on
Aug 26, 2004
Sold by
Kapneck Alison J Trustee
Bought by
Hallgren Douglas H

Purchase Details

Closed on
Mar 3, 2004
Sold by
Kapneck Alison J Trustee
Bought by
Kapneck Alison J Trustee
Source: Public Records

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
Larney William A $1,040,000 Black Oak Title Llc
Douglas Land Holdings Llc -- --
Hallgren Douglas H $875,000 --
Kapneck Alison J Trustee -- --
Kapneck Alison J Trustee -- --
Philip Kapneck -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larney William A $936,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $1,040,000 -5.0% $667 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $1,095,000 -- $702 / 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 $12,234 $895,933 $0 $0
2024 $11,072 $793,467 $0 $0
2023 $9,711 $691,000 $483,700 $207,300
2022 $9,295 $661,367 $0 $0
2021 $8,927 $631,733 $0 $0
2020 $8,507 $602,100 $421,400 $180,700
2019 $8,565 $602,100 $421,400 $180,700
2018 $8,480 $602,100 $421,400 $180,700
2017 $8,548 $602,100 $0 $0
2016 $8,031 $602,100 $0 $0
2015 $8,031 $602,100 $0 $0
2014 $8,031 $602,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO119324

Bright MLS

APN: 10-149703