NOT LISTED FOR SALE

12106 Wight St Unit 5 Ocean City, MD 21842

Estimated Value: $670,000 - $1,405,000

4 Beds
2.5 Baths
1,560 Sq Ft
$665/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $850,000 $545 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,042/month

Highlights

  • Ocean View
  • Access to Tidal Water
  • Coastal Architecture
  • Ocean City Elementary School Rated A
  • Waterfront
  • 1 Detached Carport Space

About This Home

As of June 2020

The ULTIMATE Ocean Front, BEACH Dream Home is now available for purchase in this "hard to find" NORTH OCEAN CITY MARYLAND location. This home has 4 large bedrooms and has been completely updated both inside and out. The HUGE Railed Ocean Front deck off of the living area boasts a private, personal shower and private steps directly to the beach. The 2 Ocean Front Bedrooms have private decks to enjoy the views and sounds of the Ocean. The West Deck brings in the afternoon sun and sunsets off the large dining area. There is a large first floor storage area for bikes/surfboards/beach items and even more. SEEing is BELIEVing!

Last Agent to Sell the Property

Jamie Caine

(410) 726-0725 jamiecocmd@gmail.com Coldwell Banker Realty License #52321 Listed on: 03/17/2019

Coldwell Banker Realty

Last Buyer's Agent

Katy Durham

(410) 726-2398 kdurham@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,565

Year Built

  • Built in 1971

Lot Details

  • Waterfront
  • West Facing Home

HOA Fees

  • $583 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Asphalt Roof
  • Piling Construction

Interior Spaces

  • 1,560 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Insulated Windows
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Parking Lot

Outdoor Features

  • Access to Tidal Water
  • Water Oriented
  • Property is near an ocean

Location

  • Flood Risk

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Municipal Trash

Community Details

  • Association fees include insurance
  • Caravelle Community

Listing and Financial Details

  • Tax Lot 5752A
  • Assessor Parcel Number 10-149509

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,565

Year Built

Built in 1971

Lot Details

0

HOA Fees

$583 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Ownership: Condominium
  • Exclusions: Personal Items and Picture
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1971
  • Remarks Public: The ULTIMATE Ocean Front, BEACH Dream Home is now available for purchase in this "hard to find" NORTH OCEAN CITY MARYLAND location. This home has 4 large bedrooms and has been completely updated both inside and out. The HUGE Railed Ocean Front deck off of the living area boasts a private, personal shower and private steps directly to the beach. The 2 Ocean Front Bedrooms have private decks to enjoy the views and sounds of the Ocean. The West Deck brings in the afternoon sun and sunsets off the large dining area. There is a large first floor storage area for bikes/surfboards/beach items and even more. SEEing is BELIEVing!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 1
  • Window Features: Insulated
  • Fireplace: No
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1560
  • Living Area Sq Ft: 1560
  • Price Per Sq Ft: 576.92
  • Above Grade Finished Sq Ft: 1560
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12106

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt
  • View: Ocean
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot, Detached Carport

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 7000.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Insurance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation 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 Dimensions: 0.00 x 0.00
  • Soil Types: Sandy
  • 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
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5409541
  • Tax Annual Amount: 8565.00
  • Assessor Parcel Number: 10-149509
  • Tax Lot: 5752A
  • Tax Total Finished Sq Ft: 1560
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 06/30/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2019
Closed on
Jun 30, 2020
Sold by
Burke Craig and Burke Bernard
Bought by
Grier Lee and Grier Jennifer K
Seller's Agent
Jamie Caine
Coldwell Banker Realty
Buyer's Agent
Katy Durham
Coldwell Banker Realty
List Price
$949,990
Sold Price
$850,000
Premium/Discount to List
-$99,990
-10.53%
Current Estimated Value
$1,037,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,127
Avg. Annual Appreciation
3.81%
Original Mortgage
$510,000
Outstanding Balance
$453,073
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$584,054

Purchase Details

Closed on
Feb 25, 1997
Sold by
Burke Frederick S and Burke Craig
Bought by
Craig Burke and Others Bernard

Purchase Details

Closed on
Oct 24, 1996
Sold by
Burke Frederick S
Bought by
Burke Frederick S
Source: Public Records

Range of Values:

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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
Grier Lee $850,000 Resort Land T&E Llc
Craig Burke -- --
Burke Frederick S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grier Lee $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $850,000 -5.6% $545 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
02/27/2020 02/27/20 Price Changed $899,999 -4.3% $577 / Sq Ft
10/16/2019 10/16/19 Price Changed $939,990 -1.1% $603 / Sq Ft
09/11/2019 09/11/19 For Sale $949,990 0.0% $609 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/17/2019 03/17/19 For Sale $949,990 -- $609 / 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 -- $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: MDWO104410

Bright MLS

APN: 10-149509