NOT LISTED FOR SALE

12305 Wight St Unit 101 Ocean City, MD 21842

Estimated Value: $251,995 - $279,000

-- Bed
1 Bath
392 Sq Ft
$167/mo HOA Fee

Last Sold April 03, 2020

Last sale price $165,000 $421 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,809/month

Highlights

  • Private Beach
  • Private Water Access
  • Furnished
  • Ocean City Elementary School Rated A
  • Waterfront
  • Community Pool

About This Home

As of April 2020

This is a remarkable unit with onsite manager and low condo fees, away from the congestion yet close to shopping and restaurants. A beautiful site to see inside and out this efficiency is a must see! Well maintained never rented,Direct Ocean Front elevated 1st floor unit Fully furnished w/New furniture,new tile, carpet & fresh paint, assigned parking directly underneath unit shades car on those hot sunny days! No more lugging with a New elevator and each unit has its own storage locker underneath for all your beach items. A great opportunity to own a year around oasis just steps away from the beach! Wake up to the views and sounds of the ocean today!

Last Agent to Sell the Property

Cassandra Garland

(717) 756-5401 cassandragarland@remax.net RE/MAX Delta Group, Inc. License #55-5001399 Listed on: 01/21/2020

RE/MAX Delta Group, Inc.

Last Buyer's Agent

Kimberley Collins

(443) 333-6310 kim.collins@theoldfathergroup.com Compass License #532644

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,258

Year Built

  • Built in 1975

Lot Details

  • Waterfront
  • Private Beach
  • Sandy Beach
  • Property is in very good condition

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Dryvit Stucco

Interior Spaces

  • 1 Full Bathroom
  • 392 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Efficiency Studio

Kitchen

  • Kitchen in Efficiency Studio
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Free Parking
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Outdoor Shower
  • Private Water Access
  • Property is near an ocean
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 10-150981

Community Details

Overview

  • Association fees include common area maintenance, pool(s)
  • Low-Rise Condominium
  • Cara Mar Condo Association Condos, Phone Number (410) 250-7669
  • Cara Mar Community
  • Property Manager

Amenities

  • Laundry Facilities
  • 1 Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,258

Year Built

Built in 1975

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Remarks Public: This is a remarkable unit with onsite manager and low condo fees, away from the congestion yet close to shopping and restaurants. A beautiful site to see inside and out this efficiency is a must see! Well maintained never rented,Direct Ocean Front elevated 1st floor unit Fully furnished w/New furniture,new tile, carpet & fresh paint, assigned parking directly underneath unit shades car on those hot sunny days! No more lugging with a New elevator and each unit has its own storage locker underneath for all your beach items. A great opportunity to own a year around oasis just steps away from the beach! Wake up to the views and sounds of the ocean today!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Efficiency, Kitchen - Efficiency
  • Fireplace: No
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 392
  • Living Area Sq Ft: 392
  • Price Per Sq Ft: 456.63
  • Above Grade Finished Sq Ft: 392
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12305

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Dryvit
  • Exterior Features: Outside Shower, Private Beach, Secure Storage
  • Roof: Flat
  • Spa: No
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 500.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Cara Mar Condo Association
  • Condo Co-Op Phone: 410-250-7669
  • HOA Condo Co-Op Amenities: Elevator, Laundry Facilities, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s)
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5409653
  • Tax Annual Amount: 2258.00
  • Assessor Parcel Number: 10-150981
  • Tax Lot: 101
  • Tax Total Finished Sq Ft: 392
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 04/03/2020

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 21, 2020
Closed on
Apr 3, 2020
Sold by
Markle Gary D and Stacho Joanne
Bought by
Brittingham Amy D
Seller's Agent
Cassandra Garland
RE/MAX Delta Group, Inc.
Buyer's Agent
Kimberley Collins
Compass
List Price
$179,000
Sold Price
$165,000
Premium/Discount to List
-$14,000
-7.82%
Current Estimated Value
$266,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,749
Avg. Annual Appreciation
9.02%
Original Mortgage
$132,000
Outstanding Balance
$116,490
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$150,259

Purchase Details

Closed on
May 13, 2003
Sold by
Schissler Lawrence T and Schissler Linda A
Bought by
Markle Gary D and Markle Joanne Stacho

Purchase Details

Closed on
Oct 5, 1999
Sold by
Worch Robert D and Worch Mary C
Bought by
Schissler Lawrence T and Schissler Linda A

Purchase Details

Closed on
Dec 14, 1989
Sold by
Casas Roberto and Casas Marta L
Bought by
Worch Robert D and Worch Mary C
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
Brittingham Amy D $165,000 Capitol Title Group
Markle Gary D $180,000 --
Schissler Lawrence T $65,700 --
Worch Robert D $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brittingham Amy D $132,000
Closed Schissler Lawrence T --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2020 04/03/20 Sold $165,000 -7.8% $421 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $179,000 -- $457 / 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 $2,916 $213,567 $0 $0
2024 $2,597 $186,133 $0 $0
2023 $2,230 $158,700 $111,000 $47,700
2022 $2,230 $158,700 $111,000 $47,700
2021 $2,243 $158,700 $111,000 $47,700
2020 $2,242 $158,700 $111,000 $47,700
2019 $2,249 $158,067 $0 $0
2018 $2,217 $157,433 $0 $0
2017 $2,226 $156,800 $0 $0
2016 -- $156,800 $0 $0
2015 $2,361 $156,800 $0 $0
2014 $2,361 $156,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO111520

Bright MLS

APN: 10-150981