NOT LISTED FOR SALE

12305 Wight St Unit 304 Ocean City, MD 21842

Estimated Value: $252,245 - $298,000

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

Last Sold August 30, 2019

Last sale price $169,250 $432 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,863/month

Highlights

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

About This Home

As of August 2019

This home is located at 12305 Wight St Unit 304, Ocean City, MD 21842 since 20 July 2019 and is currently estimated at $274,811, approximately $701 per square foot. This property was built in 1975. 12305 Wight St Unit 304 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Last Agent to Sell the Property

Mary MCCracken

(410) 430-7302 mary.mccracken@lnf.com Mary McCracken Realty, Inc Listed on: 07/20/2019

Mary McCracken Realty, Inc

Last Buyer's Agent

Mitchell David

(443) 614-7048 mitchelldavid06@gmail.com Sheppard Realty Inc License #636139

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach

HOA Fees

  • $167 Monthly HOA Fees

Property Views

  • Ocean
  • Panoramic

Home Design

  • Coastal Architecture
  • Built-Up Roof

Interior Spaces

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

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

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

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 5878A
  • Assessor Parcel Number 10-151155

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, laundry, management, pool(s), reserve funds
  • Low-Rise Condominium
  • Cara Mar Community
  • Property Manager

Amenities

  • Laundry Facilities
  • 1 Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,233

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
  • Architectural Style: Coastal
  • Ownership: Condominium
  • Exclusions: Some personal items listed in disclosures
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Refrigerator, Water Heater
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Efficiency
  • Elevators Count: 1
  • Levels Count: 1
  • Room Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 392
  • Living Area Sq Ft: 392
  • Price Per Sq Ft: 448.72
  • 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: Concrete
  • Roof: Built-Up
  • View: Ocean, Panoramic
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 500.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Laundry, Management, Pool(s), Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: 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
  • Lot Size Units: Square Feet
  • Year Assessed: 2019
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5409666
  • Tax Annual Amount: 2233.00
  • Assessor Parcel Number: 10-151155
  • Tax Lot: 5878A
  • Tax Total Finished Sq Ft: 392
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/30/2019

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
Jul 20, 2019
Closed on
Aug 30, 2019
Sold by
Hankey John R and Hankey Patricia C
Bought by
Sarchiapone Dean Michael
Seller's Agent
Mary MCCracken
Mary McCracken Realty, Inc
Buyer's Agent
Mitchell David
Sheppard Realty Inc
List Price
$175,900
Sold Price
$169,250
Premium/Discount to List
-$6,650
-3.78%
Current Estimated Value
$274,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,561
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
Aug 11, 2004
Sold by
Hoover Vanessa L
Bought by
Hankey John R and Hankey Patricia C

Purchase Details

Closed on
Apr 6, 2004
Sold by
Chorny Zaslawec Luba
Bought by
Hoover Vanessa L

Purchase Details

Closed on
Dec 19, 1996
Sold by
George Zaslawec
Bought by
Chorny Zaslawec Luba
Source: Public Records

Range of Values:

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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
Sarchiapone Dean Michael $169,250 Ocean Investments Title Corp
Hankey John R $207,000 --
Hoover Vanessa L $189,000 --
Chorny Zaslawec Luba -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $169,250 -3.8% $432 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
07/20/2019 07/20/19 For Sale $175,900 -- $449 / 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 $1,800 $156,800 $0 $0
2014 $1,800 $156,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO107896

Bright MLS

APN: 10-151155