NOT LISTED FOR SALE

12305 Wight St Unit 305 Ocean City, MD 21842

Estimated Value: $258,560 - $291,000

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

Last Sold January 07, 2021

Last sale price $196,000 $500 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,851/month

Highlights

  • Ocean View
  • Access to Tidal Water
  • Waterfront
  • Ocean City Elementary School Rated A
  • Public Beach
  • Furnished

About This Home

As of January 2021

Oceanfront for under $190k???? That's right, this great Oceanfront Efficiency unit in North OC is being offered for a great price. This building is very well maintained and has an on-sight property manager. Features include an outdoor pool, Central A/C, Elevator (replaced '16) Storage locker, a private beach access with shower area and 1 assigned parking space. The roof of the building was replaced in 2018 and the exterior has been well maintained. This building is close to North Side Park as well as great shopping and nightlife. Don't miss out on this great opportunity to have a Million Dollar view for less than $190,000!

Last Agent to Sell the Property

Joel Feldman

(941) 979-0271 joelfrealtor@gmail.com Martz and Associates Real Estate LLC Listed on: 12/03/2020

Last Buyer's Agent

Dave Barnett

dave.barnett@cbmove.com Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1975

Lot Details

  • Waterfront
  • Public Beach
  • Property is in good condition

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Dryvit Stucco

Interior Spaces

  • 1 Full Bathroom
  • 392 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ocean Views

Parking

  • 1 Off-Street Space
  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

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

Utilities

  • Forced Air Heating and Cooling System
  • 110 Volts
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 305
  • Assessor Parcel Number 10-151643

Community Details

Overview

  • Association fees include custodial services maintenance, exterior building maintenance, laundry, management, pool(s), reserve funds, water
  • 1 Elevator
  • Low-Rise Condominium
  • Cara Mar Community
  • Property Manager

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,242

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: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-12-03
  • Federal Flood Zone: No
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Oceanfront for under $190k???? That's right, this great Oceanfront Efficiency unit in North OC is being offered for a great price. This building is very well maintained and has an on-sight property manager. Features include an outdoor pool, Central A/C, Elevator (replaced '16) Storage locker, a private beach access with shower area and 1 assigned parking space. The roof of the building was replaced in 2018 and the exterior has been well maintained. This building is close to North Side Park as well as great shopping and nightlife. Don't miss out on this great opportunity to have a Million Dollar view for less than $190,000!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Shared, Common
  • Total Sq Ft: 392
  • Living Area Sq Ft: 392
  • Price Per Sq Ft: 484.44
  • 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, Concrete
  • View: Ocean
  • Water Access Features: Public Beach, Swimming Allowed
  • 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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot
  • Off Street Parking Spaces: 1
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service, 110 Volts
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes

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: Laundry Facilities, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Laundry, Management, Pool(s), Reserve Funds, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

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

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5409710
  • Tax Annual Amount: 2242.00
  • Assessor Parcel Number: 10-151643
  • Tax Lot: 305
  • Tax Total Finished Sq Ft: 392
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/07/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Barnett David
Bought by
Barnett Chatham and Barnett David
Current Estimated Value
$274,890

Purchase Details

Listed on
Dec 3, 2020
Closed on
Dec 23, 2020
Sold by
Koenig John J and Koenig Cynthia A
Bought by
Barnett David and Barnett Chatham
Seller's Agent
Joel Feldman
Martz and Associates Real Estate LLC
Buyer's Agent
Dave Barnett
Coldwell Banker Realty
List Price
$189,900
Sold Price
$196,000
Premium/Discount to List
$6,100
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$156,800
Outstanding Balance
$139,624
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$135,266

Purchase Details

Closed on
Jan 31, 2003
Sold by
Helen Nappier
Bought by
Koenig John J and Mancak Cynthia A
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
Barnett Chatham -- None Available
Barnett David $196,000 Mid Atlantic Stlmt Svcs Llc
Koenig John J $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnett David $156,800
Closed Koenig John J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2021 01/07/21 Sold $196,000 +3.2% $500 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $189,900 -- $484 / 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 $2,249 $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

  • Joel Feldman

    Seller's Agent in 2021

    Joel Feldman

    Martz and Associates Real Estate LLC

    (941) 979-0271

    17 in this area

    52 Total Sales

    Joel Feldman
    Section Image

  • D

    Buyer's Agent in 2021

    Dave Barnett

    Coldwell Banker Realty

See All Agents

Map

Source: Bright MLS

MLS Number: MDWO118742

Bright MLS

APN: 10-151643

Maryland Worcester County Ocean City 21842

12305 Wight St Unit 305, Ocean City, MD

This home is located at 12305 Wight St Unit 305, Ocean City, MD 21842 since 03 December 2020 and is currently estimated at $274,890, approximately $701 per square foot. This property was built in 1975. 12305 Wight St Unit 305 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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