NOT LISTED FOR SALE

12505 Wight St Unit 15A Ocean City, MD 21842

Estimated Value: $292,000 - $319,000

Studio
1 Bath
448 Sq Ft
1968 Built

Sale Details

Date Sold: December 17, 2021

Last sale price $275,000 $614 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,097 / mo

5 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Ocean View
  • Balcony
  • Ocean City Elementary School Rated A
  • Sandy Beach
  • Storm Windows

About This Home

As of December 2021

OPEN HOUSE 11/20 SAT. 1 TO 3!! COMES TOTALLY FURNISHED . TOTALLY UPDATED DOWN TO THE STUDS! BEACH FRONT AT ITS BEST!! OUTSTANDING MEMORIES AND VIEWS MADE HERE AT YOUR DIRECT OCEANFRONT CONDO WITH A PRIVATE BALCONY. LOW CONDO FEES AND MANY UPDATES. UPDATED, WALLS, ELECTRIC, FLOORING, BATHROOM, PAINTING, APPLIANCES, WELL MAINTAINED BUILDING IN NORTH OCEAN CITY. GREAT INVESTMENT PROPERTY!!

Last Agent to Sell the Property

Eileen Bumba

(410) 524-1700 eileenbumba@gmail.com Long & Foster Real Estate, Inc. Listed on: 11/12/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,089

Year Built

  • Built in 1968

Lot Details

  • 100 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Cleared Lot
  • Property is in very good condition

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Entry on the 3rd floor
  • Frame Construction
  • Built-Up Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1 Full Bathroom
  • 448 Sq Ft Home
  • Property has 3 Levels
  • Window Treatments
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave

Home Security

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Balcony
  • Storage Shed

Location

  • Flood Risk

Schools

  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2410153050

Community Details

Overview

  • Low-Rise Community
  • Escape Community

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,089

Year Built

Built in 1968

Lot Details

0 Sq Ft Lot

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Entry Floor: 3
  • Interior Amenities: Window Treatments
  • Window Features: Storm
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 448
  • Living Area Sq Ft: 448
  • Price Per Sq Ft: 591.27
  • Above Grade Finished Sq Ft: 448
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Exterior Features: Outside Shower
  • Roof: Built-Up
  • View: Water, Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 200.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Schools

  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5409819
  • Tax Annual Amount: 2089.00
  • Assessor Parcel Number: 2410153050
  • County Tax Payment Frequency: Annually
  • Tax Year: 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
Nov 12, 2021
Closed on
Dec 16, 2021
Sold by
Bowen Michael J
Bought by
Daly Patrick William and Daly Joan Corsello
Seller's Agent
Eileen Bumba
Long & Foster Real Estate, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$269,888
Sold Price
$275,000
Premium/Discount to List
$5,112
1.89%
Current Estimated Value
$304,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,857
Avg. Annual Appreciation
2.42%
Original Mortgage
$208,000
Outstanding Balance
$191,331
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$113,526

Purchase Details

Closed on
May 9, 2014
Sold by
Cerne Phyllis Louise
Bought by
Bowen Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 1999
Sold by
Geoghegan John D
Bought by
Cerne Phyllis Louise

Purchase Details

Closed on
Jun 30, 1998
Sold by
Geoghegan J David
Bought by
Geoghegan John D and Geoghegan Elizabeth Dimon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Daly Patrick William $275,000 Title Nation
Bowen Michael J $145,000 Ocean Investments Title Corp
Cerne Phyllis Louise $65,000 --
Geoghegan John D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daly Patrick William $208,000
Previous Owner Bowen Michael J $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $275,000 +3.8% $614 / Sq Ft
11/18/2021 11/18/21 Price Changed $264,888 -1.9% $591 / Sq Ft
11/17/2021 11/17/21 For Sale $269,888 -1.9% $602 / Sq Ft
11/16/2021 11/16/21 Off Market $275,000 -- --
11/14/2021 11/14/21 Price Changed $269,888 +1.9% $602 / Sq Ft
11/12/2021 11/12/21 For Sale $264,888 -- $591 / Sq Ft
Source: Bright MLS

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 $3,222 $235,933 $0 $0
2024 $2,677 $191,867 $0 $0
2023 $2,077 $147,800 $103,400 $44,400
2022 $2,077 $147,800 $103,400 $44,400
2021 $2,089 $147,800 $103,400 $44,400
2020 $2,050 $147,800 $103,400 $44,400
2019 $2,056 $144,500 $0 $0
2018 $1,989 $141,200 $0 $0
2017 $1,958 $137,900 $0 $0
2016 -- $137,900 $0 $0
2015 $2,398 $137,900 $0 $0
2014 $2,398 $146,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eileen Bumba

    Seller's Agent in 2021

    Eileen Bumba

    Long & Foster

    (410) 790-1757

    15 in this area

    78 Total Sales

    Eileen Bumba
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Map

Source: Bright MLS

MLS Number: MDWO2003562

Bright MLS

APN: 10-153050

Maryland Worcester County Ocean City 21842

12505 Wight St Unit 15A, Ocean City, MD

Not Listed for Sale

Condos

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