NOT LISTED FOR SALE

13500 Holly Ln Ocean City, MD 21842

Estimated Value: $340,450 - $404,000

2 Beds
1.5 Baths
800 Sq Ft
$150/mo HOA Fee

Last Sold March 02, 2018

Last sale price $227,000 $284 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,395/month

Highlights

  • 1 Boat Dock
  • Home fronts navigable water
  • Canal View
  • Ocean City Elementary School Rated A
  • Water Access
  • Deck

About This Home

As of March 2018

Boater's delight....''on the DEEPEST canal in Ocean City, also, one of the WIDEST.'' The open bay is seconds away. Must see this well maintained two story condo, off 136th Street in North Ocean City located in the quite Cain Woods section on a cul-de-sac. ''NEW'' Dishwasher installed 9/8/17. Sold Fully Furnished. View fireworks while sitting on the rear deck. Northside Park gym/recreation facilities is nearby. Minutes from the Delaware State line with its tax free dining and shopping. Plenty of parking. Consistently low condo fees and utility cost. Original owner and never rented. Enjoy the deeded boat pier out your backdoor, ladder recently added...just in case you want to take a dip.

Last Agent to Sell the Property

Cindy Purcell

(410) 726-2586 cindypurcell@remax.net RE/MAX Advantage Realty License #RS-0016484 Listed on: 07/20/2017

RE/MAX Advantage Realty

Last Buyer's Agent

Tammy Hall

(443) 614-2184 tammyhall@kw.com Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,598

Year Built

  • Built in 1982

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 800 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Canal Views
  • Crawl Space
  • Storage In Attic
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Water Access
  • Property is near a canal
  • Bulkhead
  • 1 Boat Dock
  • Balcony
  • Deck

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Home fronts navigable water
  • Flood Risk

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 221455

Community Details

Overview

  • Holly Point Community

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,598

Year Built

Built in 1982

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: small exclusion list
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Storage: Attic
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Door Features: Storm
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 800
  • Living Area Sq Ft: 800
  • Price Per Sq Ft: 299.88
  • Above Grade Finished Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Roof: Asphalt
  • View: Canal, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Off Street, Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1800.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Bulkheaded
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5415609
  • Assessor Parcel Number: 221455
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Mar 2, 2018
Sold by
Evans Barbara L and Barbara L Evans Trust
Bought by
Mcconkey Richard
Seller's Agent
Cindy Purcell
RE/MAX Advantage Realty
Buyer's Agent
Tammy Hall
Keller Williams Realty Delmarva
List Price
$250,000
Sold Price
$227,000
Premium/Discount to List
-$23,000
-9.2%
Current Estimated Value
$369,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,863
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Oct 21, 1983
Sold by
E S Adkins & Company
Bought by
Evans Barbara L and Evans James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
13.52%
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
Mcconkey Richard $227,000 None Available
Evans Barbara L $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Barbara L $34,000
Closed Mcconkey Richard $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2018 03/02/18 Sold $227,000 -5.4% $284 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
12/29/2017 12/29/17 Price Changed $239,900 -4.0% $300 / Sq Ft
07/20/2017 07/20/17 For Sale $250,000 -- $313 / 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 $3,598 $263,467 $0 $0
2024 $3,164 $226,733 $0 $0
2023 $2,670 $190,000 $95,000 $95,000
2022 $2,670 $190,000 $95,000 $95,000
2021 $2,685 $190,000 $95,000 $95,000
2020 $2,685 $190,000 $95,000 $95,000
2019 $2,703 $190,000 $95,000 $95,000
2018 $2,676 $190,000 $95,000 $95,000
2017 $2,695 $203,700 $0 $0
2016 -- $189,800 $0 $0
2015 $2,748 $175,900 $0 $0
2014 $2,748 $162,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy Purcell

    Seller's Agent in 2018

    Cindy Purcell

    RE/MAX

    (410) 726-2586

    30 in this area

    52 Total Sales

    Cindy Purcell
    Section Image
  • Tammy Hall

    Buyer's Agent in 2018

    Tammy Hall

    Keller Williams Realty Delmarva

    (443) 614-2184

    10 in this area

    41 Total Sales

    Tammy Hall
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000519350

Bright MLS

APN: 10-221455

Maryland Worcester County Ocean City 21842

13500 Holly Ln, Ocean City, MD

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