NOT LISTED FOR SALE

13501 Holly Ln Ocean City, MD 21842

Estimated Value: $345,972 - $391,000

2 Beds
1.5 Baths
720 Sq Ft
$514/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $335,000 $465 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,396/month

Highlights

  • 127 Feet of Waterfront
  • 1 Dock Slip
  • Panoramic View
  • Ocean City Elementary School Rated A
  • Pier
  • Open Floorplan

About This Home

As of April 2022

CUTE AS A BUTTON!!! TOTALLY REMODELED, 2 BR 1.5 BA, 2 LEVEL, UNFURNISHED, 720 SQUARE FEET, TOWNHOME TYPE, WOOD BURNING FIRE PLACE, NEW FLOORING, NEW APPLIANCES, NEW LIGHTING, NEW HVAC, NEW PAINT, NEW GRANITE COUNTER TOPS, ALL NEW CABINETS, FACES SOUTH ON THE WATER, VERY NICE REAR DECK ON THE WATER, ASSIGNED BOAT SLIP WITH A BOAT LIFT, YOU WILL LOVE EVERYTHING ABOUT THIS PROPERTY AND LOCATION OFF OF 136TH ST AND NORTH OC!!

Last Agent to Sell the Property

Wayne Phillips

(410) 726-9200 ocwayne@gmail.com Coastal Life Realty Group LLC Listed on: 01/28/2022

Last Buyer's Agent

Kenneth Coleman

(410) 446-9230 kencolemanhomes@gmail.com Cummings & Co. Realtors

Cummings & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,685

Year Built

  • Built in 1982

Lot Details

  • 127 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Cleared Lot

HOA Fees

  • $150 Monthly HOA Fees

Property Views

  • Panoramic
  • Canal

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 720 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Bar
  • 1 Fireplace
  • Window Treatments
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Outdoor Shower
  • Pier
  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Multiple Balconies
  • Deck
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2410224403

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pier/dock maintenance, reserve funds, snow removal, water
  • Holly Point Community
  • Caine Woods Subdivision

Recreation

  • Boat Dock
  • Pier or Dock

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,685

Year Built

Built in 1982

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Bi-Level
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Bar, Breakfast Area, Combination Dining/Living, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Upgraded Countertops, Window Treatments
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 720
  • Living Area Sq Ft: 720
  • Price Per Sq Ft: 485.97
  • Above Grade Finished Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Exterior Features: Exterior Lighting, Outside Shower, Sidewalks, Street Lights
  • Roof: Architectural Shingle, Shingle
  • View: Canal, Panoramic, Street, Water
  • Water Access Features: Boat - Powered
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 127

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 150.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Reserve Funds, Snow Removal, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s)
  • Zoning: R-2
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5415874
  • Tax Annual Amount: 2685.00
  • Assessor Parcel Number: 2410224403
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Mar 31, 2022
Sold by
John Kahline
Bought by
Coleman Holdings Llc
Seller's Agent
Wayne Phillips
Coastal Life Realty Group LLC
Buyer's Agent
Kenneth Coleman
Cummings & Co. Realtors
List Price
$314,900
Sold Price
$335,000
Premium/Discount to List
$20,100
6.38%
Current Estimated Value
$369,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,993
Avg. Annual Appreciation
2.81%
Original Mortgage
$251,250
Outstanding Balance
$234,669
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$135,324

Purchase Details

Closed on
Aug 19, 2005
Sold by
Kufera Walter A and Kufera Roberta C.
Bought by
Kahline John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2005
Sold by
Kufera Walter A and Kufera Roberta C
Bought by
Kahline John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1999
Sold by
Mckeldin Robert J and Mckeldin Debra L
Bought by
Kufera Walter A and Kufera Roberta C

Purchase Details

Closed on
Dec 6, 1996
Sold by
Powell William E and Powell Colleen D
Bought by
Mckeldin Robert J and Mckeldin Debra L
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
Coleman Holdings Llc $335,000 North American Title
Kahline John $285,000 --
Kahline John $15,000 --
Kufera Walter A $78,900 --
Mckeldin Robert J $73,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Holdings Llc $251,250
Previous Owner Kahline John $228,000
Closed Mckeldin Robert J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $335,000 -4.3% $465 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
01/28/2022 01/28/22 Price Changed $349,900 +11.1% $486 / Sq Ft
01/28/2022 01/28/22 For Sale $314,900 -- $437 / 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 $2,695 $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

  • Wayne Phillips

    Seller's Agent in 2022

    Wayne Phillips

    Coastal Life Realty Group LLC

    (410) 726-9200

    86 in this area

    91 Total Sales

    Wayne Phillips
    Section Image
  • Kenneth Coleman

    Buyer's Agent in 2022

    Kenneth Coleman

    Cummings & Co Realtors

    (410) 446-9230

    3 in this area

    27 Total Sales

    Kenneth Coleman
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2005376

Bright MLS

APN: 10-224403

Maryland Worcester County Ocean City 21842

13501 Holly Ln, Ocean City, MD

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