NOT LISTED FOR SALE

13902 Wight St Unit 2 Ocean City, MD 21842

Estimated Value: $1,233,000 - $1,386,000

3 Beds
3 Baths
1,760 Sq Ft
$1,458/mo HOA Fee

Last Sold November 24, 2021

Last sale price $1,065,000 $605 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,436/month

Highlights

  • 50 Feet of Waterfront
  • Ocean View
  • Spa
  • Ocean City Elementary School Rated A
  • Sandy Beach
  • Coastal Architecture

About This Home

As of November 2021

Ultimate in Luxury! This direct ocean front condo offers panoramic views of the beach & ocean. The small Boutique 4 unit building has one residence per floor serviced by keyed in foyer elevator. Breathtaking first impression as you step off the private elevator into the rotunda entry foyer with rounded wall, and a circular mosaic tile floor. A custom painted tropical mural flanks the entire side of one wall with custom built shelves on the other. Settle into the oceanfront living room with floor to ceiling windows, gas fireplace with granite surround. Raise the Hurricane shutters to a stunning view. The gourmet kitchen features 42 inch top end cabinets with raised panels and glazed finish. The entire unit has been freshly painted and carpets were replaced in all bedrooms. New furnishings in the Living and Dining Rooms add to the ambiance . For the investor, this property grossed over $75,000 in rental income. Coastal Carrier HVAC replaced 2 years ago along with an 80 gal Hot water Heater. The building was just painted, windows caulked, fireplace cleaned every year. The roof top terrace with Pergola, features a Spa Hot Tub shower, Sundeck and relaxation area.

Last Agent to Sell the Property

Kimberly Lucido-McCabe

(443) 497-0438 yourislandrealtor@comcast.net Keller Williams Realty Delmarva Listed on: 09/30/2021

Keller Williams Realty Delmarva

Last Buyer's Agent

Shawn Kotwica

(724) 840-0572 shawn.kotwica@cbmove.com Coldwell Banker Realty License #653192

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,117

Year Built

  • Built in 2005

Lot Details

  • 50 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $1,458 Monthly HOA Fees

Parking

  • Handicap Parking
  • 2 Assigned Parking Garage Spaces
  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 2nd floor
  • Pillar, Post or Pier Foundation
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 1,760 Sq Ft Home
  • Property has 4 Levels
  • Furnished
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Multiple Balconies
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 2
  • Assessor Parcel Number 10-740916

Community Details

Overview

  • Association fees include cable TV, common area maintenance, custodial services maintenance, exterior building maintenance, gas, insurance, management, reserve funds
  • 4 Units
  • Low-Rise Condominium
  • L'image Community
  • Property Manager

Recreation

  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Amenities

  • 1 Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,117

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,458 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Coastal
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Some artwork
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furniture
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-09-30
  • Federal Flood Zone: Yes
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Ultimate in Luxury! This direct ocean front condo offers panoramic views of the beach & ocean. The small Boutique 4 unit building has one residence per floor serviced by keyed in foyer elevator. Breathtaking first impression as you step off the private elevator into the rotunda entry foyer with rounded wall, and a circular mosaic tile floor. A custom painted tropical mural flanks the entire side of one wall with custom built shelves on the other. Settle into the oceanfront living room with floor to ceiling windows, gas fireplace with granite surround. Raise the Hurricane shutters to a stunning view. The gourmet kitchen features 42 inch top end cabinets with raised panels and glazed finish. The entire unit has been freshly painted and carpets were replaced in all bedrooms. New furnishings in the Living and Dining Rooms add to the ambiance . For the investor, this property grossed over $75,000 in rental income. Coastal Carrier HVAC replaced 2 years ago along with an 80 gal Hot water Heater. The building was just painted, windows caulked, fireplace cleaned every year. The roof top terrace with Pergola, features a Spa Hot Tub shower, Sundeck and relaxation area.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Intercom, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Crown Moldings, Dining Area, Elevator, Entry Level Bedroom, Intercom, Primary Bath(s), Recessed Lighting, Soaking Tub, Sprinkler System, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Insulated
  • Elevators Count: 1
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Levels Count: 4
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1760
  • Living Area Sq Ft: 1760
  • Price Per Sq Ft: 653.35
  • Above Grade Finished Sq Ft: 1760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 13902

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Bbq Grill, Exterior Lighting, Hot Tub, Outside Shower
  • Roof: Architectural Shingle
  • Spa: No
  • View: Ocean
  • Water Access Features: Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Handicap Parking, Paved Parking, Private
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage, Off Street
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Security System, Sprinkler System - Indoor, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4375.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Cable, Elevator, Hot Tub
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Gas, Insurance, Management, Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation 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

  • Horses: No
  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple, Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R-2
  • Zoning Description: residential
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 75000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5434972
  • Tax Annual Amount: 11117.00
  • Assessor Parcel Number: 10-740916
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1760
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/24/2021

Multi Family

  • Federal Flood Zone: X
  • 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
Sep 30, 2021
Closed on
Nov 24, 2021
Sold by
Alimarie Llc
Bought by
Bushman Jay A and Bushman Amy G
Seller's Agent
Kimberly Lucido-McCabe
Keller Williams Realty Delmarva
Buyer's Agent
Shawn Kotwica
Coldwell Banker Realty
List Price
$1,149,900
Sold Price
$1,065,000
Premium/Discount to List
-$84,900
-7.38%
Current Estimated Value
$1,313,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,751
Avg. Annual Appreciation
5.53%
Original Mortgage
$500,000
Outstanding Balance
$459,746
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$854,005

Purchase Details

Closed on
Nov 17, 2014
Sold by
Bohr William E
Bought by
Alimarie Llc

Purchase Details

Closed on
Nov 2, 2007
Sold by
L'Image Oceanfront Condominiums
Bought by
Bohr Bohr William E William E and Bohr Jean A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2007
Sold by
L'Image Oceanfront Condominiums
Bought by
Bohr Bohr William E William E and Bohr Jean A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2004
Sold by
Jane Lippa John Richard and Jane Darlene
Bought by
L'Image Oceanfront Condominiums and Llc
Source: Public Records

Range of Values:

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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
Bushman Jay A $1,065,000 Champion Title & Settlements
Alimarie Llc $775,000 Maryland Title Service
Bohr Bohr William E William E $1,250,000 --
Bohr Bohr William E William E $1,250,000 --
L'Image Oceanfront Condominiums $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bushman Jay A $500,000
Previous Owner Bohr Bohr William E William E $400,000
Previous Owner Bohr Bohr William E William E $400,000
Closed L'Image Oceanfront Condominiums --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $1,065,000 -7.4% $605 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $1,149,900 -- $653 / 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 $12,066 $942,767 $0 $0
2024 $12,066 $864,733 $0 $0
2023 $11,056 $786,700 $550,600 $236,100
2022 $11,056 $786,700 $550,600 $236,100
2021 $11,117 $786,700 $550,600 $236,100
2020 $11,158 $786,700 $550,600 $236,100
2019 $11,192 $786,700 $550,600 $236,100
2018 $11,080 $786,700 $550,600 $236,100
2017 $11,169 $786,700 $0 $0
2016 -- $786,700 $0 $0
2015 $12,778 $786,700 $0 $0
2014 $12,778 $844,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2002762

Bright MLS

APN: 10-740916