NOT LISTED FOR SALE

14 70th St Unit 102 Ocean City, MD 21842

Estimated Value: $347,000 - $381,000

2 Beds
1.5 Baths
762 Sq Ft
$208/mo HOA Fee

Last Sold November 22, 2019

Last sale price $197,000 $259 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,358/month

Highlights

  • 2 Attached Carport Spaces
  • Central Air
  • Heat Pump System
  • Ocean City Elementary School Rated A
  • Community Storage Space

About This Home

As of November 2019

Prime Location. Beautiful Ocean View at half the cost. Midtown has the best O.C. has to offer. Walk to beach without crossing highway. Walk to restaurants and stores. Hurricane Shutters, New Sliding doors from Living Room and Master. Upgraded Carpet, fully furnished.

Last Agent to Sell the Property

Aaron West

(410) 822-2001 aadefron@gmail.com Meredith Fine Properties Listed on: 07/02/2019

Last Buyer's Agent

Hoffy Hoffman

(410) 320-0430 ochoffy@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #662228

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,496

Year Built

  • Built in 1984

Lot Details

  • 5,924

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 762 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 8762
  • Assessor Parcel Number 10-270359

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, insurance, reserve funds, trash
  • Low-Rise Condominium
  • Sea Star Community

Amenities

  • Common Area
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,496

Year Built

Built in 1984

Lot Details

0

HOA Fees

$208 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
  • Inclusions: Furniture
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 762
  • Living Area Sq Ft: 762
  • Price Per Sq Ft: 258.53
  • Above Grade Finished Sq Ft: 762
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 624.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Extra Storage
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Reserve Funds, Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 12000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5419955
  • Tax Annual Amount: 2496.00
  • Assessor Parcel Number: 10-270359
  • Tax Lot: 8762
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Nov 22, 2019
Sold by
Kws Holdings Llc
Bought by
Zerhusen Stephanie D
Seller's Agent
Aaron West
Meredith Fine Properties
Buyer's Agent
Hoffy Hoffman
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$208,000
Sold Price
$197,000
Premium/Discount to List
-$11,000
-5.29%
Current Estimated Value
$359,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,275
Avg. Annual Appreciation
10.66%
Original Mortgage
$17,700
Outstanding Balance
$15,571
Interest Rate
3.6%
Estimated Equity
$343,704

Purchase Details

Closed on
Dec 5, 2013
Sold by
West Aaron C
Bought by
Kws Holdings Llc

Purchase Details

Closed on
Jun 22, 2012
Sold by
Fannie Mae
Bought by
West Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2012
Sold by
Smith Robert W
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Mar 29, 2004
Sold by
K. Margus Peter J and K. Dyanna
Bought by
Smith Robert

Purchase Details

Closed on
Mar 7, 2002
Sold by
Geary Thomas N
Bought by
Margus Peter J and Margus Dyanna K
Source: Public Records

Range of Values:

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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
Zerhusen Stephanie D $197,000 Dba Real Estate T&E
Kws Holdings Llc -- Upper Shore Title Inc
West Aaron $160,000 Crown Title Corporation
Fannie Mae $272,200 None Available
Smith Robert $242,500 --
Margus Peter J $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zerhusen Stephanie D $17,700
Previous Owner West Aaron $144,000
Closed Margus Peter J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $197,000 0.0% $259 / Sq Ft
09/28/2019 09/28/19 Price Changed $197,000 -5.3% $259 / Sq Ft
07/02/2019 07/02/19 For Sale $208,000 -- $273 / 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 $3,232 $236,700 $0 $0
2024 $2,884 $206,700 $0 $0
2023 $2,483 $176,700 $88,300 $88,400
2022 $2,483 $176,700 $88,300 $88,400
2021 $2,497 $176,700 $88,300 $88,400
2020 $2,497 $176,700 $88,300 $88,400
2019 $2,514 $176,700 $88,300 $88,400
2018 $2,489 $176,700 $88,300 $88,400
2017 $2,509 $176,700 $0 $0
2016 -- $176,700 $0 $0
2015 $2,560 $176,700 $0 $0
2014 $2,560 $176,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Aaron West

    Meredith Fine Properties

    Section Image
  • Hoffy Hoffman

    Buyer's Agent in 2019

    Hoffy Hoffman

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (410) 320-0430

    12 in this area

    47 Total Sales

    Hoffy Hoffman
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO107450

Bright MLS

APN: 10-270359

Maryland Worcester County Ocean City 21842

14 70th St Unit 102, Ocean City, MD

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