NOT LISTED FOR SALE

14 74th St Unit A Ocean City, MD 21842

Estimated Value: $457,000 - $529,000

3 Beds
2.5 Baths
1,200 Sq Ft
1982 Built

Sale Details

Date Sold: December 1, 2017

Last sale price $310,000 $258 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,049 / mo

50 Days on Market

Highlights

  • Ocean View
  • Deck
  • Balcony
  • Ocean City Elementary School Rated A
  • Furnished
  • Ceiling Fan

About This Home

As of December 2017

Rare find for a 3 bedroom ocean block townhouse that has been fully renovated in recent years. Unit was converted from 2 to 3 bedroom by owner. Four balconies with ocean view and slight bay view. Small 4 unit complex with off street under cover parking. Sold with home warranty.

Last Agent to Sell the Property

Charlotte Powell

(410) 524-6111 greg.goldman@cbmove.com Coldwell Banker Realty Listed on: 09/01/2017

Coldwell Banker Realty

Co-Listed By

Jeffrey McLaughlin

(410) 524-6111 greg.goldman@cbmove.com Coldwell Banker Realty

Last Buyer's Agent

Carol Proctor

(410) 524-7000 oceancity@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1982

Lot Details

  • South Facing Home
  • Cleared Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Built-Up Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Tuck Under Parking
  • 2 Parking Garage Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Storage Shed

Location

  • Flood Risk

Schools

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

Utilities

  • Heat Pump System
  • Cable TV Available

Community Details

  • 4 Units
  • Low-Rise Community
  • Sun Fever Community

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot A
  • Assessor Parcel Number 219833

Property Details

Home Type

Condominium

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Exclusions: personal items
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Icemaker, Washer/Dryer Stacked
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: 2
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 269.92
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Cedar, Stick Built
  • Construction Completed: No
  • Roof: Built-Up
  • View: Ocean, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Off Street, Under Home Parking
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 340.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1200.00
  • 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: Cleared
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning Description: R3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 219833
  • Tax Lot: A
  • 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
Sep 1, 2017
Closed on
Dec 1, 2017
Sold by
Wenzel Peter F and Wenzel Barbara A
Bought by
Hoban Patrick Michael and Hoban Penny Lynn
Seller's Agent
Charlotte Powell
Coldwell Banker Realty
Buyer's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
List Price
$323,900
Sold Price
$310,000
Premium/Discount to List
-$13,900
-4.29%
Current Estimated Value
$493,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,388
Avg. Annual Appreciation
5.66%
Original Mortgage
$220,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2003
Sold by
Miracle Food Markets Inc
Bought by
Wenzel Peter F and Wenzel Barbara A

Purchase Details

Closed on
May 3, 2001
Sold by
Miner Richard E
Bought by
Miracle Food Markets Inc

Purchase Details

Closed on
Jun 20, 1989
Sold by
Palmer Alfred M and Palmer Patricia S
Bought by
Miner Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
10.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hoban Patrick Michael $310,000 Certified Title Corp
Wenzel Peter F $223,000 --
Miracle Food Markets Inc $138,500 --
Miner Richard E $97,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoban Patrick Michael $220,000
Previous Owner Miner Richard E $63,500
Closed Wenzel Peter F --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2017 12/01/17 Sold $310,000 -4.3% $258 / Sq Ft
10/21/2017 10/21/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $323,900 -- $270 / 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 $3,785 $277,200 $0 $0
2024 $3,550 $254,400 $0 $0
2023 $3,255 $231,600 $115,800 $115,800
2022 $3,255 $231,600 $115,800 $115,800
2021 $3,273 $231,600 $115,800 $115,800
2020 $3,272 $231,600 $115,800 $115,800
2019 $3,295 $231,600 $115,800 $115,800
2018 $3,262 $231,600 $115,800 $115,800
2017 $3,118 $240,000 $0 $0
2016 -- $219,600 $0 $0
2015 $2,866 $199,200 $0 $0
2014 $2,866 $178,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Charlotte Powell

    Coldwell Banker Realty

    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jeffrey McLaughlin

    Coldwell Banker Realty

    Section Image
  • Carol Proctor

    Buyer's Agent in 2017

    Carol Proctor

    BHHS PenFed (actual)

    (443) 567-0650

    330 in this area

    463 Total Sales

    Carol Proctor
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000518110

Bright MLS

APN: 10-219833

Maryland Worcester County Ocean City 21842

14 74th St Unit A, Ocean City, MD

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