NOT LISTED FOR SALE

Orleans Court Condominiums 14001 Coastal Hwy Unit 319 Ocean City, MD 21842

Estimated Value: $229,000 - $267,000

1 Bed
1 Bath
576 Sq Ft
$177/mo HOA Fee

Last Sold September 19, 2013

Last sale price $107,000 $186 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,672/month

332 Days on Market

Highlights

  • Private Pool
  • Open Floorplan
  • Furnished
  • Ocean City Elementary School Rated A
  • Traditional Architecture
  • 1 Elevator

About This Home

As of September 2013

Back on Market! Short Sale! Price Approved Short Sale. Adorable furnished bayside end unit only 1 blk to beach. Beautiful updated kitchen. Huge living room open to kitchen island bar. Beautiful pool and party deck. Entire building exterior, roof, pool area, decks, have been redone. Short walk to restaurants, shops and BEACH.

Last Listed By

Janice Warns

Long & Foster Real Estate, Inc. License #50223 Listed on: 05/04/2012

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,794

Year Built

  • Built in 1972

HOA Fees

  • $177 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 576 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Window Treatments
  • Living Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Vented Exhaust Fan
  • Electric Water Heater
  • Public Septic

Additional Features

  • Private Pool
  • Property is in very good condition
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 66
  • Assessor Parcel Number 2410172683

Community Details

Overview

  • Association fees include exterior building maintenance, pool(s), trash
  • Orleans Court HOA
  • Orleans Court Community
  • The community has rules related to alterations or architectural changes

Amenities

  • 1 Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,794

Year Built

Built in 1972

Lot Details

0

HOA Fees

$177 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Remarks Public: Back on Market! Short Sale! Price Approved Short Sale. Adorable furnished bayside end unit only 1 blk to beach. Beautiful updated kitchen. Huge living room open to kitchen island bar. Beautiful pool and party deck. Entire building exterior, roof, pool area, decks, have been redone. Short walk to restaurants, shops and BEACH.
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Microwave, Refrigerator, Stove
  • Interior Amenities: Kitchen - Island, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Elevators Count: 1
  • Entry Location: Floors 2-5
  • Floors In Unit Count: 3
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 576
  • Living Area Sq Ft: 576
  • Price Per Sq Ft: 185.76
  • Above Grade Finished Sq Ft: 576
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14001

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 530.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Pool(s), Trash
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Elevator Use
  • HOA Name: ORLEANS COURT
  • HOA: No

Lot Info

  • Improvement Assessed Value: 74300.00
  • Land Assessed Value: 74300.00
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: B-1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5411501
  • Tax Annual Amount: 1793.60
  • Assessor Parcel Number: 2410172683
  • Tax Lot: 66
  • Tax Total Finished Sq Ft: 576
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 09/19/2013

Multi Family

  • Federal Flood Zone: YES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2012
Closed on
Sep 18, 2013
Sold by
Montgomery Mark D and Montgomery Tracey L
Bought by
Spione Michael Joseph
Seller's Agent
Janice Warns
Long & Foster Real Estate, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$107,000
Sold Price
$107,000
Total Days on Market
332
Current Estimated Value
$241,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,274
Avg. Annual Appreciation
6.91%
Original Mortgage
$80,250
Outstanding Balance
$61,444
Interest Rate
4.61%
Mortgage Type
New Conventional
Estimated Equity
$172,316

Purchase Details

Closed on
Sep 27, 2005
Sold by
Christie Gary N
Bought by
Montgomery Montgomery Mark D Mark D and Montgomery Tracey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2004
Sold by
Mayr David W
Bought by
Christie Christie Gary N Gary N and Christie Amanda B

Purchase Details

Closed on
Dec 12, 2002
Sold by
Harmon John T
Bought by
Mayr Mayr David W David W and Mayr Jean A

Purchase Details

Closed on
Mar 1, 1996
Sold by
Harmon John T
Bought by
Harmon John T and Trustee

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
Spione Michael Joseph $107,000 Real Estate Title & Escrow L
Montgomery Montgomery Mark D Mark D $198,000 --
Christie Christie Gary N Gary N $178,500 --
Mayr Mayr David W David W $121,000 --
Harmon John T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spione Michael Joseph $80,250
Previous Owner Montgomery Montgomery Mark D Mark D $158,400
Previous Owner Montgomery Montgomery Mark D Mark D $39,600
Closed Mayr Mayr David W David W --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2013 09/19/13 Sold $107,000 0.0% $186 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
03/27/2013 03/27/13 Price Changed $107,000 0.0% $186 / Sq Ft
03/27/2013 03/27/13 For Sale $107,000 +7.1% $186 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
01/28/2013 01/28/13 Price Changed $99,900 -13.1% $173 / Sq Ft
01/28/2013 01/28/13 For Sale $115,000 0.0% $200 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $115,000 0.0% $200 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
06/04/2012 06/04/12 Price Changed $115,000 -11.5% $200 / Sq Ft
05/04/2012 05/04/12 For Sale $130,000 -- $226 / 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
2024 $1,738 $124,567 $0 $0
2023 $1,473 $104,800 $52,400 $52,400
2022 $1,473 $104,800 $52,400 $52,400
2021 $1,481 $104,800 $52,400 $52,400
2020 $1,481 $104,800 $52,400 $52,400
2019 $1,474 $103,633 $0 $0
2018 $1,443 $102,467 $0 $0
2017 $1,431 $101,300 $0 $0
2016 -- $97,467 $0 $0
2015 $1,783 $93,633 $0 $0
2014 $1,783 $89,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001681484

Bright MLS

APN: 10-172683