NOT LISTED FOR SALE

14301 Lighthouse Ave Unit 203 Ocean City, MD 21842

Estimated Value: $220,000 - $244,000

1 Bed
1 Bath
590 Sq Ft
$120/mo HOA Fee

Last Sold December 29, 2017

Last sale price $119,000 $202 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,495/month

Highlights

  • Deck
  • Furnished
  • En-Suite Primary Bedroom
  • Ocean City Elementary School Rated A
  • Living Room
  • Central Air

About This Home

As of December 2017

This beautiful maintained fully furnished 1BR/1BA condo is located in the Caine Woods community in North Ocean City and is within walking distance to the beach, busline, restaurants, a movie theater and other amusements. Features include a private deck, with a storage closet, an open floorplan, a fully equipped kitchen with a breakfast bar, an almost new (2016) heat pump system, newer carpet, a new (2017) refrigerator and a stack washer & dryer. Outside there is an abundance of off-street parking. Condo fees are just $1440 year.

Last Agent to Sell the Property

Michael Grimes

(410) 251-6821 montegomike@verizon.net Montego Bay Realty License #90378 Listed on: 09/14/2017

Last Buyer's Agent

Elaine Davidson

(267) 304-1550 elainedavidson@comcast.net RE/MAX Advantage Realty License #611737

RE/MAX Advantage Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,123

Year Built

  • Built in 1987

Lot Details

  • East Facing Home
  • Cleared Lot

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 590 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Living Room
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Home Security

Schools

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

Utilities

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

Additional Features

  • Deck
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 313694

Community Details

Overview

  • 12 Units
  • Low-Rise Condominium
  • Wanmar Villas II Community
  • Caine Woods Subdivision

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,123

Year Built

Built in 1987

Lot Details

0

HOA Fees

$120 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
  • Exclusions: Personal items
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Remarks Public: This beautiful maintained fully furnished 1BR/1BA condo is located in the Caine Woods community in North Ocean City and is within walking distance to the beach, busline, restaurants, a movie theater and other amusements. Features include a private deck, with a storage closet, an open floorplan, a fully equipped kitchen with a breakfast bar, an almost new (2016) heat pump system, newer carpet, a new (2017) refrigerator and a stack washer & dryer. Outside there is an abundance of off-street parking. Condo fees are just $1440 year.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Entry Floor: 2
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Door Features: Storm
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 590
  • Living Area Sq Ft: 590
  • Price Per Sq Ft: 203.22
  • Above Grade Finished Sq Ft: 590
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14301

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 260.40
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1440.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Outdoor Living Structures: Deck(s)
  • Zoning: RESIDENTIAL
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5423786
  • Assessor Parcel Number: 313694
  • County Tax Payment Frequency: Annually
  • Close Date: 12/29/2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
Akpapunam Kenneth Obiajulu and Akpapunam Angela Stroud
Bought by
Kaa Family Trust and Akpapunam
Current Estimated Value
$228,508

Purchase Details

Listed on
Sep 14, 2017
Closed on
Dec 29, 2017
Sold by
Mcfarland William Lee and Mcfarland Marcella
Bought by
Akpauman Kenneth O and Akpauman Angela S
Seller's Agent
Michael Grimes
Montego Bay Realty
Buyer's Agent
Elaine Davidson
RE/MAX Advantage Realty
List Price
$119,900
Sold Price
$119,000
Premium/Discount to List
-$900
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$95,200
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 1998
Sold by
Kyger Elmer O and Kyger Margaret M
Bought by
Mcfarland William Lee and Mcfarland Marcella

Purchase Details

Closed on
Jun 13, 1988
Sold by
Martellini Joseph and Martellini Wanda J
Bought by
Kyger Elmer O and Kyger Margaret M
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
Kaa Family Trust -- None Listed On Document
Kaa Family Trust -- None Listed On Document
Akpauman Kenneth O $119,000 Maryland Title Service
Mcfarland William Lee $52,000 --
Kyger Elmer O $56,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akpauman Kenneth O $95,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $119,000 -0.8% $202 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $119,900 -- $203 / 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 $2,123 $155,500 $0 $0
2024 $1,838 $131,700 $0 $0
2023 $1,516 $107,900 $53,900 $54,000
2022 $1,461 $103,967 $0 $0
2021 $1,414 $100,033 $0 $0
2020 $1,358 $96,100 $48,000 $48,100
2019 $1,367 $96,100 $48,000 $48,100
2018 $1,354 $96,100 $48,000 $48,100
2017 $1,608 $113,800 $0 $0
2016 -- $113,800 $0 $0
2015 $1,798 $113,800 $0 $0
2014 $1,798 $120,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000518684

Bright MLS

APN: 10-313694