NOT LISTED FOR SALE

14301 Tunnel Ave Unit 1A Ocean City, MD 21842

Estimated Value: $392,000 - $542,000

5 Beds
3 Baths
1,600 Sq Ft
$167/mo HOA Fee

Last Sold September 25, 2020

Last sale price $310,000 $194 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,936/month

268 Days on Market

Highlights

  • Main Floor Bedroom
  • Great Room
  • Stainless Steel Appliances
  • Ocean City Elementary School Rated A
  • Upgraded Countertops
  • Central Air

About This Home

As of September 2020

This 5BR/3BA totally remodeled condo has new upgrades throughout and is a must to see property. This is the perfect second home, investment property or primary residence. You will fall in love with the attention to detail, design and utilization of space. The kitchen has granite countertops and stainless steel appliances, and the 5 bedrooms and 3 baths make this the perfect beach home for your family and friends. There are 2 separate living areas and multiple decks, and this first floor unit has plenty of room out back to walk the dog or just pull up a chair and relax. The low condo fees of $500 a quarter covers your master flood insurance and maintenance and repairs to the building exterior. This condo is close to the beach, Northside Park, restaurants and shops. It is located in Caine Woods in North Ocean City. Come take a look today and move on in!!! Offered at $349,900.

Last Agent to Sell the Property

Nancy Reither

(410) 603-5050 nreither@cbmove.com Coldwell Banker Realty Listed on: 11/29/2019

Coldwell Banker Realty

Last Buyer's Agent

Mary Fitzgerald

(410) 960-8103 marypatfitzgeraldrealtor@gmail.com Cummings & Co. Realtors

Cummings & Co. Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,617

Year Built

  • Built in 1972

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Stick Built Home

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 1 Level
  • Great Room
  • Family Room

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • Private Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Property is in very good condition
  • Flood Risk

Community Details

  • Association fees include common area maintenance, exterior building maintenance
  • Low-Rise Condominium
  • Sherwood I Community

Listing and Financial Details

  • Tax Lot 1A
  • Assessor Parcel Number 10-272092

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,617

Year Built

Built in 1972

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Sold unfurnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 1
  • Interior Amenities: Entry Level Bedroom, Upgraded Countertops
  • Levels Count: 1
  • Room List: Kitchen, Family Room, Great Room
  • Basement: No
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 203.06
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • 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: Frame, Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private, Paved Parking
  • Type Of Parking: Off Street, Parking Lot

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 500.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Good, Very Good
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5420113
  • Tax Annual Amount: 3617.00
  • Assessor Parcel Number: 10-272092
  • Tax Lot: 1A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2019
Closed on
Sep 25, 2020
Sold by
Nicolle Heather M
Bought by
Clark Joseph Michael and Clark Michelle Green
Seller's Agent
Nancy Reither
Coldwell Banker Realty
Buyer's Agent
Mary Fitzgerald
Cummings & Co. Realtors
List Price
$349,900
Sold Price
$310,000
Premium/Discount to List
-$39,900
-11.4%
Current Estimated Value
$464,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,087
Avg. Annual Appreciation
8.07%
Original Mortgage
$110,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2019
Sold by
Motes Mary Jane
Bought by
Nicolle Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1994
Sold by
York Federal Savings & Loan
Bought by
Motes John R and Jayne Mary

Purchase Details

Closed on
Aug 30, 1991
Sold by
Hueston Patricia J
Bought by
West Bobby Lee and West Mary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,906
Interest Rate
9.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Clark Joseph Michael $310,000 Mid Atlantic Title Llc
Nicolle Heather M $160,000 Acquest Title Services Inc
Motes John R $75,000 --
West Bobby Lee $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Joseph Michael $110,000
Previous Owner Nicolle Heather M $110,000
Previous Owner West Bobby Lee $78,906
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $310,000 -4.6% $194 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/18/2020 08/18/20 Price Changed $324,900 -3.0% $203 / Sq Ft
08/10/2020 08/10/20 Price Changed $334,900 -1.5% $209 / Sq Ft
07/07/2020 07/07/20 Price Changed $339,900 -1.4% $212 / Sq Ft
06/12/2020 06/12/20 Price Changed $344,900 -1.4% $216 / Sq Ft
11/29/2019 11/29/19 For Sale $349,900 -- $219 / 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 $3,933 $288,000 $0 $0
2024 $3,795 $272,000 $0 $0
2023 $3,598 $256,000 $128,000 $128,000
2022 $3,598 $256,000 $128,000 $128,000
2021 $3,618 $256,000 $128,000 $128,000
2020 $3,204 $256,000 $128,000 $128,000
2019 $3,204 $256,000 $128,000 $128,000
2018 $3,615 $256,000 $128,000 $128,000
2017 $3,027 $256,000 $0 $0
2016 -- $254,400 $0 $0
2015 -- $252,800 $0 $0
2014 $2,331 $251,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO110680

Bright MLS

APN: 10-272092