NOT LISTED FOR SALE

14301 Tunnel Ave Unit 2C Ocean City, MD 21842

Estimated Value: $176,000 - $235,248

2 Beds
2 Baths
862 Sq Ft
$350/mo HOA Fee

Last Sold December 12, 2024

Last sale price $180,000 $209 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,726/month

126 Days on Market

Highlights

  • Open Floorplan
  • A-Frame Home
  • Balcony
  • Ocean City Elementary School Rated A
  • Breakfast Area or Nook
  • Walk-In Closet

About This Home

As of December 2024

Who wants to play in the sand? With this 2 bedroom 2 bath condo in Ocean City, YOU CAN!! With your imagination you can renovate this condo to your own personal taste.. You can have so much fun in any direction you travel.. Two minutes north and your in Delaware or cross over Coastal Hwy and enjoy the sandy beach! Enjoy 2 spacious bedrooms and 2 bathrooms in the unit. This well maintained and managed 3 story building had 30-40 year architectural shingle roof installed recently..The condo is designed for easy living, ensuring both comfort and peace of mind for residents and guests. With its prime location, you'll find a variety of restaurants and entertainment options at your fingertips. Will not last long, bring your tool belt and elbow grease and come and take a tour of this unit! Seller is motivated.... Bring your offer NOW!

Last Agent to Sell the Property

Lynnette Roscoe

(443) 513-0818 lynnette.roscoe@longandfoster.com Long & Foster Real Estate, Inc. License #530564 Listed on: 07/17/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Osvaldo Del Toro

(443) 386-5389 osvaldo.deltoro@exprealty.com EXP Realty, LLC License #532022

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,517

Year Built

  • Built in 1972

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 862 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Kitchen in Efficiency Studio
  • Electric Oven or Range
  • Built-In Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Paved Parking
  • Parking Lot
  • 2 Assigned Parking Spaces

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Balcony
  • Property is in average condition

Listing and Financial Details

  • Tax Lot 2C
  • Assessor Parcel Number 2410272173

Community Details

Overview

  • Association fees include lawn care front, lawn care rear, lawn care side, lawn maintenance, management, trash
  • Low-Rise Condominium
  • Sherwood Condos
  • Caine Woods Subdivision
  • Property Manager

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,517

Year Built

Built in 1972

Lot Details

0

HOA Fees

$350 per month

Listing Details

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

Interior Features

  • Appliances: Built-In Range, Dishwasher, Dryer - Electric, Oven/Range - Electric, Stove, Washer, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Efficiency, Bathroom - Tub Shower, Walk-In Closet(s)
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 862
  • Living Area Sq Ft: 862
  • Price Per Sq Ft: 255.22
  • Above Grade Finished Sq Ft: 862
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Paved Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1050.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Sherwood
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Average
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2517.00
  • Assessor Parcel Number: 2410272173
  • Tax Lot: 2C
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Dec 12, 2024
Sold by
Dupont Sylvia J and Dupont Terry O
Bought by
Sagastume William Estuardo and Sagastume Jenifer J
Seller's Agent
Lynnette Roscoe
Long & Foster Real Estate, Inc.
Buyer's Agent
Osvaldo Del Toro
EXP Realty, LLC
List Price
$257,000
Sold Price
$180,000
Premium/Discount to List
-$77,000
-29.96%
Views
157
Current Estimated Value
$214,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,062
Avg. Annual Appreciation
18.92%
Original Mortgage
$135,000
Outstanding Balance
$133,938
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$80,124

Purchase Details

Closed on
May 29, 1998
Sold by
Burke Charles E and Burke Gwen A
Bought by
Dupont Sylvia J and Dupont Terry O

Purchase Details

Closed on
Apr 1, 1993
Sold by
Timblin Thomas and Timblin Sandra
Bought by
Burke Charles E and Burke Gwen A

Purchase Details

Closed on
Jun 28, 1988
Sold by
Ridgeway Savings & Loan Assoc
Bought by
Timblin Thomas and Timblin Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
10.4%
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
Sagastume William Estuardo $180,000 Sage Title
Dupont Sylvia J $61,100 --
Burke Charles E $49,000 --
Timblin Thomas $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sagastume William Estuardo $135,000
Previous Owner Timblin Thomas $54,000
Closed Dupont Sylvia J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $180,000 -18.2% $209 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
10/02/2024 10/02/24 Price Changed $220,000 -7.9% $255 / Sq Ft
10/02/2024 10/02/24 Price Changed $239,000 -2.0% $277 / Sq Ft
09/14/2024 09/14/24 Price Changed $244,000 -0.8% $283 / Sq Ft
08/08/2024 08/08/24 Price Changed $245,900 -1.6% $285 / Sq Ft
07/22/2024 07/22/24 Price Changed $249,900 -2.8% $290 / Sq Ft
07/17/2024 07/17/24 For Sale $257,000 -- $298 / 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 $2,994 $219,233 $0 $0
2024 $1,519 $179,867 $0 $0
2023 $1,490 $140,500 $70,200 $70,300
2022 $1,445 $126,967 $0 $0
2021 $1,415 $113,433 $0 $0
2020 $81 $99,900 $49,900 $50,000
2019 $70 $99,900 $49,900 $50,000
2018 $1,402 $99,900 $49,900 $50,000
2017 $1,431 $138,700 $0 $0
2016 -- $137,000 $0 $0
2015 $1,076 $135,300 $0 $0
2014 $1,076 $133,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2022200

Bright MLS

APN: 10-272173