NOT LISTED FOR SALE

14301 Tunnel Ave Unit 3C Ocean City, MD 21842

Estimated Value: $233,000 - $293,000

2 Beds
2 Baths
862 Sq Ft
$167/mo HOA Fee

Last Sold April 13, 2018

Last sale price $118,000 $137 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,813/month

93 Days on Market

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Ocean City Elementary School Rated A

About This Home

As of April 2018

Updated Two Bedroom, Two Bathroom, Walk to the beach! Freshly Repainted, new carpets and updated bathrooms

Last Agent to Sell the Property

Jennie Mama

ma4jen@aol.com Compass Resort Real Estate Listed on: 12/11/2017

Last Buyer's Agent

Cindy Purcell

(410) 726-2586 cindypurcell@remax.net RE/MAX Advantage Realty License #RS-0016484

RE/MAX Advantage Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 862 Sq Ft Home
  • Insulated Windows
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Garage Space
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Balcony
  • Cleared Lot
  • Flood Risk

Community Details

  • Sherwood I Community

Listing and Financial Details

  • Tax Lot 3C
  • Assessor Parcel Number 272289

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Window Features: Insulated
  • Foundation Details: Block
  • Living Area Units: Square Feet
  • Total Sq Ft: 862
  • Living Area Sq Ft: 862
  • Price Per Sq Ft: 150.70
  • Above Grade Finished Sq Ft: 862
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Wood 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

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Off Street
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2000.00
  • 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
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5420130
  • Assessor Parcel Number: 272289
  • Tax Lot: 3C
  • 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
Dec 11, 2017
Closed on
Apr 13, 2018
Sold by
Mama Jennie M
Bought by
Hetzel Marcia D
Seller's Agent
Jennie Mama
Compass Resort Real Estate
Buyer's Agent
Cindy Purcell
RE/MAX Advantage Realty
List Price
$129,900
Sold Price
$118,000
Premium/Discount to List
-$11,900
-9.16%
Current Estimated Value
$265,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,375
Avg. Annual Appreciation
11.16%
Original Mortgage
$88,500
Outstanding Balance
$76,144
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$189,231

Purchase Details

Closed on
May 30, 1990
Sold by
Ridgeway Savings & Loan Inc
Bought by
Mama Jennie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
10.33%

Purchase Details

Closed on
Jun 26, 1989
Sold by
Griffith Robert L and Griffith Tedejane
Bought by
Ridgeway Savings & Loan Inc

Purchase Details

Closed on
Jun 7, 1985
Sold by
Rouen David L and Rouen Nancy G
Bought by
Griffith Robert L and Griffith Tedejane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
12.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hetzel Marcia D $118,000 Capitol Title Ins Agency
Mama Jennie M $52,000 --
Ridgeway Savings & Loan Inc $55,000 --
Griffith Robert L $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hetzel Marcia D $88,500
Previous Owner Mama Jennie M $46,800
Previous Owner Griffith Robert L $62,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold $118,000 -9.2% $137 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
12/10/2017 12/10/17 For Sale $129,900 -- $151 / 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 $2,510 $179,867 $0 $0
2023 $1,975 $140,500 $70,200 $70,300
2022 $1,784 $126,967 $0 $0
2021 $1,603 $113,433 $0 $0
2020 $1,411 $99,900 $49,900 $50,000
2019 $1,421 $99,900 $49,900 $50,000
2018 $1,407 $99,900 $49,900 $50,000
2017 $1,945 $138,700 $0 $0
2016 -- $137,000 $0 $0
2015 $1,924 $135,300 $0 $0
2014 $1,924 $133,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jennie Mama

    Compass Resort Real Estate

  • Cindy Purcell

    Buyer's Agent in 2018

    Cindy Purcell

    RE/MAX

    (410) 726-2586

    29 in this area

    49 Total Sales

    Cindy Purcell
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000520294

Bright MLS

APN: 10-272289

Maryland Worcester County Ocean City 21842

14301 Tunnel Ave Unit 3C, Ocean City, MD

Not Listed for Sale

Condos

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