NOT LISTED FOR SALE

14301 Tunnel Ave Unit 3E Ocean City, MD 21842

Estimated Value: $249,000 - $293,000

2 Beds
2 Baths
862 Sq Ft
$217/mo HOA Fee

Last Sold October 26, 2023

Last sale price $264,500 $307 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,854/month

51 Days on Market

Highlights

  • Central Air
  • Wood Siding
  • Heat Pump System
  • Ocean City Elementary School Rated A

About This Home

As of October 2023

This is your opportunity to own your own "beach getaway" or "investment/rental" property. This two bedroom, two full bath offers a spacious living/ breakfast area and updated kitchen. Large owner's suite with private balcony. This unit is move in ready and fully finished. Enjoy the close proximity of dining, shopping and the ocean. Excellent location to appreciate all Ocean City has to offer.

Last Agent to Sell the Property

Nina Littleton

(410) 430-9481 nina.littleton@cbmove.com Coldwell Banker Realty Listed on: 07/31/2023

Coldwell Banker Realty

Last Buyer's Agent

Kimberly Lucido-McCabe

(443) 497-0438 yourislandrealtor@comcast.net Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,790

Year Built

  • Built in 1972

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 3rd floor
  • Wood Siding

Interior Spaces

  • 862 Sq Ft Home
  • Property has 3 Levels
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2410272300

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,790

Year Built

Built in 1972

Lot Details

0

HOA Fees

$217 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
  • Inclusions: Washer/Dryer, Refrigerator, Stove, Dishwasher, Fully Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 3
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 862
  • Living Area Sq Ft: 862
  • Price Per Sq Ft: 306.84
  • 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
  • Construction Materials: Wood Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: 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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 650.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1790.00
  • Assessor Parcel Number: 2410272300
  • Tax Year: 2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Oct 20, 2023
Sold by
Stegena Andrew R and Stegena Lindsay L
Bought by
Keane Brooke D
Seller's Agent
Nina Littleton
Coldwell Banker Realty
Buyer's Agent
Kimberly Lucido-McCabe
Keller Williams Realty Delmarva
List Price
$289,000
Sold Price
$264,500
Premium/Discount to List
-$24,500
-8.48%
Views
405
Current Estimated Value
$271,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,687
Avg. Annual Appreciation
1.18%
Original Mortgage
$251,275
Outstanding Balance
$246,390
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$24,797

Purchase Details

Listed on
Oct 5, 2022
Closed on
Oct 27, 2022
Sold by
Rugel Christian Leopoldo
Bought by
Stegena Andrew R and Stegena Lindsay L
Seller's Agent
Rochelle Walker
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Nina Littleton
Coldwell Banker Realty
List Price
$228,000
Sold Price
$232,000
Premium/Discount to List
$4,000
1.75%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.01%

Purchase Details

Listed on
Aug 25, 2020
Closed on
Dec 7, 2020
Sold by
Hahn Frederick C
Bought by
Rugel Christian Leopoldo
Seller's Agent
Danny Taglienti
Keller Williams Realty
Buyer's Agent
Jim Stephens
EXP Realty, LLC
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.87%
Original Mortgage
$148,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2015
Sold by
Harper Angela and Chase Angela
Bought by
Hahn Frederick C

Purchase Details

Closed on
Jun 21, 2005
Sold by
Van L& Farms Inc
Bought by
Angela Chase

Purchase Details

Closed on
Jun 3, 2003
Sold by
Tregoe Paul M
Bought by
Van Land Farms Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Keane Brooke D $264,500 Maryland Title
Keane Brooke D $264,500 Maryland Title
Stegena Andrew R $232,000 --
Rugel Christian Leopoldo $165,000 Mid Atlantic Title Llc
Hahn Frederick C $105,000 Attorney
Angela Chase $211,000 --
Van Land Farms Inc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keane Brooke D $251,275
Closed Keane Brooke D $251,275
Previous Owner Rugel Christian Leopoldo $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2023 10/26/23 Sold $264,500 -1.7% $307 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/28/2023 08/28/23 Price Changed $269,000 -3.6% $312 / Sq Ft
08/13/2023 08/13/23 Price Changed $279,000 -3.5% $324 / Sq Ft
07/31/2023 07/31/23 For Sale $289,000 +24.6% $335 / Sq Ft
10/27/2022 10/27/22 Sold $232,000 +1.8% $269 / Sq Ft View Prior Sale
10/09/2022 10/09/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $228,000 +38.2% $265 / Sq Ft
12/08/2020 12/08/20 Sold $165,000 -5.7% $191 / Sq Ft View Prior Sale
09/09/2020 09/09/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $175,000 -- $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 $2,520 $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 $1,924 $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

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Map

Source: Bright MLS

MLS Number: MDWO2015494

Bright MLS

APN: 10-272300