NOT LISTED FOR SALE

14301 Tunnel Ave Unit 3I Ocean City, MD 21842

Estimated Value: $254,111 - $293,000

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

Last Sold September 05, 2019

Last sale price $145,000 $168 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,865/month

139 Days on Market

Highlights

  • Deck
  • Furnished
  • Outdoor Storage
  • Ocean City Elementary School Rated A
  • Balcony
  • Central Air

About This Home

As of September 2019

Unit #3I in Sherwood I is a fully-furnished, never rented, non-smoking 2-bedroom condo with 2 full bathrooms. This top floor end-unit is located in the peaceful and desirable Caine Woods neighborhood in North Ocean City. In addition to the breakfast bar, this lovely turnkey home features a separate dining area with a north-facing window. There is a private west-facing balcony with a storage closet, as well as a 15' high accessible attic for extra storage space. The 2nd bathroom has dual-access from both the living area and the guest bedroom. Central A/C and heat pump.

Last Agent to Sell the Property

Palma Devic

(443) 735-6334 palma@century21newhorizon.com Century 21 New Horizon License #79210 Listed on: 03/18/2019

Century 21 New Horizon

Last Buyer's Agent

Pedro Meneses

(240) 393-6756 pedro@monarchdmv.com Real Broker, LLC License #601233

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,421

Year Built

  • Built in 1972

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Frame Construction
  • Asphalt Roof
  • Stick Built Home

Interior Spaces

  • 862 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Storage

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Municipal Trash

Community Details

  • 27 Units
  • Low-Rise Condominium
  • Built by Sherwood
  • Sherwood I Community
  • Caine Woods Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 7158A
  • Assessor Parcel Number 10-272343

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,421

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: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Stove, Refrigerator, Washer/Dryer Stacked, Exhaust Fan
  • Entry Floor: 3
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 862
  • Living Area Sq Ft: 862
  • Price Per Sq Ft: 168.10
  • 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: Frame, Stick Built
  • Exterior Features: Secure Storage
  • Roof: Asphalt
  • 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
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2000.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: 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: BERLIN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning: R-2
  • In City Limits: Yes

Building Info

  • Builder Name: Sherwood

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5420136
  • Tax Annual Amount: 1421.00
  • Assessor Parcel Number: 10-272343
  • Tax Lot: 7158A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
Meneses Pedro and Meneses Sonia
Bought by
Gonzalez Paola Andrea and Gonzalez Diaz Ingird
Current Estimated Value
$275,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$186,322
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$88,956

Purchase Details

Listed on
Mar 18, 2019
Closed on
Sep 5, 2019
Sold by
Meneses Pedro
Bought by
Meneses Pedro and Meneses Sonia
Seller's Agent
Palma Devic
Century 21 New Horizon
Buyer's Agent
Pedro Meneses
Real Broker, LLC
List Price
$144,900
Sold Price
$145,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
Original Mortgage
$130,500
Interest Rate
3.65%

Purchase Details

Listed on
Mar 18, 2019
Closed on
Sep 4, 2019
Sold by
Kleinman Joseph P and Guglielmi Daniela K
Bought by
Meneses Pedro
Seller's Agent
Palma Devic
Century 21 New Horizon
Buyer's Agent
Pedro Meneses
Real Broker, LLC
List Price
$144,900
Sold Price
$145,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
3.65%

Purchase Details

Closed on
Apr 12, 2000
Sold by
Porter Larry and Porter Susan
Bought by
Kleinman Joseph P and Guglielmi Daniela K

Purchase Details

Closed on
Feb 14, 1985
Sold by
Rouen David L and Rouen Nancy G
Bought by
Porter Larry and Porter Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
12.91%
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
Gonzalez Paola Andrea $225,000 Fidelity National Ttl Ins Co
Meneses Pedro -- Cla Title & Escrow
Meneses Pedro $145,000 Cla Title & Escrow
Kleinman Joseph P $61,000 --
Porter Larry $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Paola Andrea $202,500
Previous Owner Meneses Pedro $130,500
Previous Owner Porter Larry $63,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2019 09/05/19 Sold $145,000 +0.1% $168 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $144,900 -- $168 / 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 $1,417 $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

  • Palma Devic

    Seller's Agent in 2019

    Palma Devic

    Century 21 New Horizon

    (443) 735-6334

    6 in this area

    6 Total Sales

    Palma Devic
    Section Image
  • Pedro Meneses

    Buyer's Agent in 2019

    Pedro Meneses

    Real Broker, LLC

    (240) 393-6756

    55 Total Sales

    Pedro Meneses
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO104424

Bright MLS

APN: 10-272343

Maryland Worcester County Ocean City 21842

14301 Tunnel Ave Unit 3I, Ocean City, MD

Not Listed for Sale

Condos

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