NOT LISTED FOR SALE

14305 Lighthouse Ave Unit C Ocean City, MD 21842

Estimated Value: $279,514 - $303,000

2 Beds
2 Baths
900 Sq Ft
$323/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $252,500 $281 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,070/month

Highlights

  • Community Pool
  • Tennis Courts
  • Heat Pump System
  • Ocean City Elementary School Rated A
  • Central Air

About This Home

As of May 2022

This unique 2 bedroom 2 bathroom Condo is part of a North Ocean condo building with only 3 units. Located in the tranquil Caine Woods and only 3 blocks to the beach. This unit has vaulted ceilings in the kitchen and living area with skylights for a nice bright living space. Conveniently located in walking distance to Shopping, Movies, Mini Golf, Restaurants, Bars, and the Bus. Enjoy the outdoors on a large front deck with electric awning. 2021 Gross Rental Income $25k.

Last Agent to Sell the Property

Jake Spence

(302) 598-6858 jake.spence@cbmove.com Berkshire Hathaway HomeServices PenFed Realty License #5001452 Listed on: 03/03/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Dale Rickenbach

(301) 332-9415 dale@beltwaytothebeach.com Cummings & Co. Realtors License #90241

Cummings & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,340

Year Built

  • Built in 1990

Lot Details

  • 7,318

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Block Foundation
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number 2410327458

Community Details

Overview

  • Association fees include common area maintenance, management, reserve funds
  • Lighthouse Cove Community

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,340

Year Built

Built in 1990

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-03-04
  • Federal Flood Zone: No
  • Year Built: 1990
  • Automatically Close On Close Date: Yes
  • Remarks Public: This unique 2 bedroom 2 bathroom Condo is part of a North Ocean condo building with only 3 units. Located in the tranquil Caine Woods and only 3 blocks to the beach. This unit has vaulted ceilings in the kitchen and living area with skylights for a nice bright living space. Conveniently located in walking distance to Shopping, Movies, Mini Golf, Restaurants, Bars, and the Bus. Enjoy the outdoors on a large front deck with electric awning. 2021 Gross Rental Income $25k.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 277.78
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14305

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: Stick Built, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

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
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 300.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5425010
  • Tax Annual Amount: 2340.00
  • Assessor Parcel Number: 2410327458
  • Tax Lot: C
  • Tax Total Finished Sq Ft: 900
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/03/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Apr 4, 2022
Sold by
Walton Scott J
Bought by
Emond Michael and Roney Christine
Seller's Agent
Jake Spence
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Dale Rickenbach
Cummings & Co. Realtors
List Price
$250,000
Sold Price
$252,500
Premium/Discount to List
$2,500
1%
Current Estimated Value
$290,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,379
Avg. Annual Appreciation
4.19%
Original Mortgage
$202,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2016
Sold by
Walton Rhonda L and Walton Scott J
Bought by
Walton Scott J

Purchase Details

Closed on
Dec 19, 2006
Sold by
Miller George B
Bought by
Walton Scott J and Dilutis Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,325
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2006
Sold by
Miller George B
Bought by
Walton Scott J and Dilutis Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,325
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 1999
Sold by
Sheats Gilmour K
Bought by
Miller George B

Purchase Details

Closed on
May 6, 1991
Sold by
Wolfrey Wolfrey W and Wolfrey Cynthia E
Bought by
Sheats Gilmour K
Source: Public Records

Range of Values:

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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
Emond Michael $252,500 Ridgway Michael C
Walton Scott J -- Attorney
Walton Scott J $223,500 --
Walton Scott J $223,500 --
Miller George B $69,000 --
Sheats Gilmour K $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emond Michael $202,000
Previous Owner Walton Scott J $212,325
Previous Owner Walton Scott J $212,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2022 05/03/22 Sold $252,500 +1.0% $281 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $250,000 -- $278 / 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 $2,925 $214,200 $0 $0
2024 $2,650 $189,900 $0 $0
2023 $2,334 $165,600 $82,800 $82,800
2022 $2,327 $165,600 $82,800 $82,800
2021 $2,340 $165,600 $82,800 $82,800
2020 $2,349 $165,600 $82,800 $82,800
2019 $2,356 $165,600 $82,800 $82,800
2018 $2,332 $165,600 $82,800 $82,800
2017 $2,351 $165,600 $0 $0
2016 -- $165,600 $0 $0
2015 $2,290 $165,600 $0 $0
2014 $2,290 $165,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jake Spence

    Seller's Agent in 2022

    Jake Spence

    BHHS PenFed (actual)

    (302) 598-6858

    20 in this area

    43 Total Sales

    Jake Spence
    Section Image
  • Dale Rickenbach

    Buyer's Agent in 2022

    Dale Rickenbach

    Cummings & Co. Realtors

    (301) 332-9415

    6 in this area

    48 Total Sales

    Dale Rickenbach
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2006116

Bright MLS

APN: 10-327458

Maryland Worcester County Ocean City 21842

14305 Lighthouse Ave Unit C, Ocean City, MD

This home is located at 14305 Lighthouse Ave Unit C, Ocean City, MD 21842 since 03 March 2022 and is currently estimated at $290,879, approximately $323 per square foot. This property was built in 1990. 14305 Lighthouse Ave Unit C is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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