NOT LISTED FOR SALE

14307 Lighthouse Ave Unit 102 Ocean City, MD 21842

Estimated Value: $217,000 - $266,000

2 Beds
1 Bath
672 Sq Ft
$150/mo HOA Fee

Last Sold April 19, 2019

Last sale price $135,000 $201 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,587/month

Highlights

  • Contemporary Architecture
  • Ocean City Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of April 2019

Calling ALL Investors * Run the numbers * Interest rates are still low and rental income is high * Summer Seasonal $9200 with additional winter rental of $4200. or rent year round at a rate of $1000/month (all scenarios tenants pay the utilities). 2 Bedrooms 1 Bath 1st floor condo * Central Heat and AC * Washer/Dryer * Full Kitchen * 143rd Street Caine Woods Location *

Last Agent to Sell the Property

Grace Masten

(443) 614-3901 grace@northbeachrealtors.com Sea Grace @ North Beach Realtors Listed on: 12/19/2018

Co-Listed By

Erik Dowell

erik@northbeachrealtors.com Sea Grace @ North Beach Realtors

Last Buyer's Agent

Erik Dowell

erik@northbeachrealtors.com Sea Grace @ North Beach Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,366

Year Built

  • Built in 1983

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 672 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include exterior building maintenance, common area maintenance, insurance, lawn maintenance
  • Low-Rise Condominium
  • Sonesta Condos
  • Sonesta Community

Listing and Financial Details

  • Assessor Parcel Number 10-270472

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,366

Year Built

Built in 1983

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1983
  • Remarks Public: Calling ALL Investors * Run the numbers * Interest rates are still low and rental income is high * Summer Seasonal $9200 with additional winter rental of $4200. or rent year round at a rate of $1000/month (all scenarios tenants pay the utilities). 2 Bedrooms 1 Bath 1st floor condo * Central Heat and AC * Washer/Dryer * Full Kitchen * 143rd Street Caine Woods Location *
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 672
  • Living Area Sq Ft: 672
  • Price Per Sq Ft: 215.77
  • Above Grade Finished Sq Ft: 672
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14307

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Spa: No
  • 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
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 450.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Sonesta
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Common Area Maintenance, Insurance, Lawn Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5417895
  • Tax Annual Amount: 1366.00
  • Assessor Parcel Number: 10-270472
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 04/19/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
Apr 19, 2019
Sold by
Franschetti S Restaurant Inc
Bought by
Demarco Victor
Seller's Agent
Grace Masten
Sea Grace @ North Beach Realtors
Buyer's Agent
Erik Dowell
Sea Grace @ North Beach Realtors
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%
Current Estimated Value
$240,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,654
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Jan 13, 1998
Sold by
Buclous Samuel L and Buclous Daisy D
Bought by
Fraschetti'S Restaurant Inc

Purchase Details

Closed on
Apr 6, 1984
Sold by
Commonwealth Development Corp
Bought by
Buclous Samuel L and Buclous Daisy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,500
Interest Rate
13.63%
Source: Public Records

Range of Values:

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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
Demarco Victor $135,000 None Available
Fraschetti'S Restaurant Inc $41,000 --
Buclous Samuel L $43,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buclous Samuel L $39,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2019 04/19/19 Sold $135,000 -6.9% $201 / Sq Ft
03/27/2019 03/27/19 For Sale $145,000 0.0% $216 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
12/19/2018 12/19/18 For Sale $145,000 0.0% $216 / Sq Ft
05/15/2014 05/15/14 Rented $8,000 +841.2% --
02/19/2014 02/19/14 Under Contract -- -- --
01/31/2014 01/31/14 For Rent $850 -- --
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 $2,098 $153,633 $0 $0
2024 $1,943 $139,267 $0 $0
2023 $1,755 $124,900 $62,400 $62,500
2022 $1,623 $115,500 $0 $0
2021 $1,499 $106,100 $0 $0
2020 $1,366 $96,700 $48,300 $48,400
2019 $1,376 $96,700 $48,300 $48,400
2018 $1,362 $96,700 $48,300 $48,400
2017 $1,545 $108,800 $0 $0
2016 -- $108,800 $0 $0
2015 $1,613 $108,800 $0 $0
2014 $1,613 $108,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Grace Masten

    Seller's Agent in 2019

    Grace Masten

    Sea Grace @ North Beach Realtors

    (443) 614-3901

    47 in this area

    77 Total Sales

    Grace Masten
    Section Image
  • Erik Dowell

    Seller Co-Listing Agent in 2019

    Erik Dowell

    Sea Grace @ North Beach Realtors

    37 in this area

    53 Total Sales

    Erik Dowell
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO101810

Bright MLS

APN: 10-247470

Maryland Worcester County Ocean City 21842

14307 Lighthouse Ave Unit 102, Ocean City, MD

This home is located at 14307 Lighthouse Ave Unit 102, Ocean City, MD 21842 since 19 December 2018 and is currently estimated at $240,654, approximately $358 per square foot. This property was built in 1983. 14307 Lighthouse Ave Unit 102 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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