NOT LISTED FOR SALE

14307 Lighthouse Ave Unit 202 Ocean City, MD 21842

Estimated Value: $231,527 - $395,000

2 Beds
1 Bath
672 Sq Ft
$137/mo HOA Fee

Last Sold August 17, 2018

Last sale price $110,000 $164 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,802/month

Highlights

  • Porch
  • Storm Windows
  • Stacked Washer and Dryer
  • Ocean City Elementary School Rated A
  • Central Air
  • Heat Pump System

About This Home

As of August 2018

The perfect beach getaway! This 2BR 1BA condo is perfectly situated in close proximity to everything North OC has to offer. Mere steps to the North Bus Depot, movie theatre, restaurants and 3 blocks from the beach. Come down to the beach, park your car and start relaxing in this low maintenance, worry free oasis. Potential year round rental income of $1,000 per month and potentially more for seasonal rentals!

Last Agent to Sell the Property

Marc Bouloucon

(443) 373-3359 marc@debeachliving.com Coldwell Banker Realty License #RS-0024670 Listed on: 11/03/2017

Coldwell Banker Realty

Co-Listed By

Courtney Bouloucon

(443) 373-9594 Courtney@CourtneySellsTheBeach.com Coldwell Banker Realty License #RS-0023099

Last Buyer's Agent

Sandy Dougan

(410) 726-6557 sdouganrealtor@yahoo.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS0024742

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,052

Year Built

  • Built in 1983

HOA Fees

  • $137 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 672 Sq Ft Home
  • Property has 1 Level
  • Window Treatments
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • Flood Risk

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 247500

Community Details

Overview

  • Association fees include common area maintenance, insurance
  • Sonesta HOA
  • Low-Rise Condominium
  • Sonesta Community

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,052

Year Built

Built in 1983

Lot Details

0

HOA Fees

$137 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
  • Federal Flood Insurance: Unknown
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Remarks Public: The perfect beach getaway! This 2BR 1BA condo is perfectly situated in close proximity to everything North OC has to offer. Mere steps to the North Bus Depot, movie theatre, restaurants and 3 blocks from the beach. Come down to the beach, park your car and start relaxing in this low maintenance, worry free oasis. Potential year round rental income of $1,000 per month and potentially more for seasonal rentals!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Window Treatments
  • Window Features: Storm
  • Door Features: Storm
  • Foundation Details: Block
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 672
  • Living Area Sq Ft: 672
  • Price Per Sq Ft: 170.98
  • 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: Frame, Vinyl 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: Assigned
  • Type Of Parking: Off Street

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 Sewer Expenses: 667.60
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1640.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance
  • HOA Name: SONESTA
  • HOA: Yes
  • 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
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Outdoor Living Structures: Porch(es)
  • Zoning: RESIDENTIAL
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2052.00
  • Assessor Parcel Number: 247500
  • Tax Lot: 202
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/17/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2017
Closed on
Aug 17, 2018
Sold by
Walter Alan Scott
Bought by
Brownlee Nicholas Aaron and Brownlee Iolanda Sabrina
Seller's Agent
Marc Bouloucon
Coldwell Banker Realty
Buyer's Agent
Sandy Dougan
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$129,000
Sold Price
$110,000
Premium/Discount to List
-$19,000
-14.73%
Current Estimated Value
$284,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,132
Avg. Annual Appreciation
14.07%
Original Mortgage
$99,000
Outstanding Balance
$85,977
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$198,155

Purchase Details

Closed on
May 12, 2010
Sold by
Deutsche Bank National Trust
Bought by
Scott Walter Alan

Purchase Details

Closed on
Sep 2, 2009
Sold by
Betz Janet
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Mar 9, 2005
Sold by
Aldridge Paul J
Bought by
Janet Betz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2004
Sold by
Aldridge Paul J
Bought by
Janet Betz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 1996
Sold by
Oravetz Edelen Penelope
Bought by
Aldridge Paul J
Source: Public Records

Range of Values:

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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
Brownlee Nicholas Aaron $110,000 Capitol Title Ins Agcy
Scott Walter Alan $80,100 --
Deutsche Bank National Trust Co $152,317 --
Janet Betz $155,000 --
Janet Betz $155,000 --
Aldridge Paul J $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brownlee Nicholas Aaron $99,000
Previous Owner Janet Betz $139,500
Previous Owner Janet Betz $139,500
Closed Aldridge Paul J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $110,000 -4.3% $164 / Sq Ft
07/08/2018 07/08/18 Pending -- -- --
05/03/2018 05/03/18 Price Changed $114,900 -4.2% $171 / Sq Ft
01/03/2018 01/03/18 Price Changed $119,900 -4.0% $178 / Sq Ft
12/08/2017 12/08/17 Price Changed $124,900 -3.2% $186 / Sq Ft
11/18/2017 11/18/17 Price Changed $129,000 0.0% $192 / Sq Ft
11/18/2017 11/18/17 For Sale $129,000 +8.4% $192 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $119,000 -- $177 / 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 $2,098 $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

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Map

Source: Bright MLS

MLS Number: 1001560236

Bright MLS

APN: 10-247500