NOT LISTED FOR SALE

14309 Lighthouse Ave Unit 301 Ocean City, MD 21842

Estimated Value: $246,000 - $273,000

2 Beds
1.5 Baths
720 Sq Ft
$167/mo HOA Fee

Last Sold November 10, 2021

Last sale price $205,000 $285 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,693/month

Highlights

  • Central Air
  • Dogs and Cats Allowed
  • Heat Pump System
  • Ocean City Elementary School Rated A

About This Home

As of November 2021

CONTRACT FELL THROUGH - OPPORTUNITY KNOCKS! Terrific first floor condo in desirable Caine Woods neighborhood in north Ocean City. Freshly painted with all new flooring throughout. 2 bedrooms and 1 1/2 baths. Washer Dryer in unit as well. Easy walk to the beach and shops or restaurants. Your beach home awaits!

Last Agent to Sell the Property

Douglas Gardiner

(301) 404-6494 douglas.gardiner@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 09/21/2021

Long & Foster Real Estate, Inc.

Co-Listed By

Theresa Gardiner

(301) 693-5408 Theresa.Gardiner@longandfoster.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Shawn Kotwica

(724) 840-0572 shawn.kotwica@cbmove.com Coldwell Banker Realty License #653192

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,749

Year Built

  • Built in 1984

Lot Details

  • 0.5

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Stick Built Home

Interior Spaces

  • 720 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 301
  • Assessor Parcel Number 10-277175

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance
  • Low-Rise Condominium
  • Sonesta Ii, Phase II Community
  • Caine Woods Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,749

Year Built

Built in 1984

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
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 720
  • Living Area Sq Ft: 720
  • Price Per Sq Ft: 298.61
  • Above Grade Finished Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • 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: 500.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5420564
  • Tax Annual Amount: 1749.00
  • Assessor Parcel Number: 10-277175
  • Tax Lot: 301
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Nov 10, 2021
Sold by
Carter Arthur E and Carter Craig E
Bought by
Kotwica Shawn A and Kotwica Inna P
Seller's Agent
Douglas Gardiner
Long & Foster Real Estate, Inc.
Buyer's Agent
Shawn Kotwica
Coldwell Banker Realty
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%
Current Estimated Value
$255,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,395
Avg. Annual Appreciation
5.71%
Original Mortgage
$153,750
Outstanding Balance
$140,924
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$114,471

Purchase Details

Listed on
Nov 19, 2019
Closed on
Apr 23, 2020
Sold by
Howes Robert M and Howes Sandra L
Bought by
Carter Arthur E and Carter Laura D
Seller's Agent
Jennifer Smith
Keller Williams Realty
Buyer's Agent
Theresa Gardiner
Long & Foster Real Estate, Inc.
List Price
$148,000
Sold Price
$139,000
Premium/Discount to List
-$9,000
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.49%
Original Mortgage
$111,200
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2001
Sold by
Thomas Phillip C and Thomas Kathleen A
Bought by
Howes Robert M

Purchase Details

Closed on
Jun 15, 1990
Sold by
Donovan Patrick Lingard
Bought by
Thomas Phillip C and Thomas Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,900
Interest Rate
10.12%
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
Kotwica Shawn A $205,000 Bright Ttl & Stlmt Svcs Llc
Carter Arthur E $139,000 Rgs Title Llc
Howes Robert M $74,900 --
Thomas Phillip C $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotwica Shawn A $153,750
Previous Owner Carter Arthur E $111,200
Previous Owner Thomas Phillip C $39,900
Closed Howes Robert M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2021 11/10/21 Sold $205,000 -4.7% $285 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/17/2021 10/17/21 For Sale $215,000 0.0% $299 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $215,000 +54.7% $299 / Sq Ft
04/24/2020 04/24/20 Sold $139,000 -4.1% $193 / Sq Ft View Prior Sale
03/17/2020 03/17/20 Pending -- -- --
01/17/2020 01/17/20 Price Changed $145,000 -2.0% $201 / Sq Ft
11/19/2019 11/19/19 For Sale $148,000 -- $206 / 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 $2,248 $164,633 $0 $0
2024 $2,083 $149,267 $0 $0
2023 $1,882 $133,900 $66,900 $67,000
2022 $1,740 $123,800 $0 $0
2021 $1,607 $113,700 $0 $0
2020 $1,469 $103,600 $51,800 $51,800
2019 $1,474 $103,600 $51,800 $51,800
2018 $1,459 $103,600 $51,800 $51,800
2017 $1,655 $116,600 $0 $0
2016 -- $116,600 $0 $0
2015 $1,728 $116,600 $0 $0
2014 $1,728 $116,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Douglas Gardiner

    Seller's Agent in 2021

    Douglas Gardiner

    Long & Foster

    (301) 404-6494

    2 in this area

    198 Total Sales

    Douglas Gardiner
    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Theresa Gardiner

    Long & Foster

    (301) 693-5408

    2 in this area

    10 Total Sales

    Theresa Gardiner
    Section Image
  • Shawn Kotwica

    Buyer's Agent in 2021

    Shawn Kotwica

    Coldwell Banker Realty

    (724) 840-0572

    120 in this area

    231 Total Sales

    Shawn Kotwica
    Section Image
  • Jennifer Smith

    Seller's Agent in 2020

    Jennifer Smith

    Keller Williams Realty

    (410) 320-6735

    14 in this area

    65 Total Sales

    Jennifer Smith
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2002306

Bright MLS

APN: 10-277175

Maryland Worcester County Ocean City 21842

14309 Lighthouse Ave Unit 301, Ocean City, MD

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