NOT LISTED FOR SALE

14309 Lighthouse Ave Unit 303 Ocean City, MD 21842

Estimated Value: $239,000 - $273,000

2 Beds
1.5 Baths
720 Sq Ft
$150/mo HOA Fee

Last Sold May 23, 2019

Last sale price $141,000 $196 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,660/month

Highlights

  • Corner Lot
  • Furnished
  • Paneling
  • Ocean City Elementary School Rated A
  • Eat-In Kitchen
  • Community Playground

About This Home

As of May 2019

Cozy 2 Bedroom, 1 1/2 bath, First Floor , Frame building, END UNIT, east/west exposure, furnished, four blocks to beach, park and walk to restaurants, shopping in North End of Ocean City. Self Managed, condo association .meets every fall and spring, off street parking, low condo fees, great location. Seller will pay assessment for parking lot paving to be completed Spring 2019.

Last Agent to Sell the Property

Ms. Katherine A Panco

(443) 235-6222 kathy@kathypanco.com Berkshire Hathaway HomeServices PenFed Realty License #66133 Listed on: 09/24/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Benjamin Dawson

bendawson@beachin.net Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 1984

Lot Details

  • No Units Located Below
  • 1 Common Wall
  • East Facing Home

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Built-Up Roof
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Paneling
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Location

  • Flood Risk

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7174A
  • Assessor Parcel Number 10-277191

Community Details

Overview

  • Association fees include common area maintenance, insurance
  • Low-Rise Condominium
  • Sonesta II Condos, Phone Number (443) 944-1662
  • Sonesta Ii, Phase II Community
  • Caine Woods Subdivision
  • Property Manager

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,474

Year Built

Built in 1984

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: Unit/Flat
  • Ownership: Fee Simple
  • Exclusions: Wall Hangings, Tools, TVs ,2 Fisherman Lamps, Personal items
  • Historic: No
  • Home Warranty: No
  • Inclusions: As shown excluding wall hangings, tools, TVs, 2 fishermen Lamps, personal items
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Flat, Kitchen - Eat-In, Window Treatments
  • Fireplace: No
  • Common Walls: 1 Common Wall, No One Below
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 720
  • Living Area Sq Ft: 720
  • Price Per Sq Ft: 205.42
  • 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: Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Built-Up
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1800.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Sonesta II
  • Condo Co-Op Phone: 443-944-1662
  • HOA Condo Co-Op Amenities: Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Corner
  • Lot Size Units: Square Feet
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5420566
  • Tax Annual Amount: 1474.00
  • Assessor Parcel Number: 10-277191
  • Tax Lot: 7174A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

Multi Family

  • Federal Flood Zone: x

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
May 23, 2019
Sold by
Pursel Jeffrey P and Pursel Dorothy L
Bought by
Bittenbender Michael
Seller's Agent
Ms. Katherine A Panco
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Benjamin Dawson
Keller Williams Realty Delmarva
List Price
$147,900
Sold Price
$141,000
Premium/Discount to List
-$6,900
-4.67%
Current Estimated Value
$252,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,350
Avg. Annual Appreciation
9.46%
Original Mortgage
$126,900
Outstanding Balance
$111,571
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$140,779

Purchase Details

Closed on
Jun 5, 1996
Sold by
Thomas Dickerson Robert
Bought by
Pursel Jeffrey P and Pursel Dorothy L

Purchase Details

Closed on
May 6, 1985
Sold by
Commonwealth Dev Corp
Bought by
Kraus Charles J and Robert Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
13.07%
Source: Public Records

Range of Values:

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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
Bittenbender Michael $141,000 Maryland Title Service
Pursel Jeffrey P $47,000 --
Kraus Charles J $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bittenbender Michael $126,900
Previous Owner Kraus Charles J $44,900
Closed Pursel Jeffrey P --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2019 05/23/19 Sold $141,000 -4.7% $196 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
09/24/2018 09/24/18 For Sale $147,900 -- $205 / 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 $1,887 $133,900 $66,900 $67,000
2022 $1,740 $123,800 $0 $0
2021 $1,607 $113,700 $0 $0
2020 $1,464 $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

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Map

Source: Bright MLS

MLS Number: 1002766284

Bright MLS

APN: 10-277191