$242,500
SOLD JAN 13, 2025

14409 Lighthouse Ave Ocean City, MD 21842

2 Beds
2 Baths
864 Sq Ft
$760/mo HOA Fee

Recently Sold

$281 Per Sq Ft

94% Above List Price

29 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Heating Available
  • Ocean City Elementary School Rated A
  • Central Air

About This Home

As of January 2025

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Online pre-bidding will open on January 4, 2025, at 10:00am EST and ends Thursday. January 9, 2025, starting at 10:00am. Live bidding is also available and will be held at the Fenwick Inn on Thursday, January 9th, on the top level, located at 13801 Coastal Hwy, Ocean City, MD 21842. There will be both online bidding and live bidding. You can place bids online or attend the live auction. Each condo unit is scheduled to start closing in 20- minute intervals; with Unit 1 starting to end at 10:00am. The live auction will need to follow the online bidding clock schedule. Unit 2 is scheduled to start ending at 10:20am; and so on. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the online bidding extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out. Pre-registration for the live bidding starts at 9:30am; Live bidding starts promptly at 9:55am. A certified check for $7,500 or wire transfer is required as proof of deposit per condo unit you plan to bid on and purchase. A credit card deposit will not be allowed if you plan to bid live. No exceptions! A great opportunity to purchase a 2 Bedroom Condo Unit Located in the Lighthouse Point Villas in Ocean City, MD. Note: There will be both online bidding and live bidding. You can place bids online or attend the live auction. Condo Unit Description: Includes 2 bedrooms, a living area with a flat-screen TV, an equipped kitchen, 2-bathrooms (one with a bathtub and the other has a walk-in shower), washer/dryer & ceiling fans. There is a patio with a private entrance on the main level for each villa; that includes a hot tub and space for an outdoor table. The furniture and other personal items in each villa are included with the sale. A seasonal outdoor swimming pool and barbecue facilities are available for all to use in the community, and there are approx. 22 parking spaces.
Location: The Lighthouse Point Villas are located in the most northern part of Ocean City, MD. It is just one block from the MD/DE line. The Atlantic Ocean is a short walk at about 3/10 of a mile away. There are numerous restaurants, amusement facilities nearby in Southern Delaware and in Ocean City including the famous boardwalk. Gallery Auction: We are selling 12 Condo Units in the Lighthouse Point Villas. A $7,500 bidding deposit is required for each property that you are the winning bidder. If you only want to purchase one property, you will need one bidding deposit. During the auction, with one bidding deposit you can be the high bidder or winner on only one of the 12 condo units; with 2 bidding deposits, you can be the high bidder or winner on any 2 of the properties. If you are interested in bidding on all 12 condo units at the same time, you would need 12 bidding deposits.

Last Agent to Sell the Property

Larry Cooper

(410) 977-4708 Larry@alexcooper.com Alex Cooper Auctioneers, Inc. Listed on: 12/11/2024

Last Buyer's Agent

Carol Strasfeld

(301) 806-8871 carolstrasfeld@gmail.com Unrepresented Buyer Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,015

Year Built

  • Built in 1984

HOA Fees

  • $760 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 864 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 22 Open Parking Spaces
  • 22 Parking Spaces
  • Parking Lot

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 2410276969

Community Details

Overview

  • Low-Rise Condominium
  • Lighthouse Point Villas Community

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,015

Year Built

Built in 1984

Lot Details

0

HOA Fees

$760 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • 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: Auction
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Price Per Sq Ft: 144.68
  • Above Grade Finished Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet

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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 22
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 22

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2279.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

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

Rental Info

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

Tax Info

  • Tax Annual Amount: 2015.00
  • Assessor Parcel Number: 2410276969
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2024
Closed on
Jan 13, 2025
Sold by
Clubb James E
Bought by
Devito David M and Devito Kara T
Seller's Agent
Larry Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$125,000
Sold Price
$242,500
Premium/Discount to List
$117,500
94%
Views
8
Current Estimated Value
$250,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,915
Avg. Annual Appreciation
3.33%

Purchase Details

Closed on
Dec 7, 2022
Sold by
Horner James J
Bought by
Horner Nicholas James

Purchase Details

Closed on
Nov 2, 2021
Sold by
Kucek Kathy J
Bought by
Lighthouse Point Villas Time-Share Owners Ass

Purchase Details

Closed on
Sep 20, 2017
Sold by
Libby Ronald E and Libby Linda A
Bought by
Libby Libby R and Libby Linda A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $242,500 None Listed On Document
Deed $242,500 None Listed On Document
Deed $242,500 None Listed On Document
Deed -- --
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2025 01/13/25 Sold $242,500 +94.0% $281 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
12/11/2024 12/11/24 For Sale $125,000 -- $145 / 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 $2,693 $197,233 $0 $0
2024 $2,009 $143,967 $0 $0
2023 $1,275 $90,700 $45,300 $45,400
2022 $1,275 $90,700 $45,300 $45,400
2021 $1,282 $90,700 $45,300 $45,400
2020 $1,286 $90,700 $45,300 $45,400
2019 $1,290 $90,700 $45,300 $45,400
2018 $1,277 $90,700 $45,300 $45,400
2017 $1,288 $90,700 $0 $0
2016 -- $90,700 $0 $0
2015 $1,358 $90,700 $0 $0
2014 $1,358 $90,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2027356

Bright MLS

APN: 10-276969