Seller's Agent in 2024
Mary Rice
Engel & Völkers Ocean City
(410) 726-4984
50 in this area
122 Total Sales
Ocean Place 14500 Wight St Unit 407 Ocean City, MD 21842
Estimated Value: $561,000 - $788,000
2
Beds
2
Baths
1,104
Sq Ft
$400/ mo
HOA Fee
Highlights
- Furnished
- Fenced Community Pool
- Doors swing in
- Ocean City Elementary School Rated A
- Cooling Available
- Property is in excellent condition
About This Home
As of November 2024Fantastic opportunity to own in one of North Ocean City highly sought after masonry buildings., especially after the almost 3 million dollar renovation in 2019. The direct ocean front views from the living area and primary bedroom , perfect for anyone looking to enjoy the beachfront life. This 4th floor unit had the kitchen, bathrooms and flooring updated in 2017 plus, the fact that the unit has been well maintained by the original owners and is being sold fully furnished adds even more appeal.
Last Agent to Sell the Property
(443) 292-6767 mary.rice@evrealestate.com Engel & Völkers Ocean City License #RS-0036409 Listed on: 10/05/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,412
Year Built
- Built in 1983
HOA Fees
- $400 Monthly HOA Fees
Home Design
- Entry on the 4th floor
- Flat Roof Shape
- Masonry
Interior Spaces
- 1,104 Sq Ft Home
- Property has 1 Level
- Furnished
Kitchen
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Electric Dryer
- Washer
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Lot
- 2 Assigned Parking Spaces
Accessible Home Design
- Accessible Elevator Installed
- Doors swing in
Utilities
- Cooling Available
- Heat Pump System
- Electric Water Heater
- Municipal Trash
Additional Features
- Property is in excellent condition
- Flood Risk
Listing and Financial Details
- Tax Lot 407
- Assessor Parcel Number 2410243378
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, custodial services maintenance, insurance, lawn care front, lawn care rear, lawn care side, management, pest control, pool(s), reserve funds, sewer, snow removal, trash, water
- Mid-Rise Condominium
- Ocean Place Association Condos
- Ocean Place Community
Recreation
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2024
Closed on
Nov 1, 2024
Sold by
Francine & Richard Shure Family Trust and Shure Kenneth
Bought by
Bloom Jane Culver
Seller's Agent
Mary Rice
Engel & Völkers Ocean City
Buyer's Agent
Brigit Taylor
Keller Williams Realty
List Price
$699,000
Sold Price
$760,000
Premium/Discount to List
$61,000
8.73%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,108
Avg. Annual Appreciation
-6.97%
Purchase Details
Closed on
Feb 5, 2013
Sold by
Shure Richard M and Shure Francine S
Bought by
Shure Richard M and Shure Francine S
Purchase Details
Closed on
Nov 4, 1983
Sold by
145 Inc
Bought by
Shure Richard M and Shure Francine S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,700
Interest Rate
13.42%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bloom Jane Culver | $760,000 | Lakeside Title | |
| Bloom Jane Culver | $760,000 | Lakeside Title | |
| Shure Richard M | -- | None Available | |
| Shure Richard M | $117,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Shure Richard M | $105,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $760,000 | +8.7% | $688 / Sq Ft |
| 10/09/2024 10/09/24 | Pending | -- | -- | -- |
| 10/05/2024 10/05/24 | For Sale | $699,000 | -- | $633 / Sq Ft |
Source: Bright MLS
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 | $7,054 | $516,600 | $0 | $0 |
| 2024 | $6,392 | $458,100 | $0 | $0 |
| 2023 | $5,633 | $399,600 | $279,700 | $119,900 |
| 2022 | $5,616 | $399,600 | $279,700 | $119,900 |
| 2021 | $5,647 | $399,600 | $279,700 | $119,900 |
| 2020 | $5,646 | $399,600 | $279,700 | $119,900 |
| 2019 | $5,685 | $399,600 | $279,700 | $119,900 |
| 2018 | $5,628 | $399,600 | $279,700 | $119,900 |
| 2017 | $5,926 | $419,500 | $0 | $0 |
| 2016 | -- | $393,733 | $0 | $0 |
| 2015 | $4,743 | $367,967 | $0 | $0 |
| 2014 | $4,743 | $342,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Rice
-
Brigit Taylor
Buyer's Agent in 2024
Brigit Taylor
Keller Williams Realty
(302) 500-0750
14 in this area
76 Total Sales
About Ocean Place
Map
Source: Bright MLS
MLS Number: MDWO2025972
APN: 10-243378
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