NOT LISTED FOR SALE

14501 Tunnel Ave Ocean City, MD 21842

Estimated Value: $293,229 - $311,000

2 Beds
2 Baths
900 Sq Ft
$233/mo HOA Fee

Last Sold July 28, 2022

Last sale price $279,900 $311 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,076/month

25 Days on Market

Highlights

  • Property fronts the bay but unit may not have water views
  • Furnished
  • Balcony
  • Ocean City Elementary School Rated A
  • Community Pool
  • Brick Front

About This Home

As of July 2022

The best priced 2 bedroom, 2 bath condo in North Ocean City! This top floor condo is located in North Ocean City only about 3 blocks from the beach, beside the MD/DE line and close to many restaurants, eateries, 3 miniature golf courses, arcade, laser tag, water park & movie theater! The unit offers granite countertops with breakfast bar, separate laundry room, good sized balcony and the HVAC was replaced in 2016. Wanmar is located on the bayside block on 146th St and the community offers an outdoor pool and 2 assigned parking spaces. Come make this wonderful Ocean City condo your new beach getaway!

Last Agent to Sell the Property

Dave Whittington

Coastal Life Realty Group LLC License #520693 Listed on: 06/03/2022

Last Buyer's Agent

Jennifer Kukel

Keller Williams Realty Delmarva License #RS-0037426

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 1985

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 900 Sq Ft Home
  • Property has 3 Levels
  • Furnished

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property fronts the bay but unit may not have water views

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 306
  • Assessor Parcel Number 2410278244

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, pool(s), reserve funds, trash, water
  • Low-Rise Condominium
  • Wanmar Community
  • Caine Woods Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,908

Year Built

Built in 1985

Lot Details

0

HOA Fees

$233 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
  • Exclusions: Foot locker in closet, Ship painting above couch, Personal photos, Tools, 2 chairs on balcony
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-06-06
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: The best priced 2 bedroom, 2 bath condo in North Ocean City! This top floor condo is located in North Ocean City only about 3 blocks from the beach, beside the MD/DE line and close to many restaurants, eateries, 3 miniature golf courses, arcade, laser tag, water park & movie theater! The unit offers granite countertops with breakfast bar, separate laundry room, good sized balcony and the HVAC was replaced in 2016. Wanmar is located on the bayside block on 146th St and the community offers an outdoor pool and 2 assigned parking spaces. Come make this wonderful Ocean City condo your new beach getaway!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 311.00
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14501

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
  • Construction Materials: Brick Front, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

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: 700.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Pool(s), Reserve Funds, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2022
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5420648
  • Tax Annual Amount: 1908.00
  • Assessor Parcel Number: 2410278244
  • Tax Lot: 306
  • Tax Total Finished Sq Ft: 900
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 07/28/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2022
Sold by
Rice Scott
Bought by
Lighthouse Point Llc
Current Estimated Value
$300,557

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 28, 2022
Sold by
Zemanick Robrert P
Bought by
Rice Scott and Raccomandato Joseph V
Seller's Agent
Dave Whittington
Coastal Life Realty Group LLC
Buyer's Agent
Jennifer Kukel
Keller Williams Realty Delmarva
List Price
$279,900
Sold Price
$279,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$209,925
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2010
Sold by
Staloski James M and Staloski Janice A
Bought by
Hahr Paul H and Hahr Cynthia Hahr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
4.56%

Purchase Details

Closed on
Jul 28, 1998
Sold by
Ferrari James C and Ferrari Elizabeth L
Bought by
Staloski James M and Staloski Janice A

Purchase Details

Closed on
Dec 15, 1989
Sold by
Quest John A and Lynne Mary
Bought by
Ferrari James C and Ferrari Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
9.75%
Source: Public Records

Range of Values:

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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
Lighthouse Point Llc -- --
Lighthouse Point Llc -- None Listed On Document
Rice Scott $279,900 Fidelity National Title
Rice Scott $279,900 Fidelity National Title
Hahr Paul H $169,900 --
Staloski James M $66,500 --
Ferrari James C $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rice Scott $209,925
Previous Owner Zemanick Robert P $103,259
Previous Owner Hahr Paul H $115,800
Previous Owner Hahr Paul H $127,400
Previous Owner Hahr Paul H $127,400
Previous Owner Ferrari James C $56,000
Closed Staloski James M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $279,900 0.0% $311 / Sq Ft
06/03/2022 06/03/22 For Sale $279,900 -- $311 / 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 $2,470 $219,000 $0 $0
2024 $2,470 $177,000 $0 $0
2023 $1,897 $135,000 $67,500 $67,500
2022 $1,897 $135,000 $67,500 $67,500
2021 $1,908 $135,000 $67,500 $67,500
2020 $1,915 $135,000 $67,500 $67,500
2019 $1,921 $135,000 $67,500 $67,500
2018 $1,901 $135,000 $67,500 $67,500
2017 $2,172 $153,000 $0 $0
2016 -- $153,000 $0 $0
2015 $2,268 $153,000 $0 $0
2014 $2,268 $153,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dave Whittington

    Seller's Agent in 2022

    Dave Whittington

    Coastal Life Realty Group LLC

    (410) 430-5283

    153 in this area

    182 Total Sales

    Dave Whittington
    Section Image
  • Jennifer Kukel

    Buyer's Agent in 2022

    Jennifer Kukel

    Keller Williams Realty Delmarva

    (410) 713-2161

    17 in this area

    63 Total Sales

    Jennifer Kukel
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2008258

Bright MLS

APN: 10-278244

Maryland Worcester County Ocean City 19944

14501 Tunnel Ave, Ocean City, MD

This home is located at 14501 Tunnel Ave, Ocean City, MD 21842 since 03 June 2022 and is currently estimated at $300,557, approximately $333 per square foot. This property was built in 1985. 14501 Tunnel Ave is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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