$118,000
SOLD JUN 26, 2018

146 Nautical Ln Ocean City, MD 21842

0.08 Acre
$1,475,000 Price per Acre
3,690 Sq Ft Lot

Recently Sold

$91 Per Sq Ft

6% Below List Price

38 Days on Market

About This Lot

As of March 2021

Premium Lot North Ocean City Best Location in Highly Desirable Montego Bay Community in North Ocean City. Stick Build or Modular a 2 Story Home for Direct Bay Views from the Second Floor. 2 Adult Pools, Kids Pool, Bayfront Boardwalk to Fish & Crab, This is a Must See Location! Home Owners Fee only $225 Year.

Last Agent to Sell the Property

Ed Balcerzak

Berkshire Hathaway HomeServices PenFed Realty-WOC Listed on: 04/29/2018

Berkshire Hathaway HomeServices PenFed Realty-WOC

Last Buyer's Agent

Darryl Greer

Resort Homes Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,200

Lot Details

  • 3,690 Sq Ft Lot
  • Lot Dimensions are 41x90
  • Cleared Lot
  • Property is zoned R2, TR

HOA Fees

  • $19 Monthly HOA Fees

Location

  • Flood Risk

Schools

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

Utilities

  • Municipal Trash
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 1010B
  • Assessor Parcel Number 202302

Community Details

Overview

  • Montego Bay HOA
  • Montego Bay Subdivision

Recreation

  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$1,200

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Premium Lot North Ocean City Best Location in Highly Desirable Montego Bay Community in North Ocean City. Stick Build or Modular a 2 Story Home for Direct Bay Views from the Second Floor. 2 Adult Pools, Kids Pool, Bayfront Boardwalk to Fish & Crab, This is a Must See Location! Home Owners Fee only $225 Year.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 32.25
  • Street Number Modifier: 146

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Name: MONTEGO BAY
  • HOA: Yes

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.08
  • Lot Dimensions: 41x90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3690.00
  • Possible Use: Residential
  • Zoning: R2
  • Zoning Description: TR
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5413976
  • Tax Annual Amount: 1200.00
  • Assessor Parcel Number: 202302
  • Tax Lot: 1010B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2107
  • Close Date: 06/26/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 29, 2021
Sold by
Cates Brian S and Cates Patricia
Bought by
Napper William Thomas and Mack Torey Lashae
Seller's Agent
Nathalie Mullinix
Nathalie Mullinix Realty Universal, Inc.
Buyer's Agent
Mynor Herrera
Keller Williams Capital Properties
List Price
$519,000
Sold Price
$525,000
Premium/Discount to List
$6,000
1.16%
Current Estimated Value
$768,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,650
Avg. Annual Appreciation
8.67%
Original Mortgage
$472,500
Outstanding Balance
$431,204
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$318,935

Purchase Details

Closed on
Sep 14, 2018
Sold by
Joseph C Fassio
Bought by
Cates Brian S and Cates Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.6%

Purchase Details

Listed on
Apr 29, 2018
Closed on
Jun 15, 2018
Sold by
Fassio Joseph C
Bought by
Cates Brian S and Cates Patricia
Seller's Agent
Ed Balcerzak
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Darryl Greer
Resort Homes Real Estate Group
List Price
$125,000
Sold Price
$118,000
Premium/Discount to List
-$7,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.00%

Purchase Details

Listed on
Apr 7, 2017
Closed on
Dec 8, 2017
Sold by
Reed David B and Reed Geralyn C
Bought by
Fassio Joseph C
Seller's Agent
Mark Hall
RE/MAX Advantage Realty
Buyer's Agent
Ed Balcerzak
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$120,000
Sold Price
$108,400
Premium/Discount to List
-$11,600
-9.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jun 6, 2014
Sold by
Horn Brian K and Horn Donna L
Bought by
Reed David B and Reed Geralyn C
Seller's Agent
Larry Holdren Sr.
Larry Holdren Real Estate Inc
Buyer's Agent
Mark Hall
RE/MAX Advantage Realty
List Price
$112,000
Sold Price
$105,000
Premium/Discount to List
-$7,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.91%

Purchase Details

Closed on
Jul 24, 2013
Sold by
Warner Evelyn M and Warner Daniel Gregory
Bought by
Horn Brian K and Horn Donna L

Purchase Details

Closed on
Jan 2, 2003
Sold by
Warner Evelyn M
Bought by
Life Warner Evelyn M and Life For
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $525,000 Passport Title Services
Deed $118,000 --
Deed $118,000 Real Estate Title & Escrow
Deed $108,400 Brennan Title Co
Deed $105,000 Brennan Title Company
Deed $95,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $472,500 New Conventional
Previous Owner $300,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $300,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $525,000 +1.2% $275 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $519,000 +339.8% $272 / Sq Ft
06/26/2018 06/26/18 Sold $118,000 -0.8% $91 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/15/2018 05/15/18 Price Changed $119,000 -4.8% $92 / Sq Ft
04/29/2018 04/29/18 For Sale $125,000 +15.3% $97 / Sq Ft
12/08/2017 12/08/17 Sold $108,400 -9.7% $84 / Sq Ft
04/14/2017 04/14/17 For Sale $120,000 +14.3% $93 / Sq Ft
06/07/2014 06/07/14 Sold $105,000 -6.3% $81 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $112,000 -- $87 / 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
2024 $5,932 $425,133 $0 $0
2023 $5,002 $355,900 $110,000 $245,900
2022 $4,840 $344,400 $0 $0
2021 $4,704 $332,900 $0 $0
2020 $4,541 $321,400 $110,000 $211,400
2019 $4,572 $321,400 $110,000 $211,400
2018 $1,549 $110,000 $110,000 $0
2017 $1,562 $110,000 $0 $0
2016 $2,085 $110,000 $0 $0
2015 $2,085 $110,000 $0 $0
2014 $2,085 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001560696

Bright MLS

APN: 10-202302