$525,000
SOLD MAR 31, 2021

146 Nautical Ln Ocean City, MD 21842

4 Beds
2.5 Baths
1,908 Sq Ft
3,600 Sq Ft Lot

Recently Sold

$275 Per Sq Ft

1% Above List Price

7 Days on Market

Highlights

  • Bay View
  • Open Floorplan
  • Deck
  • Ocean City Elementary School Rated A
  • Coastal Architecture
  • Cathedral Ceiling

About This Home

As of March 2021

Buyers' Agents Welcomed. Built in 2019 by Resort Homes. 4 BR, 3 upstairs & MBR on 1st floor, 2 1/2 Bath. Loft upstairs overlooking Assawoman Bay with beautiful sunset views. Dual Fuel & Dual Zone Heating with Gas Furnace Back Up. GE Black Stainless Steel Appliances with Gas Stove and Granite Countertops. Separate Bar area with built in 45 bottle dual zone wine refrigerator & built in ice maker that makes 65 lbs. of ice daily. CoreTec Flooring throughout 1st floor. 24' x 12' Screened Deck. 15' heated shed. Lots of closets. 2 Adult Pools, Kids Pool, Bayfront Boardwalk to Fish & Crab, This is a Must See Location! Home Owners Fee only $300 Year. More photos to come...

Last Agent to Sell the Property

Nathalie Mullinix

Nathalie Mullinix Realty Universal, Inc. License #01-3486 Listed on: 02/01/2021

Last Buyer's Agent

Mynor Herrera

Keller Williams Capital Properties

Keller Williams Capital Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,541

Year Built

  • Built in 2019

Lot Details

  • 3,600 Sq Ft Lot
  • West Facing Home
  • Sprinkler System
  • Cleared Lot
  • Property is in good condition
  • Property is zoned TR

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Coastal Architecture
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,908 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Loft
  • Bay Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Electric Dryer
  • ENERGY STAR Qualified Washer

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Screened Patio
  • Exterior Lighting

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Programmable Thermostat
  • High-Efficiency Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1010B
  • Assessor Parcel Number 10-202302

Community Details

Overview

  • Montego Bay Civic Association, Phone Number (410) 250-3080
  • Built by Resort Homes
  • Montego Bay Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,541

Year Built

Built in 2019

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2019
  • Automatically Close On Close Date: No
  • Remarks Public: Buyers' Agents Welcomed. Built in 2019 by Resort Homes. 4 BR, 3 upstairs & MBR on 1st floor, 2 1/2 Bath. Loft upstairs overlooking Assawoman Bay with beautiful sunset views. Dual Fuel & Dual Zone Heating with Gas Furnace Back Up. GE Black Stainless Steel Appliances with Gas Stove and Granite Countertops. Separate Bar area with built in 45 bottle dual zone wine refrigerator & built in ice maker that makes 65 lbs. of ice daily. CoreTec Flooring throughout 1st floor. 24' x 12' Screened Deck. 15' heated shed. Lots of closets. 2 Adult Pools, Kids Pool, Bayfront Boardwalk to Fish & Crab, This is a Must See Location! Home Owners Fee only $300 Year. More photos to come...
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Freezer, Energy Star Refrigerator, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - High-Efficiency
  • Interior Amenities: Attic, Bar, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wine Storage, Wood Floors
  • Window Features: Double Pane, Energy Efficient
  • Fireplace: No
  • Wall Ceiling Types: 2 Story Ceilings, Cathedral Ceilings
  • Levels Count: 2
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 1, Loft
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1908
  • Living Area Sq Ft: 1908
  • Price Per Sq Ft: 272.01
  • Above Grade Finished Sq Ft: 1908
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 146

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Stone, Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Roof: Asphalt
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s), Programmable Thermostat, Zoned
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Heat Pump - Gas Backup, Heat Pump(s), Programmable Thermostat, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Name: MONTEGO BAY CIVIC ASSOCIATION
  • HOA Phone: 410-250-3080
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Loss Mitigation Fee?: No

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
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 211400.00
  • Land Assessed Value: 110000.00
  • Land Use Code: 011
  • Lot Features: Cleared
  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3600.00
  • Outdoor Living Structures: Deck(s), Patio(s), Screened
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: TR
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Resort Homes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5413976
  • Tax Annual Amount: 4541.00
  • Assessor Parcel Number: 10-202302
  • Tax Lot: 1010B
  • Tax Page Number: 444
  • Tax Total Finished Sq Ft: 1908
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/31/2021

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:

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Average Value
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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 $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

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Map

Source: Bright MLS

MLS Number: MDWO119872

Bright MLS

APN: 10-202302