NOT LISTED FOR SALE

177 Sunshine Ln Ocean City, MD 21842

Estimated Value: $881,000 - $1,379,000

0.12 Acre
$9,661,500 Price per Acre
5,305 Sq Ft Lot

Last Sold January 09, 2015

Last sale price $120,000

Est. 866% increase in value since last sale

Current estimated payment $6,962/month

Highlights

  • Community Pool
  • Ocean City Elementary School Rated A
  • Tennis Courts

About This Lot

As of January 2015

One of the best location in the Montego Bay Community in North Ocean City, close to the pool and tennis courts, located on a dead end street. The lot is 40' in the Front 40' in the back and 130' on one side 135' on the other side. This lot goes street to street with no one behind you. The lot is for lease the owner will give a 5-year lease. At $4,500 year the tenant will also be responsible for the property taxes water & sewer plus the homeowner association fee. The lot is zoned for mobile, modular and stick-built construction one half story. The community offers city streets, city sidewalks, city water and city sewer and city trash pick-up. Additional amenities include 2-pools, 2-tennis courts, 2-shuffleboards courts and a miniature golf course. The homeowner association fee is

Last Agent to Sell the Property

Larry Holdren Sr.

(410) 250-2751 ocmdhre@gmail.com Larry Holdren Real Estate Inc License #RB0002180 Listed on: 10/16/2010

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,499

Lot Details

  • 5,305 Sq Ft Lot
  • Cleared Lot
  • Property is zoned TR

HOA Fees

  • $18 Monthly HOA Fees

Location

  • Flood Risk

Schools

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

Utilities

  • Water Service Lateral Not Installed
  • Lateral or Tap On-Site

Listing and Financial Details

  • Tax Lot 563B
  • Assessor Parcel Number 193230

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$10,499

Lot Details

0

HOA Fees

$18 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
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.85

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: Lateral/Tap On Site
  • Water Source: Lateral Not Installed/Must Tap Off Main, Public

Condo/Co-op/Association

  • HOA Fees: 214.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA: Yes

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5305.00
  • Possible Use: Residential
  • Zoning: TR
  • Zoning Description: O
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5413152
  • Assessor Parcel Number: 193230
  • Tax Lot: 563B
  • County Tax Payment Frequency: Annually

Multi Family

  • Federal Flood Zone: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2010
Closed on
Nov 22, 2014
Sold by
Lukiewski Stephen and Lukiewski Anne D
Bought by
Princiotta Joseph J
Seller's Agent
Larry Holdren Sr.
Larry Holdren Real Estate Inc
Buyer's Agent
Larry Holdren Sr.
Larry Holdren Real Estate Inc
List Price
$4,500
Sold Price
$120,000
Premium/Discount to List
$115,500
2566.67%
Current Estimated Value
$1,159,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,039,380
Avg. Annual Appreciation
23.37%

Purchase Details

Closed on
Oct 1, 2008
Sold by
Lukiewski Stephen M
Bought by
Lukiewski Stephen M and Lukiewski Anne D

Purchase Details

Closed on
Sep 4, 2008
Sold by
Lukiewski Stephen M
Bought by
Lukiewski Stephen M and Lukiewski Anne D

Purchase Details

Closed on
Mar 21, 2000
Sold by
Lukiewski Bernard C
Bought by
Lukiewski Stephen M and Parker Cecilia D
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 Buyer Sale Price Title Company
Princiotta Joseph J $120,000 None Available
Lukiewski Stephen M -- --
Lukiewski Stephen M -- --
Lukiewski Stephen M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2015 09/28/15 Pending -- -- --
01/09/2015 01/09/15 Sold $120,000 +2566.7% --
10/18/2010 10/18/10 For Sale $4,500 -- --
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 $10,499 $768,833 $0 $0
2024 $8,923 $639,467 $0 $0
2023 $7,169 $510,100 $110,000 $400,100
2022 $6,922 $492,567 $0 $0
2021 $6,713 $475,033 $0 $0
2020 $6,464 $457,500 $110,000 $347,500
2019 $6,508 $457,500 $110,000 $347,500
2018 $6,444 $457,500 $110,000 $347,500
2017 $1,562 $110,000 $0 $0
2016 -- $110,000 $0 $0
2015 $1,920 $110,000 $0 $0
2014 $1,920 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000860184

Bright MLS

APN: 10-193230