NOT LISTED FOR SALE

301 14th St Unit 401 Ocean City, MD 21842

Estimated Value: $686,802 - $955,000

3 Beds
3.5 Baths
1,864 Sq Ft
$601/mo HOA Fee

Last Sold June 01, 2018

Last sale price $434,000 $233 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,316/month

302 Days on Market

Highlights

  • Ocean View
  • 1 Boat Dock
  • Water Access
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Fitness Center

About This Home

As of June 2018

Reduced for quick Sale with deeded Slip.Absolutely gorgeous and pristine Top Floor unit with cathedral ceilings, decorator furnished and accessorized,rarely used and Never Rented by Original Owners. The Laguna Vista offers one of the largest and most smartly laid out floor plan of any Ocean City condo. Views of the Ocean City Skyline, Ocean, Bay and World Famous White Marlin Weigh In's are unlike any other. Deeded Dock with Scissor Lift, Indoor Pool, Fully Equipped Fitness Center, Assigned Covered Parking, Secured Lobby and Elevators etc. make this Luxury Downtown unit an ideal location for anyone looking for grand living close to everything that Ocean City is famously known for. Enjoy sunrises and sets from your South Facing covered balcony. Truly a Must See for the most discerning buyer

Last Agent to Sell the Property

Michael Rutledge

Berkshire Hathaway HomeServices Homesale Realty License #580312 Listed on: 06/26/2017

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Bobby Jester

Keller Williams Realty Delmarva License #15838

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,479

Year Built

  • Built in 2005

Lot Details

  • Home fronts navigable water
  • Sprinkler System
  • Cleared Lot
  • Historic Home

HOA Fees

  • $601 Monthly HOA Fees

Property Views

  • Ocean
  • Bay
  • Canal

Home Design

  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Metal Roof
  • Modular or Manufactured Materials
  • Dryvit Stucco
  • Masonry
  • Stucco

Interior Spaces

  • 1,864 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Chair Railings
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Screen For Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Home Security System

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Handicap Parking
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near a canal
  • Electric Hoist or Boat Lift
  • 1 Boat Dock
  • Dock Against Bulkhead
  • Balcony

Location

  • Flood Risk

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 401
  • Assessor Parcel Number 440475

Community Details

Overview

  • 41 Units
  • 2 Elevators
  • Low-Rise Condominium
  • Laguna Vista Community

Recreation

  • Fitness Center
  • Community Indoor Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,479

Year Built

Built in 2005

Lot Details

0

HOA Fees

$601 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: Personal Items
  • Federal Flood Insurance: Yes
  • Historic: Yes
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2005
  • Remarks Public: Reduced for quick Sale with deeded Slip.Absolutely gorgeous and pristine Top Floor unit with cathedral ceilings, decorator furnished and accessorized,rarely used and Never Rented by Original Owners. The Laguna Vista offers one of the largest and most smartly laid out floor plan of any Ocean City condo. Views of the Ocean City Skyline, Ocean, Bay and World Famous White Marlin Weigh In's are unlike any other. Deeded Dock with Scissor Lift, Indoor Pool, Fully Equipped Fitness Center, Assigned Covered Parking, Secured Lobby and Elevators etc. make this Luxury Downtown unit an ideal location for anyone looking for grand living close to everything that Ocean City is famously known for. Enjoy sunrises and sets from your South Facing covered balcony. Truly a Must See for the most discerning buyer
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Icemaker, Refrigerator, Washer
  • Entry Floor: 4
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Chair Railings, Crown Moldings, Upgraded Countertops, Sprinkler System, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 2
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Living Area Units: Square Feet
  • Total Sq Ft: 1864
  • Living Area Sq Ft: 1864
  • Price Per Sq Ft: 241.36
  • Above Grade Finished Sq Ft: 1864
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 301

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Dryvit, Stucco, Modular/Manufactured
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Built-Up, Metal
  • View: Bay, Canal, Ocean, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Off Street, Under Home Parking, Assigned, Handicap Parking
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 788.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 7209.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Exercise Room, Pool - Indoor
  • HOA: No
  • Community Pool Features: Indoor

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

  • Lot Features: Cleared
  • Lot Size Acres: 0.05
  • Outdoor Living Structures: Balcony
  • Zoning: R3
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5432517
  • Assessor Parcel Number: 440475
  • Tax Lot: 401
  • County Tax Payment Frequency: Annually
  • Close Date: 06/01/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Jun 1, 2018
Sold by
Damiani Judith and Savino Family Trust
Bought by
Shepanek Robert Ford and The Robert Ford Shepanek Revoc
Seller's Agent
Michael Rutledge
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Bobby Jester
Keller Williams Realty Delmarva
List Price
$574,900
Sold Price
$434,000
Premium/Discount to List
-$140,900
-24.51%
Current Estimated Value
$781,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,451
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Mar 19, 2007
Sold by
Laguna Vista Company Inc
Bought by
Savino Family Trust

Purchase Details

Closed on
Mar 17, 2007
Sold by
Laguna Vista Company Inc
Bought by
Savino Family Trust
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
Shepanek Robert Ford $434,000 None Available
Savino Family Trust $720,000 --
Savino Family Trust $720,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Savino Michele $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $434,000 -3.5% $233 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
02/06/2018 02/06/18 Price Changed $449,900 -21.7% $241 / Sq Ft
06/26/2017 06/26/17 For Sale $574,900 -- $308 / 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 $5,479 $438,633 $0 $0
2024 $5,479 $392,667 $0 $0
2023 $4,872 $346,700 $173,300 $173,400
2022 $4,872 $346,700 $173,300 $173,400
2021 $4,899 $346,700 $173,300 $173,400
2020 $4,899 $346,700 $173,300 $173,400
2019 $4,932 $346,700 $173,300 $173,400
2018 $4,883 $346,700 $173,300 $173,400
2017 $4,869 $346,700 $0 $0
2016 -- $342,967 $0 $0
2015 $4,653 $339,233 $0 $0
2014 $4,653 $335,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001556366

Bright MLS

APN: 10-440475