NOT LISTED FOR SALE

305 136th St Ocean City, MD 21842

Estimated Value: $763,080 - $880,000

3 Beds
2 Baths
1,551 Sq Ft
$529/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $580,000 $374 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,034/month

1 Day on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Open Floorplan
  • Ocean City Elementary School Rated A
  • Access to Tidal Water
  • 2-minute walk to Gorman Avenue Park

About This Home

As of October 2020

This beautiful waterfront home is located in desirable North Ocean City and features a southern exposure, 3 bedrooms, 2 full baths, a huge living room, four season sun room, an over sized deck and its own boat dock. The home chef will not want to leave the updated kitchen with granite counter tops, peninsula, white cabinets, upgraded appliances and wood plank floors. The back deck runs the length of the house and is a true private oasis, overlooking the canal and boat dock. The perfect place to enjoy your morning coffee or your favorite evening libation. The yard is low maintenance (no grass to cut!). The home is in move-in condition, has been freshly painted and has a new roof and siding (three years old). This home is a rare combination of convenience for boaters and beach goers alike. Assawoman Bay, Harpoon Hannah's and Island Watersports Marina are close via water. It is short walking distance to Ocean City restaurants and shopping. Your family will appreciate the short 2.5 blocks to the ocean as well as a light to safely cross Coastal Highway. Gorman Park is just 1/2 block away and offers tennis, pickle ball and racquetball courts, a pavilion and a children's playground. This one truly checks all the boxes!!

Last Agent to Sell the Property

Ryan Haley

Atlantic Shores Sotheby's International Realty License #580256 Listed on: 08/28/2020

Atlantic Shores Sotheby's International Realty

Last Buyer's Agent

GAIL LEKITES

Long & Foster Real Estate, Inc. License #RS-0006650

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,561

Year Built

  • Built in 1985

Lot Details

  • 4,250 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • North Facing Home
  • Property is zoned R-2

Home Design

  • Rambler Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,551 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Canal Views
  • Fire and Smoke Detector
  • Washer
  • Attic

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Access to Tidal Water
  • Private Water Access
  • Property is near a canal
  • Mooring
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Deck
  • Shed

Schools

  • Ocean City Elementary School
  • Berlin Intermediate School
  • Stephen Decatur High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Ramp on the main level
  • Flood Risk

Community Details

  • No Home Owners Association
  • Caine Woods Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 10-183677

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,561

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-08-28
  • Federal Flood Zone: Yes
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: This beautiful waterfront home is located in desirable North Ocean City and features a southern exposure, 3 bedrooms, 2 full baths, a huge living room, four season sun room, an over sized deck and its own boat dock. The home chef will not want to leave the updated kitchen with granite counter tops, peninsula, white cabinets, upgraded appliances and wood plank floors. The back deck runs the length of the house and is a true private oasis, overlooking the canal and boat dock. The perfect place to enjoy your morning coffee or your favorite evening libation. The yard is low maintenance (no grass to cut!). The home is in move-in condition, has been freshly painted and has a new roof and siding (three years old). This home is a rare combination of convenience for boaters and beach goers alike. Assawoman Bay, Harpoon Hannah's and Island Watersports Marina are close via water. It is short walking distance to Ocean City restaurants and shopping. Your family will appreciate the short 2.5 blocks to the ocean as well as a light to safely cross Coastal Highway. Gorman Park is just 1/2 block away and offers tennis, pickle ball and racquetball courts, a pavilion and a children's playground. This one truly checks all the boxes!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Exhaust Fan, Water Heater, Washer
  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Window Treatments
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1551
  • Living Area Sq Ft: 1551
  • Price Per Sq Ft: 344.87
  • Above Grade Finished Sq Ft: 1551
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Modular/Manufactured
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Central, Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: BERLIN INTERMEDIATE SCHOOL
  • 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: BERLIN INTERMEDIATE SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4250.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5412330
  • Tax Annual Amount: 5561.00
  • Assessor Parcel Number: 10-183677
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/15/2020

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 15, 2020
Sold by
Long Michael Francis and Long Stephanie Catherine
Bought by
Smith Gail G
Seller's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
Buyer's Agent
GAIL LEKITES
Long & Foster Real Estate, Inc.
List Price
$534,900
Sold Price
$580,000
Premium/Discount to List
$45,100
8.43%
Current Estimated Value
$821,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,020
Avg. Annual Appreciation
7.25%
Original Mortgage
$432,000
Outstanding Balance
$385,295
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$430,299

Purchase Details

Closed on
May 17, 2013
Sold by
Long Stephanie C
Bought by
Long Michael Francis and Long Stephanie Catherine

Purchase Details

Closed on
Apr 17, 2008
Sold by
William Sykes Robert
Bought by
Long Stephanie C

Purchase Details

Closed on
Apr 15, 2008
Sold by
Sykes Robert W and Sykes Martha L
Bought by
William Sykes Robert and Long Stephanie C

Purchase Details

Closed on
Apr 5, 2008
Sold by
William Sykes Robert
Bought by
Long Stephanie C
Source: Public Records

Range of Values:

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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
Smith Gail G $580,000 Maryland Title Services
Long Michael Francis -- None Available
Long Stephanie C $200,000 --
William Sykes Robert -- --
William Sykes Robert -- --
Long Stephanie C $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Gail G $432,000
Previous Owner Long Michael Francis $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $580,000 +8.4% $374 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $534,900 -- $345 / 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 $6,733 $544,067 $0 $0
2024 $6,733 $482,533 $0 $0
2023 $5,917 $421,000 $282,800 $138,200
2022 $5,788 $411,867 $0 $0
2021 $5,691 $402,733 $0 $0
2020 $5,500 $393,600 $282,800 $110,800
2019 $5,494 $389,133 $0 $0
2018 $5,368 $384,667 $0 $0
2017 $5,288 $380,200 $0 $0
2016 -- $372,500 $0 $0
2015 -- $364,800 $0 $0
2014 $4,722 $357,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO116306

Bright MLS

APN: 10-183677