NOT LISTED FOR SALE

403 Lark Ln Unit D Ocean City, MD 21842

Estimated Value: $491,815 - $555,000

3 Beds
2 Baths
1,520 Sq Ft
3,049 Sq Ft Lot

Last Sold November 20, 2018

Last sale price $285,000 $188 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,942/month

Highlights

  • Deck
  • No HOA
  • Storm Windows
  • Ocean City Elementary School Rated A
  • Balcony
  • 4-minute walk to Robin Park

About This Home

As of November 2018

Upgraded townhome in one of the best spots in town! Enjoy proximity to the beach, the bay, restaurants, shopping, entertainment and the World Famous Ocean City Boardwalk from this 3 bed/2 bath gem! Most of the furniture conveys here. Trex decking, new windows and carpet, a bamboo staircase and gas directly to the grill

Last Agent to Sell the Property

Kevin Decker

(443) 235-6552 kevin@kevindeckeroc.com Coastal Life Realty Group LLC License #532548 Listed on: 02/22/2018

Last Buyer's Agent

Kevin Decker

(443) 235-6552 kevin@kevindeckeroc.com Coastal Life Realty Group LLC License #532548 Listed on: 02/22/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,535

Year Built

  • Built in 1968

Lot Details

  • 3,049

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,520 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Window Treatments
  • Window Screens
  • Washer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Storage Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Cleared Lot
  • Flood Risk

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 048737

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Condominium Association
  • Low-Rise Condominium
  • Lark Lane I Community

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,535

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Fee Simple
  • Exclusions: Personal Items, Photos, Contents of Closets
  • Federal Flood Insurance: Yes
  • Historic: No
  • Home Warranty: No
  • Inclusions: Some furniture
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1968
  • Remarks Public: Upgraded townhome in one of the best spots in town! Enjoy proximity to the beach, the bay, restaurants, shopping, entertainment and the World Famous Ocean City Boardwalk from this 3 bed/2 bath gem! Most of the furniture conveys here. Trex decking, new windows and carpet, a bamboo staircase and gas directly to the grill
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Gas, Icemaker, Refrigerator, Washer
  • Interior Amenities: Window Treatments
  • Window Features: Screens, Storm
  • Foundation Details: Block
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1520
  • Living Area Sq Ft: 1520
  • Price Per Sq Ft: 230.20
  • Above Grade Finished Sq Ft: 1520
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 403

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
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 559.40
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: CONDOMINIUM ASSOCIATION
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

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
  • 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: 0.07
  • Lot Dimensions: 14x106x30x109
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2919.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Year Assessed: 2018
  • Zoning: R2
  • Zoning Description: R2
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Partially
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5401160
  • Tax Annual Amount: 2535.00
  • Assessor Parcel Number: 048737
  • Tax Lot: 4
  • Tax Page Number: 493
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 11/20/2018

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
Nov 20, 2018
Sold by
Robinson Daniel
Bought by
Nugent Sean M
Seller's Agent
Kevin Decker
Coastal Life Realty Group LLC
Buyer's Agent
Kevin Decker
Coastal Life Realty Group LLC
List Price
$349,900
Sold Price
$285,000
Premium/Discount to List
-$64,900
-18.55%
Current Estimated Value
$518,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,704
Avg. Annual Appreciation
9.01%
Original Mortgage
$228,000
Outstanding Balance
$200,886
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$317,818

Purchase Details

Closed on
May 22, 2000
Sold by
Tyler Anthony C
Bought by
Robinson Daniel

Purchase Details

Closed on
May 26, 1998
Sold by
Tyler Anthony C and Stein Enid
Bought by
Tyler Anthony C
Source: Public Records

Range of Values:

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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
Nugent Sean M $285,000 Resort Land Title & Escrow L
Robinson Daniel $93,500 --
Tyler Anthony C $53,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nugent Sean M $228,000
Closed Robinson Daniel --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $285,000 -18.5% $188 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $349,900 -- $230 / 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 $2,651 $315,600 $0 $0
2024 $2,634 $273,800 $0 $0
2023 $2,579 $232,000 $110,000 $122,000
2022 $2,510 $211,200 $0 $0
2021 $2,459 $190,400 $0 $0
2020 $2,396 $169,600 $110,000 $59,600
2019 $2,413 $169,600 $110,000 $59,600
2018 $2,533 $169,600 $110,000 $59,600
2017 $2,500 $179,400 $0 $0
2016 -- $176,067 $0 $0
2015 -- $172,733 $0 $0
2014 $2,152 $169,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Decker

    Seller's Agent in 2018

    Kevin Decker

    Coastal Life Realty Group LLC

    (443) 235-6552

    127 in this area

    309 Total Sales

    Kevin Decker
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001561490

Bright MLS

APN: 10-048737

Maryland Worcester County Ocean City 21842

403 Lark Ln Unit D, Ocean City, MD

This home is located at 403 Lark Ln Unit D, Ocean City, MD 21842 since 22 February 2018 and is currently estimated at $518,704, approximately $341 per square foot. This property was built in 1968. 403 Lark Ln Unit D is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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