NOT LISTED FOR SALE

405 142nd St Unit 14 Ocean City, MD 21842

Estimated Value: $442,000 - $618,000

2 Beds
2 Baths
836 Sq Ft
$217/mo HOA Fee

Last Sold November 16, 2020

Last sale price $189,990 $227 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $3,360/month

Highlights

  • Furnished
  • Community Pool
  • Central Air
  • Ocean City Elementary School Rated A
  • Living Room
  • Heat Pump System

About This Home

As of November 2020

Welcome to a very well kept 2 bedroom/ 2 bath condo in the Caine Woods area of North Ocean City. This well maintained condo has a new HVAC unit that is just over a year old. This well maintained unit is close to both MD and Delaware areas and beaches. The community pool is another added bonus to this ideal location. This two bedroom, two bath condo is a true must see.

Last Agent to Sell the Property

Molly Beringson

(410) 723-3669 Molly@mollyb.com Newport Bay Realty License #508735 Listed on: 09/20/2020

Co-Listed By

Michael Ross

(301) 751-7741 84michaelross@comcast.net Newport Bay Realty

Last Buyer's Agent

Karen Staskey

(443) 944-4478 karen.staskey@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #651580

Berkshire Hathaway HomeServices PenFed Realty-WOC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 1984

Lot Details

  • 7,231

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Villa
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 836 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Parking Lot
  • Off-Site Parking

Location

  • Flood Risk

Schools

  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 14
  • Assessor Parcel Number 10-261384

Community Details

Overview

  • Association fees include insurance, management, reserve funds
  • Whispering Woods Community
  • Whispering Woods Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,030

Year Built

Built in 1984

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Villa
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-09-21
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Kitchen
  • Basement: No
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 836
  • Living Area Sq Ft: 836
  • Price Per Sq Ft: 227.26
  • Above Grade Finished Sq Ft: 836
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 650.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Insurance, Management, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5419147
  • Tax Annual Amount: 2030.00
  • Assessor Parcel Number: 10-261384
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Federal Flood Zone: X

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2021
Sold by
Scully John and Scully Hazel
Bought by
Scully Cornelius
Current Estimated Value
$534,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$294,247
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$240,030

Purchase Details

Closed on
Mar 31, 2015
Sold by
Hofman Florence Marie Valere
Bought by
Scully Jos R and Scully Hazel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2003
Sold by
Nancy Tierney T and Nancy Rosemary
Bought by
Timothy Hofman

Purchase Details

Closed on
Nov 6, 1996
Sold by
Tierney Timothy J
Bought by
Tierney T J and Tierney Trustees
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
Scully Cornelius $310,000 None Available
Scully Jos R $260,000 Ocean Investments Title Corp
Timothy Hofman $80,000 --
Tierney T J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scully Cornelius $325,000
Previous Owner Scully Jos R $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $189,990 0.0% $227 / Sq Ft
11/16/2020 11/16/20 For Sale $189,990 0.0% $227 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/20/2020 09/20/20 For Sale $189,990 -- $227 / 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 $4,147 $303,700 $0 $0
2024 $3,941 $282,400 $0 $0
2023 $3,669 $261,100 $152,200 $108,900
2022 $3,642 $259,167 $0 $0
2021 $3,635 $257,233 $0 $0
2020 $3,607 $255,300 $152,200 $103,100
2019 $3,632 $255,300 $152,200 $103,100
2018 $3,596 $255,300 $152,200 $103,100
2017 $3,769 $265,500 $0 $0
2016 $4,352 $265,500 $0 $0
2015 $4,352 $265,500 $0 $0
2014 $4,352 $271,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Molly Beringson

    Seller's Agent in 2020

    Molly Beringson

    Newport Bay Realty

    (410) 723-3669

    9 in this area

    10 Total Sales

    Molly Beringson
    Section Image
  • Michael Ross

    Seller Co-Listing Agent in 2020

    Michael Ross

    Newport Bay Realty

    (301) 751-7741

    24 in this area

    47 Total Sales

    Michael Ross
    Section Image
  • Karen Staskey

    Buyer's Agent in 2020

    Karen Staskey

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    (443) 944-4478

    30 in this area

    36 Total Sales

    Karen Staskey
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO116888

Bright MLS

APN: 10-174333

Maryland Worcester County Ocean City 21842

405 142nd St Unit 14, Ocean City, MD

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