NOT LISTED FOR SALE

407 Lark Ln Unit 104 Ocean City, MD 21842

2 Beds
2 Baths
840 Sq Ft
$225/mo HOA Fee

Last Sold July 01, 2020

Last sale price $180,000 $214 Per Sq Ft

37 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Furnished
  • Ocean City Elementary School Rated A
  • Main Floor Bedroom
  • Community Pool

About This Home

As of July 2020

Gullway Villas is where you want to be; centrally located in the lower half of Ocean City, you are between the Rt. 50 and Rt. 90 bridges; the two main entrances to the island. This well cared for, roomy two bedroom two bathroom beach getaway, with its open floor plan has plenty of space to entertain your friends and family. Enjoy the recently upgraded kitchen with granite counter tops and up to date appliances. The in-ground pool is centrally located within the 12 building complex for your relaxation. Gullway Villas has an on-site Resident Manager who maintains the grounds beautifully throughout the year. Completely furnished and equipped, The Gullway is ready for you to relax in, and with its great rental potential, it can help pay for itself.

Last Agent to Sell the Property

Mark Hall

(410) 726-0912 markhallrealtor@gmail.com RE/MAX Advantage Realty License #628153 Listed on: 05/06/2020

RE/MAX Advantage Realty

Last Buyer's Agent

Mark Hall

(410) 726-0912 markhallrealtor@gmail.com RE/MAX Advantage Realty License #628153 Listed on: 05/06/2020

RE/MAX Advantage Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,007

Year Built

  • Built in 1973

Lot Details

  • North Facing Home
  • Property is in very good condition

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Foundation
  • Foundation Flood Vent
  • Block Foundation
  • Frame Construction
  • Built-Up Roof
  • Vinyl Siding

Interior Spaces

  • 840 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Paneling
  • Ceiling Fan
  • Double Hung Windows
  • Crawl Space

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Paved Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking
  • Surface Parking
  • Parking Permit Included

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Location

  • Flood Risk

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Single-Phase Power
  • 120/240V
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 11104
  • Assessor Parcel Number 10-056098

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s)
  • 96 Units
  • Low-Rise Condominium
  • Gullway Villas Condos, Phone Number (410) 289-8615
  • Gullway Villas Community
  • Bayshore Estates Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,007

Year Built

Built in 1973

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits, 32"+ Wide Doors
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Vinyl, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley, Window Treatments
  • Window Features: Double Hung
  • Fireplace: No
  • Wall Ceiling Types: Paneled Walls, Dry Wall
  • Foundation Details: Brick/Mortar, Block, Crawl Space, Flood Vent
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 840
  • Living Area Sq Ft: 840
  • Price Per Sq Ft: 217.26
  • Above Grade Finished Sq Ft: 840
  • 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: Frame, Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Built-Up
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Paved Parking, Permit Included, Surface
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 120/240V, 100 Amp Service, Circuit Breakers, Single Phase
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Phone, Phone Available, Electric Available, Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 225.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Gullway Villas
  • Condo Co-Op Phone: 410-289-8615
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s)
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Concrete, In Ground

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • 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
  • Property Condition: Good, Very Good
  • Zoning: R-2
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5401751
  • Tax Annual Amount: 2007.00
  • Assessor Parcel Number: 10-056098
  • Tax Lot: 11104
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Federal Flood Zone: Zone AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2020 07/01/20 Sold $180,000 -1.4% $214 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $182,500 +9.0% $217 / Sq Ft
05/31/2018 05/31/18 Sold $167,500 0.0% $199 / Sq Ft View Prior Sale
04/27/2018 04/27/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $167,500 -- $199 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO113624

Bright MLS