NOT LISTED FOR SALE

414 Lark Ln Ocean City, MD 21842

Estimated Value: $268,000 - $298,000

2 Beds
1 Bath
792 Sq Ft
$275/mo HOA Fee

Last Sold July 21, 2023

Last sale price $262,900 $332 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,959/month

25 Days on Market

Highlights

  • Community Pool
  • Electric Baseboard Heater
  • 60+ Gallon Tank
  • Ocean City Elementary School Rated A

About This Home

As of July 2023

Hello! Thank you for considering this beautiful 2-bedroom, 1-bathroom condo in Ocean City, Maryland. It is located in the heart of Ocean City on Bayside and offers all the amenities you need to make your stay comfortable and convenient. The condo is freshly painted with new floors and fully furnished, ready for move-in or rental. The open-plan living and dining area is perfect for relaxing with family and friends after a day at the beach. The fully equipped kitchen with granite countertops provides everything you need to prepare meals. Both bedrooms offer plenty of storage and comfortable beds to ensure a good night's sleep. The bathroom is equipped with all the essentials, including a shower and bathtub. The outdoor pool is perfect for cooling off and enjoying the sun, and the bike rack makes it easy to explore all that Ocean City has to offer. You can also grill out at the community picnic area. The condo is just a short walk from the beach, so you can enjoy the sun, sand, surf, boardwalk, and restaurants in no time. This condo is an excellent rental income opportunity, with its prime location, great amenities, and close proximity to the beach. Recently, the washer, dryer, and refrigerator have been replaced, and the dishwasher, hot water heater, and garbage disposal have been replaced in the last two years. Additionally, the parking lot has just been resurfaced. Don't miss this chance to own a piece of paradise in Ocean City. Book your showing today!

Last Agent to Sell the Property

Jeremy McDonough

(410) 486-5478 jeremy@mrlisterrealty.com Mr. Lister Realty Listed on: 05/26/2023

Last Buyer's Agent

Leslie Smith

(410) 251-8688 lesliesmithsellsocmd@gmail.com Sheppard Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,752

Year Built

  • Built in 1974

Lot Details

  • 348

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 2nd floor
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 792 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Flood Risk

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • 60+ Gallon Tank
  • Public Septic

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot D203
  • Assessor Parcel Number 2410060877

Community Details

Overview

  • Low-Rise Condominium
  • Summer Winds Community

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,752

Year Built

Built in 1974

Lot Details

0

HOA Fees

$275 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
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 792
  • Living Area Sq Ft: 792
  • Price Per Sq Ft: 335.73
  • Above Grade Finished Sq Ft: 792
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Stick Built, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 275.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 1752.00
  • Assessor Parcel Number: 2410060877
  • Tax Lot: D203
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2003
Sold by
Kugler Earl S
Bought by
Todd Walls and Walls Ann
Current Estimated Value
$277,141

Purchase Details

Closed on
Feb 19, 2002
Sold by
Mcgrath James T
Bought by
Kugler Earl S

Purchase Details

Closed on
Dec 23, 1997
Sold by
Delores Folliard
Bought by
Mcgrath James T

Purchase Details

Closed on
Jun 18, 1996
Sold by
Belz Paul D and Belz Patrice G
Bought by
Delores Folliard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Todd Walls $128,000 --
Kugler Earl S $67,500 --
Mcgrath James T $41,800 --
Delores Folliard $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Delores Folliard --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $262,900 -1.1% $332 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $265,900 -- $336 / 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 $2,717 $199,000 $0 $0
2024 $2,294 $164,400 $0 $0
2023 $1,824 $129,800 $64,900 $64,900
2022 $1,746 $124,267 $0 $0
2021 $1,678 $118,733 $0 $0
2020 $1,599 $113,200 $56,600 $56,600
2019 $1,498 $105,267 $0 $0
2018 $1,371 $97,333 $0 $0
2017 $1,263 $89,400 $0 $0
2016 -- $89,400 $0 $0
2015 $1,768 $89,400 $0 $0
2014 $1,768 $106,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2014094

Bright MLS

APN: 10-060877