NOT LISTED FOR SALE

414 Lark Ln Ocean City, MD 21842

Estimated Value: $268,000 - $300,000

2 Beds
1 Bath
792 Sq Ft
$300/mo HOA Fee

Last Sold September 09, 2024

Last sale price $287,000 $362 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,015/month

6 Days on Market

Highlights

  • Furnished
  • Community Pool
  • Luxury Vinyl Plank Tile Flooring
  • Ocean City Elementary School Rated A
  • Stainless Steel Appliances
  • Storm Doors

About This Home

As of September 2024

Welcome to Summer Winds, a beautifully updated two-bedroom, one-bathroom condo in the heart of Ocean City, Maryland. Situated in a prime first-floor location, this unit offers easy access to a wide range of desirable amenities and attractions, making it the perfect coastal retreat.

The interior of the condo boasts freshly painted drywall, new craftsman trim, and all-new doors, complemented by wall-to-wall vinyl plank (LVP) flooring. The property has undergone significant upgrades, including a new hot water heater installed in 2023, an updated electrical panel, and a brand new three-head Pioneer mini-split system that was professionally installed and permitted. Convenience is further enhanced with a stackable washer and dryer.

The kitchen has been transformed with stunning new granite countertops, an elegant tile backsplash, all-wood construction cabinets, and modern lighting throughout. The bathroom has also been updated with a brand new vanity and toilet, ensuring a fresh and contemporary feel.

Additional features include newer windows throughout the unit, mounted flatscreen TVs in each room, and a separate owner’s closet. The condo is sold completely furnished, with the exception of a few personal items, allowing for an effortless move-in experience. The Summer Winds community offers a beautiful pool, perfect for family enjoyment and relaxation.

This turnkey property is ready for you to move in and start enjoying all that Ocean City has to offer. Don’t miss out on this opportunity to own a piece of the beach. Schedule your viewing today!

Last Agent to Sell the Property

Jessica Stroble

(717) 309-8172 jessicabythesea@outlook.com Sheppard Realty Inc License #5016061 Listed on: 08/19/2024

Last Buyer's Agent

Sohail Rehman

(703) 923-0000 srmaxrealtors@gmail.com SR Investments & Realtors, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,830

Year Built

  • Built in 1974

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Stick Built Home

Interior Spaces

  • 792 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Parking

  • Parking Lot
  • Off-Street Parking
  • Unassigned Parking

Schools

  • Stephen Decatur High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Electric Water Heater

Additional Features

  • Property is in excellent condition
  • Flood Risk

Listing and Financial Details

  • Tax Lot D101
  • Assessor Parcel Number 2410060583

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), reserve funds
  • Low-Rise Condominium
  • Summer Winds Community
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,830

Year Built

Built in 1974

Lot Details

0

HOA Fees

$300 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
  • Exclusions: Personal items - See addendum
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-08-19
  • 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

  • Appliances: Washer/Dryer Stacked, Dishwasher, Stainless Steel Appliances
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank
  • Fireplace: No
  • Door Features: Storm
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 792
  • Living Area Sq Ft: 792
  • Price Per Sq Ft: 366.04
  • 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: Stick Built, Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • 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: 300.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District Source: Listing Agent
  • High School: STEPHEN DECATUR

Lot Info

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

Rental Info

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

Tax Info

  • Tax Annual Amount: 1830.00
  • Assessor Parcel Number: 2410060583
  • Tax Lot: D101
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

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
Aug 19, 2024
Closed on
Sep 7, 2024
Sold by
Beatty Property Group Llc
Bought by
Fourth Dimension Properties Inc
Seller's Agent
Jessica Stroble
Sheppard Realty Inc
Buyer's Agent
Sohail Rehman
SR Investments & Realtors, LLC
List Price
$289,900
Sold Price
$287,000
Premium/Discount to List
-$2,900
-1%
Views
40
Current Estimated Value
$279,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,029
Avg. Annual Appreciation
-1.98%

Purchase Details

Closed on
Nov 13, 2014
Sold by
Samuels Jennifer R and Samuels Nancy S
Bought by
Jarmulowski Rosemarie

Purchase Details

Closed on
Nov 19, 2004
Sold by
Koons Terry L and Koons Donna W
Bought by
Samuels Jennifer R and Samuels Nancy S

Purchase Details

Closed on
Sep 10, 2004
Sold by
Koons Terry L and Koons Donna W
Bought by
Samuels Jennifer R and Samuels Nancy S

Purchase Details

Closed on
Jun 28, 1985
Sold by
Teter Gary E
Bought by
Koons Terry L and Koons Donna W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,400
Interest Rate
12.15%

Purchase Details

Closed on
Apr 6, 1984
Sold by
Patrick Joseph P and Patrick Elizabeth J
Bought by
Teter Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
13.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fourth Dimension Properties Inc $287,000 None Listed On Document
Fourth Dimension Properties Inc $287,000 None Listed On Document
Jarmulowski Rosemarie $118,750 First American Title Ins Co
Samuels Jennifer R $159,900 --
Samuels Jennifer R $159,900 --
Koons Terry L $44,900 --
Teter Gary E $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koons Terry L $31,400
Previous Owner Teter Gary E $35,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2024 09/09/24 Sold $287,000 -1.0% $362 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $289,900 +10.4% $366 / Sq Ft
12/14/2023 12/14/23 Sold $262,500 +9.8% $331 / Sq Ft View Prior Sale
11/06/2023 11/06/23 Pending -- -- --
11/04/2023 11/04/23 For Sale $239,000 -- $302 / 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 $2,898 $212,200 $0 $0
2024 $2,386 $171,000 $0 $0
2023 $1,830 $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 $1,730 $89,400 $0 $0
2014 $1,730 $106,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2022094

Bright MLS

APN: 10-060583