NOT LISTED FOR SALE

414 Lark Ln Ocean City, MD 21842

Estimated Value: $219,000 - $303,000

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

Last Sold February 29, 2024

Last sale price $240,000 $303 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,966/month

95 Days on Market

Highlights

  • Contemporary Architecture
  • Property fronts the bay but unit may not have water views
  • Community Pool
  • Ocean City Elementary School Rated A
  • Traditional Floor Plan
  • Outdoor Grill

About This Home

As of February 2024

Rare opportunity to own a great unit in this well maintained bayside building. The professionally managed building includes off-street parking in the paved parking area, green spaces, BBQ qrill, and best of all a large in-ground pool. This end unit is close to all that Ocean City has to offer and an easy walk to the beach, ocean, amusement park, go-carts, mini-golf, shopping, dining, and more. No tenant-ready for quick settlement and move in.

Last Agent to Sell the Property

Ted Smith

(410) 289-8888 tsmith@holidayoc.com Holiday Real Estate License #510438 Listed on: 11/04/2023

Last Buyer's Agent

Eka Suryadi Poling

(443) 735-6032 eka.suryadi@kw.com Keller Williams Realty Delmarva License #RS-0037015

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,830

Year Built

  • Built in 1974

Lot Details

  • Property fronts the bay but unit may not have water views

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Stick Built Home

Interior Spaces

  • 792 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Electric Washer and Dryer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • Parking Permit Included

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot D201
  • Assessor Parcel Number 2410060001

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, parking fee, pool(s), reserve funds, water
  • Low-Rise Condominium
  • Summer Winds Community
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,830

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: Contemporary
  • Ownership: Condominium
  • Exclusions: Personal items
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stove, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Combination Dining/Living, Dining Area, Floor Plan - Traditional, Window Treatments
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 792
  • Living Area Sq Ft: 792
  • Price Per Sq Ft: 314.39
  • 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
  • Exterior Features: Bbq Grill, Exterior Lighting
  • Road Surface Type: Access - On Grade, Black Top, Paved
  • 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, Paved Driveway, Permit Included
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, DSL, Fixed Wireless

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 275.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Parking Fee, Pool(s), Reserve Funds, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, 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

Lot Info

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

Rental Info

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

Tax Info

  • Tax Annual Amount: 1830.00
  • Assessor Parcel Number: 2410060001
  • Tax Lot: D201
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
Feb 23, 2024
Sold by
Brashears Kimberley D and Brashears Randolph E
Bought by
Blaskova Sona and Diu Chich Cuong
Seller's Agent
Ted Smith
Holiday Real Estate
Buyer's Agent
Eka Suryadi Poling
Keller Williams Realty Delmarva
List Price
$269,000
Sold Price
$240,000
Premium/Discount to List
-$29,000
-10.78%
Views
212
Current Estimated Value
$275,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,648
Avg. Annual Appreciation
5.88%

Purchase Details

Listed on
Dec 30, 2016
Closed on
May 8, 2017
Sold by
Accardo Philip A and Sccardo Marie
Bought by
Brashears Randolph Edwin and Brashears Kimberley D
Seller's Agent
Jeannie Betten
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Joel Feldman
Martz and Associates Real Estate LLC
List Price
$135,000
Sold Price
$127,500
Premium/Discount to List
-$7,500
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$102,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2006
Sold by
Adelle Lynch Amy
Bought by
Accardo Philip A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2006
Sold by
Adelle Lynch Amy
Bought by
Accardo Philip A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2001
Sold by
Pritchard Douglas B
Bought by
Lynch Amy Adelle
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blaskova Sona $240,000 Community Title Network
Blaskova Sona $240,000 Community Title Network
Brashears Randolph Edwin $127,500 Ocean Investment Title Corp
Accardo Philip A $199,900 --
Accardo Philip A $199,900 --
Lynch Amy Adelle $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brashears Randolph Edwin $102,000
Previous Owner Accardo Philip A $140,000
Previous Owner Accardo Philip A $140,000
Closed Lynch Amy Adelle --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $240,000 -3.6% $303 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $249,000 -3.9% $314 / Sq Ft
01/08/2024 01/08/24 Price Changed $259,000 -3.7% $327 / Sq Ft
11/04/2023 11/04/23 For Sale $269,000 +111.0% $340 / Sq Ft
05/08/2017 05/08/17 Sold $127,500 -5.6% $161 / Sq Ft View Prior Sale
03/22/2017 03/22/17 Pending -- -- --
12/30/2016 12/30/16 For Sale $135,000 -- $170 / 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 $1,824 $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 $1,730 $89,400 $0 $0
2014 $1,730 $106,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2017470

Bright MLS

APN: 10-060001