Seller's Agent in 2020
Mark Hall
RE/MAX
(410) 726-0912
40 in this area
72 Total Sales
414 Lark Ln Ocean City, MD 21842
Estimated Value: $268,000 - $300,000
2
Beds
1
Bath
792
Sq Ft
$228/mo
HOA Fee
Highlights
- No Units Above
- City View
- Community Pool
- Ocean City Elementary School Rated A
- Property fronts the bay but unit may not have water views
- Galley Kitchen
About This Home
As of November 2020This is your chance to own your piece of Ocean City affordably. Summer Winds is a well-established Condominium association that consist of 74 spacious 2 bedroom one bath condominiums only blocks to Ocean City's famous Beach. Summer Winds also has a well maintained in-ground pool and pick-nick area that you can enjoy during those hot summer days. Summer Winds Condominium complex is near the beach, boardwalk, Jolly Roger Amusement Park, restaurants, bars and water actives. So many things to do nearby once you arrive you will not have to move your automobile.
Last Agent to Sell the Property
(410) 726-0912 markhallrealtor@gmail.com RE/MAX Advantage Realty License #628153 Listed on: 10/02/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,599
Year Built
- Built in 1974
Lot Details
- Property fronts the bay but unit may not have water views
- No Units Above
- 1 Common Wall
- South Facing Home
- Cleared Lot
- Property is in good condition
HOA Fees
- $228 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Flat Roof Shape
- Block Foundation
- Built-Up Roof
- HardiePlank Type
- Stick Built Home
Interior Spaces
- 792 Sq Ft Home
- Property has 3 Levels
- Double Pane Windows
- Insulated Windows
- Open Floorplan
- Dining Area
- Laminate Flooring
- City Views
Kitchen
- Galley Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Parking
- 90 Open Parking Spaces
- 90 Parking Spaces
- Private Parking
- On-Street Parking
- Parking Lot
- Off-Street Parking
- Parking Permit Included
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Berlin Intermediate 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
- Property is used as a vacation rental
- Tax Lot D301
- Assessor Parcel Number 10-060753
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), parking fee, trash, water
- 5 Units
- Low-Rise Condominium
- Summer Winds Condos, Phone Number (410) 271-1278
- Summer Winds Community
- Bayshore Estates Subdivision
- Property Manager
Amenities
- Common Area
Recreation
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2020
Closed on
Nov 6, 2020
Sold by
Pizza Dolores Ann
Bought by
Gambino Peter M and Gambino Nichole M
Seller's Agent
Mark Hall
RE/MAX Advantage Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$145,000
Sold Price
$158,000
Premium/Discount to List
$13,000
8.97%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,683
Avg. Annual Appreciation
11.74%
Purchase Details
Closed on
Jun 14, 1988
Sold by
Schmidt Charles E
Bought by
Ingson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
10.51%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gambino Peter M | $158,000 | Capitol Title Group | |
| Ingson | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ingson | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2020 11/06/20 | Sold | $158,000 | +9.0% | $199 / Sq Ft |
| 10/04/2020 10/04/20 | Pending | -- | -- | -- |
| 10/02/2020 10/02/20 | For Sale | $145,000 | -- | $183 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,498 | $113,200 | $56,600 | $56,600 |
| 2019 | $1,498 | $105,267 | $0 | $0 |
| 2018 | $1,371 | $97,333 | $0 | $0 |
| 2017 | $1,269 | $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
-
Mark Hall
-
Dustin Oldfather
Buyer's Agent in 2020
Dustin Oldfather
Compass
(302) 249-5899
107 in this area
1,468 Total Sales
-
Sherry Thens
Buyer Co-Listing Agent in 2020
Sherry Thens
Coldwell Banker Realty
(302) 500-1809
48 in this area
103 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO117312
APN: 10-060753
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