NOT LISTED FOR SALE

424 Lark Ln Ocean City, MD 21842

Estimated Value: $253,000 - $302,000

2 Beds
1 Bath
792 Sq Ft
1974 Built

Sale Details

Date Sold: October 1, 2021

Last sale price $183,000 $231 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,945 / mo

4 Days on Market

Highlights

  • Furnished
  • Community Pool
  • More Than Two Accessible Exits
  • Ocean City Elementary School Rated A
  • Window Unit Cooling System
  • Electric Baseboard Heater

About This Home

As of October 2021

Great Location! Close to Jolly Roger Amusement park and just steps to the beach. 2 Bedroom 1 bath Unit with a great rental history. Come see it before it is gone.

Last Agent to Sell the Property

Tracy Reddell

(443) 856-2211 tracy.reddell@cbmove.com Coldwell Banker Realty License #616438 Listed on: 07/25/2021

Coldwell Banker Realty

Last Buyer's Agent

Margaret Connors

(410) 524-7000 oceancity@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #635107

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 1974

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 792 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot E205
  • Assessor Parcel Number 10-060028

Community Details

Overview

  • Low-Rise Community
  • Summer Winds Community

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,756

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • 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: 3
  • Basement: No
  • Total Sq Ft: 792
  • Living Area Sq Ft: 792
  • Price Per Sq Ft: 238.64
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - 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: 250.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1756.00
  • Assessor Parcel Number: 10-060028
  • Tax Lot: E205
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2021
Closed on
Oct 1, 2021
Sold by
Bought by
Seller's Agent
Tracy Reddell
Coldwell Banker Realty
Buyer's Agent
Margaret Connors
Berkshire Hathaway HomeServices PenFed Realty
List Price
$189,000
Sold Price
$183,000
Premium/Discount to List
-$6,000
-3.17%
Current Estimated Value
$269,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,524
Avg. Annual Appreciation
8.55%
Original Mortgage
$131,250
Outstanding Balance
$118,906
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$150,618

Purchase Details

Closed on
Nov 24, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,800
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2013
Sold by
Bought by

Purchase Details

Closed on
May 24, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 1992
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,610
Interest Rate
9.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$183,000 None Available
$88,500 None Available
$86,108 None Available
$190,000 --
$42,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $131,250
Previous Owner $70,800
Previous Owner $38,610
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $183,000 -3.2% $231 / Sq Ft
07/25/2021 07/25/21 For Sale $189,000 -- $239 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,493 $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

  • T

    Seller's Agent in 2021

    Tracy Reddell

    Coldwell Banker Realty

    (443) 504-4107

    8 in this area

    19 Total Sales

    Tracy Reddell
    Section Image
  • Margaret Connors

    Buyer's Agent in 2021

    Margaret Connors

    BHHS PenFed (actual)

    (410) 430-5221

    30 in this area

    36 Total Sales

    Margaret Connors
    Section Image
  • Carol Proctor

    Buyer Co-Listing Agent in 2021

    Carol Proctor

    BHHS PenFed (actual)

    (443) 567-0650

    312 in this area

    442 Total Sales

    Carol Proctor
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2001004

Bright MLS

APN: 10-060028

Maryland Worcester County Ocean City 21842

424 Lark Ln, Ocean City, MD

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