NOT LISTED FOR SALE

5 144th St Unit 2D Ocean City, MD 21842

Estimated Value: $291,000 - $320,054

1 Bed
1 Bath
720 Sq Ft
$200/mo HOA Fee

Last Sold October 30, 2020

Last sale price $200,500 $278 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,029/month

2 Days on Market

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • Combination Kitchen and Living
  • Ocean City Elementary School Rated A
  • Furnished
  • Balcony

About This Home

As of October 2020

This Ocean Side Beach Home is waiting for you, be here in time to enjoy the great Fall Weather. Starboard Tack is a masonry building in a great location on a quiet street with off street Parking, Fully Furnished with Beach Decor, Large Covered Balcony facing North allows for relaxation and great for family fun with a View of the Ocean. Storage Unit for your Beach Gear. Assigned Parking. Just steps to the Atlantic Ocean Sun & Surf, catch the early morning Sunrise and head across the street for the Sunset. Near distance to Shopping and popular Restaurants, Low Condo Fees and Excellent Rental Potential. Don't miss out on this unit ! Professional pics coming soon. No building assessments. Seller will consider providing credit for New Stove and Frig if not delivered in time prior to offer.

Last Agent to Sell the Property

Lauren Smith

Keller Williams Realty License #246971 Listed on: 09/20/2020

Keller Williams Realty

Last Buyer's Agent

Creig Northrop

Northrop Realty

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,238

Year Built

  • Built in 1972

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 720 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Combination Kitchen and Living
  • Carpet
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Building is oceanfront but unit may not have water views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 2D
  • Assessor Parcel Number 10-175607

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, trash
  • Low-Rise Condominium
  • Starboard Tack Association Condos
  • Starboard Tack Community
  • Property Manager

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,238

Year Built

Built in 1972

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Exclusions: Personal Items, few pictures and staging items
  • Home Warranty: No
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-10-02
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Remarks Public: This Ocean Side Beach Home is waiting for you, be here in time to enjoy the great Fall Weather. Starboard Tack is a masonry building in a great location on a quiet street with off street Parking, Fully Furnished with Beach Decor, Large Covered Balcony facing North allows for relaxation and great for family fun with a View of the Ocean. Storage Unit for your Beach Gear. Assigned Parking. Just steps to the Atlantic Ocean Sun & Surf, catch the early morning Sunrise and head across the street for the Sunset. Near distance to Shopping and popular Restaurants, Low Condo Fees and Excellent Rental Potential. Don't miss out on this unit ! Professional pics coming soon. No building assessments. Seller will consider providing credit for New Stove and Frig if not delivered in time prior to offer.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Refrigerator
  • Entry Floor: 2
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Living
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 720
  • Living Area Sq Ft: 720
  • Price Per Sq Ft: 256.94
  • Above Grade Finished Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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: Stucco
  • Exterior Features: Exterior Lighting
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2400.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Starboard Tack Association
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • High School: STEPHEN DECATUR
  • High School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • High School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5411713
  • Tax Annual Amount: 2238.00
  • Assessor Parcel Number: 10-175607
  • Tax Lot: 2D
  • Tax Total Finished Sq Ft: 720
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/30/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Hooks Michele and Hooks James
Bought by
J And M Hooks Properties Llc
Current Estimated Value
$301,264

Purchase Details

Listed on
Sep 20, 2020
Closed on
Oct 30, 2020
Sold by
Gibson Nancy J
Bought by
Hooks Michele and Hooks James
Seller's Agent
Lauren Smith
Keller Williams Realty
Buyer's Agent
Creig Northrop
Northrop Realty
List Price
$185,000
Sold Price
$200,500
Premium/Discount to List
$15,500
8.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$180,450
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2012
Sold by
Gibson Nancy J and Pounds Steven R
Bought by
Gibson Nancy J
Source: Public Records

Range of Values:

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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
J And M Hooks Properties Llc -- None Listed On Document
J And M Hooks Properties Llc -- None Listed On Document
Hooks Michele -- None Listed On Document
Hooks Michele $200,500 Sage Title Group Llc
Gibson Nancy J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hooks Michele $180,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $200,500 +8.4% $278 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/20/2020 09/20/20 For Sale $185,000 -- $257 / 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 $2,411 $187,200 $0 $0
2024 $2,411 $172,800 $0 $0
2023 $2,233 $158,400 $79,200 $79,200
2022 $2,226 $158,400 $79,200 $79,200
2021 $2,238 $158,400 $79,200 $79,200
2020 $2,238 $158,400 $79,200 $79,200
2019 $2,215 $155,733 $0 $0
2018 $2,156 $153,067 $0 $0
2017 $2,125 $150,400 $0 $0
2016 -- $149,700 $0 $0
2015 $2,056 $149,000 $0 $0
2014 $2,056 $148,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO116920

Bright MLS

APN: 10-175607