NOT LISTED FOR SALE

5 145th St Unit 102 Ocean City, MD 21842

Estimated Value: $276,000 - $294,000

1 Bed
1 Bath
585 Sq Ft
$150/mo HOA Fee

Last Sold April 29, 2021

Last sale price $215,000 $368 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,841/month

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • Furnished
  • Ocean City Elementary School Rated A
  • Deck
  • Paneling

About This Home

As of April 2021

The Perfect Beach Retreat in North Ocean City! This well maintained 1 Bedroom, 1 Bath Condo comes fully furnished and is just steps away from the Beach. There are only 9 units in this meticulously maintained building. This Condo Complex does not allow rentals and the pride of ownership shows throughout. There is a large deck area on each floor where you can sit-back, relax, and enjoy the views. On the ground floor you will find an owners storage closet, an outdoor shower, a beach locker for all of your beach equipment, and a bike rack, This unit is within walking distance to stores, restaurants, movie theaters, miniature golf, and so much more! You're just a few blocks away from Fenwick Island.

Last Agent to Sell the Property

Suzanne OBrien

(240) 506-3668 suzanne.obrien@cbmove.com Coldwell Banker Realty License #36188 Listed on: 02/04/2021

Coldwell Banker Realty

Last Buyer's Agent

Jessica Gresczyk

(410) 208-3948 soldwithjessg@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #676812

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,256

Year Built

  • Built in 1983

Lot Details

  • Building is oceanfront but unit may not have water views
  • Property is in excellent condition

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Asphalt Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 585 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Paneling
  • Insulated Doors
  • Ocean Views

Kitchen

  • Built-In Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed

Schools

  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 10-241065

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds
  • Low-Rise Condominium
  • Sun Loft Community
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,256

Year Built

Built in 1983

Lot Details

0

HOA Fees

$150 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
  • Historic: No
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-02-04
  • Federal Flood Zone: No
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Energy Star Refrigerator, Microwave, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Partially Carpeted, Vinyl
  • Fireplace: No
  • Door Features: Insulated, Storm
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 585
  • Living Area Sq Ft: 585
  • Price Per Sq Ft: 384.62
  • Above Grade Finished Sq Ft: 585
  • 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
  • Other Structures List: Shed
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Asphalt
  • Spa: No
  • View: Water, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot, On Street
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 450.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R-3
  • Zoning Description: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2256.00
  • Assessor Parcel Number: 10-241065
  • Tax Lot: 102
  • Tax Total Finished Sq Ft: 585
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/29/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Apr 29, 2021
Sold by
Young Andrew and Estate Of Patricia Gayle Young
Bought by
Schuessler Thomas Patrick
Seller's Agent
Suzanne OBrien
Coldwell Banker Realty
Buyer's Agent
Jessica Gresczyk
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
$283,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,706
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Apr 27, 2000
Sold by
Magie Deborah T
Bought by
Young Patricia G

Purchase Details

Closed on
Dec 19, 1986
Sold by
Williams Harold E and Williams Bettina S
Bought by
Magie Deborah T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,100
Interest Rate
9.3%
Source: Public Records

Range of Values:

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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
Schuessler Thomas Patrick $215,000 Ocean Investment Title Corp
Young Patricia G $63,000 --
Magie Deborah T $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magie Deborah T $53,100
Closed Young Patricia G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $215,000 -4.4% $368 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $225,000 -- $385 / 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 $2,302 $170,233 $0 $0
2024 $2,302 $164,967 $0 $0
2023 $2,251 $159,700 $79,800 $79,900
2022 $2,244 $159,700 $79,800 $79,900
2021 $2,257 $159,700 $79,800 $79,900
2020 $1,913 $159,700 $79,800 $79,900
2019 $1,878 $148,367 $0 $0
2018 $1,795 $137,033 $0 $0
2017 $1,785 $125,700 $0 $0
2016 $1,264 $125,700 $0 $0
2015 $1,264 $125,700 $0 $0
2014 $1,264 $125,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO119926

Bright MLS

APN: 10-241065