NOT LISTED FOR SALE

504 Seaweed Ln Unit AA Ocean City, MD 21842

Estimated Value: $303,000 - $323,000

2 Beds
2 Baths
832 Sq Ft
$150/mo HOA Fee

Last Sold October 14, 2022

Last sale price $299,900 $360 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,067/month

Highlights

  • View of Trees or Woods
  • Bayside
  • Attic
  • Ocean City Elementary School Rated A
  • A-Frame Home
  • Furnished

About This Home

As of October 2022

Beautiful well cared for and updated 2nd floor unit in duplex building. original owners and never rented.
2.5 blocks to beach in quiet wooded setting,close to all amenities

Last Agent to Sell the Property

William Helmuth

(410) 430-9897 billhelmuth@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #57439 Listed on: 09/08/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Jane Jiang

(843) 819-2593 jane@wilcoxnar.com United Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1991

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Off-Street Spaces

Home Design

  • A-Frame Home
  • Entry on the 2nd floor
  • Frame Construction
  • Pitched Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 832 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Combination Kitchen and Dining Room
  • Views of Woods
  • Crawl Space
  • Stacked Electric Washer and Dryer
  • Attic

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Flood Risk
  • Bayside

Schools

  • Ocean City Elementary School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • High-Efficiency Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Outdoor Storage
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 2410337496

Community Details

Overview

  • Association fees include exterior building maintenance, insurance
  • 2 Units
  • Low-Rise Condominium
  • Oyster Bay Villas Community
  • Caine Woods Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,368

Year Built

Built in 1991

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: A-Frame
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Exclusions: Personal items some pictures and kitchenware. linens Pictures with stickers. All things in owners closet
  • Historic: No
  • Home Warranty: No
  • Inclusions: Fully furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater - High-Efficiency
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Combination Kitchen/Dining
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 832
  • Living Area Sq Ft: 832
  • Price Per Sq Ft: 360.46
  • Above Grade Finished Sq Ft: 832
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Secure Storage
  • Roof: Asphalt, Pitched
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Broadband, 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: Ext Bldg Maint, Insurance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5425646
  • Tax Annual Amount: 2368.00
  • Assessor Parcel Number: 2410337496
  • Tax Lot: A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 14, 2022
Sold by
Loftus Dennis L
Bought by
Jiang Yunyun
Seller's Agent
William Helmuth
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Jane Jiang
United Realty, Inc.
List Price
$299,900
Sold Price
$299,900
Views
35
Current Estimated Value
$311,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,993
Avg. Annual Appreciation
1.30%
Original Mortgage
$224,925
Outstanding Balance
$216,414
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$95,479

Purchase Details

Closed on
Oct 30, 1992
Sold by
L T Construction Inc
Bought by
Loftus Dennis L and Loftus Carolyn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
8.21%
Source: Public Records

Range of Values:

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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
Jiang Yunyun $299,900 --
Loftus Dennis L $77,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Yunyun $224,925
Previous Owner Loftus Dennis L $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $299,900 0.0% $360 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $299,900 -- $360 / 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 $3,416 $250,133 $0 $0
2024 $2,917 $209,067 $0 $0
2023 $2,361 $168,000 $84,000 $84,000
2022 $2,361 $168,000 $84,000 $84,000
2021 $2,374 $168,000 $84,000 $84,000
2020 $2,374 $168,000 $84,000 $84,000
2019 $2,390 $168,000 $84,000 $84,000
2018 $2,366 $168,000 $84,000 $84,000
2017 $2,373 $168,000 $0 $0
2016 -- $168,000 $0 $0
2015 $2,696 $168,000 $0 $0
2014 $2,696 $183,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    William Helmuth

    BHHS PenFed (actual)

    (410) 430-9897

    2 in this area

    9 Total Sales

    William Helmuth
    Section Image

  • J

    Buyer's Agent in 2022

    Jane Jiang

    United Realty, Inc.

    (843) 819-2593

    1 in this area

    1 Total Sale

    Jane Jiang
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2010070

Bright MLS

APN: 10-337496

Maryland Worcester County Ocean City 21842

504 Seaweed Ln Unit AA, Ocean City, MD

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