NOT LISTED FOR SALE

506 136th St Ocean City, MD 21842

Estimated Value: $432,000 - $487,369

2 Beds
2 Baths
1,120 Sq Ft
$402/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $230,000 $205 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,765/month

Highlights

  • Rambler Architecture
  • No HOA
  • Electric Baseboard Heater
  • Ocean City Elementary School Rated A
  • 1 Car Attached Garage
  • 4-minute walk to Gorman Avenue Park

About This Home

As of March 2020

Location! Location! Location! Welcome to the Caine Woods Community! This remarkable 2 Bedroom 2 Full Bathroom Single Family Home is conveniently located near the beach, and not far from Ocean City Attractions and Entertainment. This home has it all. This attractive home has a fenced in yard, on a nice corner lot. Enjoy the outdoors, this home has a screened-in porch, for entertaining and relaxing. The interior layout has a nice open floor plan. The spacious kitchen equipped with stainless steal appliances, with plenty of cabinet space. Enjoy dining with the open dining area, that extends to the breakfast bar in the kitchen. Full Sized Washer & Dryer. Master Bedroom with Master Bathroom that has NEW custom sink counter top and updates. So, pull up and park in the garage, and your HOME SWEET HOME!

Last Agent to Sell the Property

Karen Oass

(443) 880-5727 karen.oass@longandfoster.com Long & Foster Real Estate, Inc. License #504976 Listed on: 10/29/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Karen Oass

(443) 880-5727 karen.oass@longandfoster.com Long & Foster Real Estate, Inc. License #504976 Listed on: 10/29/2019

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1991

Lot Details

  • 5,283

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Rambler Architecture
  • Aluminum Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater

Additional Features

  • 5,283 Sq Ft Lot
  • Flood Risk

Community Details

  • No Home Owners Association
  • Caine Woods Subdivision

Listing and Financial Details

  • Tax Lot 9565A
  • Assessor Parcel Number 10-181666

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,228

Year Built

Built in 1991

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1991
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 209.82
  • Above Grade Finished Sq Ft: 1120
  • 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: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5283.00
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5412191
  • Tax Annual Amount: 3228.00
  • Assessor Parcel Number: 10-181666
  • Tax Lot: 9565A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Mar 30, 2020
Sold by
Matters William and Matters Joan A
Bought by
Oass Karen Barrett
Seller's Agent
Karen Oass
Long & Foster Real Estate, Inc.
Buyer's Agent
Karen Oass
Long & Foster Real Estate, Inc.
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Current Estimated Value
$450,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,342
Avg. Annual Appreciation
12.80%
Original Mortgage
$172,500
Outstanding Balance
$152,814
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$297,528

Purchase Details

Closed on
Jul 31, 2015
Sold by
Dryer William
Bought by
Matters William and Matters Joan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 1997
Sold by
Dryer Winifred M
Bought by
Dryer Winifred M

Purchase Details

Closed on
Jun 26, 1990
Sold by
Barrett Anthony W and Barrett Margaret K
Bought by
Dryer Winifred M

Purchase Details

Closed on
Sep 8, 1987
Sold by
Grubbs George L and Grubbs Elizabeth S
Bought by
Barrett Anthony W and Barrett Margaret K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
10.63%
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
Oass Karen Barrett $230,000 None Available
Matters William $208,000 Ocean Investments Title Corp
Dryer Winifred M -- --
Dryer Winifred M $42,000 --
Barrett Anthony W $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oass Karen Barrett $172,500
Previous Owner Matters William $166,400
Previous Owner Barrett Anthony W $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2020 03/30/20 Sold $230,000 -2.1% $205 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $235,000 0.0% $210 / Sq Ft
12/27/2019 12/27/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $235,000 -- $210 / 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 $4,831 $353,767 $0 $0
2024 $4,117 $295,033 $0 $0
2023 $3,321 $236,300 $147,000 $89,300
2022 $3,277 $233,167 $0 $0
2021 $3,251 $230,033 $0 $0
2020 $3,206 $226,900 $147,000 $79,900
2019 $3,228 $226,900 $147,000 $79,900
2018 $3,222 $226,900 $147,000 $79,900
2017 $3,232 $231,000 $0 $0
2016 $3,232 $227,633 $0 $0
2015 $2,927 $224,267 $0 $0
2014 $2,927 $220,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO110138

Bright MLS

APN: 10-181666