NOT LISTED FOR SALE

509 142nd St Unit C202 Ocean City, MD 21842

Estimated Value: $256,310 - $282,000

2 Beds
1 Bath
728 Sq Ft
$567/mo HOA Fee

Last Sold August 31, 2018

Last sale price $135,000 $185 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,185/month

Highlights

  • Contemporary Architecture
  • Eat-In Kitchen
  • Heat Pump System
  • Ocean City Elementary School Rated A
  • Ceiling Fan

About This Home

As of August 2018

GREAT PRICE on this adorable condo in quiet North OC, just a few blocks from the ocean! Condo building only has 4 condos, the entire complex just has 14 condos, with a private parking lot behind the buildings. Walking distance to water access and restaurant too. This condo has a private deck (not a community deck) with a pretty view for outdoor leisure. The kitchen has just been remodeled with new cabinets and counters, the floor in the living room, kitchen and dining is new wood-look vinyl which is water proof. The bathroom has also been updated. The building has new decks and railings, the roof was new in 2016. Owner also replaced the windows. This is like new and the perfect condo to enjoy the beach, the ocean and the bay and it is Move-In Ready. Sold furnished.

Last Agent to Sell the Property

Dayna Feher

(443) 783-0727 dayna@beachhomesde.com Keller Williams Realty License #524093 Listed on: 07/20/2018

Keller Williams Realty

Last Buyer's Agent

ANNIE Buxbaum

anniebuxbaum1@gmail.com Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,728

Year Built

  • Built in 1965

HOA Fees

  • $567 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 728 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Off-Street Parking

Location

  • Flood Risk

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • 100 Amp Service
  • Water Heater

Community Details

  • Association fees include common area maintenance, insurance
  • Low-Rise Condominium
  • Wedgewood Community

Listing and Financial Details

  • Tax Lot 7364A
  • Assessor Parcel Number 10-237831

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,728

Year Built

Built in 1965

Lot Details

0

HOA Fees

$567 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Water Heater
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 728
  • Living Area Sq Ft: 728
  • Price Per Sq Ft: 196.29
  • Above Grade Finished Sq Ft: 728
  • 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: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1700.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

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

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5417045
  • Tax Annual Amount: 1728.00
  • Assessor Parcel Number: 10-237831
  • Tax Lot: 7364A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 30, 2018
Sold by
Leyden Cathy M and Colonna Cathy M
Bought by
Little Lee Ann Worthington and Wittelsberger John Kurt
Seller's Agent
Dayna Feher
Keller Williams Realty
Buyer's Agent
ANNIE Buxbaum
Long & Foster Real Estate, Inc.
List Price
$142,900
Sold Price
$135,000
Premium/Discount to List
-$7,900
-5.53%
Current Estimated Value
$270,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,328
Avg. Annual Appreciation
10.18%
Original Mortgage
$108,000
Outstanding Balance
$66,504
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$203,824

Purchase Details

Closed on
Apr 29, 1998
Sold by
Holmes Phyllis B
Bought by
Colonna Cathy M

Purchase Details

Closed on
Nov 21, 1983
Sold by
Fair Allen J and Mary Lynn Snyder
Bought by
Holmes Robert and Holmes Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
13.42%
Source: Public Records

Range of Values:

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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
Little Lee Ann Worthington $135,000 None Available
Colonna Cathy M $44,000 --
Holmes Phyllis B -- --
Holmes Robert $42,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little Lee Ann Worthington $108,000
Previous Owner Holmes Robert $38,000
Closed Colonna Cathy M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $135,000 -5.5% $185 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $142,900 -- $196 / 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 $2,405 $176,133 $0 $0
2024 $2,072 $148,467 $0 $0
2023 $1,698 $120,800 $60,400 $60,400
2022 $1,698 $120,800 $60,400 $60,400
2021 $1,707 $120,800 $60,400 $60,400
2020 $1,707 $120,800 $60,400 $60,400
2019 $1,719 $120,800 $60,400 $60,400
2018 $1,714 $120,800 $60,400 $60,400
2017 $1,626 $122,300 $0 $0
2016 $1,626 $114,533 $0 $0
2015 $782 $106,767 $0 $0
2014 $782 $99,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002074178

Bright MLS

APN: 10-237831