Seller's Agent in 2024
Katy Durham
Coldwell Banker Realty
(410) 726-2398
54 in this area
66 Total Sales
700 Mooring Rd Unit UB1 Ocean City, MD 21842
Estimated Value: $326,000 - $402,799
2
Beds
2
Baths
1,000
Sq Ft
$350/mo
HOA Fee
Highlights
- 50 Feet of Waterfront
- Ski Accessible
- Pier or Dock
- Ocean City Elementary School Rated A
- Shared Slip
- Access to Tidal Water
About This Home
As of October 2024LOWEST PRICED FOR A BAYSIDE WATERFRONT CONDO THATS 1000 SQ FT! READY FOR IMMEDIATE OCCUPANCY! GREAT RENTAL POTENTIAL! CANAL FRONT! TOTALLY RENOVATED! This 2BR 2BA waterfront condo has been totally updated. New stainless-steel appliances, new full-size washer and dryer, granite counter, updated luxury vinyl flooring, updated bathrooms, custom paint and new window glass. This first-floor unit overlooks the canal and features a large side yard common area with picnic table. Conveniently located in what is known locally as Little Salisbury this condo is within walking distance to the beach, shopping and restaurants. Shared docking for a jet ski or small boat. Two assigned parking spaces and extra quest parking. All of the updating has been done now it's time for you to make this unit your own! Great vacation rental potential or owner vacation getaway! This unit is sold unfurnished so we have included virtual staging pictures of the living area, master bedroom and 2nd bedroom to give you an idea of how your unit would look furnished! (reserve study completed - no assessments) Low condo fees! This property is vacant and easy to show! Bring us an offer and let us help you get in now to enjoy the beautiful late summer and fall seasons in Ocean City!
Last Agent to Sell the Property
(410) 726-2398 kdurham@cbmove.com Coldwell Banker Realty Listed on: 03/30/2024
Last Buyer's Agent
(443) 880-1032 bjorklandmove@gmail.com Coldwell Banker Realty License #RS-0023307
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,860
Year Built
- Built in 1984 | Remodeled in 2023
Lot Details
- 50 Feet of Waterfront
- Home fronts navigable water
- Home fronts a canal
- Year Round Access
- Sprinkler System
- Side Yard
- Property is in excellent condition
HOA Fees
- $350 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Built-Up Roof
- Vinyl Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 1,000 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Crown Molding
- Ceiling Fan
- Insulated Windows
- Sliding Windows
- Window Screens
- Dining Area
- Canal Views
Kitchen
- Gourmet Kitchen
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Carpet
- Luxury Vinyl Plank Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Paved Parking
- Parking Lot
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- Property is near a canal
- Bulkhead
- Shared Slip
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Heating
- Heat Pump System
- Vented Exhaust Fan
- Electric Water Heater
- Municipal Trash
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot B1
- Assessor Parcel Number 2410252857
Community Details
Overview
- Association fees include common area maintenance, insurance, management, pier/dock maintenance, reserve funds, water
- Low-Rise Condominium
- Eight On The Bay Community
Amenities
- Picnic Area
Recreation
- Pier or Dock
- 1 Community Docks
- Fishing Allowed
- Ski Accessible
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2024
Closed on
Oct 24, 2024
Sold by
Omid Land Group Llc
Bought by
Rosenberger Paul W and Daniels Tracey J
Seller's Agent
Katy Durham
Coldwell Banker Realty
Buyer's Agent
Kelley Bjorkland
Coldwell Banker Realty
List Price
$349,900
Sold Price
$329,900
Premium/Discount to List
-$20,000
-5.72%
Views
425
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,800
Avg. Annual Appreciation
9.64%
Original Mortgage
$329,900
Outstanding Balance
$326,258
Interest Rate
6.09%
Mortgage Type
VA
Estimated Equity
$35,442
Purchase Details
Closed on
Sep 26, 2022
Sold by
Mrito Gregory N
Bought by
Omid Land Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,710
Interest Rate
5.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 19, 2001
Sold by
Vallerani John J and Vallerani Mary T
Bought by
Osborn Regina
Purchase Details
Closed on
Dec 31, 1985
Sold by
C C K Associates A Md Gen
Bought by
Vallerani John J and Vallerani Mary T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
11.09%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rosenberger Paul W | $329,900 | Title Resource Guaranty Compan | |
| Rosenberger Paul W | $329,900 | Title Resource Guaranty Compan | |
| Omid Land Group Llc | $247,000 | -- | |
| Osborn Regina | $72,000 | -- | |
| Vallerani John J | $46,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rosenberger Paul W | $329,900 | |
| Closed | Rosenberger Paul W | $329,900 | |
| Previous Owner | Omid Land Group Llc | $271,710 | |
| Previous Owner | Vallerani John J | $41,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2024 10/28/24 | Sold | $329,900 | 0.0% | $330 / Sq Ft |
| 07/10/2024 07/10/24 | Price Changed | $329,900 | -2.9% | $330 / Sq Ft |
| 06/05/2024 06/05/24 | Price Changed | $339,900 | -2.9% | $340 / Sq Ft |
| 03/30/2024 03/30/24 | For Sale | $349,900 | -- | $350 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,851 | $294,667 | $0 | $0 |
| 2024 | $2,851 | $204,333 | $0 | $0 |
| 2023 | $1,607 | $114,000 | $57,000 | $57,000 |
| 2022 | $1,559 | $114,000 | $57,000 | $57,000 |
| 2021 | $1,567 | $114,000 | $57,000 | $57,000 |
| 2020 | $1,567 | $114,000 | $57,000 | $57,000 |
| 2019 | $1,577 | $114,000 | $57,000 | $57,000 |
| 2018 | $1,563 | $114,000 | $57,000 | $57,000 |
| 2017 | $1,566 | $114,000 | $0 | $0 |
| 2016 | $2,343 | $114,000 | $0 | $0 |
| 2015 | -- | $114,000 | $0 | $0 |
| 2014 | -- | $117,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Katy Durham
-
Kelley Bjorkland
Buyer's Agent in 2024
Kelley Bjorkland
Coldwell Banker Realty
(443) 880-1032
28 in this area
96 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2019508
APN: 10-252857
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