NOT LISTED FOR SALE

700 Mooring Rd Ocean City, MD 21842

Estimated Value: $372,000 - $430,000

2 Beds
2 Baths
1,004 Sq Ft
$250/mo HOA Fee

Last Sold October 28, 2021

Last sale price $278,000 $277 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,662/month

55 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Open Floorplan
  • A-Frame Home
  • Ocean City Elementary School Rated A
  • Canal View
  • Furnished

About This Home

As of October 2021

This home is located at 700 Mooring Rd, Ocean City, MD 21842 since 29 July 2021 and is currently estimated at $396,925, approximately $395 per square foot. This property was built in 1984. 700 Mooring Rd is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Last Agent to Sell the Property

Keti Lynch

Shoreline Properties Listed on: 07/29/2021

Last Buyer's Agent

Jessica Lynch

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,617

Year Built

  • Built in 1984

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,004 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Dining Area
  • Canal Views
  • Electric Dryer

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the bay
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot A2
  • Assessor Parcel Number 10-252830

Community Details

Overview

  • Low-Rise Condominium
  • Eight On The Bay Community
  • Non Development Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,617

Year Built

Built in 1984

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: A-Frame
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Oven - Single, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Dining Area, Flat, Floor Plan - Open, Primary Bedroom - Bay Front
  • Levels Count: 1
  • Room Count: 3
  • Basement: No
  • Total Sq Ft: 1004
  • Living Area Sq Ft: 1004
  • Price Per Sq Ft: 286.85
  • Above Grade Finished Sq Ft: 1004
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 700

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
  • Roof: Shingle
  • View: Canal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 750.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 20000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5418373
  • Tax Annual Amount: 1617.00
  • Assessor Parcel Number: 10-252830
  • Tax Lot: A2
  • Tax Total Finished Sq Ft: 1004
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/28/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Oct 28, 2021
Sold by
Sanders Eddie and Sanders Larissa K
Bought by
Okeeffe Clare A and Okeeffe John M
Seller's Agent
Keti Lynch
Shoreline Properties
Buyer's Agent
Jessica Lynch
Coldwell Banker Realty
List Price
$315,000
Sold Price
$278,000
Premium/Discount to List
-$37,000
-11.75%
Current Estimated Value
$396,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,925
Avg. Annual Appreciation
9.85%
Original Mortgage
$250,200
Outstanding Balance
$229,147
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$167,778

Purchase Details

Closed on
Dec 29, 2017
Sold by
Pezzuti Linda Anne and Zelder Linda Anne
Bought by
Sanders Eddie and Sanders Larissa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2013
Sold by
Zelder Linda Anne and Kiser Rickey Rae
Bought by
Zelder Linda Anne and Pezzutti Linda Anne

Purchase Details

Closed on
Oct 22, 1999
Sold by
Alegado Rolando B and Alegado Isabel L
Bought by
Zelder Linda Anne and Zelder Rickey Rae

Purchase Details

Closed on
Jan 25, 1985
Sold by
C C K Associates A Md Gen
Bought by
Alegado Rolando B and Alegado Isabel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,800
Interest Rate
12.96%
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
Okeeffe Clare A $278,000 Maryland Title Service
Sanders Eddie $170,000 None Available
Zelder Linda Anne -- None Available
Zelder Linda Anne $65,000 --
Alegado Rolando B $72,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okeeffe Clare A $250,200
Previous Owner Sanders Eddie $100,000
Previous Owner Alegado Rolando B $57,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $278,000 -3.5% $277 / Sq Ft
09/19/2021 09/19/21 Price Changed $288,000 -3.7% $287 / Sq Ft
08/28/2021 08/28/21 Price Changed $299,000 -5.1% $298 / Sq Ft
07/29/2021 07/29/21 For Sale $315,000 -- $314 / 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 $2,862 $295,800 $0 $0
2024 $2,862 $205,100 $0 $0
2023 $1,608 $114,400 $57,200 $57,200
2022 $1,608 $114,400 $57,200 $57,200
2021 $1,617 $114,400 $57,200 $57,200
2020 $1,623 $114,400 $57,200 $57,200
2019 $1,627 $114,400 $57,200 $57,200
2018 $1,611 $114,400 $57,200 $57,200
2017 $1,624 $114,400 $0 $0
2016 -- $114,400 $0 $0
2015 $1,976 $114,400 $0 $0
2014 $1,976 $117,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keti Lynch

    Seller's Agent in 2021

    Keti Lynch

    Shoreline Properties

    (443) 235-5482

    59 in this area

    63 Total Sales

    Section Image
  • Jessica Lynch

    Buyer's Agent in 2021

    Jessica Lynch

    Coldwell Banker Realty

    (410) 726-0736

    79 in this area

    134 Total Sales

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Map

Source: Bright MLS

MLS Number: MDWO2001136

Bright MLS

APN: 10-252830

Maryland Worcester County Ocean City 21842

700 Mooring Rd, Ocean City, MD

This home is located at 700 Mooring Rd, Ocean City, MD 21842 since 29 July 2021 and is currently estimated at $396,925, approximately $395 per square foot. This property was built in 1984. 700 Mooring Rd is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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