NOT LISTED FOR SALE

702 Mooring Rd Ocean City, MD 21842

Estimated Value: $515,000 - $537,000

2 Beds
2.5 Baths
1,248 Sq Ft
$422/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $505,800 $405 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,441/month

24 Days on Market

Highlights

  • 10 Feet of Waterfront
  • 1 Fireplace
  • Heat Pump System
  • Ocean City Elementary School Rated A
  • Central Air

About This Home

As of May 2022

Wake up happy! Start your day with a cup of coffee on the 2nd level deck off the master bedroom overlooking the water! Next you can step out the back door and right onto your boat for a day of fun on the water! Skiing, tubing, fishing or crabbing, the options are endless! Afternoons can be spent with your toes in the sand at the ocean side or visiting the world famous Ocean City Boardwalk. Your perfect day is complimented by a crab feast and a cocktail on the shady back deck overlooking the water. This fantastic townhome is located in the sought after area off 94th street known as "little Salisbury" and is on a dead end street for minimal traffic. Close to dining, nightlife and shopping. Fully furnished unit that has been stripped down to the studs and meticulously remodeled and never rented. This 2 Bedroom , 2 and 1 half Bath unit features include full bathroom in BOTH bedrooms, 1248 sq/ft of living space, Shady back decks to enjoy the evenings, deeded boat slip, granite countertops, Stainless Steel appliances, Hardwood flooring throughout, new washer and dryer, wood burning fireplace with new flue and beautifully furnished. The good life is waiting for you and there are no better family memories than the ones you make at the beach and after all....You Deserve It!

Last Agent to Sell the Property

Michael Moore

Keller Williams Realty Delmarva Listed on: 04/11/2022

Keller Williams Realty Delmarva

Last Buyer's Agent

Tina Dorsey

Coastal Life Realty Group LLC License #RS-0024229

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,561

Year Built

  • Built in 1986

Lot Details

  • 10 Feet of Waterfront
  • Home fronts navigable water

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Water Access
  • Property is near a canal

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 702C
  • Assessor Parcel Number 2410301742

Community Details

Overview

  • Windsong Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,561

Year Built

Built in 1986

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Remarks Public: Wake up happy! Start your day with a cup of coffee on the 2nd level deck off the master bedroom overlooking the water! Next you can step out the back door and right onto your boat for a day of fun on the water! Skiing, tubing, fishing or crabbing, the options are endless! Afternoons can be spent with your toes in the sand at the ocean side or visiting the world famous Ocean City Boardwalk. Your perfect day is complimented by a crab feast and a cocktail on the shady back deck overlooking the water. This fantastic townhome is located in the sought after area off 94th street known as "little Salisbury" and is on a dead end street for minimal traffic. Close to dining, nightlife and shopping. Fully furnished unit that has been stripped down to the studs and meticulously remodeled and never rented. This 2 Bedroom , 2 and 1 half Bath unit features include full bathroom in BOTH bedrooms, 1248 sq/ft of living space, Shady back decks to enjoy the evenings, deeded boat slip, granite countertops, Stainless Steel appliances, Hardwood flooring throughout, new washer and dryer, wood burning fireplace with new flue and beautifully furnished. The good life is waiting for you and there are no better family memories than the ones you make at the beach and after all....You Deserve It!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Price Per Sq Ft: 412.66
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 702

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Asphalt
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 10

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2000.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5422731
  • Tax Annual Amount: 3561.00
  • Assessor Parcel Number: 2410301742
  • Tax Lot: 702C
  • Tax Total Finished Sq Ft: 1248
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/26/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 26, 2022
Sold by
Chyba Dennis L and Chyba Anne Jo
Bought by
Rosenberger James Donald and Rosenberger Sarah Josephine
Seller's Agent
Michael Moore
Keller Williams Realty Delmarva
Buyer's Agent
Tina Dorsey
Coastal Life Realty Group LLC
List Price
$515,000
Sold Price
$505,800
Premium/Discount to List
-$9,200
-1.79%
Current Estimated Value
$530,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,580
Avg. Annual Appreciation
0.99%

Purchase Details

Closed on
Dec 21, 1999
Sold by
Mcnair Peter C and Mcnair Marlene C
Bought by
Chyba Dennis L

Purchase Details

Closed on
Jun 11, 1990
Sold by
Hipp Louis W and Hipp Jeanne
Bought by
Mcnair Peter and Mcnair Marlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,875
Interest Rate
10.1%

Purchase Details

Closed on
Jun 11, 1987
Sold by
Windsong Limited Partnership
Bought by
Hipp Louis W and Hipp Jeanne
Source: Public Records

Range of Values:

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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
Rosenberger James Donald $505,800 Raskauskas Joseph C
Chyba Dennis L $107,500 --
Mcnair Peter $106,500 --
Hipp Louis W $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcnair Peter $79,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $505,800 -1.8% $405 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $515,000 0.0% $413 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $515,000 +1.8% $413 / Sq Ft
04/11/2022 04/11/22 Off Market $505,800 -- --
04/11/2022 04/11/22 For Sale $515,000 -- $413 / 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 $4,434 $383,467 $0 $0
2024 $4,434 $317,733 $0 $0
2023 $3,542 $252,000 $126,000 $126,000
2022 $3,542 $252,000 $126,000 $126,000
2021 $3,561 $252,000 $126,000 $126,000
2020 $3,574 $252,000 $126,000 $126,000
2019 $3,585 $252,000 $126,000 $126,000
2018 $3,549 $252,000 $126,000 $126,000
2017 $3,703 $260,800 $0 $0
2016 -- $260,800 $0 $0
2015 $3,564 $260,800 $0 $0
2014 $3,564 $260,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2007012

Bright MLS

APN: 10-301742