NOT LISTED FOR SALE

706 141st St Ocean City, MD 21842

Estimated Value: $775,618 - $1,528,000

3 Beds
2.5 Baths
2,156 Sq Ft
$461/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2019

Last sale price $460,000 $213 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $5,872 / mo

65 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Private Dock Site
  • Access to Tidal Water
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Fishing Allowed

About This Home

As of August 2019

Large waterfront home on a wide canal in Caine Woods. This 3BR 2 1/2 BA home features 2 large waterfront decks and a waterfront sunroom! There is a parcel walkway along the bulk heading and plenty of room to tie up your boat or jet ski's! The inside features a great room with a fireplace, large kitchen area, laundry room with full size washer and dryer and an attached 2 car garage. The location and size of this house is great and it has so much potential!

Last Agent to Sell the Property

Katy Durham

(443) 856-2211 kdurham@cbmove.com Coldwell Banker Realty Listed on: 05/06/2019

Coldwell Banker Realty

Co-Listed By

Katy Durham and Rick Meehan

(443) 856-2211 rmeehan@cbmove.com Coldwell Banker Realty

Last Buyer's Agent

Nancy Britt

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva License #612934

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,020

Year Built

  • Built in 1982

Lot Details

  • 4,500 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,156 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Paneling
  • Skylights
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Area
  • Canal Views

Kitchen

  • Gourmet Kitchen
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Bathroom

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property is near a canal
  • Bulkhead
  • Private Dock Site
  • Powered Boats Permitted

Schools

  • Ocean City Elementary School
  • Berlin Middle School
  • Stephen Decatur High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater
  • Municipal Trash

Additional Features

  • Doors swing in
  • Flood Risk

Listing and Financial Details

  • Tax Lot 9427A
  • Assessor Parcel Number 10-187133

Community Details

Overview

  • No Home Owners Association
  • Caine Woods Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,020

Year Built

Built in 1982

Lot Details

4,500 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • Exclusions: personal items
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Water Heater, Washer, Stove, Refrigerator, Dryer - Electric, Dishwasher
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Primary Bedroom - Bay Front, Window Treatments, Skylight(s), Pantry, Family Room Off Kitchen, Dining Area
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit
  • Total Sq Ft: 2156
  • Living Area Sq Ft: 2156
  • Price Per Sq Ft: 231.86
  • Above Grade Finished Sq Ft: 2156
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Street Lights
  • Roof: Shingle
  • Spa: No
  • View: Canal
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: BERLIN

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 6020.00
  • Assessor Parcel Number: 10-187133
  • Tax Lot: 9427A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Aug 16, 2019
Sold by
Estate Of Norma E Mcdermott
Bought by
Balbi Joseph and Balbi Michelle
Seller's Agent
Katy Durham
Coldwell Banker Realty
Buyer's Agent
Nancy Britt
Keller Williams Realty Delmarva
List Price
$549,900
Sold Price
$460,000
Premium/Discount to List
-$89,900
-16.35%
Current Estimated Value
$994,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,155
Avg. Annual Appreciation
12.08%
Original Mortgage
$368,000
Outstanding Balance
$321,352
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$672,803
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Balbi Joseph $460,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Balbi Joseph $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $460,000 -8.0% $213 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
06/06/2019 06/06/19 Price Changed $499,900 -9.1% $232 / Sq Ft
05/06/2019 05/06/19 For Sale $549,900 -- $255 / Sq Ft
Source: Bright MLS

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 $6,843 $501,100 $0 $0
2024 $6,536 $468,400 $0 $0
2023 $6,142 $435,700 $285,600 $150,100
2022 $6,065 $431,533 $0 $0
2021 $6,039 $427,367 $0 $0
2020 $5,979 $423,200 $285,600 $137,600
2019 $5,900 $414,700 $0 $0
2018 $5,721 $406,200 $0 $0
2017 $5,562 $397,700 $0 $0
2016 -- $391,767 $0 $0
2015 $5,592 $385,833 $0 $0
2014 $5,592 $379,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO106008

Bright MLS

APN: 10-187133

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