NOT LISTED FOR SALE

714 Mooring Rd Unit 103C Ocean City, MD 21842

Estimated Value: $348,000 - $383,679

2 Beds
2 Baths
1,026 Sq Ft
$350/mo HOA Fee

Last Sold October 09, 2024

Last sale price $358,000 $349 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,579/month

54 Days on Market

Highlights

  • Pier or Dock
  • Electric Baseboard Heater
  • Dogs and Cats Allowed
  • Ocean City Elementary School Rated A

About This Home

As of October 2024

Nestled in the heart of Ocean City, Maryland, this stunning first-floor condo offers an idyllic blend of comfort and luxury. As you step inside, you're greeted by a world where modern amenities meet waterfront bliss. Situated just off vibrant 94th street, your new home promises a lifestyle of convenience and leisure. Imagine mornings spent strolling to the beach, afternoons playing at the nearby tennis courts or enjoying the laughter of children at the playground which are both just steps away. The dog park offers a haven for your furry friends, while the local eateries and shops create an atmosphere of a perpetual vacation. With boat slips available for a seasonal rent, embrace the joy of the bay on a whim. The canal view from your spacious balcony is not just a view, but a gateway to endless aquatic adventures. (Seller has gotten a quote to add stairs from the balcony to the rear common area should a buyer prefer stairs to the current private balcony)

As you wander through this beautifully appointed condo, each room sings a tune of elegance and warmth. The new kitchen, a chef's delight, features stainless appliances and lovely finishes. The living area, with its new flooring, offers a canvas for your gatherings. Each of the two bedrooms, including a primary with a direct balcony access, provides a sanctuary of peace and privacy.

Two updated baths continue to make this unit turn key and ready for a new owner to enjoy the remainder of the summer. With new wall units, new sliders, new windows, washer/dryer, and water heater, every aspect of your home speaks of quality and foresight. The building also recently had both bulkheads redone and a new roof. With this being a first floor unit, should a buyer choose to install CAC, it would be possible due to the crawlspace below! The property is also partially furnished making your transition to a life at the beach even more seamless. The balcony, overlooking the tranquil grassy area and canal, offers a serene escape. Beyond its allure as a personal haven, this condo stands as a smart investment. With Ocean City's real estate market thriving, envision a future of appreciating value and potential rental opportunities.
This condo is more than just a home; it's a lifestyle, a dream, a future. Draft reserve study available. Call agent for details!!

Slips are available for rent with a registered boat for $250/season. Only 4 currently remain.
Reserve study has been done and is in draft status. As of 4/13/24-Board meeting states that there will be NO assessments as a result of the reserve study. Call agent for details. Meeting minutes will be available 4/18.

Last Agent to Sell the Property

Nicole Callender

(410) 440-6688 callendercloses@gmail.com Keller Williams Realty Delmarva License #597764 Listed on: 07/19/2024

Keller Williams Realty Delmarva

Last Buyer's Agent

Brigit Taylor

(302) 500-0750 brigit@griffinhigginsteam.com Keller Williams Realty License #RA-0020470

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1975

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Stick Built Home

Interior Spaces

  • 1,026 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Location

  • Flood Risk

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 2410096960

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, water
  • Low-Rise Condominium
  • Chateau Phoenix Community
  • Property Manager

Recreation

  • Pier or Dock

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,675

Year Built

Built in 1975

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1026
  • Living Area Sq Ft: 1026
  • Price Per Sq Ft: 356.63
  • Above Grade Finished Sq Ft: 1026
  • Above Grade Finished Area Units: Square Feet

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: Brick, Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1050.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pier/Dock
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2675.00
  • Assessor Parcel Number: 2410096960
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Oct 9, 2024
Sold by
Stansbury Bernard L
Bought by
Rivers Willie Christy and Spencer Willie George
Seller's Agent
Nicole Callender
Keller Williams Realty Delmarva
Buyer's Agent
Brigit Taylor
Keller Williams Realty
List Price
$365,900
Sold Price
$358,000
Premium/Discount to List
-$7,900
-2.16%
Views
127
Current Estimated Value
$365,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,420
Avg. Annual Appreciation
2.07%
Original Mortgage
$322,200
Outstanding Balance
$319,150
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$46,270

Purchase Details

Closed on
Mar 11, 1997
Sold by
Krajewski David H and Krajewski Lisa M
Bought by
Stansbury Bernard L

Purchase Details

Closed on
Jul 11, 1990
Sold by
Lanigan Francis
Bought by
Krajewski David H and Krajewski Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
10.06%
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
Rivers Willie Christy $358,000 Lakeside Title
Stansbury Bernard L $27,436 --
Krajewski David H $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivers Willie Christy $322,200
Previous Owner Krajewski David H $56,700
Closed Stansbury Bernard L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2024 10/09/24 Sold $358,000 -2.2% $349 / Sq Ft
07/19/2024 07/19/24 For Sale $365,900 -- $357 / 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 $3,507 $312,867 $0 $0
2024 $3,507 $251,333 $0 $0
2023 $2,675 $189,800 $94,900 $94,900
2022 $2,609 $185,667 $0 $0
2021 $2,565 $181,533 $0 $0
2020 $2,506 $177,400 $88,700 $88,700
2019 $2,495 $175,367 $0 $0
2018 $2,441 $173,333 $0 $0
2017 $2,420 $171,300 $0 $0
2016 -- $167,200 $0 $0
2015 $2,290 $163,100 $0 $0
2014 $2,290 $159,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2022234

Bright MLS

APN: 10-096960