NOT LISTED FOR SALE

714 Mooring Rd Unit 204C Ocean City, MD 21842

Estimated Value: $357,000 - $422,000

2 Beds
2 Baths
1,026 Sq Ft
$300/mo HOA Fee

Last Sold August 15, 2023

Last sale price $320,000 $312 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,636/month

45 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Furnished
  • Wet Bar
  • Ocean City Elementary School Rated A
  • Galley Kitchen
  • Tankless Water Heater

About This Home

As of August 2023

Fabulous 2 bedroom 2 bath Canal Front unit with easy access to the bay, Boat Slips available to rent through the association, and the entire build has been updated. You will love the view from the supersized back covered deck, this place is neat and clean and ready to go, all you need is a toothbrush and a swimsuit.
Updated all new Matte Black GE Cafe Kitchen Appliances, New Wi-Fi controlled heat pump in the living room and the Owners Suite, New Tankless Hot Water Heater, Solid Maple Bedroom Set in the Master with a 65 inch Roku Tv. There is more than enough room for all your beach and boating toys with a storage unit on the back deck and another storage closet as you enter the front of the unit. Convenient to shopping and Restaurants and The Ocean City Art League. You are going to Love this place!

Last Agent to Sell the Property

Barton Sink

(443) 995-2865 barton@ryanhaley.com At The Beach Real Estate License #6442 Listed on: 06/15/2023

Last Buyer's Agent

Bethany Drew

(410) 430-2602 bethany@po2team.com Hileman Real Estate-Berlin License #RS0015490

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,617

Year Built

  • Built in 1975

Lot Details

  • 40 Feet of Waterfront
  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Flat Roof Shape
  • Brick Exterior Construction
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,026 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Dining Area

Kitchen

  • Galley Kitchen
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Home Security

Parking

  • 1 Off-Street Space
  • 1 Assigned Parking Space

Outdoor Features

  • Water Access
  • Property is near a canal

Location

  • Flood Risk

Utilities

  • Heat Pump System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot C204
  • Assessor Parcel Number 2410097177

Community Details

Overview

  • Low-Rise Condominium
  • Chateau Phoenix Community
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,617

Year Built

Built in 1975

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-06-15
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Stove, Washer, Water Heater - Tankless
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Kitchen - Galley, Wet/Dry Bar
  • Door Features: Storm
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1026
  • Living Area Sq Ft: 1026
  • Price Per Sq Ft: 340.16
  • Above Grade Finished Sq Ft: 1026
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 714

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: Stick Built, Brick, Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Flat
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 40

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 900.00
  • 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

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2617.00
  • Assessor Parcel Number: 2410097177
  • Tax Lot: C204
  • Tax Total Finished Sq Ft: 1026
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 08/15/2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 15, 2023
Sold by
Sweazen Michael A and Sweazen Janie L
Bought by
Sargent Amy C and Sargent Wallace C
Seller's Agent
Barton Sink
At The Beach Real Estate
Buyer's Agent
Bethany Drew
Hileman Real Estate-Berlin
List Price
$375,000
Sold Price
$320,000
Premium/Discount to List
-$55,000
-14.67%
Views
749
Current Estimated Value
$385,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,538
Avg. Annual Appreciation
9.05%

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 12, 2018
Sold by
Mcdonough Kevin and Mcdonough Susan Gaye
Bought by
Sweazen Michael A and Sweazen Janie L
Seller's Agent
Michele Pompa
Coldwell Banker Realty
Buyer's Agent
Barton Sink
At The Beach Real Estate
List Price
$204,900
Sold Price
$193,000
Premium/Discount to List
-$11,900
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Original Mortgage
$173,700
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
Settles Joseph M
Bought by
Kevin Mcdonough and Gaye Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,700
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2006
Sold by
Settles Joseph M
Bought by
Kevin Mcdonough and Gaye Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,700
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2005
Sold by
Tauhid Islam
Bought by
Settles Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2001
Sold by
Greenwalt Laurie D
Bought by
Islam Tauhid and Islam Khadija Akter

Purchase Details

Closed on
Nov 27, 1996
Sold by
Reynolds Linda F
Bought by
Greenwalt Laurie D
Source: Public Records

Range of Values:

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Average Value
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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
Sargent Amy C $320,000 Maryland Title
Sweazen Michael A $193,000 Ocean Investments Title Corp
Kevin Mcdonough $247,000 --
Kevin Mcdonough $247,000 --
Settles Joseph M $220,000 --
Islam Tauhid $93,000 --
Greenwalt Laurie D $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sweazen Michael A $173,700
Previous Owner Kevin Mcdonough $24,700
Previous Owner Kevin Mcdonough $24,700
Previous Owner Settles Joseph M $176,000
Closed Greenwalt Laurie D --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2023 08/15/23 Sold $320,000 -8.3% $312 / Sq Ft
07/17/2023 07/17/23 Price Changed $349,000 -6.9% $340 / Sq Ft
06/15/2023 06/15/23 For Sale $375,000 +94.3% $365 / Sq Ft
10/12/2018 10/12/18 Sold $193,000 -3.5% $188 / Sq Ft View Prior Sale
09/21/2018 09/21/18 Pending -- -- --
08/22/2018 08/22/18 Price Changed $199,900 -2.4% $195 / Sq Ft
08/01/2018 08/01/18 For Sale $204,900 -- $200 / 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 $2,667 $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 $2,374 $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: MDWO2014448

Bright MLS

APN: 10-097177