NOT LISTED FOR SALE

714 Mooring Rd Unit 302C Ocean City, MD 21842

Estimated Value: $362,000 - $422,000

2 Beds
2 Baths
1,026 Sq Ft
$283/mo HOA Fee

Last Sold August 12, 2020

Last sale price $205,000 $200 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,623/month

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Bay View
  • Ocean City Elementary School Rated A
  • Private Water Access
  • Bayside

About This Home

As of August 2020

You've found it - Your magnificent new waterfront beach condo! This 2 bed/2 bath top floor unit shows great with new vinyl plank flooring, a new wet bar, updated bathrooms with new tile and more. It's ready to move right in...furnishings convey! Just picture yourself sitting on your balcony, watching sunsets and boats. Or seasonally rent a slip from condo association for $150 (based on availability) and take your boat out and enjoy! Private exterior storage closet. One reserved parking spot and visitor spots available. Professionally managed condo association. Exterior building updates include new roof, canal bulkhead (2019), parking lot (2018), vinyl siding (2017), vinyl railings (2015). Chateau Phoenix complex is located of popular 94th Street community, close to plenty of restaurants, shopping, entertainment and grocery. Owner used as family residence, but would also be a great vacation or rental. Call for your private tour today!

Last Agent to Sell the Property

Jeannie Betten

(443) 365-7021 jeannie@sharingoc.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0024733 Listed on: 07/10/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Anthony Golden

(443) 783-0249 tony@oceancity4sales.com Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 1975

Lot Details

  • Home fronts navigable water

HOA Fees

  • $283 Monthly HOA Fees

Property Views

  • Bay
  • Canal

Home Design

  • Coastal Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 1,026 Sq Ft Home
  • Property has 1 Level
  • Furnished

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 1 Off-Street Space
  • Parking Lot
  • Parking Permit Included
  • 1 Assigned Parking Space

Outdoor Features

  • Private Water Access
  • Property is near a canal
  • Shared Waterfront

Location

  • Flood Risk
  • Bayside

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot C302
  • Assessor Parcel Number 10-098300

Community Details

Overview

  • Association fees include exterior building maintenance, management, insurance, pier/dock maintenance
  • Low-Rise Condominium
  • Chateau Phoenix Condos
  • Chateau Phoenix Community
  • Non Development Subdivision
  • Property Manager

Amenities

  • Community Storage Space

Recreation

  • Boat Dock

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,524

Year Built

Built in 1975

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Condominium
  • Exclusions: see inventory list
  • Inclusions: furnished
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-07-17
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Remarks Public: You've found it - Your magnificent new waterfront beach condo! This 2 bed/2 bath top floor unit shows great with new vinyl plank flooring, a new wet bar, updated bathrooms with new tile and more. It's ready to move right in...furnishings convey! Just picture yourself sitting on your balcony, watching sunsets and boats. Or seasonally rent a slip from condo association for $150 (based on availability) and take your boat out and enjoy! Private exterior storage closet. One reserved parking spot and visitor spots available. Professionally managed condo association. Exterior building updates include new roof, canal bulkhead (2019), parking lot (2018), vinyl siding (2017), vinyl railings (2015). Chateau Phoenix complex is located of popular 94th Street community, close to plenty of restaurants, shopping, entertainment and grocery. Owner used as family residence, but would also be a great vacation or rental. Call for your private tour today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Main Floor
  • Total Sq Ft: 1026
  • Living Area Sq Ft: 1026
  • Price Per Sq Ft: 219.30
  • 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: Brick
  • Roof: Built-Up
  • View: Canal, Bay, Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Permit Included
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot
  • Off Street Parking Spaces: 1
  • Parking Lot Number Of Spaces: 1

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
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 850.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Chateau Phoenix
  • HOA Condo Co-Op Amenities: Storage Bin, Boat Dock/Slip
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Insurance, Pier/Dock Maintenance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • 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: 2020
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5405148
  • Tax Annual Amount: 2524.00
  • Assessor Parcel Number: 10-098300
  • Tax Lot: C302
  • Tax Total Finished Sq Ft: 1026
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/12/2020

Multi Family

  • Waterfront Features: Shared

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 12, 2020
Sold by
Mccoy Terence P and Mccoy Mary A
Bought by
Pavelko Thomas Stephen and Pavelko Charmaine Olympia
Seller's Agent
Jeannie Betten
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Anthony Golden
Berkshire Hathaway HomeServices PenFed Realty
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%
Current Estimated Value
$387,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,376
Avg. Annual Appreciation
13.07%
Original Mortgage
$100,000
Outstanding Balance
$88,707
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$298,669

Purchase Details

Closed on
Nov 1, 2012
Sold by
Dipietri Mariangela
Bought by
Mccoy Terence P and Mccoy Mary A

Purchase Details

Closed on
Nov 6, 2002
Sold by
Wolford Robert A and Wolford Candis A
Bought by
Mariangela Dipietri

Purchase Details

Closed on
Nov 21, 2001
Sold by
Brown Virginia and Brown Gwendolyn V
Bought by
Wolford Robert A and Wolford Candis A
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
Pavelko Thomas Stephen $205,000 Real Estate Title & Escrow
Mccoy Terence P $147,000 None Available
Mariangela Dipietri $169,900 --
Wolford Robert A $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pavelko Thomas Stephen $100,000
Closed Wolford Robert A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2020 08/12/20 Sold $205,000 -8.9% $200 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $225,000 -- $219 / 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

  • Jeannie Betten

    Seller's Agent in 2020

    Jeannie Betten

    BHHS PenFed (actual)

    (443) 365-7021

    60 Total Sales

    Jeannie Betten
    Section Image
  • Anthony Golden

    Buyer's Agent in 2020

    Anthony Golden

    BHHS PenFed (actual)

    (443) 783-0249

    192 Total Sales

    Anthony Golden
    Section Image
  • Carol Proctor

    Buyer Co-Listing Agent in 2020

    Carol Proctor

    BHHS PenFed (actual)

    (443) 567-0650

    549 Total Sales

    Carol Proctor
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO114984

Bright MLS

APN: 10-098300

Maryland Worcester County Ocean City 21842

714 Mooring Rd Unit 302C, Ocean City, MD

This home is located at 714 Mooring Rd Unit 302C, Ocean City, MD 21842 since 10 July 2020 and is currently estimated at $387,376, approximately $377 per square foot. This property was built in 1975. 714 Mooring Rd Unit 302C 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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