NOT LISTED FOR SALE

715 142nd St Ocean City, MD 21842

Estimated Value: $245,000 - $259,000

2 Beds
2 Baths
798 Sq Ft
$213/mo HOA Fee

Last Sold December 04, 2020

Last sale price $157,000 $197 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,703/month

Highlights

  • Central Air
  • Ceiling Fan
  • Heat Pump System
  • Ocean City Elementary School Rated A

About This Home

As of December 2020

Great buy tucked away in North Ocean City! 2 bedroom & 2 full Bath, 1st floor condo. Spacious living room, dining area and bedrooms make this beach home a must see. Just a block away from Harpoon Hanna's, a local favorite for fine dining and nightlife. And a short distance from the beach! Simple and full of potential, if you've been waiting for a good sized condo at an affordable price, make an appointment to see. Washer and dryer in unit. Back, private sitting area.

Last Agent to Sell the Property

Kelley Bjorkland

(443) 880-1032 bjorklandmove@gmail.com Coldwell Banker Realty License #RS-0023307 Listed on: 10/06/2020

Coldwell Banker Realty

Last Buyer's Agent

Alicia Lugo

(240) 481-3094 valuyore@gmail.com Fairfax Realty Premier License #520675

Fairfax Realty Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,499

Year Built

  • Built in 1983

HOA Fees

  • $213 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 798 Sq Ft Home
  • Property has 4 Levels
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Low-Rise Condominium
  • Light House Village Community
  • Caine Woods Subdivision

Listing and Financial Details

  • Tax Lot 414
  • Assessor Parcel Number 10-232848

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,499

Year Built

Built in 1983

Lot Details

0

HOA Fees

$213 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
  • Inclusions: Negotiable
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 798
  • Living Area Sq Ft: 798
  • Price Per Sq Ft: 196.74
  • Above Grade Finished Sq Ft: 798
  • 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: Mixed
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), 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: 640.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5416623
  • Tax Annual Amount: 1499.00
  • Assessor Parcel Number: 10-232848
  • Tax Lot: 414
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 4, 2020
Sold by
Martinez Carlos A
Bought by
Luyo Vilma Alicia and Coello Catherine Elizabeth
Seller's Agent
Kelley Bjorkland
Coldwell Banker Realty
Buyer's Agent
Alicia Lugo
Fairfax Realty Premier
List Price
$157,000
Sold Price
$157,000
Current Estimated Value
$252,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,254
Avg. Annual Appreciation
10.16%
Original Mortgage
$149,150
Outstanding Balance
$133,025
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$119,229

Purchase Details

Listed on
Sep 25, 2017
Closed on
Nov 22, 2017
Sold by
Beach Meghan E
Bought by
Martinez Carlos A
Seller's Agent
Vicki Harmon
Coldwell Banker Realty
Buyer's Agent
Timothy Meadowcroft
Long & Foster Real Estate, Inc.
List Price
$139,000
Sold Price
$136,000
Premium/Discount to List
-$3,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$30,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2002
Sold by
Beach Philip and Beach Charlotte
Bought by
Christman Benjamin F

Purchase Details

Closed on
Aug 25, 1999
Sold by
Yoviene James
Bought by
Beach Philip and Beach Charlotte
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
Luyo Vilma Alicia $157,000 Gemini Title & Escrow Llc
Martinez Carlos A $136,000 Maryalnd Title Services
Christman Benjamin F $115,200 --
Beach Philip $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luyo Vilma Alicia $149,150
Previous Owner Martinez Carlos A $30,000
Closed Christman Benjamin F --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2020 12/04/20 Sold $157,000 0.0% $197 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $157,000 +15.4% $197 / Sq Ft
11/22/2017 11/22/17 Sold $136,000 -2.2% $170 / Sq Ft View Prior Sale
10/15/2017 10/15/17 Pending -- -- --
09/25/2017 09/25/17 For Sale $139,000 -- $174 / 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 $2,044 $149,700 $0 $0
2024 $1,840 $131,900 $0 $0
2023 $1,603 $114,100 $57,000 $57,100
2022 $1,566 $111,433 $0 $0
2021 $1,537 $108,767 $0 $0
2020 $1,499 $106,100 $53,000 $53,100
2019 $1,499 $105,567 $0 $0
2018 $1,476 $105,033 $0 $0
2017 $1,484 $104,500 $0 $0
2016 -- $104,500 $0 $0
2015 -- $104,500 $0 $0
2014 $1,733 $123,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO117450

Bright MLS

APN: 10-232848