NOT LISTED FOR SALE

715 142nd St Ocean City, MD 21842

Estimated Value: $245,000 - $280,000

2 Beds
2 Baths
798 Sq Ft
$360/mo HOA Fee

Last Sold February 16, 2024

Last sale price $300,000 $376 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,922/month

43 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Breakfast Area or Nook
  • Ocean City Elementary School Rated A
  • Furnished
  • Family Room Off Kitchen

About This Home

As of February 2024

Welcome to 142nd Street, Unit 415—a residence that seamlessly blends coastal charm with contemporary convenience! Nestled in North Ocean City, this condo is a short stroll from both the ocean and the bay, as well as the beloved local hotspots for dining, shopping, and entertainment. Step into the luminous open floor plan of this ground-floor unit and be captivated. The living room takes center stage, adorned with wide-plank LVP flooring and a soothing neutral color scheme that ties the entire space together. The chef's galley-style kitchen, with ample counter space and an extended peninsula doubling as a breakfast bar, is a haven for preparing all your beachfront favorites. The adjacent dining area is poised for hosting gatherings of any size. Retreat to the primary bedroom, featuring an ensuite and access to the rear balcony—an ideal spot for savoring a glass of wine while envisioning your next beach escapade. A generously sized additional bedroom, a full hall bath, and a convenient laundry center adjacent to the kitchen round out the offerings of this quintessential beach home. Whether you seek a beach retreat or a potential income property, 715-142nd Street might just be your perfect coastal haven! Simply impeccable!
Sold Fully Furnished.

Last Agent to Sell the Property

Kristian Kan

(301) 512-5069 kk@kristiankan.com Cummings & Co. Realtors License #649417 Listed on: 11/30/2023

Cummings & Co. Realtors

Last Buyer's Agent

Anna Montgomery

(410) 913-7247 anna.montgomery@longandfoster.com Long & Foster Real Estate, Inc. License #667270

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 1983

Lot Details

  • Landscaped
  • Property is in excellent condition

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 798 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Paneling
  • Ceiling Fan
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Paved Parking
  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 415
  • Assessor Parcel Number 2410232856

Community Details

Overview

  • Association fees include trash, snow removal, common area maintenance
  • Low-Rise Condominium
  • Light House Village Community
  • Caine Woods Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,608

Year Built

Built in 1983

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Inclusions: Furniture included.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-11-30
  • Federal Flood Zone: No
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Walk-In Closet(s), Window Treatments
  • Window Features: Sliding, Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Paneled Walls
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 798
  • Living Area Sq Ft: 798
  • Price Per Sq Ft: 375.94
  • 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: Stucco
  • Exterior Features: Exterior Lighting, Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: On Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1081.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Trash, Snow Removal, Common Area Maintenance
  • HOA: No
  • Senior Community: 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: STEPHEN DECATUR

Lot Info

  • Lot Features: Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Porch(es), Roof
  • Property Condition: Excellent
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1608.00
  • Assessor Parcel Number: 2410232856
  • Tax Lot: 415
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Feb 16, 2024
Sold by
Farrell John J
Bought by
Chaykosky Timothy
Seller's Agent
Kristian Kan
Cummings & Co. Realtors
Buyer's Agent
Anna Montgomery
Long & Foster Real Estate, Inc.
List Price
$300,000
Sold Price
$300,000
Views
159
Current Estimated Value
$265,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,086
Avg. Annual Appreciation
-6.85%
Original Mortgage
$240,000
Outstanding Balance
$235,767
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$30,147

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 9, 2020
Sold by
Brian & K Sea S Properties Llc
Bought by
Farrell John J
Seller's Agent
Leslie Miller
Coldwell Banker Realty
Buyer's Agent
Leslie Miller
Coldwell Banker Realty
List Price
$169,999
Sold Price
$175,100
Premium/Discount to List
$5,101
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.38%
Original Mortgage
$161,577
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2017
Sold by
Faulkner Brian Kent and Faulkner Kasey C
Bought by
Brian And K Sea S Properties Llc

Purchase Details

Closed on
May 2, 2015
Sold by
Wallace Wanda E
Bought by
Faulkner Brian Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2002
Sold by
Vara Donald A and Vara Rosemarie C
Bought by
Wallace Bruce P and Wallace Wanda E

Purchase Details

Closed on
Jun 17, 1998
Sold by
Wade James and Wade Cecelia
Bought by
Vara Donald A and Vara Rosemarie C

Purchase Details

Closed on
Nov 4, 1988
Sold by
Paules Ronald B and Paules Shelbie A
Bought by
Wade James and Wade Cecelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
10.12%
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
Chaykosky Timothy $300,000 Results Title
Chaykosky Timothy $300,000 Results Title
Farrell John J $175,100 Title Nation Llc
Brian And K Sea S Properties Llc -- None Available
Faulkner Brian Kent -- None Available
Faulkner Brian Kent $96,500 Resort Land Title & Escrow L
Wallace Bruce P $86,000 --
Vara Donald A $53,000 --
Wade James $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaykosky Timothy $240,000
Closed Chaykosky Timothy $240,000
Previous Owner Farrell John J $161,577
Previous Owner Faulkner Brian Kent $56,500
Previous Owner Wade James $44,800
Closed Wallace Bruce P --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $300,000 0.0% $376 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
11/30/2023 11/30/23 For Sale $300,000 +71.3% $376 / Sq Ft
10/09/2020 10/09/20 Sold $175,100 +3.0% $219 / Sq Ft View Prior Sale
08/29/2020 08/29/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $169,999 -- $213 / 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 $1,579 $114,100 $57,000 $57,100
2022 $1,554 $111,433 $0 $0
2021 $1,537 $108,767 $0 $0
2020 $1,499 $106,100 $53,000 $53,100
2019 $1,502 $105,567 $0 $0
2018 $1,479 $105,033 $0 $0
2017 $1,484 $104,500 $0 $0
2016 -- $104,500 $0 $0
2015 $1,733 $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: MDWO2017784

Bright MLS

APN: 10-232856