NOT LISTED FOR SALE

719 142nd St Ocean City, MD 21842

Estimated Value: $220,960 - $240,000

1 Bed
1 Bath
528 Sq Ft
$195/mo HOA Fee

Last Sold June 30, 2023

Last sale price $225,000 $426 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,557/month

77 Days on Market

Highlights

  • Open Floorplan
  • Coastal Architecture
  • Combination Kitchen and Living
  • Ocean City Elementary School Rated A
  • Furnished
  • Upgraded Countertops

About This Home

As of June 2023

Turn key, fully furnished one-bedroom condo located in the desirable Caine Woods neighborhood in North Ocean City just south of Fenwick, DE, and close to multiple restaurants and the beach. This condo features keyless entry and luxury vinyl plank flooring. Along with recent kitchen updates including granite countertops and sink with a glass tile backsplash. The kitchen ceiling has also been raised, drywalled, and recessed lighting has been added. The beadboard with chair rail molding runs from the entryway, down the hall to your shiplap bathroom. There is also a full-sized stackable washer and dryer in the rear of the condo. Recent building updates include newer walkways, balconies, stairways, and railings. There is a proven short-term rental history with this property. Don't miss the opportunity to own your piece of the beach. Call today for your private showing!

Last Agent to Sell the Property

Will Bowen

(410) 713-5690 will.bowen@era.com ERA Martin Associates License #5005346 Listed on: 03/13/2023

ERA Martin Associates

Last Buyer's Agent

Bradley Smith

(484) 888-5697 bradley.smith@cbrealty.com Coldwell Banker Realty License #5015329

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,113

Year Built

  • Built in 1982

Lot Details

  • North Facing Home

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Coastal Architecture
  • Entry on the 2nd floor
  • Stick Built Home
  • Stucco

Interior Spaces

  • 528 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Schools

  • Stephen Decatur High School

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 224
  • Assessor Parcel Number 2410217512

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, reserve funds, trash
  • Low-Rise Condominium
  • Mana Jit Condos
  • Light House Village Community
  • Caine Woods Subdivision
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,113

Year Built

Built in 1982

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Unit/Flat
  • Ownership: Condominium
  • Exclusions: Personal Items
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-03-13
  • Federal Flood Zone: No
  • Year Built: 1982
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Living, Family Room Off Kitchen, Floor Plan - Open, Recessed Lighting, Upgraded Countertops, Wainscotting
  • Fireplace: No
  • Door Features: Storm
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 528
  • Living Area Sq Ft: 528
  • Price Per Sq Ft: 435.42
  • Above Grade Finished Sq Ft: 528
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Stucco
  • Spa: No
  • 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

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 586.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Mana-Jit
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Reserve Funds, Trash
  • HOA: No
  • Senior Community: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: STEPHEN DECATUR

Lot Info

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

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1113.00
  • Assessor Parcel Number: 2410217512
  • Tax Lot: 224
  • 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
Mar 13, 2023
Closed on
Jun 30, 2023
Sold by
Bowen William E and Bowen Kelsie M
Bought by
Longenbach Nicholas J
Seller's Agent
Will Bowen
ERA Martin Associates
Buyer's Agent
Bradley Smith
Coldwell Banker Realty
List Price
$244,990
Sold Price
$225,000
Premium/Discount to List
-$19,990
-8.16%
Views
380
Current Estimated Value
$230,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,490
Avg. Annual Appreciation
1.04%
Original Mortgage
$84,000
Outstanding Balance
$81,996
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$148,494

Purchase Details

Closed on
Oct 7, 2021
Sold by
Wilkins Colton L and Jones Amber
Bought by
Bowen William E and Bowen Kelsie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,425
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2019
Sold by
Krankowski Felix G and Krankowski June C
Bought by
Wilkins Colton Leo and Jones Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,850
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2000
Sold by
Krankowski Felix G and Krankowski June C
Bought by
Krankowski Felix G and June C Krankowski Trustees

Purchase Details

Closed on
Aug 9, 1982
Sold by
Lighthouse Village
Bought by
Krankowski Felix G and Krankowski June C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
16.55%
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
Longenbach Nicholas J $225,000 None Listed On Document
Bowen William E $169,900 Premier Title
Wilkins Colton Leo $103,000 None Available
Krankowski Felix G -- --
Krankowski Felix G $36,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longenbach Nicholas J $84,000
Previous Owner Bowen William E $127,425
Previous Owner Wilkins Colton Leo $97,850
Previous Owner Krankowski Felix G $29,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $225,000 -2.1% $426 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
04/28/2023 04/28/23 Price Changed $229,900 -4.2% $435 / Sq Ft
04/05/2023 04/05/23 Price Changed $239,900 -2.1% $454 / Sq Ft
03/13/2023 03/13/23 For Sale $244,990 -- $464 / 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 $1,857 $135,967 $0 $0
2024 $1,512 $108,333 $0 $0
2023 $1,134 $80,700 $40,300 $40,400
2022 $1,110 $78,967 $0 $0
2021 $1,091 $77,233 $0 $0
2020 $1,071 $75,500 $37,700 $37,800
2019 $1,074 $75,500 $37,700 $37,800
2018 $1,063 $75,500 $37,700 $37,800
2017 $1,312 $92,400 $0 $0
2016 -- $92,400 $0 $0
2015 $1,318 $92,400 $0 $0
2014 $1,318 $100,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2012788

Bright MLS

APN: 10-217512