NOT LISTED FOR SALE

721 142nd St Unit 114 Ocean City, MD 21842

Estimated Value: $233,000 - $290,000

2 Beds
1 Bath
840 Sq Ft
$179/mo HOA Fee

Last Sold September 29, 2016

Last sale price $111,100 $132 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,739/month

Highlights

  • Open Floorplan
  • Forced Air Heating and Cooling System
  • Combination Kitchen and Dining Room
  • Ocean City Elementary School Rated A

About This Home

As of September 2016

PUBLIC ONSITE AUCTION: Sat, Sept. 3, 2016 @ 11:00AM. List Price is Suggested Opening Bid Only. Ground Level Condo Unit in Lighthouse Village Condominiums. Property is in Move-In Condition. 2BR/1BA, Balcony, New Paint, New Carpet. Bayside Location. Pre-bid offers accepted. Agents Register Your Clients.

Last Agent to Sell the Property

Adam Shpritz

(410) 365-3595 adam@ashlandauction.com Ashland Auction Group LLC License #RMR004765 Listed on: 08/08/2016

Co-Listed By

Lee Shpritz

(410) 488-3124 lee@ashlandauction.com Ashland Auction Group LLC

Last Buyer's Agent

Adam Shpritz

(410) 365-3595 adam@ashlandauction.com Ashland Auction Group LLC License #RMR004765 Listed on: 08/08/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,568

Year Built

  • Built in 1981

HOA Fees

  • $179 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Stucco

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Dining Room

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Stephen Decatur High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Low-Rise Condominium
  • Light House Village Community

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 2410212227

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,568

Year Built

Built in 1981

Lot Details

0

HOA Fees

$179 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1981
  • Special Features: Auction
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Stove, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Open
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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: 536.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA: No
  • Senior Community: No

Schools

  • High School: STEPHEN DECATUR

Lot Info

  • Improvement Assessed Value: 55000.00
  • Land Assessed Value: 55000.00
  • Property Attached Yn: Yes
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1567.50
  • Assessor Parcel Number: 2410212227
  • Tax Lot: 114
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Sep 29, 2016
Sold by
Ashalnd New Homes Iv Llc
Bought by
Hoang Duc Kim
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Adam Shpritz
Ashland Auction Group LLC
List Price
$75,000
Sold Price
$111,100
Premium/Discount to List
$36,100
48.13%
Current Estimated Value
$260,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,669
Avg. Annual Appreciation
9.85%

Purchase Details

Closed on
Jul 25, 2016
Sold by
The Bank Of New York Mellon
Bought by
Ashland New Homes Iv Llc

Purchase Details

Closed on
May 6, 2016
Sold by
Daly William J
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Mar 5, 1998
Sold by
The Maryland Housing Fund Of The
Bought by
Daly William J
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
Hoang Duc Kim $111,100 None Available
Ashland New Homes Iv Llc $62,000 Title365
The Bank Of New York Mellon $70,000 Attorney
Daly William J $50,500 --
The Maryland Housing Fund Of The $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Daly William J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2016 09/29/16 Sold $111,100 +48.1% $132 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $75,000 -- $89 / 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 $2,344 $171,633 $0 $0
2024 $2,035 $145,867 $0 $0
2023 $1,688 $120,100 $60,000 $60,100
2022 $1,649 $117,300 $0 $0
2021 $1,618 $114,500 $0 $0
2020 $1,578 $111,700 $55,800 $55,900
2019 $1,581 $111,133 $0 $0
2018 $1,553 $110,567 $0 $0
2017 $1,554 $110,000 $0 $0
2016 -- $110,000 $0 $0
2015 -- $110,000 $0 $0
2014 $1,824 $130,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Shpritz

    Seller's Agent in 2016

    Adam Shpritz

    Ashland Auction Group LLC

    (410) 365-3595

    3,914 Total Sales

    Adam Shpritz
    Section Image
  • Lee Shpritz

    Seller Co-Listing Agent in 2016

    Lee Shpritz

    Ashland Auction Group LLC

    (410) 488-3124

    3,811 Total Sales

    Lee Shpritz
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003752553

Bright MLS

APN: 10-212227

Maryland Worcester County Ocean City 21842

721 142nd St Unit 114, Ocean City, MD

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