NOT LISTED FOR SALE

721 142nd St Ocean City, MD 21842

Ocean City Area

Estimated Value: $184,000 - $224,838

1 Bed
1 Bath
528 Sq Ft
1981 Built

Sale Details

Date Sold: December 27, 2021

Last sale price $170,000 $322 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,499 / mo

129 Days on Market

Highlights

  • Coastal Architecture
  • Central Air
  • Heat Pump System
  • Ocean City Elementary School Rated A
  • Dogs Allowed

About This Home

As of December 2021

Investment opportunity knocking in Ocean City-- Check out this recently renovated and updated 1 bedroom, 1 full bath condo in North Ocean City at Lighthouse Village! Located off of 142nd street and all the way back, across from Harpoon Hannah's, with Bay views off of the front porch in the distance. This condo is located on the second floor with recent updates: New Hot Water Heater, Freshly painted interior walls, newly renovated bathroom with new bathroom floors, toilet, vanity, drywall, paint, ceiling. New Oven and range, new microwave, new ceiling fan in bedroom, newly added recessed lighting throughout, replaced trim and casings on windows and doors. Sold Furnished. Washer and Dryer stack in the hallway. Conveniently located close to Rt. 54, Coastal Highway and the Delaware Line, but far enough back off the main strip to maintain peace and quiet. Property is used as a weekly rental and would also perform well on the Summer/Winter Seasonal and year round market.

Last Agent to Sell the Property

Erik Dowell

(410) 250-4433 grace@northbeachrealtors.com Sea Grace @ North Beach Realtors Listed on: 07/16/2021

Last Buyer's Agent

Sharon Daugherty

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva License #SL3435144

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,116

Year Built

  • Built in 1981

HOA Fees

  • $188 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

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

Interior Spaces

  • 528 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 122
  • Assessor Parcel Number 10-212243

Community Details

Overview

  • Association fees include common area maintenance
  • Low-Rise Community
  • Light House Village Community

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,116

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

HOA Fees

$188 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-18
  • Federal Flood Zone: No
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 528
  • Living Area Sq Ft: 528
  • Price Per Sq Ft: 335.23
  • 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: Frame, Stick Built
  • 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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 563.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • 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
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5414837
  • Tax Annual Amount: 1116.00
  • Assessor Parcel Number: 10-212243
  • Tax Lot: 122
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Dec 27, 2021
Sold by
Bought by
Seller's Agent
Erik Dowell
Sea Grace @ North Beach Realtors
Buyer's Agent
Sharon Daugherty
Keller Williams Realty Delmarva
List Price
$177,000
Sold Price
$170,000
Premium/Discount to List
-$7,000
-3.95%
Current Estimated Value
$212,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,210
Avg. Annual Appreciation
4.96%
Original Mortgage
$153,000
Interest Rate
0.0312%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2017
Closed on
Feb 22, 2018
Sold by
Bought by
Seller's Agent
Erik Dowell
Sea Grace @ North Beach Realtors
Buyer's Agent
Erik Dowell
Sea Grace @ North Beach Realtors
List Price
$89,900
Sold Price
$82,000
Premium/Discount to List
-$7,900
-8.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.85%

Purchase Details

Closed on
Jun 28, 1991
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 1988
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$170,000 None Available
$82,000 Ocen Investments Title Corp
$44,900 --
$44,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $153,000
Closed $153,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2021 12/27/21 Sold $170,000 -4.0% $322 / Sq Ft
07/16/2021 07/16/21 For Sale $177,000 +115.9% $335 / Sq Ft
02/22/2018 02/22/18 Sold $82,000 -8.8% $155 / Sq Ft View Prior Sale
02/11/2018 02/11/18 Pending -- -- --
01/26/2018 01/26/18 Price Changed $89,900 0.0% $170 / Sq Ft
01/26/2018 01/26/18 For Sale $89,900 -3.3% $170 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
12/06/2017 12/06/17 Price Changed $93,000 -2.1% $176 / Sq Ft
11/14/2017 11/14/17 For Sale $95,000 -- $180 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Erik Dowell

    Seller's Agent in 2021

    Erik Dowell

    Sea Grace @ North Beach Realtors

    42 Total Sales

    Erik Dowell
    Section Image
  • Sharon Daugherty

    Buyer's Agent in 2021

    Sharon Daugherty

    Keller Williams Realty Delmarva

    (410) 430-4004

    237 Total Sales

    Sharon Daugherty
    Section Image
  • Grace Masten

    Seller Co-Listing Agent in 2018

    Grace Masten

    Sea Grace @ North Beach Realtors

    (443) 614-3901

    66 Total Sales

    Grace Masten
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2000728

Bright MLS

APN: 10-212243

Maryland Worcester County Ocean City 21842

721 142nd St, Ocean City, MD

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