NOT LISTED FOR SALE

731 Mooring Rd Unit 303 Ocean City, MD 21842

Estimated Value: $311,000 - $322,662

1 Bed
1 Bath
800 Sq Ft
$250/mo HOA Fee

Last Sold September 22, 2023

Last sale price $300,000 $375 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,168/month

10 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Private Dock Site
  • Bay View
  • Ocean City Elementary School Rated A
  • Access to Tidal Water
  • Furnished

About This Home

As of September 2023

Waterfront condo with deeded boat slip and outdoor pool. This oversized condo features a spacious floorplan and is one of the largest bayside waterfront 1 bedrooms in town. Full size kitchen with plenty of cabinets and counter bar seating. Large Covered deck overlooking the canal and peaks of the bay. Very nicely furnished and ready to move in. Over sized bedroom plus a murphy bed for extra guests and a full Size LG washer/dryer. Building features a large outdoor pool and pool deck, parking lot plus off street parking ,low maintenance vinyl siding & low condo fees.

Last Agent to Sell the Property

Anthony Golden

(443) 783-0249 tony@oceancity4sales.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 08/18/2023

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Carol Proctor

(443) 567-0650 carol@carolproctor.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288

Last Buyer's Agent

Joanie Hynes

(443) 375-0002 joanie@joaniehynes.com EXP Realty, LLC License #590100

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 1975

Lot Details

  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Property is in very good condition

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Bay
  • Canal

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Block Foundation
  • Built-Up Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 800 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Kitchen and Living
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Private Dock Site

Location

  • Flood Risk

Schools

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

Utilities

  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number 2410096308

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, pool(s), reserve funds, pier/dock maintenance
  • Low-Rise Condominium
  • Barbados Sun Condos
  • Barbados Sun Community
  • Little Salisbury Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,999

Year Built

Built in 1975

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: Personal Items
  • Historic: No
  • Inclusions: Furniture
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Living, Flat, Window Treatments
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 800
  • Living Area Sq Ft: 800
  • Price Per Sq Ft: 372.06
  • Above Grade Finished Sq Ft: 800
  • 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: Block, Vinyl Siding, Stick Built
  • Roof: Built-Up, Flat
  • View: Canal, Bay
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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: 250.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: barbados sun
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pool(s), Reserve Funds, Pier/Dock Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced

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 Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1999.00
  • Assessor Parcel Number: 2410096308
  • Tax Lot: 303
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 22, 2023
Sold by
Verga Blaise and Verga Laura Anne
Bought by
Allgood Brent D and Allgood Kaitlyn L
Seller's Agent
Anthony Golden
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Joanie Hynes
EXP Realty, LLC
List Price
$297,650
Sold Price
$300,000
Premium/Discount to List
$2,350
0.79%
Views
36
Current Estimated Value
$316,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,416
Avg. Annual Appreciation
2.57%
Original Mortgage
$225,000
Outstanding Balance
$220,343
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$96,073

Purchase Details

Closed on
Sep 17, 2004
Sold by
Thomas Hilman Marvin and Thomas Sharon R
Bought by
Hilman Sharon R and Blaise Gregory
Source: Public Records

Range of Values:

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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
Allgood Brent D $300,000 Lakeside Title
Verga Laura Anne -- None Listed On Document
Hilman Sharon R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verga Laura Anne $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $300,000 +0.8% $375 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $297,650 -- $372 / 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 $3,149 $230,633 $0 $0
2024 $2,630 $188,467 $0 $0
2023 $2,056 $146,300 $73,100 $73,200
2022 $1,993 $141,800 $0 $0
2021 $1,940 $137,300 $0 $0
2020 $1,876 $132,800 $66,400 $66,400
2019 $2,042 $143,933 $0 $0
2018 $1,994 $141,567 $0 $0
2017 $1,946 $139,200 $0 $0
2016 -- $137,067 $0 $0
2015 $1,936 $134,933 $0 $0
2014 $1,936 $132,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Golden

    Seller's Agent in 2023

    Anthony Golden

    BHHS PenFed (actual)

    (443) 783-0249

    156 in this area

    186 Total Sales

    Anthony Golden
    Section Image
  • Carol Proctor

    Seller Co-Listing Agent in 2023

    Carol Proctor

    BHHS PenFed (actual)

    (443) 567-0650

    390 in this area

    539 Total Sales

    Carol Proctor
    Section Image
  • Joanie Hynes

    Buyer's Agent in 2023

    Joanie Hynes

    EXP Realty, LLC

    (443) 375-0002

    20 in this area

    195 Total Sales

    Joanie Hynes
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2015840

Bright MLS

APN: 10-096308

Maryland Worcester County Ocean City 21842

731 Mooring Rd Unit 303, Ocean City, MD

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