NOT LISTED FOR SALE

745 Mooring Rd Unit 209 Ocean City, MD 21842

Estimated Value: $338,000 - $407,000

2 Beds
2 Baths
792 Sq Ft
$200/mo HOA Fee

Last Sold May 13, 2022

Last sale price $425,000 $537 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,541/month

Highlights

  • 20 Feet of Waterfront
  • Boat Dock
  • Open Floorplan
  • Ocean City Elementary School Rated A
  • Bay View
  • Furnished

About This Home

As of May 2022

Amazing Bayfront and Sunset views, enjoy your cocktail and morning coffee from your large private balcony that has access from the Master Bedroom and Living room. Features include a quartz countertop, bright white shaker cabinets, newer appliances, vinyl flooring throughout the unit, and hurricane shutters on the balcony. This beautiful condo is located on the 2nd floor accessible by stairs and an elevator close by. Truly a boaters delight with boat slips available at $300 annually. This year's slip has been reserved.

Last Agent to Sell the Property

Kimberly McGuigan

(443) 496-1446 kimberlymcguigan@gmail.com Shore Results Realty Listed on: 04/28/2022

Last Buyer's Agent

Ann Marie Germano

(732) 740-4594 agermano@psre.com Patterson-Schwartz-Middletown

Patterson-Schwartz-Middletown

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,816

Year Built

  • Built in 1973

Lot Details

  • 20 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Masonry

Interior Spaces

  • 792 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Bay Views

Kitchen

  • Stove
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Outdoor Features

  • Water Access
  • Property near a bay

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot 209
  • Assessor Parcel Number 2410100348

Community Details

Overview

  • Association fees include exterior building maintenance, common area maintenance, insurance, lawn maintenance, management, pier/dock maintenance
  • 1 Elevator
  • Low-Rise Condominium
  • Georgetown By The Sea Community
  • Property Manager

Recreation

  • Boat Dock
  • Pier or Dock

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,816

Year Built

Built in 1973

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-29
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dryer - Front Loading, Refrigerator, Stove, Washer - Front Loading
  • Entry Floor: 2
  • Interior Amenities: Floor Plan - Open
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 792
  • Living Area Sq Ft: 792
  • Price Per Sq Ft: 486.11
  • Above Grade Finished Sq Ft: 792
  • 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: Masonry
  • View: Bay, Water
  • Water Access: Yes
  • Water Body Name: Assawoman Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 20

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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: 600.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Common Area Maintenance, Insurance, Lawn Maintenance, Management, Pier/Dock 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

  • Furnished: Yes
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5405319
  • Tax Annual Amount: 2816.00
  • Assessor Parcel Number: 2410100348
  • Tax Lot: 209
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2024
Sold by
Booth James and Booth Patricia
Bought by
Salah Ryan Elias and Salah Heather Frances
Current Estimated Value
$374,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,425
Outstanding Balance
$284,984
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$89,625

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 12, 2022
Sold by
Mcginey Christina L
Bought by
Booth James and Booth Patricia
Seller's Agent
Kimberly McGuigan
Shore Results Realty
Buyer's Agent
Ann Marie Germano
Patterson-Schwartz-Middletown
List Price
$385,000
Sold Price
$425,000
Premium/Discount to List
$40,000
10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.58%

Purchase Details

Listed on
Oct 3, 2021
Closed on
Nov 24, 2021
Sold by
Schoonmaker Michele J and Schoonmaker Todd E
Bought by
Mcginley Christina L and Mcginley Paul
Seller's Agent
Jeff Farrell
Coldwell Banker Realty
Buyer's Agent
Kimberly McGuigan
Shore Results Realty
List Price
$374,900
Sold Price
$355,000
Premium/Discount to List
-$19,900
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.66%
Original Mortgage
$315,300
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2018
Closed on
Nov 2, 2018
Sold by
Baker Jennifer C
Bought by
Schoonmaker Michele J and Schoonmaker Todd E
Seller's Agent
Sandy Dougan
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Kelli Meeks
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$232,000
Sold Price
$227,000
Premium/Discount to List
-$5,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.74%
Original Mortgage
$202,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2017
Bought by
Baker Jonathan and Baker Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,762
Interest Rate
4.19%

Purchase Details

Closed on
Nov 7, 2014
Sold by
Block Wayne and Block Charlene
Bought by
Baker Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2002
Sold by
Fratini Sharon A and Fratini Gary W
Bought by
Block J Wayne J and Block Charlene G

Purchase Details

Closed on
Feb 7, 2000
Sold by
Maher William J and Maher Helene M
Bought by
Fratini Sharon A and Fratini Gary W
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
Salah Ryan Elias $385,900 Community Title Network
Salah Ryan Elias $385,900 Community Title Network
Booth James $425,000 Old Republic National Title
Mcginley Christina L $355,000 Old Republic National Title
Schoonmaker Michele J $227,000 None Available
Baker Jonathan -- --
Baker Jennifer C $205,000 Terrain Title & Escrow Compa
Block J Wayne J $165,000 --
Fratini Sharon A $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salah Ryan Elias $289,425
Closed Salah Ryan Elias $289,425
Previous Owner Mcginley Christina L $315,300
Previous Owner Schoonmaker Michele J $202,000
Previous Owner Baker Jonathan $273,762
Previous Owner Baker Jonathan --
Previous Owner Baker Jennifer C $164,000
Closed Fratini Sharon A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Sold $425,000 +10.4% $537 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $385,000 0.0% $486 / Sq Ft
04/25/2022 04/25/22 Price Changed $385,000 +8.5% $486 / Sq Ft
11/24/2021 11/24/21 Sold $355,000 -5.3% $448 / Sq Ft View Prior Sale
10/15/2021 10/15/21 Pending -- -- --
10/03/2021 10/03/21 For Sale $374,900 +65.2% $473 / Sq Ft
11/02/2018 11/02/18 Sold $227,000 -2.2% $287 / Sq Ft View Prior Sale
09/23/2018 09/23/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $232,000 -- $293 / 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 $4,560 $333,933 $0 $0
2024 $3,849 $275,867 $0 $0
2023 $3,061 $217,800 $108,900 $108,900
2022 $2,931 $208,533 $0 $0
2021 $2,816 $199,267 $0 $0
2020 $2,684 $190,000 $95,000 $95,000
2019 $2,692 $189,233 $0 $0
2018 $2,654 $188,467 $0 $0
2017 $2,665 $187,700 $0 $0
2016 -- $187,700 $0 $0
2015 $2,870 $187,700 $0 $0
2014 $2,870 $193,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly McGuigan

    Seller's Agent in 2022

    Kimberly McGuigan

    Shore Results Realty

    (443) 496-1446

    23 in this area

    67 Total Sales

    Kimberly McGuigan
    Section Image
  • Ann Marie Germano

    Buyer's Agent in 2022

    Ann Marie Germano

    Patterson Schwartz

    (732) 740-4594

    9 in this area

    227 Total Sales

    Ann Marie Germano
    Section Image

  • J

    Seller's Agent in 2021

    Jeff Farrell

    Coldwell Banker Realty

    Section Image
  • Sandy Dougan

    Seller's Agent in 2018

    Sandy Dougan

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (410) 726-6557

    26 in this area

    127 Total Sales

    Sandy Dougan
    Section Image

  • K

    Buyer's Agent in 2018

    Kelli Meeks

    Berkshire Hathaway HomeServices PenFed Realty - OP

    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2007326

Bright MLS

APN: 10-100348

Maryland Worcester County Ocean City 21842

745 Mooring Rd Unit 209, Ocean City, MD

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