NOT LISTED FOR SALE

745 Mooring Rd Unit 401 Ocean City, MD 21842

Estimated Value: $356,000 - $390,000

2 Beds
2 Baths
792 Sq Ft
$300/mo HOA Fee

Last Sold April 05, 2024

Last sale price $309,000 $390 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,612/month

68 Days on Market

Highlights

  • Boat Ramp
  • Straight Thru Architecture
  • Heat Pump System
  • Ocean City Elementary School Rated A

About This Home

As of April 2024

Waterfront Condo in Uptown Ocean City! Great potential to be a investment property or second home. This 2 bed, 2 bath condo offers beautiful sunset views of the Assawoman Bay from it's 4th floor unit! Balcony is accessible from either the living room or the master bedroom. Enjoy evening night caps while enjoying your own of piece of Ocean City. Centrally located close to restaurants and shopping. Unit comes unfurnished giving you a blank canvas to truly make it your very own. Boat slips located on the Bayfront Private Boardwalk are available for an additional annual fee.

Last Agent to Sell the Property

Charles Rappa

(302) 328-7050 charles.rappa@longandfoster.com Long & Foster Real Estate, Inc. License #667455 Listed on: 12/27/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ryan Blum

(443) 845-6154 ryan@cummingsrealtors.com Cummings & Co. Realtors License #5003732

Cummings & Co. Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,070

Year Built

  • Built in 1973

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Straight Thru Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 792 Sq Ft Home
  • Property has 4 Levels
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Assigned parking located at ##401
  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot 401
  • Assessor Parcel Number 2410095743

Community Details

Overview

  • Association fees include common area maintenance
  • Low-Rise Condominium
  • Georgetown By The Sea Community

Recreation

  • Boat Ramp

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,070

Year Built

Built in 1973

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Straight Thru
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Assigned Parking Space Numbers: #401
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Fireplace: No
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 792
  • Living Area Sq Ft: 792
  • Price Per Sq Ft: 377.53
  • 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: Brick, Aluminum Siding
  • 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot, Off Street
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • 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: 900.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Boat Ramp
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

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

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3070.00
  • Assessor Parcel Number: 2410095743
  • Tax Lot: 401
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Apr 5, 2024
Sold by
Todaro Andrew
Bought by
Apaestegui Luis Alberto and Apaestegui Erica Faye
Seller's Agent
Charles Rappa
Long & Foster Real Estate, Inc.
Buyer's Agent
Ryan Blum
Cummings & Co. Realtors
List Price
$334,000
Sold Price
$309,000
Premium/Discount to List
-$25,000
-7.49%
Views
252
Current Estimated Value
$369,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,055
Avg. Annual Appreciation
12.06%
Original Mortgage
$108,150
Outstanding Balance
$106,534
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$262,521

Purchase Details

Closed on
Mar 22, 2001
Sold by
Lloyd Thomas E
Bought by
Tadaro Andrew and Tadaro Andrew Todaro,

Purchase Details

Closed on
Jul 10, 1986
Sold by
Gilbert George E
Bought by
Adkins John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
10.61%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Apaestegui Luis Alberto $309,000 None Listed On Document
Apaestegui Luis Alberto $309,000 None Listed On Document
Tadaro Andrew $108,000 --
Adkins John C $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Apaestegui Luis Alberto $108,150
Closed Apaestegui Luis Alberto $108,150
Previous Owner Adkins John C $61,200
Closed Tadaro Andrew --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $309,000 +3.3% $390 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $299,000 -8.0% $378 / Sq Ft
02/05/2024 02/05/24 Price Changed $324,900 -2.7% $410 / Sq Ft
12/27/2023 12/27/23 For Sale $334,000 -- $422 / 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 $2,839 $217,800 $108,900 $108,900
2022 $2,778 $208,533 $0 $0
2021 $2,733 $199,267 $0 $0
2020 $2,674 $190,000 $95,000 $95,000
2019 $2,685 $189,233 $0 $0
2018 $2,651 $188,467 $0 $0
2017 $2,651 $187,700 $0 $0
2016 $1,439 $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

  • Charles Rappa

    Seller's Agent in 2024

    Charles Rappa

    Long & Foster

    (302) 328-7050

    13 in this area

    32 Total Sales

    Charles Rappa
    Section Image
  • Ryan Blum

    Buyer's Agent in 2024

    Ryan Blum

    Cummings & Co Realtors

    (443) 845-6154

    1 in this area

    30 Total Sales

    Ryan Blum
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2018146

Bright MLS

APN: 10-095743

Maryland Worcester County Ocean City 21842

745 Mooring Rd Unit 401, Ocean City, MD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes