$279,900
SOLD JUN 17, 2022

805 142nd St Unit 101 Ocean City, MD 21842

2 Beds
1.5 Baths
754 Sq Ft
$150/mo HOA Fee

Recently Sold

$371 Per Sq Ft

4 Days on Market

Highlights

  • Open Floorplan
  • Combination Kitchen and Living
  • Bathtub with Shower
  • Ocean City Elementary School Rated A
  • Eat-In Kitchen
  • Ceramic Tile Flooring

About This Home

As of June 2022

Location and affordability at this North OC bayside condo with first floor convenience located steps from the DE line! This 2 bedroom, 1.5 bathroom condo features a covered front deck, tiled kitchen and bathrooms, 2 vehicle unassigned parking spots, and new windows & doors in 2021. There is also a 150 sq ft 3 Season Room on rear deck for added enjoyment. Spacious master bedroom with private 1/2 bath. Low Condo fees of $1800/yr can make your beach dreams come true! Crawl space fully lined with sump pump and new dehumidifier. Added bonus at this location is that you can enjoy watching the sunrise over Lighthouse Cove from the front deck. Prime location between both Maryland and Delaware beaches, with less than a mile walk or bike ride to the ocean. Marina just steps away where you can rent slips (current wait list) and Restaurant/Tiki Bar right next-door. Move in ready with summer right around the corner, start making memories today!

Last Agent to Sell the Property

Lauren Bunting

Keller Williams Realty Delmarva License #581537 Listed on: 04/28/2022

Keller Williams Realty Delmarva

Last Buyer's Agent

Phillip Knight

Northrop Realty License #rs0025919

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 1986

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 754 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Replacement Windows
  • Combination Kitchen and Living
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathtub with Shower

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Paved Parking
  • Parking Lot
  • Unassigned Parking

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 2410318823

Community Details

Overview

  • Association fees include insurance
  • Low-Rise Condominium
  • Marathon North 3 Condos
  • Marathon North 3 Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,949

Year Built

Built in 1986

Lot Details

0

HOA Fees

$150 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: sold unfurnished except for noted inclusions
  • Home Warranty: No
  • Inclusions: bunk beds in 2nd bedroom; front deck furniture
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Remarks Public: Location and affordability at this North OC bayside condo with first floor convenience located steps from the DE line! This 2 bedroom, 1.5 bathroom condo features a covered front deck, tiled kitchen and bathrooms, 2 vehicle unassigned parking spots, and new windows & doors in 2021. There is also a 150 sq ft 3 Season Room on rear deck for added enjoyment. Spacious master bedroom with private 1/2 bath. Low Condo fees of $1800/yr can make your beach dreams come true! Crawl space fully lined with sump pump and new dehumidifier. Added bonus at this location is that you can enjoy watching the sunrise over Lighthouse Cove from the front deck. Prime location between both Maryland and Delaware beaches, with less than a mile walk or bike ride to the ocean. Marina just steps away where you can rent slips (current wait list) and Restaurant/Tiki Bar right next-door. Move in ready with summer right around the corner, start making memories today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Living, Floor Plan - Open, Kitchen - Eat-In, Tub Shower
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 754
  • Living Area Sq Ft: 754
  • Price Per Sq Ft: 371.22
  • Above Grade Finished Sq Ft: 754
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 805

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking, Unassigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

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: 1800.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Marathon North 3
  • HOA Condo Co-Op Fee Includes: Insurance
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5424247
  • Tax Annual Amount: 1949.00
  • Assessor Parcel Number: 2410318823
  • Tax Lot: 101
  • Tax Total Finished Sq Ft: 754
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/17/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 17, 2022
Sold by
Michael Mullaney James
Bought by
Collins Stacey Rae
Seller's Agent
Lauren Bunting
Keller Williams Realty Delmarva
Buyer's Agent
Phillip Knight
Northrop Realty
List Price
$279,900
Sold Price
$279,900
Current Estimated Value
$300,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,839
Avg. Annual Appreciation
2.61%
Original Mortgage
$237,915
Outstanding Balance
$226,981
Interest Rate
5.25%
Mortgage Type
Balloon
Estimated Equity
$76,814

Purchase Details

Listed on
Aug 11, 2017
Closed on
Sep 29, 2017
Sold by
Der Gregory Joseph
Bought by
Mullaney James Michael and Mullaney Jennifer Lynne
Seller's Agent
Robert Hammond
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
WINFIELD SCOTT
Ocean Realty
List Price
$149,900
Sold Price
$143,000
Premium/Discount to List
-$6,900
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.29%
Original Mortgage
$114,400
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2016
Sold by
Crock Joseph F and Crock Susan
Bought by
Der Gregory Joseph and Der Tonya Rhea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2001
Sold by
Isacson Robert F and Isacson Synthia Rachel
Bought by
Crock Joseph F and Crock Susan

Purchase Details

Closed on
Oct 20, 1988
Sold by
142Nd Street Joint Venture
Bought by
Isacson John P and Isacson Joanne F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,900
Interest Rate
10.33%
Source: Public Records

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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 Type Sale Price Title Company
Deed $279,900 Old Republic National Title
Deed $143,000 Brennan Title Co
Deed $134,000 Lux Real Estate Title
Deed $102,500 --
Deed $59,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,915 Balloon
Previous Owner $114,400 New Conventional
Previous Owner $120,600 New Conventional
Previous Owner $47,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $279,900 0.0% $371 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $279,900 +95.7% $371 / Sq Ft
09/29/2017 09/29/17 Sold $143,000 -4.6% $190 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $149,900 -- $199 / 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 $2,545 $226,900 $0 $0
2024 $2,545 $182,400 $0 $0
2023 $1,938 $137,900 $68,900 $69,000
2022 $1,938 $137,900 $68,900 $69,000
2021 $1,949 $137,900 $68,900 $69,000
2020 $1,853 $137,900 $68,900 $69,000
2019 $1,858 $130,633 $0 $0
2018 $1,738 $123,367 $0 $0
2017 $1,623 $116,100 $0 $0
2016 -- $114,333 $0 $0
2015 $1,918 $112,567 $0 $0
2014 $1,918 $110,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2007342

Bright MLS

APN: 10-318823