NOT LISTED FOR SALE

Oceanwalk 11805 Wight St Unit 101E Ocean City, MD 21842

Estimated Value: $593,000 - $630,000

2 Beds
2 Baths
1,096 Sq Ft
$320/mo HOA Fee

Last Sold September 08, 2023

Last sale price $585,000 $534 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,153/month

38 Days on Market

Highlights

  • 12 Feet of Waterfront
  • Sandy Beach
  • Elevator
  • Ocean City Elementary School Rated A
  • Furnished
  • 4-minute walk to Jamestown Park

About This Home

As of September 2023

Open your patio gate and walk down the path to the beach. Oceanfront condo is just steps to the sand! This stylish 2 bedroom 2 bath getaway is ready to welcome you to the best of coastal living. Relax on the private deck featuring a gate for easy access to the wide, guarded beach. New energy-efficient sliding doors allow deck access from the primary bedroom and main living area. This first-floor end unit with plenty of natural light features luxury vinyl plank flooring, hurricane shutters, and a wood-burning fireplace for cozy nights at the beach year-round. Park your car right outside your door and walk or bike to restaurants, shopping, and Northside Park. Here's your chance to be oceanfront and enjoy one-level easy-living at the beach! Make a plan to see this one soon! Though never a rental unit, this property would make a perfect turn-key investment.

Last Listed By

Nancye Vermillion

Keller Williams Realty License #RS-5008918 Listed on: 06/30/2023

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,711

Year Built

  • Built in 1982

Lot Details

  • 12 Feet of Waterfront
  • Sandy Beach
  • Public Beach

HOA Fees

  • $320 Monthly HOA Fees

Interior Spaces

  • 1,096 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Corner Fireplace
  • Wood Burning Fireplace
  • Luxury Vinyl Plank Tile Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Private Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • Parking Space Conveys
  • 2 Assigned Parking Spaces
  • Secure Parking

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property is near an ocean

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 2410216214

Community Details

Overview

  • Association fees include management, insurance
  • Mid-Rise Condominium
  • Oceanwalk Community

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,711

Year Built

Built in 1982

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Level Entry - Main, No Stairs
  • Ownership: Condominium
  • Exclusions: Exclusions list to come.
  • Inclusions: Furnished with a few exclusions.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-06-30
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank
  • Fireplace Features: Wood, Corner
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1096
  • Living Area Sq Ft: 1096
  • Price Per Sq Ft: 565.69
  • Above Grade Finished Sq Ft: 1096
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11805

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: Block
  • Water Access Features: Public Beach
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 12

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys, Paved Parking, Private, Secure Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 959.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Management, Insurance
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4711.00
  • Assessor Parcel Number: 2410216214
  • Tax Lot: 101
  • Tax Total Finished Sq Ft: 1096
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 09/08/2023

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Sep 8, 2023
Sold by
Medley Lisa D
Bought by
Tedrow Matthew R and Boivin Michael R
Seller's Agent
Nancye Vermillion
Keller Williams Realty
Buyer's Agent
Lauren Bunting
Keller Williams Realty Delmarva
List Price
$620,000
Sold Price
$585,000
Premium/Discount to List
-$35,000
-5.65%
Total Days on Market
38
Views
271
Current Estimated Value
$607,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,559
Avg. Annual Appreciation
2.36%
Original Mortgage
$300,000
Outstanding Balance
$294,980
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$312,579

Purchase Details

Listed on
Oct 16, 2021
Closed on
Nov 5, 2021
Sold by
Serex Dougan Diane R and Dougan Richard James
Bought by
Medley Lisa D
Seller's Agent
Jamie Caine
Coldwell Banker Realty
Buyer's Agent
Melissa Strawbridge
Iron Valley Real Estate Ocean City
List Price
$499,900
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%

Purchase Details

Closed on
Sep 6, 2000
Sold by
Garriss Daniel E and Garriss Gail A
Bought by
Serex Paul and Serex Diane R

Purchase Details

Closed on
Nov 4, 1998
Sold by
Yerger Richard E and Yerger Geraldine J
Bought by
Garriss Daniel E and Garriss Gail A

Purchase Details

Closed on
Mar 20, 1992
Sold by
Rocklin Henry L
Bought by
Yerger Richard E and Yerger Geraldine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
9.03%

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
Tedrow Matthew R $585,000 Maryland Title
Medley Lisa D $499,900 Certified Title Corporation
Serex Paul $192,000 --
Garriss Daniel E $120,000 --
Yerger Richard E $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tedrow Matthew R $300,000
Previous Owner Dougan Richard James $221,250
Previous Owner Yerger Richard E $104,000
Closed Garriss Daniel E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $585,000 -5.6% $534 / Sq Ft
06/30/2023 06/30/23 For Sale $620,000 +24.0% $566 / Sq Ft
11/05/2021 11/05/21 Sold $499,900 0.0% $456 / Sq Ft
10/16/2021 10/16/21 For Sale $499,900 -- $456 / 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
2024 $5,301 $379,867 $0 $0
2023 $4,697 $334,200 $233,900 $100,300
2022 $4,697 $334,200 $233,900 $100,300
2021 $4,723 $334,200 $233,900 $100,300
2020 $4,507 $334,200 $233,900 $100,300
2019 $4,507 $317,767 $0 $0
2018 $4,244 $301,333 $0 $0
2017 $3,899 $284,900 $0 $0
2016 -- $274,667 $0 $0
2015 $3,827 $264,433 $0 $0
2014 $3,827 $254,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDWO2014652

Bright MLS

APN: 10-216214