$354,900 Price Analysis    ♡   Ocean City, MD 21842 2 bed 2 bath 527 SqFt ($673/SqFt) Built 1950 Listed 2024-04-07, HOA $250, Taxes $1,198 | Ⓧ USDA Ineligible due to location near Ocean City |
This beautifully furnished
* Has Contingent Offer *Bayside, two-story condo is move-in ready for you to enjoy the warm weather ahead. With the layout being spread out over two floors, you can have privacy from your friends/family who you invite to come stay or the kids can have their own space, while all under the same roof. You won't have to share bathrooms either, as it has two full baths, one on each floor. Your options are unlimited fr sleeping arrangements if you wanted to have a few more guests over, too. Plus, there's even deck space to enjoy the sunshine and listen to the seagulls. The open floor plan allows for easy entertainment, especially with the nice kitchen that includes stainless steel appliances. Details weren't missed in this welcoming home, such as soft-close kitchen drawers, crown molding, ceiling fans and recessed lighting. The LVP and ceramic tile flooring throughout make cleaning up easy and there's laundry in the rear of the building to be able to wash up. And if all of this wasn't enough, the location is really desirable, with numerous bars and restaurants within walking distance, Jolly Rogers right across the street, mini putt and the beach is less than a half mile away. Don't forget to bring your bicycle, as the boardwalk is less than 5 minutes away!
Imagine starting your day off right, cycling a few miles while watching the sunrise. You'll definitely be thanking yourself for buying a beach home. This would be a fantastic rental investment or as a second home for you and your friends/family to enjoy. GRI in 2022 was $22, 800 and in 2023 was $24, 300. During the prime weeks (6/24 - 8/18), the sellers were getting $1915/wk. In 2024, there are a few rentals to honor. They are managing it themselves and listing through AirBNB and VRBO. They would be willing to manage for the new owners at 15% commission. Being Sold As Is, but once you step inside, you'll know it's the one you've been looking for. Don't miss out on this awesome opportunity to own a 2 bedroom bayside condo in the perfect location!
Presented by Kimberly Heany at
Berkshire Hathaway HomeServices PenFed Realty.
Property MLS #MDWO2020122 from BrightMLS
Full Bathrooms: 2
Crown Moldings
Dining Area
Entry Level Bedroom
Primary Bath(s)
Recessed Lighting
Spiral Staircase
Stall Shower
Window Treatments
Disposal
Exhaust Fan
Icemaker
Oven - Single
Oven/Range - Electric
Refrigerator
Stainless Steel Appliances
Washer Dryer Hookup: No
Heating Features: Baseboard - Electric
Heating: Yes
Parking Total: 1
Association Fee: 250
Association Fee Frequency: Quarterly
Calculated Total Monthly Association Fees: 250
Map directions Map directions Map directions Map directionsAnnual Tax Amount: 1202.0
Source Listing Status: Active Under Contract
County: WORCESTER
Disclaimer: Standard
Ownership: Condominium
Source Property Type: Residential
Area: WORCESTER
Property Subtype: condo
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $42,700 + $42,600 $85,300 | $1,198 |
| 2021 | $42,700 + $42,600 $85,300 | $1,205 |
| 2020 | $42,700 + $42,600 $85,300 | $1,205 |
| 2019 | $42,700 + $42,600 $85,300 | $1,213 |
| 2018 | $42,700 + $42,600 $85,300 | $1,204 |
| 2017 | $50,100 + $50,000 $100,100 | $1,414 |
| 2016 | $50,100 + $50,000 $100,100 | $1,421 |
| 2015 | $50,100 + $50,000 $100,100 | $1,426 |
| 2014 | $56,700 + $56,600 $113,300 | $1,532 |
| 2013 | $unknown + $unknown $113,300 | $1,534 |
| 2012 | $unknown + $unknown $113,300 | $1,518 |
| 2011 | $unknown + $unknown $141,230 | $1,694 |
| 2010 | $unknown + $unknown $141,230 | $1,694 |
| 2009 | $unknown + $unknown $141,230 | $1,136 |
| 2008 | $unknown + $unknown $176,540 | $2,104 |
$354,900
BrightMLS
Sold 2022-02-18
$285,000
BrightMLS
Listed 2022-01-21
$275,000
BrightMLS
Listing removed 2021-03-26
$0
BrightMLS
Listed 2021-03-21
$204,999
BrightMLS
Sold 2020-01-27
$165,000
Public Record
Listing removed 2019-11-20
$0
BrightMLS
Price Changed 2019-10-15
$179,000
BrightMLS
Listed 2019-09-13
$189,000
BrightMLS
Sold 2015-06-26
$88,000
BrightMLS
Listing removed 2015-05-27
$90,000
MRIS
Listed 2015-05-05
$90,000
BrightMLS
Listed 2015-05-05
$90,000
MRIS
Sold 2000-03-21
$62,500
Public Record
Sold 1988-08-29
$67,900
Public Record
Year Built: 1950
Above Grade Finished Area: 527
Building Name: Coastal Bay
Construction Materials: Vinyl Siding, Stick Built, Frame
Property Age: 74
Levels or Stories: 2
Structure Type: Unit/Flat/Apartment
House Style: Cabin/Lodge
Total Area Sqft: 527
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.