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Sold for $455,000
  • $455,000

    11200 Coastal Hwy Unit 409, Ocean City, MD 21842

    1beds
    990sqft
    Condominium
    Built in 1984
    -- sqft lot
    $456,400 Zestimate®
    $460/sqft
    $1,367 Estimated rent

    Home value

    $456,400

    $429,000 - $488,000

    $1,367/mo

    Zestimate® history
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    What's special

    Ocean front balconyRainbow buildingDirect bay viewsWell appointed bathroomSpacious bedroom
    Do not miss your opportunity to own this meticulously maintained oversized 1 bed 1 bath Oceanfront end unit in the rarely available Rainbow building. This unit boasts not one, but 2 private balconies. Enjoy your coffee and beautiful sunrises on your very own ocean front balcony and in the evenings you can relax with a cocktail and serene sunsets on your west facing balcony with direct bay views. Immerse yourself in luxury with a spacious bedroom, a well appointed bathroom, and sunlit living area. Unit is being sold fully furnished and the opportunity to convert to a 2 bedroom unit exists. There are currently 4 summer weeks rented that must be honored by the buyer. Call today to schedule your private showing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Dodson 410-596-1681,

    Sheppard Realty Inc,

    Listing Team: Beachlife Premier Team

    Bought with:

    Mary Jo Cole, 642245

    Keller Williams Realty Centre

    Source: Bright MLS,MLS#: MDWO2019258MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, In Unit
    Features
    • Flooring: Carpet, Luxury Vinyl
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 990
    • Total interior livable area: 990 sqft
    • Finished area above ground: 990
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Assigned, Parking Lot
    • Details: Assigned Parking
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Pool features: Community
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Oceanfront
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410260655
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Masonry
    Condition
    • Very Good
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Available, Sewer Available

    Community & HOA

    Community
    • Condo and coop fee: $423 monthly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Common Grounds, Elevator(s), Pool, Reserved/Assigned Parking, Picnic Area
    • Services included: Common Area Maintenance, Custodial Services Maintenance, Maintenance Structure, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Parking Fee, Management, Pool(s), Reserve Funds, Snow Removal, Trash
    • HOA name: Rainbow
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $460/sqft
    • Tax assessed value: $237,600
    • Annual tax amount: $3,349
    • Date on market: 3/7/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Bank Portfolio
    • Inclusions: As Shown
    • Exclusions: Personal Items
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/26/2024Sold$455,000-2.1%$460/sqft
    Source: Bright MLS #MDWO2019258 Report a problem
    3/12/2024Contingent$464,900$470/sqft
    Source: Bright MLS #MDWO2019258 Report a problem
    3/7/2024Listed for sale$464,900+16.3%$470/sqft
    Source: Bright MLS #MDWO2019258 Report a problem
    3/25/2022Sold$399,900$404/sqft
    Source: Bright MLS #MDWO2005818 Report a problem
    2/22/2022Pending sale$399,900$404/sqft
    Source: Bright MLS #MDWO2005818 Report a problem
    2/21/2022Listing removed$399,900$404/sqft
    Source: Bright MLS #MDWO2005818 Report a problem
    2/18/2022Listed for sale$399,900+9.7%$404/sqft
    Source: Bright MLS #MDWO2005818 Report a problem
    1/1/2015Sold$364,484$368/sqft
    Source: Long & Foster Broker Feed #1000654166_100 Report a problem
    12/18/2006Sold$364,484+240.6%$368/sqft
    Source: Public Record Report a problem
    10/23/1998Sold$107,000$108/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,339 +11.8%$316,800 +14.3%
    2024$3,880 +15.8%$277,200 +16.7%
    2023$3,349 +2.1%$237,600
    2022$3,282 +1.9%$237,600 +4.2%
    2021$3,221 +2.2%$228,000 +2.2%
    2020$3,154 -0.7%$223,200
    2019$3,175 +0.7%$223,200
    2018$3,153 -0.6%$223,200 -0.7%
    2017$3,173 -7.2%$224,700
    2016$3,420 $224,700
    2015$3,420 $224,700 -0.1%
    2014$3,420 $225,000
    2013-- $225,000
    2012-- $225,000 -21.1%
    2011-- $285,000
    2010-- $285,000 -17%
    2009-- $343,530 -20%
    2008-- $429,620 +15.9%
    2007-- $370,652 +18.9%
    2006-- $311,686 +23.3%
    2005-- $252,720 +24.5%
    2004-- $202,980 +32.5%
    2003-- $153,240 +48.1%
    2002-- $103,500 +2.8%
    2001-- $100,666
    Find assessor info on the county website

    Neighborhood: North Ocean City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Worcester County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $456,400
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    With Zillow Showcase(estimated)
    $465,528