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Sold for $415,000
  • $415,000

    12 42nd St Unit 502, Ocean City, MD 21842

    2beds
    808sqft
    Condominium
    Built in 1973
    -- sqft lot
    $415,800 Zestimate®
    $514/sqft
    $2,033 Estimated rent

    Home value

    $415,800

    $391,000 - $445,000

    $2,033/mo

    Zestimate® history
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    What's special

    This is your new place at the beach! Just imagine living in a quiet, newly renovated, concrete building with views of the ocean and bay and low condo fees. This property has been shored up, stairs and railings replaced, freshly painted, newly replaced elevator, and completely paid for with special assessment, which has been paid for by the seller. Perfectly located within walking distance of beach, bay, bus stops, Seacrets, Coconuts, and many restaurants. Located across from the Convention Center makes this property a great investment, with rental income all year round. Both bedrooms have new mattresses with boxsprings and a new pull out sleeper couch in the living room. Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Theresa R Diefendorf 309-253-6059,

    Keller Williams Realty Delmarva

    Bought with:

    Samuel Pastore

    Coldwell Banker Realty - Washington

    Source: Bright MLS,MLS#: MDWO2021332MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, In Unit
    Features
    • Flooring: Ceramic Tile, Laminate
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 808
    • Total interior livable area: 808 sqft
    • Finished area above ground: 808
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: Five
    • Stories: 5
    • Pool features: None
    • Waterfront features: Ocean
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410065836
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Block, Concrete
    • Roof: Built-Up
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $650 quarterly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: None
    • Services included: Lawn Care Front, Lawn Care Rear, Lawn Care Side, Trash
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $514/sqft
    • Tax assessed value: $279,800
    • Annual tax amount: $3,132
    • Date on market: 6/7/2024
    • Listing agreement: Exclusive Agency
    • Ownership: Condominium

    Price history

    DateEventPrice
    9/9/2024Sold$415,000$514/sqft
    Source: Bright MLS #MDWO2021332 Report a problem
    8/27/2024Pending sale$415,000$514/sqft
    Source: Bright MLS #MDWO2021332 Report a problem
    8/9/2024Listed for sale$415,000$514/sqft
    Source: Bright MLS #MDWO2021332 Report a problem
    8/9/2024Contingent$415,000$514/sqft
    Source: Bright MLS #MDWO2021332 Report a problem
    7/24/2024Pending sale$415,000$514/sqft
    Source: Bright MLS #MDWO2021332 Report a problem
    6/7/2024Listed for sale$415,000+66%$514/sqft
    Source: Bright MLS #MDWO2021332 Report a problem
    2/24/2018Sold$250,000-3.8%$309/sqft
    Source: Public Record Report a problem
    1/30/2018Pending sale$259,900$322/sqft
    Source: Condominium Realty, LTD #514387 Report a problem
    1/22/2018Listed for sale$259,900+17.3%$322/sqft
    Source: Condominium Realty, LTD #514387 Report a problem
    5/2/2013Sold$221,500-11.4%$274/sqft
    Source: Public Record Report a problem
    2/11/2013Listed for sale$250,000+194.1%$309/sqft
    Source: Condominium Realty, LTD #482215 Report a problem
    2/16/1999Sold$85,000$105/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,832 +9.1%$279,800 +11.5%
    2024$3,513 +12.2%$251,000 +13%
    2023$3,132 +4.2%$222,200
    2022$3,007 +4.1%$222,200 +8.7%
    2021$2,888 +4.6%$204,400 +4.6%
    2020$2,762 +1.6%$195,500
    2019$2,720 +3%$195,500 +4.6%
    2018$2,640 +2.4%$186,900 +2.4%
    2017$2,578 -14.7%$182,600
    2016$3,022 $182,600
    2015$3,022 $182,600 -22.1%
    2014$3,022 $234,300
    2013-- $234,300
    2012-- $234,300 -20.1%
    2011-- $293,300
    2010-- $293,300
    2009-- $293,300
    2008-- $293,300 +15.7%
    2007-- $253,440 +18.7%
    2006-- $213,580 +22.9%
    2005-- $173,720 +21.5%
    2004-- $142,980 +27.4%
    2003-- $112,240 +37.7%
    2002-- $81,500 +0.6%
    2001-- $81,000
    Find assessor info on the county website

    Neighborhood: Midtown

    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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