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Sold for $287,500
  • $287,500

    120 53rd St #K30102, Ocean City, MD 21842

    2beds
    1,056sqft
    Condominium
    Built in 1982
    -- sqft lot
    $330,200 Zestimate®
    $272/sqft
    $1,922 Estimated rent

    Home value

    $330,200

    $304,000 - $357,000

    $1,922/mo

    Zestimate® history
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    What's special

    ATT - investors - Great Rental investment with over 16-17 k rental income -for 3rd floor condos . 2 bedroom 2 bath condo WATERFRONT with OUSTANDING BAY VIEWS and DEEDED BOAT SLIP located in desirable mid town Ocean City. Bring your Boat and flip flops to enjoy the best of Ocean City. Bay spot condominium is located 53rd Street Bayside, easy access from Rt 90 in an out of town. Close to Beach, nightlife, shopping, watersports, Restaurants and short bus ride to the Iconic Boardwalk and all the attractions. Hop on your boat, Jet ski, Canoe or whatever you choose to berth in your private assigned boat slip and be on the open bay and to the Atlantic Ocean in minutes! travel by water to a plethora of Waterfront eateries and entertainment available in OC. Head to the Inlet or Atlantic Ocean for some of the best fishing in the White Marlin Capital of the World! Fantastic water views are to be had from inside your large 2 bedroom 2 full bath unit, partially furnished. Large kitchen with all appliances, New hot water heater and new Washer Dryer stack. Well run, self managed condo Association Unit Comes with deeded boat slip #49. You don't want to miss this one, come see today! Offered As Is ! Great rental investment GRI on Bay spot condos are 16,568.00 to 17,000 with built in repeat history . Condo fee increased for windows and staircase repair. CALL LISTING AGENT TO SHOW BETWEEN RENTALS 11-2

    Zillow last checked:

    Listing updated:

    Listed by:

    Candi Noyes 410-726-3871,

    Coldwell Banker Realty,

    Co-Listing Agent: Michael J. Noyes 410-524-1203,

    Coldwell Banker Realty

    Bought with:

    Christopher Drewer, 594226

    EXP Realty, LLC

    Source: Bright MLS,MLS#: MDWO2017922MLS 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, Heat Pump, Electric
    Appliances
    • Included: Built-In Range, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Cooktop, Washer, Washer/Dryer Stacked, Water Heater, Electric Water Heater
    • Laundry: Dryer In Unit, Main Level, Washer In Unit, In Unit
    Features
    • Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Open Floorplan
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,056
    • Total interior livable area: 1,056 sqft
    • Finished area above ground: 1,056
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved, Off Site, Parking Lot
    Accessibility
    • Accessibility features: Accessible Hallway(s), Doors - Swing In
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting
    • Pool features: None
    • On waterfront: Yes
    • Waterfront features: Private Dock Site, Boat - Powered, Fishing Allowed, Canoe/Kayak, Personal Watercraft (PWC), Private Access, Waterski/Wakeboard, Canal
    • Frontage length: Water Frontage Ft: 200
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410227348
    • Zoning: TR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Coastal
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stick Built
    • Foundation: Pilings
    Condition
    • Very Good
    • New construction: No
    • Year built: 1982

    Utilities & green energy

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

    Community & HOA

    Community
    • Condo and coop fee: $585 monthly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Boat Dock/Slip
    • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Pier/Dock Maintenance, Reserve Funds, Taxes, Trash
    • HOA name: Bayspot
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $272/sqft
    • Tax assessed value: $168,900
    • Annual tax amount: $2,381
    • Date on market: 12/7/2023
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    10/1/2024Sold$287,500-4.2%$272/sqft
    Source: Bright MLS #MDWO2017922 Report a problem
    8/14/2024Pending sale$299,999$284/sqft
    Source: Bright MLS #MDWO2017922 Report a problem
    6/6/2024Listed for sale$299,999$284/sqft
    Source: Bright MLS #MDWO2017922 Report a problem
    5/24/2024Contingent$299,999$284/sqft
    Source: Bright MLS #MDWO2017922 Report a problem
    5/14/2024Price change$299,999-5.7%$284/sqft
    Source: Bright MLS #MDWO2017922 Report a problem
    4/10/2024Price change$318,000-5%$301/sqft
    Source: Bright MLS #MDWO2017922 Report a problem
    1/31/2024Price change$334,900-2.9%$317/sqft
    Source: Bright MLS #MDWO2017922 Report a problem
    12/27/2023Price change$345,000-1.4%$327/sqft
    Source: Bright MLS #MDWO2017922 Report a problem
    12/8/2023Listed for sale$349,900+94.5%$331/sqft
    Source: Bright MLS #MDWO2017922 Report a problem
    5/1/2017Listing removed$179,900$170/sqft
    Source: Re/Max By The Sea #505221 Report a problem
    11/15/2016Price change$179,900-6.8%$170/sqft
    Source: Re/Max By The Sea #505221 Report a problem
    7/19/2016Listed for sale$193,000+181.8%$183/sqft
    Source: Re/Max By The Sea #505221 Report a problem
    3/24/1998Sold$68,500$65/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,182 +13.3%$232,300 +15.8%
    2024$2,808 +17.9%$200,600 +18.8%
    2023$2,381 +4.3%$168,900
    2022$2,282 +4.3%$168,900 +9.1%
    2021$2,188 +4.8%$154,833 +4.8%
    2020$2,088 +4.3%$147,800
    2019$2,003 +6%$147,800 +10.5%
    2018$1,889 +5.6%$133,733 +5.6%
    2017$1,789 -15%$126,700 +5.3%
    2016$2,103 $120,367 +5.6%
    2015$2,103 $114,033 +5.9%
    2014$2,103 $107,700
    2013-- $107,700
    2012-- $107,700 -38.6%
    2011-- $175,290
    2010-- $175,290
    2009-- $175,290 -20.2%
    2008-- $219,640 +15.3%
    2007-- $190,426 +13.4%
    2006-- $167,903 +27.2%
    2005-- $132,000 +18.6%
    2004-- $111,332 +22.8%
    2003-- $90,666 +29.5%
    2002-- $70,000
    2001-- $70,000
    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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