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Sold for $850,000
  • $850,000

    121 81st St Unit 501, Ocean City, MD 21842

    3beds
    1,834sqft
    Condominium
    Built in 2008
    -- sqft lot
    $855,700 Zestimate®
    $463/sqft
    $3,100 Estimated rent

    Home value

    $855,700

    $753,000 - $967,000

    $3,100/mo

    Zestimate® history
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    What's special

    Oversized community deckPrivate water closetStack washer and dryerExercise roomGranite counter topsPrivate balconyUpdated appliances
    Located on 81st Street and Coastal Hwy about midtown of Ocean City, MD . This is one of the nicest unit in the Exclusive Rivendell, Ocean City's Premier Bayfront Condominium, a non rental building. Large 3 bedroom, 3 bath property with the most amazing view from every room. All bedrooms have access to balconies. Open living room, kitchen, dining area with unobstructed incredible bay views and sunsets! Multiple sliders facing the bay making you feel as you are floating on the water. The kitchen features granite counter tops, updated appliances and white cabinets. The primary bedroom has access to the huge bayfront balcony. Plenty of storage in the walk in closet and a 2nd closet. The primary bath features a private water closet, large tiled shower with 2 shower heads and an oversized soaking tub, The guest wing is separate from the primary suite, featuring the other 2 bedrooms. One is a second primary with an en suite bath that has a large tiled walk in shower with 2 shower heads and a private balcony with direct bay front views, ocean and city views of Coastal Highway, as well as access to the main balcony. This wing also has a guest room with a balcony and hall bath. Laundry area has stack washer and dryer, linen and coat closet located in this wing of the condo a well. HVAC recently installed / June 2023. The Rivendell has many amenities to enjoy ...Bayfront indoor and outdoor pools, Exercise room, oversized community deck, secure access entry into the building, and a parking garage. The Rivendell is also home to the Hobbit Restaurant considered Ocean City's finest restaurant for over 40 years. Not only is this development beautifully designed both inside and out, but it's situated perfectly between the beach and bay, so residents have quick access to the beach. This bayfront condo is the epitome of luxury living, offering an idyllic retreat from the hustle and bustle of city life. Whether you desire a serene escape or a vibrant social experience, this residence will cater to your every need. Don't miss this rare opportunity to own a piece of paradise!

    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy Purcell 410-726-2586,

    RE/MAX Advantage Realty

    Bought with:

    LAUDY ASHY

    RLAH @properties

    Source: Bright MLS,MLS#: MDWO2028236MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Central, Heat Pump, Electric
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Appliances
    • Included: Microwave, Dishwasher, Dryer, Washer, Cooktop, Electric Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, In Unit
    Features
    • Ceiling Fan(s), Primary Bath(s), Primary Bedroom - Bay Front, Soaking Tub, Bathroom - Tub Shower, Walk-In Closet(s)
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,834
    • Total interior livable area: 1,834 sqft
    • Finished area above ground: 1,834
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio
    • Exterior features: Lighting, Outdoor Shower, Sidewalks, Balcony
    • Pool features: Community
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Bayfront
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410762111
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Coastal
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    Condition
    • Excellent
    • New construction: No
    • Year built: 2008

    Utilities & green energy

    • Sewer: Public Septic, Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Pool
    • Condo and coop fee: $937 monthly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Common Grounds, Elevator(s), Fitness Center, Indoor Pool, Pool
    • Services included: Common Area Maintenance, Insurance
    • HOA name: Rivendell Condo
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $463/sqft
    • Tax assessed value: $681,567
    • Annual tax amount: $9,539
    • Date on market: 2/15/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Exclusions: Sold Unfurnished
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/17/2025Sold$850,000-2.3%$463/sqft
    Source: Bright MLS #MDWO2028236 Report a problem
    4/2/2025Pending sale$870,000$474/sqft
    Source: Bright MLS #MDWO2028236 Report a problem
    3/24/2025Price change$870,000-0.6%$474/sqft
    Source: Bright MLS #MDWO2028236 Report a problem
    2/15/2025Listed for sale$875,000+5.4%$477/sqft
    Source: Bright MLS #MDWO2028236 Report a problem
    6/30/2023Sold$830,000-2.3%$453/sqft
    Source: Bright MLS #MDWO2013578 Report a problem
    5/29/2023Contingent$849,900$463/sqft
    Source: Bright MLS #MDWO2013578 Report a problem
    5/26/2023Listed for sale$849,900+52%$463/sqft
    Source: Bright MLS #MDWO2013578 Report a problem
    6/20/2011Sold$559,000$305/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,130 +6.2%$739,633 +8.5%
    2024$9,539 +8.5%$681,567 +9.3%
    2023$8,789 +3.6%$623,500
    2022$8,487 +3.4%$623,500 +7.4%
    2021$8,205 +3.8%$580,700 +3.8%
    2020$7,902 -0.7%$559,300
    2019$7,957 +0.7%$559,300
    2018$7,901 -3.1%$559,300 -3.2%
    2017$8,157 -8%$577,700 +4.5%
    2016$8,869 $552,633 +4.8%
    2015$8,869 $527,567 +5%
    2014$8,869 $502,500
    2013-- $502,500
    2012-- $502,500 -32%
    2011-- $739,100
    2010-- $739,100
    2009-- $739,100
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Stephen Decatur
    • 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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