Welcome to Rivendell, the finest residential building in all of Ocean City. It's also home to the, soon to be world famous ,Hobbit restaurant. This three bed and three bath unit is on the fifth floor facing south with ocean views , downtown OC skyline views, and of course bay views. This unit has never been a rental and still boasts original owners. In addition to having a wet bar and fireplace for those chilly winter nights it also features a unique floor plan with a huge living area.
Sold for $700,000
$700,000
121 81st St Unit 513, Ocean City, MD 21842
3beds
1,887sqft
Condominium
Built in 2008
-- sqft lot
$704,700 Zestimate®
$371/sqft
$3,144 Estimated rent
Home value
$704,700
$620,000 - $796,000
$3,144/mo
Zestimate® history
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$4,203/mo
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List your homeWhat's special
Ocean viewsBay viewsDowntown oc skyline viewsUnique floor planWet bar
Zillow last checked:
Listing updated:
Listed by:
Troy Doyle 410-726-9391,
Coastal Life Realty Group LLC
Bought with:
Unrepresented Buyer
Unrepresented Buyer Office
Source: Bright MLS,MLS#: MDWO2020580
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, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
- Laundry: In Unit
Features
- Ceiling Fan(s), Open Floorplan, Primary Bath(s), Dry Wall
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 1,887
- Total interior livable area: 1,887 sqft
- Finished area above ground: 1,887
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
- Pool features: Community
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410762243
- Zoning: LC-1
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Coastal,Other
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Stucco
- Foundation: Other
- Roof: Metal
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Electric: Other
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pool
- Security: Main Entrance Lock, Fire Sprinkler System
- Condo and coop fee: $1,308 monthly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Elevator(s), Pool, Reserved/Assigned Parking, Other
- Services included: Common Area Maintenance, Maintenance Structure, Health Club, Insurance, Management, Pool(s), Sauna, Trash, Water
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $371/sqft
- Tax assessed value: $581,800
- Annual tax amount: $8,143
- Date on market: 4/26/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: All Personal Items And Contents Of Closets
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2025 | Sold | $700,000-6%$371/sqft |
Source:  Bright MLS #MDWO2020580 Report a problem | ||
| 3/24/2025 | Pending sale | $745,000$395/sqft |
Source: Bright MLS #MDWO2020580 Report a problem | ||
| 10/18/2024 | Price change | $745,000-6.3%$395/sqft |
Source: Bright MLS #MDWO2020580 Report a problem | ||
| 4/26/2024 | Listed for sale | $795,000+74.7%$421/sqft |
Source: Bright MLS #MDWO2020580 Report a problem | ||
| 2/9/2010 | Sold | $455,000$241/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,217 +13.2% | $673,000 +15.7% |
| 2024 | $8,143 +17.7% | $581,800 +18.6% |
| 2023 | $6,916 | $490,600 |
| 2022 | $6,916 -0.2% | $490,600 |
| 2021 | $6,932 | $490,600 |
| 2020 | $6,932 -0.7% | $490,600 |
| 2019 | $6,979 +0.7% | $490,600 |
| 2018 | $6,930 -2.9% | $490,600 -3% |
| 2017 | $7,140 +18.5% | $505,700 +6.8% |
| 2016 | $6,023 | $473,600 +7.3% |
| 2015 | $6,023 | $441,500 +7.8% |
| 2014 | $6,023 | $409,400 |
| 2013 | -- | $409,400 |
| 2012 | -- | $409,400 -18.4% |
| 2011 | -- | $501,940 |
| 2010 | -- | $501,940 |
| 2009 | -- | $501,940 |
Find assessor info on the county website
Neighborhood: Midtown
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Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 4.4 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 8.2 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 8 mi
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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- Maryland
- Worcester County
- Ocean City
- 21842
- Midtown
- 121 81st St Unit 513
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