Skip main navigation
Sold for $265,000
  • $265,000

    14 40th St Unit 302, Ocean City, MD 21842

    1beds
    616sqft
    Condominium
    Built in 1983
    -- sqft lot
    $269,400 Zestimate®
    $430/sqft
    $1,587 Estimated rent

    Home value

    $269,400

    $242,000 - $299,000

    $1,587/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,587/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,587/mo

    Rent Zestimate®

    Refinance and save

    $1,587/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,587/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Ocean blockAssigned covered parking spotPrivate balconyOutdoor showerBreathtaking ocean viewsWell appointed bathroom
    Welcome to your ocean block getaway! Introducing a charming fully furnished one bedroom condo that offers not just a place to stay but a slice of paradise in Ocean City. With one well appointed bathroom and new HVAC in 2022 comfort meets modern convenience in this delightful condo. Imagine starting your day with breathtaking ocean views on your private balcony as the waves set the perfect backdrop and ending it with amazing sunsets over the bay. This condo isn't just about beautiful views, it has one assigned covered parking spot, designated storage locker and an outdoor shower. Given its prime location, you are only a short stroll away from local attractions and entertainment. Thinking of an investment? This property is a proven performer, offering potential rental income thanks to its turnkey condition and sought after locale. This condo is the perfect blend of retreat and investment. Dive into your new life at the beach- sunshine and good times guaranteed!

    Zillow last checked:

    Listing updated:

    Listed by:

    Margaret Connors 410-430-5221,

    Berkshire Hathaway HomeServices PenFed Realty,

    Co-Listing Agent: Carol Proctor 443-567-0650,

    Berkshire Hathaway HomeServices PenFed Realty

    Bought with:

    Brett Berquist, 5007201

    Keller Williams Realty Delmarva

    Source: Bright MLS,MLS#: MDWO2028534MLS 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
    • Central, Electric
    Cooling
    • Heat Pump, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: In Unit
    Features
    • Combination Kitchen/Living
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 616
    • Total interior livable area: 616 sqft
    • Finished area above ground: 616
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Assigned, Parking Lot
    • Details: Assigned Parking
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Outdoor Shower, Storage
    • Pool features: None
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410229634
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Combination
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $267 monthly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: None
    • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Management, Reserve Funds, Snow Removal, Trash
    • HOA name: Ocean Point 1
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $430/sqft
    • Tax assessed value: $141,267
    • Annual tax amount: $1,977
    • Date on market: 2/14/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Condominium

    Price history

    DateEventPrice
    4/16/2025Sold$265,000-3.6%$430/sqft
    Source: Bright MLS #MDWO2028534 Report a problem
    2/24/2025Contingent$275,000$446/sqft
    Source: Bright MLS #MDWO2028534 Report a problem
    2/14/2025Listed for sale$275,000+66.7%$446/sqft
    Source: Bright MLS #MDWO2028534 Report a problem
    11/25/2020Sold$165,000-4.3%$268/sqft
    Source: Public Record Report a problem
    10/9/2020Pending sale$172,500$280/sqft
    Source: Berkshire Hathaway HomeServices PenFed Realty #MDWO117026 Report a problem
    10/2/2020Price change$172,500-1.4%$280/sqft
    Source: Berkshire Hathaway HomeServices PenFed Realty #MDWO117026 Report a problem
    9/22/2020Listed for sale$175,000+6.1%$284/sqft
    Source: Bright MLS #MDWO117026 Report a problem
    1/1/2020Sold$165,000+0.1%$268/sqft
    Source: Agent Provided Report a problem
    3/21/2016Listing removed$164,900$268/sqft
    Source: Buyer's Choice Real Estate Svc #501505 Report a problem
    1/19/2016Listed for sale$164,900+33%$268/sqft
    Source: Buyer's Choice Real Estate Svc #501505 Report a problem
    5/14/2013Sold$124,000-2%$201/sqft
    Source: Public Record Report a problem
    2/12/2013Listed for sale$126,500+138.7%$205/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-104th #482243 Report a problem
    1/30/1997Sold$53,000$86/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,233 +12.9%$163,033 +15.4%
    2024$1,977 +17.4%$141,267 +18.2%
    2023$1,684 $119,500
    2022$1,684 -0.2%$119,500
    2021$1,688 $119,500
    2020$1,688 -0.7%$119,500
    2019$1,700 +0.7%$119,500
    2018$1,688 -3%$119,500 -3%
    2017$1,740 -8.1%$123,200
    2016$1,892 $123,200
    2015$1,892 $123,200 -2.4%
    2014$1,892 $126,200
    2013-- $126,200
    2012-- $126,200 -20%
    2011-- $157,690
    2010-- $157,690
    2009-- $157,690 -20%
    2008-- $197,120 +19.6%
    2007-- $164,880 +24.3%
    2006-- $132,640 +32.1%
    2005-- $100,400 +18.4%
    2004-- $84,766 +22.6%
    2003-- $69,133 +29.2%
    2002-- $53,500 +1.6%
    2001-- $52,666
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ocean City
    • Middle: Stephen Decatur
    • 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.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $269,400
    2% more
    +$5,388
    With Zillow Showcase(estimated)
    $274,788