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Sold for $355,000
  • $355,000

    1406 Chicago Ave Unit 206, Ocean City, MD 21842

    2beds
    920sqft
    Condominium
    Built in 1983
    -- sqft lot
    $374,900 Zestimate®
    $386/sqft
    $2,274 Estimated rent

    Home value

    $374,900

    $352,000 - $401,000

    $2,274/mo

    Zestimate® history
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    What's special

    Recently updated kitchenBeach retreatMini splitsIndoor secure storageNeutral paint paletteAbundant natural lightCoastal lifestyle
    Experience the epitome of coastal living with this exceptional condo nestled in a serene residential enclave between 15th and 14th street in Ocean City, Maryland. Boasting low condo fees and an invitingly low tax rate of $2,347/year, this Breakwater condominium is undeniably the ultimate choice for savvy buyers seeking both value and location. This splendid two-bedroom, two-bathroom second floor unit offers a tranquil retreat, enhanced by its prime location. Indoor secure storage ensures effortless organization for all your beach essentials. Embrace the coastal lifestyle with a mere five-minute stroll to the beach, while also conveniently close to the esteemed Harbor Island Community hosting the renowned White Marlin Fishing Tournament, Mallard Island, and the highly anticipated Margaritaville Complex. Presented fully furnished, this residence epitomizes convenience and comfort. Revel in the main living open floor plan, boasting a recently updated kitchen, neutral paint palette and abundant natural light creating a welcoming ambiance. Unwind in the generously sized primary bedroom featuring a private ensuite, while the 25 ft. porch of this unit offers an idyllic setting for enjoying your morning coffee or evening libation as the sun sets over the bay. Additional amenities include a community bicycle rack, ample onsite and off-street parking, catering to both residents and guests alike. Whether you're seeking an investment opportunity or your own beach retreat, this property offers remarkable income potential and endless possibilities. Seize this rare chance to secure your slice of beach paradise living. Schedule your private showing today and make your coastal dreams a reality. Move In Ready for you and your guests. The units for heat and AC are new. All furniture, bed linens, towels, kitchenware and appliances large and small all convey. You don't want to miss this one!

    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy Delzoppo 443-250-6395,

    Northrop Realty

    Bought with:

    Rich DiFilippo, 307001

    Keller Williams Realty Delmarva

    Source: Bright MLS,MLS#: MDWO2019752MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
    Basement
    • Area: 0
    Heating
    • Wall Unit, Electric
    Cooling
    • Wall Unit(s), Electric
    Appliances
    • Included: Microwave, Dishwasher, Dryer, Freezer, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer Stacked, Water Heater, Electric Water Heater
    • Laundry: Washer In Unit, Dryer In Unit, In Unit
    Features
    • Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Open Floorplan, Kitchen - Gourmet, Primary Bath(s), Bathroom - Tub Shower, Upgraded Countertops, Dry Wall
    • Flooring: Carpet, Vinyl
    • Doors: Storm Door(s)
    • Windows: Screens, Sliding
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 920
    • Total interior livable area: 920 sqft
    • Finished area above ground: 920
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Asphalt, On Street, Parking Lot
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Other
    Features
    • Levels: Three
    • Stories: 3
    • Patio & porch: Roof
    • Exterior features: Balcony
    • Pool features: None
    • Has view: Yes
    • View description: Panoramic
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410248388
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Coastal,Villa
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Aluminum Siding, Frame, Stick Built
    Condition
    • Excellent
    • New construction: No
    • Year built: 1983

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Main Entrance Lock, Smoke Detector(s)
    • Condo and coop fee: $750 quarterly
    • Subdivision: Breakwater
    HOA
    • Has HOA: No
    • Amenities included: Storage
    • Services included: Common Area Maintenance, Insurance, Maintenance Grounds, Reserve Funds, Snow Removal
    • HOA name: Breakwater
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $386/sqft
    • Tax assessed value: $166,500
    • Annual tax amount: $2,347
    • Date on market: 3/21/2024
    • Listing agreement: Exclusive Right To Sell
    • Inclusions: All Furniture, Kitchen Ware, Linens For Beds, Linens- Bathroom, Kitchen, Appliances Large And Small
    • Ownership: Condominium

    Price history

    DateEventPrice
    5/1/2024Sold$355,000$386/sqft
    Source: Bright MLS #MDWO2019752 Report a problem
    3/23/2024Pending sale$355,000$386/sqft
    Source: Bright MLS #MDWO2019752 Report a problem
    3/23/2024Listing removed--
    Source: Bright MLS #MDWO2019752 Report a problem
    3/21/2024Listed for sale$355,000+446.2%$386/sqft
    Source: Bright MLS #MDWO2019752 Report a problem
    4/21/1998Sold$65,000$71/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,868 +23.1%$282,433 +25.8%
    2024$3,142 +33.9%$224,467 +34.8%
    2023$2,347 $166,500
    2022$2,347 -0.2%$166,500
    2021$2,352 $166,500
    2020$2,352 +0.6%$166,500
    2019$2,338 +2.1%$166,500 +2.7%
    2018$2,291 +1.4%$162,167 +1.4%
    2017$2,259 +8.3%$160,000 +4.8%
    2016$2,087 $152,667 +5%
    2015$2,087 $145,333 +5.3%
    2014$2,087 $138,000
    2013-- $138,000
    2012-- $138,000 -20.6%
    2011-- $173,880
    2010-- $173,880
    2009-- $173,880 -26.7%
    2008-- $237,360 +18%
    2007-- $201,172 +21.9%
    2006-- $164,986 +28.1%
    2005-- $128,800 +20.5%
    2004-- $106,866 +25.8%
    2003-- $84,933 +34.8%
    2002-- $63,000 +1.3%
    2001-- $62,166
    Find assessor info on the county website

    Neighborhood: Boardwalk/Inlet

    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.

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    $374,900
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    $382,398