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Sold for $251,000
  • $251,000

    16 51st St Unit 304, Ocean City, MD 21842

    1beds
    525sqft
    Condominium
    Built in 1980
    -- sqft lot
    $265,900 Zestimate®
    $478/sqft
    $1,643 Estimated rent

    Home value

    $265,900

    $250,000 - $285,000

    $1,643/mo

    Zestimate® history
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    What's special

    Low density beachOcean side propertyPrivate balconyOpen floor plan
    Updated, clean, and well-maintained condominium in desirable mid-town location (across from Seacrets). Unit features off street parking, open floor plan, washer/dryer, and private balcony. Whether looking for the perfect beach retreat, or an ideal rental investment, this ocean side property (just steps away from a low density beach with no streets to cross) offers the best of both worlds with very little maintenance. Easy access to boardwalk, shopping, restaurants, and attractions. Rare turnkey opportunity will not last long. Must see to fully appreciate… bring all offers !!

    Zillow last checked:

    Listing updated:

    Listed by:

    Josh Wengert 410-303-9001,

    Exit Results Realty

    Bought with:

    Bridgette Andrzejewski, 5008960

    Cummings & Co. Realtors

    Source: Bright MLS,MLS#: MDWO2016626MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Rooms
    • Room types: Living Room, Kitchen, Bedroom 1
    Heating
    • Baseboard
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Electric Water Heater
    • Laundry: In Unit
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 525
    • Total interior livable area: 525 sqft
    • Finished area above ground: 525

    Property

    Parking
    • Parking features: Off Street, Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony
    • Pool features: None
    Details
    • Additional structures: Above Grade
    • Parcel number: 72034
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Masonry, Concrete
    • Foundation: Block
    • Roof: Built-Up
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $2,200 annually
    • Subdivision: None Available
    HOA
    • Has HOA: No
    Location
    • Region: Ocean City
    • Municipality: OCEAN CITY

    Financial & listing details

    • Price per square foot: $478/sqft
    • Tax assessed value: $144,300
    • Annual tax amount: $2,034
    • Date on market: 9/28/2023
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/16/2023Sold$251,000+6.9%$478/sqft
    Source: Bright MLS #MDWO2016626 Report a problem
    10/2/2023Pending sale$234,900$447/sqft
    Source: Bright MLS #MDWO2016626 Report a problem
    9/28/2023Listed for sale$234,900+56.6%$447/sqft
    Source: Bright MLS #MDWO2016626 Report a problem
    11/13/2018Sold$150,000+158.6%$286/sqft
    Source: Public Record Report a problem
    9/20/1995Sold$58,000$110/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,647 +12.1%$193,300 +14.5%
    2024$2,363 +16.1%$168,800 +17%
    2023$2,034 $144,300
    2022$2,034 -0.2%$144,300
    2021$2,039 $144,300
    2020$2,039 -0.7%$144,300
    2019$2,053 +0.7%$144,300
    2018$2,038 -4.8%$144,300 -4.9%
    2017$2,142 +1.5%$151,700 +2.6%
    2016$2,110 $147,833 +2.7%
    2015$2,110 $143,967 +2.8%
    2014$2,110 $140,100
    2013-- $140,100
    2012-- $140,100 -20.3%
    2011-- $175,870
    2010-- $175,870
    2009-- $175,870 -21%
    2008-- $222,600 +18.7%
    2007-- $187,600 +13%
    2006-- $166,073 +41.2%
    2005-- $117,600 +19.5%
    2004-- $98,400 +24.2%
    2003-- $79,200 +32%
    2002-- $60,000 +2.9%
    2001-- $58,332
    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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