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Sold for $1,175,000
  • $1,175,000

    2 48th St Unit 1104, Ocean City, MD 21842

    3beds
    1,790sqft
    Condominium
    Built in 2008
    -- sqft lot
    $1,274,500 Zestimate®
    $656/sqft
    $2,774 Estimated rent

    Home value

    $1,274,500

    $1.19M - $1.38M

    $2,774/mo

    Zestimate® history
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    What's special

    Gated parking garageHeated indoor poolHeated outdoor poolElectric car chargersOcean city maryland skylineFull southern exposure balconyGranite tile
    Previously a model home, this 3-bedroom 3-bathroom residence has continued to be upgraded by its owners. Upgrades include granite tile in the great room, chandeliers in the kitchen and dining room, black stainless-steel appliances, and a custom tile backsplash. After being overwhelmed by all of the interior upgrades you will be off struck by the enchanting panoramic view. From the Atlantic Ocean to the Ocean City Maryland Skyline, and finally the Assawoman Bay, this everchanging view is sure to keep you engaged during your visits. The 11th floor location puts you just high enough to view all of the sights without losing comfort. The full southern exposure balcony can be enjoyed year-round due to the warmth of the sun. On a 50-degree sunny day, it feels more like 70 degrees! This residence delivers fully furnished with minimal exclusions adding to the convenience of your purchase. The Gateway Grand offers a massive amenity package including multiple owners' lounges, an elegant lobby, in-house management and maintenance teams, security onsite in the evenings, a heated indoor pool that is open year-round, a heated outdoor pool to enjoy during the Summer, a gated parking garage and surface lot with an abundance of parking, electric car chargers, deeded beach storage, and the list continues. Make your second home at the beach just as superior and comfortable as your primary residence by purchasing in the luxurious Gateway Grand today. Deeded storage locker #57 located on the ground floor conveys with this residence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Grant Fritschle 410-430-5880,

    Keller Williams Realty Delmarva,

    Listing Team: The Fritschle Barker Group, Co-Listing Team: The Fritschle Barker Group,Co-Listing Agent: Jonathan M Barker 410-935-3810,

    Keller Williams Realty Delmarva

    Bought with:

    Jonathan M Barker, 618143

    Keller Williams Realty Delmarva

    Grant Fritschle, RA0020779

    Keller Williams Realty Delmarva

    Source: Bright MLS,MLS#: MDWO2017878MLS 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
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Dryer, Ice Maker, Oven/Range - Electric, Refrigerator, Washer, Electric Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, In Unit
    Features
    • Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Molding, Dining Area, Entry Level Bedroom, Open Floorplan, Primary Bath(s), Soaking Tub, Bathroom - Tub Shower, Dry Wall
    • Flooring: Carpet, Ceramic Tile
    • Doors: Insulated, Sliding Glass
    • Windows: Insulated Windows, Screens, Window Treatments
    • Has basement: No
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,790
    • Total interior livable area: 1,790 sqft
    • Finished area above ground: 1,790
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Electric Vehicle Charging Station(s), Handicap Parking, Lighted, Driveway, Secured, Surface, Unassigned, Attached, Parking Lot
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting, Outdoor Shower, Sidewalks, Underground Lawn Sprinkler, Balcony
    • Pool features: Community
    • Has spa: Yes
    • Spa features: Bath
    • Has view: Yes
    • View description: Bay, City, Ocean
    • Has water view: Yes
    • Water view: Bay,Ocean
    • Waterfront features: Sandy Beach, Oceanfront, Beach Access, Swimming Allowed, Ocean
    • Body of water: Atlantic
    • Frontage length: Water Frontage Ft: 20
    Lot
    • Features: Premium
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410764653
    • Zoning: RESIDENTIAL
    • Zoning description: Residential Condominium
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Metal Siding
    • Foundation: Pillar/Post/Pier
    • Roof: Flat
    Condition
    • Excellent
    • New construction: No
    • Year built: 2008
    Details
    • Builder model: F
    • Builder name: Bovis Lendlease

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Cable

    Community & HOA

    Community
    • Features: Pool
    • Security: Fire Sprinkler System
    • Condo and coop fee: $922 monthly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Common Grounds, Elevator(s), Fitness Center, Game Room, Meeting Room, Party Room, Indoor Pool, Pool
    • Services included: Common Area Maintenance, Maintenance Structure, Health Club, Insurance, Management, Pool(s), Reserve Funds, Water
    • HOA name: Gateway Grand
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $656/sqft
    • Tax assessed value: $759,000
    • Annual tax amount: $10,699
    • Date on market: 12/6/2023
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: Fully Furnished
    • Exclusions: Personal Items, Photos And Accessories. Any Items In Closets, Cabinets, Drawers. 4 Chairs At Kitchen Island. Contents Of Laundry Room.
    • Ownership: Condominium

    Price history

    DateEventPrice
    1/12/2024Sold$1,175,000-2.1%$656/sqft
    Source: Bright MLS #MDWO2017878 Report a problem
    12/10/2023Contingent$1,200,000$670/sqft
    Source: Bright MLS #MDWO2017878 Report a problem
    12/6/2023Listed for sale$1,200,000+33.3%$670/sqft
    Source: Bright MLS #MDWO2017878 Report a problem
    5/1/2023Listing removed--
    Source: Bright MLS #MDWO121154 Report a problem
    5/21/2021Sold$899,900$503/sqft
    Source: Public Record Report a problem
    4/6/2021Pending sale$899,900$503/sqft
    Source: Bright MLS #MDWO121154 Report a problem
    4/2/2021Listed for sale$899,900+26.7%$503/sqft
    Source: Bright MLS #MDWO121154 Report a problem
    6/27/2013Sold$710,000-4%$397/sqft
    Source: Public Record Report a problem
    1/26/2013Listed for sale$739,900+9.4%$413/sqft
    Source: Condominium Realty, LTD #481821 Report a problem
    5/17/2010Sold$676,500+0.2%$378/sqft
    Source: Public Record Report a problem
    3/31/2009Sold$675,000$377/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,463 +13.9%$1,056,000 +16.4%
    2024$12,701 +18.7%$907,500 +19.6%
    2023$10,699 $759,000
    2022$10,699 -0.2%$759,000
    2021$10,724 $759,000
    2020$10,724 -0.6%$759,000
    2019$10,789 +0.8%$759,000 +0.1%
    2018$10,706 +0.1%$757,867 +0.1%
    2017$10,693 +40.6%$757,300 +7.3%
    2016$7,603 $705,600 +7.9%
    2015$7,603 $653,900 +8.6%
    2014$7,603 $602,200
    2013-- $602,200
    2012-- $602,200 -5%
    2011-- $633,600
    2010-- $633,600 -25.1%
    2009-- $846,250
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
    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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