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Off market
  • $1,906,200

    2 48th St Unit 1501, Ocean City, MD 21842

    4beds
    2,385sqft
    Condo
    Built in 2008
    -- sqft lot
    $1,906,200 Zestimate®
    $799/sqft
    $3,323 Estimated rent

    Home value

    $1,906,200

    $1.75M - $2.08M

    $3,323/mo

    Zestimate® history
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    Owner options

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    $3,323/mo

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    $3,323/mo

    Rent Zestimate®

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    $10,210/mo

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    $10,210/mo

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    What's special

    When only the best will do, welcome to residence 1501 at the Gateway Grand. Spectacular panoramic views of the Atlantic Ocean, Ocean City, and Assawoman Bay from not just one, but two balconies. In the distance views as far South as Assateaque Island National Seashore and North to Bethany Beach, DE. Every room has direct access to one of the outdoor balconies. Owner Upgrades include custom electronic blinds in the great room and owner's suite, hard wired high-end speakers inside and outside, custom tile floors in the bedrooms, an upgraded wine fridge in the kitchen, and the installation of comfort height commodes. In addition, a smart home system allows for lighting and thermostats to be controlled remotely. You will notice the attention to detail as there are custom closet organizers in the master bedroom and custom shelving and lighting in the laundry room. This is a must see property in one of the nicest high rise communities in Ocean City. Call for your private showing today! Deeded storage locker #6 on ground floor included with sale.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave
    Features
    • Ceiling Fan(s), Kitchen Island, Window Treatments, Pantry, Recessed Lighting, Walk-In Closet(s), Dining Area, Soaking Tub, Crown Molding, Open Floorplan, Sprinkler System, Entry Level Bedroom, Master Bath(s), Combination Dining/Living, Upgraded Countertops, Combination Kitchen/Dining, WhirlPool/HotTub, Combination Kitchen/Living, Stall Shower, Flat, Efficiency, Tub Shower
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 2,385 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    Accessibility
    • Accessibility features: Doors - Lever Handle(s), Grab Bars Mod
    Features
    • Exterior features: Cement / Concrete
    • Pool features: Heated, Indoor, Concrete, Community
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 10765064
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 2008

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $944 monthly
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $799/sqft
    • Tax assessed value: $1,365,000
    • Annual tax amount: $18,695

    Price history

    DateEventPrice
    9/30/2020Sold$1,500,000-3.2%$629/sqft
    Source: Public Record Report a problem
    7/24/2020Price change$1,550,000-3.1%$650/sqft
    Source: Keller Williams Realty Delmarva #MDWO114782 Report a problem
    7/1/2020Listed for sale$1,599,900+33.3%$671/sqft
    Source: Keller Williams Realty Delmarva #MDWO114782 Report a problem
    9/21/2012Sold$1,200,000$503/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,695 -1.6%$1,365,000 +0.6%
    2024$19,000 -0.2%$1,357,500 +0.6%
    2023$19,030 $1,350,000
    2022$19,030 -0.2%$1,350,000
    2021$19,074 $1,350,000
    2020$19,074 +0.3%$1,350,000
    2019$19,013 +1.7%$1,350,000 +2%
    2018$18,689 +1.1%$1,323,000 +1%
    2017$18,490 +135.4%$1,309,500 +18.9%
    2016$7,856 $1,101,733 +23.2%
    2015$7,856 $893,967 +30.3%
    2014$7,856 $686,200 +1.6%
    2013-- $675,700 +1.6%
    2012-- $665,200 +1.6%
    2011-- $654,700 0%
    2010-- $654,750 -23.5%
    2009-- $855,750
    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: The 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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    Sell for more on Zillow
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    $1,906,200
    2% more
    +$38,124
    With Zillow Showcase(estimated)
    $1,944,324