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Off market
  • $1,202,500

    2 48th St Unit 1605, Ocean City, MD 21842

    3beds
    1,650sqft
    Condo
    Built in 2008
    -- sqft lot
    $1,202,500 Zestimate®
    $729/sqft
    $2,698 Estimated rent

    Home value

    $1,202,500

    $1.11M - $1.31M

    $2,698/mo

    Zestimate® history
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    $2,698/mo

    Rent Zestimate®

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    $6,538/mo

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    $6,538/mo

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    What's special

    Spectacular Views of the Ocean & Bay! You can see south to the Rt. 50 Bridge and even to the Ferris wheel on the boardwalk at night. You will never tire of the views! In pristine condition, rarely used and never rented. The kitchen features granite counter tops, tile back splash, stainless steel appliances, wine chiller and an office nook to the side. Enjoy the great water views from the master suite too. The Master Bath has a tiled walk-in shower plus whirlpool tub & double bowl vanity. The TV, Surround Sound & Smart Home System are included. The Gateway Grand is a premier ocean front building with an indoor and outdoor pool, fitness center, on-site management, security, beautiful lobby and conditioned storage units. You'll feel relaxed as soon as you walk in the door.

    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: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Other
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,650 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off-street
    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 10765242

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Built-up
    Condition
    • Year built: 2008

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $693 monthly
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $729/sqft
    • Tax assessed value: $1,056,000
    • Annual tax amount: $14,463

    Price history

    DateEventPrice
    8/7/2018Sold$790,000-1.1%$479/sqft
    Source: Public Record Report a problem
    6/30/2018Pending sale$798,850$484/sqft
    Source: Berkshire Hathaway HomeServices PenFed Realty - OP #1001560204 Report a problem
    11/6/2017Listed for sale$798,850-0.1%$484/sqft
    Source: Berkshire Hathaway HomeServices PenFed Realty - Berlin #513395 Report a problem
    4/6/2017Listing removed$799,850$485/sqft
    Source: Berkshire Hathaway HomeServices PenFed Realty - Berlin #508072 Report a problem
    1/21/2017Listed for sale$799,850+6.6%$485/sqft
    Source: Berkshire Hathaway HomeServices PenFed Realty - Berlin #508072 Report a problem
    3/20/2013Sold$750,000$455/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 +59.2%$757,300 +7.3%
    2016$6,718 $705,600 +7.9%
    2015$6,718 $653,900 +8.6%
    2014$6,718 $602,200 +2.4%
    2013-- $588,067 +2.5%
    2012-- $573,933 +2.5%
    2011-- $559,800 -11.6%
    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
    • Elementary: Ocean City
    • Middle: Stephen Decatur
    • High: Stephen Decatur
    • 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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    $1,202,500
    2% more
    +$24,050
    With Zillow Showcase(estimated)
    $1,226,550