Newly Released ''Club Level'' Residence.The Gateway Grand is a one-of-a-kind landmark residence offering the finest in elegant contemporary ocean living. Featuring 3 & 4 bdrm units, indoor pool, outdoor pool, fitness center, enclosed corridors, kids club, elegant lobby, lounge and so much more. Visit Sales Center at 48th Street to See Models. Brokered And Advertised By: Mark C Fritschle Listing Agent: Mark C Fritschle
Sold for $1,300,000
$1,300,000
2 48th St Unit 1608, Ocean City, MD 21842
3beds
3baths
1,790sqft
Condo
Built in 2008
-- sqft lot
$1,338,200 Zestimate®
$726/sqft
$2,774 Estimated rent
Home value
$1,338,200
$1.24M - $1.43M
$2,774/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 1,790 sqft
Property
Details
- Parcel number: 10765277
Construction
Type & style
- Home type: Condo
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: $726/sqft
- Tax assessed value: $1,025,733
- Annual tax amount: $14,048
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2024 | Sold | $1,300,000+4%$726/sqft |
Source: Public Record Report a problem | ||
| 7/12/2023 | Sold | $1,250,000-5.7%$698/sqft |
Source:  Bright MLS #MDWO2013480 Report a problem | ||
| 6/15/2023 | Pending sale | $1,325,000$740/sqft |
Source: Bright MLS #MDWO2013480 Report a problem | ||
| 4/24/2023 | Listed for sale | $1,325,000+52.5%$740/sqft |
Source: Bright MLS #MDWO2013480 Report a problem | ||
| 7/29/2013 | Sold | $869,000-1.2%$485/sqft |
Source: Public Record Report a problem | ||
| 4/26/2013 | Listed for sale | $879,900$492/sqft |
Source: Condominium Realty, LTD #483666 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,048 +12% | $1,025,733 +14.4% |
| 2024 | $12,547 +16% | $896,467 +16.8% |
| 2023 | $10,814 | $767,200 |
| 2022 | $10,814 -0.2% | $767,200 |
| 2021 | $10,840 | $767,200 |
| 2020 | $10,840 -0.7% | $767,200 |
| 2019 | $10,914 +0.7% | $767,200 |
| 2018 | $10,837 -7.3% | $767,200 -7.4% |
| 2017 | $11,696 +36.8% | $828,300 +4.3% |
| 2016 | $8,552 | $794,200 +4.5% |
| 2015 | $8,552 | $760,100 +4.7% |
| 2014 | $8,552 | $726,000 +0.6% |
| 2013 | -- | $721,567 +0.6% |
| 2012 | -- | $717,133 +0.6% |
| 2011 | -- | $712,700 0% |
| 2010 | -- | $712,800 -24.3% |
| 2009 | -- | $941,500 |
Find assessor info on the county website
Neighborhood: Midtown
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Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 2.8 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 7.1 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 7 mi
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$1,338,200
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$1,364,964
- Maryland
- Worcester County
- Ocean City
- 21842
- Midtown
- 2 48th St Unit 1608
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