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Sold for $1,325,000
  • $1,325,000

    2 48th St Unit 408, Ocean City, MD 21842

    3beds
    1,790sqft
    Condominium
    Built in 2008
    -- sqft lot
    $1,360,000 Zestimate®
    $740/sqft
    $2,774 Estimated rent

    Home value

    $1,360,000

    $1.28M - $1.46M

    $2,774/mo

    Zestimate® history
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    What's special

    Entered for comparable sale purposes only and sold without listing in MLS. Direct oceanfront F-Style Residence at the Gateway Grand! Relax and take in the soothing panoramic views of the Atlantic Ocean in this designer furnished turn key property. The attention to detail inside is like no other, from the custom millwork in the entrance hallway and dining room to the textured ceramic tile backsplash in the kitchen. This residence has been meticulously maintained by it's current owners. Included in the sale is a deeded storage locker #124. The Gateway Grand is one of the most luxurious and newest buildings in Ocean City, MD featuring indoor and outdoor pools, kids club room, fitness center, on-site management, on-site maintenance, security, and the list continues!

    Zillow last checked:

    Listing updated:

    Listed by:

    NON MEMBER 844-552-7444,

    Non Subscribing Office

    Bought with:

    Mattie K D'Anthony, 503436

    RE/MAX Advantage Realty

    Source: Bright MLS,MLS#: MDWO2017824MLS 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, Other
    Cooling
    • Ceiling Fan(s), Central Air, Heat Pump, Electric, Other
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, Main Level, In Unit
    Features
    • Ceiling Fan(s), Chair Railings, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Molding, Dining Area, Entry Level Bedroom, Flat, Open Floorplan, Kitchen Island, Primary Bath(s), Recessed Lighting, Bathroom - Tub Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Dry Wall
    • Flooring: Ceramic Tile, Carpet
    • Doors: Sliding Glass, Insulated, Storm Door(s)
    • 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, Secured, Unassigned, Parking Lot, Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Doors - Lever Handle(s)
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting, Lawn Sprinkler, Outdoor Shower, Storage, Sidewalks, Street Lights, Underground Lawn Sprinkler, Water Fountains, Balcony
    • Pool features: Community
    • Spa features: Bath
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Sandy Beach, Oceanfront, Ocean
    • Body of water: Atlantic Ocean
    • Frontage length: Water Frontage Ft: 20
    Lot
    • Features: Cleared, Landscaped, Poolside
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410763703
    • Zoning: RESIDENTIAL
    • Zoning description: Residential Condominium
    • Special conditions: Standard
    • Other equipment: None

    Construction

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

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Pool
    • Security: Desk in Lobby, Exterior Cameras, Security System, Fire Sprinkler System, Smoke Detector(s)
    • Condo and coop fee: $808 monthly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Common Grounds, Elevator(s), Fitness Center, Storage, Game Room, Meeting Room, Party Room, Indoor Pool, Pool, Security
    • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Management, Pool(s), Reserve Funds, Snow Removal, Trash, Water
    • HOA name: Gateway Grand
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $740/sqft
    • Tax assessed value: $729,300
    • Annual tax amount: $10,280
    • Date on market: 11/29/2023
    • Listing terms: Cash,Conventional
    • Inclusions: See Inventory Addendum
    • Exclusions: See Inventory Addendum
    • Ownership: Condominium
    • Road surface type: Black Top

    Price history

    DateEventPrice
    11/29/2023Sold$1,325,000+65.3%$740/sqft
    Source: Bright MLS #MDWO2017824 Report a problem
    7/24/2020Sold$801,500-1.6%$448/sqft
    Source: Public Record Report a problem
    5/20/2020Listed for sale$814,900+3.8%$455/sqft
    Source: Keller Williams Realty Delmarva #MDWO113760 Report a problem
    6/26/2015Sold$785,000-0.6%$439/sqft
    Source: Public Record Report a problem
    1/24/2015Listed for sale$789,900-1.3%$441/sqft
    Source: George T Purnell #494947 Report a problem
    4/2/2012Listing removed$799,900$447/sqft
    Source: Condominium Realty, LTD #477277 Report a problem
    3/22/2012Listed for sale$799,900+2.6%$447/sqft
    Source: Condominium Realty, LTD #477277 Report a problem
    8/12/2009Sold$779,900$436/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,122 +11.1%$958,100 +13.6%
    2024$11,808 +14.9%$843,700 +15.7%
    2023$10,280 $729,300
    2022$10,280 -0.2%$729,300
    2021$10,304 $729,300
    2020$10,304 -0.7%$729,300
    2019$10,375 +0.7%$729,300
    2018$10,302 -7.9%$729,300 -7.9%
    2017$11,183 +30.7%$792,000 +2.9%
    2016$8,554 $770,000 +2.9%
    2015$8,554 $748,000 +3%
    2014$8,554 $726,000 +0.6%
    2013-- $721,600 +0.6%
    2012-- $717,200 +0.6%
    2011-- $712,800
    2010-- $712,800 -24.3%
    2009-- $941,500
    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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