Sold for $155,000

$155,000

224 Flounder Ln, Ocean City, MD 21842

1beds

504sqft

Condominium

Built in 2000

-- sqft lot

$155,600 Zestimate^®

$308/sqft

$1,691 Estimated rent

Home value

$155,600

$137,000 - $176,000

$1,691/mo

Zestimate^® history

Owner options

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$1,691/mo

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$1,691/mo

Rent Zestimate^®

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$921/mo

Est. payment

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$921/mo

Est. payment

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What's special

Recently renovated homeNew floors

Recently Renovated Home in Downtown Ocean City. Close to the bay, nestled in Isle of Wight Park. This 504 square foot home with 1 bedrooms and 1 full bathroom are walking distance to the beach, boardwalk, and numerous restaurants and shops. Home is in good condition with 1 dedicated parking space in the driveway. Recent improvements include New floors and Paint . There is a nice outdoor gravel patio for enjoyment and grilling out in the fair weather months! Please note: Isle of Wight is a Co-Op; shares in the Cooperative are transferred at settlement. This is a must see property it will not last long. The park fee is only $136.75/month and includes Park maintence, water& Sewer, and Trash Pickup.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Basement

Area: 0

Heating

Heat Pump, Electric

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater
Laundry: Washer In Unit, Dryer In Unit

Features

Dry Wall, 9'+ Ceilings
Flooring: Ceramic Tile, Wood
Has basement: No
Has fireplace: No

Interior area

Total structure area: 504
Total interior livable area: 504 sqft
Finished area above ground: 504
Finished area below ground: 0

Property

Parking

Parking features: Off Street

Accessibility

Accessibility features: 2+ Access Exits

Features

Levels: One
Stories: 1
Pool features: None

Details

Additional structures: Above Grade, Below Grade
Parcel number: 2410714737
Zoning: TR
Special conditions: Standard

Construction

Type & style

Home type: Cooperative
Architectural style: Other
Property subtype: Condominium

Materials

Other
Foundation: Other
Roof: Architectural Shingle

Condition

Excellent
New construction: No
Year built: 2000

Utilities & green energy

Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Cable Available, Natural Gas Available

Community & HOA

Community

Condo and coop fee: $137 monthly
Subdivision: Isle Of Wight Trailer Pk

HOA

Has HOA: No
Amenities included: None
Services included: Sewer, Snow Removal, Water, Management, Common Area Maintenance
HOA name: Isle Of Wright

Location

Region: Ocean City
Municipality: Ocean City

Financial & listing details

Price per square foot: $308/sqft
Tax assessed value: $118,033
Annual tax amount: $1,578
Date on market: 7/26/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Ownership: Cooperative
Body type: Single Wide

Price history

Date	Event	Price
7/20/2026	Sold	$155,000-11.4%$308/sqft
Source: Bright MLS #MDWO2032218 Report a problem
7/8/2026	Pending sale	$175,000$347/sqft
Source: Bright MLS #MDWO2032218 Report a problem
7/8/2026	Listed for sale	$175,000$347/sqft
Source: Bright MLS #MDWO2032218 Report a problem
6/19/2026	Contingent	$175,000$347/sqft
Source: Bright MLS #MDWO2032218 Report a problem
5/18/2026	Listed for sale	$175,000-12.5%$347/sqft
Source: Bright MLS #MDWO2032218 Report a problem
1/9/2026	Contingent	$199,900$397/sqft
Source: Bright MLS #MDWO2032218 Report a problem
9/8/2025	Price change	$199,900-11.2%$397/sqft
Source: Bright MLS #MDWO2032218 Report a problem
8/3/2025	Price change	$225,000-8.9%$446/sqft
Source: Bright MLS #MDWO2032218 Report a problem
7/26/2025	Price change	$247,000-0.8%$490/sqft
Source: Bright MLS #MDWO2032218 Report a problem
5/15/2025	Listed for sale	$249,000$494/sqft
Source: Bright MLS #MDWO2030834 Report a problem