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Sold for $197,500
  • $197,500

    2301 Philadelphia Ave #207, Ocean City, MD 21842

    1beds
    408sqft
    Condominium
    Built in 1975
    -- sqft lot
    $207,300 Zestimate®
    $484/sqft
    $1,436 Estimated rent

    Home value

    $207,300

    $191,000 - $226,000

    $1,436/mo

    Zestimate® history
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    What's special

    Exterior renovationBoat tie-up areaPrivate boat launch rampBayside canal viewFull size refrigeratorElectric rangeBottom drawer freezer
    Discover the perfectly affordable beach getaway on the bayside with this charming 1 bed, 1 bath unit ideally located off Coastal Highway on 23rd St. This unit's location in the building offers bayside canal view from entire living area & bedroom (the unit has a permanent wall that was installed to change it from an efficiency unit to a 1 bedroom). Open floor plan from kitchen into living area, and kitchen island seats 4 for eat-in dining. The kitchen offers an electric range, built-in microwave, dishwasher and full size refrigerator with bottom drawer freezer. Westward Ho just did an exterior renovation in spring of '24, and the building offers an elevator, outdoor shower, small picnic & grilling area that overlooks canal which leads to open bay, and laundry facilities on site (one for owners only, and a second for renters). Also, water consumption is included in condo fee, but fixture fees are paid for by unit owner. Each unit in the building receives two parking passes. There is a private boat launch ramp that owners in Westward Ho are allowed to use if they show proof of ownership, and there is also a boat tie-up area in the canal (no storing of boat or trailer in parking lot is allowed). It is a non smoking building. Safely cross at a stoplight for a short walk to the beach and boardwalk! Also, it's a hop, skip and a jump to some of Ocean City’s most popular mini-golf, restaurants and bars. The unit is sold furnished. Currently rented to year-round tenant whose lease is up in April '25, buyer must honor lease. With excellent short term and seasonal rental potential, you can make an investment at the beach!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lauren Bunting 410-422-9899,

    Keller Williams Realty Delmarva

    Bought with:

    Sherry Thens, 657202

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: MDWO2023494MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Wall Unit, Electric
    Cooling
    • Wall Unit(s), Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Dry Wall
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 408
    • Total interior livable area: 408 sqft
    • Finished area above ground: 408
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Site, Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Waterfront features: Ocean
    • Body of water: Atlantic Ocean
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410043972
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $945 quarterly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Elevator(s), Laundry, Pier/Dock
    • Services included: Cable TV, Common Area Maintenance, Maintenance Structure, Insurance, Laundry, Reserve Funds, Trash
    • HOA name: Westward Ho
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $484/sqft
    • Tax assessed value: $136,867
    • Annual tax amount: $1,362
    • Date on market: 10/4/2024
    • Listing agreement: Exclusive Right To Sell
    • Inclusions: Sold Furnished
    • Exclusions: A Few Exclusions As Unit Is Rented And Any Personal Items Of Renters Are Excluded
    • Ownership: Condominium

    Price history

    DateEventPrice
    11/27/2024Sold$197,500-5.9%$484/sqft
    Source: Bright MLS #MDWO2023494 Report a problem
    10/16/2024Contingent$209,900$514/sqft
    Source: Bright MLS #MDWO2023494 Report a problem
    10/4/2024Listed for sale$209,900+74.9%$514/sqft
    Source: Bright MLS #MDWO2023494 Report a problem
    10/23/2020Sold$120,000-4%$294/sqft
    Source: Public Record Report a problem
    9/29/2020Pending sale$125,000$306/sqft
    Source: Coldwell Banker Realty #MDWO116872 Report a problem
    9/20/2020Listed for sale$125,000+31.6%$306/sqft
    Source: Coldwell Banker Residential-123rd #MDWO116872 Report a problem
    11/15/2017Sold$95,000-4.9%$233/sqft
    Source: Public Record Report a problem
    10/10/2017Pending sale$99,900$245/sqft
    Source: Long & Foster-B #512262 Report a problem
    9/25/2017Listed for sale$99,900-5.7%$245/sqft
    Source: Long & Foster-B #512262 Report a problem
    10/31/2015Listing removed$105,900$260/sqft
    Source: LONG AND FOSTER-BETHANY #499653 Report a problem
    9/10/2015Listed for sale$105,900+11.5%$260/sqft
    Source: Long & Foster - Bethany Beach #499653 Report a problem
    7/1/2003Sold$95,000$233/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,875 +14.7%$136,867 +17.2%
    2024$1,634 +20%$116,733 +20.8%
    2023$1,362 $96,600
    2022$1,362 -0.2%$96,600
    2021$1,365 $96,600
    2020$1,365 -0.7%$96,600
    2019$1,374 +0.7%$96,600
    2018$1,365 -7.8%$96,600 -7.8%
    2017$1,480 +5.7%$104,800 +5.6%
    2016$1,400 $99,233 +5.9%
    2015$1,400 $93,667 +6.3%
    2014$1,400 $88,100
    2013-- $88,100
    2012-- $88,100 -24.5%
    2011-- $116,680
    2010-- $116,680
    2009-- $116,680 -19.9%
    2008-- $145,650 +20.5%
    2007-- $120,900 +25.7%
    2006-- $96,150 +34.7%
    2005-- $71,400 +18.5%
    2004-- $60,266 +22.7%
    2003-- $49,133 +29.3%
    2002-- $38,000
    2001-- $38,000
    Find assessor info on the county website

    Neighborhood: Boardwalk/Inlet

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ocean City
    • Middle: Berlin Intermediate School
    • High: Stephen Decatur
    • 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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