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Sold for $375,000
  • $375,000

    2813 Tern Dr Unit 106, Ocean City, MD 21842

    2beds
    878sqft
    Condominium
    Built in 1983
    -- sqft lot
    $365,500 Zestimate®
    $427/sqft
    $2,240 Estimated rent

    Home value

    $365,500

    $344,000 - $387,000

    $2,240/mo

    Zestimate® history
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    What's special

    New center islandNew water heaterNew vinyl railingsDigital locksNew kitchenNew kitchen cabinetsPlenty of parking
    Price adjustment on this amazing two bedroom two bath waterfront condo with a boat slip right outside the waterfront balcony which is only two steps off of the bulkhead!. Located on navigable water and a boat slip right outside your door that has electric already installed ! Two bedrooms and two bathrooms and over 850 square feet with loads of natural light and has been literally improved from the ground up. Many upgrades starting with a new HVAC in 8/2022, New high end washer and dryer, new water heater in 5/2022, new kitchen in 2022 with new stove and dishwasher and granite countertops, a new center island with cabinets, and new kitchen cabinets. Lots and lots of cabinet space. The crawl space underneath the condo has been encapsulated, the sub floor has been replaced and new LPV flooring throughout the entire condo has been installed. New front door with digital locks. You will be hard pressed to find a condo upgraded as much as this one has been upgraded. Reserve study has been completed and is reflected in the condo dues. The building has gone through a major redo in 2016 with new vinyl railings, new steps, new decking on front and rear decks proving building has been well maintained and had a positive influence on the reserve study. Two assigned parking spaces one of which is right outside your front door and plenty of parking on the street as well. First floor location allows for easy access to the boat dock and the bulkhead, no need to walk around the building to access your boat slip. Conveniently located within walking distance to the boardwalk and many of Ocean City's' iconic restaurants. You will have a hard time finding a condo with all that this one has to offer in this price point. Buyers and their agent and contractors to independently verify any data, specifications, square footage, utility info or other content of this listing. Although the agent has made their best effort to gather reliable information, the listing agent has not independently verified all of the contents of this listing. .

    Zillow last checked:

    Listing updated:

    Listed by:

    James Bacco 443-614-4833,

    Keller Williams Realty Delmarva

    Bought with:

    Neda Howell, 520592

    Long & Foster Real Estate, Inc.

    Source: Bright MLS,MLS#: MDWO2019140MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Cooktop, Electric Water Heater
    • Laundry: Hookup, In Unit
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 878
    • Total interior livable area: 878 sqft
    • Finished area above ground: 878
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Street, Parking Lot
    Accessibility
    • Accessibility features: Other
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • On waterfront: Yes
    • Waterfront features: Canal
    • Frontage length: Water Frontage Ft: 10
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410232643
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Frame
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $1,200 quarterly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Pier/Dock, Reserved/Assigned Parking
    • Services included: Common Area Maintenance
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $427/sqft
    • Tax assessed value: $166,800
    • Annual tax amount: $2,351
    • Date on market: 2/20/2024
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Condominium

    Price history

    DateEventPrice
    5/24/2024Sold$375,000$427/sqft
    Source: Bright MLS #MDWO2019140 Report a problem
    4/26/2024Contingent$375,000$427/sqft
    Source: Bright MLS #MDWO2019140 Report a problem
    4/25/2024Price change$375,000-3.6%$427/sqft
    Source: Bright MLS #MDWO2019140 Report a problem
    3/22/2024Price change$389,000-2.5%$443/sqft
    Source: Bright MLS #MDWO2019140 Report a problem
    3/4/2024Price change$399,000-4.8%$454/sqft
    Source: Bright MLS #MDWO2019140 Report a problem
    2/20/2024Listed for sale$419,000+52.4%$477/sqft
    Source: Bright MLS #MDWO2019140 Report a problem
    2/3/2022Sold$275,000$313/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,046 +11.8%$222,400 +14.3%
    2024$2,724 +15.8%$194,600 +16.7%
    2023$2,351 +2.7%$166,800
    2022$2,289 +2.5%$166,800 +5.6%
    2021$2,232 +2.9%$158,000 +2.9%
    2020$2,170 +1.6%$153,600
    2019$2,135 +3.1%$153,600 +4.8%
    2018$2,071 +2.5%$146,600 +2.4%
    2017$2,021 -8.2%$143,100
    2016$2,202 $143,100
    2015$2,202 $143,100 -8.9%
    2014$2,202 $157,100
    2013-- $157,100
    2012-- $157,100 -14.4%
    2011-- $183,500
    2010-- $183,500
    2009-- $183,500 -19.9%
    2008-- $229,150 +20.1%
    2007-- $190,812 +21%
    2006-- $157,746 +38.2%
    2005-- $114,140 +14%
    2004-- $100,092 +16.3%
    2003-- $86,046 +19.5%
    2002-- $72,000 +0.9%
    2001-- $71,332
    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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