Sold for $260,000

$260,000

3701 Coastal Hwy #338H3, Ocean City, MD 21842

1beds

616sqft

Condominium

Built in 1983

-- sqft lot

$256,000 Zestimate^®

$422/sqft

$1,584 Estimated rent

Home value

$256,000

$241,000 - $274,000

$1,584/mo

Zestimate^® history

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$1,594/mo

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$1,594/mo

Est. payment

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What's special

Beach areaDesirable bayfront communityAmazing bay views

Beautiful newly renovated 1-bedroom 1-bath unit in the desirable bayfront community. Tastefully decorated and welcoming. Enjoy amazing bay views from your patio or soaking in the sun at the pool. Small beach area offering Kayak storage. Assigned parking. Close to community docks, boat launch, dining, beach and famous boardwalk. This condo offers a great "beach home" or "investment property". (Seller used as an Airbnb when not personally using, last year revenue $23,000).

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: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Laundry: In Unit

Features

Bathroom - Tub Shower
Windows: Window Treatments
Has basement: No
Has fireplace: No

Interior area

Total structure area: 616
Total interior livable area: 616 sqft
Finished area above ground: 616
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Parking Lot

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Pool features: Community

Details

Additional structures: Above Grade, Below Grade
Parcel number: 2410245974
Zoning: R-3
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Stick Built

Condition

New construction: No
Year built: 1983

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Condo and coop fee: $375 monthly
Subdivision: None Available

HOA

Has HOA: No
Amenities included: Boat Dock/Slip, Boat Ramp, Common Grounds, Fencing, Pier/Dock, Pool, Reserved/Assigned Parking
Services included: Common Area Maintenance, Maintenance Structure, Insurance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Snow Removal, Trash

Location

Region: Ocean City
Municipality: Ocean City

Financial & listing details

Price per square foot: $422/sqft
Tax assessed value: $139,767
Annual tax amount: $1,956
Date on market: 10/21/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Inclusions: Furnished
Ownership: Condominium

Price history

Date	Event	Price
11/29/2024	Sold	$260,000-1.9%$422/sqft
Source: Bright MLS #MDWO2026442 Report a problem
11/1/2024	Contingent	$265,000$430/sqft
Source: Bright MLS #MDWO2026442 Report a problem
10/22/2024	Listed for sale	$265,000+15.2%$430/sqft
Source: Bright MLS #MDWO2026442 Report a problem
6/13/2022	Sold	$230,000-8%$373/sqft
Source: Bright MLS #MDWO2007538 Report a problem
5/17/2022	Pending sale	$250,000$406/sqft
Source: Bright MLS #MDWO2007538 Report a problem
5/5/2022	Listed for sale	$250,000+284.6%$406/sqft
Source: Bright MLS #MDWO2007538 Report a problem
1/16/2001	Sold	$65,000$106/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,201 +12.5%	$160,733 +15%
2024	$1,956 +16.8%	$139,767 +17.6%
2023	$1,675	$118,800
2022	$1,675 -0.2%	$118,800
2021	$1,679	$118,800
2020	$1,679 -0.7%	$118,800
2019	$1,690 +0.7%	$118,800
2018	$1,678 -1%	$118,800 -1.1%
2017	$1,696 -4.4%	$120,100 +1.2%
2016	$1,774	$118,667 +1.2%
2015	$1,774	$117,233 +1.2%
2014	$1,774	$115,800
2013	--	$115,800
2012	--	$115,800 -21.7%
2011	--	$147,840
2010	--	$147,840
2009	--	$147,840 -19.7%
2008	--	$184,180 +10.3%
2007	--	$166,932 +11.5%
2006	--	$149,686 +13%
2005	--	$132,440 +26.2%
2004	--	$104,960 +35.5%
2003	--	$77,480 +55%
2002	--	$50,000 +2%
2001	--	$49,000