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Sold for $425,000
    • $425,000

    3801 Atlantic Ave Unit 308, Ocean City, MD 21842

    1beds
    660sqft
    Condominium
    Built in 1982
    -- sqft lot
    $405,800 Zestimate®
    $644/sqft
    $1,708 Estimated rent

    Home value

    $405,800

    $381,000 - $434,000

    $1,708/mo

    Zestimate® history
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    What's special

    Make the numbers work for you on this incredible investment opportunity with gross rental income of: $56k in 2018, $59k in 2019, $60k in 2020, $78k in 2021, $86k in 2022, and $76k in 2023. Most reviewed AirBnB in Ocean City with 700 reviews and 4.91 average rating. Come find your serenity by the sea in this modern 1 bedroom 1.5 bathroom direct oceanfront condo located in midtown Ocean City, only steps from the beach! Upon entering the unit you will be greeted with natural light reflecting off the ocean and beach into the living room. Kitchen features stainless steel appliances and a custom made butcher block counter. Upgraded LVP flooring throughout the home for easy beach maintenance. The full bathroom includes a shower/tub combo and custom cabinetry. New individual dimmable sconces in the bedroom were a recent addition. In 2023, the slider door was upgraded and replaced. LOW condo fees at only $239 per month & turn key ready - this unit will not last long! Great opportunity for an investment opportunity or your new home at the beach! Seller willing to continue management, ask agent for details.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Wilson 443-235-8382,

    Coastal Life Realty Group LLC

    Bought with:

    James Wilson, 533864

    Coastal Life Realty Group LLC

    Source: Bright MLS,MLS#: MDWO2019170MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Oven, Dishwasher, Refrigerator, Washer, Dryer, Electric Water Heater
    • Laundry: In Unit
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 660
    • Total interior livable area: 660 sqft
    • Finished area above ground: 660
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Assigned, Off Street, Parking Lot
    • Details: Assigned Parking, Assigned Space #: 308
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony
    • Pool features: None
    • On waterfront: Yes
    • Waterfront features: Sandy Beach, Public Access, Beach Access, Ocean
    • Frontage length: Water Frontage Ft: 100
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410222419
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Coastal
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Other
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $719 quarterly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Other
    • Services included: Common Area Maintenance, Maintenance Structure
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $644/sqft
    • Tax assessed value: $240,900
    • Annual tax amount: $3,396
    • Date on market: 3/4/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Exclusions: Stool Near The Vanity In The Bedroom, Flower Vases, Artwork & Wall Hangings (including Large Mirror).
    • Ownership: Condominium
    • Total actual rent: 76446

    Price history

    DateEventPrice
    3/25/2024Sold$425,000$644/sqft
    Source: Bright MLS #MDWO2019170 Report a problem
    3/4/2024Pending sale$425,000$644/sqft
    Source: Bright MLS #MDWO2019170 Report a problem
    3/4/2024Contingent$425,000$644/sqft
    Source: Bright MLS #MDWO2019170 Report a problem
    3/4/2024Listed for sale$425,000+103.3%$644/sqft
    Source: Bright MLS #MDWO2019170 Report a problem
    5/10/2017Sold$209,000-2.8%$317/sqft
    Source: Public Record Report a problem
    2/15/2017Price change$215,000-2.3%$326/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-64th #501681 Report a problem
    11/10/2016Price change$220,000-2.2%$333/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-104th #501681 Report a problem
    1/30/2016Listed for sale$225,000-6.3%$341/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-104th #501681 Report a problem
    10/23/2015Listing removed$240,000$364/sqft
    Source: Berkshire Hathaway HomeService #499244 Report a problem
    8/21/2015Listed for sale$240,000-4%$364/sqft
    Source: Berkshire Hathaway HomeServices PenFed Realty - WOC #499244 Report a problem
    5/18/2015Listing removed$250,000$379/sqft
    Source: LONG AND FOSTER - OC #492140 Report a problem
    8/8/2014Listed for sale$250,000$379/sqft
    Source: Stanley G Zaremba #492140 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,113 +8.6%$300,300 +11%
    2024$3,787 +11.5%$270,600 +12.3%
    2023$3,396 $240,900
    2022$3,396 -0.2%$240,900
    2021$3,404 $240,900
    2020$3,404 +0.9%$240,900
    2019$3,373 +2.3%$240,900 +3.2%
    2018$3,297 +1.7%$233,367 +1.6%
    2017$3,242 +46.2%$229,600 +12.7%
    2016$2,218 $203,667 +14.6%
    2015$2,218 $177,733 +17.1%
    2014$2,218 $151,800
    2013-- $151,800
    2012-- $151,800 -17.9%
    2011-- $184,800
    2010-- $184,800
    2009-- $184,800 -44.8%
    2008-- $334,620 +20.3%
    2007-- $278,080 +25.5%
    2006-- $221,540 +34.3%
    2005-- $165,000 +18.7%
    2004-- $139,000 +23%
    2003-- $113,000 +29.9%
    2002-- $87,000 +3.6%
    2001-- $84,000
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby homes

    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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