**FIRST OPEN HOUSE: SUN (9/24) 12-2PM** Welcome to coastal living at its finest! This delightful 2- bedroom condo, 1.5 bathroom condo in Gullway Villas offers the perfect blend of comfort and convenience, just moments away from the sun-soaked shores of Ocean City. Whether you are seeking a vacation retreat, a year-round oasis, or a very solid investment property, this condo has it all! This bright and open 840 sq ft condo is flooded with natural light that creates a warm and inviting atmosphere. The living room is spacious and ideal for entertaining with a powder room, access to your PRIVATE PATIO, and space to have a pull out sofa to expand your guest space. Off the living room is a separate area for dining and full kitchen with a dishwasher, microwave, stove, and refrigerator. There are two generous bedrooms that provide a peaceful retreat after a day in the sun and a full bathroom. An in-unit washer & dryer is ideal for both pool and beach days too. The unit has a private patio that overlooks the in-ground community pool - have a pool in your backyard without the maintenance! One on-site parking pass included which is a MUST during peak beach season. This unit has a strong history of rental income, generating $26K in the summer rental months between Memorial Day and Labor Day. Unit is being sold mostly furnished, so start earning rental income right after settlement! Conveniently located near 28th Street in Ocean City, you're minutes to the beach, OC Boardwalk, and a plethora of restaurants, shops, entertainment, mini golf, and all the amenities both vacationers and full-time residents love!
Sold for $324,900
$324,900
419 Lark Ln #5101, Ocean City, MD 21842
2beds
840sqft
Condominium
Built in 1973
-- sqft lot
$317,700 Zestimate®
$387/sqft
$2,103 Estimated rent
Home value
$317,700
$299,000 - $340,000
$2,103/mo
Zestimate® history
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List your homeWhat's special
Private patioNatural lightYear-round oasisVacation retreatMini golfFull kitchenPowder room
Zillow last checked:
Listing updated:
Listed by:
Debbie Zyskowski 610-357-0610,
Keller Williams Realty
Bought with:
Margaret Connors, 635107
Berkshire Hathaway HomeServices PenFed Realty
Source: Bright MLS,MLS#: MDWO2016460
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Dryer, Oven/Range - Electric, Washer, Refrigerator, Electric Water Heater
- Laundry: Dryer In Unit, Washer In Unit, In Unit
Features
- Dry Wall
- Flooring: Laminate, Carpet, Vinyl
- Doors: Sliding Glass
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: No One Below
Interior area
- Total structure area: 840
- Total interior livable area: 840 sqft
- Finished area above ground: 840
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Lighted, Off Street, Parking Lot
Accessibility
- Accessibility features: Accessible Doors
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Sidewalks, Street Lights
- Pool features: Community
- Has view: Yes
- View description: Other, Courtyard
- Waterfront features: Bayside
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410055792
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Coastal
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Frame, Stick Built, Vinyl Siding
- Roof: Asphalt
Condition
- Excellent
- New construction: No
- Year built: 1973
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Cable, Broadband
Community & HOA
Community
- Features: Pool
- Condo and coop fee: $225 monthly
- Subdivision: Bayshore Estates
HOA
- Has HOA: No
- Amenities included: Pool, Common Grounds
- Services included: Common Area Maintenance, Maintenance Structure, Insurance, Maintenance Grounds, Management, Pool(s), Reserve Funds, Trash
- HOA name: Gullway Villas Condominium
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $387/sqft
- Tax assessed value: $141,100
- Annual tax amount: $1,989
- Date on market: 9/21/2023
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,FHA
- Inclusions: Most Furniture And Kitchen Itmes.
- Exclusions: Dining Table And Chairs.
- Ownership: Condominium
- Total actual rent: 26000
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2023 | Sold | $324,900$387/sqft |
Source:  Bright MLS #MDWO2016460 Report a problem | ||
| 9/25/2023 | Contingent | $324,900$387/sqft |
Source: Bright MLS #MDWO2016460 Report a problem | ||
| 9/21/2023 | Listed for sale | $324,900$387/sqft |
Source: Bright MLS #MDWO2016460 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,175 +21.7% | $231,833 +24.3% |
| 2024 | $2,610 +31.2% | $186,467 +32.2% |
| 2023 | $1,989 | $141,100 |
| 2022 | $1,989 -0.2% | $141,100 |
| 2021 | $1,994 | $141,100 |
| 2020 | $1,994 +3.7% | $141,100 |
| 2019 | $1,923 +5.3% | $141,100 +9.1% |
| 2018 | $1,826 +4.8% | $129,300 +4.8% |
| 2017 | $1,742 -14.8% | $123,400 |
| 2016 | $2,046 | $123,400 |
| 2015 | $2,046 | $123,400 -8.7% |
| 2014 | $2,046 | $135,200 |
| 2013 | -- | $135,200 |
| 2012 | -- | $135,200 -20.7% |
| 2011 | -- | $170,520 |
| 2010 | -- | $170,520 |
| 2009 | -- | $170,520 -20.1% |
| 2008 | -- | $213,360 +18.5% |
| 2007 | -- | $180,040 +22.7% |
| 2006 | -- | $146,720 +29.4% |
| 2005 | -- | $113,400 +21.8% |
| 2004 | -- | $93,100 +27.9% |
| 2003 | -- | $72,800 +38.7% |
| 2002 | -- | $52,500 |
| 2001 | -- | $52,500 |
Find assessor info on the county website
Neighborhood: Boardwalk/Inlet
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Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 1.6 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 6.1 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 6 mi
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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- Maryland
- Worcester County
- Ocean City
- 21842
- Boardwalk/Inlet
- 419 Lark Ln Unit 5101
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