Skip main navigation
Off market
  • $663,300

    501 Bayshore Dr Unit 2, Ocean City, MD 21842

    3beds
    1,840sqft
    Townhouse
    Built in 1967
    1,781 Square Feet Lot
    $663,300 Zestimate®
    $360/sqft
    $2,511 Estimated rent

    Home value

    $663,300

    $597,000 - $743,000

    $2,511/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,511/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,511/mo

    Rent Zestimate®

    Refinance and save

    $3,973/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,973/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Direct Bay Front 2-level living, NO Condo Fee, land included with a yard for outdoor enjoyment and entertaining with direct access to your boat slip with lift, grilling your catch of the day. After 2 diligent months of refreshing and updating this Townhouse is ready-to-sell. More protected Southern exposure with deep water to nearby Thorfare, the popular local fishing spot for flounder. Updated equipped Kitchen with granite countertops/island, 1st floor interior painted, 2nd floor new carpet installed, added furnishings, added decor accessories, a long list of improvements to make this property even more desirable. 2 entry porch storage closets, walk-in utility room with laundry, staircase reconfigured. Note: no AC on 1st floor (consider ductless system), 2nd floor North 3rd Bedroom is a walk-thru with balcony access, added barn doors for privacy; design provided for future alteration hallway. Vinyl bulkhead permit dated 2007, 16' width X 10' dock, 33' channel wide. Urethane roofing permit dated 1987. City recently updated Bay Shore Drive with sidewalks, paver driveway entries and lighting. Short distance to the Beach, Boardwalk and Fun. Real Estate Taxes @ $402/month. Pre-Inspected + 1-year enhanced Home Warranty. For reference, a recent 09/19 Sale of similar Townhouse 1 block away sold @ $485,000. Sizzling Sunsets, cooling cross-breezes, relaxing, it's time to take a new look at this water front opportunity.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Electric
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Kitchen Island, Exposed Beams, Open Floorplan, Formal/Separate Dining Room, Upgraded Countertops, Master Bedroom - Bay Front
    • Flooring: Carpet, Hardwood
    • Windows: Skylight(s), Window Treatments
    • Basement: Y
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,840 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1,781 Square Feet
    Details
    • Parcel number: 10057752
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Coastal
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1967

    Community & HOA

    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $360/sqft
    • Tax assessed value: $436,367
    • Annual tax amount: $5,976
    • Inclusions: Private, Pier (Perpendicular), Material - Treated Lumber, Single Slip, Hoist/Lift Electric

    Price history

    DateEventPrice
    4/9/2020Sold$325,000-7.1%$177/sqft
    Source: Public Record Report a problem
    1/30/2020Price change$350,000-17.6%$190/sqft
    Source: Keller Williams Realty Delmarva #MDWO109670 Report a problem
    11/22/2019Price change$425,000-1.2%$231/sqft
    Source: Keller Williams Realty Delmarva #MDWO109670 Report a problem
    10/15/2019Listed for sale$430,000+7.8%$234/sqft
    Source: Keller Williams Realty Delmarva #MDWO109670 Report a problem
    9/13/2019Listing removed$399,000$217/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-123rd #MDWO106362 Report a problem
    8/3/2019Price change$399,000-9.1%$217/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-123rd #MDWO106362 Report a problem
    7/24/2019Pending sale$439,000$239/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-123rd #MDWO106362 Report a problem
    6/22/2019Price change$439,000-4.4%$239/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-123rd #MDWO106362 Report a problem
    5/21/2019Listed for sale$459,000$249/sqft
    Source: Coldwell Banker Residential-120 #MDWO106362 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,976 +8.6%$436,367 +11%
    2024$5,501 +11.6%$393,033 +12.4%
    2023$4,929 +0.3%$349,700
    2022$4,913 +0.1%$349,700 +0.7%
    2021$4,908 +0.3%$347,367 +0.3%
    2020$4,891 +1.6%$346,200
    2019$4,812 +3.1%$346,200 +4.8%
    2018$4,666 +2.5%$330,333 +2.5%
    2017$4,552 -0.6%$322,400
    2016$4,581 $322,400
    2015$4,581 $322,400 -4.2%
    2014$4,581 $336,700
    2013-- $336,700
    2012-- $336,700 -11.8%
    2011-- $381,780
    2010-- $381,780 -16.1%
    2009-- $455,070 -13.1%
    2008-- $523,960 +20.9%
    2007-- $433,462 +26.4%
    2006-- $342,966 +35.8%
    2005-- $252,470 +22%
    2004-- $206,980 +28.2%
    2003-- $161,490 +39.2%
    2002-- $116,000 +1.8%
    2001-- $114,000
    Find assessor info on the county website

    Neighborhood: Boardwalk/Inlet

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: OCEAN CITY
    • Middle: STEPHEN DECATUR
    • High: STEPHEN DECATUR
    • District: WORCESTER COUNTY PUBLIC SCHOOLS

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $663,300
    2% more
    +$13,266
    With Zillow Showcase(estimated)
    $676,566