Off market

Zestimate^®

$451,800

501 Penguin Dr #25B04, Ocean City, MD 21842

2beds

1,118sqft

Townhouse

Built in 1983

-- sqft lot

$451,800 Zestimate^®

$404/sqft

$2,393 Estimated rent

Home value

$451,800

$420,000 - $488,000

$2,393/mo

Zestimate^® history

Owner options

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$2,393/mo

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$2,393/mo

Rent Zestimate^®

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$6,107/mo

Est. payment

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$6,107/mo

Est. payment

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What's special

Rare find waterman's dream!!! Front door 2 car parking spots, Deep water slip with 2 Wave Runner lifts and 8k boat lift. Brand new pool with plenty of deck area to relax and enjoy summer time! Interior, newly installed central air/heat pump. Exterior, new siding, new roof, new windows,new front door with storm door. Two bedroom, 2 1/2 Bath, full size kitchen, dining and living room area. Own deck area with new awning, great place to entertain year round. 2 Blocks to beach, shopping and amusement park.

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: 2
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard, Forced air, Heat pump, Other, Electric, Wood / Pellet

Cooling

Central, Other, Wall

Appliances

Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer

Features

Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl, Slate
Basement: None
Has fireplace: Yes

Interior area

Total interior livable area: 1,118 sqft

Property

Parking

Total spaces: 2
Parking features: Off-street, On-street

Features

Exterior features: Shingle, Vinyl
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Details

Parcel number: 10242606

Construction

Type & style

Home type: Townhouse

Materials

Roof: Asphalt

Condition

Year built: 1983

Community & HOA

HOA

Has HOA: Yes
HOA fee: $3,340 monthly

Location

Region: Ocean City

Financial & listing details

Price per square foot: $404/sqft
Tax assessed value: $297,933
Annual tax amount: $4,080

Price history

Date	Event	Price
5/27/2015	Sold	$270,000-1.5%$242/sqft
Source: Public Record Report a problem
10/30/2014	Listed for sale	$274,000+68.2%$245/sqft
Source: David H Herbst #493763 Report a problem
1/3/2002	Sold	$162,900$146/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,080 +14.2%	$297,933 +16.7%
2024	$3,574 +19.2%	$255,367 +20%
2023	$3,000	$212,800
2022	$3,000 -0.2%	$212,800
2021	$3,007	$212,800
2020	$3,007 +0.2%	$212,800
2019	$3,000 +1.6%	$212,800 +1.8%
2018	$2,952 +1%	$209,000 +0.9%
2017	$2,924 -0.1%	$207,100
2016	$2,928	$207,100
2015	$2,928	$207,100
2014	$2,928	$207,100
2013	--	$207,100
2012	--	$207,100 -15.1%
2011	--	$244,020
2010	--	$244,020
2009	--	$244,020 -13.2%
2008	--	$281,260 +16.5%
2007	--	$241,406 +16.9%
2006	--	$206,453 +27.7%
2005	--	$161,700 +16.2%
2004	--	$139,132 +19.4%
2003	--	$116,566 +24%
2002	--	$94,000 +3.7%
2001	--	$90,666