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  • $486,900

    501 Penguin Dr #30A04, Ocean City, MD 21842

    3beds
    2baths
    1,190sqft
    Condo
    Built in 1983
    -- sqft lot
    $486,900 Zestimate®
    $409/sqft
    $2,486 Estimated rent

    Home value

    $486,900

    $448,000 - $531,000

    $2,486/mo

    Zestimate® history
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    $2,486/mo

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    $3,206/mo

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    $3,206/mo

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    What's special

    3 bed/2.5 bath end unit townhouse with deeded dock and outdoor pool**extra windows makes this unit bright**building has new vinyl, windows, and sliders**three decks**assigned parking**short boat ride to the inlet for fishing fun**a great place for family memories.

    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: 2.5
    Heating
    • Heat pump
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,190 sqft

    Property

    Details
    • Parcel number: 10242622

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1983

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $245 monthly
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $409/sqft
    • Tax assessed value: $338,733
    • Annual tax amount: $4,639

    Price history

    DateEventPrice
    6/24/2009Listing removed$314,500$264/sqft
    Source: NCI #454979 Report a problem
    4/17/2009Listed for sale$314,500-12.4%$264/sqft
    Source: NCI #454979 Report a problem
    3/14/2009Listing removed$359,000$302/sqft
    Source: NCI #451889 Report a problem
    1/27/2009Listed for sale$359,000+19.7%$302/sqft
    Source: NCI #451889 Report a problem
    11/1/2007Sold$300,000+5.8%$252/sqft
    Source: Public Record Report a problem
    4/29/2003Sold$283,500$238/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,639 +11.5%$338,733 +13.9%
    2024$4,162 +15.3%$297,367 +16.2%
    2023$3,609 $256,000
    2022$3,609 -0.2%$256,000
    2021$3,617 $256,000
    2020$3,617 +1.4%$256,000
    2019$3,567 +2.9%$256,000 +4.3%
    2018$3,468 +2.2%$245,533 +2.2%
    2017$3,393 +4.2%$240,300 +2.2%
    2016$3,256 $235,100 +2.3%
    2015$3,256 $229,900 +2.3%
    2014$3,256 $224,700
    2013-- $224,700
    2012-- $224,700 -17.2%
    2011-- $271,320
    2010-- $271,320
    2009-- $271,320 -15.2%
    2008-- $320,110 +16.8%
    2007-- $274,096 +14.8%
    2006-- $238,793 +31.2%
    2005-- $182,070 +19.5%
    2004-- $152,380 +24.2%
    2003-- $122,690 +31.9%
    2002-- $93,000 +1.8%
    2001-- $91,332
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
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    $486,900
    2% more
    +$9,738
    With Zillow Showcase(estimated)
    $496,638