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Sold for $250,000
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  • $250,000

    502 Bayshore Dr Unit 37, Ocean City, MD 21842

    2beds
    770sqft
    Condominium
    Built in 1972
    -- sqft lot
    $250,800 Zestimate®
    $325/sqft
    $1,838 Estimated rent

    Home value

    $250,800

    $221,000 - $283,000

    $1,838/mo

    Zestimate® history
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    What's special

    Community poolSpacious semi-private deckFully equipped kitchenBeautifully landscaped groundsWell-appointed bedroomsPristine bathroom
    Welcome to your perfect vacation retreat at the Golden Gate Condominium! This charming 2-bedroom, 1-bathroom property is ideal for those seeking a serene getaway or a fantastic investment opportunity in the heart of Ocean City. Nestled on Bayshore Drive, this condo offers easy access to Ocean City's top attractions. The inviting living area boasts plenty of natural light, creating a warm and welcoming ambiance. Two well-appointed bedrooms provide ample space for family and guests, ensuring comfort and relaxation. The pristine bathroom features modern fixtures and a refreshing color palette. Prepare delicious meals in the fully equipped kitchen, complete with contemporary appliances and ample counter space. Enjoy a refreshing dip in the community pool, perfect for those hot summer days. Additionally, the spacious semi-private deck offers a great spot for relaxation and outdoor dining. Just minutes away, you'll find the thrilling rides of Jolly Roger Amusement Park, the excitement of go-kart racing at Speedworld, and the family fun of Splash Mountain water park. Savor the local cuisine at nearby restaurants, offering a variety of dining options to suit every palate. Spend your days basking in the sun on Ocean City's world-renowned beach or strolling along the vibrant boardwalk, filled with shops, eateries, and entertainment. The Golden Gate condo also offers access to well-maintained community amenities, including a pool area and beautifully landscaped grounds. Take in stunning views of the bay and surrounding area, creating a peaceful and picturesque setting. Ample parking space ensures ease of access for you and your guests. This Golden Gate condo offers a unique blend of comfort, convenience, and coastal charm. Whether you're looking for a personal vacation spot or a rental property, this is an opportunity you won't want to miss. Contact us today to schedule a viewing and make this dream property yours!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Hall 410-726-0912,

    RE/MAX Advantage Realty

    Bought with:

    Bill Burke, 52080

    Burke Real Estate

    Source: Bright MLS,MLS#: MDWO2022288MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Baseboard, Electric
    Cooling
    • Wall Unit(s), Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, In Unit
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 770
    • Total interior livable area: 770 sqft
    • Finished area above ground: 770
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Pool features: Community
    • Waterfront features: Bayblock
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410057590
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stick Built
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $1,400 semi-annually
    • Subdivision: Bayshore Estates
    HOA
    • Has HOA: No
    • Amenities included: Common Grounds, Pool
    • Services included: Common Area Maintenance, Insurance, Maintenance Grounds, Pool(s), Trash, Water
    • HOA name: Golden Gate
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $325/sqft
    • Tax assessed value: $162,667
    • Annual tax amount: $2,277
    • Date on market: 7/24/2024
    • Listing agreement: Exclusive Right To Sell
    • Inclusions: Furnished
    • Exclusions: Personal Items
    • Ownership: Condominium

    Price history

    DateEventPrice
    5/8/2025Sold$250,000$325/sqft
    Source: Bright MLS #MDWO2022288 Report a problem
    4/7/2025Pending sale$250,000$325/sqft
    Source: Bright MLS #MDWO2022288 Report a problem
    4/3/2025Price change$250,000-7.4%$325/sqft
    Source: Bright MLS #MDWO2022288 Report a problem
    2/20/2025Price change$270,000-3.6%$351/sqft
    Source: Bright MLS #MDWO2022288 Report a problem
    1/2/2025Listed for sale$280,000$364/sqft
    Source: Bright MLS #MDWO2022288 Report a problem
    11/9/2024Pending sale$280,000$364/sqft
    Source: Bright MLS #MDWO2022288 Report a problem
    10/15/2024Price change$280,000-3.4%$364/sqft
    Source: Bright MLS #MDWO2022288 Report a problem
    9/27/2024Price change$290,000-3.3%$377/sqft
    Source: Bright MLS #MDWO2022288 Report a problem
    7/24/2024Listed for sale$300,000+16.7%$390/sqft
    Source: Bright MLS #MDWO2022288 Report a problem
    10/7/2022Sold$257,000+2.8%$334/sqft
    Source: Bright MLS #MDWO2009730 Report a problem
    9/11/2022Contingent$250,000$325/sqft
    Source: Bright MLS #MDWO2009730 Report a problem
    9/9/2022Price change$250,000-3.8%$325/sqft
    Source: Bright MLS #MDWO2009730 Report a problem
    8/24/2022Listed for sale$259,900+92.5%$338/sqft
    Source: Bright MLS #MDWO2009730 Report a problem
    7/21/2017Sold$135,000+0.7%$175/sqft
    Source: Public Record Report a problem
    1/1/2015Sold$134,000$174/sqft
    Source: Long & Foster Broker Feed #1000531020_100 Report a problem
    7/31/2012Sold$134,000-4.2%$174/sqft
    Source: Public Record Report a problem
    3/3/2012Listed for sale$139,900-6.4%$182/sqft
    Source: Long and Foster #465943 Report a problem
    11/18/2011Listing removed$149,500$194/sqft
    Source: RealEstateShows.com #465943 Report a problem
    10/5/2011Listed for sale$149,500-11.8%$194/sqft
    Source: RealEstateShows.com #465943 Report a problem
    3/18/2011Listing removed$169,500$220/sqft
    Source: RealEstateShows.com #465943 Report a problem
    7/17/2010Price change$169,500-1.4%$220/sqft
    Source: RealEstateShows.com #465943 Report a problem
    5/20/2010Listed for sale$171,900+156.5%$223/sqft
    Source: Long and Foster #465943 Report a problem
    7/10/2001Sold$67,010$87/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,696 +18.4%$196,833 +21%
    2024$2,277 +25.7%$162,667 +26.6%
    2023$1,811 $128,500
    2022$1,811 -0.2%$128,500
    2021$1,816 $128,500
    2020$1,816 +3.9%$128,500
    2019$1,748 +5.5%$128,500 +9.6%
    2018$1,656 +5.1%$117,233 +5%
    2017$1,576 -18.8%$111,600
    2016$1,940 $111,600
    2015$1,940 $111,600 -14.7%
    2014$1,940 $130,900
    2013-- $130,900
    2012-- $130,900 -19%
    2011-- $161,700
    2010-- $161,700
    2009-- $161,700 -7.9%
    2008-- $175,560 +11%
    2007-- $158,106 +12.4%
    2006-- $140,653 +14.2%
    2005-- $123,200 +21.8%
    2004-- $101,132 +27.9%
    2003-- $79,066 +38.7%
    2002-- $57,000
    2001-- $57,000
    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: 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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