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Sold for $399,900
  • $399,900

    509 Penguin Dr #304, Ocean City, MD 21842

    2beds
    1,080sqft
    Condominium
    Built in 1973
    -- sqft lot
    $402,700 Zestimate®
    $370/sqft
    $2,530 Estimated rent

    Home value

    $402,700

    $379,000 - $431,000

    $2,530/mo

    Zestimate® history
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    What's special

    Private dockBoat slipsWater viewsLarge private balconyNatural lightShared storageOutdoor pool
    Have you been looking for your perfect beach escape? A place ready to move in and enjoy immediately? You've found it here at Sandy Lane Estates! Located off 32nd St on the bay, this location is ideal - providing quick access to the beach, a short trip to the boardwalk and a quiet street tucked away from Coastal Hwy. This two bedroom, two bath unit comes fully furnished and equipped. It has not been used as a rental by the two previous owners and has been meticulously maintained and updated. Enter to find a large, open kitchen, dining and living space with LVP flooring. The kitchen features new appliances, upgraded countertops and tile backsplash. The living space has an abundance of natural light from the sliders that lead out to a large private balcony, a perfect place to enjoy breathtaking sunsets. Both bedrooms are spacious, with the master having access to the deck and water views from the comfort of your king size bed. Both bathrooms, including the private master bath, have been recently upgraded. With almost everything upgraded or new since current owners purchased in 2018, this special unit is completely turn-key and ready for you to enjoy! Sandy Lane estates has an outdoor pool, tennis courts and a private dock. With shared storage next to the pool and a storage locker right outside the front door, there's plenty of space for all your beach toys! Boat slips may become available to residents or be able to be purchased in the future! Do not miss your chance to enjoy summertime in Ocean City! Schedule a showing before it's gone!

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah Rosenblit 410-430-2036,

    Coldwell Banker Realty,

    Co-Listing Agent: Maryellen Rosenblit 410-430-9522,

    Coldwell Banker Realty

    Bought with:

    Kristen Gebhart, RS-0037236

    Northrop Realty

    Source: Bright MLS,MLS#: MDWO2019602MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Oven/Range - Electric, Refrigerator, Cooktop, Washer, Electric Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, In Unit
    Features
    • Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Primary Bedroom - Bay Front, Upgraded Countertops, Wainscotting
    • Flooring: Carpet
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,080
    • Total interior livable area: 1,080 sqft
    • Finished area above ground: 1,080
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Parking Lot, Off Street
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Pool features: Community
    • Waterfront features: Canal
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410063094
    • 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
    Condition
    • Excellent
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Water Available, Sewer Available

    Community & HOA

    Community
    • Features: Pool
    • Security: Smoke Detector(s)
    • Condo and coop fee: $395 monthly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Pier/Dock, Pool, Tennis Court(s), Storage
    • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Maintenance Grounds, Management, Pier/Dock Maintenance, Pool(s)
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $370/sqft
    • Tax assessed value: $216,000
    • Annual tax amount: $3,045
    • Date on market: 3/21/2024
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional
    • Inclusions: Fully Furnished
    • Exclusions: Personal Items, Staging Items
    • Ownership: Condominium

    Price history

    DateEventPrice
    4/26/2024Sold$399,900$370/sqft
    Source: Bright MLS #MDWO2019602 Report a problem
    4/9/2024Pending sale$399,900$370/sqft
    Source: Bright MLS #MDWO2019602 Report a problem
    3/25/2024Contingent$399,900$370/sqft
    Source: Bright MLS #MDWO2019602 Report a problem
    3/21/2024Listed for sale$399,900+49.8%$370/sqft
    Source: Bright MLS #MDWO2019602 Report a problem
    2/6/2019Sold$267,000+40.5%$247/sqft
    Source: Public Record Report a problem
    1/3/2014Sold$190,000-11.6%$176/sqft
    Source: Public Record Report a problem
    9/23/2013Price change$215,000-2.3%$199/sqft
    Source: Realty Mark Premier #478879 Report a problem
    6/22/2013Price change$220,000-2.2%$204/sqft
    Source: Realty Mark Premier #478879 Report a problem
    2/22/2013Price change$225,000-2.2%$208/sqft
    Source: Realty Mark Premier #478879 Report a problem
    6/20/2012Listed for sale$230,000-19.3%$213/sqft
    Source: Realty Mark Premier #478879 Report a problem
    9/28/2011Listing removed$284,900$264/sqft
    Source: Keller Williams Team Realty #WO7439150 Report a problem
    1/29/2011Price change$284,900-1.8%$264/sqft
    Source: Keller Williams Team Realty #WO7439150 Report a problem
    9/18/2010Listed for sale$290,000+2.5%$269/sqft
    Source: Keller Williams Team Realty #WO7439150 Report a problem
    11/1/2004Sold$282,900+272.2%$262/sqft
    Source: Public Record Report a problem
    11/24/1998Sold$76,000$70/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,994 +12.4%$291,600 +14.9%
    2024$3,552 +16.7%$253,800 +17.5%
    2023$3,045 $216,000
    2022$3,045 -0.2%$216,000
    2021$3,052 $216,000
    2020$3,052 +5.1%$216,000
    2019$2,904 +6.9%$216,000 +12.4%
    2018$2,715 +6.6%$192,200 +6.6%
    2017$2,546 -5.6%$180,300
    2016$2,696 $180,300
    2015$2,696 $180,300 -7.3%
    2014$2,696 $194,400
    2013-- $194,400
    2012-- $194,400 -13.5%
    2011-- $224,640
    2010-- $224,640
    2009-- $224,640 -20%
    2008-- $280,800 +19.1%
    2007-- $235,800 +23.6%
    2006-- $190,800 +30.9%
    2005-- $145,800 +20%
    2004-- $121,532 +24.9%
    2003-- $97,266 +33.2%
    2002-- $73,000
    2001-- $73,000
    Find assessor info on the county website

    Neighborhood: Midtown

    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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    $402,700
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    $410,754