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Off market
  • $515,100

    511 Washington Ln, Ocean City, MD 21842

    5beds
    1,728sqft
    Detached
    Built in 1935
    1,359 Square Feet Lot
    $515,100 Zestimate®
    $298/sqft
    $2,931 Estimated rent

    Home value

    $515,100

    $474,000 - $561,000

    $2,931/mo

    Zestimate® history
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    $2,931/mo

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    $2,931/mo

    Rent Zestimate®

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    $3,085/mo

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    $3,085/mo

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    What's special

    Seasonal Summer Rental Income was $19,000 in 2018 here at "The Sunset House", a Classic Beach Cottage with tons of Charm located in Downtown Ocean City. Very close proximity to the Famous Ocean City Boardwalk and White Sand beach. Featuring Two apartments. Upstairs is a 3 Bedroom, 1 bath apartment with a spacious Kitchen and Living room and a covered porch to take in the Ocean Air. Downstairs is a 2 Bedroom 1 Bathroom apartment and an Additional Storage area spacious enough for all the Beach Stuff, Bikes, carts, and Plenty more. Home comes with 1 off street parking space.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat pump
    Cooling
    • Central
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,728 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other
    Lot
    • Size: 1,359 Square Feet
    Details
    • Parcel number: 10032482
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage, Coastal
    • Property subtype: Detached
    Condition
    • Year built: 1935

    Community & HOA

    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $298/sqft
    • Tax assessed value: $364,800
    • Annual tax amount: $4,996
    • Total actual rent: 19000

    Price history

    DateEventPrice
    12/19/2019Sold$350,000-12.3%$203/sqft
    Source: Public Record Report a problem
    11/18/2019Listed for sale$399,000+115.7%$231/sqft
    Source: Keller Williams Realty Delmarva #MDWO105392 Report a problem
    3/31/2009Sold$185,000$107/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,996 +5.5%$364,800 +7.8%
    2024$4,738 +14.4%$338,500 +15.2%
    2023$4,141 +17.9%$293,800 -13.2%
    2022$3,511 +21.6%$338,500 +65.6%
    2021$2,888 +3.5%$204,400 +3.5%
    2020$2,791 +2.9%$197,567 -3.3%
    2019$2,713 +4.4%$204,400 +11.1%
    2018$2,598 +6.7%$183,900 +6.6%
    2017$2,435 +11.6%$172,467 +7.1%
    2016$2,183 $161,033 +7.6%
    2015$2,183 $149,600
    2014$2,183 $149,600
    2013-- $149,600 -17.8%
    2012-- $181,900
    2011-- $181,900
    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.

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    Sell for more on Zillow
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    $515,100
    2% more
    +$10,302
    With Zillow Showcase(estimated)
    $525,402