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Sold for $580,000
  • $580,000

    5201 Atlantic Ave Unit 304, Ocean City, MD 21842

    2beds
    1,096sqft
    Condominium
    Built in 1980
    -- sqft lot
    $659,000 Zestimate®
    $529/sqft
    $2,175 Estimated rent

    Home value

    $659,000

    $606,000 - $718,000

    $2,175/mo

    Zestimate® history
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    What's special

    Immerse yourself in the serenity of this ocean front 2 bedroom / 2 bathroom condo, boasting a spacious layout and a private balcony where you can savor your morning coffee while basking in the breathtaking sunrises of Ocean City. Revel in the views of the Atlantic Ocean that inspire awe with every glance. This condo offers a spacious layout with an ocean front bedroom to take in the beauty of the Atlantic Ocean. A separate laundry room is offers space for your beach toys also. The updated kitchen was renovated in 2020, the sliders were replaced in 2017, and hot water heater in 2018. The hurricane shutters were replaced in 2021 to ensure peace of mind during storm season. Just a short stroll to area shopping, restaurants including the famous "Seacrets" and Dumser's home made ice cream perfect for leisurely days by the sea. The perfect 2nd home or beach investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Leslie Smith 410-251-8688,

    Sheppard Realty Inc

    Bought with:

    Jessica Lynch, 652307

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: MDWO2020024MLS 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
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliance(s), Washer, Dryer, Electric Water Heater
    • Laundry: Washer In Unit, Dryer In Unit, In Unit
    Features
    • Combination Dining/Living, Combination Kitchen/Dining, Primary Bedroom - Ocean Front
    • Flooring: Laminate, Ceramic Tile, Vinyl, Other, Carpet
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,096
    • Total interior livable area: 1,096 sqft
    • Finished area above ground: 1,096
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Paved, Parking Lot, Off Street
    • Details: Assigned Parking, Assigned Space #: 304
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Outdoor Shower, Balcony
    • Pool features: None
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Oceanfront
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410204518
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete
    Condition
    • Very Good
    • New construction: No
    • Year built: 1980

    Utilities & green energy

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

    Community & HOA

    Community
    • Condo and coop fee: $1,012 quarterly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Elevator(s)
    • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Reserve Funds
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $529/sqft
    • Tax assessed value: $360,500
    • Annual tax amount: $5,082
    • Date on market: 4/6/2024
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    7/11/2024Sold$580,000-2.5%$529/sqft
    Source: Bright MLS #MDWO2020024 Report a problem
    5/21/2024Contingent$595,000$543/sqft
    Source: Bright MLS #MDWO2020024 Report a problem
    5/2/2024Price change$595,000-2.3%$543/sqft
    Source: Bright MLS #MDWO2020024 Report a problem
    4/22/2024Price change$609,000+0.7%$556/sqft
    Source: Bright MLS #MDWO2020024 Report a problem
    4/18/2024Price change$604,900-1.6%$552/sqft
    Source: Bright MLS #MDWO2020024 Report a problem
    4/6/2024Listed for sale$614,900$561/sqft
    Source: Bright MLS #MDWO2020024 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,619 +12.1%$483,300 +14.6%
    2024$5,905 +16.2%$421,900 +17%
    2023$5,082 $360,500
    2022$5,082 -0.2%$360,500
    2021$5,094 $360,500
    2020$5,094 -0.7%$360,500
    2019$5,128 +0.7%$360,500
    2018$5,092 -3.8%$360,500 -3.8%
    2017$5,292 +7.6%$374,800 +8.1%
    2016$4,919 $346,667 +8.8%
    2015$4,919 $318,533 +9.7%
    2014$4,919 $290,400
    2013-- $290,400
    2012-- $290,400 -29.2%
    2011-- $409,900
    2010-- $409,900
    2009-- $409,900 -20.1%
    2008-- $512,920 +19.4%
    2007-- $429,626 +24%
    2006-- $346,333 +31.7%
    2005-- $263,040 +18%
    2004-- $222,860 +22%
    2003-- $182,680 +28.2%
    2002-- $142,500 +2%
    2001-- $139,666
    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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    $672,180