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Sold for $550,000
  • $550,000

    5405 Coastal Hwy #20301, Ocean City, MD 21842

    3beds
    1,700sqft
    Condo
    Built in 2002
    -- sqft lot
    $621,200 Zestimate®
    $324/sqft
    $2,699 Estimated rent

    Home value

    $621,200

    $584,000 - $665,000

    $2,699/mo

    Zestimate® history
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    $3,546/mo

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    $3,546/mo

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    What's special

    Incredible, fully furnished, 3 bedroom condo in sought after Sunset Bay! Premium location in the complex overlooking the bay! You'll love the layout and design which offer breathtaking views of the amazing bay sunset from the primary bedroom, living room, kitchen, and balcony! Other features include the large kitchen breakfast bar, great owners suite with balcony access & luxury bath , gas fireplace (needs to be connected), and newer trendy flooring! Completely turn key with newer furniture and furnishings! Great location along Coastal Hwy just seconds to the beach! Located in one of Ocean City's most popular spots with a short walk to great restaurants, shops, and other fantastic attractions! Terrific condo amenities include an outdoor pool, hot tub, fitness center, pier/dock, kayak storage, elevator, & more! Extra parking in addition to the assigned space! Terrific rental with 3BR/2FB units being highly sought after and harder to find! Owners rent it out randomly to friends, relatives, through Airbnb, and others.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Heat pump
    Cooling
    • Central
    Features
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,700 sqft

    Property

    Features
    • Exterior features: Cement / Concrete
    • On waterfront: Yes
    Details
    • Parcel number: 10397510

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Concrete Block
    Condition
    • Year built: 2002

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $174 monthly
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $324/sqft
    • Tax assessed value: $433,500
    • Annual tax amount: $5,937

    Price history

    DateEventPrice
    8/29/2023Sold$550,000-7.6%$324/sqft
    Source: Public Record Report a problem
    6/16/2023Listed for sale$595,000+48.8%$350/sqft
    Source: Long & Foster Broker Feed #MDWO2014606 Report a problem
    8/20/2021Sold$400,000+9.6%$235/sqft
    Source: Public Record Report a problem
    9/12/2002Sold$364,900$215/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,937 +10.9%$433,500 +13.3%
    2024$5,353 +14.6%$382,500 +15.4%
    2023$4,673 $331,500
    2022$4,673 -0.2%$331,500
    2021$4,684 -10.6%$331,500 -10.6%
    2020$5,236 -0.7%$370,600
    2019$5,272 +0.7%$370,600
    2018$5,235 +0%$370,600
    2017$5,233 +10.6%$370,600 +5.3%
    2016$4,733 $351,900 +5.6%
    2015$4,733 $333,200 +5.9%
    2014$4,733 $314,500
    2013-- $314,500
    2012-- $314,500 -20.3%
    2011-- $394,400
    2010-- $394,400
    2009-- $394,400 -20%
    2008-- $493,000 +10.1%
    2007-- $447,666 +11.3%
    2006-- $402,333 +12.7%
    2005-- $357,000 +3.1%
    2004-- $346,332 +3.2%
    2003-- $335,666
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $621,200
    2% more
    +$12,424
    With Zillow Showcase(estimated)
    $633,624