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  • $1,630,100

    615 Penguin Dr #53, Ocean City, MD 21842

    4beds
    3,379sqft
    Townhouse
    Built in 2025
    2,795 Square Feet Lot
    $1,630,100 Zestimate®
    $482/sqft
    $4,284 Estimated rent

    Home value

    $1,630,100

    $1.43M - $1.86M

    $4,284/mo

    Zestimate® history
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    $4,284/mo

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    $4,284/mo

    Rent Zestimate®

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    $9,796/mo

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    $9,796/mo

    Est. payment

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    What's special

    IMMACULATE SOUTH FACING 3 bed/2.5 bath duplex in the desired bayfront community of Runaway Bay. Large kitchen and living room with beautiful unobstructed views of the bay. Two boat slips with one 10,000lb boat lift. Freshly painted and new carpet installed throughout in January 2017. Multiple decks with updated railing and boards. Hurricane shutters on every window. Additional shower in laundry room downstairs. Community pool and tennis courts with very affordable HOA fees at $50/month. Close to beach, boardwalk, Jolly Rogers Amusement Park, restaurants, bars and shopping.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor, Washer
    Features
    • Flooring: Tile, Carpet, Laminate
    • Basement: None
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 3,379 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Off-street, On-street
    Features
    • Exterior features: Other, Stone, Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 2,795 Square Feet
    Details
    • Parcel number: 10064376

    Construction

    Type & style
    • Home type: Townhouse
    Materials
    • Roof: Composition
    Condition
    • Year built: 2025

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $75 monthly
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $482/sqft
    • Tax assessed value: $1,003,733
    • Annual tax amount: $13,747

    Price history

    DateEventPrice
    3/31/2017Sold$525,000-4.5%$155/sqft
    Source: Public Record Report a problem
    2/13/2017Pending sale$549,999$163/sqft
    Source: Condominium Realty, LTD #508447 Report a problem
    2/11/2017Listed for sale$549,999+238.5%$163/sqft
    Source: Condominium Realty, LTD #508447 Report a problem
    3/11/1997Sold$162,500$48/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,747 +78.2%$1,003,733 +82.1%
    2024$7,715 +7.1%$551,200 +7.9%
    2023$7,202 +0.6%$510,900
    2022$7,158 +0.4%$510,900 +1.2%
    2021$7,131 +0.6%$504,700 +0.6%
    2020$7,087 +2.3%$501,600
    2019$6,930 +3.8%$501,600 +6.1%
    2018$6,678 +3.2%$472,733 +3.1%
    2017$6,471 +91.7%$458,300 +3.8%
    2016$3,375 $441,433 +4%
    2015$3,375 $424,567 +4.1%
    2014$3,375 $407,700
    2013-- $407,700
    2012-- $407,700 -23.2%
    2011-- $530,780
    2010-- $530,780
    2009-- $530,780 -16.9%
    2008-- $638,920 +26.3%
    2007-- $505,982 +35.6%
    2006-- $373,046 +55.4%
    2005-- $240,110 +8.4%
    2004-- $221,406 +9.2%
    2003-- $202,703 +10.2%
    2002-- $184,000
    2001-- $184,000
    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

    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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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $1,630,100
    2% more
    +$32,602
    With Zillow Showcase(estimated)
    $1,662,702