Skip main navigation
Off market
Street View
  • $272,500

    7 40th St #305, Ocean City, MD 21842

    1beds
    1baths
    588sqft
    Condo
    Built in 1972
    -- sqft lot
    $272,500 Zestimate®
    $463/sqft
    $1,572 Estimated rent

    Home value

    $272,500

    $251,000 - $294,000

    $1,572/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,572/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,572/mo

    Rent Zestimate®

    Refinance and save

    $1,623/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,623/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Great ocean block 1 bedroom condo. New water heater and tile floors in kitchen. The building is well maintained and offers a beautiful peek of the ocean! This condo is conveniently located within walking distance to the Convention Center, shopping and dining. The perfect fit just in time for summer! Brokered And Advertised By: Ryan T Haley Listing Agent: Ryan T Haley

    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: 1
    • Bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 588 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Cement / Concrete
    Details
    • Parcel number: 10055121

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1972

    Community & HOA

    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $463/sqft
    • Tax assessed value: $214,600
    • Annual tax amount: $2,939

    Price history

    DateEventPrice
    3/17/2015Sold$135,000-15.6%$230/sqft
    Source: Public Record Report a problem
    12/7/2014Listing removed$160,000+33.3%$272/sqft
    Source: Ryan T Haley #488652 Report a problem
    4/5/2011Sold$120,000+94388.2%$204/sqft
    Source: Public Record Report a problem
    2/25/2011Price change$127-99.9%
    Source: foreclosure.com Report a problem
    1/8/2011Listed for sale$127,900-0.3%$218/sqft
    Source: foreclosure.com Report a problem
    8/26/2010Sold$128,243-50.7%$218/sqft
    Source: Public Record Report a problem
    2/23/2006Sold$260,000+68.8%$442/sqft
    Source: Public Record Report a problem
    4/15/2003Sold$154,000$262/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,939 +17.1%$214,600 +19.7%
    2024$2,509 +23.6%$179,300 +24.5%
    2023$2,030 $144,000
    2022$2,030 -0.2%$144,000
    2021$2,035 $144,000
    2020$2,035 -0.7%$144,000
    2019$2,049 +0.7%$144,000
    2018$2,034 -10.2%$144,000 -10.3%
    2017$2,266 +5%$160,500 +3.5%
    2016$2,158 $155,000 +3.7%
    2015$2,158 $149,500 +3.8%
    2014$2,158 $144,000
    2013-- $144,000
    2012-- $144,000 -19.9%
    2011-- $179,800 -0.1%
    2010-- $179,920
    2009-- $179,920 -14.3%
    2008-- $209,910 +18.1%
    2007-- $177,766 +22.1%
    2006-- $145,623 +28.3%
    2005-- $113,480 +18.6%
    2004-- $95,652 +22.9%
    2003-- $77,826 +29.7%
    2002-- $60,000 +0.6%
    2001-- $59,666
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $272,500
    2% more
    +$5,450
    With Zillow Showcase(estimated)
    $277,950