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Sold for $244,900
    • Zillow Home logoZestimate®
    $244,900

    7 40th St #307, Ocean City, MD 21842

    1beds
    588sqft
    Condominium
    Built in 1972
    -- sqft lot
    $244,900 Zestimate®
    $416/sqft
    $1,721 Estimated rent

    Home value

    $244,900

    $223,000 - $267,000

    $1,721/mo

    Zestimate® history
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    What's special

    Fully furnishedOcean block beach retreatModern touches throughoutBright and open
    PRICE REFINEMENT! Wake up to the sound of the surf and the sight of the ocean from your OCEAN BLOCK beach retreat in Midtown OC. This bright and open FULLY FURNISHED 1-bed/1-full bath offers modern touches throughout, perfect for effortless weekends by the water. Sip your morning coffee on the front balcony with ocean views, then unwind on the rear balcony that captures the warm afternoon sun. Major updates include 2018 HVAC, water heater, flooring, and kitchen renovation, plus a new rear slider in 2023, making this an easy turn-key option. Enjoy the convenience of 1 assigned parking space in building lot, with plenty of on-street parking nearby for guests. Looking for a personal getaway or a savvy rental investment? This condo checks every box...fully furnished, no rental restrictions, strong location, and restaurants, bars, and beach fun all just moments away. Start living the Ocean City beach lifestyle you’ve been dreaming of!

    Zillow last checked:

    Listing updated:

    Listed by:

    Darlene Wise 443-900-3419,

    Cummings & Co. Realtors

    Bought with:

    Dave Whittington, RS-0015015

    Coastal Life Realty Group LLC

    Source: Bright MLS,MLS#: MDWO2036426MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, In Unit
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 588
    • Total interior livable area: 588 sqft
    • Finished area above ground: 588

    Property

    Parking
    • Parking features: Assigned, On Street, Parking Lot, Off Street
    • Has uncovered spaces: Yes
    • Details: Assigned Parking
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting, Sidewalks, Street Lights, Balcony
    • Pool features: None
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    Details
    • Additional structures: Above Grade
    • Parcel number: 2410054818
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
    • Condo and coop fee: $1,077 quarterly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Reserved/Assigned Parking
    • Services included: Insurance, Management, Cable TV
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $416/sqft
    • Tax assessed value: $214,600
    • Annual tax amount: $2,939
    • Date on market: 3/6/2026
    • Listing agreement: Exclusive Right To Sell
    • Inclusions: Sold Furnished
    • Exclusions: Small Wall Pictures In Living Room & Bedroom Bedding
    • Ownership: Condominium

    Price history

    DateEventPrice
    9/22/2026Sold$244,900$416/sqft
    Source: Bright MLS #MDWO2036426 Report a problem
    9/18/2026Pending sale$244,900$416/sqft
    Source: Bright MLS #MDWO2036426 Report a problem
    8/20/2026Contingent$244,900$416/sqft
    Source: Bright MLS #MDWO2036426 Report a problem
    8/17/2026Price change$244,900-10.9%$416/sqft
    Source: Bright MLS #MDWO2036426 Report a problem
    6/23/2026Listed for sale$275,000$468/sqft
    Source: Bright MLS #MDWO2036426 Report a problem
    6/17/2026Contingent$275,000$468/sqft
    Source: Bright MLS #MDWO2036426 Report a problem
    6/12/2026Price change$275,000-8.3%$468/sqft
    Source: Bright MLS #MDWO2036426 Report a problem
    3/6/2026Listed for sale$299,990$510/sqft
    Source: Bright MLS #MDWO2036426 Report a problem
    12/4/2025Listing removed$299,990$510/sqft
    Source: Bright MLS #MDWO2034498 Report a problem
    10/30/2025Listed for sale$299,990-4.8%$510/sqft
    Source: Bright MLS #MDWO2034498 Report a problem
    10/29/2025Listing removed$315,000$536/sqft
    Source: Bright MLS #MDWO2026720 Report a problem
    7/11/2025Price change$315,000-6%$536/sqft
    Source: Bright MLS #MDWO2026720 Report a problem
    3/4/2025Price change$335,000-2.9%$570/sqft
    Source: Bright MLS #MDWO2026720 Report a problem
    11/7/2024Listed for sale$345,000$587/sqft
    Source: Bright MLS #MDWO2026720 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$3,398 +15.6%$249,900 +16.4%
    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$2,159 $155,000 +3.7%
    2015$2,159 $149,500 +3.8%
    2014$2,159 $144,000
    2013-- $144,000
    2012-- $144,000 -20%
    2011-- $179,920
    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 homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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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