713 Kelly Rd #713A, Ocean City, MD 21842
What's special
Have you been searching for a property in Ocean City but keep running into high condominium fees? Here’s an alternative worth considering! Welcome to Cedar Bay, located in the Caine Woods neighborhood of North Ocean City, just a few blocks south of the Maryland/Delaware line. This two-bedroom, two-bathroom end-unit townhome offers many of the benefits buyers appreciate about single-family living, but at a price point more commonly associated with a condominium. Originally developed as a condominium, Cedar Bay does not have an active condominium association or traditional monthly condo fees. Instead, expenses such as building insurance, lawn maintenance, and water usage are shared with the adjoining duplex owner. It’s a different approach to ownership that allows you to enjoy the property without the typical monthly condominium expense. One of the real advantages here is the space, both inside and out. Step outside onto your private rear deck overlooking a grassy backyard reserved for your exclusive use. Whether you’re enjoying your morning coffee, entertaining friends, or simply relaxing after a day at the beach, you’ll appreciate having outdoor space to call your own. Add in convenient off-street parking, and you have a combination of features that isn’t always easy to find at this price point. Whether you’re searching for a primary residence, a weekend getaway, or simply an affordable place to call your own at the beach, this Cedar Bay townhome deserves a closer look. Enjoy the space and flexibility of townhome living without the burden of traditional monthly condominium fees
- 22 days
- 2,682
- 111
Likely to sell faster than
Travel times
Living Room
Kitchen
Dining Room
Zillow last checked:
Listing updated:
Ryan Haley 410-524-0919,
Atlantic Shores Sotheby's International Realty (410) 524-0919
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,016
- Total interior livable area: 1,016 sqft
- Finished area above ground: 1,016
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Pool features: None
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410235561
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Cedar
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Caine Woods
HOA
- Has HOA: No
- Amenities included: None
- Services included: Insurance, Maintenance Grounds
Location
- Region: Ocean City
Financial & listing details
- Price per square foot: $304/sqft
- Tax assessed value: $304,800
- Annual tax amount: $4,144
- Date on market: 10/10/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: Sold Unfurnished
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2026 | Listed for sale | $309,000+71.7%$304/sqft |
Source: | ||
| 4/7/2017 | Sold | $180,000+2.3%$177/sqft |
Source: Agent Provided Report a problem | ||
| 1/6/2010 | Sold | $176,000+163.7%$173/sqft |
Source: Public Record Report a problem | ||
| 9/19/1996 | Sold | $66,750$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $4,144 +16.3% | $304,800 +17.2% |
| 2025 | $3,562 +18.2% | $260,067 +20.8% |
| 2024 | $3,014 +25.3% | $215,333 +26.2% |
| 2023 | $2,405 | $170,600 |
| 2022 | $2,405 -0.2% | $170,600 |
| 2021 | $2,410 | $170,600 |
| 2020 | $2,410 +2.2% | $170,600 |
| 2019 | $2,360 +3.7% | $170,600 +5.9% |
| 2018 | $2,276 +3.1% | $161,133 +3% |
| 2017 | $2,208 -0.5% | $156,400 |
| 2016 | $2,219 | $156,400 |
| 2015 | $2,219 | $156,400 -2.6% |
| 2014 | $2,219 | $160,500 |
| 2013 | -- | $160,500 |
| 2012 | -- | $160,500 -13.2% |
| 2011 | -- | $184,910 |
| 2010 | -- | $184,910 |
| 2009 | -- | $184,910 -20.2% |
| 2008 | -- | $231,640 +13.8% |
| 2007 | -- | $203,532 +16% |
| 2006 | -- | $175,426 +19.1% |
| 2005 | -- | $147,320 +21.9% |
| 2004 | -- | $120,880 +28% |
| 2003 | -- | $94,440 +38.9% |
| 2002 | -- | $68,000 |
| 2001 | -- | $68,000 |
Monthly payment
Estimated market value
$301,000
$286,000 - $316,000
$1,971/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.