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Sold for $500,000
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  • $500,000

    722 Gulf Stream Dr, Ocean City, MD 21842

    3beds
    2baths
    1,248sqft
    SingleFamily
    Built in 1990
    3,620 Square Feet Lot
    $587,500 Zestimate®
    $401/sqft
    $2,935 Estimated rent

    Home value

    $587,500

    $552,000 - $629,000

    $2,935/mo

    Zestimate® history
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    What's special

    You will fall in love with this 3 bedroom 2 full bath single family waterfront home. Located close to the open bay and is one of the most popular neighborhoods in North Ocean City. This very spacious home is tastefully decorated. The many features include a 6 x 40 dock, a 6 x 40 pier with a electric boat lift, 15 x 52 sundeck facing the water. Open floor plan with a formal dining room and a kitchen with a breakfast bar. Living room has built in bookcase, drywall interior with baseboard & crown molding, new carpet and a new roof in 2007. Beautifully landscaped deeded waterfront lot with no grass to cut.Brokered And Advertised By: Larry E HoldrenListing Agent: Scott L Holdren

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Other
    Features
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,248 sqft

    Property

    Features
    • Exterior features: Other
    • On waterfront: Yes
    Lot
    • Size: 3,620 Square Feet
    Details
    • Parcel number: 10318297

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Piers
    • Roof: Shake / Shingle
    Condition
    • Year built: 1990

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $23 monthly
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $401/sqft
    • Tax assessed value: $456,833
    • Annual tax amount: $6,257

    Price history

    DateEventPrice
    7/5/2024Sold$500,000-16.7%$401/sqft
    Source: Public Record Report a problem
    3/3/2024Listed for sale$599,999$481/sqft
    Source: Bright MLS #MDWO2014086 Report a problem
    2/8/2024Pending sale$599,999$481/sqft
    Source: Bright MLS #MDWO2014086 Report a problem
    2/5/2024Price change$599,999-5.5%$481/sqft
    Source: Bright MLS #MDWO2014086 Report a problem
    12/27/2023Price change$635,000-0.6%$509/sqft
    Source: Bright MLS #MDWO2014086 Report a problem
    11/30/2023Price change$639,000-1.7%$512/sqft
    Source: Bright MLS #MDWO2014086 Report a problem
    10/25/2023Price change$650,000-3.7%$521/sqft
    Source: Bright MLS #MDWO2014086 Report a problem
    10/16/2023Listed for sale$675,000$541/sqft
    Source: Bright MLS #MDWO2014086 Report a problem
    7/25/2023Pending sale$675,000$541/sqft
    Source: Bright MLS #MDWO2014086 Report a problem
    6/8/2023Price change$675,000-2.9%$541/sqft
    Source: Bright MLS #MDWO2014086 Report a problem
    5/19/2023Listed for sale$695,000+95.8%$557/sqft
    Source: Bright MLS #MDWO2014086 Report a problem
    5/11/2012Sold$355,000-13.2%$284/sqft
    Source: Public Record Report a problem
    8/7/2011Listing removed$409,000$328/sqft
    Source: Larry Holdren Real Estate Inc #463183 Report a problem
    4/21/2011Price change$409,000-9%$328/sqft
    Source: Larry Holdren Real Estate Inc #463183 Report a problem
    11/5/2010Price change$449,500-8.2%$360/sqft
    Source: Larry Holdren Real Estate Inc #463183 Report a problem
    6/19/2010Price change$489,500-4%$392/sqft
    Source: Larry Holdren Real Estate Inc #463183 Report a problem
    1/23/2010Listed for sale$510,000$409/sqft
    Source: Larry Holdren Real Estate Inc #463183 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,257 +13.7%$456,833 +16.2%
    2024$5,504 +18.4%$393,267 +19.3%
    2023$4,647 +1.2%$329,700
    2022$4,591 +1%$329,700 +2.5%
    2021$4,545 +1.3%$321,700 +1.3%
    2020$4,489 -0.7%$317,700
    2019$4,520 +0.7%$317,700
    2018$4,488 -5.8%$317,700 -5.8%
    2017$4,763 +2.8%$337,300 +0.7%
    2016$4,632 $334,967 +0.7%
    2015$4,632 $332,633 +0.7%
    2014$4,632 $330,300
    2013-- $330,300
    2012-- $330,300 -17.6%
    2011-- $400,630
    2010-- $400,630
    2009-- $400,630 -2.5%
    2008-- $410,760 +20.2%
    2007-- $341,650 +25.4%
    2006-- $272,540 +34%
    2005-- $203,430 +11.9%
    2004-- $181,852 +13.5%
    2003-- $160,276 +15.6%
    2002-- $138,700 +2.1%
    2001-- $135,892
    Find assessor info on the county website

    Neighborhood: North Ocean City

    Nearby schools

    GreatSchools rating
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    $587,500
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    +$11,750
    With Zillow Showcase(estimated)
    $599,250