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Sold for $541,000
  • $541,000

    7301 Atlantic Ave Unit 1B, Ocean City, MD 21842

    2beds
    936sqft
    Condominium
    Built in 1968
    -- sqft lot
    $566,400 Zestimate®
    $578/sqft
    $2,485 Estimated rent

    Home value

    $566,400

    $527,000 - $606,000

    $2,485/mo

    Zestimate® history
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    What's special

    Master bathGranite countersBalcony chairsNew fixturesNew kitchen cabinetsNew pvc deck tilesMarble tile
    ***Please submit by Monday 2/12/24 at 12noon*** *RESERVE STUDY FROM OCT 2023 IS UPLOADED IN AGENT DOCS* Rarely available, true 2-bedroom, 2 full bath OCEANFRONT condo in the Beachmark building. This condo is in the heart of mid-town making the property even more desirable. There was a substantial renovation in 2018, just shortly after the owner purchased it. In 2018 new LVP (luxury vinyl plank) floors were installed throughout. The entire condo was painted to include walls, trim and crown molding. The existing kitchen was gutted and opened up for better entertaining and views. New kitchen cabinets, pulls, granite counters, stainless steel appliances, and new fixtures were installed in the renovation. Both full bathrooms were gutted and renovated with classic subway tile on the walls, marble tile on the shower stall floor (in master bath), glass doors (in master bath), vanities, sinks, toilets, fixtures, lighting, etc. A new hot water heater was installed. New PVC deck tiles were installed on the balcony. The owner didn’t pinch on the furnishings either. Both beds are Sleep Numbers. The white living room sofa and chair, as well as the balcony chairs and table are from Arhaus, a high-end furnishing company, roughly 10k. More recently in 2023, the owner had new balcony sliders installed and hung a new 55” smart TV in the living room. This unit is on the main level, making running in and out so simple. There’s a community pool that sits on the oceanfront. There are 2 parking spaces assigned to this unit (one covered parking and one in the open lot). There is a community laundry room on the main level. The owner purchased this for his own personal use and barely rented it out. The condition and finishes are reflective of that.

    Zillow last checked:

    Listing updated:

    Listed by:

    Suzie Coronel 410-336-2569,

    Cummings & Co. Realtors

    Bought with:

    Betsy Brown, 597726

    Long & Foster Real Estate, Inc.

    Source: Bright MLS,MLS#: MDWO2018774MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Disposal, Oven/Range - Electric, Refrigerator, Microwave, Stainless Steel Appliance(s), Electric Water Heater
    • Laundry: Has Laundry, Main Level, In Unit
    Features
    • Entry Level Bedroom
    • Flooring: Luxury Vinyl
    • Doors: Storm Door(s)
    • Windows: Insulated Windows, Screens, Window Treatments
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 936
    • Total interior livable area: 936 sqft
    • Finished area above ground: 936

    Property

    Parking
    • Parking features: Off Street
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Outdoor Shower, Balcony
    • Has private pool: Yes
    • Pool features: Community, Private
    • Has view: Yes
    • View description: Ocean, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    • Waterfront features: Sandy Beach, Ocean
    • Body of water: Atlantic Ocean
    • Frontage length: Water Frontage Ft: 200
    Lot
    • Features: Cleared
    Details
    • Additional structures: Above Grade
    • Parcel number: 2410084482
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Masonry, Stucco, Stick Built
    • Foundation: Pilings
    • Roof: Built-Up
    Condition
    • Excellent
    • New construction: No
    • Year built: 1968
    • Major remodel year: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $1,611 quarterly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Laundry, Pool
    • Services included: Common Area Maintenance, Maintenance Structure, Parking Fee, Pool(s), Snow Removal
    Location
    • Region: Ocean City
    • Municipality: OCEAN CITY

    Financial & listing details

    • Price per square foot: $578/sqft
    • Tax assessed value: $371,867
    • Annual tax amount: $5,026
    • Date on market: 2/8/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    3/1/2024Sold$541,000+3.1%$578/sqft
    Source: Bright MLS #MDWO2018774 Report a problem
    2/13/2024Pending sale$524,900$561/sqft
    Source: Bright MLS #MDWO2018774 Report a problem
    2/8/2024Listed for sale$524,900+98.1%$561/sqft
    Source: Bright MLS #MDWO2018774 Report a problem
    11/15/2017Sold$265,000-8.6%$283/sqft
    Source: Public Record Report a problem
    6/17/2017Price change$289,900-3.3%$310/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-64th #509447 Report a problem
    4/2/2017Listed for sale$299,900$320/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-64th #509447 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,302 +1.9%$387,133 +4.1%
    2024$5,205 +3.5%$371,867 +4.3%
    2023$5,027 +7.8%$356,600
    2022$4,662 +8.2%$356,600 +17%
    2021$4,307 +9.3%$304,867 +9.3%
    2020$3,942 -0.7%$279,000
    2019$3,969 +0.7%$279,000
    2018$3,941 -7.4%$279,000 -7.4%
    2017$4,254 -5.3%$301,300
    2016$4,493 $301,300
    2015$4,493 $301,300
    2014$4,493 $301,300
    2013-- $301,300
    2012-- $301,300 -19.5%
    2011-- $374,400
    2010-- $374,400
    2009-- $374,400 -20%
    2008-- $468,000 +18.1%
    2007-- $396,240 +22.1%
    2006-- $324,480 +28.4%
    2005-- $252,720 +22.2%
    2004-- $206,812 +28.5%
    2003-- $160,906 +39.9%
    2002-- $115,000
    2001-- $115,000
    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
    • 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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