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  • $520,800

    8500 Coastal Hwy Unit 502, Ocean City, MD 21842

    2beds
    1,020sqft
    Apartment
    Built in 1976
    -- sqft lot
    $520,800 Zestimate®
    $511/sqft
    $2,331 Estimated rent

    Home value

    $520,800

    $484,000 - $557,000

    $2,331/mo

    Zestimate® history
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    $2,331/mo

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    $2,331/mo

    Rent Zestimate®

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    $3,569/mo

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    $3,569/mo

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    What's special

    This Condo defines the meaning of "A cut above the rest!" A fully renovated condo that features upgrades and improvements not often found ,even on properties costing much more. The attention to detail starts at the Front door. Painted with Automotive paint to resist salt corrosion. A full length Hinge is used to secure the door to the frame. Even the door knocker was powder coated! Walking passed the Laundry area , you find the Kitchen is outfitted with Premium granite nestled over new cabinetry equipped with soft close doors and drawers. Now add in Stainless steel appliances and garnish with Subway tile back splash. Moving to the bathrooms, you find comfort height toilets, matching vanities and hardware. Both shower areas have been upgraded and tiled. Recessed LED lighting helps you admire the craftsmanship. Closet and privacy doors are upgraded to SOLID core, Six panel doors. Deluxe Crown molding enhances the entire condo. Elegant wainscoting is featured in the Owner suite. The Sellers attention to detail is once again evidenced by having custom glass furniture tops cut. An unsung, but HUGE, improvement is the installation of New Exterior windows, 2021. There is so much more. The ample Balcony offers Panoramic, Vista views from Ocean to Bay. This Never rented , Rarely used, Fully Furnished property is 1020 Square Feet of perfection.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Microwave
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,020 sqft

    Property

    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 10092558

    Construction

    Type & style
    • Home type: Apartment
    Condition
    • Year built: 1976

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $425 monthly
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $511/sqft
    • Tax assessed value: $323,000
    • Annual tax amount: $4,424

    Price history

    DateEventPrice
    6/16/2021Sold$515,000+77.6%$505/sqft
    Source: Public Record Report a problem
    4/13/2016Sold$290,000-1.7%$284/sqft
    Source: Agent Provided Report a problem
    3/9/2016Listed for sale$295,000-1.6%$289/sqft
    Source: Condominium Realty, LTD #502508 Report a problem
    6/2/2014Listing removed$299,900$294/sqft
    Source: Cam A Bunting #488162 Report a problem
    3/29/2014Price change$299,900-3.2%$294/sqft
    Source: Cam A Bunting #488162 Report a problem
    1/19/2014Listed for sale$309,900-26%$304/sqft
    Source: Cam A Bunting #488162 Report a problem
    6/22/2005Sold$419,000+49.6%$411/sqft
    Source: Public Record Report a problem
    5/15/2003Sold$280,000+44.3%$275/sqft
    Source: Public Record Report a problem
    4/11/2001Sold$194,000$190/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,424 +5.6%$323,000 +8%
    2024$4,188 +7.9%$299,200 +8.6%
    2023$3,882 $275,400
    2022$3,882 -0.2%$275,400
    2021$3,891 $275,400
    2020$3,891 -0.1%$275,400
    2019$3,894 +1.3%$275,400 +1.3%
    2018$3,842 +0.7%$272,000 +0.6%
    2017$3,817 -2.6%$270,300
    2016$3,917 $270,300
    2015$3,917 $270,300
    2014$3,917 $270,300
    2013-- $270,300
    2012-- $270,300 -17.2%
    2011-- $326,400
    2010-- $326,400
    2009-- $326,400 -20.6%
    2008-- $411,060 +13.4%
    2007-- $362,440 +15.5%
    2006-- $313,820 +18.3%
    2005-- $265,200 +24.6%
    2004-- $212,800 +32.7%
    2003-- $160,400 +48.5%
    2002-- $108,000 +0.6%
    2001-- $107,332
    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

    Source: The 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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    Sell for more on Zillow
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    $520,800
    2% more
    +$10,416
    With Zillow Showcase(estimated)
    $531,216