Sold for $553,000

$553,000

8800 Coastal Hwy Unit 1208, Ocean City, MD 21842

2beds

1,225sqft

Condominium

Built in 1974

-- sqft lot

$593,300 Zestimate^®

$451/sqft

$2,354 Estimated rent

Home value

$593,300

$552,000 - $641,000

$2,354/mo

Zestimate^® history

Owner options

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$2,354/mo

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$2,354/mo

Rent Zestimate^®

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$3,339/mo

Est. payment

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$3,339/mo

Est. payment

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What's special

New kitchemNew ceramic tile bathroomsKnick knacksCompletely remodeledNew wiringStorm shuttersLarge deck

This beautiful 12th floor ocean front unit that offers a wondereful view of the ocean and bay looking south and east was completely remodeled has a new kitchem, two new ceramic tile bathrooms ,new wiring, and plumbing, storm shutters and drywall walls in the bedrooms and baths. The unit has never been rented and sits in a mid town location. There is a $18,775.00 special assessment that starts on January 1, 2024 to reconstruct the pool and large deck which will start in the fall of 2024. the exclusions in the unit are in the living room wall hangings, dining room - dishes on corner shelf, mirror ,wall hangings, knick knacks on side boards and dining room table. All dishes in kitchen cabinets may or may not be transfered, master bedroom - all pictures and lamps and small bar betweem bedrooms will not be transfered, 2nd bedroom- all pictures and lamps, exceptthose on high shelp will not be transfered.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Water Heater

Features

Block Walls, Dry Wall, Paneled Walls
Flooring: Carpet, Ceramic Tile
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,225
Total interior livable area: 1,225 sqft
Finished area above ground: 1,225

Property

Parking

Parking features: Parking Lot

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Pool features: Community
On waterfront: Yes
Waterfront features: Ocean
Frontage length: Water Frontage Ft: 125

Details

Additional structures: Above Grade
Parcel number: 2410101042
Zoning: R-3 GENERAL DENSITY
Special conditions: Standard

Construction

Type & style

Home type: Condo
Architectural style: Other
Property subtype: Condominium

Materials

Concrete, Stone
Roof: Flat

Condition

New construction: No
Year built: 1974

Utilities & green energy

Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Condo and coop fee: $1,465 quarterly
Subdivision: None Available

HOA

Has HOA: No
Amenities included: None
Services included: None

Location

Region: Ocean City

Financial & listing details

Price per square foot: $451/sqft
Tax assessed value: $329,500
Annual tax amount: $4,645
Date on market: 2/23/2024
Listing agreement: Exclusive Agency
Listing terms: Conventional
Ownership: Condominium

Price history

Date	Event	Price
5/24/2024	Sold	$553,000-3.8%$451/sqft
Source: Bright MLS #MDWO2019032 Report a problem
5/5/2024	Contingent	$575,000$469/sqft
Source: Bright MLS #MDWO2019032 Report a problem
2/23/2024	Listed for sale	$575,000$469/sqft
Source: Bright MLS #MDWO2019032 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,866 +10.6%	$428,300 +13%
2024	$5,303 +14.2%	$378,900 +15%
2023	$4,645 +4%	$329,500
2022	$4,466 +3.9%	$329,500 +8.3%
2021	$4,298 +4.3%	$304,167 +4.3%
2020	$4,119 +7%	$291,500
2019	$3,851 +9.1%	$291,500 +16.7%
2018	$3,529 +9.1%	$249,833 +9.1%
2017	$3,233 -21.7%	$229,000
2016	$4,131	$229,000
2015	$4,131	$229,000 -18%
2014	$4,131	$279,300
2013	--	$279,300
2012	--	$279,300 -18.9%
2011	--	$344,220
2010	--	$344,220
2009	--	$344,220 -3.4%
2008	--	$356,470 +12.5%
2007	--	$316,862 +14.3%
2006	--	$277,256 +16.7%
2005	--	$237,650 +21.6%
2004	--	$195,432 +27.6%
2003	--	$153,216 +38%
2002	--	$111,000 +4.1%
2001	--	$106,666