406 15th Street, Unit 1

Ocean City, MD 21842

$499,900
Price
2
Beds
2
Baths
858 Sq. Ft.
$583 / Sq. Ft.
858
Sq. Ft.
$583
per Sq. Ft.

Description

Price newly adjusted! If you've never seen the waterview down Butterfish Cove, you're going to want to come see this adorable condo on 15th St. bayside! With the beach and boardwalk just two blocks away, and a boat slip, this first-floor, 2 bedroom/2 bath unit was fully (and tastefully) renovated in '21 and has so much to offer. Blue Lagoon is a smaller 10-unit complex located waterfront on Butterfish Cove and offers waterfront deck for outdoor enjoyment and sunsets. Inside the flooring is easy maintenance...Price newly adjusted! If you've never seen the waterview down Butterfish Cove, you're going to want to come see this adorable condo on 15th St. bayside! With the beach and boardwalk just two blocks away, and a boat slip, this first-floor, 2 bedroom/2 bath unit was fully (and tastefully) renovated in '21 and has so much to offer. Blue Lagoon is a smaller 10-unit complex located waterfront on Butterfish Cove and offers waterfront deck for outdoor enjoyment and sunsets. Inside the flooring is easy maintenance LVP throughout, the kitchen is bright and cheery with quartz counters, shiplap accents on the walls, and a convenient dry-bar area off kitchen. A laundry closet contains a full-size washer/dryer, and the unit offers energy-efficient mini-splits in every room! Being sold fully furnished, the condo has been a rental on Airbnb, self managed by the seller and used some personally, so opportunity to improve rental GRI ('23 GRI $18K, anticipated '24 GRI $20K). One assigned parking spot in lot, but additional guest spot available first-come, first-serve. Located right next to the famous White Marlin Open, you'll enjoy bike rides on the boards, and walks to local favorite hotspots like the Reel Inn! The association recently completed their reserve study, and the stairwells were just replaced.
  1. Listed by Lauren W. Bunting • Keller Williams Realty Delmarva
    P: (410)-422-9899 lwbunting@comcast.net

Property Details for 406 15th Street, Unit 1

Tax ID Number
2410041295
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
1
Structure Type
Unit/Flat/Apartment
Style
Unit/Flat
Levels/Stories
1
LISTING UPDATED: 11/01/2024 09:07 AM

Property Details for 406 15th Street, Unit 1

StatusActive
MLS #MDWO2021930
Days on Market166
Taxes$3,001 / year
HOA Fees-
Condo/Co-op Fees$1,000 / quarter
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1971
CountyWorcester County

Building Information for 406 15th Street, Unit 1

Building/ComplexBlue LagoonFloor-Stories1Residences-Pet PolicyAllowedYear Built1971

Property Information for 406 15th Street, Unit 1

Location
Location
  • In City Limits: Yes
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • County: WORCESTER
  • MLS Area: Bayside Waterfront (84)
  • OC Cross Street: 15
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: Yes
  • Water Access Features: Boat - Length Limit, Boat - Powered, Canoe/Kayak, Private Access
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Water Body Name: Butterfish Cove
  • Water Body Type: Canal
  • Water Frontage In Feet: 20.0
  • Docks Count: 1
  • Dock Type and Features: Single Slip, Pier (Perpendicular)
  • Dock/Slip Conveys Y/N: true
  • Dock/Slip Conveyance: Association Owned, Exclusive Use
  • Slips Count: 1
Association / Community Info
Association / Community Info
  • Condo Coop Name: Blue Lagoon
  • HOA Condo Coop Mgmt Type: Owner/Self-Management
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Reserve Funds
  • HOA Condo Coop Amenities: Pier/Dock
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $214,433
  • Year Assessed: 2024
  • County Tax: $1,812
  • City Town Tax: $949
  • Clean Green Assessed: No
  • Land Use Code: U
  • Zoning: R-2
  • Tax Lot: 1
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK
Rooms
Main
  • # Bedrooms Count Main Level: 2
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: 858.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Location Type: Canal
  • Parcel ID: 5400526
Parking
Parking
  • Type Of Parking: Parking Lot
  • Parking Lot - # of Spaces: 1
  • Parking Features: Paved Parking
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Floor Plan - Open, Recessed Lighting, Upgraded Countertops, Window Treatments
  • Fireplace: No
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Washer, Washer - Front Loading, Water Heater
  • Accessibility Features: None
  • Laundry Type: Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Outdoor Living Structures: Deck(s)
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Other
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)
  • List Agent URL: www.laurenbunting.com

Property History for 406 15th Street, Unit 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 406 15th Street, Unit 1

Taxable ValueLand-Additions-Total-
Tax Record2023$2,599 ($217 / month)
Home Facts
Beds0Baths1Total Finished SqFt858 SqFtAbove Grade Finished SqFt858 SqFtStyleCondominiumYear Built1971ZoningR-2CountyWORCESTERAPN10-041295Fireplace TypeHas Fireplace

Schools near 406 15th Street, Unit 1

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ocean City Elementary School
PublicPK to 4

Berlin Intermediate School
Public5 to 6

Stephen Decatur Middle School
Public7 to 8

Stephen Decatur High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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406 15th Street, Unit 1 is a condo for sale in Ocean City, MD 21842. This property was listed for sale on July 10, 2024 by Keller Williams Realty Delmarva, it's currently listed at $499,900. It has been on the market for a total of 166 days and was last sold on September 10, 2020. This listing's school district is Worcester County Public Schools. Nearby schools include Ocean City Elementary School, Berlin Intermediate School and Stephen Decatur Middle School. 406 15th Street, Unit 1 is a 2-bed, 2-bath, 858 sqft condo built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty Delmarva

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 11/01/2024 09:07 AM