5 48th Street, Unit 23

Ocean City, MD 21842

$810,000
Last Sold Price
5
Beds
4
Baths
2,145 Sq. Ft.
$378 / Sq. Ft.
2,145
Sq. Ft.
$378
per Sq. Ft.

Description

Charming townhome with ocean views! Spacious 4 bedroom and 3 baths in main upper, with an additional 1 bedroom, 1 bath apartment downstairs, that could be used as a separate rental. Sleeps 14 comfortably, two kitchens, five decks, 3 of which have ocean views! Custom tile floor throughout, community pool and private beach on the far side of the dune, great for family. Ideal location to local shops, restaurants, Jolly Roger Amusement Park. Great rental income and history. You won’t want to miss this...Charming townhome with ocean views! Spacious 4 bedroom and 3 baths in main upper, with an additional 1 bedroom, 1 bath apartment downstairs, that could be used as a separate rental. Sleeps 14 comfortably, two kitchens, five decks, 3 of which have ocean views! Custom tile floor throughout, community pool and private beach on the far side of the dune, great for family. Ideal location to local shops, restaurants, Jolly Roger Amusement Park. Great rental income and history. You won’t want to miss this opportunity to buy the beach house!
  1. Listed by Ryan Haley • Atlantic Shores Sotheby's International Realty
    P: (410)-524-0919 ryan@ryanhaley.com

Property Details for 5 48th Street, Unit 23

Tax ID Number
2410069084
Ownership
Fee Simple
Condo Coop Association
Yes
HOA
No
Structure Type
Interior Row/Townhouse
Style
Side-by-Side
Levels/Stories
4
Furnished
Yes
LISTING UPDATED: 09/15/2022 08:30 AM

Property Details for 5 48th Street, Unit 23

StatusClosed
MLS #MDWO2003700
Days on Market23
Taxes$7,772 / year
HOA Fees-
Condo/Co-op Fees$2,296 / quarter
Compass TypeTownhouse
MLS TypeResidential / Fee Simple
Year Built1966
Lot Size0.00 AC / 0 SF
CountyWorcester County

Building Information for 5 48th Street, Unit 23

Stories4Residences-Year Built1966Lot Size0.00 AC / 0 SF

Property Information for 5 48th Street, Unit 23

Location
Location
  • In City Limits: Yes
  • Transportation: Bus Stop less than 1 mile
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • Elementary School: OCEAN CITY (WORCESTER MD)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: STEPHEN DECATUR (WORCESTER MD)
  • MiddleSchoolSource: Listing Agent
  • High School: STEPHEN DECATUR (WORCESTER MD)
  • HighSchoolSource: Listing Agent
  • County: WORCESTER
  • MLS Area: Oceanfront Indirect View (81)
  • OC Cross Street: 48
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: Yes
  • Water Oriented: Yes
  • Navigable Water: No
  • Tidal Water: No
  • Water Body Type: Ocean
  • Distance To Body Of Water Units: Feet
Association / Community Info
Association / Community Info
  • Condo Coop Name: OC Real Estate Management Inc.
  • Condo Coop Phone: (410) 524-5781
  • HOA Condo Coop Mgmt Type: Professional - Off-site
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds
  • HOA Condo Coop Amenities: Beach, Common Grounds, Pool - Outdoor
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $550,000
  • Year Assessed: 2021
  • County Tax: $4,648
  • Improvement Assessed Value: $0
  • City Town Tax: $2,509
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Land Use Code: 012
  • Zoning: R-3
  • Tax Lot: 23
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Case by Case Basis
  • Concessions: No
Rooms
Main
  • # Bedrooms Count Main Level: 5
  • # Bathrooms Count Main Level: 4
  • # Bathrooms Full Main Level: 4
Rooms
  • Stories: Main
Financial Information
Financial Information
  • Annual Rental Income: $50,000
Building Info
Building Info
  • Total Finished SQFT: 2,145.00
  • Total Finished SQFT Source: Assessor
  • Tax Total Finished SQFT: 2,145.00
  • Total SQFT: 2,145.00
  • Total SQFT Source: Assessor
  • Construction Materials: Stick Built
  • Roof: Built-Up
  • Foundation Details: Pilings
  • Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bedrooms-Main Level-4, Bedrooms-Main Level-5, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Full-Main Level-3, Bathrooms Full-Main Level-4
  • # Bathrooms Full: 4
  • Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Location Type: Oceanfront
  • Parcel ID: 5402791
  • Additional Parcels: No
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway, Off Street, On Street
Interior Features
Interior Features
  • Interior Features: 2nd Kitchen, Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Exposed Beams, Stall Shower, Window Treatments
  • Fireplace: No
  • Fireplaces Count: 0
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Washer
  • Accessibility Features: None
  • Laundry Type: Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Exterior Features: Private Beach
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Porch(es)
  • Pool: Yes - Community
  • Community Pool Features: In Ground
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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)

Property History for 5 48th Street, Unit 23

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5 48th Street, Unit 23

Taxable ValueLand-Additions-Total-
Tax Record2023$7,753 ($646 / month)
Home Facts
Beds0Baths4Total Finished SqFt2,145 SqFtAbove Grade Finished SqFt2,145 SqFtStyleCondominiumYear Built1966ZoningR-3CountyWORCESTERAPN10-069084Fireplace TypeHas Fireplace

Schools near 5 48th Street, Unit 23

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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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 Atlantic Shores Sotheby's International Realty

© 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 09/15/2022 08:30 AM