5 48th Street, Unit 25

Ocean City, MD 21842

$1,000,000
Price
5
Beds
4
Baths
2,145 Sq. Ft.
$466 / Sq. Ft.
2,145
Sq. Ft.
$466
per Sq. Ft.

Description

The ONLY 5-Bedroom townhouse on the market! This unique townhome is in oceanfront Ocean Colony complex - located in popular Mid-Town. Entry level has a one bedroom efficency, perfect for guests or even rent out separately, with own outside entrance. If you like balconies and decks - this is your happy place. On the living level, there is a large deck off the living room and a balcony off the main level bedroom (great for sunsets). On the next floor there are two bedrooms, each with own deck (one...The ONLY 5-Bedroom townhouse on the market! This unique townhome is in oceanfront Ocean Colony complex - located in popular Mid-Town. Entry level has a one bedroom efficency, perfect for guests or even rent out separately, with own outside entrance. If you like balconies and decks - this is your happy place. On the living level, there is a large deck off the living room and a balcony off the main level bedroom (great for sunsets). On the next floor there are two bedrooms, each with own deck (one for sunsets, one for sunrises). On the top level, there is a bedroom and a sitting room/den, which could be used as an extra bedroom, and there is a huge balcony with awesome ocean views. Ocean Colony has a beautiful pool, and lots of green common space. This is always one of the most sought-after communities in town. There is carport parking, and also reserved parking and off street permit parking. And the rental potential is huge. Updated kitchen, bathrooms, LVP flooring, BRAND NEW HVAC! Act fast...nothing like this on the market and will go fast!
  1. Listed by Jeannie Betten • Berkshire Hathaway HomeServices PenFed Realty
    P: (443)-365-7021 info@sharingoc.com

Property Details for 5 48th Street, Unit 25

Tax ID Number
2410068649
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Structure Type
Interior Row/Townhouse
Style
Coastal
Levels/Stories
4
Furnished
Yes
LISTING UPDATED: 12/16/2024 10:06 AM

Property Details for 5 48th Street, Unit 25

StatusActive
MLS #MDWO2027194
Days on Market17
Taxes$9,866 / year
HOA Fees-
Condo/Co-op Fees$3,423 / quarter
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1966
CountyWorcester County

Virtual Tour

Building Information for 5 48th Street, Unit 25

Building/ComplexOcean ColonyFloor-Stories4Residences-Pet Policy-Year Built1966

Property Information for 5 48th Street, Unit 25

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: Oceanfront Indirect View (81)
  • OC Cross Street: 48
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: No
  • Water Oriented: Yes
  • Navigable Water: No
  • Tidal Water: No
  • Water Body Type: Ocean
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Condo Coop Name: Ocean Colony
  • HOA Condo Coop Mgmt Type: Professional - Off-site
  • HOA Condo Coop Fee Includes: Ext Bldg Maint, Management, Pool(s), Trash, Water
  • HOA Condo Coop Amenities: Pool - Outdoor, Swimming Pool, Reserved/Assigned Parking, Common Grounds
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $704,933
  • Year Assessed: 2024
  • County Tax: $5,957
  • Improvement Assessed Value: $0
  • City Town Tax: $3,120
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Land Use Code: U
  • Zoning: R-3
  • Tax Lot: 25
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
Rooms
Main
  • # Bedrooms Count Main Level: 1
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 4
  • # Bathrooms Count All Upper Levels: 3
  • # Bathrooms Full All Upper Levels: 3
Upper Level 1
  • # Bedrooms Count Upper Level: 1
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
Upper Level 2
  • # Bedrooms Count Upper Level: 2
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
Upper Level 3
  • # Bedrooms Count Upper Level: 1
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
Rooms
  • Room List: Efficiency (Additional), Bonus Room
  • Stories: Main, Upper 1, Upper 2, Upper 3
Rooms Information
Room 1
  • Room Type: Efficiency (Additional)
  • Room Level: Main
  • Room Exists: Yes
Room 2
  • Room Type: Bonus Room
  • Room Level: Upper 3
  • Room Exists: Yes
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
  • Main Entrance Orientation: North
  • Construction Materials: Mixed
  • Roof: Built-Up
  • Flooring Type: Luxury Vinyl Plank, Partially Carpeted
  • Foundation Details: Slab
  • Room and Floor: Bedrooms-Main Level-1, Bathrooms Full-Main Level-1, Bedrooms-Upper Level 1-1, Bathrooms Full-Upper Level 1-1, Bedrooms-Upper Level 2-1, Bedrooms-Upper Level 2-2, Bathrooms Full-Upper Level 2-1, Bedrooms-Upper Level 3-1, Bathrooms Full-Upper Level 3-1
  • # Bathrooms Full: 4
  • Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Backs - Open Common Area, Poolside
  • Location Type: Oceanside
  • Parcel ID: 5402751
Parking
Parking
  • Type Of Parking: Attached Carport, Parking Lot, Off Street
  • Attached Carport - # of Spaces: 1.0
  • Parking Lot - # of Spaces: 1
  • Off Street - # of Spaces: 1
  • Parking Features: Permit Included, Handicap Parking, Under Home Parking
Interior Features
Interior Features
  • Interior Features: 2nd Kitchen, Bathroom - Walk-In Shower, Ceiling Fan(s), Dining Area, Efficiency, Entry Level Bedroom, Exposed Beams, Walk-in Closet(s)
  • Fireplace: No
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Accessibility Features: Level Entry - Main
  • Laundry Type: Dryer In Unit, Washer In Unit, Main Floor
Exterior Features
Exterior Features
  • Outdoor Living Structures: Balconies- Multiple, Balcony, Deck(s), Patio(s)
  • Pool: Yes - Community
  • Community Pool Features: In Ground
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s), Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • 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 25

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 25

Taxable ValueLand-Additions-Total-
Tax Record2023$9,463 ($789 / month)
Home Facts
Beds0Baths4Total Finished SqFt2,145 SqFtAbove Grade Finished SqFt2,145 SqFtStyleCondominiumYear Built1966ZoningR-3CountyWORCESTERAPN10-068649Fireplace TypeHas Fireplace

Schools near 5 48th Street, Unit 25

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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5 48th Street, Unit 25 is a condo for sale in Ocean City, MD 21842. This property was listed for sale on December 5, 2024 by Berkshire Hathaway HomeServices PenFed Realty, it's currently listed at $1,000,000. It has been on the market for a total of 17 days and was last sold on September 6, 2008. 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. 5 48th Street, Unit 25 is a 5-bed, 4-bath, 2,145 sqft condo built in 1966.

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 Berkshire Hathaway HomeServices PenFed 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 12/16/2024 10:06 AM