505 Penguin Drive, Unit 8
Ocean City, MD 21842
$474,900
Price
2
Beds
1
Bath
1
1/2 Bath
1,033 Sq. Ft.
$460 / Sq. Ft.
1,033
Sq. Ft.
$460
per Sq. Ft.
Open: 11/9 02:00PM - 04:30PM
Virtual Tour
Open: 11/9 02:00PM - 04:30PM
Virtual Tour
Description
This meticulously maintained two-story waterfront townhome offers the ultimate coastal living experience with direct canal access and a 7,000lb boat lift. This beautifully remodeled 2BR unit features tasteful coastal décor and paint colors, creating a bright and airy ambiance that complements its serene surroundings. Enjoy the privacy of a townhome with no shared walls above or below, offering a quiet and peaceful retreat. Fully furnished with only a few exclusions, this home is truly turn-key, allowing...This meticulously maintained two-story waterfront townhome offers the ultimate coastal living experience with direct canal access and a 7,000lb boat lift. This beautifully remodeled 2BR unit features tasteful coastal décor and paint colors, creating a bright and airy ambiance that complements its serene surroundings. Enjoy the privacy of a townhome with no shared walls above or below, offering a quiet and peaceful retreat. Fully furnished with only a few exclusions, this home is truly turn-key, allowing you to move in and start enjoying the waterfront lifestyle right away. The updates include newer cabinetry, countertops, and appliances in the kitchen, composite decking on both the first and second-floor outdoor spaces, offering durability and low maintenance for years to come. The spacious outdoor living areas are perfect for dining, entertaining, or simply relaxing by the water. This townhome is part of a self-managed association with reasonable condo fees, ensuring that the property remains well-maintained and offering peace of mind for homeowners. The association owns the grassy lot across from the building, which is available for owners to park trailers and other items. You love this location, situated just a short distance to the beach, and offers easy access to the area's best amusements and great dining options. Whether you're looking to relax by the shore, explore local attractions, or enjoy a night out, this location is convenient to it all. Don't miss out on this opportunity to own an immaculate waterfront home with excellent boating access, modern conveniences, and plenty of outdoor space. Contact us today for a private tour and see why this townhome truly feels like home!
- Listed by Whitney Jarvis • Coldwell Banker RealtyP: (443)-944-3073 wjarvis@cbmove.com
Property Details for 505 Penguin Drive, Unit 8
Tax ID Number
10-211751
OwnershipCondominium
Condo Coop AssociationYes
HOANo
Structure TypeInterior Row/Townhouse
StyleSide-by-Side
Levels/Stories2
FurnishedYes
Open Houses
Saturday, Nov 9th
2:00 PM - 4:30 PM
Public
LISTING UPDATED: 11/08/2024 08:54 AM
Property Details for 505 Penguin Drive, Unit 8
| Status | Active |
|---|---|
| MLS # | MDWO2023568 |
| Days on Market | 40 |
| Taxes | $2,912 / year |
| HOA Fees | - |
| Condo/Co-op Fees | $3,400 / year |
| Compass Type | Condo |
| MLS Type | Residential / Condo |
| Year Built | 1981 |
| County | Worcester County |
Virtual Tour
Building Information for 505 Penguin Drive, Unit 8
Building/ComplexMallard LandingFloor-Stories2Residences-Pet Policy-Year Built1981
Property Information for 505 Penguin Drive, Unit 8
Location
Location
- In City Limits: Yes
- School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
- School District County ID: 121138066543
- SchoolDistrictSource: Listing Agent
- High School: STEPHEN DECATUR (WORCESTER MD)
- County: WORCESTER
- MLS Area: Bayside Waterfront (84)
- OC Cross Street: 32
Waterfront / Water Access
Waterfront / Water Access
- Water View: Yes
- Water Access: Yes
- Water Access Features: Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Boat - Powered
- Water Oriented: Yes
- Navigable Water: Yes
- Tidal Water: Yes
- Water Body Type: Canal
- Water Frontage In Feet: 15.0
- Docks Count: 1
- Dock Type and Features: Pier (Perpendicular), Private, Single Slip, Hoist/Lift Electric
- Dock/Slip Conveys Y/N: true
- Dock/Slip Conveyance: Assigned
- Slips Count: 1
Association / Community Info
Association / Community Info
- Condo Coop Name: Mallard Landing
- HOA Condo Coop Mgmt Type: Owner/Self-Management
- HOA Condo Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pier/Dock Maintenance, Reserve Funds
- HOA Condo Coop Amenities: Common Grounds, Reserved/Assigned Parking, Boat Dock/Slip
- Property Manager Y/N: No
- Senior Community: No
- Association Recreation Fee Y/N: No
- Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2024
- Tax Assessed Value: $206,600
- Year Assessed: 2023
- County Tax: $1,746
- City Town Tax: $935
- Clean Green Assessed: No
- Municipal Trash: Yes
- Zoning: R-2
- Tax Lot: 4413
- Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
- Pets Allowed: Yes
- Pet Restrictions: Dogs OK, Cats OK
Rooms
Main
- # Bathrooms Count Main Level: 1
- # Bathrooms Half Main Level: 1
All Upper Levels
- # Bedrooms Count All Upper Levels: 2
- # Bathrooms Count All Upper Levels: 1
- # Bathrooms Full All Upper Levels: 1
- # Bathrooms Half All Upper Levels: 0
Upper Level 1
- # Bedrooms Count Upper Level: 2
- # Bathrooms Count Upper Level: 1
- # Bathrooms Full Upper Level: 1
- # Bathrooms Half Upper Level: 0
Rooms
- Stories: Main, Upper 1
Building Info
Building Info
- Total Finished SQFT: 1,033.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 1,033.00
- Total SQFT Source: Estimated
- Main Entrance Orientation: North
- Construction Materials: Brick, Frame, Stick Built, Vinyl Siding
- Roof: Asphalt
- Flooring Type: Ceramic Tile, Carpet
- Foundation Details: Crawl Space
- Room and Floor: Bathrooms Half-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bathrooms Full-Upper Level 1-1
- # Bathrooms Full: 1
- # Bathrooms Half: 1
- Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
- Lot Features: Additional Lot(s)
- Location Type: Canal
Parking
Parking
- Type Of Parking: On Street, Off Street
- Off Street - # of Spaces: 1
- Parking Features: General Common Elements, Paved Parking
Interior Features
Interior Features
- Interior Features: Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Primary Bedroom - Bay Front, Window Treatments
- Fireplace: No
- Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Icemaker, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater, ENERGY STAR Refrigerator
- Accessibility Features: Level Entry - Main
- Laundry Type: Main Floor
- Virtual Tour URL Unbranded: https://unbranded.youriguide.com/8_505_penguin_dr_ocean_city_md/
Exterior Features
Exterior Features
- Outdoor Living Structures: Balconies- Multiple
- Pool: No Pool
Utilities
Utilities
- Heating: Yes
- Cooling Type: Ceiling Fan(s), Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- Electric Service: 220 Volts
Confidential Data
Listing Office
- List Agent AOR: Coastal Association of REALTORS (MD)
- List Agent URL: www.WhitneyJarvis.com
Property History for 505 Penguin Drive, Unit 8
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 505 Penguin Drive, Unit 8
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.
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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 Coldwell Banker 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 11/08/2024 08:54 AM