Michael Ross
Newport Bay Realty
(240) 448-4956
49 Total Sales
25 in Ocean City
$230K - $1.2M Price Range
10 135th St Unit 507 Ocean City, MD 21842
Ocean City AreaEstimated Value: $444,000 - $497,000
3
Beds
2
Baths
924
Sq Ft
1973
Built
Highlights
- Water Oriented
- Gourmet Kitchen
- Main Floor Bedroom
- Ocean City Elementary School Rated A
- Open Floorplan
- Furnished
About This Home
As of October 2025Welcome to this beautifully renovated 3-bedroom, 2-bath condo in the sought-after Watergate I community—perfectly situated on the ocean block, just a half block from the beach! Located in vibrant North Ocean City, you're moments from Northside Park, Fenwick Island, and an abundance of restaurants, shops, and entertainment.
Step inside to discover a bright and airy open floor plan, featuring a gourmet kitchen with new appliances, upgraded bathrooms, and stylish new flooring throughout. Major updates include a brand-new HVAC system (installed September 2025) and a new tankless water heater, giving you peace of mind for years to come.
Enjoy breathtaking views of both the ocean and bay from your spacious private balcony, ideal for morning coffee or evening sunsets.
This condo is fully furnished and thoughtfully decorated, offering a truly turnkey experience. Whether you're looking for a vacation getaway, a full-time residence, or an income-producing investment, this property checks every box. With a strong short-term rental history generating over $35,000 annually, it’s a smart choice for savvy buyers. Don't miss this rare opportunity to own a slice of paradise in Ocean City—schedule your showing today!
Last Agent to Sell the Property
(202) 800-3200 broker@remaxdistinctive.com RE/MAX Distinctive Listed on: 09/18/2025
Co-Listed By
(202) 800-3200 broker@remaxdistinctive.com RE/MAX Distinctive License #0225238961
Last Buyer's Agent
(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors License #631872
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,395
Year Built
- Built in 1973 | Remodeled in 2023
HOA Fees
- $413 Monthly HOA Fees
Home Design
- Entry on the 5th floor
- Stucco
Interior Spaces
- 924 Sq Ft Home
- Open Floorplan
- Wet Bar
- Furnished
- Ceiling Fan
- Combination Dining and Living Room
- Luxury Vinyl Plank Tile Flooring
- Exterior Cameras
Kitchen
- Gourmet Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Built-In Range
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry in unit
- Front Loading Dryer
- Front Loading Washer
Parking
- Assigned parking located at #507
- Parking Lot
- Off-Street Parking
- 1 Assigned Parking Space
Outdoor Features
- Outdoor Shower
- Water Oriented
- Property is near a spring
- Exterior Lighting
Utilities
- 90% Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Tankless Water Heater
Additional Features
- Accessible Elevator Installed
- Property is in excellent condition
- Flood Risk
Listing and Financial Details
- Tax Lot 507
- Assessor Parcel Number 2410166691
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds, snow removal, trash
- 48 Units
- Building Winterized
- Mid-Rise Community
- Watergate I (135Th St.) Community
- Watergate Subdivision
- Property has 6 Levels
Pet Policy
- Pets allowed on a case-by-case basis
Additional Features
- Fire and Smoke Detector
- 1 Elevator
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2025
Closed on
Oct 17, 2025
Sold by
Newciti Llc
Bought by
Seller's Agent
Kevin White
RE/MAX Distinctive
Buyer's Agent
John Kantorski
Cummings & Co. Realtors
List Price
$460,000
Sold Price
$465,000
Premium/Discount to List
$5,000
1.09%
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,061
Avg. Annual Appreciation
0.26%
Original Mortgage
$348,750
Outstanding Balance
$346,105
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$119,956
Purchase Details
Listed on
Jun 12, 2023
Closed on
Jul 21, 2023
Sold by
Caballero Maria G
Bought by
Newciti Llc
Seller's Agent
Patricia Nolan
ExecuHome Realty
Buyer's Agent
Kevin White
RE/MAX Distinctive
List Price
$379,900
Sold Price
$379,900
Views
236
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$284,925
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 2009
Sold by
Wilfred Caballero
Bought by
Caballero Maria G
Purchase Details
Closed on
Jun 25, 2003
Sold by
Burns Robert J and Burns Elizabeth M
Bought by
Wilfred Caballero and Caballero Maria G
Purchase Details
Closed on
Feb 20, 1991
Sold by
Lape Charles A
Bought by
Burns Robert J and Burns Elizabeth M
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ocean City, MD
-
Michael Ross
-
Dustin Oldfather
Dustin Oldfather
Compass
(302) 393-2276
1,395 Total Sales
92 in Ocean City
$157K - $1.2M Price Range
-
Tony Golden
Tony Golden
Responds QuicklyBerkshire Hathaway HomeServices PenFed Realty
(302) 248-4650
143 Total Sales
113 in Ocean City
$140K - $1.8M Price Range
-
Holly Worthington
Holly Worthington
Worthington Realty Group, LLC
(443) 493-7652
165 Total Sales
2 in Ocean City
$410K - $540K Price Range
-
Kimberly Bounds
Kimberly Bounds
Coldwell Banker Realty
(410) 896-1073
54 Total Sales
26 in Ocean City
$210K - $1.6M Price Range
-
Natalie Moore
Natalie Moore
Responds QuicklyNorthGroup Real Estate LLC
(443) 432-2423
68 Total Sales
1 in Ocean City
$622,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $465,000 | Lawyers Express Title | ||
| Newciti Llc | $379,900 | Lakeside Title | |
| Caballero Maria G | -- | -- | |
| Wilfred Caballero | $295,000 | -- | |
| Burns Robert J | $78,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $348,750 | ||
| Previous Owner | -- | $284,925 | |
| Previous Owner | Caballero Wilfred | $279,500 | |
| Previous Owner | Caballero Wilfred | $268,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/17/2025 10/17/25 | Sold | $465,000 | +1.1% | $503 / Sq Ft | |
| 09/21/2025 09/21/25 | Pending | -- | -- | -- | |
| 09/18/2025 09/18/25 | For Sale | $460,000 | +21.1% | $498 / Sq Ft | |
| 07/21/2023 07/21/23 | Sold | $379,900 | 0.0% | $411 / Sq Ft | View Prior Sale |
| 06/24/2023 06/24/23 | Pending | -- | -- | -- | |
| 06/12/2023 06/12/23 | For Sale | $379,900 | 0.0% | $411 / Sq Ft | |
| 08/21/2020 08/21/20 | Rented | $1,450 | 0.0% | -- | |
| 12/26/2019 12/26/19 | Off Market | $1,450 | -- | -- | |
| 11/14/2019 11/14/19 | For Rent | $1,450 | 0.0% | -- | |
| 10/25/2019 10/25/19 | Off Market | $1,450 | -- | -- | |
| 08/27/2019 08/27/19 | For Rent | $1,450 | -- | -- |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,382 | $373,200 | $186,600 | $186,600 |
| 2025 | $4,382 | $320,867 | $0 | $0 |
| 2024 | $3,747 | $268,533 | $0 | $0 |
| 2023 | $3,038 | $216,200 | $108,100 | $108,100 |
| 2022 | $3,038 | $216,200 | $108,100 | $108,100 |
| 2021 | $3,055 | $216,200 | $108,100 | $108,100 |
| 2020 | $3,055 | $216,200 | $108,100 | $108,100 |
| 2019 | $3,076 | $216,200 | $108,100 | $108,100 |
| 2018 | $3,045 | $216,200 | $108,100 | $108,100 |
| 2017 | $3,106 | $219,900 | $0 | $0 |
| 2016 | -- | $214,667 | $0 | $0 |
| 2015 | $3,060 | $209,433 | $0 | $0 |
| 2014 | $3,060 | $204,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin White
Seller's Agent in 2025
Kevin White
RE/MAX
(301) 332-2004
118 Total Sales
-
Karen Vermeulen
Seller Co-Listing Agent in 2025
Karen Vermeulen
RE/MAX
(301) 980-1013
51 Total Sales
-
John Kantorski
Buyer's Agent in 2025
John Kantorski
Cummings & Co Realtors
(410) 458-6312
247 Total Sales
-
Patricia Nolan
Seller's Agent in 2023
Patricia Nolan
ExecuHome Realty
(443) 277-4852
36 Total Sales
-
Grace Masten
Seller's Agent in 2020
Grace Masten
Sea Grace @ North Beach Realtors
(443) 614-3901
61 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2033446
APN: 10-166691
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