Bay Princess 110 81st St Unit 415 Ocean City, MD 21842
3
Beds
2.5
Baths
1,715
Sq Ft
$818/mo
HOA Fee
Highlights
- 85 Feet of Waterfront
- Penthouse
- Bay View
- Ocean City Elementary School Rated A
- Water Oriented
- Coastal Architecture
About This Home
As of August 2022This rare 3-bedroom, 3-bathroom luxury condo offers sweeping views of the bay and wetlands, amazing sunsets, a glimpse of the ocean (just two short blocks away), large balcony, and heated outdoor pool--just a stone's throw from the bay. This beautiful unit is in a well-maintained, freshly painted building with a traffic light at the corner for an easy walk to the beach or nearby restaurants. The covered parking garage provides two parking spaces and easy access to one of four elevators. This is a rare opportunity to own a penthouse unit in the coveted Bay Princess, located in the popular hub of Ocean City.
Last Agent to Sell the Property
Keller Williams Realty License #676130 Listed on: 06/29/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,725
Year Built
- Built in 1986
Lot Details
- Extensive Hardscape
- Property is in excellent condition
HOA Fees
- $818 Monthly HOA Fees
Parking
- Assigned Parking Garage Space
- Parking Lot
Property Views
- Scenic Vista
Home Design
- Penthouse
- Coastal Architecture
- Contemporary Architecture
Interior Spaces
- 1,715 Sq Ft Home
- Property has 1 Level
- Flood Lights
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Outdoor Features
- Water Oriented
- Property near a bay
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 415
- Assessor Parcel Number 2410299306
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), reserve funds, trash
- $75 Other One-Time Fees
- Low-Rise Condominium
- Bay Princess Community
Amenities
- Elevator
Recreation
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2022
Closed on
Aug 24, 2022
Sold by
Kunath Frances G
Bought by
Gibson Matthew and Gibson Meagan
Seller's Agent
Sandra Erbe
Keller Williams Realty
Buyer's Agent
Raymond Johnson
Cummings & Co. Realtors
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
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
$77,527
Avg. Annual Appreciation
4.54%
Purchase Details
Listed on
Apr 25, 2017
Closed on
Jun 5, 2017
Sold by
Freedenburg Paul T and Cain Jane L
Bought by
Kunath France G and Kunath Robert D
Seller's Agent
Stephen Cain
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Katie Quinn
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$327,750
Interest Rate
4.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 26, 2006
Sold by
Freedenburg Helen M
Bought by
Helen M Freedenburg Revocable and Trust
Purchase Details
Closed on
Sep 5, 2006
Sold by
Freedenburg Helen M
Bought by
Helen M Freedenburg Revocable and Trust
Purchase Details
Closed on
Dec 11, 1987
Sold by
81St Street Partnership
Bought by
Freedenburg Helen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
10.66%
Similar Homes in Ocean City, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $560,000 | Endeavor Title | |
| Deed | $345,000 | Capitol Title Ins Agency Inc | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $141,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $217,000 | New Conventional | |
| Previous Owner | $327,750 | New Conventional | |
| Previous Owner | $85,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2025 05/17/25 | Price Changed | $649,900 | +2.3% | $379 / Sq Ft |
| 05/17/2025 05/17/25 | For Sale | $635,000 | +13.4% | $370 / Sq Ft |
| 08/24/2022 08/24/22 | Sold | $560,000 | +1.8% | $327 / Sq Ft |
| 07/14/2022 07/14/22 | Pending | -- | -- | -- |
| 06/29/2022 06/29/22 | For Sale | $550,000 | +59.4% | $321 / Sq Ft |
| 06/05/2017 06/05/17 | Sold | $345,000 | -1.4% | $201 / Sq Ft |
| 05/06/2017 05/06/17 | Pending | -- | -- | -- |
| 04/25/2017 04/25/17 | For Sale | $350,000 | -- | $204 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $5,623 | $403,000 | $0 | $0 |
| 2023 | $4,714 | $334,400 | $167,200 | $167,200 |
| 2022 | $4,388 | $334,400 | $167,200 | $167,200 |
| 2021 | $4,331 | $334,400 | $167,200 | $167,200 |
| 2020 | $4,172 | $334,400 | $167,200 | $167,200 |
| 2019 | $4,185 | $316,667 | $0 | $0 |
| 2018 | $4,011 | $298,933 | $0 | $0 |
| 2017 | $3,992 | $281,200 | $0 | $0 |
| 2016 | -- | $281,200 | $0 | $0 |
| 2015 | $4,528 | $281,200 | $0 | $0 |
| 2014 | $4,528 | $300,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dave Whittington
Seller's Agent in 2025
Dave Whittington
Coastal Life Realty Group LLC
(410) 430-5283
153 in this area
180 Total Sales
-
Anthony Golden
Seller's Agent in 2025
Anthony Golden
BHHS PenFed (actual)
(443) 783-0249
172 in this area
201 Total Sales
-
Carol Proctor
Seller Co-Listing Agent in 2025
Carol Proctor
BHHS PenFed (actual)
(443) 567-0650
419 in this area
578 Total Sales
-
Sandra Erbe
Seller's Agent in 2022
Sandra Erbe
Keller Williams Realty
(443) 848-3004
12 in this area
56 Total Sales
-
Raymond Johnson
Buyer's Agent in 2022
Raymond Johnson
Cummings & Co Realtors
(410) 491-9384
1 in this area
124 Total Sales
-
Stephen Cain
Seller's Agent in 2017
Stephen Cain
Berkshire Hathaway HomeServices PenFed Realty - OP
(443) 783-1483
13 in this area
76 Total Sales
About Bay Princess
Map
Source: Bright MLS
MLS Number: MDWO2008864
APN: 10-299306
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