12108 Coastal Hwy Unit 304 Ocean City, MD 21842
2
Beds
2
Baths
1,093
Sq Ft
$595/mo
HOA Fee
Highlights
- Water Oriented
- Bay View
- Furnished
- Ocean City Elementary School Rated A
- Coastal Architecture
- Community Pool
About This Home
As of April 2025PLEASE NOTE this is a Fractional Ownership sale. The owner does not own 100% of the condo for this low price but it is turn key to use for 13 weeks per year, on a rotating schedule. The buyer is purchasing a deed for fraction of 1/4 of the full condo deed, so a buyer will be a fractional owner of the unit for use of designated weeks only. NEW PRICE - LOWEST PRICE IN THE QUARTERS...DO NOT WAIT! What an opportunity! Own a getaway in Ocean City for under 40,000? Your "B" quarter fractional deeded ownership of this 2 bedroom 2 bath condo gives you the opportunity to vacation at the beach on a rotation with 13 weeks (on rotation, you get a 2 week Fri-Fri stay totaling 13 weeks per year). You can use yourself, rent out or put into a timeshare program. The open floor plan has a living room, separate dining room, kitchen with breakfast bar, and two good-sized bedrooms. Plus, also has laundry in the condo and is one of few accessible units in building. Located in a very popular part of town, you're close to restaurants (too many to list), grocery, pharmacy, shopping, entertainment and of course, the beach. It is only a short stroll to the sand. The building offers parking and elevator, as well as a storage closet for the unit (and owners have inside own locked storage, too). The pool has a wonderful sundeck. But saved the best for last...included in your condo fees are taxes, insurance, electric (power, heat and a/c), repairs, furnishings, cleaning, linens and regular maintenance. Basically , all operational expenses included! What a unbelievable concept. View the Virtual Tour online for a walk-thru (may be a similar unit but all have same furnishings and carpet has been replaced since video made). Next weeks are JAN 31-FEB 14. Don't miss this incredible alternative to owning a traditional condo in OC. There are no rentals to honor with this sale. Other upcoming weeks include 2025: March 28-April 11, May 23 - June 6, July 18-August 1, Sept 12-Sept 26, Nov 7-Nov 21.
2026: Jan 2-Jan 9, March 3-March 27, May 8-May 22, July 3-July 17, Aug 28-Sept 11, Oct 23-Nov 6, Dec 18-Jan 1.
2027 weeks - Jan 22-29, Feb 26-March 12, April 23-May 6, June 18-July 2, Aug 13-Aug 27, Oct 8-Oct 22. 2028 weeks - Jan 4-Jan 21, Feb 4-Feb 18, March 31-April 14, May 26-June 9, July 28-Aug 4, Sept 15-Sept 29, Nov 10-Nov 24.
2029 weeks - Jan 5-Jan 12, March 2-March 16, April 27-May 11, June 22-July 6, Aug 17-Aug 31, Oct 12-Oct 26.
2030 weeks - Jan 18-25, Feb 15-March 1, April 12-April 26, June 7-June 21, Aug 2-Aug 16, Sept 27-Oct 11, Nov 22-Dec 6.
2031 weeks - Jan 10-Jan 17, Jan 31-Feb 14, March 28-April 11, May 23-June 6, July 18-Aug 1, Sept 12-Sept 26, Nov 7-Nov 21.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices PenFed Realty License #RS-0024733 Listed on: 01/30/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 1987
HOA Fees
- $595 Monthly HOA Fees
Parking
- Parking Lot
Property Views
- Bay
- Canal
Home Design
- Fractional Ownership
- Coastal Architecture
Interior Spaces
- 1,093 Sq Ft Home
- Property has 1 Level
- Furnished
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Water Oriented
- Property near a bay
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Accessible Elevator Installed
- Flood Risk
Listing and Financial Details
- Tax Lot 304
- Assessor Parcel Number 2410304717
Community Details
Overview
- Association fees include air conditioning, appliance maintenance, cable TV, common area maintenance, custodial services maintenance, electricity, exterior building maintenance, heat, insurance, management, pool(s), water, taxes
- Low-Rise Condominium
- The Quarters Condos
- The Quarters Community
- Property Manager
Recreation
- Community Pool
Pet Policy
- Pets Allowed
- Pet Deposit Required
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2025
Closed on
Apr 10, 2025
Sold by
Blauvelt Vanessa M
Bought by
Perry-Giles Michael Alexander and Bustillo Waleska Guissel
Seller's Agent
Jeannie Betten
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$35,000
Sold Price
$32,000
Premium/Discount to List
-$3,000
-8.57%
Views
147
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
$220,659
Avg. Annual Appreciation
170018.94%
Purchase Details
Listed on
Nov 15, 2024
Closed on
Dec 6, 2024
Sold by
Pasco Andrea and Osorio Christopher
Bought by
Purchase Amy and Purchase Philip Scott
Seller's Agent
Matthew Olson
EXP Realty, LLC
Buyer's Agent
Jennifer Ciorrocco
Coastal Life Realty Group LLC
List Price
$37,000
Sold Price
$36,000
Premium/Discount to List
-$1,000
-2.7%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.28%
Purchase Details
Listed on
Feb 4, 2023
Closed on
Mar 17, 2023
Sold by
Desarno William and Desarno Janet
Bought by
Pasco Andrea
Seller's Agent
Joan Walter
Long & Foster Real Estate, Inc.
Buyer's Agent
Matthew Olson
EXP Realty, LLC
List Price
$35,000
Sold Price
$35,000
Views
174
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%
Purchase Details
Listed on
Jun 28, 2022
Closed on
Jul 22, 2022
Sold by
Fang Xie
Bought by
Whitmor Management Llc
Seller's Agent
Jeannie Betten
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Craig R. Lynch
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$30,000
Sold Price
$30,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.72%
Similar Home 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 | $32,000 | Bright Title And Settlement | |
| Deed | $32,000 | Bright Title And Settlement | |
| Deed | $36,000 | None Listed On Document | |
| Deed | $36,000 | None Listed On Document | |
| Deed | $35,000 | -- | |
| Deed | $30,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Sold | $32,000 | -3.0% | $29 / Sq Ft |
| 03/22/2025 03/22/25 | Pending | -- | -- | -- |
| 03/16/2025 03/16/25 | Price Changed | $33,000 | -5.7% | $30 / Sq Ft |
| 02/19/2025 02/19/25 | Price Changed | $35,000 | 0.0% | $32 / Sq Ft |
| 02/19/2025 02/19/25 | For Sale | $35,000 | -2.8% | $32 / Sq Ft |
| 02/19/2025 02/19/25 | Off Market | $36,000 | -- | -- |
| 02/06/2025 02/06/25 | Price Changed | $36,000 | -2.7% | $33 / Sq Ft |
| 01/30/2025 01/30/25 | For Sale | $37,000 | +2.8% | $34 / Sq Ft |
| 12/06/2024 12/06/24 | Sold | $36,000 | -2.7% | $33 / Sq Ft |
| 11/17/2024 11/17/24 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | For Sale | $37,000 | +7.2% | $34 / Sq Ft |
| 01/17/2024 01/17/24 | Sold | $34,500 | 0.0% | $32 / Sq Ft |
| 12/27/2023 12/27/23 | Pending | -- | -- | -- |
| 12/20/2023 12/20/23 | For Sale | $34,500 | -1.4% | $32 / Sq Ft |
| 03/10/2023 03/10/23 | Sold | $35,000 | 0.0% | $32 / Sq Ft |
| 02/08/2023 02/08/23 | Pending | -- | -- | -- |
| 02/04/2023 02/04/23 | For Sale | $35,000 | +16.7% | $32 / Sq Ft |
| 07/22/2022 07/22/22 | Sold | $30,000 | 0.0% | $27 / Sq Ft |
| 06/28/2022 06/28/22 | For Sale | $30,000 | +50.0% | $27 / Sq Ft |
| 11/22/2021 11/22/21 | Sold | $20,000 | -16.7% | $18 / Sq Ft |
| 10/15/2021 10/15/21 | Pending | -- | -- | -- |
| 06/02/2021 06/02/21 | For Sale | $24,000 | -- | $22 / 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 | $1,839 | $131,800 | $0 | $0 |
| 2023 | $1,781 | $126,700 | $63,300 | $63,400 |
| 2022 | $1,781 | $126,700 | $63,300 | $63,400 |
| 2021 | $1,790 | $126,700 | $63,300 | $63,400 |
| 2020 | $1,797 | $126,700 | $63,300 | $63,400 |
| 2019 | $1,802 | $126,700 | $63,300 | $63,400 |
| 2018 | $1,784 | $126,700 | $63,300 | $63,400 |
| 2017 | $1,799 | $126,700 | $0 | $0 |
| 2016 | -- | $126,700 | $0 | $0 |
| 2015 | $2,046 | $126,700 | $0 | $0 |
| 2014 | $2,046 | $136,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeannie Betten
Seller's Agent in 2025
Jeannie Betten
BHHS PenFed (actual)
(443) 365-7021
56 in this area
63 Total Sales
-
Carol Strasfeld
Buyer's Agent in 2025
Carol Strasfeld
Unrepresented Buyer Office
(301) 806-8871
84 in this area
5,636 Total Sales
-
Matthew Olson
M
Seller's Agent in 2024
Matthew Olson
EXP Realty, LLC
(443) 366-0322
4 in this area
50 Total Sales
-
Jennifer Ciorrocco
Buyer's Agent in 2024
Jennifer Ciorrocco
Coastal Life Realty Group LLC
(302) 236-8131
35 in this area
58 Total Sales
-
Joan Walter
J
Seller's Agent in 2023
Joan Walter
Long & Foster
(443) 497-1902
31 in this area
32 Total Sales
-
Craig R. Lynch
Buyer's Agent in 2022
Craig R. Lynch
Berkshire Hathaway HomeServices PenFed Realty - OP
(443) 497-1881
32 in this area
109 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2028294
APN: 10-304717
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