NOT LISTED FOR SALE

1223 Edgewater Ave Unit 301 Ocean City, MD 21842

Estimated Value: $404,000 - $462,000

2 Beds
2 Baths
989 Sq Ft
392 Sq Ft Lot Lot

Sale Details

Date Sold: September 28, 2020

Last sale price $315,000 $319 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,830 / mo

1 Day on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • Canoe or Kayak Water Access
  • Bay View

About This Home

As of September 2020

Welcome home to where exceptional water views and prime location collectively exist. This 2 bedroom, 2 full bath condo with boat slip is located right on the bay and located directly across from the White Marlin Open weigh-in station. The open and sun-bathed family room is adorned with an electric fireplace and glass slider opening to stunning views. Kitchen is complete with a plethora of storage and wrap around counter with overhang for seating. Dining room provides ample space for gathering over a meal. Primary bedroom boasts decorative crown molding, personal balcony, and en-suite bath. Enjoy watching the sunset over the water or sip a cup of morning coffee on the rear balcony while feeling the refreshing breezes off the bay. This prime Ocean City location is only a short walk from the beach and boardwalk. Experience some of Ocean City's most popular restaurants and shops while you make this beautiful condo your primary residence or lovely vacation home.

Last Agent to Sell the Property

Rob Culotta

(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors Listed on: 08/27/2020

Cummings & Co. Realtors

Last Buyer's Agent

Dakota Wendling

(410) 429-7425 dakota@ddwrealestate.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,423

Year Built

  • Built in 1973

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Property is in very good condition

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 3rd floor
  • Stucco

Interior Spaces

  • 989 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Crown Molding
  • Ceiling Fan
  • Fireplace Mantel
  • Vinyl Clad Windows
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Bay Views

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Canoe or Kayak Water Access
  • Property near a bay
  • Personal Watercraft
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Powered Boats Permitted
  • Multiple Balconies

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 301
  • Assessor Parcel Number 10-038340

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, trash
  • Low-Rise Community
  • Mariner's Wharf Community

Recreation

  • Fishing Allowed

Additional Features

  • Common Area
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,423

Year Built

Built in 1973

Lot Details

392 Sq Ft Lot

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Icemaker, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Bar, Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Galley, Kitchen - Island, Primary Bath(s), Walk-In Closet(s)
  • Window Features: Insulated, Screens, Vinyl Clad
  • Fireplace Features: Mantel(s)
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 989
  • Living Area Sq Ft: 989
  • Price Per Sq Ft: 318.50
  • Above Grade Finished Sq Ft: 989
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Stucco
  • View: Bay
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 167.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Trash
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Very Good
  • Zoning: CM
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5400278
  • Tax Annual Amount: 3423.00
  • Assessor Parcel Number: 10-038340
  • Tax Lot: 301
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

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

Closed on
Apr 10, 2025
Sold by
Bought by
Current Estimated Value
$433,604

Purchase Details

Listed on
Aug 27, 2020
Closed on
Sep 28, 2020
Sold by
Bought by
Seller's Agent
Rob Culotta
Cummings & Co. Realtors
Buyer's Agent
Dakota Wendling
Compass
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$283,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jan 19, 2018
Sold by
Bought by
Seller's Agent
Terri Moran
Coldwell Banker Realty
Buyer's Agent
Terri Moran
Coldwell Banker Realty
List Price
$349,900
Sold Price
$285,000
Premium/Discount to List
-$64,900
-18.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%

Purchase Details

Closed on
Jun 2, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 1986
Sold by
Bought by

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
9.98%

Purchase Details

Closed on
Nov 5, 1981
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Listed On Document
-- None Listed On Document
$315,000 Sage Title Group Llc
$285,000 None Available
$139,900 --
$110,000 --
$73,000 --
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
Previous Owner $283,500
Previous Owner $85,000
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
09/28/2020 09/28/20 Sold $315,000 0.0% $319 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $315,000 +10.5% $319 / Sq Ft
01/19/2018 01/19/18 Sold $285,000 -5.0% $271 / Sq Ft View Prior Sale
12/09/2017 12/09/17 Pending -- -- --
11/04/2017 11/04/17 Price Changed $299,900 -14.3% $286 / Sq Ft
04/22/2017 04/22/17 For Sale $349,900 -- $333 / Sq Ft
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
2025 $3,871 $283,467 $0 $0
2024 $3,564 $255,433 $0 $0
2023 $3,196 $227,400 $113,700 $113,700
2022 $3,196 $227,400 $113,700 $113,700
2021 $3,213 $227,400 $113,700 $113,700
2020 $3,423 $242,300 $121,100 $121,200
2019 $3,231 $227,133 $0 $0
2018 $2,985 $211,967 $0 $0
2017 $2,794 $196,800 $0 $0
2016 -- $196,800 $0 $0
2015 $3,014 $196,800 $0 $0
2014 $3,014 $208,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO116262

Bright MLS

APN: 10-038340

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