14 40th St Unit 303 Ocean City, MD 21842
1
Bed
1
Bath
616
Sq Ft
$267/mo
HOA Fee
Highlights
- Water Views
- Building is oceanfront but unit may not have water views
- Luxury Vinyl Plank Tile Flooring
- Ocean City Elementary School Rated A
- Paneling
- Central Air
About This Home
As of May 2025Welcome to your perfect beach retreat! This 1-bedroom, 1-bathroom condo is just steps from the sand, offering the ideal location and convenience. Located on the ocean block, this unit boasts beautiful views from the deck, where you can relax and enjoy the sights and sounds of the ocean breeze.Inside, you'll find a bright and airy living space with an open floor plan, perfect for a weekend getaway or a full-time beach lifestyle. With easy beach access and close proximity to dining, shopping, and entertainment, this is a fantastic opportunity for investment, vacation living, or year-round enjoyment.Don’t miss out on this seaside gem—schedule your showing today!
Last Agent to Sell the Property
Hileman Real Estate-Berlin License #RS0015490 Listed on: 02/14/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,977
Year Built
- Built in 1983
HOA Fees
- $267 Monthly HOA Fees
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 616 Sq Ft Home
- Property has 1 Level
- Paneling
- Water Views
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Laminate
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
- Off-Street Parking
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Additional Features
- Building is oceanfront but unit may not have water views
- Flood Risk
Listing and Financial Details
- Tax Lot 303
- Assessor Parcel Number 2410229626
Community Details
Overview
- Association fees include insurance, reserve funds, common area maintenance, exterior building maintenance, snow removal, trash
- Low-Rise Condominium
- Ocean Point I Condos
- Built by Ocean Point I
- Ocean Point I Community
- Property Manager
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2025
Closed on
May 9, 2025
Sold by
Mantzouranis Condominium Llc
Bought by
Williams Tonya Nicole
Seller's Agent
Bethany Drew
Hileman Real Estate-Berlin
Buyer's Agent
Brigit Taylor
Keller Williams Realty
List Price
$259,900
Sold Price
$255,000
Premium/Discount to List
-$4,900
-1.89%
Views
31
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
$749
Avg. Annual Appreciation
0.95%
Original Mortgage
$229,500
Outstanding Balance
$229,095
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$26,654
Purchase Details
Closed on
Jun 29, 2006
Sold by
Mantzouranis Constantinos D
Bought by
Mantzouranis Condominium Llc
Purchase Details
Closed on
Jun 3, 2006
Sold by
Mantzouranis Constantinos D
Bought by
Mantzouranis Condominium Llc
Purchase Details
Closed on
Apr 2, 1991
Sold by
Sturgeon William H
Bought by
Mantzouranis Constantinos D
Purchase Details
Closed on
Aug 17, 1984
Sold by
Meoli Anthony J
Bought by
Sturgeon William H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
14.39%
Similar Homes in Ocean City, MD
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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 | $255,000 | Lakeside Title | |
| Deed | $255,000 | Lakeside Title | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $48,000 | -- | |
| Deed | $56,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $229,500 | New Conventional | |
| Closed | $229,500 | New Conventional | |
| Previous Owner | $50,400 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $255,000 | -1.9% | $414 / Sq Ft |
| 02/14/2025 02/14/25 | For Sale | $259,900 | -- | $422 / 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 |
|---|---|---|---|---|
| 2025 | $1,971 | $163,033 | $0 | $0 |
| 2024 | $1,971 | $141,267 | $0 | $0 |
| 2023 | $1,679 | $119,500 | $59,700 | $59,800 |
| 2022 | $1,679 | $119,500 | $59,700 | $59,800 |
| 2021 | $1,689 | $119,500 | $59,700 | $59,800 |
| 2020 | $1,688 | $119,500 | $59,700 | $59,800 |
| 2019 | $1,700 | $119,500 | $59,700 | $59,800 |
| 2018 | $1,683 | $119,500 | $59,700 | $59,800 |
| 2017 | $1,740 | $123,200 | $0 | $0 |
| 2016 | -- | $123,200 | $0 | $0 |
| 2015 | $1,892 | $123,200 | $0 | $0 |
| 2014 | $1,892 | $126,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bethany Drew
Seller's Agent in 2025
Bethany Drew
Hileman Real Estate-Berlin
(410) 430-2602
130 in this area
478 Total Sales
-
Brigit Taylor
Buyer's Agent in 2025
Brigit Taylor
Keller Williams Realty
(302) 500-0750
11 in this area
75 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2028656
APN: 10-229626
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