$340,000

1512 Shad Row Unit 2 Ocean City, MD 21842

Estimated payment $2,012/month

Total Views 29,255
2 Beds
1 Bath
603 Sq Ft
$564 Price per Sq Ft

Highlights

  • 50 Feet of Waterfront
  • 4 Dock Slips
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • Access to Tidal Water
  • Canal View

About This Home

What a great place to take your boat and get out on the bay! 2 BRs, 1 Bath and all updated appliances and flooring. All Brand new furnishings. The unit is part of a 4 unit condo building. Owners can share the bulkhead and tie up at the pier, built by the owners. It's a nice getaway for you and kids , and the new furnishings . Only 4 blocks to the beach. So for the price of $350,000, you have a sweet place to enjoy the bay and beach areas. Very clean and ready for you to move in. Walking distance to downtown and all the amenities.

Listing Agent

Kathryn Beck

(410) 925-6603 kathryn.beck@longandfoster.com Long & Foster Real Estate, Inc. License #69879 Listed on: 12/28/2024

Long & Foster Real Estate, Inc.

Co-Listing Agent

Charles Rappa

(302) 328-7050 charles.rappa@longandfoster.com Long & Foster Real Estate, Inc. License #667455

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,423

Year Built

  • Built in 1972 | Remodeled in 2024

Lot Details

  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Two or More Common Walls
  • South Facing Home
  • Landscaped
  • Cleared Lot
  • Property is in very good condition

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Rubber Roof
  • Stick Built Home

Interior Spaces

  • 603 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Combination Kitchen and Dining Room
  • Engineered Wood Flooring
  • Canal Views
  • Exterior Cameras
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property near a bay
  • Bulkhead
  • 4 Dock Slips
  • Physical Dock Slip Conveys
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Multiple cooling system units
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Flood Risk

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2410238919

Community Details

Overview

  • Association fees include insurance, lawn care rear, lawn care side, lawn maintenance, management, common area maintenance, exterior building maintenance
  • 4 Units
  • Low-Rise Condominium
  • Shad Row Condos
  • Dockside Community

Recreation

  • Boat Dock
  • Fishing Allowed

Pet Policy

  • Pets Allowed

Security

  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,423

Year Built

Built in 1972 | Remodeled in 2024

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Condominium
  • Exclusions: Diving Helmet and Surf Board
  • Historic: No
  • Inclusions: Furnishings negotiable
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Year Renovated: 2024
  • Building Winterized: No
  • Remarks Public: What a great place to take your boat and get out on the bay! 2 BRs, 1 Bath and all updated appliances and flooring. All Brand new furnishings. The unit is part of a 4 unit condo building. Owners can share the bulkhead and tie up at the pier, built by the owners. It's a nice getaway for you and kids , and the new furnishings . Only 4 blocks to the beach. So for the price of $350,000, you have a sweet place to enjoy the bay and beach areas. Very clean and ready for you to move in. Walking distance to downtown and all the amenities.
  • Washer Dryer Hookups YN: No
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Flooring Type: Engineered Wood
  • Interior Amenities: Bathroom - Stall Shower, Ceiling Fan(s), Combination Kitchen/Dining, Upgraded Countertops
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Sliding Glass, Storm, Energy Star Qualified Door(s)
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 4
  • Levels Count: 2
  • Room Count: 3
  • Basement: No
  • Total Sq Ft: 603
  • Living Area Sq Ft: 603
  • Price Per Sq Ft: 563.85
  • Above Grade Finished Sq Ft: 603
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1512

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Combination, Stick Built, Mixed Plumbing
  • Exterior Features: Bbq Grill, Exterior Lighting
  • Roof: Rubber
  • Spa: No
  • View: Canal
  • Water Access Features: Fishing Allowed
  • Water Access: Yes
  • Water Body Name: Assawoman
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Multi Units
  • Monthly Average Electric: 24
  • Previous Twelve Months Electric Expense: 288.00
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone Available, Sewer Available, Water Available
  • Monthly Water Average: 60
  • Water Previous Twelve Months: 720.00
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1000.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Shad Row
  • HOA Condo Co-Op Amenities: Boat Dock/Slip
  • HOA Condo Co-Op Fee Includes: Insurance, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Common Area Maintenance, Ext Bldg Maint
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Land Use Code: U
  • Lot Features: Bulkheaded, Cleared, Fishing Available, Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1423.00
  • Assessor Parcel Number: 2410238919
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 603
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,419 $111,133 $0 $0
2024 $1,419 $101,667 $0 $0
2023 $1,296 $92,200 $46,100 $46,100
2022 $1,296 $92,200 $46,100 $46,100
2021 $1,303 $92,200 $46,100 $46,100
2020 $1,303 $92,200 $46,100 $46,100
2019 $1,312 $92,200 $46,100 $46,100
2018 $1,299 $92,200 $46,100 $46,100
2017 $1,302 $92,200 $0 $0
2016 -- $92,200 $0 $0
2015 $1,563 $92,200 $0 $0
2014 $1,563 $105,500 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2025 04/21/25 Price Changed $340,000 -2.9% $564 / Sq Ft
12/28/2024 12/28/24 For Sale $350,000 -- $580 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Deed -- --
Deed $41,000 --
Source: Public Records

Source: Bright MLS

MLS Number: MDWO2027566

Bright MLS

APN: 10-238919