$799,000
SOLD MAR 7, 2025

1515 Saint Louis Ave Unit 301 Ocean City, MD 21842

4 Beds
3.5 Baths
2,361 Sq Ft
$631/mo HOA Fee

Recently Sold

$338 Per Sq Ft

11% Below List Price

498 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Primary bedroom faces the bay
  • Access to Tidal Water
  • Ocean City Elementary School Rated A
  • Pier or Dock
  • Gourmet Kitchen

About This Home

As of March 2025

MOTIVATED SELLERS !!!!!Recent Price Drop. Go and take a look you will not be disappointed!!!!!! This extraordinary 3rd floor penthouse condo is one of the nicest properties you will find in the area. No expense has been spared and no detail left unfinished in this 4 bedroom, 3 and a half bath unit. As you approach the front door, spectacular views of mid-town Ocean City, the boardwalk and the ocean await. Upon entering you are greeted with wide hallways and an open floor plan. Large 18 x 18 tiles welcome you into a luxurious beach setting with custom Tommy Bahama furniture that conveys with the unit. 9' ceilings make this condo feel even more roomy than it is. An extra large laundry room makes the task less daunting with plenty of room to move around. As you enter the updated chef's kitchen you are drawn to the dramatic views from the 35' wide deck featuring bay and canal views. The sunsets are simply amazing. A master electronic control unit allows full control for everything from heat and AC to the tv and the lights with an easy to use touchpad. The premium carpet throughout makes the condo feel warm and inviting. Custom plantation shutters and a high end UV protectant on all the windows keeps the suns glare down. A generous storage closet complete with cabinets is on the same floor as the condo (and shared with the unit next door) is a great place to store all that beach gear. The present owners have spared no expense and it really shows. Make this a must see penthouse. Never rented. Boat Slip and Dock Accessibility as well as parallel Docking available.

Last Agent to Sell the Property

Spike Sands

(443) 235-0489 spikesands@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS-0038938 Listed on: 09/14/2023

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Candi Noyes

(410) 524-1203 candi@candinoyes.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,571

Year Built

  • Built in 2006 | Remodeled in 2015

Lot Details

  • 60 Feet of Waterfront
  • Home fronts navigable water
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $631 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Architectural Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,361 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Doors
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room

Kitchen

  • Gourmet Kitchen
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary bedroom faces the bay
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Private Parking
  • Lighted Parking
  • Parking Lot
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Public Water Access
  • Property is near a canal
  • Balcony
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater
  • Public Septic
  • Phone Available
  • Cable TV Available

Additional Features

  • Halls are 36 inches wide or more
  • Energy-Efficient Windows

Listing and Financial Details

  • Tax Lot 301
  • Assessor Parcel Number 2410752302

Community Details

Overview

  • Association fees include common area maintenance, management, pier/dock maintenance, reserve funds, exterior building maintenance
  • Low-Rise Condominium
  • Anchors Aweigh Condos
  • Anchors Aweigh Community
  • Property Manager

Amenities

  • Elevator

Recreation

  • Pier or Dock

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,571

Year Built

Built in 2006 | Remodeled in 2015

Lot Details

0

HOA Fees

$631 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Condominium
  • Exclusions: All outdoor furniture on front and back decks. See Inventory list in the documents tab for additional items.
  • Inclusions: Sold Furnished
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-09-15
  • Federal Flood Zone: No
  • Year Built: 2006
  • Year Renovated: 2015
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - High-Efficiency
  • Entry Floor: 4
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Combination Kitchen/Dining, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Primary Bedroom - Bay Front, Kitchen - Gourmet, Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-In Closet(s)
  • Window Features: Double Pane, Energy Efficient
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Energy Star Qualified Door(s), Storm
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Levels Count: 4
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2361
  • Living Area Sq Ft: 2361
  • Price Per Sq Ft: 359.59
  • Above Grade Finished Sq Ft: 2361
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Concrete, Vinyl Siding
  • Exterior Features: Outside Shower, Secure Storage, Exterior Lighting, Street Lights
  • Roof: Architectural Shingle
  • Water Access Features: Canoe/Kayak, Public Access
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 60

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Asphalt Driveway, Assigned, Lighted Parking, Private, Under Home Parking
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Septic
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1894.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Anchors Aweigh
  • HOA Condo Co-Op Amenities: Elevator, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pier/Dock Maintenance, Reserve Funds, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

  • Elementary 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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 6571.00
  • Assessor Parcel Number: 2410752302
  • Tax Lot: 301
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Mar 6, 2025
Sold by
Pma Beach Llc and Peregoy Michael
Bought by
Gsw Villas Llc
Seller's Agent
Spike Sands
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Candi Noyes
Coldwell Banker Realty
List Price
$899,900
Sold Price
$799,000
Premium/Discount to List
-$100,900
-11.21%
Views
242
Current Estimated Value
$794,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,446
Avg. Annual Appreciation
-0.87%

Purchase Details

Closed on
Aug 16, 2012
Sold by
Mattes Frank J
Bought by
Pma Beach Llc

Purchase Details

Closed on
Apr 25, 2008
Sold by
1515 St Louis Avenue Llc
Bought by
Mattes Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2008
Sold by
1515 St Louis Avenue Llc
Bought by
Mattes Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Deed $799,000 Ocean Investments Title
Deed $799,000 Ocean Investments Title
Deed $395,000 None Available
Deed $500,000 --
Deed $500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $400,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2025 03/07/25 Sold $799,000 -5.9% $338 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
09/06/2024 09/06/24 Price Changed $849,000 -3.5% $360 / Sq Ft
04/03/2024 04/03/24 Price Changed $879,900 -2.2% $373 / Sq Ft
09/14/2023 09/14/23 For Sale $899,900 -- $381 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $7,200 $527,233 $0 $0
2024 $6,808 $487,867 $0 $0
2023 $6,322 $448,500 $224,200 $224,300
2022 $6,303 $448,500 $224,200 $224,300
2021 $6,338 $448,500 $224,200 $224,300
2020 $6,571 $465,100 $232,500 $232,600
2019 $6,617 $465,100 $232,500 $232,600
2018 $6,551 $465,100 $232,500 $232,600
2017 $6,570 $465,100 $0 $0
2016 -- $460,367 $0 $0
2015 $5,411 $455,633 $0 $0
2014 $5,411 $450,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2016366

Bright MLS

APN: 10-752302