$465,000

181 Jamestown Rd Unit 1 Ocean City, MD 21842

Estimated payment $3,226/month

Total Views 359
2 Beds
2 Baths
936 Sq Ft
$497 Price per Sq Ft

Highlights

  • Very Popular Property
  • Property Fronts a Bay or Harbor
  • Gourmet Kitchen
  • Ocean City Elementary School Rated A
  • Fishing Allowed
  • Open Floorplan

About This Home

Direct Bayfront Beauty with Deeded Boat Slip & Lift Enjoy panoramic bay views and breathtaking Ocean City skyline vistas from this first-floor, two-bedroom, two-bath condo in one of midtown’s most desirable bayfront locations. Featuring a southeast exposure for gorgeous sunrises and natural light throughout, this property offers the ideal coastal lifestyle. Inside, you’ll love the open floor plan, luxury vinyl plank flooring, granite countertops, stainless steel appliances, and wood stove for cozy evenings by the bay. The condo is sold furnished and in excellent condition, ready for immediate enjoyment or strong rental income potential.
Relax on your large covered porch overlooking the open bay, or step down to your private deeded boat slip and lift for easy access to the water. Dedicated parking adds convenience.

Listing Agent

Ed Balcerzak

(443) 497-4746 opsales@comcast.net Berkshire Hathaway HomeServices PenFed Realty-WOC Listed on: 11/08/2025

Berkshire Hathaway HomeServices PenFed Realty-WOC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,016

Year Built

  • Built in 1973

Lot Details

  • Property Fronts a Bay or Harbor
  • Southeast Facing Home
  • Cleared Lot

HOA Fees

  • $445 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Flat Roof Shape

Interior Spaces

  • 936 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • 1 Fireplace
  • Wood Burning Stove
  • Bay Views
  • Stacked Washer and Dryer

Kitchen

  • Gourmet Kitchen
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile or Brick
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Outdoor Features

  • Bulkhead
  • Balcony
  • Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Halls are 36 inches wide or more
  • Flood Risk

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 2410133564

Community Details

Overview

  • Low-Rise Condominium
  • Watergate East Condos
  • Watergate (Jamestown) Community

Recreation

  • Fishing Allowed

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,016

Year Built

Built in 1973

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 11/8/2025 12:00:00 AM
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank, Tile/Brick
  • Interior Amenities: Floor Plan - Open, Kitchen - Gourmet, Stove - Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 936
  • Living Area Sq Ft: 936
  • Price Per Sq Ft: 496.79
  • Above Grade Finished Sq Ft: 936
  • 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
  • Roof: Flat
  • View: Water, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1334.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Watergate East
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Bulkheaded, Cleared, Fishing Available
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Porch(es), Balcony, Patio(s)
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4016.00
  • Assessor Parcel Number: 2410133564
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

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 $4,004 $293,233 $0 $0
2024 $3,417 $244,867 $0 $0
2023 $2,762 $196,500 $98,200 $98,300
2022 $2,762 $196,500 $98,200 $98,300
2021 $2,777 $196,500 $98,200 $98,300
2020 $3,107 $219,900 $109,900 $110,000
2019 $2,897 $203,667 $0 $0
2018 $2,640 $187,433 $0 $0
2017 $2,431 $171,200 $0 $0
2016 -- $171,200 $0 $0
2015 $2,149 $171,200 $0 $0
2014 $2,149 $182,500 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2025 11/08/25 For Sale $465,000 -- $497 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $400,000 Capitol Title
Special Warranty Deed $400,000 Capitol Title
Deed -- None Available
Deed $220,000 Mid Atlantic Title & Escrow
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed $300,000 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: MDWO2034670

Bright MLS

APN: 10-133564