NOT LISTED FOR SALE

Gateway Grand 2 48th St Unit 1003 Ocean City, MD 21842

Estimated Value: $1,164,000 - $1,374,000

3 Beds
3 Baths
1,790 Sq Ft
$713/Sq Ft Est. Value

About This Home

This home is located at 2 48th St Unit 1003, Ocean City, MD 21842 and is currently estimated at $1,275,602, approximately $712 per square foot. 2 48th St Unit 1003 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2025
Sold by
Lehane Patricia A
Bought by
Patricia A Lehane Revocable Trust and Lehane
Current Estimated Value
$1,275,602

Purchase Details

Closed on
Sep 1, 2009
Sold by
Carylyle High Street Ocean City Lp
Bought by
Larson George H and Larson Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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 Buyer Sale Price Title Company
Patricia A Lehane Revocable Trust -- None Listed On Document
Patricia A Lehane Revocable Trust -- None Listed On Document
Larson George H $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larson George H $320,000
Previous Owner Larson George H $417,000
Source: Public Records

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
2024 $12,663 $907,500 $0 $0
2023 $10,667 $759,000 $531,300 $227,700
2022 $10,667 $759,000 $531,300 $227,700
2021 $10,725 $759,000 $531,300 $227,700
2020 $10,724 $759,000 $531,300 $227,700
2019 $10,789 $758,433 $0 $0
2018 $10,674 $757,867 $0 $0
2017 $10,698 $757,300 $0 $0
2016 -- $705,600 $0 $0
2015 $6,719 $653,900 $0 $0
2014 $6,719 $602,200 $0 $0
Source: Public Records

About Gateway Grand

Map

Maryland Worcester County Ocean City 21842

2 48th St Unit 1003, Ocean City, MD

This home is located at 2 48th St Unit 1003, Ocean City, MD 21842 and is currently estimated at $1,275,602, approximately $712 per square foot. 2 48th St Unit 1003 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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