
Gateway Grand 2 48th St Unit 1411 Ocean City, MD 21842
Estimated Value: $1,292,000 - $1,356,000
Highlights
- 250 Feet of Waterfront
- Ocean View
- Access to Tidal Water
- Ocean City Elementary School Rated A
- Primary bedroom faces the ocean
- Sandy Beach
About This Home
As of November 2022This is the one you have been waiting for! Pristine 3 Bedroom 3 Bathroom Direct Oceanfront Residence now available in the luxurious Gateway Grand! Take a look at this stunning panoramic ocean view from the 14th floor. Enjoy unique sunrises each morning from the direct oceanfront primary suite. Originally a furnished model, you will notice the attention to detail, from custom millwork throughout to custom window treatments. The closets are upgraded with custom closet organizers and the main TV and lighting is controlled through a home automation system. The kitchen and desk area feature a custom glass tile backsplash. This property was never rented by the current owner and had new carpet installed and was professionally painted just 4 years ago. The washer and dryer was also replaced 5 years ago. The Gateway Grand is rich with amenities such as a secure access glorious oceanfront lobby, heated indoor and outdoor pools, state of the art fitness center, owner's lounges, kid's game room, on-site management, maintenance, and cleaning staff, and the list continues. Deeded ground floor storage locker #15 included with sale. Call for a private tour today!
Last Agent to Sell the Property
Keller Williams Realty Delmarva License #618143 Listed on: 07/14/2022

Last Buyer's Agent
Berkshire Hathaway HomeServices PenFed Realty License #RS0025254

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,841
Year Built
- Built in 2008
Lot Details
- 250 Feet of Waterfront
- Ocean Front
- Sandy Beach
- Two or More Common Walls
- West Facing Home
- Sprinkler System
- Property is in excellent condition
HOA Fees
- $741 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Handicap Parking
- Electric Vehicle Home Charger
- Lighted Parking
- Parking Lot
- Surface Parking
- Unassigned Parking
- Secure Parking
Property Views
- Panoramic
Home Design
- Flat Roof Shape
- Pillar, Post or Pier Foundation
- Metal Siding
Interior Spaces
- 1,790 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Electric Fireplace
- Insulated Windows
- Window Treatments
- Window Screens
- Sliding Doors
- Insulated Doors
- Carpet
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary bedroom faces the ocean
- En-Suite Bathroom
- Walk-In Closet
- 3 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry in unit
- Electric Dryer
- Washer
Home Security
Outdoor Features
- Outdoor Shower
- Access to Tidal Water
- Water Oriented
- Property is near an ocean
- Balcony
- Exterior Lighting
Location
- Flood Risk
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Tax Lot 1411
- Assessor Parcel Number 2410765021
Community Details
Overview
- $200 Elevator Use Fee
- $2,223 Capital Contribution Fee
- Association fees include common area maintenance, exterior building maintenance, health club, insurance, management, pool(s), reserve funds, water
- $80 Other One-Time Fees
- High-Rise Condominium
- Gateway Grand Condos, Phone Number (410) 723-9545
- Built by Bovis Lendlease
- Gateway Grand Community
- Property Manager
Amenities
- Common Area
- Game Room
- Meeting Room
- Party Room
- 5 Elevators
Recreation
- Heated Community Pool
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Fire Sprinkler System
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Similar Homes in Ocean City, MD
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Khanna Sugandha | $1,200,000 | -- | |
Johnston Charles Riley | -- | None Available | |
Johnston Charles Riley | $792,500 | None Available | |
Bennett Ronald S | $770,000 | Ocean Investments Title Corp |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/10/2022 11/10/22 | Sold | $1,200,000 | -5.9% | $670 / Sq Ft |
08/08/2022 08/08/22 | Pending | -- | -- | -- |
07/14/2022 07/14/22 | For Sale | $1,275,000 | -- | $712 / Sq Ft |
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 |
---|---|---|---|---|
2024 | $12,509 | $896,467 | $0 | $0 |
2023 | $10,782 | $767,200 | $537,000 | $230,200 |
2022 | $10,782 | $767,200 | $537,000 | $230,200 |
2021 | $10,841 | $767,200 | $537,000 | $230,200 |
2020 | $10,840 | $767,200 | $537,000 | $230,200 |
2019 | $10,914 | $767,200 | $537,000 | $230,200 |
2018 | $11,295 | $767,200 | $537,000 | $230,200 |
2017 | $11,299 | $799,900 | $0 | $0 |
2016 | -- | $775,267 | $0 | $0 |
2015 | -- | $750,633 | $0 | $0 |
2014 | $8,552 | $726,000 | $0 | $0 |
Agents Affiliated with this Home
-
Seller's Agent in 2022
Jonathan Barker
Keller Williams Realty Delmarva
(410) 935-3810
138 in this area
219 Total Sales
-
Seller Co-Listing Agent in 2022
Grant Fritschle
Keller Williams Realty Delmarva
(410) 430-5880
243 in this area
367 Total Sales
-
Buyer's Agent in 2022
Mechelle Nichols
BHHS PenFed (actual)
(410) 430-1575
33 in this area
69 Total Sales
About Gateway Grand
Map
Source: Bright MLS
MLS Number: MDWO2009128

APN: 10-765021
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