Seller's Agent in 2023
Jonathan Barker
Keller Williams Realty Delmarva
(410) 935-3810
107 in this area
172 Total Sales
Gateway Grand 2 48th St Unit 512 Ocean City, MD 21842
Estimated Value: $1,264,000 - $1,381,000
3
Beds
3
Baths
1,806
Sq Ft
2008
Built
Highlights
- 40 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 July 2023Direct Oceanfront 3 Bedroom 3 Bathroom Residence now available at the luxurious Gateway Grand. Located on the 5th floor offering a fantastic perspective of the beach and Atlantic Ocean. This is the "A" floorplan featuring a Direct Oceanfront Primary Suite with a huge plate glass window and convenient access to the balcony. Tastefully furnished by a local professional interior designer you will adore the custom millwork lining the entrance hallway as well as the accent walls in the guest suites. Entering the kitchen you will immediately notice the awesome wave glass tile backsplash and bright white kitchen cabinets framing the stainless steel appliances. The Gateway Grand is one of Ocean City's newest and most spectacular luxury condominium buildings featuring an abundance of amenities including a heated indoor and outdoor pool, state of the art fitness center, private owners lounges, on-site property management, on-site maintenance team, gated parking garage with electric car chargers available for owners, kids club, and so much more. Ground floor deeded storage locker #106 conveys with residence.
Last Agent to Sell the Property
(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva License #618143 Listed on: 02/16/2023
Co-Listed By
(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva License #RA0020779
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,582
Year Built
- Built in 2008
Lot Details
- 40 Feet of Waterfront
- Ocean Front
- Sandy Beach
- Two or More Common Walls
- West Facing Home
- Sprinkler System
- Property is in excellent condition
HOA Fees
- $825 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
- Entry on the 5th floor
- Flat Roof Shape
- Pillar, Post or Pier Foundation
- Metal Siding
Interior Spaces
- 1,806 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- 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
- Property is used as a vacation rental
- Tax Lot 512
- Assessor Parcel Number 2410763908
Community Details
Overview
- $2,475 Capital Contribution Fee
- Association fees include common area maintenance, exterior building maintenance, health club, insurance, management, pool(s), reserve funds, water
- $830 Other One-Time Fees
- High-Rise Community
- Gateway Grand Condos
- 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
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2023
Closed on
Jul 1, 2023
Sold by
Bittel Kirk J
Bought by
Damore Paul and Damore Kathleen
Seller's Agent
Jonathan Barker
Keller Williams Realty Delmarva
Buyer's Agent
Phillip Knight
Northrop Realty
List Price
$1,349,900
Sold Price
$1,250,000
Premium/Discount to List
-$99,900
-7.4%
Views
189
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,923
Avg. Annual Appreciation
2.21%
Original Mortgage
$655,000
Outstanding Balance
$639,083
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$692,840
Purchase Details
Listed on
Feb 16, 2023
Closed on
Jun 26, 2023
Sold by
Bittel Kirk J
Bought by
Bittel Kirk J
Seller's Agent
Jonathan Barker
Keller Williams Realty Delmarva
Buyer's Agent
Phillip Knight
Northrop Realty
List Price
$1,349,900
Sold Price
$1,250,000
Premium/Discount to List
-$99,900
-7.4%
Views
189
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Outstanding Balance
$639,083
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$692,840
Purchase Details
Closed on
Mar 7, 2023
Sold by
Deluca Anthony J
Bought by
Bittel Kirk J
Purchase Details
Closed on
Sep 20, 2016
Sold by
Carly/High Street Ocean City Lp
Bought by
Bittel Kirk J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Damore Paul | $1,250,000 | First American Title | |
| Bittel Kirk J | -- | None Listed On Document | |
| Bittel Kirk J | -- | None Listed On Document | |
| Bittel Kirk J | $50,000 | None Listed On Document | |
| Bittel Kirk J | $50,000 | None Listed On Document | |
| Bittel Kirk J | $775,000 | Ocean Investments Title Corp |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Damore Paul | $655,000 | |
| Previous Owner | Bittel Kirk J | $580,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2023 07/01/23 | Sold | $1,250,000 | -3.8% | $692 / Sq Ft |
| 04/10/2023 04/10/23 | Price Changed | $1,299,900 | -3.7% | $720 / Sq Ft |
| 02/16/2023 02/16/23 | For Sale | $1,349,900 | -- | $747 / Sq Ft |
Source: Bright MLS
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 | $13,931 | $1,020,233 | $0 | $0 |
| 2024 | $12,355 | $885,467 | $0 | $0 |
| 2023 | $10,550 | $750,700 | $525,400 | $225,300 |
| 2022 | $10,550 | $750,700 | $525,400 | $225,300 |
| 2021 | $10,608 | $750,700 | $525,400 | $225,300 |
| 2020 | $10,607 | $750,700 | $525,400 | $225,300 |
| 2019 | $10,679 | $750,700 | $525,400 | $225,300 |
| 2018 | $10,573 | $750,700 | $525,400 | $225,300 |
| 2017 | $11,230 | $795,000 | $0 | $0 |
| 2016 | -- | $775,200 | $0 | $0 |
| 2015 | $8,666 | $755,400 | $0 | $0 |
| 2014 | $8,666 | $735,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Barker
-
Grant Fritschle
Seller Co-Listing Agent in 2023
Grant Fritschle
Keller Williams Realty Delmarva
(410) 430-5880
206 in this area
310 Total Sales
-
Phillip Knight
Buyer's Agent in 2023
Phillip Knight
Creig Northrop Team of Long & Foster
(302) 278-3221
57 in this area
149 Total Sales
About Gateway Grand
Map
Source: Bright MLS
MLS Number: MDWO2012342
APN: 10-763908
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.
Nearby Homes
- 2 48th St Unit 1002
- 2 48th St Unit 1207
- 2 48th St Unit 214
- 2 48th St Unit 304
- 2 48th St Unit 1402
- 2 48th St Unit 1612
- 2 48th St Unit 402
- 2 48th St Unit 1602
- 4607 Atlantic Ave Unit 31
- 5001 Atlantic Ave Unit 104
- 4503 Atlantic Ave Unit 200
- 9 46th St Unit 22
- 11 51st St Unit 203
- 4709 Coastal Hwy Unit 461
- 4711 Coastal Hwy Unit 335
- 4711 Coastal Hwy Unit 433
- 4711 Coastal Hwy Unit 244
- 4603 Coastal Hwy Unit 302
- 14 45th St Unit 403
- 12 45th St Unit 102
- 2 48th St Unit 1708
- 2 48th St Unit 1707
- 2 48th St Unit 1063
- 2 48th St Unit 1004
- 2 48th St Unit 314
- 2 48th St Unit 1003
- 2 48th St Unit 502
- 2 48th St Unit 203
- 2 48th St Unit 210
- 2 48th St Unit 1005
- 2 48th St Unit 1205
- 2 48th St Unit 1405
- 2 48th St Unit 1202
- 2 48th St Unit 204
- 2 48th St Unit 405
- 2 48th St Unit 305
- 2 48th St Unit 205
- 2 48th St Unit 1102
- 2 48th St Unit 208
- 2 48th St Unit 1210
Your Personal Tour Guide
Ask me questions while you tour the home.