Gail Rohleder
Garceau Realty
(202) 932-0601
37 Total Sales
2 in Ocean City
$570K - $805K Price Range
205 5th St Unit 40 Ocean City, MD 21842
Ocean City AreaEstimated Value: $194,285
1
Bed
1
Bath
304
Sq Ft
1940
Built
Highlights
- Open Floorplan
- Coastal Architecture
- Community Pool
- Ocean City Elementary School Rated A
- Furnished
- 4-minute walk to 3rd Street Playground
About This Home
As of January 2024Renovated in 2023, the current owners covered all the details in making this adorable beach bungalow ready for the rental season. Consistently receiving 5 Star reviews on Airbnb, the rental income from this past season is just over $21K. The condo’s downtown Ocean City, Maryland location, is just a few blocks from the beach and boardwalk and just a short drive to Assateague Island, making this a great addition to your investment portfolio and/or a vacation get-away.
A fully stocked kitchen with a new refrigerator, makes it easy to prepare a quick meal or enjoy take out from one of the many nearby restaurants. The flat screen TV, convertible sleeper sofa, new window A/C and baseboard heater adds to the comfort of enjoying this space anytime of the year. Who doesn’t love a retro PacMan game – whether it’s saved for a rainy day activity or a friendly competition – as part of the condo décor! Guests can enjoy a newly tiled walk-in shower with all new fixtures, including a wall mount hairdryer. The fully furnished condo also includes a new Queen bed/frame, nightstands and another flat screen TV in the bedroom. Whether it’s enjoying a morning coffee on the beach themed porch or an afternoon swim in the community pool, The Parrot Bay community is a sought after location.
Last Agent to Sell the Property
(410) 208-3500 oceanpines@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP License #5006954 Listed on: 12/29/2023
Co-Listed By
(410) 208-3500 oceanpines@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP License #312167
Last Buyer's Agent
(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva License #RS-0037015
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,319
Year Built
- Built in 1940 | Remodeled in 2023
Lot Details
- 1 Common Wall
- East Facing Home
- Property is in excellent condition
HOA Fees
- $317 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Coastal Architecture
- Entry on the 2nd floor
- Block Foundation
- Asphalt Roof
- Stick Built Home
Interior Spaces
- 304 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Furnished
Flooring
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
- Public Septic
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 40
- Assessor Parcel Number 2410749549
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, management, pool(s), trash, cable TV
- 6 Units
- Low-Rise Community
- Parrot Bay Condos
- Parrot Bay Community
- Property Manager
Recreation
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Additional Features
- Laundry Facilities
- Security Service
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 1, 2025
Sold by
Lunduski Bernard
Bought by
Current Estimated Value
Purchase Details
Listed on
Dec 29, 2023
Closed on
Jan 30, 2024
Sold by
Mounts Harry C and Wisch Wendy B
Bought by
Lunduski Bernard
Seller's Agent
Wendy Wisch O'Grady
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Eka Suryadi Poling
Keller Williams Realty Delmarva
List Price
$174,900
Sold Price
$180,000
Premium/Discount to List
$5,100
2.92%
Views
143
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$135,000
Interest Rate
6.61%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 12, 2022
Closed on
Jan 23, 2023
Sold by
Stark Amanda L and Kleback Brian
Bought by
Mounts Harry C and Wisch Wendy B
Seller's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Wendy Wisch O'Grady
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$144,900
Sold Price
$125,000
Premium/Discount to List
-$19,900
-13.73%
Views
125
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.97%
Purchase Details
Closed on
Feb 3, 2015
Sold by
Kleback Amanda L and Kleback Brian
Bought by
Ocpb Llc
Purchase Details
Closed on
Jun 10, 2014
Sold by
J&V Co Of Oc Llc
Bought by
Kleback Brian Alan and Kleback Amanda Lynn
Purchase Details
Closed on
Oct 10, 2012
Sold by
Laurel Brook Educational Trust and Demallie Stephanie S
Bought by
J & V Co Of Oc Llc
Purchase Details
Closed on
Aug 6, 2009
Sold by
J
Bought by
Demallie Stephanie S
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ocean City, MD
-
Gail Rohleder
-
Rebecca Turner
Rebecca Turner
Northrop Realty
(302) 253-7550
73 Total Sales
1 in Ocean City
$275,000 Price
-
Janelle Brubach
Janelle Brubach
Realty Plus Associates
(410) 339-8341
93 Total Sales
3 in Ocean City
$197K - $400K Price Range
-
Sarah Jourdan
Sarah Jourdan
Coldwell Banker Realty
(302) 253-7414
71 Total Sales
5 in Ocean City
$205K - $690K Price Range
-
Brenda Fornos
Brenda Fornos
Responds QuicklyTaylor Properties
(667) 230-5001
77 Total Sales
13 in Ocean City
$235K - $595K Price Range
-
Martina McCrea
Martina McCrea
Compass
(443) 526-7849
82 Total Sales
1 in Ocean City
$299,900 Price
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 |
|---|---|---|---|
| -- | Community Title Company | ||
| Lunduski Bernard | $180,000 | Community Title Network | |
| Mounts Harry C | $122,500 | Capitol Title | |
| Ocpb Llc | -- | None Available | |
| Kleback Brian Alan | $63,500 | None Available | |
| J & V Co Of Oc Llc | $480,000 | None Available | |
| Demallie Stephanie S | -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $135,000 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/30/2024 01/30/24 | Sold | $180,000 | +2.9% | $592 / Sq Ft | |
| 12/29/2023 12/29/23 | For Sale | $174,900 | +39.9% | $575 / Sq Ft | |
| 01/23/2023 01/23/23 | Sold | $125,000 | -3.8% | $411 / Sq Ft | View Prior Sale |
| 01/02/2023 01/02/23 | Pending | -- | -- | -- | |
| 12/21/2022 12/21/22 | Price Changed | $129,900 | -10.4% | $427 / Sq Ft | |
| 11/12/2022 11/12/22 | For Sale | $144,900 | -- | $477 / Sq Ft |
Source: Bright MLS
Tax 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.
| 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 |
|---|---|---|---|---|
| 2026 | $1,616 | $130,700 | $65,300 | $65,400 |
| 2025 | $1,616 | $118,333 | $0 | $0 |
| 2024 | $1,479 | $105,967 | $0 | $0 |
| 2023 | $1,315 | $93,600 | $46,800 | $46,800 |
| 2022 | $1,315 | $93,600 | $46,800 | $46,800 |
| 2021 | $1,323 | $93,600 | $46,800 | $46,800 |
| 2020 | $1,178 | $93,600 | $46,800 | $46,800 |
| 2019 | $1,178 | $83,067 | $0 | $0 |
| 2018 | $1,022 | $72,533 | $0 | $0 |
| 2017 | $880 | $62,000 | $0 | $0 |
| 2016 | $907 | $62,000 | $0 | $0 |
| 2015 | $1,543 | $62,000 | $0 | $0 |
| 2014 | $1,543 | $64,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy Wisch O'Grady
Seller's Agent in 2024
Wendy Wisch O'Grady
Berkshire Hathaway HomeServices PenFed Realty - OP
(717) 560-1700
24 Total Sales
-
Chuck Mounts
Seller Co-Listing Agent in 2024
Chuck Mounts
Berkshire Hathaway HomeServices PenFed Realty - OP
(410) 562-0132
6 Total Sales
-
Eka Suryadi Poling
Buyer's Agent in 2024
Eka Suryadi Poling
Keller Williams Realty Delmarva
(443) 735-6032
87 Total Sales
-
Carol Proctor
Seller's Agent in 2023
Carol Proctor
BHHS PenFed (actual)
(443) 567-0650
420 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2018192
APN: 10-749549
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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.
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