NOT LISTED FOR SALE

220 25th St Unit D Ocean City, MD 21842

Ocean City Area

Estimated Value: $826,319 - $919,000

3 Beds
3 Baths
2,178 Sq Ft
$401/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2026

Last sale price $865,000 $397 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,346 / mo

149 Days on Market

Highlights

  • 101 Feet of Waterfront
  • Primary bedroom faces the bay
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • 1 Dock Slip
  • Open Floorplan

About This Home

As of May 2026

NOW PRICED TO SELL, 100K REDUCTION OFF 0F LIST PRICE! Rental Projections over 70k! Luxurius 25th St Direct bayfront townhome w/ deeded boat slip now available! Built in 2020 so all major systems & appliances still fresh & gently used. High quality build w/ Batts insulation for quiet living, hardwood, custom tile flooring, architectual doors, Rannai tankless water heater & generous 2+ car garage with extra storage for your cars, toys and boat. Kitchen and bathrooms designed with stylish high end finishes to show off to your friends & family. Both Living room & Primary Suite walk right out to the most incredible decks with bay & sunset views that make you say, "wow, how lucky am I" every single day... All the designer furniture & decor, yup all conveys.. even in all three bedrooms. Walk out back to 100 ft of waterfrontage to the very first slip that will be deeded to you. Lots of extra bulkhead to use for all your other water toys as well.. The Latitudes is even professionally managed, phew! Quaint location close to boardwalk, all the fun bars/restaurants on 28th St., Fishtales. Check out the interactive 3D tour & make your appointment immediately. Units like these do not come up often in this condition!!!

Last Agent to Sell the Property

Katie Quinn

(410) 520-2600 ocwest@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC Brokerage Phone: 4105202600 License #656189 Listed on: 11/13/2025

Berkshire Hathaway HomeServices PenFed Realty-WOC

Last Buyer's Agent

Michael Thanner

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva License #5006191

Keller Williams Realty Delmarva

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,535

Year Built

  • Built in 2020

Lot Details

  • 101 Feet of Waterfront
  • Home fronts navigable water
  • East Facing Home

HOA Fees

  • $571 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 1st floor
  • Foundation Flood Vent
  • Blown-In Insulation
  • Batts Insulation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,178 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Laundry in unit

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • 3 Full Bathrooms

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Waterski or Wakeboard
  • 1 Dock Slip
  • Physical Dock Slip Conveys

Location

  • Flood Risk

Schools

  • Stephen Decatur High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot D
  • Assessor Parcel Number 2410769217

Community Details

Overview

  • Association fees include trash, management, insurance, common area maintenance, pier/dock maintenance, snow removal, reserve funds
  • The Latitudes Condos
  • Property Manager

Recreation

  • Community Boat Dock
  • 1 Community Docks
  • Fishing Allowed

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,535

Year Built

Built in 2020

Lot Details

392 Sq Ft Lot

HOA Fees

$571 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal, Contemporary
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Fully Furnished & equipped, no exclusions!
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Primary Bedroom - Bay Front, Window Treatments, Wood Floors, Carpet
  • Fireplace: No
  • Foundation Details: Flood Vent
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2178
  • Living Area Sq Ft: 2178
  • Price Per Sq Ft: 413.22
  • Above Grade Finished Sq Ft: 2178
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Batts Insulation, Blown-In Insulation, Vinyl Siding
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access Features: Private Access, Fishing Allowed, Canoe/Kayak, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Assawoman Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 101

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Rear Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1714.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: The Latitudes
  • HOA Condo Co-Op Amenities: Boat Dock/Slip
  • HOA Condo Co-Op Fee Includes: Trash, Management, Insurance, Common Area Maintenance, Pier/Dock Maintenance, Snow Removal, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent
  • High School: STEPHEN DECATUR

Lot Info

  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 9535.00
  • Assessor Parcel Number: 2410769217
  • Tax Lot: D
  • Tax Year: 2025

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

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

Listed on
Nov 13, 2025
Closed on
May 8, 2026
Sold by
Tyler Banks
Bought by
Seller's Agent
Katie Quinn
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Michael Thanner
Keller Williams Realty Delmarva
List Price
$1,000,000
Sold Price
$865,000
Premium/Discount to List
-$135,000
-13.5%
Views
68
Current Estimated Value
$903,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,221
Avg. Annual Appreciation
2.77%
Original Mortgage
$692,000
Outstanding Balance
$690,736
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$182,094

Purchase Details

Listed on
Nov 15, 2021
Closed on
Feb 4, 2022
Sold by
Moses Zorc Anthony
Bought by
Banks Tyler
Seller's Agent
Margaret Connors
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lois Alberti
Alberti Realty, LLC
List Price
$820,000
Sold Price
$780,000
Premium/Discount to List
-$40,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$711,828
Interest Rate
3.55%
Mortgage Type
VA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$865,000 Maryland Title
Banks Tyler $780,000 Fidelity National Title
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 $692,000
Closed Banks Tyler $711,828
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
05/07/2026 05/07/26 Sold $865,000 -3.9% $397 / Sq Ft
03/04/2026 03/04/26 Price Changed $900,000 -4.3% $413 / Sq Ft
03/01/2026 03/01/26 Price Changed $940,000 -1.1% $432 / Sq Ft
02/02/2026 02/02/26 Price Changed $950,000 -3.6% $436 / Sq Ft
01/26/2026 01/26/26 Price Changed $985,000 -1.5% $452 / Sq Ft
11/13/2025 11/13/25 For Sale $1,000,000 +28.2% $459 / Sq Ft
02/04/2022 02/04/22 Sold $780,000 -4.9% $358 / Sq Ft View Prior Sale
11/28/2021 11/28/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $820,000 +24.9% $376 / Sq Ft
07/31/2020 07/31/20 Sold $656,500 0.0% $279 / Sq Ft View Prior Sale
05/28/2020 05/28/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $656,500 -- $279 / 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 $9,507 $729,600 $364,800 $364,800
2025 $9,507 $696,200 $0 $0
2024 $9,249 $662,800 $0 $0
2023 $8,845 $629,400 $314,700 $314,700
2022 $8,742 $622,033 $0 $0
2021 $8,686 $614,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2034752

Bright MLS

APN: 10-769217

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