2803 Gull Way Unit B01 Ocean City, MD 21842
Estimated payment $2,506/month
Highlights
- 20 Feet of Waterfront
- Pier or Dock
- Open Floorplan
- Ocean City Elementary School Rated A
- Bay View
- Coastal Architecture
About This Home
Enjoy the coastal convenience of being located just steps from enjoying both the beach and the bay in this Ocean City condo! This first level condo welcomes you home from a front shared deck that displays beautiful water views. An open and airy interior features a bright and neutral color palette and two sizeable bedrooms and two full baths. The spacious living room encourages gathering and is situated off the updated kitchen with new stainless appliances, painted cabinetry, breakfast island, and dining area. The generous primary suite hosts an attached full bath and invites in elegant streams of daylight. Sip your morning coffee or enjoy the evening sunsets over the water on your personal front deck as whispering summer breezes come off the bay. This condo is perfect for a full-time residence or beach getaway! Located near downtown Ocean City, you are steps from everything coastal living has to offer. Jolly Roger Amusement park is less than a block away along with many other opportunities for entertainment, dining, and shopping. Daily strolls on the Ocean City boardwalk are easy when you live directly across Coastal Highway from the North end!
Listing Agent
(410) 458-3008 dennismichalos@kw.com Lazar Real Estate License #662830 Listed on: 10/29/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,309
Year Built
- Built in 1982
Lot Details
- 20 Feet of Waterfront
- Home fronts navigable water
- Home fronts a canal
HOA Fees
- $300 Monthly HOA Fees
Property Views
- Bay
- Canal
Home Design
- Coastal Architecture
- Entry on the 1st floor
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 900 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling Fan
- Insulated Windows
- Sliding Windows
- Window Screens
- Six Panel Doors
- Family Room Off Kitchen
- Living Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Self-Cleaning Oven
- Built-In Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Paved Parking
- Parking Lot
Outdoor Features
- Water Access
- Property is near a canal
- Balcony
- Deck
- Exterior Lighting
Schools
- Stephen Decatur High School
Utilities
- Ductless Heating Or Cooling System
- Vented Exhaust Fan
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 2410225124
Community Details
Overview
- Association fees include exterior building maintenance
- Low-Rise Condominium
- Sand Key Community
Recreation
- Pier or Dock
Pet Policy
- Pets Allowed
Security
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,302 | $199,500 | $0 | $0 |
| 2024 | $2,302 | $165,000 | $0 | $0 |
| 2023 | $1,834 | $130,500 | $65,200 | $65,300 |
| 2022 | $1,779 | $126,600 | $0 | $0 |
| 2021 | $1,734 | $122,700 | $0 | $0 |
| 2020 | $1,679 | $118,800 | $59,400 | $59,400 |
| 2019 | $1,690 | $118,800 | $59,400 | $59,400 |
| 2018 | $1,673 | $118,800 | $59,400 | $59,400 |
| 2017 | $1,687 | $118,800 | $0 | $0 |
| 2016 | -- | $118,800 | $0 | $0 |
| 2015 | $1,944 | $118,800 | $0 | $0 |
| 2014 | $1,944 | $130,500 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2025 09/15/25 | Price Changed | $2,250 | -10.0% | $3 / Sq Ft |
| 08/29/2025 08/29/25 | Price Changed | $2,500 | -16.7% | $3 / Sq Ft |
| 08/14/2025 08/14/25 | For Rent | $3,000 | 0.0% | -- |
| 06/02/2025 06/02/25 | For Sale | $379,900 | 0.0% | $422 / Sq Ft |
| 05/20/2025 05/20/25 | Pending | -- | -- | -- |
| 04/16/2025 04/16/25 | Price Changed | $379,900 | -1.3% | $422 / Sq Ft |
| 04/10/2025 04/10/25 | Price Changed | $384,900 | -1.3% | $428 / Sq Ft |
| 04/03/2025 04/03/25 | Price Changed | $389,900 | -1.3% | $433 / Sq Ft |
| 03/23/2025 03/23/25 | Price Changed | $394,900 | -1.3% | $439 / Sq Ft |
| 10/29/2024 10/29/24 | For Sale | $399,900 | +21.2% | $444 / Sq Ft |
| 08/01/2023 08/01/23 | Sold | $330,000 | -5.6% | $367 / Sq Ft |
| 04/13/2023 04/13/23 | For Sale | $349,500 | +118.6% | $388 / Sq Ft |
| 09/27/2019 09/27/19 | Sold | $159,900 | 0.0% | $178 / Sq Ft |
| 08/12/2019 08/12/19 | Pending | -- | -- | -- |
| 07/19/2019 07/19/19 | Price Changed | $159,900 | -3.0% | $178 / Sq Ft |
| 07/05/2019 07/05/19 | Price Changed | $164,900 | -2.9% | $183 / Sq Ft |
| 06/21/2019 06/21/19 | Price Changed | $169,900 | -2.9% | $189 / Sq Ft |
| 06/07/2019 06/07/19 | Price Changed | $174,900 | -5.4% | $194 / Sq Ft |
| 05/06/2019 05/06/19 | For Sale | $184,900 | -- | $205 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $330,000 | Silver Title | |
| Deed | $159,900 | None Available | |
| Trustee Deed | $126,000 | None Available | |
| Deed | $195,000 | -- | |
| Deed | $195,000 | -- | |
| Deed | $62,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $360,000 | Credit Line Revolving | |
| Previous Owner | $143,910 | New Conventional | |
| Closed | -- | No Value Available |
Source: Bright MLS
MLS Number: MDWO2026616
APN: 10-225124
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