2803 Gull Way Unit B01 Ocean City, MD 21842
Estimated payment $2,508/month
Total Views
15,531
2
Beds
2
Baths
900
Sq Ft
$422
Price per Sq Ft
Highlights
- 20 Feet of Waterfront
- Pier or Dock
- Open Floorplan
- Ocean City Elementary School Rated A
- Bay View
- Coastal Architecture
About This Home
This beautifully renovated 2 bedroom 2 full bathroom condo is much larger than it appears due to its perfect layout. Sit outside on the waterfront porch that overlooks the bayside canal and enjoy the sunset every night. Inside, you have all new flooring through out, brand new kitchen cabinets with white quartz counters. 2 fully remodeled bathrooms and bedrooms along with laundry in the unit. This is a perfect condo for a small family to live in or to rent this out as a mid to short term rental during the season. This condo shares a communal boat slip directly out front of the unit with other condo units in the association. Furniture and decor negotiable. ***All wooden decks, stairs, walkways, and the dock will be re-done and brand new. HOA special assessment already paid for and will be renovated shortly.
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
- 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
Eco-Friendly Details
- Energy-Efficient Appliances
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
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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 |
|---|---|---|---|---|
| 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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
Source: Bright MLS
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 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $360,000 | Credit Line Revolving | |
| Previous Owner | $143,910 | New Conventional | |
| Previous Owner | $204,000 | Unknown | |
| Previous Owner | $185,747 | Stand Alone Second | |
| Closed | -- | No Value Available |
Source: Public Records
Similar Homes in Ocean City, MD
Source: Bright MLS
MLS Number: MDWO2026616
APN: 10-225124
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