Seller's Agent in 2025
Dennis Michalos
Lazar Real Estate
(410) 458-3008
2 in this area
66 Total Sales
2803 Gull Way Unit B01 Ocean City, MD 21842
2
Beds
2
Baths
900
Sq Ft
$250/mo
HOA Fee
Highlights
- Home fronts navigable water
- Water Access
- Main Floor Bedroom
- Ocean City Elementary School Rated A
- Canal View
- Combination Kitchen and Living
About This Home
As of August 2023Great first floor location! This is a 2 bedroom 2 bath corner unit with a rear deck. Enjoy all Ocean City has to offer whether it's the short distance to the beach or the bay at your back door. Take advantage of this fantastic offer!
Last Agent to Sell the Property
(443) 614-2825 sheri@sherismithrealtor.com Keller Williams Realty Delmarva License #RS-0015670 Listed on: 05/06/2019
Last Buyer's Agent
ANNIE Buxbaum
anniebuxbaum1@gmail.com Long & Foster Real Estate, Inc.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,690
Year Built
- Built in 1982
Lot Details
- Home fronts navigable water
- Property Fronts a Bay or Harbor
HOA Fees
- $250 Monthly HOA Fees
Home Design
- Frame Construction
- Stick Built Home
Interior Spaces
- 900 Sq Ft Home
- Property has 1 Level
- Combination Kitchen and Living
- Canal Views
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
Parking
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Water Access
- Property is near a canal
- Porch
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Electric Baseboard Heater
- Municipal Trash
Community Details
- Low-Rise Condominium
- Sand Key Community
Listing and Financial Details
- Tax Lot 5055
- Assessor Parcel Number 10-225124
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2023
Closed on
Jul 26, 2023
Sold by
Bradford John and Holt Vicki
Bought by
Michalos Llc
Seller's Agent
Kimberly Gilbert
Northrop Realty
Buyer's Agent
Dennis Michalos
Lazar Real Estate
List Price
$349,500
Sold Price
$330,000
Premium/Discount to List
-$19,500
-5.58%
Views
439
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$360,000
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
May 6, 2019
Closed on
Sep 19, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bradford John and Holt Vicki
Seller's Agent
Sheri Smith
Keller Williams Realty Delmarva
Buyer's Agent
ANNIE Buxbaum
Long & Foster Real Estate, Inc.
List Price
$184,900
Sold Price
$159,900
Premium/Discount to List
-$25,000
-13.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.71%
Original Mortgage
$143,910
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2018
Sold by
Maroulis Cindy and Maroulis John O
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Oct 26, 2004
Sold by
Goodman Deborah M
Bought by
Maroulis John O and Maroulis Cindy Maroulis
Purchase Details
Closed on
Oct 14, 2004
Sold by
Goodman Deborah M
Bought by
Maroulis John O and Maroulis Cindy Maroulis
Purchase Details
Closed on
Jan 6, 1998
Sold by
Brous Joel D
Bought by
Goodman Deborah M
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
| 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 | |
| Closed | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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
Tax History Compared to Growth
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 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis Michalos
-
Kimberly Gilbert
Seller's Agent in 2023
Kimberly Gilbert
Creig Northrop Team of Long & Foster
(724) 322-6744
8 in this area
11 Total Sales
-
Sheri Smith
Seller's Agent in 2019
Sheri Smith
Keller Williams Realty Delmarva
(443) 614-2825
12 in this area
122 Total Sales
-
A
Buyer's Agent in 2019
ANNIE Buxbaum
Long & Foster
Map
Source: Bright MLS
MLS Number: MDWO106022
APN: 10-225124
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