$375,000
SOLD MAR 28, 2025

302 32nd St Unit 504 Ocean City, MD 21842

2 Beds
2 Baths
945 Sq Ft
$664/mo HOA Fee

Recently Sold

$397 Per Sq Ft

6% Below List Price

91 Days on Market

Highlights

  • 30 Feet of Waterfront
  • Primary bedroom faces the bay
  • Access to Tidal Water
  • Ocean City Elementary School Rated A
  • Pier or Dock
  • Penthouse

About This Home

As of March 2025

Newly Listed Penthouse 504 in the Bay Club! Welcome to your dream coastal retreat! This stunning 2 bedroom, 2 bath condo offers the ultimate in Bayfront living. Step inside to discover a kitchen boasting solid wood cabinets and sleek laminate countertops. The perfect space to cook up your favorite meals with ease. Featuring a delightful mix of tile and carpet flooring, this condo exudes comfort. Plus, with a full-size washer and dryer conveniently located in-unit, laundry day is a breeze! The primary bedroom is a true sanctuary, complete with corner windows that flood the room with natural light. Open the sliding door and step out onto the balcony to indulge in breathtaking bay views. Imagine waking up to cruise-like vistas and enjoying breakfast in bed. Pure bliss! But that's not all! The building offers an array of amenities including a year-round indoor heated pool for relaxation anytime, and two parking spaces for peace of mind. With on-site professional management and maintenance, you can rest easy knowing that everything is taken care of. Included in the condo fees are water, cable, and internet. And let's not forget the recent renovations! New windows and sliding balcony doors, the lobby, exterior of the building, and balconies have all been beautifully redone. Don't miss out on the opportunity to experience Bayfront living.

Last Agent to Sell the Property

Carol Proctor

(443) 567-0650 carol@carolproctor.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288 Listed on: 12/07/2024

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Carol Strasfeld

(301) 806-8871 carolstrasfeld@gmail.com Unrepresented Buyer Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,137

Year Built

  • Built in 1984

Lot Details

  • 30 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Backs To Open Common Area
  • Property is in excellent condition

HOA Fees

  • $664 Monthly HOA Fees

Property Views

  • Bay
  • City

Home Design

  • Penthouse
  • Entry on the 4th floor
  • Flat Roof Shape
  • Built-Up Roof
  • Dryvit Stucco

Interior Spaces

  • 945 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Replacement Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Insulated Doors

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the bay
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Lighted Parking
  • Paved Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Waterski or Wakeboard
  • Waterfront Park
  • Powered Boats Permitted
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Doors swing in
  • Energy-Efficient Windows with Low Emissivity
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 2410273935

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), pier/dock maintenance, reserve funds, snow removal, trash, cable TV, high speed internet, water
  • 62 Units
  • Mid-Rise Condominium
  • Bay Club Condos
  • Bay Club Community
  • Property has 5 Levels

Amenities

  • Common Area
  • 1 Elevator

Recreation

  • Pier or Dock
  • 7 Community Docks
  • Community Indoor Pool
  • Community Pool or Spa Combo
  • Heated Community Pool
  • Fishing Allowed

Pet Policy

  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,137

Year Built

Built in 1984

Lot Details

0

HOA Fees

$664 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Doors - Swing In
  • Ownership: Condominium
  • Inclusions: furnished as seen
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 4
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Primary Bedroom - Bay Front, Bathroom - Tub Shower, Window Treatments
  • Window Features: Energy Efficient, Insulated, Low-E, Replacement, Screens
  • Fireplace: No
  • Door Features: Sliding Glass, Insulated
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 5
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 945
  • Living Area Sq Ft: 945
  • Price Per Sq Ft: 402.12
  • Above Grade Finished Sq Ft: 945
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Dryvit
  • Exterior Features: Exterior Lighting
  • Roof: Built-Up, Flat
  • Spa: No
  • View: Bay, City
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 30

Garage/Parking

  • Garage: No
  • Parking Features: Lighted Parking, Paved Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, On Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 664.44
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Bay Club
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Pier/Dock, Pool - Indoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Pier/Dock Maintenance, Reserve Funds, Snow Removal, Trash, Cable Tv, High Speed Internet, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Heated, Indoor, Pool/Spa Combo

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Backs - Open Common Area, Private
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 44000.00
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 1137.00
  • Assessor Parcel Number: 2410273935
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Park

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2023
Sold by
Kimble Richard A
Bought by
Speight Patricia
Current Estimated Value
$374,890

Purchase Details

Closed on
Aug 17, 2023
Sold by
Fletcher Ayrika
Bought by
Palmetto Coast Properties L Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $700 None Listed On Document
Deed $700 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2025 03/28/25 Sold $375,000 -1.3% $397 / Sq Ft
03/05/2025 03/05/25 Price Changed $380,000 -1.3% $402 / Sq Ft
01/17/2025 01/17/25 Price Changed $384,900 -3.8% $407 / Sq Ft
12/07/2024 12/07/24 For Sale $399,999 -- $423 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $1,264 $92,567 $0 $0
2024 $1,134 $81,233 $0 $0
2023 $982 $69,900 $34,900 $35,000
2022 $982 $69,900 $34,900 $35,000
2021 $988 $69,900 $34,900 $35,000
2020 $988 $69,900 $34,900 $35,000
2019 $994 $69,900 $34,900 $35,000
2018 $984 $69,900 $34,900 $35,000
2017 $987 $69,900 $0 $0
2016 -- $69,900 $0 $0
2015 $1,043 $69,900 $0 $0
2014 $1,043 $69,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2027302

Bright MLS

APN: 10-274095