NOT LISTED FOR SALE

403 136th St Unit B Ocean City, MD 21842

Estimated Value: $435,000 - $504,000

2 Beds
2.5 Baths
1,332 Sq Ft
$346/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $400,000 $300 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,855/month

35 Days on Market

Highlights

  • 25 Feet of Waterfront
  • 1 Fireplace
  • Central Air
  • Ocean City Elementary School Rated A
  • No HOA
  • 1-minute walk to Gorman Avenue Park

About This Home

As of March 2023

Cozy 2 Bedroom, 2 1/2 Bathroom Townhome on Canal with Southern Exposure. No HOA Fees and No Condo Fees! Currently priced at $315.32 per square foot. You will not find a lower price per square foot waterfront condo/townhouse in all of Ocean City Proper!!
Property is currently winterized.

Last Agent to Sell the Property

Charles Leo

ERA Martin Associates, Shamrock Division License #524479 Listed on: 01/16/2023

Last Buyer's Agent

Summer Forbes

Coastal Life Realty Group LLC License #5002662

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,351

Year Built

  • Built in 1984

Lot Details

  • 25 Feet of Waterfront
  • Home fronts navigable water

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,332 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Outdoor Features

  • Water Access
  • Property is near a canal
  • Bulkhead

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Caine Woods Subdivision

Listing and Financial Details

  • Tax Lot 21B
  • Assessor Parcel Number 2410267927

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,351

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-01-16
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: Cozy 2 Bedroom, 2 1/2 Bathroom Townhome on Canal with Southern Exposure. No HOA Fees and No Condo Fees! Currently priced at $315.32 per square foot. You will not find a lower price per square foot waterfront condo/townhouse in all of Ocean City Proper!! Property is currently winterized.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Entry Floor: 1
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1332
  • Living Area Sq Ft: 1332
  • Price Per Sq Ft: 315.32
  • Above Grade Finished Sq Ft: 1332
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 403

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 25

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138066543
  • School District Source: 3rd Party
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: R
  • Lot Features: Bulkheaded
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2022
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5419734
  • Tax Annual Amount: 3351.00
  • Assessor Parcel Number: 2410267927
  • Tax Lot: 21B
  • Tax Total Finished Sq Ft: 1332
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/17/2023

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2025
Sold by
Kline Timothy Walter and Kline Jodi Ann
Bought by
Timothy And Jodi Kline Living Trust and Kline
Current Estimated Value
$460,658

Purchase Details

Listed on
Jan 16, 2023
Closed on
Mar 17, 2023
Sold by
Greiner John Francis
Bought by
Kline Timothy Walter and Kline Jodi Ann
Seller's Agent
Charles Leo
ERA Martin Associates, Shamrock Division
Buyer's Agent
Summer Forbes
Coastal Life Realty Group LLC
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$240,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Ostrom Bruce Allen
Bought by
Greiner John F and Greiner Patricia

Purchase Details

Closed on
Dec 1, 1998
Sold by
Papa and Joanne
Bought by
Ostrom Bruce Allen
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Timothy And Jodi Kline Living Trust -- None Listed On Document
Kline Timothy Walter $400,000 Community Title Network
Greiner John F $314,500 --
Ostrom Bruce Allen $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kline Timothy Walter $240,000
Previous Owner Greiner John F $224,000
Closed Ostrom Bruce Allen --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $400,000 -4.8% $300 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $420,000 -- $315 / 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 $4,138 $347,333 $0 $0
2024 $4,138 $296,567 $0 $0
2023 $3,454 $245,800 $150,000 $95,800
2022 $3,188 $237,733 $0 $0
2021 $3,138 $229,667 $0 $0
2020 $3,073 $221,600 $150,000 $71,600
2019 $3,093 $221,600 $150,000 $71,600
2018 $3,074 $221,600 $150,000 $71,600
2017 $3,087 $223,300 $0 $0
2016 $3,056 $218,467 $0 $0
2015 $3,862 $213,633 $0 $0
2014 $3,862 $208,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Charles Leo

    ERA Martin Associates, Shamrock Division

    (443) 235-0577

    1 in this area

    5 Total Sales

    Charles Leo
    Section Image
  • Summer Forbes

    Buyer's Agent in 2023

    Summer Forbes

    Coastal Life Realty Group LLC

    (856) 628-5099

    2 in this area

    9 Total Sales

    Summer Forbes
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2011830

Bright MLS

APN: 10-267927

Maryland Worcester County Ocean City 21842

403 136th St Unit B, Ocean City, MD

This home is located at 403 136th St Unit B, Ocean City, MD 21842 since 16 January 2023 and is currently estimated at $460,658, approximately $345 per square foot. This property was built in 1984. 403 136th St Unit B is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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