5 48th St Unit 26 Ocean City, MD 21842
5
Beds
4
Baths
2,145
Sq Ft
$1,141/mo
HOA Fee
Highlights
- Ocean View
- Beach
- Coastal Architecture
- Ocean City Elementary School Rated A
- Water Oriented
- Main Floor Bedroom
About This Home
As of June 2025How sweet is this? Mid-town OC location ,BACK ON MARKET DUE TO NO FAULT OF THE SELLER. Buyers Financing fell through. LOCATION ,LOCATION! FULLY FURNISHED! SPACIOUS beach retreat with 5 BEDS and 4 FULL baths. PLUS 5 composite DECKS ! Every where you turn in this home is a deck for your viewing pleasure of Amazing OCEAN VIEWS! Ocean Colony offers a private pool for residents, green space _common area and plenty of parking UNHEARD OF! Updated, upgraded kitchen with stainless steel appliances. FURNISHINGS included - family room and deck furniture are 1 year young. All you need to bring is a toothbrush! TURN KEY ! Extra refrigerator on first floor for easy access for refreshments when running back and forth to the beach or pool. Tons of storage for your chairs, umbrellas & beach toys. did we say CLOSE TO BEACH!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $9,866
Year Built
- Built in 1966
HOA Fees
- $1,141 Monthly HOA Fees
Home Design
- Coastal Architecture
- Slab Foundation
Interior Spaces
- 2,145 Sq Ft Home
- Property has 4 Levels
- Furnished
- Family Room
- Den
- Ocean Views
Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
Bedrooms and Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 1 Open Parking Space
- 3 Parking Spaces
- 1 Attached Carport Space
- Private Parking
- Parking Lot
- Assigned Parking
Outdoor Features
- Water Oriented
- Property is near an ocean
- Multiple Balconies
Location
- Flood Risk
Utilities
- Central Air
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- Tax Lot 26
- Assessor Parcel Number 2410068665
Community Details
Overview
- Association fees include insurance, management, pool(s), reserve funds, exterior building maintenance, trash
- Ocean Colony Condos
- Ocean Colony Community
- Property Manager
Recreation
- Beach
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 26, 2008
Sold by
Geppi Dorothea
Bought by
Geppi Dorothea and For Life
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
5.72%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 20, 2007
Sold by
Geppi Dorothea
Bought by
Geppi Dorothea and For Life
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.39%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 30, 1999
Sold by
Church Of The Resurrection
Bought by
Geppi Dorothea
Purchase Details
Closed on
Apr 8, 1999
Sold by
Martak Jesse W and Martak Catherine A
Bought by
Church Of The Resurrection
Similar Homes in Ocean City, MD
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 | -- | -- | |
| Deed | -- | -- | |
| Deed | $183,000 | -- | |
| Deed | $89,193 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | New Conventional | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $237,000 | Unknown | |
| Previous Owner | $230,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | Sold | $925,000 | 0.0% | $431 / Sq Ft |
| 05/10/2025 05/10/25 | Pending | -- | -- | -- |
| 05/06/2025 05/06/25 | Price Changed | $925,000 | 0.0% | $431 / Sq Ft |
| 05/06/2025 05/06/25 | For Sale | $925,000 | -2.6% | $431 / Sq Ft |
| 03/27/2025 03/27/25 | Pending | -- | -- | -- |
| 03/05/2025 03/05/25 | For Sale | $949,900 | 0.0% | $443 / Sq Ft |
| 02/19/2025 02/19/25 | Off Market | $949,900 | -- | -- |
| 02/14/2025 02/14/25 | For Sale | $949,900 | -- | $443 / 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 |
|---|---|---|---|---|
| 2024 | $9,836 | $704,933 | $0 | $0 |
| 2023 | $9,434 | $671,300 | $335,600 | $335,700 |
| 2022 | $9,434 | $671,300 | $335,600 | $335,700 |
| 2021 | $9,486 | $671,300 | $335,600 | $335,700 |
| 2020 | $9,485 | $671,300 | $335,600 | $335,700 |
| 2019 | $9,031 | $634,833 | $0 | $0 |
| 2018 | $8,428 | $598,367 | $0 | $0 |
| 2017 | $7,937 | $561,900 | $0 | $0 |
| 2016 | -- | $521,167 | $0 | $0 |
| 2015 | $5,244 | $480,433 | $0 | $0 |
| 2014 | $5,244 | $439,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Darlene Wise
Seller's Agent in 2025
Darlene Wise
Cummings & Co Realtors
(443) 900-3419
30 in this area
183 Total Sales
-
Gabriel Dutton
Buyer's Agent in 2025
Gabriel Dutton
Keller Williams Gateway LLC
(443) 756-4878
15 in this area
204 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2027496
APN: 10-068665
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