NOT LISTED FOR SALE

509 Penguin Dr Unit 304C Ocean City, MD 21842

2 Beds
2 Baths
1,080 Sq Ft
$395/mo HOA Fee

Last Sold April 26, 2024

Last sale price $399,900 $370 Per Sq Ft

3 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Pier or Dock
  • Water Access
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Penthouse

About This Home

As of April 2024

Have you been looking for your perfect beach escape? A place ready to move in and enjoy immediately? You've found it here at Sandy Lane Estates! Located off 32nd St on the bay, this location is ideal - providing quick access to the beach, a short trip to the boardwalk and a quiet street tucked away from Coastal Hwy. This two bedroom, two bath unit comes fully furnished and equipped. It has not been used as a rental by the two previous owners and has been meticulously maintained and updated. Enter to find a large, open kitchen, dining and living space with LVP flooring. The kitchen features new appliances, upgraded countertops and tile backsplash. The living space has an abundance of natural light from the sliders that lead out to a large private balcony, a perfect place to enjoy breathtaking sunsets. Both bedrooms are spacious, with the master having access to the deck and water views from the comfort of your king size bed. Both bathrooms, including the private master bath, have been recently upgraded. With almost everything upgraded or new since current owners purchased in 2018, this special unit is completely turn-key and ready for you to enjoy! Sandy Lane estates has an outdoor pool, tennis courts and a private dock. With shared storage next to the pool and a storage locker right outside the front door, there's plenty of space for all your beach toys! Boat slips may become available to residents or be able to be purchased in the future! Do not miss your chance to enjoy summertime in Ocean City! Schedule a showing before it's gone!

Last Agent to Sell the Property

Sarah Rosenblit

(410) 430-2036 sarah.rosenblit@cbrealty.com Coldwell Banker Realty License #5005111 Listed on: 03/21/2024

Coldwell Banker Realty

Co-Listed By

Maryellen Rosenblit

(410) 430-9522 maryellen.rosenblit@cbmove.com Coldwell Banker Realty

Last Buyer's Agent

Kristen Gebhart

(410) 726-8995 kgebhartrealtor@gmail.com Northrop Realty License #RS-0037236

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 1973

Lot Details

  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

  • $395 Monthly HOA Fees

Home Design

  • Penthouse
  • Coastal Architecture
  • Entry on the 3rd floor
  • Frame Construction

Interior Spaces

  • 1,080 Sq Ft Home
  • Property has 1 Level
  • Wainscoting
  • Ceiling Fan
  • Open Floorplan
  • Carpet

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Home Security

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near a canal
  • Deck

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 304
  • Assessor Parcel Number 2410063094

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pier/dock maintenance, pool(s)
  • Low-Rise Condominium
  • Sandy Lane Estates Community
  • Property Manager

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,045

Year Built

Built in 1973

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Condominium
  • Exclusions: Personal Items, Staging Items
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-03-21
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Have you been looking for your perfect beach escape? A place ready to move in and enjoy immediately? You've found it here at Sandy Lane Estates! Located off 32nd St on the bay, this location is ideal - providing quick access to the beach, a short trip to the boardwalk and a quiet street tucked away from Coastal Hwy. This two bedroom, two bath unit comes fully furnished and equipped. It has not been used as a rental by the two previous owners and has been meticulously maintained and updated. Enter to find a large, open kitchen, dining and living space with LVP flooring. The kitchen features new appliances, upgraded countertops and tile backsplash. The living space has an abundance of natural light from the sliders that lead out to a large private balcony, a perfect place to enjoy breathtaking sunsets. Both bedrooms are spacious, with the master having access to the deck and water views from the comfort of your king size bed. Both bathrooms, including the private master bath, have been recently upgraded. With almost everything upgraded or new since current owners purchased in 2018, this special unit is completely turn-key and ready for you to enjoy! Sandy Lane estates has an outdoor pool, tennis courts and a private dock. With shared storage next to the pool and a storage locker right outside the front door, there's plenty of space for all your beach toys! Boat slips may become available to residents or be able to be purchased in the future! Do not miss your chance to enjoy summertime in Ocean City! Schedule a showing before it's gone!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer - Front Loading, Exhaust Fan, Freezer, Microwave, Oven/Range - Electric, Refrigerator, Stove, Washer - Front Loading
  • Entry Floor: 3
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Primary Bedroom - Bay Front, Upgraded Countertops, Wainscotting
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1080
  • Living Area Sq Ft: 1080
  • Price Per Sq Ft: 370.28
  • Above Grade Finished Sq Ft: 1080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 509

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: Frame
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Water Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 395.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pier/Dock, Pool - Outdoor, Tennis Courts, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s)
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

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: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3045.00
  • Assessor Parcel Number: 2410063094
  • Tax Lot: 304
  • Tax Total Finished Sq Ft: 1080
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/26/2024

Multi Family

  • Federal Flood Zone: X, AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2024 04/26/24 Sold $399,900 0.0% $370 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $399,900 +49.8% $370 / Sq Ft
02/01/2019 02/01/19 Sold $267,000 -1.1% $247 / Sq Ft View Prior Sale
01/05/2019 01/05/19 Pending -- -- --
12/02/2018 12/02/18 For Sale $269,900 -- $250 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2019602

Bright MLS