$312,000

7 40th St Unit 207 Ocean City, MD 21842

Estimated payment $2,306/month

Total Views 7,340
1 Bed
1 Bath
588 Sq Ft
$531 Price per Sq Ft

Highlights

  • Building is oceanfront but unit may not have water views
  • Stainless Steel Appliances
  • Sliding Doors
  • Ocean City Elementary School Rated A
  • Energy-Efficient Appliances
  • Forced Air Heating and Cooling System

About This Home

Perfect beach getaway, ideally located on 40th St, steps to the ocean and waves. Fully renovated 2024, top to bottom, turnkey ready to enjoy, just bring a tooth brush. Great location to enjoy all the activities Ocean City offers. All NEW; Stainless steel kitchen appliances, cabinets & hardware, solid surface counter top , HVAC & duck work, hot water heater, 2 slider doors, engineered wood flooring throughout, remodeled full bath, energy efficient washer & dryer. New furnishings include; living area sleep sofa, wall mounted TV, dining set, bedroom with 1 twin & queen bed and all other interior accessories. Sunny private back deck for relaxing with new deck furniture. Park your vehicle in the condo under cover parking and walk to endless activities; beautiful beach, best surfing, beach dining at Coconuts Resort, limitless entertainment at the OC Convention Center 39th St, numerous restaurants close by & Boardwalk just blocks away.

Listing Agent

Nanette Pavier

Holiday Real Estate License #520351 Listed on: 03/15/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,509

Year Built

  • Built in 1972

Lot Details

  • Building is oceanfront but unit may not have water views
  • Property is in excellent condition

HOA Fees

  • $359 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space

Home Design

  • Flat Roof Shape

Interior Spaces

  • 588 Sq Ft Home
  • Property has 1 Level
  • Window Treatments
  • Sliding Doors
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Eco-Friendly Details

  • Energy-Efficient Appliances

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 207
  • Assessor Parcel Number 2410054672

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, reserve funds, trash, water
  • Low-Rise Condominium
  • A Place In The Sun Condos
  • A Place In The Sun Community
  • Non Development Subdivision
  • Property Manager

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,509

Year Built

Built in 1972

Lot Details

0

HOA Fees

$359 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-03-15
  • Federal Flood Zone: No
  • Year Built: 1972
  • Remarks Public: Perfect beach getaway, ideally located on 40th St, steps to the ocean and waves. Fully renovated 2024, top to bottom, turnkey ready to enjoy, just bring a tooth brush. Great location to enjoy all the activities Ocean City offers. All NEW; Stainless steel kitchen appliances, cabinets & hardware, solid surface counter top , HVAC & duck work, hot water heater, 2 slider doors, engineered wood flooring throughout, remodeled full bath, energy efficient washer & dryer. New furnishings include; living area sleep sofa, wall mounted TV, dining set, bedroom with 1 twin & queen bed and all other interior accessories. Sunny private back deck for relaxing with new deck furniture. Park your vehicle in the condo under cover parking and walk to endless activities; beautiful beach, best surfing, beach dining at Coconuts Resort, limitless entertainment at the OC Convention Center 39th St, numerous restaurants close by & Boardwalk just blocks away.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater, Built-In Microwave, Disposal, Energy Efficient Appliances, Stainless Steel Appliances
  • Entry Floor: 2
  • Interior Amenities: Window Treatments
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 588
  • Living Area Sq Ft: 588
  • Price Per Sq Ft: 530.61
  • Above Grade Finished Sq Ft: 588
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Combination, Concrete
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1077.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: A Place In The Sun
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Reserve Funds, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: BERLIN
  • 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: BERLIN

Green Features

  • Efficiency: Appliances

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2509.00
  • Assessor Parcel Number: 2410054672
  • Tax Lot: 207
  • Tax Total Finished Sq Ft: 588
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $2,502 $179,300 $0 $0
2023 $2,030 $144,000 $72,000 $72,000
2022 $2,024 $144,000 $72,000 $72,000
2021 $2,035 $144,000 $72,000 $72,000
2020 $2,042 $144,000 $72,000 $72,000
2019 $2,042 $144,000 $72,000 $72,000
2018 $2,028 $144,000 $72,000 $72,000
2017 $2,201 $160,500 $0 $0
2016 -- $155,000 $0 $0
2015 $2,159 $149,500 $0 $0
2014 $2,159 $144,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Price Changed $312,000 -5.2% $531 / Sq Ft
04/11/2025 04/11/25 Price Changed $329,000 -4.1% $560 / Sq Ft
03/15/2025 03/15/25 For Sale $343,000 +40.0% $583 / Sq Ft
04/12/2024 04/12/24 Sold $245,000 -5.8% $417 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
02/05/2024 02/05/24 Price Changed $260,000 -5.5% $442 / Sq Ft
12/04/2023 12/04/23 Price Changed $275,000 -5.1% $468 / Sq Ft
10/18/2023 10/18/23 Price Changed $289,900 -3.4% $493 / Sq Ft
09/28/2023 09/28/23 For Sale $300,000 -- $510 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $245,000 Resort Land Title
Deed -- --
Source: Public Records

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Source: Bright MLS

MLS Number: MDWO2029412

Bright MLS

APN: 10-054672