7 40th St Unit 301 Ocean City, MD 21842
Estimated payment $3,561/month
Total Views
527
2
Beds
2
Baths
987
Sq Ft
$537
Price per Sq Ft
Highlights
- Open Floorplan
- Main Floor Bedroom
- Wainscoting
- Ocean City Elementary School Rated A
- Breakfast Area or Nook
- Bathtub with Shower
About This Home
Stunning Remodeled and Pristine Ocean View Condo – 2 Bed, 2 Bath. Enjoy breathtaking ocean views from this beautifully upgraded two-bedroom, two-bathroom unit. Located just steps from the beach, this home offers modern upgrades and luxurious touches throughout. Step out onto your front private patio and take in the serene ocean scenery or enjoy the back patio views. Inside, you’ll find:
New flooring and custom patio doors,
Spacious kitchen with granite countertops and ample cabinetry,
Fully furnished with tasteful, modern decor,
Recessed lighting, updated ceilings, and a Nest thermostat,
HVAC system only 3 years old,
New carpet in bedrooms,
Owner’s suite with a luxurious en-suite bathroom with title flooring,
Gas fireplace for cool evenings,
Murphy bed in living room (creating sleeping arrangements for a third bedroom),
Upgraded plumbing throughout,
The unit offers an "Assigned Parking Spot" and oversized owner's shed.
Whether you’re looking for a relaxing coastal retreat or a turnkey investment, this condo is move-in ready and designed for comfort and style.
Centrally located to dining, the boardwalk and shopping. This beautiful condo is a MUST SEE to appreciate the "pride of ownership".
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,296
Year Built
- Built in 1972
HOA Fees
- $359 Monthly HOA Fees
Parking
- 1 Assigned Parking Garage Space
- Parking Storage or Cabinetry
- Off-Street Parking
Interior Spaces
- 987 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Wainscoting
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Combination Dining and Living Room
- Breakfast Area or Nook
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Location
- Flood Risk
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 301
- Assessor Parcel Number 2410055105
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, lawn maintenance, reserve funds, trash, water
- Low-Rise Condominium
- A Place In The Sun Condos
- A Place In The Sun Community
- Property Manager
Pet Policy
- Pets Allowed
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,286 | $285,500 | $0 | $0 |
| 2024 | $3,286 | $235,500 | $0 | $0 |
| 2023 | $2,607 | $185,500 | $92,700 | $92,800 |
| 2022 | $2,607 | $185,500 | $92,700 | $92,800 |
| 2021 | $2,621 | $185,500 | $92,700 | $92,800 |
| 2020 | $2,621 | $185,500 | $92,700 | $92,800 |
| 2019 | $2,631 | $185,500 | $92,700 | $92,800 |
| 2018 | $2,613 | $185,500 | $92,700 | $92,800 |
| 2017 | $3,156 | $229,900 | $0 | $0 |
| 2016 | -- | $222,333 | $0 | $0 |
| 2015 | $3,068 | $214,767 | $0 | $0 |
| 2014 | $3,068 | $207,200 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $529,999 | +105.8% | $537 / Sq Ft |
| 08/19/2019 08/19/19 | Sold | $257,500 | -4.6% | $261 / Sq Ft |
| 08/01/2019 08/01/19 | Pending | -- | -- | -- |
| 07/11/2019 07/11/19 | Price Changed | $270,000 | -3.2% | $274 / Sq Ft |
| 06/05/2019 06/05/19 | For Sale | $279,000 | -- | $283 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $257,500 | Title Resources Guaranty Co | |
| Deed | $106,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $84,800 | No Value Available |
Source: Public Records
Similar Homes in Ocean City, MD
Source: Bright MLS
MLS Number: MDWO2032378
APN: 10-055105
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