Seller's Agent in 2025
Nina Littleton
Coldwell Banker Realty
(410) 430-9481
16 in this area
54 Total Sales
7 40th St Unit 301 Ocean City, MD 21842
2
Beds
2
Baths
987
Sq Ft
$359/mo
HOA Fee
Highlights
- Open Floorplan
- Main Floor Bedroom
- Wainscoting
- Ocean City Elementary School Rated A
- Breakfast Area or Nook
- Bathtub with Shower
About This Home
As of September 2025Stunning 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".
Last Agent to Sell the Property
(410) 430-9481 nina.littleton@cbmove.com Coldwell Banker Realty Listed on: 08/01/2025
Last Buyer's Agent
(301) 806-8871 carolstrasfeld@gmail.com Unrepresented Buyer Office
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
Home Design
- Entry on the 3rd floor
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2019
Closed on
Aug 19, 2019
Sold by
Georgakopoulous Marika and Freni Archontia G
Bought by
Miles Frank M and Miles Deborah A
Seller's Agent
Jeannie Betten
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Nina Littleton
Coldwell Banker Realty
List Price
$279,000
Sold Price
$257,500
Premium/Discount to List
-$21,500
-7.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Purchase Details
Closed on
May 23, 1991
Sold by
Misler Steven N
Bought by
Georgakopoulos Panavotis and Georgakopoulos Marika
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
9.5%
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 | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Sold | $493,000 | -7.0% | $499 / Sq Ft |
| 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
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 |
|---|---|---|---|---|
| 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
Agents Affiliated with this Home
-
Nina Littleton
-
Carol Strasfeld
Buyer's Agent in 2025
Carol Strasfeld
Unrepresented Buyer Office
(301) 806-8871
105 in this area
6,778 Total Sales
-
Jeannie Betten
Seller's Agent in 2019
Jeannie Betten
BHHS PenFed (actual)
(443) 365-7021
54 in this area
60 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2032378
APN: 10-055105
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