7 40th St Unit 307 Ocean City, MD 21842
Estimated payment $2,345/month
Total Views
14,759
1
Bed
1
Bath
588
Sq Ft
$536
Price per Sq Ft
Highlights
- Ocean View
- Furnished
- Central Heating and Cooling System
- Ocean City Elementary School Rated A
- Balcony
- Stacked Washer and Dryer
About This Home
Enjoy an ocean view from your 3rd-floor balcony at A Place in the Sun Condominium! Centrally located in Midtown Ocean City, the building is professionally managed, has covered assigned parking, and sits just steps from the beach. This unit also has a rear balcony that gets afternoon sun and overlooks the neighboring pool. Several upgrades in 2018, which include a new HVAC system, water heater, flooring, kitchen cabinets & countertops, and in 2023, the rear slider was replaced. This place is fully furnished and ready for you to start enjoying the beach lifestyle.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,509
Year Built
- Built in 1972
HOA Fees
- $412 Monthly HOA Fees
Home Design
- Vinyl Siding
Interior Spaces
- 588 Sq Ft Home
- Property has 1 Level
- Furnished
- Ocean Views
Kitchen
- Electric Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Home Security
Parking
- On-Street Parking
- Parking Lot
- Off-Street Parking
- 1 Assigned Parking Space
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 307
- Assessor Parcel Number 2410054818
Community Details
Overview
- Association fees include insurance, management
- 40 Units
- Low-Rise Condominium
- A Place In The Sun Community
- Property Manager
Pet Policy
- Pets Allowed
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
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 | $2,502 | $214,600 | $0 | $0 |
| 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 |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Price Changed | $315,000 | -6.0% | $536 / Sq Ft |
| 03/04/2025 03/04/25 | Price Changed | $335,000 | -2.9% | $570 / Sq Ft |
| 11/07/2024 11/07/24 | For Sale | $345,000 | -- | $587 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $53,000 | -- | |
| Deed | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $47,700 | No Value Available | |
| Previous Owner | $22,000 | No Value Available |
Source: Public Records
Similar Homes in Ocean City, MD
Source: Bright MLS
MLS Number: MDWO2026720
APN: 10-054818
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