$123,000
SOLD DEC 21, 2020

7 45th St Unit 209 Ocean City, MD 21842

1 Bed
1 Bath
288 Sq Ft
$104/mo HOA Fee

Recently Sold

$427 Per Sq Ft

3% Above List Price

Highlights

  • Water Oriented
  • Furnished
  • Villa
  • Ocean City Elementary School Rated A
  • Wall Furnace
  • Electric Fireplace

About This Home

As of August 2025

Just a few steps to the beach, this second floor condo has a view of the ocean from outside your door and you can even hear the surf. Beautifully renovated, this efficiency is a popular rental. Annually, it grosses $28,000 thru VRBO & AirBnB. Efficient arrangement of space allows room for a queen bed & queen sleep sofa, a clothes closet, a nice kitchenette, and a very nice bathroom with tile tub/shower, full size toilet, and a tidy vanity. Outside storage and a convenient assigned parking space are a plus. This could by your affordable getaway by the ocean and a money maker too. Come see this little gem by the sea. You will be impressed.

Last Agent to Sell the Property

Paul Chambers

Coldwell Banker Realty Listed on: 11/24/2020

Coldwell Banker Realty

Last Buyer's Agent

Lauren Bunting

Keller Williams Realty Delmarva License #581537

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,085

Year Built

  • Built in 1971

HOA Fees

  • $104 Monthly HOA Fees

Home Design

  • Villa
  • Entry on the 2nd floor
  • Built-Up Roof
  • Vinyl Siding

Interior Spaces

  • 288 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Electric Fireplace
  • Cooktop

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Water Oriented
  • Property is near an ocean

Schools

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

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Property is in good condition
  • Flood Risk

Community Details

  • Association fees include common area maintenance, exterior building maintenance, insurance
  • Low-Rise Condominium
  • Ocean Wave 45 Community
  • Non Development Subdivision
  • Property Manager

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 209
  • Assessor Parcel Number 10-067049

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,085

Year Built

Built in 1971

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat, Villa
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-11-24
  • Federal Flood Zone: Yes
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Just a few steps to the beach, this second floor condo has a view of the ocean from outside your door and you can even hear the surf. Beautifully renovated, this efficiency is a popular rental. Annually, it grosses $28,000 thru VRBO & AirBnB. Efficient arrangement of space allows room for a queen bed & queen sleep sofa, a clothes closet, a nice kitchenette, and a very nice bathroom with tile tub/shower, full size toilet, and a tidy vanity. Outside storage and a convenient assigned parking space are a plus. This could by your affordable getaway by the ocean and a money maker too. Come see this little gem by the sea. You will be impressed.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop
  • Entry Floor: 2
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 1
  • Levels Count: 2
  • Room Count: 2
  • Basement: No
  • Total Sq Ft: 288
  • Living Area Sq Ft: 288
  • Price Per Sq Ft: 413.19
  • Above Grade Finished Sq Ft: 288
  • 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: Vinyl Siding
  • Roof: Built-Up
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 625.00
  • Condo Co-Op Fee Frequency: Semi-Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: BERLIN INTERMEDIATE SCHOOL
  • High School: STEPHEN DECATUR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138066543
  • School District Source: 3rd Party
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: BERLIN INTERMEDIATE SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Total Actual Rent: 28000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5402627
  • Tax Annual Amount: 1085.00
  • Assessor Parcel Number: 10-067049
  • Tax Lot: 209
  • Tax Total Finished Sq Ft: 288
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/21/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2025
Closed on
Aug 20, 2025
Sold by
Hudson Christopher R and Hudson Kimberly
Bought by
Krawczyk Brian and Krawczyk Alexis
Seller's Agent
Lauren Bunting
Keller Williams Realty Delmarva
Buyer's Agent
Teresa Foster
VRA Realty
List Price
$199,900
Sold Price
$200,500
Premium/Discount to List
$600
0.3%
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.29%
Original Mortgage
$175,500
Outstanding Balance
$175,500
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$19,192

Purchase Details

Listed on
Nov 24, 2020
Closed on
Dec 21, 2020
Sold by
Maroz Scott Gideon and Livng Dea
Bought by
Hudson Christopher R and Hudson Kimberly
Seller's Agent
Paul Chambers
Coldwell Banker Realty
Buyer's Agent
Lauren Bunting
Keller Williams Realty Delmarva
List Price
$119,000
Sold Price
$123,000
Premium/Discount to List
$4,000
3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
Jun 8, 2019
Sold by
Maroz Scott and Maroz Dea
Bought by
Maroz Scott Gideon and Maroz Dea Lynn

Purchase Details

Closed on
Dec 21, 2013
Sold by
Taylor Dennis L and Taylor Rachel R
Bought by
Maroz Scott and Maroz Dea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1987
Sold by
Furlan Daniel A and Furlan Marie
Bought by
Taylor Dennis L and Taylor Rachel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
10.55%

Purchase Details

Closed on
Jul 17, 1984
Sold by
Tucker Eugene M
Bought by
Furlan Daniel A and Furlan Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,050
Interest Rate
14.68%

Purchase Details

Closed on
Mar 16, 1981
Sold by
Johnson Linda K
Bought by
Tucker Eugene M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $200,500 First American Title
Deed $200,500 First American Title
Deed $123,000 None Available
Interfamily Deed Transfer -- None Available
Deed $65,000 Title Resources Guaranty Co
Deed $35,000 --
Deed $33,800 --
Deed $23,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,500 New Conventional
Closed $175,500 New Conventional
Previous Owner $51,000 New Conventional
Previous Owner $48,750 New Conventional
Previous Owner $28,000 No Value Available
Previous Owner $28,050 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Sold $200,500 +0.3% $696 / Sq Ft
06/12/2025 06/12/25 For Sale $199,900 +62.5% $694 / Sq Ft
12/21/2020 12/21/20 Sold $123,000 +3.4% $427 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $119,000 -- $413 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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
2025 $1,284 $107,200 $0 $0
2024 $1,284 $92,000 $0 $0
2023 $1,079 $76,800 $38,400 $38,400
2022 $1,079 $76,800 $38,400 $38,400
2021 $1,085 $76,800 $38,400 $38,400
2020 $1,085 $76,800 $38,400 $38,400
2019 $1,076 $75,667 $0 $0
2018 $1,050 $74,533 $0 $0
2017 $1,042 $73,400 $0 $0
2016 -- $73,400 $0 $0
2015 $1,261 $73,400 $0 $0
2014 $1,261 $82,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO118554

Bright MLS

APN: 10-067049