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2 48th Street #1707, Ocean City, MD 21842
$850,000
2 48th Street #1707, Ocean City, MD 21842View this property at 2 48th Street #1707, Ocean City, MD 21842
2 48th Street #1707Ocean CityMD21842
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Property Description
Magnificent penthouse condo with spectacular ocean views. This unit has never been a rental, but the rental potential is $50- $60k. Your living area & master bedroom are direct ocean front. High cathedral ceilings create a dramatic & impressive appearance. Subzero & Viking appliances for the gourmet chef. Relaxing master suite. All the extras for the discerning purchaser. Professionally furnished & decorated. In addition to this beautiful property you can enjoy all the amenities Gateway Grand has to offer. Indoor & outdoor pools, private ocean front sun terrace, fitness center, kids club, storage lockers & on site property management. A grand lobby greets you as you enter. There is security, garage parking & enclosed hallway corridors for ease of access.
Full Property Details
Full Property Details for 2 48th St #1707
General
- Sold For: $850,000
- Taxes: $11,299 (2018)
- Status: Closed
- Type: Condo
- MLS ID: 1001563212
- Added to Site: 2, 174 day(s) ago
Interior
- Interior Features: Entry Level Bedroom, Ceiling Fan(s), Crown Moldings, Upgraded Countertops, Sprinkler System, Walk-in Closet(s), WhirlPool/HotTub, Window Treatments, Wine Storage
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Icemaker, Washer
- Furnished: Yes
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 3
- Main - Full Baths: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Additional Information
- Shared Amenities: Exercise Room, Golf Course, Pool - Indoor, Pool - Outdoor, Security
- Pool: Yes
- Private Pool: Yes
- Pool Description: Indoor, Indoor
- Security/Safety: Sprinkler System - Indoor
Exterior
- Exterior Features: Outside Shower, Secure Storage
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Handicap Parking, Secure Parking
- Parking Type: Off Street
Location
- Area: Direct Oceanfront (80)
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Building Name: Gateway Grand
- Driving Directions: Coastal Hwy to 48th Street ocean front.
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
- Elementary School: Ocean City
- Middle School: Stephen Decatur
- High School: Stephen Decatur
Community
- Assoc. Name: O
- Assoc. Fees Include: Common Area Maintenance, Insurance, Management, Pool(s), Water, Other
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Other, Floor Furnace
- Heating Fuel: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV
Structural Information
- # Buildings: 1
- Architectural Info: Unit/Flat
- Architectural Style: Unit/Flat
- Structure Type: Hi-Rise 9+ Floors
- Construction: Masonry, Stick Built
- Foundation: Pillar/Post/Pier
- Roof: Built-Up
- Windows: Insulated, Screens
- Doors: Storm
- Entry Floor Number: 17
- Elevator(s ): 5
- Stories/Levels: 16
- Stories Description: Main
- Square Feet: 1,650
- Sq. Ft. Source: Estimated
- Living Area: 1,650 Sq. Ft.
- Year Built: 2008
- Year Built Source: Estimated
Unit Information
- Unit Floor in Bldg.: 1
Additional Structures
- Other Structures: Storage Barn/Shed
Lot Features
- Property View: Ocean, Water
- Lot Features: Cleared
- Zoning: RESIDENTIAL
- Lot Description: Cleared
Water Features
- Water Front: Yes
- Water View: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Front Type: Ocean
- Water Front Name: Atlantic Ocean
- Water Front Desc.: Ocean
Financial Considerations
- Price Per Sq. Ft.: $560.61
- Assessment Year: 2017
- City/TownTax: $3,724
- City/TownTax Freq: Annually
- County Tax: $6,679
- County Tax Freq: Annually
- Tax w/Assessment: $799,900
- Tax Amount: $11,299
- Tax Year: 2018
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Fed Flood Ins Avail.: Yes
- Lot Number: 1707
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Schools
Schools serving 2 48th St #1707
School District:Worcester County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
12828 Center Dr, Ocean City, MD 21842 | PK-4 | 2.8 mi | |
309 Franklin Ave, Berlin, MD 21811 | PK-4 | 8.3 mi | |
9815 Seahawk Rd, Berlin, MD 21811 | 7-8 | 7.1 mi | |
9913 Seahawk Rd, Berlin, MD 21811 | 9-12 | 7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2 48th St #1707
Date
Details
Price
Change
Source
8/19/2019
Sold
$850,000
-8.11%
MLS
3/26/2019
Price Reduced
$925,000
-6.47%
MLS
1/15/2019
Price Reduced
$989,000
-4.86%
MLS
8/10/2018
Price Reduced
$1,039,500
-5.41%
MLS
5/11/2018
Listed
$1,099,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2 48th Street #1707, Ocean City, MD 21842 (MLS# 1001563212) is a Condo property that was sold at $850,000 on August 19, 2019. This property was listed by The McNamara Team from our Ocean City 57th Office.Want to learn more about 2 48th Street #1707? Do you have questions about finding other Condo real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.