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207 Bayview Lane #404, Ocean City, MD 21842
$560,000
207 Bayview Lane #404, Ocean City, MD 21842View this property at 207 Bayview Lane #404, Ocean City, MD 21842
207 Bayview Lane #404Ocean CityMD21842
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Property Description
Rarely offered penthouse condo with two floors. Totally remodeled with gorgeous kitchen and baths. Best bayfront and sunset views in Ocean City from huge main level balcony or from master bedroom balcony on the second floor. This downtown location is only 3 blocks to the ocean and boardwalk yet sits direct bayfront with fishing and crabbing right outside your door. Walk to DeLazy Lizzard, Spain Bar, M.R. Ducks, Angler, Marina Deck and the Inlet. This spacious 3 bedroom unit is great for your family use or for producing income from weekly rentals. 2022 gross rental income approx $51,500. Lovely pool overlooking the bay for those days you don't go to the beach. Temporarily elevated condo fee is for a short time and than back to regular condo fee of approximately $1256.00 per quarter. Seller will pay $10,000 at closing to shorten the period of elevated fee. Call listing agent for details.
Full Property Details
Full Property Details for 207 Bayview Ln #404
General
- Sold For: $560,000
- Taxes: $4,657 (2022)
- Status: Closed
- Type: Condo
- MLS ID: MDWO2010220
- Added to Site: 606 day(s) ago
Interior
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Dryer In Unit, Washer In Unit
Additional Information
- Shared Amenities: Elevator, Extra Storage, Pool - Outdoor, Swimming Pool
- Shared Pool: Yes
- Pool: Yes
Parking
- Assigned Spaces: 2
- Parking Features: Assigned, Parking Space Conveys
- Parking Type: Parking Lot
Location
- Area: Bayside Waterfront (84)
- Municipality: Ocean City
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Building Name: Crab Cove On the Bay
- Driving Directions: Enter Ocean City from Rt. 50 bridge, north on Baltimore Avenue, left on 3rd St. to property at bayfront
- Location Details: Bayfront
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
Community
- Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air, Heat Pump - Electric BackUp
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Loft with Bedrooms, Traditional
- Architectural Style: Loft with Bedrooms, Traditional
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Concrete, Combination
- Entry Floor Number: 1
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 1,406
- Sq. Ft. Source: Assessor
- Living Area: 1,406 Sq. Ft.
- Year Built: 1984
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- Unit Floor in Bldg.: 2
Lot Features
- Property View: Bay
- Lot Dimensions: 0.00 x 0.00
- Zoning: R-2
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Bay
Financial Considerations
- Price Per Sq. Ft.: $411.81
- Assessment Year: 2022
- City/TownTax: $1,495
- City/TownTax Freq: Annually
- County Tax: $2,792
- County Tax Freq: Annually
- Tax w/Assessment: $330,400
- Tax Amount: $4,657
- Tax Year: 2022
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1406
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Condominium
- Condo: Yes
- Exclusions: several wall hangings
- Inclusions: furnishings
- Lot Number: 404
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Schools
Schools serving 207 Bayview Ln #404
School District:Worcester County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
12828 Center Dr, Ocean City, MD 21842 | PK-4 | 1.3 mi | |
309 Franklin Ave, Berlin, MD 21811 | PK-4 | 6.7 mi | |
9815 Seahawk Rd, Berlin, MD 21811 | 7-8 | 5.5 mi | |
9913 Seahawk Rd, Berlin, MD 21811 | 9-12 | 5.6 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 207 Bayview Ln #404
Date
Details
Price
Change
Source
4/07/2023
Sold
$560,000
-3.28%
MLS
10/20/2022
Price Reduced
$579,000
-3.34%
MLS
9/14/2022
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
207 Bayview Lane #404, Ocean City, MD 21842 (MLS# MDWO2010220) is a Condo property that was sold at $560,000 on April 07, 2023. This property was sold by Terry Miller from our Ocean City - 123rd Office.Want to learn more about 207 Bayview Lane #404? 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.