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$25,000
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Property Description
This is the 2nd of 4 fractional ownership shares being listed for sale for this unit. Interested in having a place in OC, but not spending an arm and a leg? This is your chance to enjoy shared ownership of a condominium in Ocean City that sits on the open bay! This is one of four listings that allows you to buy 1 share of 10 shares of 10 ownership in this unit. Each share is individually deeded!Ownership of a share gives you one week use of the unit every ten weeks (rotating annually). If you'd prefer to rent out some of your weeks you can do that too. There are no rental restrictions.Please note this is NOT a timeshare. It's simply shared ownership of a unit with a small group of other individuals who wanted a piece of Ocean City without the hassles and cost of full ownership.Unit 301 also comes with an assigned boat slip! So, bring your boat to make the most of this direct open bay condo! Bayshore Drive is in the 28th St area of Ocean City, so you're a short walk or bike ride from great restaurants and bars like Buxy's, Mother Cantina, Touch of Mediterranean and others!Currently the owners use a system where each share holder pays $1500 per year to cover all: taxes, condo fees, utilities, insurance, cable, internet, telephone, water/sewer, and trash.
Full Property Details
Full Property Details for 413 Bayshore Dr #301
General
- Sold For: $25,000
- Taxes: $3,268 (2019)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO113380
- Added to Site: 2, 177 day(s) ago
Interior
- Interior Features: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining
- Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
- Furnished: Yes
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Additional Information
- Shared Amenities: Boat Dock/Slip, Pier/Dock
Exterior
- Exterior Features: Other
- Porch/Patio/Deck: Balcony
Parking
- Assigned Spaces: 1
- Parking Features: Assigned, Paved Parking
- Parking Type: Off Street, Parking Lot
Location
- Area: Bayside Waterfront (84)
- Municipality: Ocean City
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Building Name: Sun And ---
- Driving Directions: turn west on Bayshore Drive off of Coastal Hwy. Building is on the left.
- 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. Fees Include: Common Area Maintenance, Ext Bldg Maint, Insurance, Pier/Dock Maintenance
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Central air: Yes
- Cooling Type: Ceiling Fan(s), Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Unit/Flat
- Architectural Style: Unit/Flat
- Structure Type: Garden 1 - 4 Floors
- Construction: Brick Veneer, Masonry
- Entry Floor Number: 3
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 1,178
- Sq. Ft. Source: Assessor
- Living Area: 1,178 Sq. Ft.
- Year Built: 1972
- Year Built Source: Assessor
Lot Features
- Lot Dimensions: 0.00 x 0.00
- Zoning: R-2
Water Features
- Water Front: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Access Desc: Boat - Powered, Canoe/Kayak
- Water Front Type: Bay
- Water Front Name: Assawoman Bay
Financial Considerations
- Price Per Sq. Ft.: $21.22
- Assessment Year: 2020
- City/TownTax: $1,069
- City/TownTax Freq: Annually
- County Tax: $1,941
- County Tax Freq: Annually
- Tax w/Assessment: $229,700
- Tax Amount: $3,268
- Tax Year: 2019
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1178
Disclosures and Reports
- Ownership: Fractional
- Condo: Yes
- Inclusions: furnished
- Lot Number: 301
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Schools
Schools serving 413 Bayshore Dr #301
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 1.6 mi |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 7.3 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 6 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 413 Bayshore Dr #301
Date
Details
Price
Change
Source
6/26/2020
Sold
$25,000
—
MLS
4/18/2020
Listed
$25,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
413 Bayshore Drive #301, Ocean City, MD 21842 (MLS# MDWO113380) is a Condo property that was sold at $25,000 on June 26, 2020. Want to learn more about 413 Bayshore Drive #301? 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.

