2 48th Street, Unit 1502

Ocean City, MD 21842

$861,000
Last Sold Price
3
Beds
3
Baths
1,650 Sq. Ft.
$522 / Sq. Ft.
1,650
Sq. Ft.
$522
per Sq. Ft.

Description

Captivating panoramic skyline views are the highlight of this 15th-floor, southern-exposure residence at Ocean City's premier oceanfront building. Meticulously cared for, this residence offers buyers an experience unlike any other building in Ocean City. Enjoy sweeping ocean views, downtown-skyline views and bay-views, all from the comfort of your living room and, your owners-suite. Impeccably designed, and professionally furnished, this is undoubtedly your new beach-home in waiting. Featuring 3...Captivating panoramic skyline views are the highlight of this 15th-floor, southern-exposure residence at Ocean City's premier oceanfront building. Meticulously cared for, this residence offers buyers an experience unlike any other building in Ocean City. Enjoy sweeping ocean views, downtown-skyline views and bay-views, all from the comfort of your living room and, your owners-suite. Impeccably designed, and professionally furnished, this is undoubtedly your new beach-home in waiting. Featuring 3 spacious bedrooms and 3 full bathrooms, you'll find plenty of space and room for all of your family and friends to spread out. The Gateway Grand offers owners year-round enjoyment with a heated indoor-pool, state-of-the-art fitness center, kids-club, owners lounges, on-site property management, deeded storage lockers, private parking garage, conditioned corridors, and so much more. Summer 2021 is going to be the best one yet. Start it off right with this new beach home.
  1. Listed by Grant K Fritschle • Keller Williams Realty Delmarva
    P: 4104305880 grant@grantf.com
  2. Listed by Jonathan M Barker • Keller Williams Realty Delmarva
    P: 4109353810 jon@markf.com

Property Details for 2 48th Street, Unit 1502

Tax ID Number
10-765072
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
15
Structure Type
Unit/Flat/Apartment
Style
Unit/Flat
Levels/Stories
1

Location

Listing Courtesy of Keller Williams Realty Delmarva

Sold By Coldwell Banker Realty

Add your commute
LISTING UPDATED: 09/10/2022 10:32 AM

Property Details for 2 48th Street, Unit 1502

StatusClosed
MLS #MDWO120166
Days on Market18
Taxes$10,724 / year
HOA Fees-
Condo/Co-op Fees$741 / month
Compass TypeCondo
MLS TypeResidential / Condo
Year Built2008
CountyWorcester County

Building

Gateway Grand

196 Units2 StoriesBuilt in 2008

Location

Listing Courtesy of Keller Williams Realty Delmarva

Sold By Coldwell Banker Realty

Add your commute

Building Information for 2 48th Street, Unit 1502

Building/ComplexGateway GrandFloor-Stories2Residences196Pet Policy-Year Built2008

Payment Calculator

$6,333 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,699

Property Taxes

$894

HOA Dues

$741

The Payment Calculator is for illustrative purposes only.

Property Information for 2 48th Street, Unit 1502

Location
Location
  • In City Limits: Yes
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • County: WORCESTER
  • MLS Area: Oceanfront Indirect View (81)
  • OC Cross Street: 48
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: Yes
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Tidal Water: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Condo Coop Name: Gateway Grand
  • Condo Coop Phone: (410) 723-1119
  • HOA Condo Coop Mgmt Type: Professional - On-site
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Snow Removal, Water
  • HOA Condo Coop Amenities: Common Grounds, Elevator, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Security, Swimming Pool
  • Property Manager Y/N: Yes
  • Elevator Use Fee: $200
  • Other Fees: $80
  • Other Fees Frequency: One Time
  • Senior Community: No
  • Association Recreation Fee Y/N: No
  • Capital Contribution Amount: $2,223
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $759,000
  • Year Assessed: 2020
  • County Tax: $6,414
  • Improvement Assessed Value: $0
  • City Town Tax: $3,460
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 012
  • Zoning: RESIDENTIAL
  • Tax Lot: 1502
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 3
  • # Bathrooms Full Main Level: 3
Rooms
  • Stories: Main
Building Info
Building Info
  • Builder Name: Bovis Lendlease
  • Building Level Count: 17
  • Building Units Total: 0
  • Total Finished SQFT: 1,650.00
  • Total Finished SQFT Source: Assessor
  • Tax Total Finished SQFT: 1,650.00
  • Total SQFT: 1,650.00
  • Total SQFT Source: Assessor
  • Floors In Unit Count: 1
  • Elevators Count: 5
  • Main Entrance Orientation: West
  • Construction Materials: Concrete, Metal Siding
  • Roof: Flat
  • Wall and Ceiling Types: 9'+ Ceilings, Dry Wall
  • Common Walls: 2+ Common Walls
  • Flooring Type: Carpet, Ceramic Tile
  • Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Full-Main Level-3
  • # Bathrooms Full: 3
  • Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 5837019
Parking
Parking
  • Type Of Parking: Attached Carport, Parking Lot, Other
  • Attached Carport - # of Spaces: 2.0
  • Carport Spaces Count: 2
  • Parking Features: Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Parking, Secure Parking, Surface, Unassigned
Interior Features
Interior Features
  • Interior Features: Breakfast Area, Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Sprinkler System, Walk-in Closet(s), Window Treatments
  • Fireplace: No
  • Fireplaces Count: 0
  • Accessibility Features: 32"+ wide Doors, Elevator
  • Security Features: 24 hour security, Desk in Lobby, Exterior Cameras, Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor, Surveillance Sys
  • Door Features: Sliding Glass
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
Exterior Features
Exterior Features
  • Exterior Features: Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
  • Outdoor Living Structures: Balconies- Multiple
  • Pool: Yes - Community
  • Community Pool Features: Heated, In Ground, Indoor
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Septic, Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)
  • List Agent URL: www.GrantF.com

Property History for 2 48th Street, Unit 1502

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2 48th Street, Unit 1502

Taxable ValueLand$531,300Additions$227,700Total$759,000
Tax Record2023$10,699 ($892 / month)
Home Facts
Beds0Baths3Total Finished SqFt1,650 SqFtAbove Grade Finished SqFt1,650 SqFtStyleCondominiumYear Built2008CountyWORCESTERAPN10-765072

Schools near 2 48th Street, Unit 1502

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ocean City Elementary School
PublicPK to 4

Berlin Intermediate School
Public5 to 6

Stephen Decatur Middle School
Public7 to 8

Stephen Decatur High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty Delmarva

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 09/10/2022 10:32 AM