505 Penguin Dr, Unit 8
Description
Property Details for 505 Penguin Drive, Unit 8
Property Details for 505 Penguin Drive, Unit 8
| Status | Closed |
|---|---|
| MLS # | MDWO2023568 |
| Days on Market | 45 |
| Taxes | $2,912 / year |
| HOA Fees | - |
| Condo/Co-op Fees | $3,400 / year |
| Compass Type | Condo |
| MLS Type | Residential / Condo |
| Year Built | 1981 |
| County | Worcester County |
Location
Sold By Unrepresented Buyer Office
Virtual Tour
Building Information for 505 Penguin Drive, Unit 8
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1Property Information for 505 Penguin Drive, Unit 8
- In City Limits: Yes
- School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
- School District County ID: 121138066543
- SchoolDistrictSource: Listing Agent
- High School: STEPHEN DECATUR (WORCESTER MD)
- County: WORCESTER
- MLS Area: Bayside Waterfront (84)
- OC Cross Street: 32
- Water View: Yes
- Water Access: Yes
- Water Access Features: Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Boat - Powered
- Water Oriented: Yes
- Navigable Water: Yes
- Tidal Water: Yes
- Water Body Type: Canal
- Water Frontage In Feet: 15.0
- Docks Count: 1
- Dock Type and Features: Pier (Perpendicular), Private, Single Slip, Hoist/Lift Electric
- Dock/Slip Conveys Y/N: true
- Dock/Slip Conveyance: Assigned
- Slips Count: 1
- Condo Coop Name: Mallard Landing
- HOA Condo Coop Mgmt Type: Owner/Self-Management
- HOA Condo Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pier/Dock Maintenance, Reserve Funds
- HOA Condo Coop Amenities: Common Grounds, Reserved/Assigned Parking, Boat Dock/Slip
- Property Manager Y/N: No
- Senior Community: No
- Association Recreation Fee Y/N: No
- Type of Condo: Condo/Coop Association
- Tax Year: 2024
- Tax Assessed Value: $206,600
- Year Assessed: 2023
- County Tax: $1,746
- City Town Tax: $935
- Clean Green Assessed: No
- Municipal Trash: Yes
- Zoning: R-2
- Tax Lot: 4413
- Automatically Update Tax Values Y/N: No
- Pets Allowed: Yes
- Pet Restrictions: Dogs OK, Cats OK
- # Bathrooms Count Main Level: 1
- # Bathrooms Half Main Level: 1
- # Bedrooms Count All Upper Levels: 2
- # Bathrooms Count All Upper Levels: 1
- # Bathrooms Full All Upper Levels: 1
- # Bathrooms Half All Upper Levels: 0
- # Bedrooms Count Upper Level: 2
- # Bathrooms Count Upper Level: 1
- # Bathrooms Full Upper Level: 1
- # Bathrooms Half Upper Level: 0
- Stories: Main, Upper 1
- Total Finished SQFT: 1,033.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 1,033.00
- Total SQFT Source: Estimated
- Main Entrance Orientation: North
- Construction Materials: Brick, Frame, Stick Built, Vinyl Siding
- Roof: Asphalt
- Flooring Type: Ceramic Tile, Carpet
- Foundation Details: Crawl Space
- Room and Floor: Bathrooms Half-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bathrooms Full-Upper Level 1-1
- # Bathrooms Full: 1
- # Bathrooms Half: 1
- Other Structure: Above Grade, Below Grade
- Lot Features: Additional Lot(s)
- Location Type: Canal
- Type Of Parking: On Street, Off Street
- Off Street - # of Spaces: 1
- Parking Features: General Common Elements, Paved Parking
- Interior Features: Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Primary Bedroom - Bay Front, Window Treatments
- Fireplace: No
- Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Icemaker, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater, ENERGY STAR Refrigerator
- Accessibility Features: Level Entry - Main
- Laundry Type: Main Floor
- Virtual Tour URL Unbranded: https://unbranded.youriguide.com/8_505_penguin_dr_ocean_city_md/
- Outdoor Living Structures: Balconies- Multiple
- Pool: No Pool
- Heating: Yes
- Cooling Type: Ceiling Fan(s), Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- Electric Service: 220 Volts
- List Agent AOR: Coastal Association of REALTORS (MD)
- List Agent URL: www.WhitneyJarvis.com
Property History for 505 Penguin Drive, Unit 8
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 13, 2024 | Closed BRIGHT #MDWO2023568 | $460,000 | — |
| Nov 12, 2024 | Price Change BRIGHT #MDWO2023568 | $472,900 | — |
| Nov 12, 2024 | Active Under Contract BRIGHT #MDWO2023568 | — | |
| Oct 19, 2024 | Pending BRIGHT #MDWO2023568 | — | |
| Sep 30, 2024 | Listed (Active) BRIGHT #MDWO2023568 | $474,900 | — |
| Mar 29, 2019 | Closed BRIGHT #MDWO101812 | $275,500 | — |
| Feb 25, 2019 | Pending BRIGHT #MDWO101812 | — | |
| Dec 22, 2018 | Listed (Active) BRIGHT #MDWO101812 | $285,000 | — |
| Jul 9, 2004 | Closed BRIGHT #1000633306 | $290,000 | — |
| Jun 18, 2004 | Pending BRIGHT #1000633306 | — | |
| Apr 16, 2004 | Listed (Active) BRIGHT #1000633306 | $299,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/13/2024 | Closed BRIGHT #MDWO2023568 | $460,000 |
| 11/12/2024 | Price Change BRIGHT #MDWO2023568 | $472,900 |
| 11/12/2024 | Active Under Contract BRIGHT #MDWO2023568 | — |
| 10/19/2024 | Pending BRIGHT #MDWO2023568 | — |
| 09/30/2024 | Listed (Active) BRIGHT #MDWO2023568 | $474,900 |
| 03/29/2019 | Closed BRIGHT #MDWO101812 | $275,500 |
| 02/25/2019 | Pending BRIGHT #MDWO101812 | — |
| 12/22/2018 | Listed (Active) BRIGHT #MDWO101812 | $285,000 |
| 07/09/2004 | Closed BRIGHT #1000633306 | $290,000 |
| 06/18/2004 | Pending BRIGHT #1000633306 | — |
| 04/16/2004 | Listed (Active) BRIGHT #1000633306 | $299,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 505 Penguin Drive, Unit 8
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.
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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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. 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 Coldwell Banker Realty
© 2026 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 12/23/2025 01:01 AM