Ocean City, MD 21842,405 PHILADELPHIA AVE #25
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Ocean City, MD 21842,405 PHILADELPHIA AVE #25
Ocean City, MD 21842,405 PHILADELPHIA AVE #25
Ocean City, MD 21842,405 PHILADELPHIA AVE #25
Ocean City, MD 21842,405 PHILADELPHIA AVE #25

$300,000

Est. payment /mo

$315,000

4.8%
Est.Price: ?

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405 PHILADELPHIA AVE #25 Ocean City, MD 21842

2 Beds

1 Bath

456 SqFt

SOLD DATE : 02/22/2024

Key Details

Sold Price $300,000

Property Type Condo

Sub Type Condo/Co-op

Listing Status Sold

Purchase Type For Sale

Square Footage 456 sqft

Price per Sqft $657

Subdivision Hitchens & Trimper

MLS Listing ID MDWO2017684

Sold Date 02/22/24

Style Cottage

Bedrooms 2

Full Baths 1

Condo Fees $619/mo

HOA Y/N N

Abv Grd Liv Area 456

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $1,221

Tax Year 2023

Lot Dimensions 0.00 x 0.00

Property Description

Downtown coastal cottage in the heartbeat of OC! This modern & updated detached home is the absolute dream low maintenance vacation property &/or investment opportunity. This charming pad is incredibly unique to downtown, only 2 two blocks to the beach/boardwalk action and literally next door to the gorgeous new downtown park with free basketball courts, tennis & pickle ball courts, skatepark, playground & picnic area all while overlooking the gorgeous sunsets over the open bay! Recent updates include 3 LG ductless heat & air system, SS appliances, newer shingle roof, tile shower w/ bluetooth speaker, exterior storage shed and new deck & slider. Property also conveys fully furnished, has an electric fireplace, parking pass, onsite laundry, in season security, outdoor shower & yes access to the community pool! (Per management) Engineer report clean & unlike most "condos" in OC this unit is only responsible to mainatain reserves for their home & limited common areas, not the other units/buildings within community, what a bonus considering the updates already in place! Fees are only temporarily raised to build the reserves according to new Maryland law, reserves will be plentiful & any future updates for this cottage will come from that fund. Community is professionaly maintained & managed. Yes, this is the affordable investment property in OC you have been waiting for!

Location

State MD

County Worcester

Area Bayside Interior (83)

Zoning R3

Direction North

Rooms

Main Level Bedrooms 2

Interior

Hot Water Electric

Heating Other

Cooling Ductless/Mini-Split

Furnishings Yes

Fireplace N

Heat Source Electric

Exterior

Garage Spaces 1.0

Amenities Available Laundry Facilities, Pool - Outdoor

Water Access N

Accessibility 32\"+ wide Doors

Total Parking Spaces 1

Garage N

Building

Story 1

Foundation Crawl Space

Sewer Public Sewer

Water Public

Architectural Style Cottage

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Worcester County Public Schools

Others

Pets Allowed Y

HOA Fee Include Common Area Maintenance,Insurance,Management,Pool(s)

Senior Community No

Tax ID 2410749387

Ownership Condominium

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Pets Allowed Dogs OK, Cats OK

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Bright MLS (BMLS)
Listed by Katie Quinn • Berkshire Hathaway HomeServices PenFed Realty-WOC
Bought with Whitney Jarvis • Coldwell Banker Realty

Greg Kolandjian

Team Leader | License ID: 0225205024

+1(540) 737-8150

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