NOT LISTED FOR SALE

902 Edgewater Ave Unit 504 PARK PLACE Ocean City, MD 21842

2 Beds
2 Baths
1,140 Sq Ft
$367/mo HOA Fee

Last Sold April 05, 2024

Last sale price $390,000 $342 Per Sq Ft

121 Days on Market

Highlights

  • Bay View
  • Open Floorplan
  • Main Floor Bedroom
  • Ocean City Elementary School Rated A
  • Property fronts the bay but unit may not have water views
  • Upgraded Countertops

About This Home

As of April 2024

Very spacious first floor condo, located just steps to the Bay and the local fishing pier, and just 3 blocks to the beach and the boardwalk! Beautiful new CertainTeed siding has just been completed on all 3 buildings! This unit comes fully furnished, and includes two parking spots right outside your front door, a big plus for the downtown area. This is a very quiet section of town right by the bay, and local folks love walking, biking and fishing along the waterfront of Edgewater Ave. From your cute private porch, enjoy your own glistening bayview! The large eat-in kitchen is updated, and includes tiled flooring, brand new stainless steel refrigerator and stove, and newer granite countertops, backsplash, sink, dishwasher, and disposal. Also newer in this condo is beautiful LVP flooring, large washer/dryer appliances, and a gorgeous entertainment system. The kitchen and living room are very open and provide great entertaining space. This condo has cool beadboard walls, and is considerably larger than most two bedroom/two bathroom units: the bedrooms easily accomodate the king size and queen size beds, and the two bathrooms are also updated and spacious. Park Place has a very stong Condo Association, evidenced by smart self management, low condo fees, nice community pool, Trex decking, vinyl railings, paved parking, & brand new siding. Turn key and mostly furnished - this unit works well as a vacation paradise or an investment property. It is a hidden gem in a fantastic location, don't wait to see this one!

Last Listed By

Julie Woulfe

ERA Martin Associates, Shamrock Division Listed on: 10/28/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 1984

Lot Details

  • Property fronts the bay but unit may not have water views
  • Property is in excellent condition

HOA Fees

  • $367 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,140 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Partially Furnished
  • Wainscoting
  • Ceiling Fan
  • Window Treatments
  • Luxury Vinyl Plank Tile Flooring
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Home Security

Parking

  • 2 Off-Street Spaces
  • Paved Parking
  • Parking Space Conveys
  • Assigned Parking

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 504
  • Assessor Parcel Number 2410252393

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), trash, reserve funds
  • Low-Rise Condominium
  • Park Place Association Condos
  • Park Place Community

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Additional Features

  • Common Area
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,330

Year Built

Built in 1984

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Inclusions: Furnished, see exclusions list.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-10-28
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: Very spacious first floor condo, located just steps to the Bay and the local fishing pier, and just 3 blocks to the beach and the boardwalk! Beautiful new CertainTeed siding has just been completed on all 3 buildings! This unit comes fully furnished, and includes two parking spots right outside your front door, a big plus for the downtown area. This is a very quiet section of town right by the bay, and local folks love walking, biking and fishing along the waterfront of Edgewater Ave. From your cute private porch, enjoy your own glistening bayview! The large eat-in kitchen is updated, and includes tiled flooring, brand new stainless steel refrigerator and stove, and newer granite countertops, backsplash, sink, dishwasher, and disposal. Also newer in this condo is beautiful LVP flooring, large washer/dryer appliances, and a gorgeous entertainment system. The kitchen and living room are very open and provide great entertaining space. This condo has cool beadboard walls, and is considerably larger than most two bedroom/two bathroom units: the bedrooms easily accomodate the king size and queen size beds, and the two bathrooms are also updated and spacious. Park Place has a very stong Condo Association, evidenced by smart self management, low condo fees, nice community pool, Trex decking, vinyl railings, paved parking, & brand new siding. Turn key and mostly furnished - this unit works well as a vacation paradise or an investment property. It is a hidden gem in a fantastic location, don't wait to see this one!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Primary Bath(s), Tub Shower, Upgraded Countertops, Wainscotting, Window Treatments
  • Fireplace: No
  • Door Features: Storm
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1140
  • Living Area Sq Ft: 1140
  • Price Per Sq Ft: 350.79
  • Above Grade Finished Sq Ft: 1140
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 902

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys, Paved Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1100.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Park Place Association
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Trash, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2330.00
  • Assessor Parcel Number: 2410252393
  • Tax Lot: 504
  • Tax Total Finished Sq Ft: 1140
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/05/2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $390,000 -2.5% $342 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $399,900 +0.2% $351 / Sq Ft
02/01/2024 02/01/24 Price Changed $399,000 -4.5% $350 / Sq Ft
01/09/2024 01/09/24 Price Changed $418,000 -0.2% $367 / Sq Ft
10/28/2023 10/28/23 For Sale $419,000 +82.2% $368 / Sq Ft
03/30/2019 03/30/19 Sold $230,000 +7.0% $202 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $214,900 -- $189 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2017272

Bright MLS