Check Availability
$1,299,900
↓ $100K (7.1%)
House - For Sale

304 26TH ST

OCEAN CITY, MD 21842
bedrooms
8 Beds
bathrooms
8 Baths
square feet
3440 Sqft
$6,383
Estimated Monthly
$0
HOA / Fees

About This Property

Awesome investment opportunity in a great downtown location!  This building has 4 - 2 bed/2 bath condos and is close to the beach and the bay.  Being on 26th street allows for short walks or bike rides to many OC staples for food, entertainment, the beach, The World Famous Ocean City Boardwalk and so much more! Currently three of the four units are long term rentals, with one condo being used as an Airbnb.  Off street parking is awesome with 6 spaces on the lot.  Photos are of the Airbnb Unit.  Please contact listing agent for showing, access and any additional information.
Unit Size
3,440Ft²
Days on Market
332 days
Land Size
0.11 acres
Price per sqft
$378
Property Type
House
Property Taxes
$539
HOA Dues
-
Year Built
1971
Listed By
Kevin Decker
Coastal Life Realty Group
Last updated: 5 months ago (Bright MLS #MDWO2014494)

Price History

Date / Event Date Event Price
Jul 27, 2023 Price Decreased $1,299,900
↓ $100K (7.1%)
Price Decreased
Jun 8, 2023 Listed by Coastal Life Realty Group LLC $1,399,900
Listed by Coastal Life Realty Group LLC
Jul 24, 2018 Sold to Cassandra Raymond $550,000
Sold to Cassandra Raymond

Property Highlights

Air Conditioning
Parking Details
Parking Features: Off Street, Parking Lot
Total Garage and Parking Spaces: 6
Interior Details

Bedroom Information

Bedrooms on 1st Upper Level: 4
Bedrooms on Main Level: 4

Bathroom Information

Full Bathrooms on 1st Upper Level: 4

Interior Information

Living Area Square Feet Source: Assessor

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,750
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,440
  • Gross Building Area: 3,440
  • Building Area: 3,440
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 3,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SKYLINE DEV CORP
  • Land Acres: 0.109
  • Standard Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT 13 N SIDE 26TH ST PL SKYLINE DEV

Ownership

  • Current Owner : RAYMOND CASSANDRA
  • Previous Owner : BAY PLACE APARTMENTS LLC
  • Owner Before Previous Owner: SERRA DAVID E
  • Owner Before Previous Owner 2: SERRA VINCENT J

Neighborhood

  • School District Name: Worcester County Public Schools
  • Census Tract: 950000

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 112 22 4651
  • Account Number: 047099
  • District: 10
  • Parcel: 10-047099
  • Lot: 13
  • Municipality: OCEAN CITY
  • Latitude: 38.356
  • Longitude: -75.0776

    Address

  • Full Address: 304 26th St
  • Address - House Number: 304
  • Address - Street Name: 26th
  • Address - Suffix Type: St
  • State: MD
  • City Name: Ocean City
  • Carrier Code: C002
  • 4-Digit Zip Code: 7610
  • Zip Code: 21842

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,464
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.136
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 72
  • Final Value: 784,958
  • High Value: 891,771
  • Low Value: 678,144

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $540,038
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 24, 2018
  • First Open Lien Mortgage Loan Amount: $540,038
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $458,600
  • Market Land Value: $254,300
  • Market Improvement Value: $204,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $458,600
  • Assessed Land Value: $254,300
  • Assessed Improvements Value: $204,300

    Sales

  • Current Sale Contract Date: Jun 08, 2018
  • Current Sale Recording Date: Jul 24, 2018
  • Current Sale Transaction ID: 11499757142
  • Current Sale Price: $550,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 18, 1998
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jul 24, 2018
  • First Mortgage Loan Amount: $540,038
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2048

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
3 Baths
1,790 ft²
$698/ft²
$1,249,900 Mar 3, 2023
$1,249,900 Apr 17, 2023
-
Condo
3 Beds
3 Baths
1,790 ft²
$701/ft²
$1,255,000 Feb 10, 2023
$1,255,000 Apr 5, 2023
-
Condo
4 Beds
3 Baths
1,785 ft²
$651/ft²
$1,162,500 Apr 20, 2023
$1,162,500 Jun 1, 2023
-
Condo
3 Beds
3 Baths
1,790 ft²
$698/ft²
$1,249,900 Oct 31, 2022
$1,249,900 Mar 10, 2023
-
Condo
3 Beds
3 Baths
1,790 ft²
$698/ft²
$1,250,000 Mar 20, 2023
$1,250,000 May 19, 2023
-
House
4 Beds
5 Baths
4,397 ft²
$355/ft²
$1,560,000 May 16, 2018
-
-
Condo
4 Beds
5 Baths
2,876 ft²
$521/ft²
$1,499,000 May 16, 2018
-
-
Other
4 Beds
3 Baths
2,349 ft²
$596/ft²
$1,399,900 Jul 30, 2017
-
-
Condo
3 Beds
3 Baths
1,925 ft²
$753/ft²
$1,450,000 May 12, 2023
-
-

About Ocean City


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Nearby Rentals



Frequently Asked Questions

When was property at 304 26th Street built and last sold?
The property at 304 26th Street was built in 1971 and last sold on Jun 8, 2018 for $550,000.
How much is this home worth?
The estimated value of the home located at 304 26th Street is $1,312,899.
What are some comparable homes to 304 26th Street?
Homes that are comparable to 304 26th Street include a house property at 1574 Teal Drive, a condo property at 6 7th Street, a other property at 2 48th Street.

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