Trader's Cove - 303 Seabay Lane Unit B30B
Ocean City, MD 21842
- 4 beds
- 4 baths
- 1,618 sqft
- $503 per sqft
- 1984 build
Trader's Cove offers some of the most uniquely wonderful properties in all of Ocean City, and this unit is no exception. Breathtaking sunsets can be taken in from the stunning open bayfront views of the deck and balcony, overlooking the Cape Isle of Wight Bay and Ocean City landmark, Fager's Island. The spacious 3 story townhouse-style home offers 4 bedrooms and 3.5 bathrooms to accommodate family and friends. The first floor's open floorplan allows for easy entertaining and comfortable relaxation, with an upgraded kitchen to serve your culinary needs. 2 parking spaces right in front are assigned for your convenience, and the association has boat slips available for owners to enjoy all the fun the bay has to offer. The midtown location provides easy access to incredible dining, shopping, and access in and out of Ocean City. While this unit has not been used as a rental, other units in Trader's Cove have seen upwards of $70k in rental income, making 303 Seabay Lane perfect as a second home or investment. Be sure to schedule your showing today!
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Last updated Feb 14, 2025
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MLS# MDWO2028618 —
The Building
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Year Built:1984
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Stick Built
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Building Name:Trader's Cove
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Structure Type:Interior Row/Townhouse
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Architectural Style:Coastal, Traditional
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Levels:3
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Accessibility Features:None
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Foundation Details:Block
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Basement:No
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Unit Number:B30B
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1618
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1618
Interior
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Interior Features:Combination Dining/Living, Primary Bedroom - Bay Front
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Room List:Living Room, Kitchen
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Fireplace:Yes
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Fireplaces:1
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1618
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Living Area SqFt:1,618 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Settlement
Location
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Directions:From Coastal Highway heading South, turn right onto 61st St. Follow 61st street past the tennis courts and on to Seabay Ln in Trader's Cove. #3 is on the left.
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Latitude:38.38485000
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Longitude:-75.07060000
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Location Type:Bayfront
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Source:Estimated
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:0 Sqft
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Zoning:B-1
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View:Bay
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In City Limits:Yes
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Outdoor Living Structures:Balcony, Deck(s)
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Other Structures:Above Grade, Below Grade
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Waterview:Yes
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Waterfront:Yes
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Waterfront Features:Private Dock Site
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Water Oriented:Yes
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Water Access:Yes
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Water Access Features:Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed, Waterski/Wakeboard
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Water Body Name:Isle of Wight Bay
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Water Body Type:Bay
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Navigable Water:Yes
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Water Frontage In Feet:500
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Land Use Code:U
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Ground Rent Exists:No
Listing Agent
- Contact info:
- Agent phone:
- (301) 514-4995
- Office phone:
- (410) 524-6400
Taxes
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Tax ID Number:2410258383
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Tax Year:2024
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Tax Lot:B3
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Tax Annual Amount:$5,502
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Tax Assessed Value:$393,100
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Year Assessed:2024
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County Tax:3322.00
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City/Town Tax:1739.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:4
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Bedrooms Main Level:1
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:2
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Bedrooms Upper Level:1
Baths
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Total Baths:4
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Full Baths:3
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Half Baths:1
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Main Level Baths:1.00
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Main Level Half Baths:1
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Upper Level Full Baths:3
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Upper Level Total Baths:3
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Upper Level Total Baths:2.00
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Upper Level 2 Total Baths:1.00
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Upper Level Full Baths:2
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Upper Level 2 Full Baths:1
The Listing
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump(s)
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
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Laundry Type:Dryer In Unit, Washer In Unit
Schools
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School District Name:Worcester County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Exterior Features:Outside Shower
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Pool:No Pool
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HOA:No
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Condo/Coop Association:Yes
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HOA/Condo/Coop Amenities:Pier/Dock, Water/Lake Privileges, Reserved/Assigned Parking
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Condo/Coop Fee:$525
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Condo/Coop Fee Frequency:Monthly
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HOA/Condo/Coop Fee:Common Area Maintenance, Insurance, Management, Pier/Dock Maintenance, Reserve Funds, Trash
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Condo/Coop Name:Trader's Cove Condominium Association
Parking
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Total Garage and Parking Spaces:2
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Garage:No
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Type of Parking:Parking Lot
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Parking Features:Assigned
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Assigned Spaces Count:2
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Parking Lot - # of Spaces:2
Extra Units
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Vacation Rental:No
Monthly cost estimate
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Asking price
$815,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,364
|
Taxes | $458 |
Insurance | $224 |
HOA fees | $525 |
Utilities | $186 See report |
Total | $5,757/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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2/13/25
Feb 13, 2025
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Listed / Active | BRIGHT | $815,000 |