This property is $174.5K less than the Median Sold Price in Ocean City, MD.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #MDWO2023180
Listing Office:
Office Name: Lee & Associates Chesapeake Region, LLC
Office Phone: (410) 712-0888
Listing Agent: Thomas P. Whelan
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,440
Per Month
Principal & Interest
$1,373
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$891
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Ocean City Elementary School
12828 Center Dr
Distance between this listing and this school0.99 miles
Public District Grades PK-4
5
/10
Berlin Intermediate School
309 Franklin Ave
Distance between this listing and this school5.03 miles
Public District Grades 4-6
9
/10
Showell Elementary School
11318 Showell School Rd
Distance between this listing and this school5.49 miles
Public District Grades PK-3
Nearby Schools
10
/10
Stephen Decatur Middle School
9815 Seahawk Rd
Distance between this listing and this school3.84 miles
Public District Grades 7-8
5
/10
Selbyville Middle School
80 Bethany Rd
Distance between this listing and this school10.01 miles
Public District Grades 6-8
8
/10
Southern Delaware School of the Arts
27 Hosier St
Distance between this listing and this school10.47 miles
Public Magnet Grades KG-8
Nearby Schools
7
/10
Stephen Decatur High School
9913 Seahawk Rd
Distance between this listing and this school3.90 miles
Public District Grades 9-12
5
/10
Indian River High School
29772 Armory Rd
Distance between this listing and this school15.50 miles
Public District Grades 9-12
3
/10
Sussex Central High School
26026 Patriots Way
Distance between this listing and this school23.24 miles
The neighbors living near this home have an average income of $64,931. Most Ocean City, MD residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Ocean City, MD
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Ocean City, MD?
Ocean City's housing market is diverse, offering a mix of residential options that cater to a range of preferences. The area is known for its beachfront condominiums, which make up a significant portion of the housing stock, providing residents with scenic views and easy access to the beach. Single-family homes are also available, featuring styles from classic beach cottages to contemporary designs. The market is characterized by a mix of both year-round and seasonal properties, reflecting the city's popularity as a vacation destination.
Is Ocean City, MD a good place to live?
Ocean City is celebrated for its vibrant boardwalk, pristine beaches, and family-friendly atmosphere. The community prides itself on being a premier resort town, with numerous events throughout the year, including the famous Ocean City Air Show and the Sunfest music and arts festival. The town's character is shaped by its coastal environment, offering a relaxed lifestyle with a focus on outdoor recreation and water-based activities.
Are things conveniently located in Ocean City, MD?
The community is served by a range of essential services, including public schools that cater to residents and the seasonal influx of families. Healthcare is accessible through local clinics and urgent care centers, ensuring medical needs are met promptly. Ocean City also boasts a variety of retail shops and dining options, from casual eateries to fine dining, many of which showcase the local seafood cuisine. The town is proactive in maintaining and enhancing its services to accommodate both its permanent population and seasonal visitors.
What does the transportation in Ocean City, MD look like?
Transportation in Ocean City is well-suited to the needs of both residents and tourists. The town features a public bus service that runs along the Coastal Highway, providing convenient access to various points of interest. The area is also bike-friendly, with several bike paths and lanes available for those who prefer to cycle. For drivers, the city is easily navigable with well-maintained roads and highways connecting to nearby cities and attractions. While specific ride-sharing statistics are not mentioned, such services are commonly used by visitors and locals alike.
Frequently Asked Questions About Keyser Point Rd
What is the listing price of this property?
The listing price of Keyser Point Rd property is $275,000.
What type of property is this?
The property Keyser Point Rd is land located in Ocean City, Maryland, 21842.
Is this property for sale now?
Active Listing: Keyser Point Rd is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on December 18, 2019 for $789,500. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Keyser Point Rd in Ocean City, MD and zip code 21842. This home sits on a 5.31 acre lot. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $275,000.
While more than 12 listings in Ocean City, MD in October 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 67 were sold below. The number of listings in Ocean City, MD increased by 16.2% between September 2024 and October 2024. In October 2024 median list price was $449,548 and the average listing age was 80 days.
From Rocket Homes Real Estate and based on county public records data.