18 days on rocket

104 5th St Unit 2B, Ocean City, MD, 21842

$499,999

Home List Price

$5,937*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
790 SqFt
$633/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

104 5th St Unit 2B, Ocean City$499,999

Buyer Closing Credits

$5,937*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingNone
Year Built1963
HeatingHeat Pump
MLS #MDWO2021396
StatusActive
(ACTIVE)

About 104 5th St Unit 2B

$10k rate buy down/seller assistance on a full price offer. Looking for a personal spot at the beach, or a very successful rental property, this one is for you! This first-floor condo on 5th street is in the perfect location walk to all of the main attractions in Ocean City. This condo has been fully remodeled throughout to include Mitsubishi Mini Splits (cooling and rapid heating). Only one block to the beach and boardwalk. With an open floor plan, there is plenty of room for guests to stay. Currently, this 2-bed, 1.5 bath property sleeps 8 guests. The condo has very low HOA's ($2,000/year only $167 a month, paid semi-annually). No current assessments or plans to raise the HOA fees!! Sold furnished!! This property brought in just over $46k last year as rental. Currently, for 2024, there are $20k in rentals so far and it is on pace to be in the $40's again this year. This condo prints money!! If interested in using this property as a rental, the current property management company charges 12% of the nightly rate if the new owner has interest in continued rental success and a seamless transition. 2024 Rentals must be honored.

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1963
  • Stories: 1
  • Living Area: 790 SqFt

Listing Office:

  • Office Name: Taylor Properties
  • Office Phone: (301) 970-2447
  • Listing Agent: JOHN R. CLARK

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: None

Utilities

Utilities Information:

  • Heating: Heat Pump

School Info

Assigned Schools Information:

  • Stephen Decatur High School, Public District Grades 9-12
  • Stephen Decatur Middle School, Public District Grades 7-8
  • Berlin Intermediate School, Public District Grades 4-6
  • Ocean City Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,999
  • Price Per SqFt: $633/SqFt

Tax Information:

  • Annual Amount: $1,898
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWO2021396

Listing Office:

  • Office Name: Taylor Properties
  • Office Phone: (301) 970-2447
  • Listing Agent: JOHN R. CLARK

IDX 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.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2024, 3:22:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 03, 2015Home Sold
$130,500
Jun 25, 2002Home Sold
$87,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,898$134,300
2020$1,897$134,300
2019$1,910$134,300
2018$1,897$134,300
2017$2,053$145,300

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

Powered By

Rocket Mortgage

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.

Elementary School

school-card-donut-78563
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.46 miles

  • Public District Grades PK-4

Middle School

school-card-donut-78564
10
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 5.72 miles

  • Public District Grades 7-8

school-card-donut-78565
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 6.91 miles

  • Public District Grades 4-6

High School

school-card-donut-78566
7
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 5.79 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Frequently Asked Questions About 104 5th St Unit 2B

What is the listing price of this property?

The listing price of 104 5th St Unit 2B property is $499,999.

What type of property is this?

The property 104 5th St Unit 2B is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 104 5th St Unit 2B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 104 5th St Unit 2B are:
Ocean City Elementary School: GreatSchools Rating 10/10
Stephen Decatur Middle School: GreatSchools Rating 10/10
Berlin Intermediate School: GreatSchools Rating 5/10
Stephen Decatur High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,898 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 3, 2015 for $130,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 104 5th St Unit 2B has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 104 5th St Unit 2B is 790 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 104 5th St Unit 2B is 1963.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›104 5th St Unit 2B

This home is located at 104 5th St Unit 2B in Ocean City, MD and zip code 21842. This 790 square foot home was built in 1963. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 08, 2024 and is currently priced at $499,999.

From Rocket Homes Real Estate and based on county public records data.

More Resources