4 months on rocket

10700 Coastal Hwy Unit 508, Ocean City, MD, 21842

$790,000

Home List Price

$9,381*

Closing Credit

3 Bedrooms
2 Full Baths
1,512 SqFt
$522/SqFt
Condo

Location

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10700 Coastal Hwy Unit 508, Ocean City$790,000

Buyer Closing Credits

$9,381*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered Parking, Handicap Parking, Lighted Parking, Paved Driveway, Unassigned, Parking Garage
Garage1 space
Year Built1977
HeatingCentral
CoolingCeiling Fan(s)
ViewOcean, Panoramic, Bay
MLS #MDWO2022772
StatusActive
(ACTIVE)

About 10700 Coastal Hwy Unit 508

You won't BELIEVE this thoughtfully planned and professionally completed renovation! Owners spared no expense! Start with gorgeous Manning Adura Flooring with Custom Inlaid Border and Solid Wood 12 Panel Doors throughout the home. Beautifully Updated Kitchen with Solid Wood Cabinets, Corian Counters, Brick Backsplash, and Stainless-Steel Appliances. Sellers have elevated the ceiling to add lighting and fan. Your Oceanfront Owner's Suite will WOW you from the Large Space, to the Ocean Views and your Own Hot Tub overlooking the Ocean. Sellers Reconfigured En suite to provide a larger space, updating step in shower, frameless glass doors and cabinetry. The 2 Guest Bedrooms and Bath have also been Reconfigured to better use space and provide privacy and access. The Views are Gorgeous from Every Room! Enjoy Amenity Filled Building with HEATED Outdoor Pool, Year Round Indoor Pool, Exercise Room, Saunas, Tennis/Pickle Ball, Gamerooms, Shopping, 24/7 Security, On-Site Maintenance Staff and Best of All Loads of EXTRA PARKING! Don't Miss this Opportunity

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1977
  • Stories: 1
  • Living Area: 1,512 SqFt

Listing Office:

  • Office Name: Commonwealth Realty Inc
  • Office Phone: (410) 723-1895
  • Listing Agent: Mary McCracken

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven, Electric Range, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Basement: No
  • Flooring Type: Ceramic Tile, Engineered Wood
  • Interior: Bar, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Primary Bedroom - Ocean Front, Recessed Lighting, Bathroom - Soaking Tub, Sound System, Sprinkler System, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Wainscotting, Window Treatments, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Ocean, Panoramic, Bay
  • Exterior: Exterior Lighting, Hot Tub, Outside Shower, Sidewalks, Street Lights, Tennis Court(s)

Parking Information:

  • Garage Space: 1 space
  • Parking: Covered Parking, Handicap Parking, Lighted Parking, Paved Driveway, Unassigned, Parking Garage

Lot Features

Lot Information:

  • Lot: Open Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: on the direct oceanfront at 107th St.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $790,000
  • Price Per SqFt: $522/SqFt

Tax Information:

  • Annual Amount: $5,384
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ocean City, MD.

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Ocean City, MD

City

Med. Sold Price

$449.6K

Med. Price/SqFt

$427

Avg. Days On Market

56

# of Sold Homes

87

10700 Coastal Hwy Unit 508 vs Ocean City

126 DAYS ON ROCKET

+70 Days

$790,000

+$340.3K More

$522/SqFt

+$94 More

KEY TAKEAWAY

This property is $340.3K more than the Median Sold Price and $94/SqFt more than other homes in Ocean City, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWO2022772

Listing Office:

  • Office Name: Commonwealth Realty Inc
  • Office Phone: (410) 723-1895
  • Listing Agent: Mary McCracken

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: 12/22/2024, 7:20:57 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

Mar 09, 2005Home Sold
$625,000
Apr 25, 2002Home Sold
$342,500

Tax History

YEARPROP. TAXASSESSMENT
2021$5,384$381,000
2020$5,638$399,100
2019$5,663$398,100
2018$5,609$397,100
2017$5,595$396,100

History based on county public records data.

Payment Calculator

$4,010

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,435

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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.

Nearby Schools

school-card-donut-1055104
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 5.48 miles

  • Public District Grades PK-4

school-card-donut-1055105
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 7.54 miles

  • Public District Grades PK-3

school-card-donut-1055106
7
/10

  • Showell (Phillip C.) Elementary School

  • 41 Bethany Rd

  • 9.17 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,250. Typical income of Ocean City, MD residents is between $35k-100k annually. Residents typically live in single, no kids family. Most 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 10700 Coastal Hwy Unit 508

What is the listing price of this property?

The listing price of 10700 Coastal Hwy Unit 508 property is $790,000.

What type of property is this?

The property 10700 Coastal Hwy Unit 508 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 10700 Coastal Hwy Unit 508 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,384 (source: MLS/based on county public records data).

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

The last sale was on March 9, 2005 for $625,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 10700 Coastal Hwy Unit 508 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 10700 Coastal Hwy Unit 508 is 1,512 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10700 Coastal Hwy Unit 508 is 1977.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›10700 Coastal Hwy Unit 508

This home is located at 10700 Coastal Hwy Unit 508 in Ocean City, MD and zip code 21842. This 1,512 square foot home was built in 1977. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 18, 2024 and is currently priced at $790,000.

In November 2024 more than 15 listings in Ocean City, MD were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 57 were sold below. The number of homes for sale in Ocean City, MD increased by 0.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 56 days, the median list price was $449,666.

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

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