9 months on rocket

15 57th St, Ocean City, MD, 21842

$1,395,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,560 SqFt
$545/SqFt
Multi

Location

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15 57th St, Ocean City$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street
Year Built1965
HeatingForced Air
CoolingCentral Air
MLS #MDWO2019490
Lot Size0.14 Acres
StatusActive
(ACTIVE)

About 15 57th St

What else do you need? Incredible investment opportunity for a owner who would like to have 4 fully furnished and ready to rent units. Mid-town location within walking distance from all of Ocean Cities best nightlife activities! Fager's Island, Seacrets, Macky's, Taphouse....you name it, you can get there from here. Highly demanded midtown corridor, OCEAN BLOCK WITH LARGE OPEN LOT in the rear that is part of this property. Super easy commuting with bus stops out front on Coastal and FREE PARKING!!! Open lot in the rear of the building is a HUGE perc on this purchase!! COMFIRM ALL BUILDING PLANS/PERMITS for the open area via Ocean City Zoning if that is your clients wishes. All items including roof, hvac, full interior of all units have all been renovated and newer appliances within the last 5 years! 100 yards off the sandy beaches and with this property, you will NEVER have to cross Coastal Highway to get to the beach safely! This is a PRIME opportunity for one lucky buyer! Good luck and schedule your showing sooner than later!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1965
  • Living Area: 2,560 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (302) 360-0300
  • Listing Agent: Zackary Keenan

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000
  • Price Per SqFt: $545/SqFt

Tax Information:

  • Annual Amount: $8,698
  • 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

15 57th St vs Ocean City

281 DAYS ON ROCKET

+225 Days

$1,395,000

+$945.3K More

$545/SqFt

+$117 More

KEY TAKEAWAY

This property is $945.3K more than the Median Sold Price and $117/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: #MDWO2019490

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (302) 360-0300
  • Listing Agent: Zackary Keenan

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, 3:20:59 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

Apr 12, 2019Home Sold
$685,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,698$615,533
2020$8,347$590,800

History based on county public records data.

Payment Calculator

$7,030

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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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-1004944
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 3.18 miles

  • Public District Grades PK-4

school-card-donut-1004945
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 6.79 miles

  • Public District Grades PK-3

school-card-donut-1004946
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 8.54 miles

  • Public District Grades 4-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,474. The majority of Ocean City, MD residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

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.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›15 57th St

This home is located at 15 57th St in Ocean City, MD and zip code 21842. This 2,560 square foot home, which was built in 1965, sits on a 0.14 acre lot. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $1,395,000.

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

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

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