4 months on rocket

2 Dorchester St Unit 408, Ocean City, MD, 21842

$615,000

Home List Price

$7,303*

Closing Credit

2 Bedrooms
2 Full Baths
1,287 SqFt
$478/SqFt
Condo

Location

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2 Dorchester St Unit 408, Ocean City$615,000

Buyer Closing Credits

$7,303*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered Parking, Detached Garage
Garage2 spaces
Year Built2007
HeatingHeat Pump
CoolingCentral Air
MLS #MDWO2022404
StatusActive
(ACTIVE)

About 2 Dorchester St Unit 408

Here is the one you have been looking for! Downtown Ocean City. Direct oceanfront building on the Boardwalk. This turnkey, 2 bed/2 bath condo has a strong rental history. Park your car in one of your two assigned spots in the covered parking garage and enjoy the rest of your vacation. Also enjoy the pool, a putting green, sauna, and fitness center. You are within walking and biking distance to great restaurants and entertainment, as well as the OC fishing pier and inlet. Elevators for convenience. Storage for each unit on the 3rd floor of the parking garage. Spacious living room with fireplace. Kitchen island with breakfast bar plus a dining table and fully equipped kitchen. Nicely furnished. Conveniently located on the fourth floor with open balcony, facing pool with large sundeck. Great views as well! Come see and buy today!

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 2007
  • Stories: 1
  • Living Area: 1,287 SqFt

Listing Office:

  • Office Name: Century 21 New Horizon
  • Office Phone: (410) 723-4500
  • Listing Agent: Matthew Bogdan

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Covered Parking, Detached Garage

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Downtown Ocean City

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $615,000
  • Price Per SqFt: $478/SqFt

Tax Information:

  • Annual Amount: $6,895
  • 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

2 Dorchester St Unit 408 vs Ocean City

145 DAYS ON ROCKET

+89 Days

$615,000

+$165.3K More

$478/SqFt

+$50 More

KEY TAKEAWAY

This property is $165.3K more than the Median Sold Price and $50/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: #MDWO2022404

Listing Office:

  • Office Name: Century 21 New Horizon
  • Office Phone: (410) 723-4500
  • Listing Agent: Matthew Bogdan

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

Tax History

YEARPROP. TAXASSESSMENT
2021$6,895$487,900
2020$6,893$487,900
2019$6,445$453,067
2018$5,908$418,233
2017$5,416$383,400

History based on county public records data.

Payment Calculator

$3,137

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,910

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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-1004699
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.67 miles

  • Public District Grades PK-4

school-card-donut-1004700
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 6.80 miles

  • Public District Grades 4-6

school-card-donut-1004701
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 7.11 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,906. Residents of Ocean City, MD typically earn between $100k-200k each year. Residents typically live in single, no kids family. 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 2 Dorchester St Unit 408

What is the listing price of this property?

The listing price of 2 Dorchester St Unit 408 property is $615,000.

What type of property is this?

The property 2 Dorchester St Unit 408 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 2 Dorchester St Unit 408 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 $6,895 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2 Dorchester St Unit 408 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2 Dorchester St Unit 408 is 1,287 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2 Dorchester St Unit 408 is 2007.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›2 Dorchester St Unit 408

This home is located at 2 Dorchester St Unit 408 in Ocean City, MD and zip code 21842. This 1,287 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $615,000.

In November 2024, from all listings sold in Ocean City, MD there were more than 15 sold above asking price, over 57 sold below and more than 15 were sold right at the asked price. The number of homes for sale in Ocean City, MD increased by 0.2% between October 2024 and November 2024. In November 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $449,666.

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

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