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2601 Gull Way Unit 28, Ocean City, MD, 21842

$327,500

Home List Price

$3,889*

Closing Credit

2 Bedrooms
2 Full Baths
770 SqFt
$425/SqFt
Condo

Location

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2601 Gull Way Unit 28, Ocean City$327,500

Buyer Closing Credits

$3,889*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Unassigned, Parking Lot
Year Built1972
HeatingBaseboard
CoolingWindow Unit(s)
ViewOther
MLS #MDWO2022272
StatusActive
(ACTIVE)

About 2601 Gull Way Unit 28

**Welcome to this Midtown Condo!** This spacious first-floor condo features two large bedrooms and two bathrooms, offering a great floor plan ideal for gatherings with family and friends. The expansive living room provides lovely views of the serene courtyard and the community pool, creating a perfect space for relaxation. The large bedrooms ensure ample sleeping space, making it easy to accommodate guests or rent out the unit. Fully furnished and move-in ready, this condo is an excellent choice whether you're looking for a vacation getaway or a smart investment property. Close to Jolly Roger Amusement park, Restaurants, boardwalk and so much more! Don't miss out on the chance to enjoy your beach property today!

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1972
  • Stories: 1
  • Living Area: 770 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Delmarva
  • Office Phone: (410) 524-6400
  • Listing Agent: Jen Kukel

Interior Features

Interior Information:

  • Appliances: Dishwasher, Exhaust Fan, Oven, Refrigerator, Stove, Washer, Dryer
  • Basement: No
  • Flooring Type: Carpet
  • Interior: Ceiling Fan(s), Combination Kitchen/Living, Combination Dining/Living, Floor Plan - Traditional, Bathroom - Stall Shower, Bathroom - Tub Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other

Parking Information:

  • Parking: Assigned, Unassigned, Parking Lot

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

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: Coastal Hwy to Robin Dr then follow to Gull way

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $327,500
  • Price Per SqFt: $425/SqFt

Tax Information:

  • Annual Amount: $1,816
  • 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

$445K

Med. Price/SqFt

$430

Avg. Days On Market

65

# of Sold Homes

81

2601 Gull Way Unit 28 vs Ocean City

39 DAYS ON ROCKET

-26 Days

$327,500

-$117.5K Less

$425/SqFt

-$5 Less

KEY TAKEAWAY

This property is $117.5K less than the Median Sold Price and $5/SqFt less 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: #MDWO2022272

Listing Office:

  • Office Name: Keller Williams Realty Delmarva
  • Office Phone: (410) 524-6400
  • Listing Agent: Jen Kukel

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: 9/27/2024, 7:20:52 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$1,816$128,500
2020$1,815$128,500
2019$1,747$122,867
2018$1,656$117,233
2017$1,576$111,600

History based on county public records data.

Payment Calculator

$1,702

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,048

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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.

Elementary School

school-card-donut-811190
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.50 miles

  • Public District Grades PK-4

Middle School

school-card-donut-811191
10
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 5.90 miles

  • Public District Grades 7-8

school-card-donut-811192
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 7.16 miles

  • Public District Grades 4-6

High School

school-card-donut-811193
7
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 5.92 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,076. The majority of Ocean City, MD residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically 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 2601 Gull Way Unit 28

What is the listing price of this property?

The listing price of 2601 Gull Way Unit 28 property is $327,500.

What type of property is this?

The property 2601 Gull Way Unit 28 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 2601 Gull Way Unit 28 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2601 Gull Way Unit 28 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 $1,816 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2601 Gull Way Unit 28 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2601 Gull Way Unit 28 is 770 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2601 Gull Way Unit 28 is 1972.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›2601 Gull Way Unit 28

This home is located at 2601 Gull Way Unit 28 in Ocean City, MD and zip code 21842. This 770 square foot home was built in 1972. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $327,500.

Over 4 listings were sold over their listed price in August 2024 in Ocean City, MD. In the same period over 59 listings were sold below the listed price and 18 listings were sold for the listed price. The number of listings in Ocean City, MD increased by 7.8% between July 2024 and August 2024. Listings spent 65 days on the market in August 2024, and had a median list price of $445,000 during the same period.

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

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