new - 7 days on rocket

2816 Tern Dr Unit 301, Ocean City, MD, 21842

$340,000

Home List Price

$4,038*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,050 SqFt
$324/SqFt
Townhouse

Location

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2816 Tern Dr Unit 301, Ocean City$340,000

Buyer Closing Credits

$4,038*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAssigned, Attached Carport
Year Built1979
HeatingCentral
CoolingWindow Unit(s)
FireplaceNon-Functioning
ViewCanal
MLS #MDWO2027158
StatusActive
(ACTIVE)

About 2816 Tern Dr Unit 301

Waterfront Coastal Living with Deeded Boat Slip – Perfect for Boating Enthusiasts! Boat owners and coastal enthusiasts will adore this fully furnished waterfront 1-bedroom, 1.5-bathroom retreat in Ocean City, Maryland. This extra-large unit boasts a bright and open main level with LVP flooring, an inviting kitchen, dining, and living area. Large sliding doors lead to a private deck overlooking your deep-water boat slip, offering direct access to the bay and just minutes to the Inlet and Ocean. Upstairs, enjoy a generously sized bedroom with two closets, a completely renovated bath, and a convenient washer and dryer area. The Old Port Cove complex offers exceptional amenities, including a community pool, a Trex boardwalk surrounding the dock area, ample green space for outdoor activities, guest parking, and a dedicated lot for boat trailer storage. The deck includes a storage shed, with additional storage under the deck for added convenience. Located near Jolly Rogers Amusement Park, the Ocean City Boardwalk, and an abundance of restaurants, this home is perfectly positioned for fun and relaxation. Enjoy a nearby neighborhood park with slides, swings, and a pet area, along with a serene pier for quiet moments. This property combines the best of waterfront living with unbeatable access to the beach and bay. Don’t miss this opportunity—schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1979
  • Stories: 1
  • Living Area: 1,050 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (302) 539-9040
  • Listing Agent: ASHLEY BROSNAHAN

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Oven, Electric Range, Refrigerator, Washer, Water Heater
  • Basement: No
  • Interior: Bathroom - Walk-In Shower, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Exposed Beams, Floor Plan - Open, Kitchen - Eat-In, Spiral Staircase, Window Treatments
  • Fireplace: Non-Functioning

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • View: Canal

Parking Information:

  • Parking: Assigned, Attached Carport

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Coastal Highway, Right onto 28th street, Right onto tern dr

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $340,000
  • Price Per SqFt: $324/SqFt
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Housing Market Comparison

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

Med. Sold Price

$449.6K

Med. Price/SqFt

$427

Avg. Days On Market

56

# of Sold Homes

87

2816 Tern Dr Unit 301 vs Ocean City

7 DAYS ON ROCKET

-49 Days

$340,000

-$109.6K Less

$324/SqFt

-$104 Less

KEY TAKEAWAY

This property is $109.6K less than the Median Sold Price and $104/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: #MDWO2027158

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (302) 539-9040
  • Listing Agent: ASHLEY BROSNAHAN

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: 12/11/2024, 7:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,764

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,086

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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-1790456
10
/10
  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.71 miles

  • Public District Grades PK-4

school-card-donut-1790457
9
/10
  • Showell Elementary School

  • 11318 Showell School Rd

  • 6.44 miles

  • Public District Grades PK-3

school-card-donut-1790458
5
/10
  • Berlin Intermediate School

  • 309 Franklin Ave

  • 7.38 miles

  • Public District Grades 4-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,076. Typical income of Ocean City, MD residents is between $35k-100k annually. Typical family type is single, no kids. 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 2816 Tern Dr Unit 301

What is the listing price of this property?

The listing price of 2816 Tern Dr Unit 301 property is $340,000.

What type of property is this?

The property 2816 Tern Dr Unit 301 is a townhouse located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 2816 Tern Dr Unit 301 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2816 Tern Dr Unit 301 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 2816 Tern Dr Unit 301 is 1,050 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2816 Tern Dr Unit 301 is 1979.

Rocket HomesMarylandWorcester CountyOcean City218422816 Tern Dr Unit 301

This home is located at 2816 Tern Dr Unit 301 in Ocean City, MD and zip code 21842. This 1,050 square foot home was built in 1979. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $340,000.

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 number of homes for sale in Ocean City, MD increased by 0.2% between October 2024 and November 2024. In November 2024 median list price was $449,666 and the average listing age was 56 days.

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

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