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Backup Offers

3010 Philadelphia Ave Unit N305, Ocean City, MD, 21842

$184,500

Home List Price

$2,191*

Closing Credit

1 Full Bath
377 SqFt
$489/SqFt
Condo

Location

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3010 Philadelphia Ave Unit N305, Ocean City$184,500

Buyer Closing Credits

$2,191*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Parking Lot
Year Built1972
HeatingBaseboard
CoolingWall Unit(s)
ViewOcean
MLS #MDWO2022868
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 3010 Philadelphia Ave Unit N305

Welcome to your perfect beachside retreat! This cozy and comfortable studio is just steps away from the sand and surf, making it an ideal getaway or rental investment property. Nicely equipped with the conveniences for a pleasant stay. Step outside your door to enjoy a seating area where you can catch glimpses of the ocean. Inside, you'll find modern updates including vinyl plank flooring, refreshed kitchen cabinets, coffee bar and a renovated bathroom. Wi-Fi included in condo fee. This property is ideally situated close to the Boardwalk, Jolly Roger Amusement Park, mini golf, and a wide array of dining options. Residents and guests alike will appreciate the large outdoor pool, adding to the appeal of this beachside gem. Whether you're seeking a beach retreat or a lucrative rental property, don't miss out on this opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1972
  • Stories: 1
  • Living Area: 377 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty-WOC
  • Office Phone: (410) 520-2600
  • Listing Agent: Karen Staskey

Interior Features

Interior Information:

  • Appliances: Refrigerator, Water Heater
  • Basement: No
  • Interior: Combination Kitchen/Living, Kitchen - Efficiency, Ceiling Fan(s), Kitchenette, Bathroom - Tub Shower, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • View: Ocean
  • Exterior: Outside Shower

Parking Information:

  • Parking: Assigned, Parking Lot

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: 30th Street between Philadelphia Avenue and Baltimore Avenue. Unit is on the third floor on the north side of the building.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $184,500
  • Price Per SqFt: $489/SqFt

Tax Information:

  • Annual Amount: $1,075
  • 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

$449.5K

Med. Price/SqFt

$429

Avg. Days On Market

80

# of Sold Homes

90

3010 Philadelphia Ave Unit N305 vs Ocean City

79 DAYS ON ROCKET

-1 Day

$184,500

-$265K Less

$489/SqFt

+$60 More

KEY TAKEAWAY

This property is $265K less than the Median Sold Price and $60/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: #MDWO2022868

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty-WOC
  • Office Phone: (410) 520-2600
  • Listing Agent: Karen Staskey

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: 11/14/2024, 10:20:53 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

Dec 16, 2020Home Sold
$105,000
May 10, 2005Home Sold
$148,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,075$76,100
2020$1,075$76,100
2019$1,082$76,100
2018$1,075$76,100
2017$1,075$76,100

History based on county public records data.

Payment Calculator

$988

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$620

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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-192456
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 2.03 miles

  • Public District Grades PK-4

school-card-donut-192457
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 6.78 miles

  • Public District Grades PK-3

school-card-donut-192458
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 7.74 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 $103,906. The most common annual income of people living in Ocean City, MD is between $100k-200k. 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 3010 Philadelphia Ave Unit N305

What is the listing price of this property?

The listing price of 3010 Philadelphia Ave Unit N305 property is $184,500.

What type of property is this?

The property 3010 Philadelphia Ave Unit N305 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Accepting Backup Offers: 3010 Philadelphia Ave Unit N305 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,075 (source: MLS/based on county public records data).

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

The last sale was on December 16, 2020 for $105,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3010 Philadelphia Ave Unit N305 has 1 bathroom..

What is the square footage of this property?

The property 3010 Philadelphia Ave Unit N305 is 377 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3010 Philadelphia Ave Unit N305 is 1972.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›3010 Philadelphia Ave Unit N305

This home is located at 3010 Philadelphia Ave Unit N305 in Ocean City, MD and zip code 21842. This 377 square foot home was built in 1972. Features: 1 bathroom. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $184,500.

While more than 12 listings in Ocean City, MD in October 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 67 were sold below. In October 2024 in Ocean City, MD there were 16.2% more homes for sale than in September 2024. In October 2024 median list price was $449,548 and the average listing age was 80 days.

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

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