2 months on rocket

4000 Coastal Hwy Unit 118, Ocean City, MD, 21842

$269,995

Home List Price

$3,206*

Closing Credit

1 Bedroom
1 Full Bath
616 SqFt
$438/SqFt
Condo

Location

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4000 Coastal Hwy Unit 118, Ocean City$269,995

Buyer Closing Credits

$3,206*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered Parking, Paved Parking, Under Home Parking, Parking Lot, Parking Garage
Garage1 space
Year Built1983
HeatingHeat Pump
CoolingCentral Air
MLS #MDWO2023218
StatusActive
(ACTIVE)

About 4000 Coastal Hwy Unit 118

OCEAN BLOCK fully furnished corner/end condo on 40th St.! Location, locaton, location! This 1 bedroom, 1 bedroom condo has never been in a rental program and is just waiting for a new owner to make memories. The condo has been very well maintained by the current, long time owner and even has a brand new couch and love seat. Ocean Pointe II is perfectly located in mid-town Ocean City directly across from the Ocean City Convention Center and Performing Arts Center. You'll be just a block from the beach and Atlantic Ocean and close to all the amenities OC has to offer. Enjoy being in walking distance not only to the beach but also to mini golf, Seacrets, Taphouse, several crab houses, a grocery store, etc. The building replaced the front stairs and walkways approx. 1 year ago so the building is in great shape. You won't regret seeing this one so schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1983
  • Stories: 1
  • Living Area: 616 SqFt

Listing Office:

  • Office Name: Atlantic Sands Realty
  • Office Phone: (410) 524-3948
  • Listing Agent: William B Alvey Jr.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Oven, Electric Range, Refrigerator
  • Basement: No
  • Interior: Bathroom - Tub Shower, Combination Dining/Living, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Covered Parking, Paved Parking, Under Home Parking, Parking Lot, Parking Garage

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 40th St. End unit on south side.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,995
  • Price Per SqFt: $438/SqFt

Tax Information:

  • Annual Amount: $1,679
  • 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

4000 Coastal Hwy Unit 118 vs Ocean City

69 DAYS ON ROCKET

-11 Days

$269,995

-$179.5K Less

$438/SqFt

+$9 More

KEY TAKEAWAY

This property is $179.5K less than the Median Sold Price and $9/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: #MDWO2023218

Listing Office:

  • Office Name: Atlantic Sands Realty
  • Office Phone: (410) 524-3948
  • Listing Agent: William B Alvey Jr.

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: 11/15/2024, 1:20:50 AM 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$1,679$118,800
2020$1,678$118,800
2019$1,646$115,733
2018$1,592$112,667
2017$1,548$109,600

History based on county public records data.

Payment Calculator

$1,415

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

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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-322620
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 2.40 miles

  • Public District Grades PK-4

school-card-donut-322621
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 6.73 miles

  • Public District Grades PK-3

school-card-donut-322622
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 7.99 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. Most Ocean City, MD residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma 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.

Types of housing 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.

What is it like to live in Ocean City, MD?

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.

Is it easy to get around Ocean City, MD without a car?

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.

Transportation in Ocean City, MD.

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 4000 Coastal Hwy Unit 118

What is the listing price of this property?

The listing price of 4000 Coastal Hwy Unit 118 property is $269,995.

What type of property is this?

The property 4000 Coastal Hwy Unit 118 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 4000 Coastal Hwy Unit 118 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 $1,679 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4000 Coastal Hwy Unit 118 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 4000 Coastal Hwy Unit 118 is 616 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Coastal Hwy Unit 118 is 1983.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›4000 Coastal Hwy Unit 118

This home is located at 4000 Coastal Hwy Unit 118 in Ocean City, MD and zip code 21842. This 616 square foot home was built in 1983. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $269,995.

In October 2024 more than 12 listings in Ocean City, MD were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 67 were sold below. The number of homes for sale in Ocean City, MD increased by 16.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 80 days, the median list price was $449,548.

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

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