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402 Saint Louis Ave Unit 7, Ocean City, MD, 21842

$310,000

Home List Price

$3,681*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
567 SqFt
$547/SqFt
House

Location

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402 Saint Louis Ave Unit 7, Ocean City$310,000

Buyer Closing Credits

$3,681*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingParking Lot
Year Built1940
HeatingOther, Central
CoolingWall Unit(s)
ViewBay, Park, Panoramic, Water
MLS #MDWO2027270
StatusActive
(ACTIVE)

About 402 Saint Louis Ave Unit 7

Welcome to this highly sought-after beach cottage located at 4th Street and St. Louis Avenue in downtown Ocean City, Maryland. Perfectly situated next to the New Ocean City Park, this charming property has proven to be a rental powerhouse, averaging $30K annually over the past few years, making it an excellent investment opportunity or a personal beach retreat. The home features 2 bedrooms, 1.5 bathrooms, and 567 square feet of cozy coastal living space. Enjoy glimpses of the bay from the covered front porch, and take advantage of modern conveniences such as a stack washer and dryer, designated parking, and access to a community pool. Located just 2.5 blocks from the beach and boardwalk, this property offers unmatched proximity to Ocean City’s finest attractions. It’s also only one block from a public fishing and crabbing pier, ideal for outdoor enthusiasts. With many fine restaurants, bars, and local hotspots within walking distance, you’ll have everything you need right at your fingertips. Whether you’re relaxing on the porch, exploring the vibrant downtown area, or soaking up the sun by the pool, this beach cottage is the perfect getaway. Don’t miss your chance to own this exceptional property—schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1940
  • Stories: 1
  • Living Area: 567 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty-WOC
  • Office Phone: (410) 520-2600
  • Listing Agent: Anthony E Balcerzak Jr.

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Microwave, Oven, Electric Range, Washer/Dryer Stacked
  • Basement: No
  • Interior: Bathroom - Walk-In Shower

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Bay, Park, Panoramic, Water

Parking Information:

  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot: Cleared, Open Lot

Utilities

Utilities Information:

  • Heating: Other, Central
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Bayside - 4TH Street and Saint Louis Ave.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $310,000
  • Price Per SqFt: $547/SqFt

Tax Information:

  • Annual Amount: $1,666
  • 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

402 Saint Louis Ave Unit 7 vs Ocean City

10 DAYS ON ROCKET

-46 Days

$310,000

-$139.6K Less

$547/SqFt

+$119 More

KEY TAKEAWAY

This property is $139.6K less than the Median Sold Price and $119/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: #MDWO2027270

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty-WOC
  • Office Phone: (410) 520-2600
  • Listing Agent: Anthony E Balcerzak 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: 12/15/2024, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 07, 2019Home Sold
$159,900
Oct 04, 2013Home Sold
$107,500
Aug 30, 2007Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,666$117,900
2020$1,665$117,900
2019$1,642$115,433
2018$1,596$112,967
2017$1,561$110,500

History based on county public records data.

Payment Calculator

$1,615

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$996

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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-3629113
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.38 miles

  • Public District Grades PK-4

school-card-donut-3629114
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 6.81 miles

  • Public District Grades 4-6

school-card-donut-3629115
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 6.85 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 $55,076. Typical income of Ocean City, MD residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

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 402 Saint Louis Ave Unit 7

What is the listing price of this property?

The listing price of 402 Saint Louis Ave Unit 7 property is $310,000.

What type of property is this?

The property 402 Saint Louis Ave Unit 7 is a house located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 402 Saint Louis Ave Unit 7 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 $1,666 (source: MLS/based on county public records data).

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

The last sale was on August 7, 2019 for $159,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 402 Saint Louis Ave Unit 7 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 402 Saint Louis Ave Unit 7 is 567 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 402 Saint Louis Ave Unit 7 is 1940.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›402 Saint Louis Ave Unit 7

This home is located at 402 Saint Louis Ave Unit 7 in Ocean City, MD and zip code 21842. This 567 square foot home was built in 1940. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $310,000.

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. Between October 2024 and November 2024, Ocean City, MD real estate market has seen increase in the number of listings by 0.2%. The median list price of listings available in November 2024 was $449,666, while the average time on the real estate market was 56 days.

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

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