Coming Soon

5 48th St Unit 25, Ocean City, MD, 21842

$1,000,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
2,145 SqFt
$466/SqFt
Townhouse

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5 48th St Unit 25, Ocean City$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingPermit Included, Handicap Parking, Under Home Parking, Attached Carport, Parking Lot, Off Street
Year Built1966
HeatingCentral, Heat Pump
CoolingCentral Air, Ceiling Fan(s), Wall Unit(s)
ViewOcean
MLS #MDWO2027194
Active DateDecember 06, 2024
StatusComing Soon
(COMING SOON)

About 5 48th St Unit 25

COMING SOON - MAKE PLANS TO SEE THIS WEEKEND! The ONLY 5-Bedroom townhouse on the market! This unique townhome is in oceanfront Ocean Colony complex - located in popular Mid-Town. Entry level has a one bedroom efficency, perfect for guests or even rent out separately and has own outside entrance. If you like balconies and decks - this is your happy place. On the living level, there is a large deck off the living room and a balcony off the main level bedroom (great for sunsets). On the next floor there are two bedrooms, each with own deck (one for sunsets, one for sunrises). On the top level, there is a bedroom and a sitting room/den, which could be used as an extra bedroom, and there is a huge balcony with awesome ocean views. Updated kitchen, bathrooms, flooring, BRAND NEW HVAC! Act fast...nothing like this on the market and will go fast!

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1966
  • Living Area: 2,145 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (410) 524-7000
  • Listing Agent: Jeannie Betten

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Oven, Electric Range, Refrigerator, Washer, Water Heater
  • Basement: No
  • Flooring Type: Luxury Vinyl Plank, Partially Carpeted
  • Interior: 2nd Kitchen, Bathroom - Walk-In Shower, Ceiling Fan(s), Dining Area, Efficiency, Entry Level Bedroom, Exposed Beams, Walk-in Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Ocean

Parking Information:

  • Parking: Permit Included, Handicap Parking, Under Home Parking, Attached Carport, Parking Lot, Off Street

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Ceiling Fan(s), Wall Unit(s)

Other

Directions Information:

  • Directions: Coastal Hwy to 48th St toward ocean to Ocean Colony on right.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
  • Price Per SqFt: $466/SqFt

Tax Information:

  • Annual Amount: $9,486
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Ocean City, MD

City

Med. Sold Price

$449.6K

Med. Price/SqFt

$427

Avg. Days On Market

56

# of Sold Homes

87

5 48th St Unit 25 vs Ocean City

$1,000,000

+$550.3K More

$466/SqFt

+$38 More

KEY TAKEAWAY

This property is $550.3K more than the Median Sold Price and $38/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: #MDWO2027194

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (410) 524-7000
  • Listing Agent: Jeannie Betten

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: 12/4/2024, 2:20:55 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

Sep 10, 2008Home Sold
$485,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,486$671,300
2020$9,484$671,300
2019$9,031$634,833
2018$8,453$598,367
2017$7,937$561,900

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-71023
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 2.76 miles

  • Public District Grades PK-4

school-card-donut-71024
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 6.80 miles

  • Public District Grades PK-3

school-card-donut-71025
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 8.27 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. The most common annual income of people living in Ocean City, MD is between $35k-100k. The most common type of family is 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 5 48th St Unit 25

What is the listing price of this property?

The listing price of 5 48th St Unit 25 property is $1,000,000.

What type of property is this?

The property 5 48th St Unit 25 is a townhouse located in Ocean City, Maryland, 21842.

Is this property for sale now?

Coming Soon: 5 48th St Unit 25 is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,486 (source: MLS/based on county public records data).

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

The last sale was on September 10, 2008 for $485,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5 48th St Unit 25 has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 5 48th St Unit 25 is 2,145 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 48th St Unit 25 is 1966.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›5 48th St Unit 25

This home is located at 5 48th St Unit 25 in Ocean City, MD and zip code 21842. This 2,145 square foot home was built in 1966. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $1,000,000.

Over 15 listings were sold over their listed price in November 2024 in Ocean City, MD. In the same period over 57 listings were sold below the listed price and 15 listings were sold for the listed price. In November 2024 in Ocean City, MD there were 0.2% more homes for sale than in October 2024. 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.

More Resources