10 months on rocket

8500 Coastal Hwy Unit 308, Ocean City, MD, 21842

$464,500

Home List Price

$5,516*

Closing Credit

2 Bedrooms
2 Full Baths
1,020 SqFt
$455/SqFt
Condo

Location

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8500 Coastal Hwy Unit 308, Ocean City$464,500

Buyer Closing Credits

$5,516*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1976
HeatingHeat Pump
CoolingCentral Air, Geothermal
ViewBay, Ocean
MLS #MDWO2018610
StatusActive
(ACTIVE)

About 8500 Coastal Hwy Unit 308

Welcome to 8500 Coastal Highway Unit 308, a charming 2 bedroom, 2 bathroom condo in the heart of Ocean City. Updated kitchen with subway tile backsplash, breakfast bar, stainless appliances, quartz countertops and ample cabinet space. Off the kitchen is a spacious living room - dining room combo that provides a nice place to gather and opens up to the large balcony. The master bedroom is spacious, has a view of the bay, features a master bath and direct access to the balcony. The second bedroom is a versatile space accommodates guests with a twin over twin bunk and a full/queen bed. The hall bath is updated, bright, charming and features a shiplap wall. Step outside onto the large covered balcony, where you'll be greeted by a view of the bay and a delightful peek of the ocean. This outdoor oasis serves as an extension of your living space, perfect for enjoying morning coffee or watching the sunset over the bay. Building is equipped with geothermal heating and cooling making it eco-friendly and efficient. Unit conveys furnished, with the exception of the large beanbag chair and sellers personal decor & items.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1976
  • Stories: 1
  • Living Area: 1,020 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (410) 879-8080
  • Listing Agent: Rebecca F Trout

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Bay, Ocean

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Geothermal

Other

Directions Information:

  • Directions: From coastal hwy, turn onto 85th street ocean side. Unit is in the Antigua.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $464,500
  • Price Per SqFt: $455/SqFt

Tax Information:

  • Annual Amount: $3,011
  • 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

8500 Coastal Hwy Unit 308 vs Ocean City

300 DAYS ON ROCKET

+220 Days

$464,500

+$14.9K More

$455/SqFt

+$26 More

KEY TAKEAWAY

This property is $14.9K more than the Median Sold Price and $26/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: #MDWO2018610

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (410) 879-8080
  • Listing Agent: Rebecca F Trout

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: 11/21/2024, 8:20:52 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

Oct 24, 2018Home Sold
$259,900
Aug 20, 2009Home Sold
$283,000
Jun 18, 2002Home Sold
$210,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,011$213,100
2020$3,010$213,100
2019$3,031$213,100
2018$3,010$213,100
2017$3,630$257,000

History based on county public records data.

Payment Calculator

$2,386

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,459

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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-413556
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 4.69 miles

  • Public District Grades PK-4

school-card-donut-413557
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 7.24 miles

  • Public District Grades PK-3

school-card-donut-413558
7
/10

  • Showell (Phillip C.) Elementary School

  • 41 Bethany Rd

  • 9.35 miles

  • Public District Grades KG-5

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. Residents typically live in single, no kids family. Most 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.

What are the common housing types 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 are the advantages of living 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.

Are essential services in Ocean City, MD convenient?

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.

How do Ocean City, MD residents get around?

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 8500 Coastal Hwy Unit 308

What is the listing price of this property?

The listing price of 8500 Coastal Hwy Unit 308 property is $464,500.

What type of property is this?

The property 8500 Coastal Hwy Unit 308 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 8500 Coastal Hwy Unit 308 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 $3,011 (source: MLS/based on county public records data).

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

The last sale was on October 24, 2018 for $259,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8500 Coastal Hwy Unit 308 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8500 Coastal Hwy Unit 308 is 1,020 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8500 Coastal Hwy Unit 308 is 1976.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›8500 Coastal Hwy Unit 308

This home is located at 8500 Coastal Hwy Unit 308 in Ocean City, MD and zip code 21842. This 1,020 square foot home was built in 1976. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $464,500.

Over 12 listings were sold over their listed price in October 2024 in Ocean City, MD. In the same period over 67 listings were sold below the listed price and 11 listings were sold for the listed price. The number of listings in Ocean City, MD increased by 16.2% between September 2024 and October 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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