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Backup Offers

11200 Coastal Hwy Unit 409, Ocean City, MD, 21842

$464,900

Home List Price

$5,521*

Closing Credit

1 Bedroom
1 Full Bath
990 SqFt
$470/SqFt
Condo
Schools Nearby

Location

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11200 Coastal Hwy Unit 409, Ocean City$464,900

Buyer Closing Credits

$5,521*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Parking Lot
Year Built1984
HeatingHeat Pump
CoolingCeiling Fan(s), Central Air
ViewOcean
MLS #MDWO2019258
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 11200 Coastal Hwy Unit 409

Do not miss your opportunity to own this meticulously maintained oversized 1 bed 1 bath Oceanfront end unit in the rarely available Rainbow building. This unit boasts not one, but 2 private balconies. Enjoy your coffee and beautiful sunrises on your very own ocean front balcony and in the evenings you can relax with a cocktail and serene sunsets on your west facing balcony with direct bay views. Immerse yourself in luxury with a spacious bedroom, a well appointed bathroom, and sunlit living area. Unit is being sold fully furnished and the opportunity to convert to a 2 bedroom unit exists. There are currently 4 summer weeks rented that must be honored by the buyer. Call today to schedule your private showing.

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1984
  • Stories: 1
  • Living Area: 990 SqFt

Listing Office:

  • Office Name: Sheppard Realty Inc
  • Office Phone: (410) 723-7070
  • Listing Agent: Michael Dodson

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Carpet, Luxury Vinyl Plank

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Ocean

Parking Information:

  • Parking: Assigned, Parking Lot

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Stephen Decatur High School, Public District Grades 9-12
  • Stephen Decatur Middle School, Public District Grades 7-8
  • Berlin Intermediate School, Public District Grades 4-6
  • Ocean City Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: GPS directions are accurate

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $464,900
  • Price Per SqFt: $470/SqFt

Tax Information:

  • Annual Amount: $3,222
  • 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

$440.2K

Med. Price/SqFt

$432

Avg. Days On Market

45

# of Sold Homes

89

11200 Coastal Hwy Unit 409 vs Ocean City

61 DAYS ON ROCKET

+16 Days

$464,900

+$24.6K More

$470/SqFt

+$37 More

KEY TAKEAWAY

This property is $24.6K more than the Median Sold Price and $37/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: #MDWO2019258

Listing Office:

  • Office Name: Sheppard Realty Inc
  • Office Phone: (410) 723-7070
  • Listing Agent: Michael Dodson

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: 4/28/2024, 8:00:17 AM 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 18, 2006Home Sold
$364,484

Tax History

YEARPROP. TAXASSESSMENT
2021$3,222$228,000
2020$3,153$223,200
2019$3,175$223,200
2018$3,153$223,200
2017$3,174$224,700

History based on county public records data.

Payment Calculator

$2,388

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,460

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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.

Elementary School

school-card-donut-2052664
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 5.68 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2052665
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 9.14 miles

  • Public District Grades 7-8

school-card-donut-2052666
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 10.38 miles

  • Public District Grades 4-6

High School

school-card-donut-2052667
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 9.09 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,250. The majority of Ocean City, MD residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11200 Coastal Hwy Unit 409

What is the listing price of this property?

The listing price of 11200 Coastal Hwy Unit 409 property is $464,900.

What type of property is this?

The property 11200 Coastal Hwy Unit 409 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Accepting Backup Offers: 11200 Coastal Hwy Unit 409 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 11200 Coastal Hwy Unit 409 are:
Ocean City Elementary School: GreatSchools Rating 10/10
Stephen Decatur Middle School: GreatSchools Rating 8/10
Berlin Intermediate School: GreatSchools Rating 7/10
Stephen Decatur High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,222 (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 18, 2006 for $364,484. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 11200 Coastal Hwy Unit 409 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 11200 Coastal Hwy Unit 409 is 990 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11200 Coastal Hwy Unit 409 is 1984.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›11200 Coastal Hwy Unit 409

This home is located at 11200 Coastal Hwy Unit 409 in Ocean City, MD and zip code 21842. This 990 square foot home was built in 1984. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $464,900.

In March 2024 more than 12 listings in Ocean City, MD were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 61 were sold below. The inventory of homes for sale in Ocean City, MD between February 2024 and March 2024 increased by 9.3%. Listings spent 45 days on the market in March 2024, and had a median list price of $440,233 during the same period.

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

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