4 months on rocket

120 53rd St Unit K30102, Ocean City, MD, 21842

$318,000

Home List Price

$3,776*

Closing Credit

2 Bedrooms
2 Full Baths
1,056 SqFt
$301/SqFt
Condo
Schools Nearby

Location

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120 53rd St Unit K30102, Ocean City$318,000

Buyer Closing Credits

$3,776*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingPaved Parking, Off Site, Parking Lot
Year Built1982
HeatingHeat Pump
CoolingCentral Air, Heat Pump
MLS #MDWO2017922
StatusActive
(ACTIVE)

About 120 53rd St Unit K30102

PRICE REDUCTION BELOW MARKET VALUE investors - Great Rental investment with over 16-17 k rental income -for 3rd floor condos . 2 bedroom 2 bath condo WATERFRONT with OUSTANDING BAY VIEWS and DEEDED BOAT SLIP located in desirable mid town Ocean City. Bring your Boat and flip flops to enjoy the best of Ocean City. Bay spot condominium is located 53rd Street Bayside, easy access from Rt 90 in an out of town. Close to Beach, nightlife, shopping, watersports, Restaurants and short bus ride to the Iconic Boardwalk and all the attractions. Hop on your boat, Jet ski, Canoe or whatever you choose to berth in your private assigned boat slip and be on the open bay and to the Atlantic Ocean in minutes! travel by water to a plethora of Waterfront eateries and entertainment available in OC. Head to the Inlet or Atlantic Ocean for some of the best fishing in the White Marlin Capital of the World! Fantastic water views are to be had from inside your large 2 bedroom 2 full bath unit, partially furnished. Large kitchen with all appliances, New hot water heater and new Washer Dryer stack. Well run, self managed condo Association Unit Comes with deeded boat slip #49. You don't want to miss this one, come see today! Offered As Is ! Great rental investment GRI on Bay spot condos are 16,568.00 to 17,000 with built in repeat history . Condo fee increased for windows and staircase repair.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1982
  • Stories: 1
  • Living Area: 1,056 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (443) 856-2211
  • Listing Agent: Candi Noyes

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Dryer, Microwave, Oven, Electric Range, Refrigerator, Stove, Washer, Washer/Dryer Stacked, Water Heater
  • Basement: No
  • Interior: Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting

Parking Information:

  • Parking: Paved Parking, Off Site, Parking Lot

Virtual/3D Tour

  • 3D Tour: 120 53rd St Unit K30102

3D Tour

Utilities

Utilities Information:

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

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: Coastal Hwy to 53rd street bayside, Unit 301K on right.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $318,000
  • Price Per SqFt: $301/SqFt
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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

120 53rd St Unit K30102 vs Ocean City

142 DAYS ON ROCKET

+97 Days

$318,000

-$122.2K Less

$301/SqFt

-$132 Less

KEY TAKEAWAY

This property is $122.2K less than the Median Sold Price and $132/SqFt less 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: #MDWO2017922

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (443) 856-2211
  • Listing Agent: Candi Noyes

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, 12:10:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

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Total Monthly Payment

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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-1889686
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 2.94 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1889687
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 7.01 miles

  • Public District Grades 7-8

school-card-donut-1889688
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 8.29 miles

  • Public District Grades 4-6

High School

school-card-donut-1889689
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 7.00 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 $69,043. Typical income of Ocean City, MD residents is between $35k-100k annually. The majority of families are 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 120 53rd St Unit K30102

What is the listing price of this property?

The listing price of 120 53rd St Unit K30102 property is $318,000.

What type of property is this?

The property 120 53rd St Unit K30102 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 120 53rd St Unit K30102 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 120 53rd St Unit K30102 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

How many bedrooms and bathrooms does this property have?

The property at 120 53rd St Unit K30102 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 120 53rd St Unit K30102 is 1,056 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 120 53rd St Unit K30102 is 1982.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›120 53rd St Unit K30102

This home is located at 120 53rd St Unit K30102 in Ocean City, MD and zip code 21842. This 1,056 square foot home was built in 1982. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 08, 2023 and is currently priced at $318,000.

Ocean City, MD housing market in March 2024 saw over 12 listings sold above listed price, more than 16 sold at listed price and over 61 sold below. The inventory of homes for sale in Ocean City, MD between February 2024 and March 2024 increased by 9.3%. The median list price of listings available in March 2024 was $440,233, while the average time on the real estate market was 45 days.

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

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