1 month on rocket

Sale Pending

1406 Chicago Ave Unit 206, Ocean City, MD, 21842

$355,000

Home List Price

$4,216*

Closing Credit

2 Bedrooms
2 Full Baths
920 SqFt
$386/SqFt
Condo
Schools Nearby

Location

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1406 Chicago Ave Unit 206, Ocean City$355,000

Buyer Closing Credits

$4,216*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAsphalt Driveway, On Street, Parking Lot
Year Built1983
HeatingOther
CoolingWall Unit(s)
ViewPanoramic
MLS #MDWO2019752
StatusSale Pending
(PENDING)

About 1406 Chicago Ave Unit 206

Experience the epitome of coastal living with this exceptional condo nestled in a serene residential enclave between 15th and 14th street in Ocean City, Maryland. Boasting low condo fees and an invitingly low tax rate of $2,347/year, this Breakwater condominium is undeniably the ultimate choice for savvy buyers seeking both value and location. This splendid two-bedroom, two-bathroom second floor unit offers a tranquil retreat, enhanced by its prime location. Indoor secure storage ensures effortless organization for all your beach essentials. Embrace the coastal lifestyle with a mere five-minute stroll to the beach, while also conveniently close to the esteemed Harbor Island Community hosting the renowned White Marlin Fishing Tournament, Mallard Island, and the highly anticipated Margaritaville Complex. Presented fully furnished, this residence epitomizes convenience and comfort. Revel in the main living open floor plan, boasting a recently updated kitchen, neutral paint palette and abundant natural light creating a welcoming ambiance. Unwind in the generously sized primary bedroom featuring a private ensuite, while the 25 ft. porch of this unit offers an idyllic setting for enjoying your morning coffee or evening libation as the sun sets over the bay. Additional amenities include a community bicycle rack, ample onsite and off-street parking, catering to both residents and guests alike. Whether you're seeking an investment opportunity or your own beach retreat, this property offers remarkable income potential and endless possibilities. Seize this rare chance to secure your slice of beach paradise living. Schedule your private showing today and make your coastal dreams a reality. Move In Ready for you and your guests. The units for heat and AC are new. All furniture, bed linens, towels, kitchenware and appliances large and small all convey. You don't want to miss this one!

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal, Villa
  • Year Built: 1983
  • Stories: 3
  • Living Area: 920 SqFt

Listing Office:

  • Office Name: Northrop Realty
  • Office Phone: (302) 539-2900
  • Listing Agent: Cynthia L Delzoppo

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Dryer, Freezer, Oven, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
  • Basement: No
  • Flooring Type: Partially Carpeted, Vinyl
  • Interior: Carpet, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Tub Shower, Upgraded Countertops

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Panoramic

Parking Information:

  • Parking: Asphalt Driveway, On Street, Parking Lot

Utilities

Utilities Information:

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

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: from Coastal Highway - the unit is between 14th and 15th Street bayside

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $355,000
  • Price Per SqFt: $386/SqFt

Tax Information:

  • Annual Amount: $2,353
  • 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

1406 Chicago Ave Unit 206 vs Ocean City

42 DAYS ON ROCKET

-3 Days

$355,000

-$85.2K Less

$386/SqFt

-$47 Less

KEY TAKEAWAY

This property is $85.2K less than the Median Sold Price and $47/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: #MDWO2019752

Listing Office:

  • Office Name: Northrop Realty
  • Office Phone: (302) 539-2900
  • Listing Agent: Cynthia L Delzoppo

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: 4/27/2024, 10:20:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,353$166,500
2020$2,352$166,500
2019$2,337$164,333
2018$2,291$162,167
2017$2,260$160,000

History based on county public records data.

Payment Calculator

$1,839

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,131

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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-1726698
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.38 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1726699
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 5.85 miles

  • Public District Grades 7-8

school-card-donut-1726700
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 7.08 miles

  • Public District Grades 4-6

High School

school-card-donut-1726701
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 5.89 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 $55,076. Most Ocean City, MD residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1406 Chicago Ave Unit 206

What is the listing price of this property?

The listing price of 1406 Chicago Ave Unit 206 property is $355,000.

What type of property is this?

The property 1406 Chicago Ave Unit 206 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Sale Pending: 1406 Chicago Ave Unit 206 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1406 Chicago Ave Unit 206 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 $2,353 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1406 Chicago Ave Unit 206 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1406 Chicago Ave Unit 206 is 920 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1406 Chicago Ave Unit 206 is 1983.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›1406 Chicago Ave Unit 206

This home is located at 1406 Chicago Ave Unit 206 in Ocean City, MD and zip code 21842. This 920 square foot home was built in 1983. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $355,000.

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. Between February 2024 and March 2024, Ocean City, MD real estate market has seen increase in the number of listings by 9.3%. While the average time on the market in March 2024 was 45 days, the median list price was $440,233.

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

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