9 days on rocket

16 51st St Unit 311, Ocean City, MD, 21842

$325,000

Home List Price

$3,859*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
503 SqFt
$646/SqFt
Condo
Schools Nearby

Location

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16 51st St Unit 311, Ocean City$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1980
HeatingBaseboard
CoolingWall Unit(s)
MLS #MDWO2020552
StatusActive
(ACTIVE)

About 16 51st St Unit 311

*professional photos coming soon* NEWLY renovated end unit with views of both ocean and bay! Watch the sunrise from the balcony and the sunset from the bedroom or living room with a side window. Brand new hardwood floors, freshly painted, new bathroom vanity, brand new carpet in the bedroom, and a recently updated electrical panel. Location is prime with Seacrets, Candy Kitchen, Dumsers, Alley Oops, Maui Golf and other great restaurants and clubs like Macky's and Fager's Island all within minutes of walking. EASY ACCESS TO THE BEACH, with a sand rinse off station at the bottom of the building steps. No hotels or high-rise condos on the block means you can get a good spot on the beach even in the height of the summer. Never been rented since remodel.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1980
  • Stories: 3
  • Living Area: 503 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Homesale Realty
  • Office Phone: (800) 383-3535
  • Listing Agent: Caitlyn Seufert

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Oven, Electric Range, Refrigerator
  • Basement: No
  • Flooring Type: Ceramic Tile, Carpet
  • Interior: Breakfast Area, Kitchen - Galley

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: BBQ Grill

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Baseboard
  • 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, turn onto 51st street. first building on the left.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $646/SqFt

Tax Information:

  • Annual Amount: $2,032
  • 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

$439.4K

Med. Price/SqFt

$431

Avg. Days On Market

50

# of Sold Homes

98

16 51st St Unit 311 vs Ocean City

9 DAYS ON ROCKET

-41 Days

$325,000

-$114.4K Less

$646/SqFt

+$214 More

KEY TAKEAWAY

This property is $114.4K less than the Median Sold Price and $214/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: #MDWO2020552

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Homesale Realty
  • Office Phone: (800) 383-3535
  • Listing Agent: Caitlyn Seufert

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: 5/5/2024, 11:20:36 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

Apr 20, 2017Home Sold
$150,950
May 23, 2000Home Sold
$69,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,032$143,800
2020$2,031$143,800
2019$2,045$143,800
2018$2,031$143,800
2017$2,139$151,400

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-6453202
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 2.92 miles

  • Public District Grades PK-4

Middle School

school-card-donut-6453203
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 7.07 miles

  • Public District Grades 7-8

school-card-donut-6453204
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 8.34 miles

  • Public District Grades 4-6

High School

school-card-donut-6453205
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 7.06 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 $44,474. Residents of Ocean City, MD typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 51st St Unit 311

What is the listing price of this property?

The listing price of 16 51st St Unit 311 property is $325,000.

What type of property is this?

The property 16 51st St Unit 311 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 16 51st St Unit 311 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16 51st St Unit 311 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 $2,032 (source: MLS/based on county public records data).

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

The last sale was on April 20, 2017 for $150,950. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16 51st St Unit 311 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 16 51st St Unit 311 is 503 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 51st St Unit 311 is 1980.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›16 51st St Unit 311

This home is located at 16 51st St Unit 311 in Ocean City, MD and zip code 21842. This 503 square foot home was built in 1980. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $325,000.

In April 2024 more than 14 listings in Ocean City, MD were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 64 were sold below. Between March 2024 and April 2024, Ocean City, MD real estate market has seen increase in the number of listings by 4%. The median list price of listings available in April 2024 was $439,438, while the average time on the real estate market was 50 days.

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

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