3 months on rocket

2 48th St Unit 1708, Ocean City, MD, 21842

$1,500,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,650 SqFt
$909/SqFt
House
Schools Nearby

Location

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2 48th St Unit 1708, Ocean City$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

ParkingCovered Parking, Attached Garage
Garage2 spaces
Year Built2008
HeatingForced Air
CoolingCeiling Fan(s), Central Air
MLS #MDWO2018312
StatusActive
(ACTIVE)

About 2 48th St Unit 1708

Your luxury ocean front penthouse in the exceptional Gateway Grand residence awaits. This unit boasts one of a kind views for miles with 250 feet of pristine beach front property at your fingertips. Exquisite primary suite features spa bathroom with double vanity, marble finishes, soaking tub, and separate standing shower. Second suite also features private bath and third bedroom features additional full detached bath, you will never wait nor want in this condo. Gourmet kitchen features like new appliances, custom lighting, and granite countertops. You will love the light airy open layout with towering ceilings. Icing on the cake is your private balcony for morning coffee or evening cocktails with ocean views for as far as the eye can see. Outside the walls of your private escape you will enjoy the endless amities that come with life at the Gateway Grand. Take advantage of the club lounge, private terrace, catering kitchen, indoor and outdoor pools, fitness center and more. Two parking spot and storage units convey. You do not want to miss this show stopping opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 2008
  • Stories: 1
  • Living Area: 1,650 SqFt

Listing Office:

  • Office Name: Cummings & Co. Realtors
  • Office Phone: (410) 823-0033
  • Listing Agent: Meighan E Sweeney

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Covered Parking, Attached Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • 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 Ocean side plenty of parking

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $909/SqFt

Tax Information:

  • Annual Amount: $13,778
  • 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

2 48th St Unit 1708 vs Ocean City

106 DAYS ON ROCKET

+61 Days

$1,500,000

+$1.0M More

$909/SqFt

+$476 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $476/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: #MDWO2018312

Listing Office:

  • Office Name: Cummings & Co. Realtors
  • Office Phone: (410) 823-0033
  • Listing Agent: Meighan E Sweeney

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, 2:00:20 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

May 15, 2017Home Sold
$1,200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,778$975,000
2020$15,502$1,097,200
2019$14,198$998,100
2018$12,699$899,000
2017$11,299$799,900

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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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-1000476
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 2.75 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1000477
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 6.95 miles

  • Public District Grades 7-8

school-card-donut-1000478
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 8.23 miles

  • Public District Grades 4-6

High School

school-card-donut-1000479
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 6.95 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. The most common annual income of people living in Ocean City, MD is between $35k-100k. Typical family type is 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 2 48th St Unit 1708

What is the listing price of this property?

The listing price of 2 48th St Unit 1708 property is $1,500,000.

What type of property is this?

The property 2 48th St Unit 1708 is a house located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 2 48th St Unit 1708 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2 48th St Unit 1708 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 $13,778 (source: MLS/based on county public records data).

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

The last sale was on May 15, 2017 for $1,200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2 48th St Unit 1708 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 2 48th St Unit 1708 is 1,650 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2 48th St Unit 1708 is 2008.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›2 48th St Unit 1708

This home is located at 2 48th St Unit 1708 in Ocean City, MD and zip code 21842. This 1,650 square foot home was built in 2008. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 11, 2024 and is currently priced at $1,500,000.

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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