8 months on rocket

2 Dorchester St Unit 408, Ocean City, MD, 21842

$675,000

Home List Price

$8,016*

Closing Credit

2 Bedrooms
2 Full Baths
1,291 SqFt
$523/SqFt
Condo
Schools Nearby

Location

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2 Dorchester St Unit 408, Ocean City$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered Parking, Detached Garage
Garage2 spaces
Year Built2007
HeatingHeat Pump
CoolingCentral Air
MLS #MDWO2015698
StatusActive
(ACTIVE)

About 2 Dorchester St Unit 408

Here is the one you have been looking for! Downtown Ocean City. Direct oceanfront building on the Boardwalk. This turnkey, 2 bed/2 bath condo has a strong rental history. Park your car in one of your two assigned spots in the covered parking garage and enjoy the rest of your vacation. Also enjoy the pool, a putting green, sauna, and fitness center. You are within walking and biking distance to great restaurants and entertainment, as well as the OC fishing pier and inlet. Elevators for convenience. Storage for each unit on the 3rd floor of the parking garage. Spacious living room with fireplace. Kitchen island with breakfast bar plus a dining table and fully equipped kitchen. Nicely furnished. Conveniently located on the fourth floor with open balcony, facing pool with large sundeck. Great views as well! Come see and buy today! Sale is subject to existing lease and contingent on seller finding another property to purchase.

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 2007
  • Stories: 1
  • Living Area: 1,291 SqFt

Listing Office:

  • Office Name: Century 21 New Horizon
  • Office Phone: (410) 723-4500
  • Listing Agent: Matthew Bogdan

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: 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: Dorchester Street at Belmont Towers

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $523/SqFt

Tax Information:

  • Annual Amount: $6,895
  • 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 Dorchester St Unit 408 vs Ocean City

259 DAYS ON ROCKET

+214 Days

$675,000

+$234.7K More

$523/SqFt

+$90 More

KEY TAKEAWAY

This property is $234.7K more than the Median Sold Price and $90/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: #MDWO2015698

Listing Office:

  • Office Name: Century 21 New Horizon
  • Office Phone: (410) 723-4500
  • Listing Agent: Matthew Bogdan

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

Tax History

YEARPROP. TAXASSESSMENT
2021$6,895$487,900
2020$6,893$487,900
2019$6,445$453,067
2018$5,908$418,233
2017$5,416$383,400

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-1087090
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.66 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1087091
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 5.64 miles

  • Public District Grades 7-8

school-card-donut-1087092
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 6.80 miles

  • Public District Grades 4-6

High School

school-card-donut-1087093
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 5.72 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 $103,906. Most Ocean City, MD residents have annual incomes between $100k-200k. 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 2 Dorchester St Unit 408

What is the listing price of this property?

The listing price of 2 Dorchester St Unit 408 property is $675,000.

What type of property is this?

The property 2 Dorchester St Unit 408 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 2 Dorchester St Unit 408 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 Dorchester St Unit 408 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 $6,895 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2 Dorchester St Unit 408 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2 Dorchester St Unit 408 is 1,291 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2 Dorchester St Unit 408 is 2007.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›2 Dorchester St Unit 408

This home is located at 2 Dorchester St Unit 408 in Ocean City, MD and zip code 21842. This 1,291 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 11, 2023 and is currently priced at $675,000.

In March 2024, from all listings sold in Ocean City, MD there were more than 12 sold above asking price, over 61 sold below and more than 16 were sold right at the asked price. The number of homes for sale in Ocean City, MD increased by 9.3% between February 2024 and March 2024. 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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