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3010 Philadelphia Ave Unit N108, Ocean City, MD, 21842

$184,900

Home List Price

$2,196*

Closing Credit

1 Full Bath
377 SqFt
$490/SqFt
Condo
Schools Nearby

Location

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3010 Philadelphia Ave Unit N108, Ocean City$184,900

Buyer Closing Credits

$2,196*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Parking Fee, Off Street, Parking Lot
Year Built1972
HeatingOther, Baseboard
CoolingWall Unit(s)
MLS #MDWO2020332
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 3010 Philadelphia Ave Unit N108

This is the beach investment property you've been waiting for! Oceanblock efficiency condo with views of the dunes and easy walking distance to the beach, waterpark, mini golf, restaurants, the boardwalk, and so much more. This unit is turn-key and ready for immediate enjoyment, or be ready to maximize rentals this summer season. Tile floors throughout, a beautiful tile shower, and an updated kitchen are all features that set this unit apart from the rest. For an efficiency condo, this unit offers a very nice size at 375 sf and abundant storage space, as well as a room divider allowing you to make two separate sleeping areas. Another great upgrade in this unit is the 40 gallon water heater, larger than the typical efficiency condo. The Three Cheers condominium boasts an outdoor pool with sundeck, bike storage room on the ground level, and one assigned parking space per unit. Whether you're looking for a budget-friendly beach retreat, fantastic rental property, or place to call home, you're sure to love unit N108 in The Three Cheers.

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1972
  • Stories: 1
  • Living Area: 377 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (302) 539-9040
  • Listing Agent: RHONDA FRICK

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Ceramic Tile
  • Interior: Breakfast Area, Efficiency, Family Room Off Kitchen, Floor Plan - Open, Stall Shower, Studio

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Parking Information:

  • Parking: Assigned, Parking Fee, Off Street, Parking Lot

Utilities

Utilities Information:

  • Heating: Other, 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: Coastal Hwy and 30th St

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $184,900
  • Price Per SqFt: $490/SqFt

Tax Information:

  • Annual Amount: $1,075
  • 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

3010 Philadelphia Ave Unit N108 vs Ocean City

15 DAYS ON ROCKET

-30 Days

$184,900

-$255.3K Less

$490/SqFt

+$57 More

KEY TAKEAWAY

This property is $255.3K less than the Median Sold Price and $57/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: #MDWO2020332

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (302) 539-9040
  • Listing Agent: RHONDA FRICK

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: 4/29/2024, 12:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 27, 2018Home Sold
$100,000
Aug 29, 2003Home Sold
$107,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,075$76,100
2020$1,075$76,100
2019$1,082$76,100
2018$1,075$76,100
2017$1,075$76,100

History based on county public records data.

Payment Calculator

$990

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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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-3109477
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 2.05 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3109478
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 6.48 miles

  • Public District Grades 7-8

school-card-donut-3109479
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 7.74 miles

  • Public District Grades 4-6

High School

school-card-donut-3109480
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 6.50 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. The majority of Ocean City, MD residents have income between $100k-200k annually. 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 3010 Philadelphia Ave Unit N108

What is the listing price of this property?

The listing price of 3010 Philadelphia Ave Unit N108 property is $184,900.

What type of property is this?

The property 3010 Philadelphia Ave Unit N108 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Accepting Backup Offers: 3010 Philadelphia Ave Unit N108 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 3010 Philadelphia Ave Unit N108 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 $1,075 (source: MLS/based on county public records data).

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

The last sale was on November 27, 2018 for $100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3010 Philadelphia Ave Unit N108 has 1 bathroom..

What is the square footage of this property?

The property 3010 Philadelphia Ave Unit N108 is 377 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3010 Philadelphia Ave Unit N108 is 1972.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›3010 Philadelphia Ave Unit N108

This home is located at 3010 Philadelphia Ave Unit N108 in Ocean City, MD and zip code 21842. This 377 square foot home was built in 1972. Features: 1 bathroom. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $184,900.

Over 12 listings were sold over their listed price in March 2024 in Ocean City, MD. In the same period over 61 listings were sold below the listed price and 16 listings were sold for the listed price. In March 2024 in Ocean City, MD there were 9.3% more homes for sale than in February 2024. 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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