13 days on rocket

413 Bayshore Dr Unit 202, Ocean City, MD, 21842

$649,000

Home List Price

$7,707*

Closing Credit

3 Bedrooms
2 Full Baths
1,178 SqFt
$551/SqFt
Condo
Schools Nearby

Location

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413 Bayshore Dr Unit 202, Ocean City$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Parking Lot
Year Built1972
HeatingHeat Pump
CoolingHeat Pump
ViewBay
MLS #MDWO2020370
StatusActive
(ACTIVE)

About 413 Bayshore Dr Unit 202

VIEWS! VIEWS! VIEWS! Direct bay front 3 bedroom 2 bath condo with awesome southerly views. Extra large balcony to enjoy all of the boating traffic and sunsets. This condo has just completed a major improvement project with whole new facade, new windows on the front and sides, and re-coating of the exterior. The seller has already paid the $90,000 for the renovation, so the new owners will have no upcoming assessments. Newer refrigerator, dishwasher, washer/dryer, granite counters, updated baths, and some fresh paint too. Your boat slip is just below your balcony with just seconds to the channel from this protected cove. The seller has enjoyed this oasis for many years and has has a great run with renting in the summer. Almost the entire season is booked with rental income that will convey to a new owner at settlement! Make this your great beach retreat and investment!

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1972
  • Stories: 1
  • Living Area: 1,178 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (410) 520-2707
  • Listing Agent: Timothy D Meadowcroft

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Exhaust Fan, Oven, Electric Range, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Basement: No
  • Flooring Type: Ceramic Tile, Carpet
  • Interior: Entry Level Bedroom, Floor Plan - Open, Primary Bedroom - Bay Front, Stall Shower, Upgraded Countertops, Walk-in Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Bay

Parking Information:

  • Parking: Assigned, Parking Lot

Lot Features

Lot Information:

  • Lot: Seawall

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

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 Highway to Bayshore Drive, Condo building on left Address 413

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $551/SqFt

Tax Information:

  • Annual Amount: $3,606
  • 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

413 Bayshore Dr Unit 202 vs Ocean City

13 DAYS ON ROCKET

-32 Days

$649,000

+$208.7K More

$551/SqFt

+$118 More

KEY TAKEAWAY

This property is $208.7K more than the Median Sold Price and $118/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: #MDWO2020370

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (410) 520-2707
  • Listing Agent: Timothy D Meadowcroft

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, 10:25:18 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

May 15, 2015Home Sold
$255,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,606$255,200
2020$3,245$229,700
2019$3,178$223,400
2018$3,067$217,100
2017$2,978$210,800

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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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-3383538
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.58 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3383539
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 6.01 miles

  • Public District Grades 7-8

school-card-donut-3383540
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 7.27 miles

  • Public District Grades 4-6

High School

school-card-donut-3383541
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 6.04 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. Typical family type is single, no kids. 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 413 Bayshore Dr Unit 202

What is the listing price of this property?

The listing price of 413 Bayshore Dr Unit 202 property is $649,000.

What type of property is this?

The property 413 Bayshore Dr Unit 202 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 413 Bayshore Dr Unit 202 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 413 Bayshore Dr Unit 202 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 $3,606 (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, 2015 for $255,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 413 Bayshore Dr Unit 202 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 413 Bayshore Dr Unit 202 is 1,178 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 413 Bayshore Dr Unit 202 is 1972.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›413 Bayshore Dr Unit 202

This home is located at 413 Bayshore Dr Unit 202 in Ocean City, MD and zip code 21842. This 1,178 square foot home was built in 1972. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $649,000.

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. In March 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $440,233.

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

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