1 month on rocket

Sale Pending

509 Penguin Dr Unit 304, Ocean City, MD, 21842

$399,900

Home List Price

$4,749*

Closing Credit

2 Bedrooms
2 Full Baths
1,080 SqFt
$370/SqFt
House
Schools Nearby

Location

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509 Penguin Dr Unit 304, Ocean City$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

ParkingParking Lot, Off Street
Year Built1973
HeatingHeat Pump
CoolingCentral Air
MLS #MDWO2019602
StatusSale Pending
(PENDING)

About 509 Penguin Dr Unit 304

Have you been looking for your perfect beach escape? A place ready to move in and enjoy immediately? You've found it here at Sandy Lane Estates! Located off 32nd St on the bay, this location is ideal - providing quick access to the beach, a short trip to the boardwalk and a quiet street tucked away from Coastal Hwy. This two bedroom, two bath unit comes fully furnished and equipped. It has not been used as a rental by the two previous owners and has been meticulously maintained and updated. Enter to find a large, open kitchen, dining and living space with LVP flooring. The kitchen features new appliances, upgraded countertops and tile backsplash. The living space has an abundance of natural light from the sliders that lead out to a large private balcony, a perfect place to enjoy breathtaking sunsets. Both bedrooms are spacious, with the master having access to the deck and water views from the comfort of your king size bed. Both bathrooms, including the private master bath, have been recently upgraded. With almost everything upgraded or new since current owners purchased in 2018, this special unit is completely turn-key and ready for you to enjoy! Sandy Lane estates has an outdoor pool, tennis courts and a private dock. With shared storage next to the pool and a storage locker right outside the front door, there's plenty of space for all your beach toys! Boat slips may become available to residents or be able to be purchased in the future! Do not miss your chance to enjoy summertime in Ocean City! Schedule a showing before it's gone!

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1973
  • Stories: 1
  • Living Area: 1,080 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (410) 524-6111
  • Listing Agent: Sarah Ruth Rosenblit

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Oven, Electric Range, Refrigerator, Stove, Washer
  • Basement: No
  • Interior: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Primary Bedroom - Bay Front, Upgraded Countertops, Wainscotting

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Parking Lot, Off Street

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: Bayside 32nd St, Left on Penguin Dr, Building 0.3 mi on Left: Sandy Lane Estates C

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $370/SqFt
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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

509 Penguin Dr Unit 304 vs Ocean City

43 DAYS ON ROCKET

-2 Days

$399,900

-$40.3K Less

$370/SqFt

-$63 Less

KEY TAKEAWAY

This property is $40.3K less than the Median Sold Price and $63/SqFt less 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: #MDWO2019602

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (410) 524-6111
  • Listing Agent: Sarah Ruth Rosenblit

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: 4/28/2024, 3:10:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$2,063

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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NMLS#3030

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-2382730
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.72 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2382731
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 6.06 miles

  • Public District Grades 7-8

school-card-donut-2382732
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 7.33 miles

  • Public District Grades 4-6

High School

school-card-donut-2382733
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 6.08 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. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 509 Penguin Dr Unit 304

What is the listing price of this property?

The listing price of 509 Penguin Dr Unit 304 property is $399,900.

What type of property is this?

The property 509 Penguin Dr Unit 304 is a house located in Ocean City, Maryland, 21842.

Is this property for sale now?

Sale Pending: 509 Penguin Dr Unit 304 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 509 Penguin Dr Unit 304 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

How many bedrooms and bathrooms does this property have?

The property at 509 Penguin Dr Unit 304 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 509 Penguin Dr Unit 304 is 1,080 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 509 Penguin Dr Unit 304 is 1973.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›509 Penguin Dr Unit 304

This home is located at 509 Penguin Dr Unit 304 in Ocean City, MD and zip code 21842. This 1,080 square foot home was built in 1973. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $399,900.

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. In March 2024 in Ocean City, MD there were 9.3% more homes for sale than in February 2024. Listings spent 45 days on the market in March 2024, and had a median list price of $440,233 during the same period.

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

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