4 months on rocket

5101 Atlantic Ave Unit 5040B, Ocean City, MD, 21842

$425,000

Home List Price

$5,047*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
586 SqFt
$725/SqFt
Condo
Schools Nearby

Location

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5101 Atlantic Ave Unit 5040B, Ocean City$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot, Off Street
Year Built1981
HeatingBaseboard
CoolingWall Unit(s)
MLS #MDWO2017960
StatusActive
(ACTIVE)

About 5101 Atlantic Ave Unit 5040B

Welcome to Worcester House 504, direct ocean front. This condo features a one Bedroom , one full bathroom and half bathroom of the bedroom. A good size Ocean Front balcony of the living room perfect to enjoy the morning coffee or dinners at night.The moment you walk in you will enjoy and appreciate the undistracted view of the ocean from the top floor. The building has an elevator and a handicap ramp. Located in mid town the condo is closer to so many attractions , convention center , restaurants and not crowded summer beaches. The unit is freshly painted and new luxury vinyl flooring. If you use the condo for you and your family or as an investment this is a perfect find .

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1981
  • Stories: 1
  • Living Area: 586 SqFt

Listing Office:

  • Office Name: Shoreline Properties
  • Office Phone: (410) 524-6688
  • Listing Agent: Keti Lynch

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Luxury Vinyl Plank

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: Parking Lot, Off Street

Utilities

Utilities Information:

  • Heating: 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: From Coastal Hwy, turn right on 51st street direct ocean front, unit 504

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $725/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

5101 Atlantic Ave Unit 5040B vs Ocean City

142 DAYS ON ROCKET

+97 Days

$425,000

-$15.2K Less

$725/SqFt

+$292 More

KEY TAKEAWAY

This property is $15.2K less than the Median Sold Price and $292/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: #MDWO2017960

Listing Office:

  • Office Name: Shoreline Properties
  • Office Phone: (410) 524-6688
  • Listing Agent: Keti Lynch

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: 5/1/2024, 6:25:21 AM 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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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-4077375
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 2.95 miles

  • Public District Grades PK-4

Middle School

school-card-donut-4077376
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 7.11 miles

  • Public District Grades 7-8

school-card-donut-4077377
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 8.38 miles

  • Public District Grades 4-6

High School

school-card-donut-4077378
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 7.10 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. Most Ocean City, MD residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5101 Atlantic Ave Unit 5040B

What is the listing price of this property?

The listing price of 5101 Atlantic Ave Unit 5040B property is $425,000.

What type of property is this?

The property 5101 Atlantic Ave Unit 5040B is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 5101 Atlantic Ave Unit 5040B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5101 Atlantic Ave Unit 5040B 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 5101 Atlantic Ave Unit 5040B has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5101 Atlantic Ave Unit 5040B is 586 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5101 Atlantic Ave Unit 5040B is 1981.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›5101 Atlantic Ave Unit 5040B

This home is located at 5101 Atlantic Ave Unit 5040B in Ocean City, MD and zip code 21842. This 586 square foot home was built in 1981. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since December 10, 2023 and is currently priced at $425,000.

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. Between February 2024 and March 2024, Ocean City, MD real estate market has seen increase in the number of listings by 9.3%. In March 2024 median list price was $440,233 and the average listing age was 45 days.

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

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