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5201 Atlantic Ave Unit 304, Ocean City, MD, 21842

$609,000

Home List Price

$7,232*

Closing Credit

2 Bedrooms
2 Full Baths
1,096 SqFt
$556/SqFt
Condo
Schools Nearby

Location

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5201 Atlantic Ave Unit 304, Ocean City$609,000

Buyer Closing Credits

$7,232*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Paved Parking, Parking Lot, Off Street
Year Built1980
HeatingForced Air
CoolingCentral Air
ViewOcean
MLS #MDWO2020024
StatusActive
(ACTIVE)

About 5201 Atlantic Ave Unit 304

Immerse yourself in the serenity of this ocean front 2 bedroom / 2 bathroom condo, boasting a spacious layout and a private balcony where you can savor your morning coffee while basking in the breathtaking sunrises of Ocean City. Revel in the views of the Atlantic Ocean that inspire awe with every glance. This condo offers a spacious layout with an ocean front bedroom to take in the beauty of the Atlantic Ocean. A separate laundry room is offers space for your beach toys also. The updated kitchen was renovated in 2020, the sliders were replaced in 2017, and hot water heater in 2018. The hurricane shutters were replaced in 2021 to ensure peace of mind during storm season. Just a short stroll to area shopping, restaurants including the famous "Seacrets" and Dumser's home made ice cream perfect for leisurely days by the sea. The perfect 2nd home or beach investment.

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1980
  • Stories: 1
  • Living Area: 1,096 SqFt

Listing Office:

  • Office Name: Sheppard Realty Inc
  • Office Phone: (410) 723-7070
  • Listing Agent: Leslie I. Smith

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Oven, Electric Range, Refrigerator, Washer, Dryer
  • Basement: No
  • Flooring Type: Laminated, Ceramic Tile, Vinyl, Other
  • Interior: Carpet, Combination Dining/Living, Combination Kitchen/Dining, Primary Bedroom - Ocean Front

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Ocean
  • Exterior: Outside Shower

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Forced Air
  • 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: 52nd Street ocean front. Building on the left.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $609,000
  • Price Per SqFt: $556/SqFt

Tax Information:

  • Annual Amount: $5,094
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ocean City, MD.

Med. Sold Price

$439.4K

Med. Price/SqFt

$431

Avg. Days On Market

50

# of Sold Homes

98

5201 Atlantic Ave Unit 304 vs Ocean City

35 DAYS ON ROCKET

-15 Days

$609,000

+$169.5K More

$556/SqFt

+$124 More

KEY TAKEAWAY

This property is $169.5K more than the Median Sold Price and $124/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: #MDWO2020024

Listing Office:

  • Office Name: Sheppard Realty Inc
  • Office Phone: (410) 723-7070
  • Listing Agent: Leslie I. Smith

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: 5/6/2024, 8:20:36 PM 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$5,094$360,500
2020$5,093$360,500
2019$5,128$360,500
2018$5,092$360,500
2017$5,294$374,800

History based on county public records data.

Payment Calculator

$3,107

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,892

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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-7110340
10
/10
  • Ocean City Elementary School

  • 12828 Center Dr

  • 3.01 miles

  • Public District Grades PK-4

Middle School

school-card-donut-7110341
8
/10
  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 7.15 miles

  • Public District Grades 7-8

school-card-donut-7110342
7
/10
  • Berlin Intermediate School

  • 309 Franklin Ave

  • 8.42 miles

  • Public District Grades 4-6

High School

school-card-donut-7110343
6
/10
  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 7.14 miles

  • Public District Grades 9-12

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. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5201 Atlantic Ave Unit 304

What is the listing price of this property?

The listing price of 5201 Atlantic Ave Unit 304 property is $609,000.

What type of property is this?

The property 5201 Atlantic Ave Unit 304 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 5201 Atlantic Ave Unit 304 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5201 Atlantic Ave 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

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,094 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5201 Atlantic Ave Unit 304 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5201 Atlantic Ave Unit 304 is 1,096 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5201 Atlantic Ave Unit 304 is 1980.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›5201 Atlantic Ave Unit 304

This home is located at 5201 Atlantic Ave Unit 304 in Ocean City, MD and zip code 21842. This 1,096 square foot home was built in 1980. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $609,000.

While more than 14 listings in Ocean City, MD in April 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 64 were sold below. The number of listings in Ocean City, MD increased by 4% between March 2024 and April 2024. In April 2024 median list price was $439,438 and the average listing age was 50 days.

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

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