22 days on rocket

5300 Coastal Hwy Unit 103, Ocean City, MD, 21842

$599,999

Home List Price

$7,125*

Closing Credit

3 Bedrooms
2 Full Baths
1,311 SqFt
$458/SqFt
Condo
Schools Nearby

Location

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5300 Coastal Hwy Unit 103, Ocean City$599,999

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Parking Lot
Year Built2003
HeatingCentral
CoolingCentral Air
MLS #MDWO2020140
StatusActive
(ACTIVE)

About 5300 Coastal Hwy Unit 103

Back on the market with a nice PRICE IMPROVEMENT! This condo was primarily used as a very successful rental. This is the is one of the lowest priced 3 bedroom located in a elevator masonry building with a pool in town! This condo is an easy walk to the beach and to the best and most popular restaurants in Ocean City. The entry area features a tile floor and owners closet. The hall bath features tile flooring and shower along with a pocket door to separate the shower area from the sink. The large dining/ living area features new LVP flooring with a fireplace, sleeper sofa and slider to a large balcony facing the bay for amazing sunsets. There is a new Electrolux stackable washer and dryer installed in 2022, along with a new hot water heater. There is also a wet bar in the dining/living area to enjoy an orange crush or two! This condo features crown molding throughout. The master bedroom has LVP flooring and tray ceilings and a slider to the balcony. The master bath features a separate shower, large soaking tub with jets and double sinks. The condo has a rooftop community pool with amazing views! There is an outside storage unit to hold all of your beach gear on the same floor! This condo comes fully furnished. There are two assigned parking spots and an outdoor shower as well! Unit is in a rental program for 2024. This one won't last long!

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 2003
  • Stories: 1
  • Living Area: 1,311 SqFt

Listing Office:

  • Office Name: LPT Realty, LLC
  • Office Phone: (877) 366-2213
  • Listing Agent: Leslie L. Miller

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven, Electric Range, Refrigerator, Washer, Water Heater
  • Basement: No
  • Interior: Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Combination Dining/Living, Crown Moldings, Dining Area, Elevator, Floor Plan - Open, Sprinkler System, Wainscotting, Wet/Dry Bar, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Assigned, Parking Lot

Utilities

Utilities Information:

  • Heating: Central
  • 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: Coastal Highway to ocean side - 53rd Street

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,999
  • Price Per SqFt: $458/SqFt

Tax Information:

  • Annual Amount: $4,261
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$440.2K

Med. Price/SqFt

$432

Avg. Days On Market

45

# of Sold Homes

89

5300 Coastal Hwy Unit 103 vs Ocean City

22 DAYS ON ROCKET

-23 Days

$599,999

+$159.7K More

$458/SqFt

+$25 More

KEY TAKEAWAY

This property is $159.7K more than the Median Sold Price and $25/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: #MDWO2020140

Listing Office:

  • Office Name: LPT Realty, LLC
  • Office Phone: (877) 366-2213
  • Listing Agent: Leslie L. Miller

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, 12:45:18 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

Mar 05, 2020Home Sold
$315,000
Oct 15, 2003Home Sold
$399,900

Tax History

YEARPROP. TAXASSESSMENT
2021$4,261$301,500
2020$4,259$301,500
2019$4,264$299,733
2018$4,209$297,967
2017$4,184$296,200

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-2262250
10
/10
  • Ocean City Elementary School

  • 12828 Center Dr

  • 3.01 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2262251
8
/10
  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 7.12 miles

  • Public District Grades 7-8

school-card-donut-2262252
7
/10
  • Berlin Intermediate School

  • 309 Franklin Ave

  • 8.40 miles

  • Public District Grades 4-6

High School

school-card-donut-2262253
6
/10
  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 7.11 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. The most common annual income of people living in Ocean City, MD is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5300 Coastal Hwy Unit 103

What is the listing price of this property?

The listing price of 5300 Coastal Hwy Unit 103 property is $599,999.

What type of property is this?

The property 5300 Coastal Hwy Unit 103 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 5300 Coastal Hwy Unit 103 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5300 Coastal Hwy Unit 103 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 $4,261 (source: MLS/based on county public records data).

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

The last sale was on March 5, 2020 for $315,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5300 Coastal Hwy Unit 103 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5300 Coastal Hwy Unit 103 is 1,311 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5300 Coastal Hwy Unit 103 is 2003.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›5300 Coastal Hwy Unit 103

This home is located at 5300 Coastal Hwy Unit 103 in Ocean City, MD and zip code 21842. This 1,311 square foot home was built in 2003. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $599,999.

In March 2024 more than 12 listings in Ocean City, MD were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 61 were sold below. The inventory of homes for sale in Ocean City, MD between February 2024 and March 2024 increased 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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