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Backup Offers

5801 Atlantic Ave Unit 1002, Ocean City, MD, 21842

$509,000

Home List Price

$6,044*

Closing Credit

2 Bedrooms
2 Full Baths
1,018 SqFt
$500/SqFt
Condo
Schools Nearby

Location

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5801 Atlantic Ave Unit 1002, Ocean City$509,000

Buyer Closing Credits

$6,044*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAsphalt Driveway, Parking Lot, Off Street
Year Built1984
HeatingForced Air
CoolingCentral Air
ViewBay, Ocean
MLS #MDWO2018406
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 5801 Atlantic Ave Unit 1002

Two bedrooms, two bath condo on the 10th floor with terrific views of the ocean, the bay and views looking south down Coastal highway. Sold furnished. No rentals to honor.

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1984
  • Stories: 1
  • Living Area: 1,018 SqFt

Listing Office:

  • Office Name: Coldwell Banker/Bud Church Rea
  • Office Phone: (410) 524-7888
  • Listing Agent: Ken Church

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Electric Range, Refrigerator, Washer, Water Heater
  • Basement: No
  • Flooring Type: Carpet, Laminated
  • Interior: Carpet, Combination Dining/Living, Tub Shower, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Bay, Ocean
  • Exterior: Outside Shower

Parking Information:

  • Parking: Asphalt Driveway, 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: Coastal Highway to 58th Street and oceanfront.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $509,000
  • Price Per SqFt: $500/SqFt

Tax Information:

  • Annual Amount: $4,161
  • 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

5801 Atlantic Ave Unit 1002 vs Ocean City

107 DAYS ON ROCKET

+62 Days

$509,000

+$68.7K More

$500/SqFt

+$67 More

KEY TAKEAWAY

This property is $68.7K more than the Median Sold Price and $67/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: #MDWO2018406

Listing Office:

  • Office Name: Coldwell Banker/Bud Church Rea
  • Office Phone: (410) 524-7888
  • Listing Agent: Ken Church

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, 1:20:32 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$4,161$294,467
2020$3,982$281,900
2019$3,894$273,767
2018$3,752$265,633
2017$3,637$257,500

History based on county public records data.

Payment Calculator

$2,608

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,593

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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-4197168
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 3.30 miles

  • Public District Grades PK-4

Middle School

school-card-donut-4197169
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 7.35 miles

  • Public District Grades 7-8

school-card-donut-4197170
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 8.63 miles

  • Public District Grades 4-6

High School

school-card-donut-4197171
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 7.34 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. Residents of Ocean City, MD typically earn between $35k-100k each year. The most common type of family is 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 5801 Atlantic Ave Unit 1002

What is the listing price of this property?

The listing price of 5801 Atlantic Ave Unit 1002 property is $509,000.

What type of property is this?

The property 5801 Atlantic Ave Unit 1002 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Accepting Backup Offers: 5801 Atlantic Ave Unit 1002 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5801 Atlantic Ave Unit 1002 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 $4,161 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5801 Atlantic Ave Unit 1002 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5801 Atlantic Ave Unit 1002 is 1,018 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Atlantic Ave Unit 1002 is 1984.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›5801 Atlantic Ave Unit 1002

This home is located at 5801 Atlantic Ave Unit 1002 in Ocean City, MD and zip code 21842. This 1,018 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 14, 2024 and is currently priced at $509,000.

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. While the average time on the market in March 2024 was 45 days, the median list price was $440,233.

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

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