3 months on rocket

7402 Coastal Hwy Unit 203, Ocean City, MD, 21842

$539,500

Home List Price

$6,407*

Closing Credit

3 Bedrooms
3 Full Baths
1,466 SqFt
$368/SqFt
Condo
Schools Nearby

Location

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7402 Coastal Hwy Unit 203, Ocean City$539,500

Buyer Closing Credits

$6,407*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingOff Street, Parking Lot
Year Built2006
HeatingForced Air
CoolingCentral Air, Ceiling Fan(s)
ViewBay, Ocean, Water
MLS #MDWO2018438
StatusActive
(ACTIVE)

About 7402 Coastal Hwy Unit 203

Come check out this beautiful well-appointed 3 bed, 3 bath condo on the ocean side of Coastal Highway! The walk to the beach is just a hundred steps away! The balcony on the south side of the unit allows views of both ocean and bay, beach and boats! The unit is for sale as is - tastefully decorated! All three bedrooms are a good size - the primary bedroom features a large ensuite bathroom and great views. Bedroom 2 has an en suite and the 3rd bedroom shares the hall bathroom. In between is a large living area with a gas fireplace open throughout the living area. The remainder of the space is open to the kitchen boasting plenty of counter and cabinet space, the laundry closet complete with washer/dryer, the dining area and a butler's bar with a sink. Access to the unit is by private elevator, located just a few steps to the door of unit 203. Along with the unit you also have a locker on the same floor for sandy item and two labeled parking spots. The mid-town location gives access to the boardwalk on the south and Fenwick to the north, with Rt 90 giving quick access to your home away from home! Treat your family to their own place at the beach! They will thank you!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 2006
  • Living Area: 1,466 SqFt

Listing Office:

  • Office Name: ExecuHome Realty
  • Office Phone: (443) 632-3000
  • Listing Agent: Sarah Lovelidge

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Bay, Ocean, Water

Parking Information:

  • Parking: Off Street, Parking Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Ceiling Fan(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: Take MD 90 to left on Coastal Hwy to 7402 Coastal, unit 203; take elevator to 2nd floor

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $539,500
  • Price Per SqFt: $368/SqFt

Tax Information:

  • Annual Amount: $4,453
  • 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

7402 Coastal Hwy Unit 203 vs Ocean City

98 DAYS ON ROCKET

+53 Days

$539,500

+$99.2K More

$368/SqFt

-$65 Less

KEY TAKEAWAY

This property is $99.2K more than the Median Sold Price and $65/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: #MDWO2018438

Listing Office:

  • Office Name: ExecuHome Realty
  • Office Phone: (443) 632-3000
  • Listing Agent: Sarah Lovelidge

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: 4/27/2024, 12:15:19 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

Sep 11, 2007Home Sold
$465,000
Aug 23, 2005Home Sold
$444,900

Tax History

YEARPROP. TAXASSESSMENT
2021$4,453$315,100
2020$4,452$315,100
2019$4,482$315,100
2018$4,451$315,100
2017$4,929$348,900

History based on county public records data.

Payment Calculator

$2,760

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,684

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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-1216249
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 4.11 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1216250
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 7.92 miles

  • Public District Grades 7-8

school-card-donut-1216251
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 9.19 miles

  • Public District Grades 4-6

High School

school-card-donut-1216252
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 7.89 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. Typical income of Ocean City, MD residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7402 Coastal Hwy Unit 203

What is the listing price of this property?

The listing price of 7402 Coastal Hwy Unit 203 property is $539,500.

What type of property is this?

The property 7402 Coastal Hwy Unit 203 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 7402 Coastal Hwy Unit 203 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7402 Coastal Hwy Unit 203 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 $4,453 (source: MLS/based on county public records data).

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

The last sale was on September 11, 2007 for $465,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7402 Coastal Hwy Unit 203 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7402 Coastal Hwy Unit 203 is 1,466 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7402 Coastal Hwy Unit 203 is 2006.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›7402 Coastal Hwy Unit 203

This home is located at 7402 Coastal Hwy Unit 203 in Ocean City, MD and zip code 21842. This 1,466 square foot home was built in 2006. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 19, 2024 and is currently priced at $539,500.

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. In March 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $440,233.

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

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