3 months on rocket

8500 Coastal Hwy Unit 308, Ocean City, MD, 21842

$497,900

Home List Price

$5,913*

Closing Credit

2 Bedrooms
2 Full Baths
1,020 SqFt
$488/SqFt
Condo
Schools Nearby

Location

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8500 Coastal Hwy Unit 308, Ocean City$497,900

Buyer Closing Credits

$5,913*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1976
HeatingHeat Pump
CoolingCentral Air, Geothermal
ViewBay, Ocean
MLS #MDWO2018610
StatusActive
(ACTIVE)

About 8500 Coastal Hwy Unit 308

Welcome to 8500 Coastal Highway Unit 308, a charming 2 bedroom, 2 bathroom condo in the heart of Ocean City. Updated kitchen with subway tile backsplash, breakfast bar, stainless appliances, quartz countertops and ample cabinet space. Off the kitchen is a spacious living room - dining room combo that provides a nice place to gather and opens up to the large balcony. The master bedroom is spacious, has a view of the bay, features a master bath and direct access to the balcony. The second bedroom is a versatile space accommodates guests with a twin over twin bunk and a full/queen bed. The hall bath is updated, bright, charming and features a shiplap wall. Step outside onto the large covered balcony, where you'll be greeted by a view of the bay and a delightful peek of the ocean. This outdoor oasis serves as an extension of your living space, perfect for enjoying morning coffee or watching the sunset over the bay. Building is equipped with geothermal heating and cooling making it eco-friendly and efficient. Unit conveys furnished, with the exception of the large beanbag chair and sellers personal decor & items.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1976
  • Stories: 1
  • Living Area: 1,020 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (410) 879-8080
  • Listing Agent: Rebecca F Trout

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Bay, Ocean

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Geothermal

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 onto 85th street ocean side. Unit is in the Antigua.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $497,900
  • Price Per SqFt: $488/SqFt

Tax Information:

  • Annual Amount: $3,011
  • 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

8500 Coastal Hwy Unit 308 vs Ocean City

91 DAYS ON ROCKET

+46 Days

$497,900

+$57.6K More

$488/SqFt

+$55 More

KEY TAKEAWAY

This property is $57.6K more than the Median Sold Price and $55/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: #MDWO2018610

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (410) 879-8080
  • Listing Agent: Rebecca F Trout

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: 4/26/2024, 7:00:19 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

Oct 24, 2018Home Sold
$259,900
Aug 20, 2009Home Sold
$283,000
Jun 18, 2002Home Sold
$210,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,011$213,100
2020$3,010$213,100
2019$3,031$213,100
2018$3,010$213,100
2017$3,630$257,000

History based on county public records data.

Payment Calculator

$2,552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,559

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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-855632
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 4.71 miles

  • Public District Grades PK-4

Middle School

school-card-donut-855633
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 8.40 miles

  • Public District Grades 7-8

school-card-donut-855634
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 9.66 miles

  • Public District Grades 4-6

High School

school-card-donut-855635
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 8.36 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. Typical family type 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 8500 Coastal Hwy Unit 308

What is the listing price of this property?

The listing price of 8500 Coastal Hwy Unit 308 property is $497,900.

What type of property is this?

The property 8500 Coastal Hwy Unit 308 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 8500 Coastal Hwy Unit 308 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8500 Coastal Hwy Unit 308 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 $3,011 (source: MLS/based on county public records data).

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

The last sale was on October 24, 2018 for $259,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8500 Coastal Hwy Unit 308 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8500 Coastal Hwy Unit 308 is 1,020 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8500 Coastal Hwy Unit 308 is 1976.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›8500 Coastal Hwy Unit 308

This home is located at 8500 Coastal Hwy Unit 308 in Ocean City, MD and zip code 21842. This 1,020 square foot home was built in 1976. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $497,900.

While more than 12 listings in Ocean City, MD in March 2024 were sold above asking price, there were more than 16 listings sold at asking price, and more than 61 were sold below. The number of homes for sale in Ocean City, MD increased by 9.3% between February 2024 and March 2024. Listings spent 45 days on the market in March 2024, and had a median list price of $440,233 during the same period.

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

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