See Home Value
Ocean City 21842
257 S OCEAN DR
$950,000
House - Off Market

257 S OCEAN DR

OCEAN CITY, MD 21842
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1776 Sqft
$5,179
Estimated Monthly
$396
HOA / Fees
2.35%
Cap Rate

About This Property

This meticulously maintained Bayfront property is an absolute gem with breathtaking views. Boasting 3 bedrooms and 2.5 bathrooms, this open floor plan residence is a true must-see. Upon entering, you'll immediately notice its suitability as either a vacation retreat or a year-round home. The interior features stunning maple hardwood floors that extend throughout, while the bathrooms have been updated with luxurious vinyl plank flooring.

The open floor plan creates an inviting atmosphere with high ceilings and skylight windows, flooding the space with natural light. The sunroom is the perfect spot to savor your morning coffee while taking in the picturesque bay view. Recent updates, including a new roof, fresh HVAC, a brand new bulkhead, and a whole-house dehumidifier, enhance the property's value and comfort.

This fantastic community offers a range of amenities to enjoy, and its proximity to Northside Park makes it even more appealing. With an annual HOA fee of just $396, this extraordinary home in this wonderful community is an opportunity you won't want to miss.
Unit Size
1,776Ft²
Days on Market
132 days
Land Size
0.09 acres
Price per sqft
$548
Property Type
House
Property Taxes
$490
HOA Dues
$396
Year Built
2006
Last updated: 4 months ago (Bright MLS #MDWO2016988)

Price History

Date / Event Date Event Price
Mar 4, 2024 Sold to Brian Biggins, Carolyn Grim... $950,000
Sold to Brian Biggins, Carolyn Grim...
Oct 25, 2023 In contract -
In contract
Oct 20, 2023 Listed by Keller Williams Realty Delmarva $974,000
Listed by Keller Williams Realty Delmarva

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,776
  • Gross Building Area: 1,776
  • Building Area: 1,776
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,776
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MONTEGO BAY MHP
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 82 SEC 5A SOUTH OCEAN DR PL MONTEGO BAY MOB HM PK

Ownership

  • Current Owner : BIGGINS CAROLYN GRIMES
  • Current Owner 2: BIGGINS BRIAN
  • Previous Owner : ROBERT L BREMERMAN FAMILY TRUST
  • Previous Owner 2: BREMERMAN ROBERT L
  • Owner Before Previous Owner: BREMERMAN ROBERT L
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Worcester County Public Schools
  • Census Tract: 950300

Zoning

  • Zoning: TR

Geography

  • Assessors Map Reference: 117 14 8020A
  • Account Number: 200784
  • District: 10
  • Section: 5A
  • Parcel: 10-200784
  • Lot: 1593B
  • Municipality: OCEAN CITY
  • Latitude: 38.4357
  • Longitude: -75.0674

    Address

  • Full Address: 257 S Ocean Dr
  • Address - House Number: 257
  • Street Direction: S
  • Address - Street Name: Ocean
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Ocean City
  • Carrier Code: C008
  • 4-Digit Zip Code: 4655
  • Zip Code: 21842

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,958
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.0817
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 929,571
  • High Value: 1,005,563
  • Low Value: 853,580

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $755,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Mar 04, 2024
  • First Open Lien Mortgage Loan Amount: $755,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Market Valuation

  • Market Total Value: $422,700
  • Market Land Value: $272,600
  • Market Improvement Value: $150,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $422,700
  • Assessed Land Value: $272,600
  • Assessed Improvements Value: $150,100

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Mar 04, 2024
  • Current Sale Transaction ID: 11923604351
  • Current Sale Price: $950,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 31, 2009
  • Previous Sale Contract Date: Feb 26, 2009
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Mar 04, 2024
  • First Mortgage Loan Amount: $755,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
3 Baths
1,694 ft²
$502/ft²
$849,900 Mar 9, 2023
$849,900 Apr 14, 2023
$3,275/mo
House
4 Beds
4 Baths
2,642 ft²
$386/ft²
$1,020,000 May 16, 2023
$1,020,000 Jun 8, 2023
$75/mo
House
3 Beds
3 Baths
1,857 ft²
$592/ft²
$1,100,000 Sep 27, 2023
-
-

About Ocean City


Similar Homes for Sale

Unit for sale at 718 South Surf Road, OCEAN CITY, MD 21842

$1,100,000

  • 3 Beds
  • 3 Baths
  • 1,857 ft²
718 South Surf Road, OCEAN CITY, MD 21842 Listing by ELIZABETH KAPP

Nearby Rentals



Frequently Asked Questions

When was property at 257 South Ocean Drive built and last sold?
The property at 257 South Ocean Drive was built in 2006 and last sold on Feb 29, 2024 for $950,000.
How much is this home worth?
The estimated value of the home located at 257 South Ocean Drive is $973,945.
What are some comparable homes to 257 South Ocean Drive?
Homes that are comparable to 257 South Ocean Drive include a house property at 718 South Surf Road, a condo property at 218 North Heron Drive, a house property at 306 White Heron Court.

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