See Home Value
Ocean City 21842
512 NAUTICAL LANE
$377,500
● House - Off Market

512 NAUTICAL LANE

OCEAN CITY, MD 21842
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$2,421
Est. Monthly
$32
HOA / Fees
6.55%
Cap Rate

About This Property

***SELLERS PRIMARY RESIDENCE SOLD - MOTIVATED SELLER WILL CONSIDER ALL REASONABLE OFFERS*** Welcome to the highly sought-after Montego Bay community in North Ocean City! Enjoy everything OCMD has to offer while owning this spacious ranch-style detached home. The multi-season front porch expands the footprint of the home. A big bonus is the brand new windows that were just installed and convey with a warranty.  Fully furnished and the living room furniture was recently replaced. Kitchen appliances are less than One Year old. Roof & hot water heater are approximately 10 years old. Additional outdoor living with the new cement patio slab on the side of the home. Additional interior updates include some bathroom updates and newer fixtures. The owners have invested into the core updates and ready for the new owner. This vibrant waterfront neighborhood offers the perfect blend of coastal charm and resort-style amenities. Located just blocks from the beach and a beach bus ride away to Ocean City's famed boardwalk. Montego Bay features a vacation-like atmosphere with unbeatable convenience whether you are looking to be a full time resident or own a 2nd home get-away. Residents enjoy two outdoor pools, tennis courts, a scenic boardwalk along the bay, a nine-acre wildlife sanctuary, and a picturesque pond with walking trails. The community also offers shuffleboard courts, a mini-golf course, and a full-service community center. Montego Bay Civic Association has low HOA fees. Whether you're boating on the bay, relaxing by the pool, hanging out on the beach, enjoying dinner at one of the nearby restaurants, you'll love calling Montego Bay home.
Unit Size
1,536 Ft²
Days on Market
153 days
Land Size
0.08 acres
Price per sqft
$277
Property Type
House
Property Taxes
$301
HOA Dues
$32
Year Built
1988

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Last updated: 12 months ago (Bright MLS #MDWO2031118)

Price History

Date / Event Date Event Price
Oct 31, 2025 Sold
Sold
Sep 23, 2025 In contract -
In contract
May 31, 2025 Listed by Redfin Corp $425,000
Listed by Redfin Corp
Mar 9, 2007 Sold
Sold
Nov 24, 2004 Sold
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,600
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MONTEGO BAY MHP
  • Land Acres: 0000000083
  • Standard Land Use Code: 1006
  • County Land Use Code: R-C006
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 231 SEC 6A NAUTICAL LANE PL MONTEGO BAY MOB HM PK

Neighborhood

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

Zoning

  • Zoning: TR

Geography

  • Assessors Map Reference: 117 1 8020A
  • Account Number: 190789
  • District: 10
  • Section: 6A
  • Parcel: 10-190789
  • Lot: 1041B
  • Municipality: OCEAN CITY
  • Latitude: 38.4406
  • Longitude: -75.0681

    Address

  • Full Address: 512 Nautical Ln
  • Address - House Number: 512
  • Address - Street Name: Nautical
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Ocean City
  • Carrier Code: C008
  • 4-Digit Zip Code: 5860
  • Zip Code: 21842

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $277,973
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 72
  • Final Value: 405,948
  • High Value: 488,963
  • Low Value: 322,934

    Market Valuation

  • Market Total Value: $197,200
  • Market Land Value: $110,000
  • Market Improvement Value: $87,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,200
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $87,200

    Sales

  • Current Sale Contract Date: Mar 02, 2007
  • Current Sale Recording Date: Mar 09, 2007
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 363681
  • Previous Sale Recording Date: Nov 24, 2004
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocean City


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Nearby Rentals

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Unit for rent at 133 Georgia Avenue, OCEAN CITY, MD, 21842

$2,500 /mo

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133 Georgia Avenue, OCEAN CITY, MD, 21842 Listing by Kimberly McGuigan
Unit for rent at 139 Newport Bay Drive, OCEAN CITY, MD, 21842

$2,700 /mo

  • 2 Beds
  • 2 Baths
  • 1,008 ft²
139 Newport Bay Drive #206B, OCEAN CITY, MD, 21842 Listing by Anna Montgomery


Frequently Asked Questions

When was property at 512 Nautical Lane built and last sold?
The property at 512 Nautical Lane was built in 1988 and last sold on Mar 2, 2007 for $280,000.
How much is this home worth?
The estimated value of the home located at 512 Nautical Lane is $441,611.
What are some comparable homes to 512 Nautical Lane?
There are currently no comparable homes to 512 Nautical Lane.