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509 Philadelphia Avenue

OCEAN CITY, MD 21842
  • $799,900
  • STATUS: Closed
  • ON SITE: 43 Days
  • ID#: MDWO2012336
Sold - 03/24/2023
$799,900
SOLD - 03/24/2023
  • 6
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,336
    SQFT
  • $342
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1920
County:

School Ratings & Info

Description

Built in 1920, this piece of Ocean City, MD history is now available for sale! With 6 bedrooms, 2 living rooms, and 2 bathrooms this home has plenty of space for entertaining family and friends at the beach. Located in close proximity to the famous Ocean City Boardwalk on the ocean side with easy access to a fishing pier on the bayside. Recent upgrades to the home include complete roof replacement and an HVAC conversion to dual zone high quality heat pumps in April of 2019. Additionally a second hot water heater was installed in April of 2019 and a new electric panel was installed in May of 2019. The upstairs bathroom went through a complete renovation in June of 2020. Previously a rental, this property did $62,256 in gross rental income in 2020 (Partially booked May-Oct) and $87,525 in gross rental income 2021 (May-Oct). 2021 and YTD 2022 rental histories are available to download in Documents.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Bass Group, Real Estate Teams, LLC. 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. Data last updated: 2023-03-31T08:51:50.183.
www.jimbassgroup.com/homes/137006350
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509 Philadelphia Avenue OCEAN CITY, MD 21842

  • Price: $799,900
  • Status: Closed
  • On Site: 43 Days
  • Updated: 5 min ago
  • ID#: MDWO2012336
6
Beds
2
Baths
0
½ Baths
0.15
Acres
2,336
SQFT
$342
$/SQFT
1920
Built
Neighborhood:
None Available
County:
Worcester
Area:
Bayside Interior (83)
School District:
Worcester County Public Schools
Property Description
Built in 1920, this piece of Ocean City, MD history is now available for sale! With 6 bedrooms, 2 living rooms, and 2 bathrooms this home has plenty of space for entertaining family and friends at the beach. Located in close proximity to the famous Ocean City Boardwalk on the ocean side with easy access to a fishing pier on the bayside. Recent upgrades to the home include complete roof replacement and an HVAC conversion to dual zone high quality heat pumps in April of 2019. Additionally a second hot water heater was installed in April of 2019 and a new electric panel was installed in May of 2019. The upstairs bathroom went through a complete renovation in June of 2020. Previously a rental, this property did $62,256 in gross rental income in 2020 (Partially booked May-Oct) and $87,525 in gross rental income 2021 (May-Oct). 2021 and YTD 2022 rental histories are available to download in Documents.
Exterior Features

Architectural Style Colonial Construction Materials Asbestos Direction Faces East Exterior Features Outside ShowerSecure StorageSidewalksPlay AreaStreet Lights Fencing Picket Garage YN No Location Type Corner Lot/Unit Lot Features Corner Other Structures Above GradeBelow Grade Parking Features Concrete Driveway Parking Types Driveway Patio And Porch Features Porch(Es) Pool No Pool Property Condition Good Riparian Rights YN No Roof Asphalt View Ocean Water Access YN No Water Oriented YN No Water View YN Yes Waterfront YN No

Interior Features

Above Grade Fin SQFT 2336 Appliances DishwasherDisposalDryerStoveWater HeaterWasher Basement Other Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 1120 Cooling Central A/CCeiling Fan(S) Exclusions See Inventory Addendum Fireplace Features BrickMantel(S)Wood Fireplace YN Yes Fireplaces Total 1 Flooring HardwoodCeramic Tile Furnished Yes Heating Heat Pump(S) Heating YN Yes Inclusions See Inventory Addendum Interior Features Floor Plan - TraditionalFormal/Separate Dining RoomWood Floors Laundry Type BasementMain FloorHookup Levels 2 Main Level Bedrooms 1 Pets Allowed No Pet Restrictions Room List Living RoomDining RoomBedroom 3Bedroom 4Bedroom 5KitchenBedroom 6Bathroom 1Bathroom 2 Upper Level1 Bedrooms 5 Walls Ceilings Paneled Walls

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Assessment Year 2023 Association YN No Buyer Financing Cash Central Air YN Yes Close Sale Terms Standard Sale Condo YN No Cooling Fuel Electric Electric Circuit Breakers Federal Flood Zone Ae Federal Flood Zone YN Yes Foundation Details Block Heating Fuel Electric Hot Water ElectricMulti-Tank Lease Considered YN No Municipality Ocean City Navigable Water YN N New Construction YN No Original MLSNumber 802156156484 Ownership Interest Fee Simple Pets Allowed YN Yes Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 5449.00 Tax Assessment Amount 451000.00 Tax Lot K Transportation Bus Stop Less Than 1 Mile Utilities Electric AvailableCable Tv Available Vacation Rental YN Yes Water Source Public Window Features Replacement Year Built Effective 2019 Zoning R-2

Listing courtesy of Keller Williams Realty Delmarva: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Bass Group, Real Estate Teams, LLC. 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. Data last updated: 2023-03-31T08:51:50.183.
 
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Jim Bass Group, Real Estate Teams, LLC
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Frederick MD, 21701