$1,130,000

1510 Shad Row Ocean City, MD 21842

Estimated payment $6,876/month

Total Views 11,495
6 Beds
4 Baths
4,200 Sq Ft
$269 Price per Sq Ft

Highlights

  • 50 Feet of Waterfront
  • Primary bedroom faces the bay
  • Parking available for a boat
  • Ocean City Elementary School Rated A
  • 2 Dock Slips
  • Access to Tidal Water

About This Home

COME ENJOY THIS SPECTACULAR OPPORTUNITY. VACATION WITH THE BEST OF THEM AT THIS INCREDIBLE ADDRESS. JUST A SHORT WALK TO THE FAMOUS BOARDWALK AND BEACH BUT SET ASIDE IN A TRANQUIL NEIGHBORHOOD SETTING. INCREDIBLE INVESTMENT OPPORTUNITY FOUND WITH THIS HOME- ENJOY RENT FROM A SEPARATE APARTMENT WITH TWO BEDS AND ONE BATH MAKING FOR A PERFECT SUMMER RENTAL OR LONG TERM. A LARGE DRIVEWAY WITH MASSIVE GARAGE ALLOWS FOR AMPLE GUESTS AND COMFORT. YOU'LL LOVE THE BOATING WITH PRIVATE DOCK & AND INCREDIBLE CANAL ACCESS TO THE BAY WITH A QUICK TRIP OUT TO THE OCEAN FOR WORLD CLASS FISHING. LARGE 'MAIN HOME' OFFERS TWO BEDROOMS UPSTAIRS WITH TWO PRIVATE BATHS. ENJOY MAIN LEVEL IN LAW SUITE WITH PRIVATE KITCHEN. GREAT EXPOSURE TO WATER WITH MASSIVE REAR DECKS ON ALL FLOORS. COME SEE A VACATION DELIGHT WITH AN INVESTMENT OPPORTUNITY ATTACHED TO IT TODAY!!

Listing Agent

Joseph Sachetti

Cummings & Co. Realtors Listed on: 05/02/2025

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,967

Year Built

  • Built in 1955

Lot Details

  • 5,000 Sq Ft Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Cleared Lot

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Parking available for a boat

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 4,200 Sq Ft Home
  • Property has 2 Levels
  • Dual Staircase
  • Ceiling Fan
  • Recessed Lighting
  • Combination Kitchen and Dining Room
  • Canal Views
  • Crawl Space
  • Storm Doors

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • Primary bedroom faces the bay
  • 4 Full Bathrooms

Laundry

  • Washer
  • Gas Dryer

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • Bulkhead
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock Against Bulkhead
  • 2 Powered Boats Permitted
  • Multiple Balconies
  • Storage Shed

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 10-040981

Community Details

Overview

  • No Home Owners Association
  • Neptune Development Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,967

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman, Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1955
  • Remarks Public: COME ENJOY THIS SPECTACULAR OPPORTUNITY. VACATION WITH THE BEST OF THEM AT THIS INCREDIBLE ADDRESS. JUST A SHORT WALK TO THE FAMOUS BOARDWALK AND BEACH BUT SET ASIDE IN A TRANQUIL NEIGHBORHOOD SETTING. INCREDIBLE INVESTMENT OPPORTUNITY FOUND WITH THIS HOME- ENJOY RENT FROM A SEPARATE APARTMENT WITH TWO BEDS AND ONE BATH MAKING FOR A PERFECT SUMMER RENTAL OR LONG TERM. A LARGE DRIVEWAY WITH MASSIVE GARAGE ALLOWS FOR AMPLE GUESTS AND COMFORT. YOU'LL LOVE THE BOATING WITH PRIVATE DOCK & AND INCREDIBLE CANAL ACCESS TO THE BAY WITH A QUICK TRIP OUT TO THE OCEAN FOR WORLD CLASS FISHING. LARGE 'MAIN HOME' OFFERS TWO BEDROOMS UPSTAIRS WITH TWO PRIVATE BATHS. ENJOY MAIN LEVEL IN LAW SUITE WITH PRIVATE KITCHEN. GREAT EXPOSURE TO WATER WITH MASSIVE REAR DECKS ON ALL FLOORS. COME SEE A VACATION DELIGHT WITH AN INVESTMENT OPPORTUNITY ATTACHED TO IT TODAY!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Gas, Dryer - Electric, Dishwasher, Built-In Microwave, Refrigerator, Water Heater, Washer
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: 2nd Kitchen, Additional Stairway, Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Recessed Lighting, Primary Bedroom - Bay Front, Upgraded Countertops
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 4200
  • Living Area Sq Ft: 4200
  • Price Per Sq Ft: 269.05
  • Above Grade Finished Sq Ft: 4200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1510

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Exterior Features: Boat Storage
  • Roof: Asphalt
  • View: Canal, Water
  • Water Access Features: Private Access, Boat - Powered, Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Land Use Code: 011
  • Lot Features: Bulkheaded, Cleared
  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Balconies- Multiple
  • Year Assessed: 2021
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 6967.00
  • Assessor Parcel Number: 10-040981
  • Tax Lot: 23
  • Tax Total Finished Sq Ft: 3521
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Federal Flood Zone: AO
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,203 $587,900 $0 $0
2023 $7,063 $502,600 $310,000 $192,600
2022 $6,928 $493,000 $0 $0
2021 $6,831 $483,400 $0 $0
2020 $6,586 $473,800 $310,000 $163,800
2019 $6,606 $464,333 $0 $0
2018 $6,289 $454,867 $0 $0
2017 $6,323 $445,400 $0 $0
2016 -- $445,400 $0 $0
2015 -- $445,400 $0 $0
2014 $6,511 $449,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Price Changed $1,130,000 -8.1% $269 / Sq Ft
05/02/2025 05/02/25 For Sale $1,230,000 +56.4% $293 / Sq Ft
05/05/2022 05/05/22 Sold $786,600 -12.5% $187 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/16/2022 02/16/22 Price Changed $899,000 0.0% $214 / Sq Ft
02/16/2022 02/16/22 For Sale $899,000 -10.0% $214 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
10/07/2021 10/07/21 Price Changed $999,000 -8.8% $238 / Sq Ft
08/14/2021 08/14/21 For Sale $1,095,000 -- $261 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,400 New Conventional
Open $650,000 Unknown
Closed $440,000 Purchase Money Mortgage
Closed $75,000 No Value Available
Source: Public Records

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Source: Bright MLS

MLS Number: MDWO2030376

Bright MLS

APN: 10-040981