$880,000
SOLD MAY 2, 2025

154 Old Wharf Rd Ocean City, MD 21842

4 Beds
3 Baths
2,711 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$325 Per Sq Ft

16% Below List Price

36 Days on Market

Highlights

  • 60 Feet of Waterfront
  • City View
  • Coastal Architecture
  • Ocean City Elementary School Rated A
  • 0.17 Acre Lot
  • 1 Fireplace

About This Home

As of May 2025

**Seller is offering a generous $100,000 upgrade allowance to the buyer! Use this to personalize the home to your liking and make it truly yours. Whether it's for renovations, amazing upgrades or some of each, this allowance gives you the flexibility to create your dream home** This beautiful 4-bedroom, 3-bathroom home offers the perfect blend of comfort and style, with breathtaking waterfront views and easy access to a serene canal. Ideal for those who appreciate both indoor and outdoor living, this home is a true gem! The spacious kitchen boasts elegant granite countertops, a stylish tile backsplash, and a large kitchen island—perfect for preparing meals or entertaining guests. A generous area off the kitchen offers plenty of room for a dining room or a cozy living space, highlighted by vaulted ceilings and an abundance of natural light. The living room opens into a versatile room full of windows, offering endless possibilities—use it as an office, sunroom, or a tranquil reading nook. The large bedroom also features vaulted ceilings, creating an open and airy retreat. The luxurious first bathroom includes dual vanity sinks and a spacious walk-in shower, while the second bathroom offers a tub/shower combo, and the third bathroom features a large walk-in shower for ultimate convenience and comfort. Step outside to the second-story deck, where you can relax and enjoy panoramic views of the canal, or unwind on the lower-level deck. The large screened-in porch is the perfect spot for dining or relaxing, and the charming gazebo on the property adds a peaceful touch. The HVAC is 3 years old, the roof as well as the washer, dryer, and hot water heater are approximately a year old giving you the peace of mind. Additional amenities include an attached two-car garage, offering plenty of space for storage or vehicles. This incredible home offers a rare opportunity to live in one of the most desirable locations in Ocean City, MD—don't miss out on the chance to own this waterfront paradise!

Last Agent to Sell the Property

Pamela Price

RE/MAX Advantage Realty Listed on: 03/03/2025

RE/MAX Advantage Realty

Last Buyer's Agent

Sydney Price

RE/MAX Advantage Realty License #RS-0039338

RE/MAX Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,026

Year Built

  • Built in 1987

Lot Details

  • 7,500 Sq Ft Lot
  • 60 Feet of Waterfront
  • Home fronts navigable water

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Property Views

  • City
  • Canal

Home Design

  • Coastal Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,711 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Outdoor Features

  • Water Access
  • Property is near a canal

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Caine Keys Ii Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 2410110300

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,026

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Remarks Public: **Seller is offering a generous $100,000 upgrade allowance to the buyer! Use this to personalize the home to your liking and make it truly yours. Whether it's for renovations, amazing upgrades or some of each, this allowance gives you the flexibility to create your dream home** This beautiful 4-bedroom, 3-bathroom home offers the perfect blend of comfort and style, with breathtaking waterfront views and easy access to a serene canal. Ideal for those who appreciate both indoor and outdoor living, this home is a true gem! The spacious kitchen boasts elegant granite countertops, a stylish tile backsplash, and a large kitchen island—perfect for preparing meals or entertaining guests. A generous area off the kitchen offers plenty of room for a dining room or a cozy living space, highlighted by vaulted ceilings and an abundance of natural light. The living room opens into a versatile room full of windows, offering endless possibilities—use it as an office, sunroom, or a tranquil reading nook. The large bedroom also features vaulted ceilings, creating an open and airy retreat. The luxurious first bathroom includes dual vanity sinks and a spacious walk-in shower, while the second bathroom offers a tub/shower combo, and the third bathroom features a large walk-in shower for ultimate convenience and comfort. Step outside to the second-story deck, where you can relax and enjoy panoramic views of the canal, or unwind on the lower-level deck. The large screened-in porch is the perfect spot for dining or relaxing, and the charming gazebo on the property adds a peaceful touch. The HVAC is 3 years old, the roof as well as the washer, dryer, and hot water heater are approximately a year old giving you the peace of mind. Additional amenities include an attached two-car garage, offering plenty of space for storage or vehicles. This incredible home offers a rare opportunity to live in one of the most desirable locations in Ocean City, MD—don't miss out on the chance to own this waterfront paradise!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2711
  • Living Area Sq Ft: 2711
  • Price Per Sq Ft: 387.31
  • Above Grade Finished Sq Ft: 2711
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 154

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • View: Canal, City
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 60

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Year Assessed: 2024
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7026.00
  • Assessor Parcel Number: 2410110300
  • Tax Lot: 39
  • Tax Total Finished Sq Ft: 2711
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 05/02/2025

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
May 2, 2025
Sold by
Rohrer Merry E and Rohrer Donald C
Bought by
Peter Khouri Sonia Khouri Llc
Seller's Agent
Pamela Price
RE/MAX Advantage Realty
Buyer's Agent
Sydney Price
RE/MAX Advantage Realty
List Price
$1,050,000
Sold Price
$880,000
Premium/Discount to List
-$170,000
-16.19%
Views
120
Current Estimated Value
$931,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,443
Avg. Annual Appreciation
18.79%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $880,000 None Listed On Document
Deed $880,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $204,600 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $880,000 -16.2% $325 / Sq Ft
04/08/2025 04/08/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $1,050,000 0.0% $387 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $1,050,000 -- $387 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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
2025 $5,362 $582,833 $0 $0
2024 $5,362 $501,967 $0 $0
2023 $5,261 $421,100 $265,000 $156,100
2022 $5,142 $418,133 $0 $0
2021 $2,611 $415,167 $0 $0
2020 $4,973 $412,200 $265,000 $147,200
2019 $4,912 $412,200 $265,000 $147,200
2018 $4,742 $412,200 $265,000 $147,200
2017 $4,709 $414,800 $0 $0
2016 $7,043 $414,800 $0 $0
2015 $3,580 $414,800 $0 $0
2014 $3,580 $417,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2029082

Bright MLS

APN: 10-110300