$1,125,000
SOLD MAY 5, 2025

503 S Surf Rd Ocean City, MD 21842

5 Beds
3 Baths
2,648 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$425 Per Sq Ft

5% Below List Price

4 Days on Market

Highlights

  • Coastal Architecture
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Ocean City Elementary School Rated A
  • No HOA
  • Bar

About This Home

As of May 2025

Discover your perfect waterfront haven in Caine Woods! This 4-bedroom, 3 full bath properties on a serene lagoon has been recently remodeled in a modern style. Exterior upgrades have just been completed, including new siding, all new windows, new Trex decking and stairs, and new rails. Additionally, the sunroom has been converted into a spacious 5th bedroom. The home features recessed lighting, stylish light fixtures, and luxury vinyl plank flooring throughout. It has been freshly painted and offers fully remodeled kitchen, bathrooms, along with a new washer and dryer. A new water heater ensures comfort and efficiency.
The kitchen is a chef’s delight, boasting a massive luxury quartz kitchen island perfect for entertaining, with plenty of seating around it. The upstairs living room is spacious, featuring a wood-burning fireplace, a 75’’ TV, a wet bar, and two large couches leading to a deck with breathtaking water views and sunsets. Upstairs, you’ll find four beautifully remodeled bedrooms and 2 full bathrooms. The primary bedroom is generously sized with numerous windows, offering plenty of natural light. The en-suite bathroom includes a walk-in tile shower with a luxurious rain showerhead. This home is fully furnished with modern style and high-quality furniture by Article. The 2-car garage has been converted into a recreation room, complete with games and entertainment options, and ample storage for beach chairs. Outdoor amenities include multiple decks, a boat dock for boats and jet skis, and easy access to the Bay.
There are great options for expanding your space. The adjacent 2 lots, zoned R-2, are offered for $475,000 with fencing and mature landscaping. Build another home to create space for a pool or a yard—both choices present exciting possibilities. Plus, this property is not in a flood zone. This is a must-see property! Don’t miss out on this incredible opportunity!

Last Agent to Sell the Property

Inese D'Onofrio

(302) 539-1777 inesa.donofrio@cbmove.com Coldwell Banker Realty License #665784 Listed on: 04/04/2025

Coldwell Banker Realty

Last Buyer's Agent

Anne-Marie Bouse

(410) 723-3600 ambouseoc@gmail.com RE/MAX Advantage Realty License #RS-0037074

RE/MAX Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,830

Year Built

  • Built in 1982

Lot Details

  • 4,500 Sq Ft Lot
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,648 Sq Ft Home
  • Property has 2 Levels
  • Bar
  • Recessed Lighting
  • 2 Fireplaces
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Luxury Vinyl Plank Tile Flooring
  • Crawl Space
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-in Shower

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Caine Woods Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 2410182905

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,830

Year Built

Built in 1982

Lot Details

4,500 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Game center (electronic) in the garage, beach chairs, umbrellas and coolers, primary bedroom chest of drawers
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Bar, Bathroom - Walk-In Shower, Combination Kitchen/Dining, Kitchen - Island, Recessed Lighting, Window Treatments
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2648
  • Living Area Sq Ft: 2648
  • Price Per Sq Ft: 449.40
  • Above Grade Finished Sq Ft: 2648
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

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 Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Property Condition: Excellent
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7830.00
  • Assessor Parcel Number: 2410182905
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
May 5, 2025
Sold by
Klimins Deniss and Buinovskis Aleksejs
Bought by
Leonard Michael Thomas
Seller's Agent
Inese D'Onofrio
Coldwell Banker Realty
Buyer's Agent
Anne-Marie Bouse
RE/MAX Advantage Realty
List Price
$1,190,000
Sold Price
$1,125,000
Premium/Discount to List
-$65,000
-5.46%
Views
64
Current Estimated Value
$1,096,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,786
Avg. Annual Appreciation
0.17%
Original Mortgage
$350,000
Outstanding Balance
$347,493
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$779,219

Purchase Details

Listed on
Feb 2, 2021
Closed on
Mar 21, 2021
Sold by
Mcconkey Steven S and Sylvia B Mcconkey Rev Tr
Bought by
Buinovskis Aleksejs and Klimins Deniss
Seller's Agent
Larry Holdren Sr.
Larry Holdren Real Estate Inc
Buyer's Agent
Inese D'Onofrio
Coldwell Banker Realty
List Price
$920,000
Sold Price
$939,500
Premium/Discount to List
$19,500
2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$548,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2016
Sold by
Mcconkey Steven S
Bought by
Mcconkey Steven S

Purchase Details

Closed on
Dec 9, 2015
Sold by
Mcconkey Sylvia B
Bought by
Mcconkey Sylvia B and Sylvia B Mcconkey Revocable Tr

Purchase Details

Closed on
Jul 13, 1981
Sold by
Morris John T
Bought by
Mcconkey Charles K and Mcconkey Sylvia B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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 $1,125,000 Resort Land Title
Deed $1,125,000 Resort Land Title
Deed $639,500 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $31,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Closed $350,000 New Conventional
Previous Owner $548,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2025 05/05/25 Sold $1,125,000 -5.5% $425 / Sq Ft
04/04/2025 04/04/25 For Sale $1,190,000 0.0% $449 / Sq Ft
12/13/2024 12/13/24 Off Market $2,500 -- --
11/21/2024 11/21/24 For Rent $2,500 0.0% --
10/07/2024 10/07/24 For Rent $2,500 0.0% --
04/01/2021 04/01/21 Sold $939,500 0.0% $355 / Sq Ft View Prior Sale
02/08/2021 02/08/21 Pending -- -- --
02/02/2021 02/02/21 Price Changed $939,500 +2.1% $355 / Sq Ft
02/02/2021 02/02/21 For Sale $920,000 -- $347 / Sq Ft
Source: Bright MLS

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 $8,176 $598,767 $0 $0
2024 $7,806 $559,433 $0 $0
2023 $7,309 $520,100 $353,800 $166,300
2022 $7,243 $515,400 $0 $0
2021 $7,217 $510,700 $0 $0
2020 $7,149 $506,000 $353,800 $152,200
2019 $7,068 $496,867 $0 $0
2018 $6,869 $487,733 $0 $0
2017 $6,534 $478,600 $0 $0
2016 $6,062 $460,267 $0 $0
2015 $6,062 $441,933 $0 $0
2014 $6,062 $423,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2029942

Bright MLS

APN: 10-182905

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