$530,000
SOLD MAY 9, 2025

602 Edgewater Ave Ocean City, MD 21842

3 Beds
2 Baths
2,360 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$225 Per Sq Ft

8% Below List Price

350 Days on Market

Highlights

  • Water Oriented
  • Bay View
  • Deck
  • Ocean City Elementary School Rated A
  • Bayside
  • Traditional Architecture

About This Home

As of May 2025

Have you ever walked along Edgewater Avenue and thought how great it would be to own one of the few quintessential Ocean City homes that have stood the test of time? This is your opportunity to be the steward of a piece of Downtown OC history. Located steps from the bay and 4 blocks to the beach, enjoy in-town living on the quiet bayside. Private fenced yard, off-street parking and views of the Isle of Wight Bay from every West facing window in the house. Original wood flooring and decorative ceilings throughout anchored by a stately brick fireplace in the front sitting room. Relax in the sunroom or on the South facing deck overlooking the yard. A unique feature is the guest cottage attached to the East end of the house with knotty pine interior walls and its own mini-split heat/air unit. You have to visit the property to experience the interior features and feel of this timeless home. Come take a look.

Last Agent to Sell the Property

Michael Maykrantz

(443) 497-0107 mmaykrantz@comcast.net Seaside Resort Group, LLC License #513925 Listed on: 04/09/2024

Last Buyer's Agent

Lauren Bunting

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva License #581537

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,538

Year Built

  • Built in 1947

Lot Details

  • 5,000 Sq Ft Lot
  • Aluminum or Metal Fence
  • Property is zoned R-2

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,360 Sq Ft Home
  • Property has 1.5 Levels
  • Wood Burning Fireplace
  • Brick Fireplace
  • Bay Views

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Deck

Location

  • Flood Risk
  • Bayside

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot D1
  • Assessor Parcel Number 2410033454

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,538

Year Built

Built in 1947

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1947
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 2360
  • Living Area Sq Ft: 2360
  • Price Per Sq Ft: 243.64
  • Above Grade Finished Sq Ft: 2360
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Road Surface Type: Black Top
  • View: Bay
  • Water Access: No
  • Water Body Name: Isle of Wight Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Fencing: Aluminum
  • 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: Deck(s)
  • Zoning: R-2
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6538.00
  • Assessor Parcel Number: 2410033454
  • Tax Lot: D1
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

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
Apr 9, 2024
Closed on
May 9, 2025
Sold by
Brown Christopher Norbert and Brown Stacie Greene
Bought by
Nemet Adrian Alexandru
Seller's Agent
Michael Maykrantz
Seaside Resort Group, LLC
Buyer's Agent
Lauren Bunting
Keller Williams Realty Delmarva
List Price
$575,000
Sold Price
$530,000
Premium/Discount to List
-$45,000
-7.83%
Views
307
Current Estimated Value
$569,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,698
Avg. Annual Appreciation
8.55%
Original Mortgage
$660,000
Outstanding Balance
$657,663
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$87,965

Purchase Details

Closed on
Sep 8, 2022
Sold by
Brown Stacie Greene
Bought by
Brown Christopher Norbert and Brown Stacie Greene
Source: Public Records
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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 $530,000 None Listed On Document
Deed $530,000 None Listed On Document
Deed -- --
Deed -- --
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,000 New Conventional
Closed $660,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Sold $530,000 -7.8% $225 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
03/12/2025 03/12/25 Price Changed $575,000 0.0% $244 / Sq Ft
03/12/2025 03/12/25 For Sale $575,000 -17.7% $244 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $699,000 -6.7% $296 / Sq Ft
05/31/2024 05/31/24 Price Changed $749,000 -6.3% $317 / Sq Ft
04/26/2024 04/26/24 Price Changed $799,000 -3.2% $339 / Sq Ft
04/09/2024 04/09/24 For Sale $825,000 -- $350 / 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 $6,989 $511,800 $0 $0
2024 $4,201 $467,100 $0 $0
2023 $4,113 $422,400 $327,900 $94,500
2022 $4,023 $420,767 $0 $0
2021 $3,969 $419,133 $0 $0
2020 $3,896 $417,500 $327,900 $89,600
2019 $3,824 $393,867 $0 $0
2018 $4,894 $370,233 $0 $0
2017 $3,614 $346,600 $0 $0
2016 -- $346,600 $0 $0
2015 -- $346,600 $0 $0
2014 $2,721 $353,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2020196

Bright MLS

APN: 10-033454

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