602 Edgewater Ave Ocean City, MD 21842
3
Beds
2
Baths
2,360
Sq Ft
5,000
Sq Ft Lot
Highlights
- Water Oriented
- Bay View
- Deck
- Ocean City Elementary School Rated A
- Bayside
- Traditional Architecture
About This Home
As of May 2025Have 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
Seaside Resort Group, LLC License #513925 Listed on: 04/09/2024
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
- Electric Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot D1
- Assessor Parcel Number 2410033454
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,678
Avg. Annual Appreciation
83.44%
Original Mortgage
$660,000
Outstanding Balance
$658,838
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$19,160
Purchase Details
Closed on
Sep 8, 2022
Sold by
Brown Stacie Greene
Bought by
Brown Christopher Norbert and Brown Stacie Greene
Similar Homes in Ocean City, MD
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $530,000 | None Listed On Document | |
| Deed | $530,000 | None Listed On Document | |
| Deed | -- | -- | |
| Deed | -- | -- |
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 Compared to Growth
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 | $4,201 | $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
-
Michael Maykrantz
Seller's Agent in 2025
Michael Maykrantz
Seaside Resort Group, LLC
(443) 497-0107
51 in this area
93 Total Sales
-
Lauren Bunting
Buyer's Agent in 2025
Lauren Bunting
Keller Williams Realty Delmarva
(410) 422-9899
71 in this area
173 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2020196
APN: 10-033454
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