NOT LISTED FOR SALE

702 Loop Rd Ocean City, MD 21842

Estimated Value: $724,276 - $748,000

4 Beds
3.5 Baths
2,600 Sq Ft
$283/Sq Ft Est. Value

Last Sold September 12, 2025

Last sale price $750,000 $288 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,539/month

175 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 2 Car Attached Garage
  • Ocean City Elementary School Rated A
  • Upgraded Countertops
  • More Than Two Accessible Exits

About This Home

As of September 2025

Experience Coastal Living at Its Finest.

Discover the perfect blend of coastal charm, comfort, and convenience in this meticulously maintained, single-owner home in the heart of Ocean City, less than a mile from the beach.

Offering 2,600 square feet of thoughtfully designed living space, this spacious residence features four bedrooms and three and a half bathrooms—ideal for families or those who love to entertain.

Lovingly cared for by one owner since the home was built, and never used as a rental, this vacation home has been kept in pristine condition, maintaining its original charm and beach house character. The primary suite offers a peaceful retreat, while three additional bedrooms provide plenty of space for family and guests. A screened-in porch invites you to relax and enjoy the coastal breeze, and a two-car garage offers ample storage for beach gear and more.

Nestled in a vibrant, friendly neighborhood surrounded by scenic inlets, this home is just steps from the serene Fiesta Park—perfect for morning strolls or evening bike rides. Despite its tranquil setting, the location provides easy access to all the essentials; just minutes from local favorites like Uber Bagels, Quiet Storm Surf Shop, and The Crab Bag.

Whether you’re seeking a permanent residence or a seasonal getaway, this property offers the best of both worlds—peaceful coastal living with effortless access to Ocean City and Fenwick Island’s renowned beaches, restaurants, and entertainment. Don’t miss this rare opportunity to make your dream of beach town living a reality

Last Agent to Sell the Property

Nicholas Elko

(443) 253-4304 nelko@oconorhomes.com O'Conor, Mooney & Fitzgerald License #641207 Listed on: 02/13/2025

Last Buyer's Agent

Brooks Decker

(443) 487-2763 brooks@kevindeckeroc.com Coastal Life Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,157

Year Built

  • Built in 2005

Lot Details

  • 4,500

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Stick Built Home

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Crawl Space
  • Upgraded Countertops
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 4,500 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Caine Woods Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 2410179157

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,157

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Some select furnishings & personal items
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2/13/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Upgraded Countertops
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 305.77
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • 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, Built In
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, On Street
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7157.00
  • Assessor Parcel Number: 2410179157
  • Tax Lot: 21
  • 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
Feb 13, 2025
Closed on
Sep 11, 2025
Sold by
Donnelly Family Irrevocable Real Estate and Donnelly Todd P
Bought by
Bernetski Christopher and Bernetski Chelsea
Seller's Agent
Nicholas Elko
O'Conor, Mooney & Fitzgerald
Buyer's Agent
Brooks Decker
Coastal Life Realty Group LLC
List Price
$824,900
Sold Price
$750,000
Premium/Discount to List
-$74,900
-9.08%
Views
125
Current Estimated Value
$735,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,181
Avg. Annual Appreciation
-7.65%
Original Mortgage
$342,000
Outstanding Balance
$342,000
Interest Rate
5.75%
Mortgage Type
VA
Estimated Equity
$393,819

Purchase Details

Closed on
Dec 3, 2012
Sold by
Donnelly Todd P and Donnelly Linda M
Bought by
Donnelly Todd P

Purchase Details

Closed on
Sep 6, 2006
Sold by
Serhan Kokuuslu
Bought by
Donnelly Todd P and Donnelly Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,200
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2006
Sold by
Serhan Kokuuslu
Bought by
Donnelly Todd P and Donnelly Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,200
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2004
Sold by
Cooper Jack D
Bought by
Serhan Kokuuslu and Kokuuslu Gulcin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Bernetski Christopher $750,000 Commonwealth Land Title
Donnelly Todd P -- Ocean Investments Title Corp
Donnelly Todd P $629,000 --
Donnelly Todd P $629,000 --
Serhan Kokuuslu $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernetski Christopher $342,000
Previous Owner Donnelly Todd P $503,200
Previous Owner Donnelly Todd P $503,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2025 09/12/25 Sold $750,000 -5.7% $288 / Sq Ft
06/19/2025 06/19/25 Price Changed $795,000 -3.6% $306 / Sq Ft
02/13/2025 02/13/25 For Sale $824,900 -- $317 / 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 $8,063 $590,433 $0 $0
2024 $7,135 $511,367 $0 $0
2023 $6,094 $432,300 $142,700 $289,600
2022 $5,997 $426,733 $0 $0
2021 $5,952 $421,167 $0 $0
2020 $5,872 $415,600 $142,700 $272,900
2019 $5,663 $398,100 $0 $0
2018 $5,360 $380,600 $0 $0
2017 $5,129 $363,100 $0 $0
2016 -- $361,933 $0 $0
2015 $4,985 $360,767 $0 $0
2014 $4,985 $359,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2028606

Bright MLS

APN: 10-179157