tomo logo

$1,299,000

Beds
4
Baths
3.5
sq ft
2,376

101 Channel Buoy Rd, Ocean City, MD 21842

101 Channel Buoy Rd

OCEAN CITY, MD 21842

  • 4 days on market
Beautifully renovated waterfront single family home located just one short block from the Ocean. Home has been completely renovated over the last few years. Over $218,000 in renovations. Kitchen has tiled flooring, quality cabinetry, quartz countertops and stainless-steel appliances. Dining room features custom inlay tiled flooring. Open living room with custom inlay hardwood flooring leads to waterfront back deck and private courtyard. All bathrooms have been totally renovated. Three new decks. New Anderson windows. New dock with tech wood. New fence, new outdoor shower, new patio, new landscaping, irrigation, lighting. Large balcony off upstairs with ocean views, perfect for relaxation. Oversized master bedroom with waterfront deck, large walk-in closet and en-suite bath featuring dual vanity, tiled flooring, custom rain shower head. Four off-street parking spaces plus garage for storage. Newer roof and lighting fixtures throughout. Beautifully furnished. Do not miss your chance to own this property today,

Details

Property type

Single Family Residence

Est. home value

$958,905

Lot size

7,500 sq ft

Price per sq ft

$547

Year built

1985

Annual property taxes

$6,314

HOA

No

Price History

02/19/2025
Bright

Bright #MDWO2028770

Listed
$1,299,000
+86.91%
09/04/2020
Bright

Bright #MDWO115034

Sold
$695,000

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

OCEAN CITY

Middle school: 

STEPHEN DECATUR

High school: 

STEPHEN DECATUR

School district: 

WORCESTER COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$734,399
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$460,681
Cash to seller
$734,399

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

September 2020

Original loan amount

$510,400

Est. remaining balance

$460,681

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Dawn B Tribuno and Albert B Tribuno

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 11:05 PM

Listing updated: 02/20/2025 at 12:39 PM

Listed by: Matthew Bogdan, Century 21 New Horizon Phone #: (410) 723-4500

MLS: Bright #MDWO2028770

Bright logo

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