tomo logo

$260,000

Beds
4
Baths
2.0
sq ft
1,812

1010 Cedar St, Pocomoke City, MD 21851

1010 Cedar St

POCOMOKE CITY, MD 21851

  • 6 days on market
📍 1010 Cedar Street, Pocomoke City, MD 21851 ✨ Meticulously Maintained 4-Bedroom, 2-Bath Cape Cod ✨ Get ready to fall in love with this charming home, which combines timeless character with modern updates. Offering 1,812 sq. ft. of beautifully designed living space, this is a must-see property! 🏡 Key Features Include: -Spacious Living: Gleaming hardwood and heart of pine wood floors throughout. -Updated Elegance: Crown molding, chair rail, and freshly painted interiors for a polished look. -Cozy Family Room: Features tiled floors for those relaxing evenings. -Oversized 2-Car Garage & Workshop: Perfect for projects, storage, or hobbies. -Outdoor Living: Enjoy a private backyard with a rear deck and vinyl fencing great for entertaining or relaxing. -Comfort Upgrades: Updated bathrooms with tile floors, heat pump with central air on the main floor, and portable A/C units for upstairs bedrooms. 📍 Prime Location: Just moments from the scenic Pocomoke River, where you can enjoy boating, fishing, or dining at the Riverfront restaurant while taking in stunning sunsets! Conveniently located near Chincoteague, Ocean City, and NASA Wallops Flight Facility. 💡 Why rent when you can own this affordable and stunning home? Stay tuned for more details and professional photos coming soon! Your dream home is almost here don't miss this opportunity! 🏡✨

Details

Property type

Single Family Residence

Est. home value

$238,105

Lot size

9,000 sq ft

Price per sq ft

$144

Year built

1954

Annual property taxes

$3,821

HOA

No

Price History

02/28/2025
Bright

Bright #MDWO2028608

Listed
$260,000
+67.74%
08/07/2019
Bright

Bright #MDWO106418

Sold
$155,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

POCOMOKE

High school: 

POCOMOKE

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

$88,611
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$150,589
Cash to seller
$88,611

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

July 2020

Original loan amount

$167,100

Est. remaining balance

$150,589

Interest rate

3.28%

Loan type

New Conventional, 30 year

Seller

Charles W Mcdorman Iii and Jennifer L Mcdorman

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: 03/03/2025 at 11:20 PM

Listing updated: 03/01/2025 at 5:24 PM

Listed by: Dale C Hunter, Jr., Bayside Realty Phone #: (443) 829-5828

MLS: Bright #MDWO2028608

Bright logo

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