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$659,899

Beds
3
Baths
2.0
sq ft
1,300

102 25th St Unit 302, Ocean City, MD 21842

102 25th St Unit 302

OCEAN CITY, MD 21842

  • 80 days on market
    • Price drop $10,000↓
Stunning 3-Bedroom, 2-Bathroom Oceanfront Condo. Discover this beautiful 3-bedroom, 2-bathroom condo offering breathtaking panoramic views of both the ocean and bay. Located just a half-block from Ocean City’s iconic boardwalk and beach, this property is ideal for your beach getaway. Enjoy sun-filled days on the expansive southern exposure wrap-around deck, where you can gaze at the scenic ocean and bay views. The condo is designed to maximize natural light, with multiple access points to the balcony, making indoor-outdoor living a breeze. The upgraded kitchen features elegant quartz countertops, a breakfast bar, built-in microwave, stove, dishwasher, pantry, and stylish tiled floors. The open-concept living room includes a cozy fireplace, recessed lighting, a ceiling fan, and stunning ocean views. The master bedroom is a retreat of its own, complete with an en-suite bath, walk-in closet, and private access to the wrap-around balcony. Throughout the condo, you'll find custom blinds and crown molding, adding a touch of sophistication. This one is a must see being offered fully furnished. The Mahalo building offers fantastic amenities, including a pool, elevator, converted parking, and private storage rooms. Plus, you'll be conveniently close to restaurants, entertainment, the boardwalk, public transportation, and amusements. Don’t miss out on the chance to own this exceptional beach home—schedule your viewing today!

Details

Property type

Condominium

Est. home value

$600,298

Lot size

Unknown

Price per sq ft

$508

Year built

2005

Annual property taxes

$4,882

HOA

No

Price History

10/15/2024
Bright

Bright #MDWO2022896

Price change
$659,899
-1.49%
09/23/2024
Bright

Bright #MDWO2022896

Price change
$669,899
09/08/2024
Bright

Bright #MDWO2022896

Listed
$669,900
+7.18%

Schools & Community

Neighborhood: 

Boardwalk/Inlet

Elementary school: 

OCEAN CITY

Middle school: 

STEPHEN DECATUR

High school: 

STEPHEN DECATUR

Community features: 

Pool, Street Lights

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

$144,053
Asking price
$659,899
Closing costs (~8% of asking)
-$52,792
Est. remaining loan balance
-$463,054
Cash to seller
$144,053

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

Seller’s Loan History

Lender

Shore United Bank Na

Loan start date

September 2023

Original loan amount

$468,750

Est. remaining balance

$463,054

Interest rate

6.9%

Loan type

New Conventional, 30 year

Seller

Mark William Heyler and Andrea Marie Heyler

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: 11/22/2024 at 4:50 AM

Listing updated: 10/15/2024 at 2:39 PM

Listed by: Carol Proctor, Berkshire Hathaway HomeServices PenFed Realty Phone #: (410) 524-7000

MLS: Bright #MDWO2022896

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