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$450,000

Beds
2
Baths
2.0
sq ft
1,042

103 125th St Unit 30300, Ocean City, MD 21842

103 125th St Unit 30300

OCEAN CITY, MD 21842

  • 72 days on market
303 Lorelei is a Spacious and Beautiful 2 bedroom 2 bath condo in a prime North Ocean City location with a large private Balcony, overlooking Northside Park and the Assawoman Bay. Nicely re-decorated for comfort and style.  The condo Features an open concept living space with ceramic tile floors throughout, a gas fireplace, full size washer/dryer, fully furnished & much more.  There is an outdoor pool, elevator & a private ground level storage locker for your beach gear. Located right in the heart of North Ocean City, just off of 125th street and a short stroll to the Beach & numerous restaurants and cafes.  Don't forget Its across from Northside Park where every Sunday in Season there are free concerts & fireworks shows.  Northside Park also has year round sporting events, The Winterfest of Lights Show, miles of bike and walking paths and a public fishing pier.  Make your appointment today to see this Beautiful Property.

Details

Property type

Condominium

Est. home value

$425,977

Lot size

Unknown

Price per sq ft

$432

Year built

2003

Annual property taxes

$3,849

HOA

No

Price History

08/28/2024
Bright

Bright #MDWO2022988

Listed
$450,000
+12.5%
04/20/2022
Bright

Bright #MDWO2006580

Sold
$400,000

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

OCEAN CITY

Middle school: 

STEPHEN DECATUR

High school: 

STEPHEN DECATUR

Community features: 

Pool

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

$90,053
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$323,947
Cash to seller
$90,053

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

April 2022

Original loan amount

$340,000

Est. remaining balance

$323,947

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Jeffrey D Ankers and Kirsten G Ankers

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: 11/08/2024 at 1:35 PM

Listing updated: 10/12/2024 at 12:06 PM

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

MLS: Bright #MDWO2022988

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