tomo logo

$399,999

Beds
4
Baths
3.5
sq ft
2,380

10351 Walthan Rd, Ocean City, MD 21842

10351 Walthan Rd

OCEAN CITY, MD 21842

  • 161 days on market
    • Price drop $15,001↓
MOTIVATED SELLER SAYS ITS TIME TO GO! 4 Bedroom Home in West Ocean City! Welcome to your dream home in the serene Cape Isle of Wight neighborhood, where you can enjoy coastal living without the hassle of HOA fees. This is a 4 bedroom, 3.5 bath residence, completed in 2017, is a perfect blend of comfort and convenience, situated just outside of Ocean City and just down the street from Ocean City Elementary School. Step inside to find a modern interior with stainless steel appliances, distressed flooring, and soft close cabinets. The home features two master suites, providing privacy and luxury. Two family rooms offer flexible living spaces to relax and entertain. Outside, the property includes a detached garage behind the home, accesibile from the driveway. Ample off-street parking makes hosting guests a breeze, with extra space for a boat or kayaks. Plus, with a boat ramp just steps away, adventures awaits. This home is priced with awareness of its condition; it is being sold as-is, including known foundation issues. An engineering report is available for review, and we advise potential buyers to conduct inspections. Whether you’re looking for a family home or a vacation getaway, this property promises to be a place where memories are made.

Details

Property type

Single Family Residence

Est. home value

$614,396

Lot size

0.34 acres

Price per sq ft

$169

Year built

2016

Annual property taxes

$4,490

HOA

No

Price History

09/20/2024
Bright

Bright #MDWO2020450

Removed
$399,999
08/14/2024
Bright

Bright #MDWO2020450

Listed
$399,999
07/30/2024
Bright

Bright #MDWO2020450

Price change
$399,999
-3.61%

Schools & Community

Neighborhood: 

West 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

-$7,974
Asking price
$399,999
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$375,973
Cash to seller
-$7,974

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

Seller’s Loan History

Lender

Bay Capital Mortgage Corp

Loan start date

May 2021

Original loan amount

$403,750

Est. remaining balance

$375,973

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Lindsey Cristen Gemmill

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: 09/27/2024 at 6:35 PM

Listing updated: 09/25/2024 at 1:51 PM

Listed by: Ross Kendall, Resort Real Estate Inc Phone #: (410) 524-0295

MLS: Bright #MDWO2020450

Bright logo

Recently listed in OCEAN CITY