tomo logo

$859,000

Beds
4
Baths
3.0
sq ft
3,000

10434 New Quay Rd, Ocean City, MD 21842

10434 New Quay Rd

OCEAN CITY, MD 21842

  • 22 days on market
*SELLERS MOTIVATED* Stunning waterfront single-family home in the sought after community of Cape Isle of Wight, with no HOA fees! Featuring 4 spacious bedrooms and 3 full bathrooms, the home boasts beautiful cathedral ceilings and an open floor plan, creating a bright and airy living space. Brand new flooring throughout. Enjoy year-round relaxation in the 4-seasons room or the separate sun room with a cozy fireplace. The property is a water lover’s dream, complete with a private boat dock and lift, ideal for boating, fishing, or kayaking. The upstairs private suite includes a kitchenette and sitting room, offering a serene retreat. Walk or bike around the corner to a private community beach and enjoy the sunset. Plus, you're just minutes away from the vibrant beaches of Ocean City and the natural beauty of Assateague Island.

Details

Property type

Single Family Residence

Est. home value

$738,410

Lot size

6,912 sq ft

Price per sq ft

$287

Year built

2000

Annual property taxes

$8,626

HOA

No

Price History

02/08/2025
Bright

Bright #MDWO2028312

Listed
$859,000
+17.67%
10/13/2023
Bright

Bright #MDWO2015062

Sold
$730,000

Schools & Community

Neighborhood: 

West Ocean City

Elementary school: 

OCEAN CITY

Middle school: 

BERLIN INTERMEDIATE SCHOOL

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

$321,509
Asking price
$859,000
Closing costs (~8% of asking)
-$68,720
Est. remaining loan balance
-$468,771
Cash to seller
$321,509

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2023

Original loan amount

$475,000

Est. remaining balance

$468,771

Interest rate

7.23%

Loan type

VA, 30 year

Seller

Charles Robert Gill

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 11:25 PM

Listing updated: 02/15/2025 at 9:04 PM

Listed by: Maddie Holloway, Coldwell Banker Realty Phone #: (443) 856-2211

MLS: Bright #MDWO2028312

Bright logo

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