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$409,900

Beds
2
Baths
2.0
sq ft
1,104

106 120th St Unit 403, Ocean City, MD 21842

106 120th St Unit 403

OCEAN CITY, MD 21842

  • 231 days on market
    • Price drop $5,100↓
Marvelous Waterfront Condo at The Quarters at Marlin Cove!! Welcome to this charming 2-bedroom, 2-bathroom penthouse condo in North Ocean City, where breathtaking water views meet modern beach-chic living. Perched on the top floor with soaring ceilings, this fully furnished unit offers unobstructed views of the serene Assawoman Bay. Step out onto your private balcony, soak in the refreshing coastal breeze, or unwind by the community pool. For the boating enthusiast, there's the option to rent a boat slip annually, allowing you to cruise and dock just steps from your front door. Plus, with the Atlantic Ocean just two blocks away, your days can be filled with endless water activities. Take advantage of nearby attractions like chartering a boat from Talbot Street Pier or strolling the famous Boardwalk, filled with charming shops, galleries, and arcades. Frontier Town, with its family-friendly entertainment, is a quick four-mile drive, while Viking Golf and Thunder Lagoon Waterpark, only two miles away, promises fun for all ages. Whether you're seeking a peaceful retreat, an adventure-filled getaway, or a smart investment, this Ocean City condo offers it all. Unit 403 is your gateway to the dream lifestyle you've been waiting for!!

Details

Property type

Condominium

Est. home value

$401,065

Lot size

Unknown

Price per sq ft

$372

Year built

1987

Annual property taxes

$3,501

HOA

No

Price History

10/28/2024
Bright

Bright #MDWO2020056

Price change
$409,900
-1.23%
09/11/2024
Bright

Bright #MDWO2020056

Listed
$415,000
09/01/2024
Bright

Bright #MDWO2020056

Removed
$415,000

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

$337,867
Asking price
$409,900
Closing costs (~8% of asking)
-$32,792
Est. remaining loan balance
-$39,241
Cash to seller
$337,867

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

February 2013

Original loan amount

$156,000

Est. remaining balance

$39,241

Interest rate

2.65%

Loan type

New Conventional, 15 year

Seller

James Holmes and Jennifer Leo

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 12:15 PM

Listing updated: 11/18/2024 at 4:19 PM

Listed by: Stephen W Nichols, Dehanas Real Estate Services Phone #: (301) 870-1717

MLS: Bright #MDWO2020056

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