tomo logo

$510,000

Beds
2
Baths
2.0
sq ft
1,022

11 36th St Unit 103, Ocean City, MD 21842

11 36th St Unit 103

OCEAN CITY, MD 21842

  • 93 days on market
    • Price drop $10,000↓
10K PRICE ADJUSTMENT Welcome to this beautifully updated fully furnished two-bedroom, two-bath ocean-block condo! This condo is in an ideal location, just steps from the beach and close to popular bars, restaurants, and the boardwalk. With a modern open-concept design, the kitchen features quartz countertops, custom cabinetry with beverage center, and a spacious living area that opens onto a large balcony—perfect for relaxing or entertaining. The primary bedroom offers a private ensuite bath for added luxury, while the second bedroom and bath offer plenty of space for guests. Bathrooms and kitchen have been thoughtfully updated with attention to detail. Whether you're looking for a great second home or an investment, this condo offers the ideal mix of luxury, comfort, and location for a perfect beachside getaway!

Details

Property type

Condominium

Est. home value

$472,623

Lot size

Unknown

Price per sq ft

$500

Year built

1984

Annual property taxes

$3,885

HOA

No

Price History

11/13/2024
Bright

Bright #MDWO2022440

Price change
$510,000
-1.92%
10/10/2024
Bright

Bright #MDWO2022440

Listed
$520,000
+6.12%
10/27/2023
Bright

Bright #MDWO2016232

Sold
$490,000

Schools & Community

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

$105,663
Asking price
$510,000
Closing costs (~8% of asking)
-$40,800
Est. remaining loan balance
-$363,537
Cash to seller
$105,663

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

October 2023

Original loan amount

$367,500

Est. remaining balance

$363,537

Interest rate

7.12%

Loan type

New Conventional, 30 year

Seller

Keon K Nguyen and Thuy D Nguyen

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: 12/22/2024 at 4:50 PM

Listing updated: 12/11/2024 at 8:19 PM

Listed by: Andrea Geppi-Dolan, Coldwell Banker Realty Phone #: (302) 539-1777

MLS: Bright #MDWO2022440

Bright logo

Recently listed in OCEAN CITY

$1,199,000|3 bd|3.0 ba|Condo
$574,990|3 bd|3.0 ba|Townhouse

Explore top cities in Maryland