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$514,999

Beds
2
Baths
2.0
sq ft
1,280

111 100th St Unit 304, Ocean City, MD 21842

111 100th St Unit 304

OCEAN CITY, MD 21842

  • <1 day on market
    • Open house Mar 16
Professional photos coming soon! Fabulous 2B | 2BA bayfront unit in the impression Summer House building. Prime location tucked away at the end of 100th Street and a short walk or ride to the beach, Library, grocery, coffee shop, restaurants, and other attractions! Spacious open concept living flooded with natural light showcasing exceptional bay views from the double sliding doors. The oversized covered balcony featuring hurricane shutters and is an ideal backdrop to relax, entertain guests, enjoy a sunset, coffee, or cocktail! Additional updates include upgraded kitchen, new LVP and ceramic flooring, gas fireplace, fresh paint, exterior storage, a full-sized washer and dryer, and spacious master en-suite. Building amenities include secured elevator and stairwell access, two parking spaces, exterior storage locker, and an outdoor pool. Whether you are looking for a dreamy bayfront retreat or an income-producing opportunity, this unit is for you!

Details

Property type

Condominium

Est. home value

$493,966

Lot size

Unknown

Price per sq ft

$403

Year built

2004

Annual property taxes

$4,449

HOA

No

Price History

03/15/2025
Bright

Bright #MDWO2029402

Listed
$514,999
+3.21%
10/06/2023
Bright

Bright #MDWO2015622

Sold
$499,000
+13.13%
01/21/2022
Bright

Bright #MDWO2003626

Sold
$441,100
+36.14%

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

$104,922
Asking price
$514,999
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$368,877
Cash to seller
$104,922

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

October 2023

Original loan amount

$374,250

Est. remaining balance

$368,877

Interest rate

7.09%

Loan type

New Conventional, 30 year

Seller

Grover H Chamberlain Jr

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: 03/15/2025 at 11:40 AM

Listing updated: 03/15/2025 at 4:39 AM

Listed by: Katie Lowry, Coldwell Banker Realty Phone #: (443) 856-2211

MLS: Bright #MDWO2029402

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