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$389,000

Beds
3
Baths
2.0
sq ft
1,176

1168 Ocean Pkwy, Berlin, MD 21811

1168 Ocean Pkwy

OCEAN PINES, MD 21811

  • Coming soon
Professional photos & detailed remarks coming soon!

Details

Property type

Single Family Residence

Est. home value

$332,899

Lot size

0.26 acres

Price per sq ft

$331

Year built

1985

Annual property taxes

$2,079

Monthly HOA fee

$83

Price History

02/23/2022

Bright #MDWO2004558

Sold
$274,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$122,341
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$235,539
Cash to seller
$122,341

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

Seller’s Loan History

Lender

Nations Lending Corp

Loan start date

February 2022

Original loan amount

$247,410

Est. remaining balance

$235,539

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Michael S Taylor

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: Coming Soon

Tomo last checked: 07/01/2024 at 10:45 AM

Listing updated: 06/28/2024 at 11:34 AM

Listed by: Marc Alexander Miller, VYBE Realty Phone #: (410) 220-4648

MLS: Bright #MDWO2021754

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