tomo logo

$350,000

Beds
2
Baths
2.0
sq ft
974

119 Old Landing Rd Unit 301H, Ocean City, MD 21842

119 Old Landing Rd Unit 301H

OCEAN CITY, MD 21842

  • 102 days on market
Welcome to your dream retreat in the heart of Ocean city, MD. This beautifully appointed 2-bedroom, 2-bathroom on Old Landing Road offers the perfect blend of comfort, convenience, and coastal charm. Step inside to discover a fully furnished interior that makes living here effortless. The spacious open floor plan is perfect for entertaining, and relaxing after a day at the beach. Enjoy your morning coffee, or evening coctails on the inviting screened in porch. Located just a block from the stunning beach, youll have easy access to sun, sand, and surf. Take advantage of the largest pool in Ocean City, perfect for those warm summer days. Additionally, this prime location puts you within walking distance of an array of fantastic restaurants, lively bars, unique shops, and a public library. Whether you're looking for a permanent residence, a vacation get away, or an investment property, this condo checks all of the boxes. Don't miss the chance to own a slice of paradise in Ocean City.

Details

Property type

Condominium

Est. home value

$357,938

Lot size

Unknown

Price per sq ft

$360

Year built

1983

Annual property taxes

$2,931

Monthly HOA fee

$365

Price History

08/12/2024
Bright

Bright #MDWO2022438

Listed
$350,000
+9.38%
05/26/2022
Bright

Bright #MDWO2006760

Sold
$320,000

Schools & Community

Neighborhood: 

North Ocean City

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

$29,789
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$292,211
Cash to seller
$29,789

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

Seller’s Loan History

Lender

Nationwide Mortgage Bankers Inc

Loan start date

May 2022

Original loan amount

$304,000

Est. remaining balance

$292,211

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Millagros Comes

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 5:40 AM

Listing updated: 09/24/2024 at 12:17 AM

Listed by: Kristy Harrison, ExecuHome Realty Phone #: (443) 632-3000

MLS: Bright #MDWO2022438

Bright logo