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$320,000

Beds
2
Baths
1.5
sq ft
594

12 72nd St Unit 101, Ocean City, MD 21842

12 72nd St Unit 101

OCEAN CITY, MD 21842

  • 192 days on market
This ocean block condo is ready for your immediate enjoyment, just in time for summer! This condo is the end unit on the first floor which means no stairs! There are 2BR, 1.5BA, porch off the living room, off street parking and only a very short distance to the beach. Located mid-town in OC, you are close to many restaurants, shopping, amusements and much more. This would also make a great rental property if you are looking for an investment.

Details

Property type

Condominium

Est. home value

$308,108

Lot size

Unknown

Price per sq ft

$539

Year built

1972

Annual property taxes

$2,538

HOA

No

Price History

03/21/2024
Bright

Bright #MDWO2019816

Listed
$320,000
+113.33%
10/10/2019
Bright

Bright #MDWO106458

Sold
$150,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$199,942
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$94,458
Cash to seller
$199,942

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

October 2019

Original loan amount

$105,000

Est. remaining balance

$94,458

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

John Eby and Sharon Eby

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: 09/27/2024 at 10:15 PM

Listing updated: 09/21/2024 at 3:16 AM

Listed by: Melanie Shoff, Coastal Life Realty Group LLC Phone #: (443) 552-7579

MLS: Bright #MDWO2019816

Bright logo

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