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$349,900

Beds
2
Baths
2.0
sq ft
1,056

120 53rd St Unit I301, Ocean City, MD 21842

120 53rd St Unit I301

OCEAN CITY, MD 21842

  • 82 days on market
Prime Waterfront Location with the Best views in Midtown OC. Let your new home or vacation oasis be this beautiful 2 bedroom 2 bathroom condo that is fully furnished and move in ready. Enjoy watching the panoramic views of the bay with amazing sunsets from this 3rd floor unit. Walk to your assigned boat slip #33 with tax id 10734711 to jump on your boat or jet skis for a day on the water. Then off to some of the best restaurants and nightlife locations Ocean City has to offer such was Mackys, Fagers Island, and Seacrets. Schedule your private showing today and start enjoying the beach life in this stunning unit..

Details

Property type

Condominium

Est. home value

$370,972

Lot size

Unknown

Price per sq ft

$332

Year built

1982

Annual property taxes

$2,808

HOA

No

Price History

07/11/2024
Bright

Bright #MDWO2021944

Listed
$349,900
+9%
12/17/2021
Bright

Bright #MDWO2000275

Sold
$321,000
+85.6%
05/27/2016
Bright

Bright #1000521522

Sold
$172,950

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

$49,666
Asking price
$349,900
Closing costs (~8% of asking)
-$27,992
Est. remaining loan balance
-$272,242
Cash to seller
$49,666

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

December 2021

Original loan amount

$288,900

Est. remaining balance

$272,242

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Vincent George Francabandera Jr and Joanna Ty To

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 8:30 PM

Listing updated: 09/21/2024 at 3:26 AM

Listed by: Vicki L. Miller, Sheppard Realty Inc (I) Phone #: (410) 213-1265

MLS: Bright #MDWO2021944

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