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$334,900

Beds
1
Baths
1.0
sq ft
534

12301 Jamaica Ave Unit 156N4, Ocean City, MD 21842

12301 Jamaica Ave Unit 156N4

OCEAN CITY, MD 21842

  • 66 days on market
    • Price drop $10,000↓
10K Price Reduction... Hidden Harbour rare first floor walkout with southern exposure, 1 bedroom in the N building on this quiet canal.. Recently updated with stainless steel appliances, lighting, fresh paint, vanity and wide plank laminated floors and hotwater heater. This locating is perfect for walking to the Northside park, beach, restaurants like Tequila Mockingbird, Duffy's, and the canal front pool and sundeck. This property has incredible views down the canal, an outdoor closet for beach gear and fishing rods, grass area for the family dog, and so much more...This is in a rental restricted phase, no rentals less than 30 days... Call or message me for more information and a private showing! This home is move in ready...

Details

Property type

Condominium

Est. home value

$306,353

Lot size

Unknown

Price per sq ft

$628

Year built

1989

Annual property taxes

$2,877

HOA

No

Price History

12/09/2024
Bright

Bright #MDWO2026330

Price change
$334,900
-2.9%
10/25/2024
Bright

Bright #MDWO2026330

Listed
$344,900
+101.7%
09/06/2019
Bright

Bright #MDWO102512

Sold
$171,000

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

STEPHEN DECATUR

Community features: 

Pool, Sidewalks

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

$190,700
Asking price
$334,900
Closing costs (~8% of asking)
-$26,792
Est. remaining loan balance
-$117,408
Cash to seller
$190,700

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

Seller’s Loan History

Lender

Colonial Savings Fa

Loan start date

September 2019

Original loan amount

$131,000

Est. remaining balance

$117,408

Interest rate

3.81%

Loan type

New Conventional, 30 year

Seller

Ronnie S Peden and Jennifer A Besz Peden

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: 12/22/2024 at 4:05 PM

Listing updated: 12/09/2024 at 5:14 PM

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

MLS: Bright #MDWO2026330

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