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$300,000

Beds
Unknown
Baths
1.0
sq ft
392

12305 Wight St Unit 100, Ocean City, MD 21842

12305 Wight St Unit 100

OCEAN CITY, MD 21842

  • 149 days on market
Introducing a rare direct oceanfront end unit in the highly desirable Cara Mar in north Ocean City! This unit offers an unparalleled coastal living experience, boasting breathtaking views of the dunes and the expansive ocean. This unit provides panoramic vistas that extend as far as the eye can see. The interior showcases wide plank LVP flooring, bright walls, and a tastefully updated bath. Enjoy a well-appointed kitchen with stainless steel appliances, crisp white cabinets and upgraded countertops. The living area is highlighted by a handsome Murphy bed set-up and expansive glass sliding doors leading to a private balcony where you can savor your morning coffee or evening libation while immersing yourself in the fabulous ocean view. This oceanfront gem comes fully furnished making it hassle-free for you to embrace coastal living. The building offers amenities such as an elevator, on-site laundry center, swimming pool, and an outdoor shower to rinse off the sand after a delightful day at the beach. A on-site resident manager adds to the convenience and security of the property. For added practicality, there's a sizable storage room with a private locker beneath the building for your beach gear. Future upgrades include new hurricane shutters. Ideally situated within walking distance of Northside Park, Starbucks, Tailchasers Restaurant, Grotto Pizza, and more, this location epitomizes the convenience of coastal living. With low condo fees and taxes, this property is not only a dream home but also a lucrative investment opportunity with some existing rental reservations currently in place! Don't miss this chance to own a piece of North Ocean City's coastal paradise – where location, convenience, and stunning views converge for a truly exceptional living experience.

Details

Property type

Condominium

Est. home value

$267,262

Lot size

Unknown

Price per sq ft

$766

Year built

1975

Annual property taxes

$2,605

HOA

No

Price History

05/02/2024
Bright

Bright #MDWO2020728

Listed
$300,000
+17.65%
01/11/2023
Bright

Bright #MDWO2011148

Sold
$255,000

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

OCEAN CITY

Middle school: 

STEPHEN DECATUR

High school: 

STEPHEN DECATUR

Community features: 

Pool

School district: 

WORCESTER COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Direct Mortgage Loans Llc

Loan start date

August 2023

Original loan amount

$205,150

Est. remaining balance

$202,802

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Nithin Stephen

Lender

Walter Demindenko Etux

Loan start date

January 2023

Original loan amount

$191,250

Est. remaining balance

Not provided

Interest rate

6.58%

Loan type

Purchase Money Mortgage, 30 year

Seller

Nithin Stephen

Lender

Walter Demidenko

Loan start date

January 2023

Original loan amount

$191,250

Est. remaining balance

Not provided

Interest rate

6.58%

Loan type

Purchase Money Mortgage, 1 year

Seller

Nithin Stephen

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 3:26 AM

Listed by: Tom Ruch, Northrop Realty Phone #: (302) 539-0800

MLS: Bright #MDWO2020728

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