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$279,846Estimated home value

Beds
Unknown
Baths
1.0
sq ft
392

12305 Wight St Unit 310, Ocean City, MD 21842

12305 Wight St Unit 310

OCEAN CITY, MD 21842

  • Sold On 6/20/2019
    • Price drop $3,400↓
DIRECT OCEAN FRONT OPPORTUNITY with impressive views in a highly desirable North Ocean City! This unit offers a fully renovated bathroom, renovated kitchen with granite countertops, glass tile backsplash. appliances, highend Advantium microwave/conventional oven and portable cooktop for easy cooking. Murphy bed is very easy to set up, can be lifted with one finger and a sofa allowing to sleep up to four. Custom built-in closet with ample storage. Spacious balcony overlooks the dunes and the ocean. Condo was never rented and kept in excellent condition throughout the years.Hurricane shutters, on demand hot water heater, central A/C and 2 ceiling fans, and a large storage room underneath the building for all of your beach supplies. Convenient on site laundry room. Building features include newer elevator, newer stairs, swimming pool and 24/7 on site resident manager. Rare low condo fees and taxes. Strong condo association and friendly neighbors. Walking distance to Northside Park, shopping and dining! As a bonus, enjoy unobstructed fireworks views from the bay side of the building.

Details

Property type

Condominium

Est. home value

$279,846

Lot size

Unknown

Price per sq ft

$451

Year built

1975

Annual property taxes

$2,233

HOA

No

Price History

04/01/2025
Bright

Bright #MDWO2017992

Removed
$274,900
08/08/2024
Bright

Bright #MDWO2017992

Price change
$274,900
-0.04%
05/05/2024
Bright

Bright #MDWO2017992

Listed
$275,000
+57.14%

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

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

$21,854
Asking price
$176,500
Closing costs (~8% of asking)
-$14,120
Est. remaining loan balance
-$140,526
Cash to seller
$21,854

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

Seller’s Loan History

Lender

Nations Lending Corp

Loan start date

December 2020

Original loan amount

$160,600

Est. remaining balance

$140,526

Interest rate

2.78%

Loan type

New Conventional, 25 year

Seller

Peter Todd Scioli

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: Off Market

Tomo last checked: 04/02/2025 at 1:30 AM

Listing updated: 01/13/2024 at 3:38 PM

Listed by: William Bjorkland, Coldwell Banker Realty Phone #: (302) 539-1777

MLS: Bright #MDWO104012

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