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$274,900

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

  • 375 days on market
    • Price drop $100↓
SELLER NOW OFFERING $12,500 CREDIT TOWARDS UPCOMING ASSESSMENT. Also recently reduced! Owner occupied but easy to show.**** Take advantage of this prime, Direct Oceanfront opportunity showcasing breathtaking views in the highly sought-after North Ocean City! This southern exposure, end-unit property is complete with an updated bathroom and kitchen, new luxury vinyl plank flooring, beautiful granite countertops, a glass tile backsplash, stainless steel appliances, a portable cooktop, Ninja Air Fryer and a high-end Advantium microwave/conventional oven for your effortless culinary endeavors. The Murphy bed and sofa comfortably accommodate up to four, while a custom-built closet provides ample storage. Enjoy the spacious balcony that offers panoramic views of the dunes and the ocean. Keep an eye out for the saltwater foxes that travel the dunes, adding a touch of coastal wildlife charm to your surroundings. This condo features brand new hurricane shutters, an on-demand hot water heater, central A/C, two new ceiling fans, and a sizable storage room beneath the building for all your beach essentials. Being sold furnished with minor exclusions. The building is further highlighted by an elevator, swimming pool, an outdoor shower to rinse off the sand after a fabulous beach day, and a 24/7 on-site resident manager. Enjoy the rarity of low condo fees and taxes. Additionally, there's a convenient on-site laundry room. Ideally located within walking distance of Northside Park, Starbucks, Tailchasers Restaurant, Grotto Pizza, and so much more! As a delightful bonus, savor unobstructed views of fireworks from the bay side of the building. This is a unique opportunity to experience coastal living at its finest. Don’t wait, book your showing appointment today!

Details

Property type

Condominium

Est. home value

$279,846

Lot size

Unknown

Price per sq ft

$702

Year built

1975

Annual property taxes

$2,605

HOA

No

Price History

08/08/2024
Bright

Bright #MDWO2017992

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

Bright #MDWO2017992

Listed
$275,000
+57.14%
06/20/2019
Bright

Bright #MDWO104012

Sold
$175,000

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

OCEAN CITY

Middle school: 

STEPHEN DECATUR

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

$111,135
Asking price
$274,900
Closing costs (~8% of asking)
-$21,992
Est. remaining loan balance
-$141,773
Cash to seller
$111,135

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

$141,773

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: Active

Tomo last checked: 12/23/2024 at 10:25 AM

Listing updated: 09/30/2024 at 7:46 PM

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

MLS: Bright #MDWO2017992

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