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$459,900

Beds
3
Baths
2.0
sq ft
1,634

12415 W Torquay Rd, Ocean City, MD 21842

12415 W Torquay Rd

OCEAN CITY, MD 21842

  • 104 days on market
    • Price drop $10,000↓
Located in West Ocean City in Cape Isle of Wight is where you will find this move-in ready home. This home offers 3 bedrooms, 2 bathrooms, living room with built-ins & fireplace, Open concept-dining & kitchen areas. There’s even an office with separate entry. All new in 2023: roof, siding, soffits, gutters, windows, hvac, luxury vinyl plank flooring, kitchen cabinets, granite counters, SS appliances, recessed lighting, bathrooms, sundeck, driveway, landscaping and the list goes on…like a new well pump & bladder, French drain with 2 sump pumps, vapor barrier, plumbing, water treatment system, etc. Conveniently located close to shopping, restaurants, entertainment not to mention the Sand & Surf of Ocean City Beaches and Assateague Island Park. No HOA or City Tax. This is a Fannie Mae HomePath Property.

Details

Property type

Single Family Residence

Est. home value

$465,967

Lot size

0.25 acres

Price per sq ft

$282

Year built

1987

Annual property taxes

$2,566

HOA

No

Price History

03/14/2024

Bright #MDWO2019694

Listed
$459,900
-8%
03/08/2024
BrightMLS

BrightMLS #MDWO2018422

Removed
$499,900
02/07/2024
BrightMLS

BrightMLS #MDWO2018422

Listed
$499,900

Schools & Community

Neighborhood: 

West Ocean City

Elementary school: 

OCEAN CITY

Middle school: 

STEPHEN DECATUR

High school: 

STEPHEN DECATUR

School district: 

WORCESTER COUNTY PUBLIC SCHOOLS

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

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

$288,044
Asking price
$459,900
Closing costs (~8% of asking)
-$36,792
Est. remaining loan balance
-$135,064
Cash to seller
$288,044

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

Seller’s Loan History

Lender

Aegis Wholesale Corp

Loan start date

February 2007

Original loan amount

$210,000

Est. remaining balance

$135,064

Interest rate

6.18%

Loan type

Not Provided, 30 year

Seller

Samer Ramadan

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: 06/26/2024 at 2:40 PM

Listing updated: 06/25/2024 at 12:54 PM

Listed by: LaVon Adkins, ERA Martin Associates Phone #: (410) 749-1818

MLS: Bright #MDWO2019694

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