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$839,900

Beds
3
Baths
2.0
sq ft
1,760

12623 Sheffield Rd, Ocean City, MD 21842

12623 Sheffield Rd

OCEAN CITY, MD 21842

  • 118 days on market
    • Price drop $10,000↓
WHAT A FANTANTIC BAY VIEW ! 3 Bedroom 2 bath home with garage. Located in West Ocean City. Mulitple boat slips with direct bay access. updated bulkheading. large 2nd floor balcony. garage under home and seperate garage on side of the home/ buyer must install garage door on this stucture and use for garage. (NEW photos to be added next week )

Details

Property type

Single Family Residence

Est. home value

$837,542

Lot size

0.26 acres

Price per sq ft

$478

Year built

1995

Annual property taxes

$5,770

HOA

No

Price History

08/17/2024
Bright

Bright #MDWO2022242

Price change
$839,900
-1.18%
07/19/2024
Bright

Bright #MDWO2022242

Listed
$849,900
+1.18%
01/21/2024
BrightMLS

BrightMLS #MDWO2015736

Removed
$840,000

Schools & Community

Neighborhood: 

West Ocean City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$496,229
Asking price
$839,900
Closing costs (~8% of asking)
-$67,192
Est. remaining loan balance
-$276,479
Cash to seller
$496,229

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

November 2021

Original loan amount

$295,000

Est. remaining balance

$276,479

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Sandra Kay Fritz

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: 11/14/2024 at 4:50 PM

Listing updated: 11/06/2024 at 2:26 PM

Listed by: Jamie Caine, Coldwell Banker Realty Phone #: (443) 856-2211

MLS: Bright #MDWO2022242

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