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$799,000

Beds
5
Baths
4.0
sq ft
2,190

12924 Swordfish Dr, Ocean City, MD 21842

12924 Swordfish Dr

OCEAN CITY, MD 21842

  • 12 days on market
Stunning 5-Bedroom, 4-Bathroom Home in West Ocean City, MD – A Perfect Blend of Modern Comfort and Prime Location. Nestled in the heart of desirable West Ocean City, Maryland, this lovely 5-bedroom, 4-bathroom home offers the perfect blend of style, space, and convenience. Located just a short stroll from the area's vibrant array of restaurants, shops, and entertainment options, this residence places you in the heart of the action while maintaining a peaceful, private setting. Completely renovated in 2023, this beach escape boasts both modern luxury and functional design. Featuring two beautiful kitchens equipped with sleek stainless-steel appliances, and stunning quartz countertops, this home is a true delight. The open-concept layout is perfect for both everyday living and entertaining, with each kitchen offering space and convenience for social gatherings. The home's four updated bathrooms are designed with sophistication in mind, showcasing high-end finishes, modern fixtures, and stylish touches throughout. Durable luxury vinyl plank (LVP) flooring extends throughout the home, ensuring a beautiful yet practical living environment. Recessed lighting throughout the property enhances the contemporary aesthetic, creating a bright and inviting atmosphere in every room. Step outside onto the deck off the upper-level living space, an ideal spot for relaxing, dining al fresco, or enjoying the fresh coastal air. Whether you're hosting friends or enjoying quiet moments, this outdoor area offers the perfect retreat. In addition to the main residence, the property features a versatile accessory structure in the rear yard. This fully equipped building offers electricity, heating and cooling, and roughed-in plumbing, making it an excellent candidate for conversion into a guest house, clubhouse, rental, or home office. With its generous space and endless possibilities, this additional structure provides unmatched potential for those looking to add personalized living areas or recreational spaces to the property. This home offers an incredible opportunity to live in one of West Ocean City's most sought-after locations, with a move-in-ready, thoughtfully designed space that caters to modern living. Furthermore, this property can produce significant rental income, if the new owner chooses to go that route. 2024 rental numbers are available upon request. Whether you're looking for a full-time residence or a vacation getaway, this property is sure to impress.

Details

Property type

Single Family Residence

Est. home value

$305,660

Lot size

5,000 sq ft

Price per sq ft

$365

Year built

1970

Annual property taxes

$4,054

HOA

No

Price History

12/10/2024
Bright

Bright #MDWO2027334

Listed
$799,000
+181.34%
02/24/2022
Bright

Bright #MDWO2002016

Sold
$284,000
+13.65%
05/28/2021
Bright

Bright #MDWO120402

Sold
$249,900
+38.83%

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

$239,078
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$496,002
Cash to seller
$239,078

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

Seller’s Loan History

Lender

Direct Mortgage Loans Llc

Loan start date

December 2023

Original loan amount

$500,500

Est. remaining balance

$496,002

Interest rate

7.63%

Loan type

New Conventional, 30 year

Seller

Loj Home Remodeling Llc

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: 12/22/2024 at 4:15 PM

Listing updated: 12/10/2024 at 4:44 PM

Listed by: Kevin B White, RE/MAX Distinctive Phone #: (202) 800-3200

MLS: Bright #MDWO2027334

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