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$1,475,000

Beds
5
Baths
3.5
sq ft
3,475

12960 E Hopetown Ln Unit A3, Ocean City, MD 21842

12960 E Hopetown Ln Unit A3

OCEAN CITY, MD 21842

  • 16 days on market
Located in the premier waterfront community of Marsh Harbour at 12960 E Hopetown Ln #A3, this immaculate 3,475 sq. ft duplex boasts stunning bayfront views in West Ocean City. Featuring 5 bedrooms and 3.5 baths, the home includes a newly updated kitchen with a spacious island, a sunlit open family room, and access to multiple decks for seamless indoor-outdoor living. Designed with high-end materials and meticulous craftsmanship, this residence exudes sophistication and comfort. Ideal for entertaining, it includes a private deeded deep-water boat slip accommodating up to a 36 ft boat with a 10k lb lift (Slip #33), offering direct inlet access without bridge delays. The oversized 2-car garage provides ample storage. A short boat ride to Assateague Island, Ocean City’s inlet, and popular dining spots like Harborside Bar & Grill and Sunset Grille, as well as the Ocean City Marlin Club this home is exceptionally located. Community amenities include a bayfront pool, clubhouse, fitness room, and beautiful landscaping with ponds and fountains. Close to renowned fishing marinas, the iconic Ocean City Boardwalk, and The White Marlin Capital Of The World, this property is the epitome of coastal luxury living with low fees and no city taxes.

Details

Property type

Duplex

Est. home value

$916,341

Lot size

Unknown

Price per sq ft

$425

Year built

2002

Annual property taxes

$5,559

HOA

No

Price History

11/06/2024
Bright

Bright #MDWO2026748

Listed
$1,475,000
+1.72%
11/03/2024
Bright

Bright #MDWO2026008

Removed
$1,450,000
10/04/2024
Bright

Bright #MDWO2026008

Listed
$1,450,000
+13.37%

Schools & Community

Neighborhood: 

West 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

$1,043,383
Asking price
$1,475,000
Closing costs (~8% of asking)
-$118,000
Est. remaining loan balance
-$313,617
Cash to seller
$1,043,383

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

May 2020

Original loan amount

$420,120

Est. remaining balance

$313,617

Interest rate

3.06%

Loan type

New Conventional, 15 year

Seller

Stephen Jack Scaccetti and Dawn Marie Scaccetti

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: 11/22/2024 at 5:10 AM

Listing updated: 11/11/2024 at 5:09 PM

Listed by: Mechelle Nichols, Berkshire Hathaway HomeServices PenFed Realty Phone #: (410) 524-7000

MLS: Bright #MDWO2026748

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