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$599,900

Beds
3
Baths
2.0
sq ft
1,296

132 Nautical Ln, Ocean City, MD 21842

132 Nautical Ln

OCEAN CITY, MD 21842

  • 1 day on market
NEW CONSTRUCTION! This custom built home is located in the Montego Bay community in North Ocean City Maryland and is situated approx. 3/4 of a mile from Ocean City's beautiful 10-mile long public beach. It is also within walking distance to the busline, the Montego Bay Shopping Center, many restaurants & bars and the beautiful 58-acre Northside Park. The home features a 10' x 20' front porch with a cement floor & cathedral ceilings, a great room floorplan with the living room, dining room and kitchen in one area, cathedral ceilings-both in the great room & master bedroom, granite countertops, a kitchen island with a granite top, stainless steel high-end appliances, ceramic subway tile backsplash, soft close kitchen cabinets, a laundry room with a full size side by side high-end washer & dryer and a laundry tub, a master bath featuring a walk-in shower with floor to ceiling tile shower walls, ceramic tile shower walls in the guest bath, a sprinkler system, crown & baseboard moldings, luxury vinyl plank flooring throughout, 2 x 6 wall construction, 4 ceiling fans with lights, a floored attic, a bump out in the living room for a future gas fireplace, a window seat in the dining room and extra large windows along with two patio doors in the living area providing an abundance of natural light. The outside features a landscaped lot-with no grass to cut, a large cement patio, a 5' x 10' custom-built storage shed with high ceilings & a painted drywall interior and a new 2-car cement parking pad. The community features 3 pools, including a kiddie pool for the little ones, 2 tennis courts, a pickleball court, a 9-hole miniature golf course, a shuffleboard court, a bayfront boardwalk with 3 fishing piers, a canalfront fishing & crabbing area, an 8-acre wildlife sanctuary/pond with a 1/2 mile paved walking path, a 5-acre open park and street lighting with a lamppost at every residence. Additional amenities include city streets & sidewalks, city water & sewer and city trash collection. The HOA fees are just $396 a year! Taxes are approximate.

Details

Property type

Single Family Residence

Est. home value

$222,670

Property condition

New Construction

Lot size

3,600 sq ft

Price per sq ft

$463

Year built

2024

Annual property taxes

$5,300

Monthly HOA fee

$33

Price History

01/29/2025
Bright

Bright #MDWO2028148

Listed
$599,900
+257.08%
05/24/2021
Bright

Bright #MDWO122238

Sold
$168,000

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

OCEAN CITY

Middle school: 

STEPHEN DECATUR

High school: 

STEPHEN DECATUR

Community features: 

Pool

School district: 

WORCESTER COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Michael E Grimes

Loan start date

May 2021

Original loan amount

$148,000

Est. remaining balance

Not provided

Interest rate

3.13%

Loan type

Purchase Money Mortgage

Seller

Ronald M Alimo

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: 01/30/2025 at 12:25 PM

Listing updated: 01/30/2025 at 9:49 AM

Listed by: Mike Grimes, Montego Bay Realty Phone #: (410) 250-3020

MLS: Bright #MDWO2028148

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