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$394,000

Beds
1
Baths
1.0
sq ft
701

13307 Wight St Unit 101, Ocean City, MD 21842

13307 Wight St Unit 101

OCEAN CITY, MD 21842

  • 53 days on market
    • Price drop $5,000↓
Renovated oceanfront condo! Exit this sophisticated 1 bed, 1 bath condo and walk directly onto the beach. This unit features new Pergo flooring throughout, and the kitchen has been updated with all new appliances, white marble countertops, and designer cabinets. The water heater is also brand new! 13307 Wight St #101 offers convenient, stylish oceanfront living. Nothing to do but relax and enjoy watching the sunrise over the ocean on your balcony with a cup of coffee in hand!

Details

Property type

Condominium

Est. home value

$382,705

Lot size

Unknown

Price per sq ft

$563

Year built

1974

Annual property taxes

$3,400

HOA

No

Price History

11/10/2024
Bright

Bright #MDWO2025898

Price change
$394,000
-1.25%
10/04/2024
Bright

Bright #MDWO2025898

Listed
$399,000
+59.66%
11/06/2020
Bright

Bright #MDWO117342

Sold
$249,900

Schools & Community

Neighborhood: 

North 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

$262,611
Asking price
$394,000
Closing costs (~8% of asking)
-$31,520
Est. remaining loan balance
-$99,869
Cash to seller
$262,611

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

Seller’s Loan History

Lender

Tower Fcu

Loan start date

April 2022

Original loan amount

$105,000

Est. remaining balance

$99,869

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Shane Collison and Christopher Collison

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 5:00 AM

Listing updated: 11/10/2024 at 8:59 AM

Listed by: Kimberly A Lally, EXP Realty, LLC Phone #: (888) 860-7369

MLS: Bright #MDWO2025898

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