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$350,000

Beds
2
Baths
2.0
sq ft
720

134 Captains Quarters Rd Unit 5, Ocean City, MD 21842

134 Captains Quarters Rd Unit 5

OCEAN CITY, MD 21842

  • 72 days on market
    • Price drop $15,000↓
Welcome to your waterfront oasis in the highly sought-after Carefree Bay! This 2-bedroom, 2-bath condo is perfect for water enthusiasts—bring your boat, personal watercraft, or other fun water toys! Enjoy stunning water views through double sliding doors that open from both the living room and the primary bedroom. Step outside to your patio, leading directly to your exclusive boat dock, making it easy to embrace the outdoor lifestyle. This first-floor unit offers convenient access and has been thoughtfully updated with fresh paint, new flooring, ceiling fans, and a modern HVAC system. Located just moments away from both casual and fine dining, as well as all the exciting activities Ocean City has to offer, this property is the perfect blend of enjoyment and investment potential. Don’t miss out on this incredible opportunity—schedule your showing today!

Details

Property type

Condominium

Est. home value

$348,998

Lot size

Unknown

Price per sq ft

$487

Year built

1971

Annual property taxes

$2,784

HOA

No

Price History

11/21/2024
Bright

Bright #MDWO2026128

Price change
$350,000
-4.11%
10/11/2024
Bright

Bright #MDWO2026128

Listed
$365,000
+8.96%
07/01/2022
Bright

Bright #MDWO2004174

Sold
$335,000

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$80,376
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$241,624
Cash to seller
$80,376

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

Seller’s Loan History

Lender

Swbc Mortgage Corp

Loan start date

June 2022

Original loan amount

$251,250

Est. remaining balance

$241,624

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Mark Oleary and Melanie Oleary

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: 11/21/2024 at 1:04 PM

Listed by: ASHLEY BROSNAHAN, Long & Foster Real Estate, Inc. Phone #: (302) 539-9040

MLS: Bright #MDWO2026128

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