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$304,900

Beds
1
Baths
2.0
sq ft
675

14 144th St Unit 302, Ocean City, MD 21842

14 144th St Unit 302

OCEAN CITY, MD 21842

  • 74 days on market
    • Price drop $5,000↓
Awesome 1 bedroom 2 full bath ocean block condo with great views of the ocean from the front deck space. This spacious condo has been well loved, enjoyed, and maintained by it’s current owners Upgrades include new carpet, washer/dryer, king sized bed, queen memory foam Murphy bed, toilets, bathroom ceilings, wall HVAC unit in bedroom, and fresh paint. Self managed with low condo fees of only $150/month. Reserve study completed, building has many recent improvements including roof, painting, and decks sealed. Make this your beach getaway!!

Details

Property type

Condominium

Est. home value

$280,281

Lot size

Unknown

Price per sq ft

$452

Year built

1982

Annual property taxes

$2,213

HOA

No

Price History

09/30/2024
Bright

Bright #MDWO2023096

Price change
$304,900
-1.61%
09/05/2024
Bright

Bright #MDWO2023096

Listed
$309,900
+31.87%
09/09/2021
Bright

Bright #MDWO2000482

Sold
$235,000
+4.44%

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

$113,232
Asking price
$304,900
Closing costs (~8% of asking)
-$24,392
Est. remaining loan balance
-$167,276
Cash to seller
$113,232

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2021

Original loan amount

$180,000

Est. remaining balance

$167,276

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Paul G Matricciani and Sheila O Matricciani

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: 11/14/2024 at 4:55 PM

Listing updated: 10/10/2024 at 6:11 PM

Listed by: Timothy D Meadowcroft, Long & Foster Real Estate, Inc. Phone #: (410) 524-1700

MLS: Bright #MDWO2023096

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