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$595,000

Beds
5
Baths
3.0
sq ft
1,939

14110 Sailing Rd, Ocean City, MD 21842

14110 Sailing Rd

OCEAN CITY, MD 21842

  • Pending
    • Price drop $20,000↓
Well-maintained single-family home in the highly desirable Caine Woods community of North Ocean City, just a 13-minute walk to the beach. The home is equipped with an outdoor shower for a quick rinse when you get back! This charming residence features five bedrooms, three full bathrooms, including a spacious master en suite. The home was tastefully renovated in 2024, including all-new floors and stairs. Additional highlights include a one-car garage for extra storage, an updated kitchen with stainless steel appliances, hardwood flooring, and skylights that fill the home with natural light. Enjoy the fenced yard with its well-kept landscaping, a cute front porch, and a private patio and deck out back, perfect for entertaining. Located in a quiet neighborhood, this home is ready to welcome you to coastal living at its best!

Details

Property type

Single Family Residence

Est. home value

$571,754

Lot size

4,356 sq ft

Price per sq ft

$307

Year built

1987

Annual property taxes

$5,264.35

HOA

No

Price History

09/21/2024
Bright

Bright #MDWO2022940

Pending
$595,000
09/18/2024
Bright

Bright #MDWO2022940

Listed
$595,000
09/14/2024
Bright

Bright #MDWO2022940

Removed
$595,000

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

STEPHEN DECATUR

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

$190,462
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$356,938
Cash to seller
$190,462

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

Seller’s Loan History

Lender

Nfm Inc

Loan start date

September 2021

Original loan amount

$383,200

Est. remaining balance

$356,938

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Michael James Oatley and Teresa Jesus Oatley

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: Pending/Under Contract

Tomo last checked: 11/09/2024 at 11:40 AM

Listing updated: 09/24/2024 at 1:17 AM

Listed by: Michael James Oatley, Real Broker, LLC - McLean Phone #: (855) 450-0442

MLS: Bright #MDWO2022940

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