tomo logo

$300,000

Beds
1
Baths
1.5
sq ft
600

14122 Laurel Ave Unit 1, Ocean City, MD 21842

14122 Laurel Ave Unit 1

OCEAN CITY, MD 21842

  • <1 day on market
    • Open house Oct 12
Experience coastal living in this charming one-bedroom, one and a half bath first-floor condo located in North Ocean City, Maryland, just minutes from Fenwick Island, Delaware. This fully furnished unit boasts a spacious and inviting outdoor covered deck, perfect for relaxing while taking in the stunning views canal. The dock is shared & deeded. With its prime location near beaches, shopping, and dining, this condo is ideal for both vacationers and year-round residents seeking a tranquil retreat by the water. Call for your tour today!

Details

Property type

Condominium

Est. home value

$293,067

Lot size

Unknown

Price per sq ft

$500

Year built

1983

Annual property taxes

$2,646

HOA

No

Price History

10/09/2024
Bright

Bright #MDWO2026110

Listed
$300,000
+50%
10/28/2020
Bright

Bright #MDWO116348

Sold
$200,000

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

$111,714
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$164,286
Cash to seller
$111,714

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

October 2020

Original loan amount

$180,000

Est. remaining balance

$164,286

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Brian O Mahony and Kristin O Mahony

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: 10/09/2024 at 4:20 PM

Listing updated: 10/09/2024 at 1:26 PM

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

MLS: Bright #MDWO2026110

Bright logo

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