tomo logo

$279,900

Beds
2
Baths
2.0
sq ft
862

14301 Tunnel Ave Unit 1C, Ocean City, MD 21842

14301 Tunnel Ave Unit 1C

OCEAN CITY, MD 21842

  • Coming soon
    • Open house Sep 21
Beautifully renovated and totally turnkey two-bedroom, two-bathroom condo located in North Ocean City. Welcome to Sherwood Condominium! Fully furnished with tons of new upgrades including new HVAC, hot water heater, stainless steel kitchen appliances, granite countertops, kitchen cabinets, tub surrounds, bathroom vanities, toilets, washer and dryer, fresh paint throughout, and convenient keyless entry! First floor for convenient access with a private rear deck off the primary suite, complete with ensuite bathroom. Brand new roof and a future building facelift including new siding, decking, and railings already PAID IN FULL by the sellers. Two assigned parking spaces and plenty of street parking available. Sherwood Condominium is nestled into the quiet bayside community of Caine Woods, walking distance to the beach, shopping, restaurants, mini golf, water park, and more. Don't miss out on your opportunity to own at the beach! Call today for your private showing!

Details

Property type

Condominium

Est. home value

$268,743

Lot size

Unknown

Price per sq ft

$325

Year built

1972

Annual property taxes

$2,517.42

HOA

No

Price History

05/20/2022
Bright

Bright #MDWO2006936

Sold
$212,500

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

OCEAN CITY

Middle school: 

STEPHEN DECATUR

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

$73,195
Asking price
$279,900
Closing costs (~8% of asking)
-$22,392
Est. remaining loan balance
-$184,313
Cash to seller
$73,195

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

Seller’s Loan History

Lender

Mclean Financial Corp

Loan start date

May 2022

Original loan amount

$191,250

Est. remaining balance

$184,313

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Gregory N Huber and Sarah D Huber

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: Coming Soon

Tomo last checked: 09/19/2024 at 12:05 PM

Listing updated: 09/17/2024 at 8:36 PM

Listed by: Madeleine Forrester, Coldwell Banker Realty Phone #: (443) 856-2211

MLS: Bright #MDWO2023438

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