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$299,000

Beds
1
Baths
1.5
sq ft
816

155 Jamestown Rd Unit 203, Ocean City, MD 21842

155 Jamestown Rd Unit 203

OCEAN CITY, MD 21842

  • 175 days on market
    • Price drop $30,000↓
The View is Spectacular through the double sliding glass doors * We all need a little less stress in our lives * Welcome home and relax while the fireplace offers the right amount of ambiance on those chilly winter nights * Get your paddle board out and take in the scenic route along the coast * Lots of updates in this gem * 816 Sq ft of living space offers one of the largest 1 bedrom condos "at the beach" * Bay/Sunset Views from Living/Dining Room as well as from the Kitchen * Incredible location offers easy access to the beach, restaurants, shops, busline and all day fishing/crabbing * Central Heat and AC-replaced in 2020 * It's time to make this 2nd floor condo your home, investment property or your 2nd home * Partially furnished *

Details

Property type

Condominium

Est. home value

$275,837

Lot size

Unknown

Price per sq ft

$367

Year built

1988

Annual property taxes

$1,865

HOA

No

Price History

07/17/2024
Bright

Bright #MDWO2020154

Price change
$299,000
-9.12%
04/16/2024
Bright

Bright #MDWO2020154

Listed
$329,000
+80.27%
09/09/2020
Bright

Bright #MDWO115152

Sold
$182,500

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

$125,207
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$149,873
Cash to seller
$125,207

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

September 2020

Original loan amount

$164,250

Est. remaining balance

$149,873

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Ekaterina Y Cathcart

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: 09/27/2024 at 10:15 PM

Listing updated: 09/21/2024 at 3:36 AM

Listed by: Grace Masten, Sea Grace @ North Beach Realtors Phone #: (410) 250-4433

MLS: Bright #MDWO2020154

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