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$300,000

Beds
1
Baths
1.0
sq ft
606

169 Jamestown Rd Unit 20301, Ocean City, MD 21842

169 Jamestown Rd Unit 20301

OCEAN CITY, MD 21842

  • 22 days on market
Don't miss your chance to own this beautifully updated, Bayfront condo, conveniently located in the heart of uptown Ocean City, Maryland! This gem boasts breathtaking, unobstructed, views of the bay and exquisite Sunset views! Inside you'll find new flooring, a modern and fully equipped kitchen, lots of natural light and new flooring! The condo complex offers a parking lot located right across from the building, tennis courts and a swimming pool! There is also an elevator for added convenience. This property can be used as a private getaway retreat or as an investment opportunity with potential earnings of $20,000 - $25,000! This one is a must see, schedule your showing today!

Details

Property type

Condominium

Est. home value

$287,712

Lot size

Unknown

Price per sq ft

$496

Year built

1982

Annual property taxes

$2,558

HOA

No

Price History

11/02/2024
Bright

Bright #MDWO2026680

Listed
$300,000
+3.09%
12/04/2023
Bright

Bright #MDWO2017206

Sold
$291,000
+81.99%
03/31/2017
Bright

Bright #1001851172

Sold
$159,900

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$45,112
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$230,888
Cash to seller
$45,112

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

Seller’s Loan History

Lender

Jarrettsville Federal Sla

Loan start date

December 2023

Original loan amount

$232,800

Est. remaining balance

$230,888

Interest rate

7.63%

Loan type

New Conventional, 30 year

Seller

Brittney V Poletynski and Robert M Poletynski Jr

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: 11/22/2024 at 5:40 AM

Listing updated: 11/04/2024 at 9:09 AM

Listed by: Brittney Poletynski, RE/MAX Components Phone #: (410) 893-1199

MLS: Bright #MDWO2026680

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