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$497,402Estimated home value

Beds
2
Baths
2.0
sq ft
842

18 69th St Unit 15, Ocean City, MD 21842

18 69th St Unit 15

OCEAN CITY, MD 21842

  • Off market
    • Price drop $10,000↓
Looking for your place at the beach, this Ocean Block top floor two bedroom, two bath condo might be just where you want to be! Completely remodeled condo, close to the beach with an amazing balcony view of the Ocean. Every detail of this condo is beautiful. Walk in and entertain your family & friends with the open Living Room & kitchen space. The high ceilings and the upper transom window allows for lots of sunlight in the living space. New flooring throughout the unit . New cabinets, stainless steel appliances & quartz counter tops in the kitchen. Both bathrooms remodeled. The Master suite has plenty of space and a private bath with a standup shower. Condo has great rental potential. The unit has 2 assigned parking spaces, 1 is undercover. The condo was remodeled in 2020. Other improvements include Roof 2020, HVAC 2019, Oceanside windows 2017, & the exterior coating of the building 2017. The unit gets plenty of sunlight during the day as it is south facing. You can watch the sunrise & the sunsets from your large balcony. you will love that you are only a few steps to the beach. Summer Palace is located midtown in walking distance to restaurants, shopping, beach & bus stops. Schedule your showing today!

Details

Property type

Condominium

Est. home value

$497,402

Lot size

Unknown

Price per sq ft

$558

Year built

1982

Annual property taxes

$3,062

HOA

No

Price History

09/12/2024
Bright

Bright #MDWO2016902

Removed
$469,000
07/30/2024
Bright

Bright #MDWO2016902

Price change
$469,000
-2.09%
06/16/2024
Bright

Bright #MDWO2016902

Listed
$479,000
+112.89%

Schools & Community

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

$246,938
Asking price
$469,000
Closing costs (~8% of asking)
-$37,520
Est. remaining loan balance
-$184,542
Cash to seller
$246,938

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

Seller’s Loan History

Lender

Bay Capital Mortgage Corp

Loan start date

May 2020

Original loan amount

$202,500

Est. remaining balance

$184,542

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Vanessa L Garcia and Luis R Garcia

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: Off Market

Tomo last checked: 09/27/2024 at 6:30 PM

Listing updated: 08/14/2024 at 7:24 AM

Listed by: Sherri E. Custodio, Iron Valley Real Estate Ocean City Phone #: (443) 205-4007

MLS: Bright #MDWO2016902

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