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$314,500

Beds
1
Baths
1.0
sq ft
525

2 137th St Unit 109, Ocean City, MD 21842

2 137th St Unit 109

OCEAN CITY, MD 21842

  • 73 days on market
    • Price drop $10,000↓
North Ocean City! Just steps away from the 100' to Ocean & Beach it will be waiting for you. This first-floor end unit has a private private balcony and it is just the one you are looking for. You have your own private parking spot right outside your door. Frost Free Refrigerator With Ice Maker, Electric Surface Range, Garbage Disposal, Built-In Microwave Oven, Stainless Steel Farm Sink, Tiled walk in Shower And New Cabinet & New Toilet, Laminate Flooring Throughout, 2- Ceiling Fans With Light, Stack Clothes Washer & Dryer, 53 Gallon Electric Hot Water Heater, Glass Patio Door To The Balcony, 2-wall HAVC units both Heat & AC. Sold Fully Furnished. Closed miniature golf, Movies, restaurants, and shopping. Well-maintained building, self-managed, LOW CONDO FEES. Come see this one TODAY and enjoy the resort Living lifestyle. Call the agent today to take a look today. “People don’t care what you know until they know how much you care”

Details

Property type

Condominium

Est. home value

$289,423

Lot size

Unknown

Price per sq ft

$600

Year built

1978

Annual property taxes

$2,383

HOA

No

Price History

12/14/2024
Bright

Bright #MDWO2026212

Price change
$314,500
-3.08%
12/07/2024
Bright

Bright #MDWO2026212

Listed
$324,500
12/06/2024
Bright

Bright #MDWO2026212

Removed
$324,500

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

OCEAN CITY

Middle school: 

BERLIN INTERMEDIATE SCHOOL

High school: 

STEPHEN DECATUR

Community features: 

Sidewalks, Street Lights

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

$67,509
Asking price
$314,500
Closing costs (~8% of asking)
-$25,160
Est. remaining loan balance
-$221,831
Cash to seller
$67,509

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

October 2023

Original loan amount

$224,250

Est. remaining balance

$221,831

Interest rate

7.12%

Loan type

New Conventional, 30 year

Seller

Richard L Davis and Karen S Davis

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: 12/22/2024 at 11:35 AM

Listing updated: 12/14/2024 at 2:19 PM

Listed by: Larry E Holdren, Larry Holdren Real Estate Inc Phone #: (410) 250-2700

MLS: Bright #MDWO2026212

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