tomo logo

$615,000

Beds
2
Baths
2.0
sq ft
1,287

2 Dorchester St Unit 408, Ocean City, MD 21842

2 Dorchester St Unit 408

OCEAN CITY, MD 21842

  • 101 days on market
Here is the one you have been looking for! Downtown Ocean City. Direct oceanfront building on the Boardwalk. This turnkey, 2 bed/2 bath condo has a strong rental history. Park your car in one of your two assigned spots in the covered parking garage and enjoy the rest of your vacation. Also enjoy the pool, a putting green, sauna, and fitness center. You are within walking and biking distance to great restaurants and entertainment, as well as the OC fishing pier and inlet. Elevators for convenience. Storage for each unit on the 3rd floor of the parking garage. Spacious living room with fireplace. Kitchen island with breakfast bar plus a dining table and fully equipped kitchen. Nicely furnished. Conveniently located on the fourth floor with open balcony, facing pool with large sundeck. Great views as well! Come see and buy today!

Details

Property type

Condominium

Est. home value

$671,648

Lot size

Unknown

Price per sq ft

$478

Year built

2007

Annual property taxes

$7,062

HOA

No

Price History

07/30/2024
Bright

Bright #MDWO2022404

Listed
$615,000
-8.89%
03/11/2024
BrightMLS

BrightMLS #MDWO2015698

Removed
$675,000
08/11/2023
BrightMLS

BrightMLS #MDWO2015698

Listed
$675,000
+22.75%

Schools & Community

Neighborhood: 

Boardwalk/Inlet

Elementary school: 

OCEAN CITY

Middle school: 

STEPHEN DECATUR

High school: 

STEPHEN DECATUR

Community features: 

Pool

School district: 

WORCESTER COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Applied Bank

Loan start date

October 2013

Original loan amount

$6,000,000

Est. remaining balance

Not provided

Interest rate

4.57%

Loan type

Stand Alone Second

Seller

Belmont Towers Stores Of Oc Llc and Dorchester Street Llc

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: 11/08/2024 at 4:55 PM

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

Listed by: Matthew Bogdan, Century 21 New Horizon Phone #: (410) 723-4500

MLS: Bright #MDWO2022404

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