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$245,000

Beds
1
Baths
1.0
sq ft
486

200 59th St Unit 302, Ocean City, MD 21842

200 59th St Unit 302

OCEAN CITY, MD 21842

  • 3 days on market
Discover Coconut Malorie #302, a 1-bedroom, 1-bathroom interior unit offering stunning bayfront views in midtown Ocean City. This condo-hotel provides a wealth of amenities, including a 24/7 front desk, outdoor pool, game room, gym, and library. Condo fees cover electricity, cable, internet, water, and sewer, making it a hassle-free choice for personal enjoyment or investment. Recent building renovations include pressure washing, fresh paint, roof and parking lot repairs, a new chiller, HVAC updates, and structural improvements, ensuring a top-notch experience. With a strong rental history and unbeatable location near Ocean City’s best attractions, dining, and shopping, this unit offers everything for a beachside retreat or lucrative investment. Don’t miss the chance to own this slice of paradise with breathtaking sunsets and a prime bayfront location!

Details

Property type

Condominium

Est. home value

$201,276

Lot size

Unknown

Price per sq ft

$505

Year built

1989

Annual property taxes

$1,689

HOA

No

Price History

11/08/2024
Bright

Bright #MDWO2026660

Listed
$245,000
+72.54%
11/30/2021
Bright

Bright #MDWO2002482

Sold
$142,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

BERLIN INTERMEDIATE SCHOOL

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

Sandy Spring Bank

Loan start date

May 2005

Original loan amount

$171,900

Est. remaining balance

Not provided

Interest rate

6%

Loan type

New Conventional, 30 year

Seller

Harriet Karagiannis

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 6:55 AM

Listing updated: 11/08/2024 at 12:10 AM

Listed by: Ryan Haley, Atlantic Shores Sotheby's International Realty Phone #: (410) 524-0919

MLS: Bright #MDWO2026660

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