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$215,000

Beds
3
Baths
2.0
sq ft
1,374

201 Payne Ave, Pocomoke City, MD 21851

201 Payne Ave

POCOMOKE CITY, MD 21851

  • 76 days on market
    • Price drop $10,000↓
This spacious bungalow with three full bedrooms upstairs and an office or additional bonus room on the first floor, with plenty of space for family time. Replaced HVAC and Electric panel in 2020 and Brand new wood burning stove installed. This Home is located minutes to Shopping and restaurant for your convenience, if you love outdoor activities Pocomoke State park with hiking trails and boating is also nearby. This is the perfect start for small town charm living and outdoor weekend adventures. Come see for yourself while it last!

Details

Property type

Single Family Residence

Est. home value

$215,183

Lot size

7,200 sq ft

Price per sq ft

$157

Year built

1946

Annual property taxes

$2,812

HOA

No

Price History

11/25/2024
Bright

Bright #MDWO2026112

Price change
$215,000
-4.44%
11/12/2024
Bright

Bright #MDWO2026112

Price change
$225,000
-4.26%
10/18/2024
Bright

Bright #MDWO2026112

Listed
$235,000
+88.76%

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

$82,105
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$115,695
Cash to seller
$82,105

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

Seller’s Loan History

Lender

Nations Lending Corp

Loan start date

November 2020

Original loan amount

$127,272

Est. remaining balance

$115,695

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Anthony Shearer and Whitney A Bowers Shearer

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 5:30 AM

Listing updated: 11/25/2024 at 1:09 PM

Listed by: Ainoy Philavanh, EXP Realty, LLC Phone #: (888) 860-7369

MLS: Bright #MDWO2026112

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