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$199,000

Beds
1
Baths
1.0
sq ft
558

2301 Philadelphia Ave Unit 109, Ocean City, MD 21842

2301 Philadelphia Ave Unit 109

OCEAN CITY, MD 21842

  • 187 days on market
    • Price drop $26,000↓
PRICE REDUCED: Boat ramp and bulkhead access is an excellent amentity for this 1 bedroom and 1 full bath unit, with low condo fees. Owners have their private laundry facilities and renters have separate facilities which is also an added benefit for owning a property in this building. Walking distance to beach, bay, bus stops, restaurants, amusement parks, and golfing activities. Pets are allowed for owners of the condominium, but not for renters. This owner managed property will go fast, please schedule a showing today.

Details

Property type

Condominium

Est. home value

$176,524

Lot size

Unknown

Price per sq ft

$357

Year built

1975

Annual property taxes

$1,180

HOA

No

Price History

06/29/2024

Bright #MDWO2018168

Listed
$199,000
06/20/2024

Bright #MDWO2018168

Pending
$199,000
12/29/2023

Bright #MDWO2018168

Listed
$199,000
+65.83%

Schools & Community

Neighborhood: 

Boardwalk/Inlet

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

STEPHEN DECATUR

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

M & T Mortgage Corp

Loan start date

April 2006

Original loan amount

$132,000

Est. remaining balance

Not provided

Interest rate

6.24%

Loan type

Purchase Money Mortgage, 30 year

Seller

Lenhart Keith Kollar

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: 07/03/2024 at 11:25 AM

Listing updated: 06/29/2024 at 10:33 AM

Listed by: Theresa R Diefendorf, Keller Williams Realty Delmarva Phone #: (410) 524-6400

MLS: Bright #MDWO2018168

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