tomo logo

$209,900

Beds
1
Baths
1.0
sq ft
408

2301 Philadelphia Ave Unit 307, Ocean City, MD 21842

2301 Philadelphia Ave Unit 307

OCEAN CITY, MD 21842

  • 19 days on market
Welcome to Westward Ho! This well-maintained bayside building has recently undergone exterior renovations (Spring 24). Amenities include an elevator, outdoor shower, picnic and grilling area, laundry facilities, and two unassigned parking passes per unit. Owners also enjoy access to a private boat launch and tie-up area. Just a short walk to the beach and boardwalk, with restaurants, bars, and attractions nearby. Non-smoking building. Sold furnished.

Details

Property type

Condominium

Est. home value

$198,808

Lot size

Unknown

Price per sq ft

$515

Year built

1975

Annual property taxes

$1,634

HOA

No

Price History

03/12/2025
Bright

Bright #MDWO2029400

Listed
$209,900
+76.39%
06/27/2019
Bright

Bright #MDWO104916

Sold
$119,000

Schools & Community

Neighborhood: 

Boardwalk/Inlet

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

$104,990
Asking price
$209,900
Closing costs (~8% of asking)
-$16,792
Est. remaining loan balance
-$88,118
Cash to seller
$104,990

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

June 2019

Original loan amount

$99,000

Est. remaining balance

$88,118

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Stacy D Orem

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: 03/31/2025 at 3:10 PM

Listing updated: 03/25/2025 at 9:11 AM

Listed by: Eka Suryadi Poling, Keller Williams Realty Delmarva Phone #: (410) 524-6400

MLS: Bright #MDWO2029400

Bright logo

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