tomo logo

$300,000

Beds
2
Baths
1.0
sq ft
770

2601 Gull Way Unit 30, Ocean City, MD 21842

2601 Gull Way Unit 30

OCEAN CITY, MD 21842

  • 40 days on market
🌟 Welcome to Golden Gate #30, Your Ideal Ocean City Getaway! 🌊 Discover the perfect vacation retreat or investment opportunity in the heart of Ocean City, Maryland. Located on the serene Bayshore Drive, Golden Gate #30 is a charming 2-bedroom, 1-bathroom condo that offers both comfort and convenience for your coastal escape. 🏖️ 🏡 Property Highlights: ✨ Spacious Living Area: The inviting living room is bathed in natural light, creating a warm and welcoming atmosphere. It's the perfect spot to unwind after a day of beachside adventures. 🛋️ 🛏️ Comfortable Bedrooms: Two well-appointed bedrooms provide ample space for family and guests, ensuring everyone enjoys a restful stay. 💤 🚿 Modern Bathroom: The pristine bathroom features contemporary fixtures and a refreshing color scheme, adding a touch of luxury to your daily routine. 🛁 🍳 Fully Equipped Kitchen: Prepare your favorite meals with ease in the fully equipped kitchen, complete with modern appliances and plenty of counter space. 🍽️ 🌅 Outdoor Relaxation: The semi-private deck offers a great space for outdoor dining and relaxation, where you can soak in the coastal breeze. 🌴 🏢 Community Amenities: 🏊 Refreshing Pool: Cool off on hot summer days in the community pool, just steps away from your condo. 💦 🌳 Well-Maintained Grounds: The Golden Gate complex boasts beautifully landscaped grounds and a peaceful setting with stunning bay views. 🌅 🚗 Convenient Parking: Ample parking space ensures easy access for you and your guests. 🅿️ 📍 Prime Location: Golden Gate #30 is just minutes away from Ocean City's top attractions, including the thrilling rides at Jolly Roger Amusement Park 🎢, go-kart racing at Speedworld 🏎️, and family fun at Splash Mountain water park 💦. Savor the local cuisine at nearby restaurants 🍽️, or spend your days soaking up the sun on Ocean City's world-renowned beach 🏖️. The vibrant boardwalk, filled with shops, eateries, and entertainment, is also within easy reach. 🎡 🎯 Don’t Miss Out: Whether you're seeking a personal vacation retreat or a fantastic rental property, Golden Gate #30 offers a unique blend of comfort, convenience, and coastal charm. 🌟 Contact us today to schedule a viewing and make this beautiful condo your own! 📞

Details

Property type

Condominium

Est. home value

$267,741

Lot size

Unknown

Price per sq ft

$390

Year built

1972

Annual property taxes

$2,277

HOA

No

Price History

08/24/2024
Bright

Bright #MDWO2022784

Listed
$300,000
+86.92%
08/11/2020
Bright

Bright #MDWO114832

Sold
$160,500

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

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

$144,203
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$131,797
Cash to seller
$144,203

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

Seller’s Loan History

Lender

Embrace Home Loans Inc

Loan start date

August 2020

Original loan amount

$144,450

Est. remaining balance

$131,797

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Jennifer Vander Meulen and Stephen D Vander Meulen

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: 09/27/2024 at 8:25 PM

Listing updated: 09/24/2024 at 10:17 AM

Listed by: Mark J. Hall, RE/MAX Advantage Realty Phone #: (410) 723-3600

MLS: Bright #MDWO2022784

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