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$629,500

Beds
3
Baths
2.0
sq ft
1,563

300 17th St Unit 202, Ocean City, MD 21842

300 17th St Unit 202

OCEAN CITY, MD 21842

  • 58 days on market
    • Price drop $400↓
Impeccable 3 bedroom 2 bath unit includes Boat Slip # 3. The 2 stack has the extra large waterfront balcony large enough for the whole family and friends. Come see the unmatched cleanliness of this unit that is tastefully decorated with new and almost new furniture throughout. Proven Rental income, but looks like a non rental with unblemished cleanliness.

Details

Property type

Condominium

Est. home value

$655,830

Lot size

Unknown

Price per sq ft

$403

Year built

2006

Annual property taxes

$6,051

HOA

No

Price History

09/16/2024
Bright

Bright #MDWO2022450

Price change
$629,500
-0.06%
09/08/2024
Bright

Bright #MDWO2022450

Price change
$629,900
-1.56%
08/25/2024
Bright

Bright #MDWO2022450

Price change
$639,900
-1.54%

Schools & Community

Neighborhood: 

Boardwalk/Inlet

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$113,120
Asking price
$629,500
Closing costs (~8% of asking)
-$50,360
Est. remaining loan balance
-$466,020
Cash to seller
$113,120

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

Seller’s Loan History

Lender

Members 1St Fcu

Loan start date

September 2022

Original loan amount

$479,200

Est. remaining balance

$466,020

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Vincent P Pagano and Yaury D Pagano

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: 09/21/2024 at 3:36 AM

Listed by: Shawn Kotwica, Coldwell Banker Realty Phone #: (443) 856-2211

MLS: Bright #MDWO2022450

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