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$189,000

Beds
Unknown
Baths
1.0
sq ft
377

3010 Philadelphia Ave Unit N305, Ocean City, MD 21842

3010 Philadelphia Ave Unit N305

OCEAN CITY, MD 21842

  • 32 days on market
Welcome to your perfect beachside retreat! This cozy and comfortable studio is just steps away from the sand and surf, making it an ideal getaway or rental investment property. Fully furnished and move-in ready, this charming condo offers a seamless blend of relaxation and convenience. Step outside your door to enjoy a seating area where you can catch glimpses of the ocean. Inside, you'll find modern updates including vinyl plank flooring, refreshed kitchen cabinets, coffee bar and a renovated bathroom. WiFi included in condo fee. This property is ideally situated close to the Boardwalk, Jolly Roger Amusement Park, mini golf, and a wide array of dining options. Residents and guests alike will appreciate the large outdoor pool, adding to the appeal of this beachside gem. Whether you're seeking a beach retreat or a lucrative rental property, don't miss out on this opportunity.

Details

Property type

Condominium

Est. home value

$146,466

Lot size

Unknown

Price per sq ft

$502

Year built

1972

Annual property taxes

$1,378

HOA

No

Price History

09/02/2024
Bright

Bright #MDWO2022868

Listed
$189,000
+80%
12/11/2020
Bright

Bright #MDWO117756

Sold
$105,000

Schools & Community

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

$61,978
Asking price
$189,000
Closing costs (~8% of asking)
-$15,120
Est. remaining loan balance
-$111,902
Cash to seller
$61,978

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

Seller’s Loan History

Lender

Lower Llc

Loan start date

February 2022

Original loan amount

$117,750

Est. remaining balance

$111,902

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Lisa Marie Markiewicz

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 1:17 AM

Listed by: Karen Staskey, Berkshire Hathaway HomeServices PenFed Realty-WOC Phone #: (410) 520-2600

MLS: Bright #MDWO2022868

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