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$385,000

Beds
3
Baths
2.0
sq ft
870

402 144th St Unit 301, Ocean City, MD 21842

402 144th St Unit 301

OCEAN CITY, MD 21842

  • 76 days on market
    • Price drop $14,999↓
Every aspect of this newly renovated property was hand crafted to be your next home at the beach. With tranquil colors, sand tone accents and beautiful yet durable finishes, this home is where you come to escape. New LVP flooring that is waterproof and scratch resistant, an entirely new renovated kitchen with deep stainless-steel sink with matching fixture and pull handles. Unit 301 has some extremely rare and coveted features included vaulted ceilings, two skylights, as well as being the top floor end unit. Tremendous income potential with being a 3 bed 2bath unit in a low condo fee building, at only 225 a month. Private parking is located in the back and an extra storage unit is located on the right side of the building for storing beach/outdoor accessories.

Details

Property type

Condominium

Est. home value

$292,804

Lot size

Unknown

Price per sq ft

$443

Year built

1986

Annual property taxes

$2,023

HOA

No

Price History

11/18/2024
Bright

Bright #MDWO2023246

Price change
$385,000
-3.75%
09/07/2024
Bright

Bright #MDWO2023246

Listed
$399,999
+3.9%
07/06/2024
Bright

Bright #MDWO2018718

Removed
$385,000

Schools & Community

Neighborhood: 

North Ocean City

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

$125,085
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$229,115
Cash to seller
$125,085

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

September 2023

Original loan amount

$232,000

Est. remaining balance

$229,115

Interest rate

6.78%

Loan type

New Conventional, 30 year

Seller

Ryan W Eby

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: 11/22/2024 at 5:20 AM

Listing updated: 11/18/2024 at 10:29 AM

Listed by: Ryan W Eby, Corner House Realty Phone #: (443) 499-3839

MLS: Bright #MDWO2023246

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