tomo logo

$279,500

Beds
2
Baths
2.0
sq ft
870

411 146th St Unit 225, Ocean City, MD 21842

411 146th St Unit 225

OCEAN CITY, MD 21842

  • 200 days on market
    • Price drop $35,500↓
Embrace the coastal lifestyle in this delightful two-bedroom, two-bathroom condo nestled in the sought-after North Ocean City. Elevated on the second level, this end unit exudes charm and has been meticulously maintained for the discerning buyer seeking the ultimate beach escape. Don't want to go to the beach today? Go for a swim in the large and inviting condominium swimming pool. This perfect beach getaway, that shows pride of ownership, is ideal for rental income or for fun in the sun. Nestled in a prime location, with the beach literally down the street, it's conveniently located steps away from lots of attractions and shops such as the beach, bay, restaurants, bakery, shopping, mini golf, laser tag, go-karts and much more. Don't miss the chance to make this beach getaway yours and start living the coastal dream! **NO PLANNED SPECIAL ASSESSMENT FEES, NOR PLANNED CHANGES TO THE CONDO FEES AS OF THE DATE OF THIS LISTING. THIS IS A SIGNIFICANT DIFFERENCE WHEN COMPARING SIMILARLY LOOKING CONDOS NEARBY. **

Details

Property type

Condominium

Est. home value

$280,299

Lot size

Unknown

Price per sq ft

$322

Year built

1986

Annual property taxes

$646

HOA

No

Price History

09/24/2024
Bright

Bright #MDWO2019614

Price change
$279,500
-11.27%
09/18/2024
Bright

Bright #MDWO2019614

Price change
$315,000
+12.7%
09/04/2024
Bright

Bright #MDWO2019614

Price change
$279,500
-3.45%

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

STEPHEN DECATUR

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

$160,377
Asking price
$279,500
Closing costs (~8% of asking)
-$22,360
Est. remaining loan balance
-$96,763
Cash to seller
$160,377

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

Seller’s Loan History

Lender

Nfm Inc

Loan start date

December 2017

Original loan amount

$112,000

Est. remaining balance

$96,763

Interest rate

3.88%

Loan type

New Conventional, 30 year

Seller

Simret Belai and Ghermay Araya

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 10:15 PM

Listing updated: 09/24/2024 at 4:39 PM

Listed by: Mynor R Herrera, Keller Williams Capital Properties Phone #: (240) 383-1350

MLS: Bright #MDWO2019614

Bright logo

Recently listed in OCEAN CITY

$614,990|3 bd|3.0 ba|Townhouse
$649,990|3 bd|3.0 ba|Townhouse

Explore top cities in Maryland