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$500,000

Beds
2
Baths
2.0
sq ft
1,000

411 Bayshore Dr Unit 301, Ocean City, MD 21842

411 Bayshore Dr Unit 301

OCEAN CITY, MD 21842

  • 10 days on market
Welcome to South Bay Condos, where Million Dollar Views are waiting for you! This top-floor, direct bayfront condo offers some of the most stunning bay, sunset, and boat-watching views in all of Ocean City. Enjoy front-row seats to the OC Air Show, three sets of Fourth of July fireworks, and breathtaking sunsets every evening. Located just a short walk from the North End of the Ocean City Boardwalk and Jolly Roger Park, this 2-bedroom, 1.5-bathroom unit provides the ideal mix of relaxation and excitement. The condo has been beautifully updated, featuring oversized tile floors, a modern kitchen with soft-close cabinets, granite countertops, premium stainless steel appliances, and a full-sized washer/dryer. The centralized HVAC ensures year-round comfort. The spacious bayfront master bedroom opens onto a large balcony, offering perfect views of the boat traffic and surrounding scenery. South Bay is a well-maintained 6-unit building with recent upgrades, including a new roof, renovated rear balconies, front walkways, vinyl railings, and a new storage closet. Each unit has access to a boat slip and includes parking space. Whether you're looking for a full-time residence or vacation getaway, this is your opportunity to own a piece of coastal paradise with unmatched views in Ocean City!

Details

Property type

Condominium

Est. home value

$471,263

Lot size

Unknown

Price per sq ft

$500

Year built

1970

Annual property taxes

$3,735

HOA

No

Price History

09/07/2024
Bright

Bright #MDWO2023108

Listed
$500,000
+8.23%
08/15/2022
Bright

Bright #MDWO2009200

Sold
$462,000

Schools & Community

Neighborhood: 

Boardwalk/Inlet

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

STEPHEN DECATUR

School district: 

WORCESTER COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Coldwell Banker Home Loans

Loan start date

February 2013

Original loan amount

$186,275

Est. remaining balance

$135,257

Interest rate

3.35%

Loan type

New Conventional, 30 year

Seller

Frederick Rummage Jr and Margarita R Rummage

Lender

Coldwell Banker Home Loans

Loan start date

June 2011

Original loan amount

$187,200

Est. remaining balance

$134,938

Interest rate

4.63%

Loan type

New Conventional, 30 year

Seller

Frederick Rummage Jr and Margarita R Rummage

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: 09/16/2024 at 3:10 PM

Listing updated: 09/09/2024 at 5:25 PM

Listed by: Matthew Tyler Kalogeras, Houwzer, LLC Phone #: (410) 559-0155

MLS: Bright #MDWO2023108

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