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$599,900

Beds
3
Baths
2.0
sq ft
1,380

416 Nautical Ln, Ocean City, MD 21842

416 Nautical Ln

OCEAN CITY, MD 21842

  • 89 days on market
    • Price drop $25,000↓
Looking for a brand new home in Ocean City? Look no further! This custom-built single-level home in the Montego Bay community in North Ocean City is one of the few newly constructed homes available for sale. What's more, it is the best priced! With a ton of amazing features, this house is an absolute gem. The kitchen boasts quartz countertops, stainless steel appliances with a gas range, and a large kitchen island with plenty of seating. The living area has vaulted ceilings, oversized windows and oversized 3-panel patio doors that let in plenty of natural light, making it the perfect place to relax and unwind. You'll also find a dry bar and access to the low-maintenance covered porch. The house has beautiful LVP flooring throughout, making it easy to clean and maintain and the bedrooms have 9-foot ceilings and ceiling fans to keep you comfortable. A tiled shower in the primary bedroom, a separate large laundry room with cabinets and countertops and a gas tankless water heater complete the package. You'll also have plenty of storage space with a large outdoor storage shed. Montego Bay amenities include 2 outdoor pools, kiddie pool, 2 tennis courts, pickleball courts, 9 hole mini golf course, bayfront boardwalk with multiple crabbing/fishing piers and a 1/2 mile paved walking path around an 8-acre pond. The convenient location off 130th St. is close to restaurants, a grocery store, shopping, entertainment and Northside Park. Don't miss out on this amazing opportunity to own a beautiful new home in one of the most sought-after areas of Ocean City!

Details

Property type

Single Family Residence

Est. home value

$223,152

Property condition

New Construction

Lot size

3,600 sq ft

Price per sq ft

$435

Year built

2024

Annual property taxes

$2,088

Monthly HOA fee

$33

Price History

04/24/2024

Bright #MDWO2019828

Listed
$599,900
+185.67%
03/22/2023

Bright #MDWO2009788

Sold
$210,000

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

WORCESTER COUNTY PUBLIC SCHOOLS

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

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

Manufacturers & Traders Trust Co

Loan start date

November 2015

Original loan amount

$161,750

Est. remaining balance

Not provided

Interest rate

3.76%

Loan type

Credit Line (Revolving)

Seller

Frank T Reese Iii and Charlene C Reese

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: 06/26/2024 at 2:50 PM

Listing updated: 06/15/2024 at 6:34 AM

Listed by: David L Whittington Jr., Coastal Life Realty Group LLC Phone #: (443) 552-7579

MLS: Bright #MDWO2019828

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