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$399,900

Beds
3
Baths
2.0
sq ft
1,264

45 Ocean Pkwy, Berlin, MD 21811

45 Ocean Pkwy

OCEAN PINES, MD 21811

  • 29 days on market
    • Price drop $9,100↓
    • Open house Apr 05
This beautiful 3 bedroom, 2 full bath home shows pride in ownership. It has been fabulously remolded and updated from the wood framed ceilings and walls to the LVP flooring. It has unique features like a laundry room between the bathroom and primary bedroom, similiar to a "jack and jill" style. A cozy screend in back porch with a wall mounted electric fire place. The kitchen has beautiful white cabintry with granite counters and a large island. This home would be perfect for a primary, second home, or an investment property at the beach. It is located in the amenity rich Ocean Pine Community - North Gate, where one will find golfing, walking paths, indoor/outdoor pools, tennis courts, playgrounds, community center, etc.

Details

Property type

Single Family Residence

Est. home value

$333,206

Lot size

9,247 sq ft

Price per sq ft

$317

Year built

1974

Annual property taxes

$2,225

Monthly HOA fee

$70

Price History

03/14/2025
Bright

Bright #MDWO2029080

Price change
$399,900
-2.22%
03/04/2025
Bright

Bright #MDWO2029080

Listed
$409,000
+109.74%
11/30/2016
Bright

Bright #1000524450

Sold
$195,000
+54.15%

Schools & Community

Elementary school: 

SHOWELL

Middle school: 

BERLIN INTERMEDIATE SCHOOL

High school: 

STEPHEN DECATUR

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

$63,984
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$303,924
Cash to seller
$63,984

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

Seller’s Loan History

Lender

Townebank Mortgage

Loan start date

December 2021

Original loan amount

$326,340

Est. remaining balance

$303,924

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Frederick V Walker Jr

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: 04/03/2025 at 12:55 AM

Listing updated: 04/02/2025 at 8:01 PM

Listed by: Lynn M Makowiecki, Coldwell Banker Realty Phone #: (443) 856-2211

MLS: Bright #MDWO2029080

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