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$325,000

Beds
1
Baths
1.0
sq ft
720

5 144th St Unit 2D, Ocean City, MD 21842

5 144th St Unit 2D

OCEAN CITY, MD 21842

  • 39 days on market
Welcome to Starboard Tack, Unit 2-D which is located on 144th street in North Ocean City. Just steps from the beach with ocean views from your balcony, this prime location is just a few blocks walk to some of Fenwick Island's best restaurants, miniature golf & tax-free shopping. This beautiful condo can occupy up to six, featuring an open plan design with a central kitchen, a spacious living & dining area, and a bedroom with two queen beds. The furnishings also include breakfast bar stools, dining table and chairs, a living room sleep sofa, comfy recliner and TVs. The balcony not only has views of the ocean but also plenty of space to relax. You can even see the dolphins swimming while having your morning coffee. This property is located on the 2nd floor and there is a private storage locker on the parking lot level for your beach gear and bikes. Walk & bike along Wight Street, which runs along the oceanside. Reserved parking and a separate shared laundry building with an outdoor shower are also conveniently located on the parking lot level. Enjoy easy access to the Ocean City bus station, located directly across at 144th Street & Coastal Highway. Whether you’re looking for a personal retreat or a prime rental investment, this charming beachside property is a true find. Don’t miss your chance to own and embrace Ocean City’s laid-back lifestyle in a perfect location.

Details

Property type

Condominium

Est. home value

$288,744

Lot size

Unknown

Price per sq ft

$452

Year built

1972

Annual property taxes

$2,419

HOA

No

Price History

11/13/2024
Bright

Bright #MDWO2026894

Listed
$325,000
+62.09%
10/30/2020
Bright

Bright #MDWO116920

Sold
$200,500

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

BUCKINGHAM

Middle school: 

STEPHEN DECATUR

High school: 

STEPHEN DECATUR

Community features: 

Sidewalks

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

$135,014
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$163,986
Cash to seller
$135,014

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

October 2020

Original loan amount

$180,450

Est. remaining balance

$163,986

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Michele Hooks and James Hooks

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: 12/22/2024 at 11:50 AM

Listing updated: 11/14/2024 at 12:34 PM

Listed by: Creig E Northrop III, Northrop Realty Phone #: (410) 531-0321

MLS: Bright #MDWO2026894

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