tomo logo

$274,990

Beds
4
Baths
3.5
sq ft
1,880

502 Seaway Ln Unit 25, Cambridge, MD 21613

502 Seaway Ln Unit 25

CAMBRIDGE, MD 21613

  • 23 days on market
Waterfront Community Living with a Deeded Boat Slip! Set sail into the ultimate Chesapeake Bay lifestyle with this bright and airy 4BR, 3.5BA, 3-story townhome in Cambridge. Just 200 feet from the marina, your boat slip makes boating on the Choptank and the Chesapeake effortless. The spacious two-car garage offers storage for all your gear. This home is perfect for a weekend getaway or full-time coastal living. Inside, enjoy an open-concept kitchen with massive island, LVP flooring and laundry room on the main. The upper level features a large owner’s suite with deluxe bath and walk-in closet. Two additional bedrooms and a full bath complete this level. The ground level features a bedroom and full bath, too. Community amenities include waterfront riverwalk, main and kiddie pool, and gated access. The master association covers lawn/plant care and snow removal—so you can focus on relaxing. With easy access to charming downtown Cambridge and endless waterfront adventures, this home is your gateway to the best of the Eastern Shore! Deeded Boat Slip #34 (tax ID 07-239769). Marina Association provides water and electric.

Details

Property type

Condominium

Est. home value

$316,922

Lot size

Unknown

Price per sq ft

$147

Year built

2006

Annual property taxes

$4,348

Monthly HOA fee

$295

Price History

02/08/2025
Bright

Bright #MDDO2008892

Listed
$274,990
-7.41%
10/25/2022
Bright

Bright #MDDO2003174

Sold
$297,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks, Street Lights

School district: 

DORCHESTER 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

Bayfirst National Bank

Loan start date

October 2022

Original loan amount

$258,750

Est. remaining balance

Not provided

Interest rate

5.5%

Loan type

New Conventional, 30 year

Seller

Teal E Clise and Ronald L Clise

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: 03/04/2025 at 12:15 AM

Listing updated: 02/13/2025 at 10:39 AM

Listed by: Teal Clise, EXP Realty, LLC Phone #: (888) 860-7369

MLS: Bright #MDDO2008892

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