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$229,000

Beds
1
Baths
1.0
sq ft
396

508 Robin Dr Unit 41, Ocean City, MD 21842

508 Robin Dr Unit 41

OCEAN CITY, MD 21842

  • 78 days on market
Beautiful end unit condo! Lovely deck overlooking the canal. Come see this immaculate condo that features LVP flooring throughout and updated sliders and windows. Desirable location that is close to popular dining and attractions. Building features storage and shared hot water that is included in the HOA. Enjoy steamed crabs on your deck overlooking the canal. Showings are limited around rentals. Please reach out to the listing agent for showing availability.

Details

Property type

Condominium

Est. home value

$217,895

Lot size

Unknown

Price per sq ft

$579

Year built

1969

Annual property taxes

$1,930

HOA

No

Price History

07/24/2024
Bright

Bright #MDWO2022058

Listed
$229,000
07/19/2024
Bright

Bright #MDWO2022058

Removed
$229,000
07/19/2024
Bright

Bright #MDWO2022058

Listed
$229,000
+9.57%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$48,209
Asking price
$229,000
Closing costs (~8% of asking)
-$18,320
Est. remaining loan balance
-$162,471
Cash to seller
$48,209

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

Seller’s Loan History

Lender

Direct Mortgage Loans Llc

Loan start date

October 2022

Original loan amount

$167,200

Est. remaining balance

$162,471

Interest rate

5.13%

Loan type

New Conventional, 30 year

Seller

Lamar Dixon

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: 09/27/2024 at 8:25 PM

Listing updated: 09/21/2024 at 3:16 AM

Listed by: Leslie L. Miller, LPT Realty, LLC Phone #: (877) 366-2213

MLS: Bright #MDWO2022058

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