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$299,990

Beds
1
Baths
1.0
sq ft
585

7 52nd St Unit 101, Ocean City, MD 21842

7 52nd St Unit 101

OCEAN CITY, MD 21842

  • 31 days on market
Cute updated 1 Bedroom Ocean Side end unit with large balacony. Very close to Ocean City's beautiful beach. Building is close to shopping and restaurants. Midtown location. Down stairs storage closet for your beach items

Details

Property type

Condominium

Est. home value

$262,423

Lot size

Unknown

Price per sq ft

$513

Year built

1983

Annual property taxes

$2,229

HOA

No

Price History

02/28/2025
Bright

Bright #MDWO2029000

Listed
$299,990
+136.21%
08/02/2019
Bright

Bright #MDWO107262

Sold
$127,000

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

$181,747
Asking price
$299,990
Closing costs (~8% of asking)
-$23,999
Est. remaining loan balance
-$94,244
Cash to seller
$181,747

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

Seller’s Loan History

Lender

Wings Financial Cu

Loan start date

October 2020

Original loan amount

$104,500

Est. remaining balance

$94,244

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Cathy Higelmire and Michael Higelmire

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: 03/31/2025 at 3:05 PM

Listing updated: 03/25/2025 at 5:51 PM

Listed by: Jamie Caine, Coldwell Banker Realty Phone #: (443) 856-2211

MLS: Bright #MDWO2029000

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