tomo logo

$440,000

Beds
4
Baths
2.0
sq ft
1,280

7 Marview Dr, Berlin, MD 21811

7 Marview Dr

OCEAN PINES, MD 21811

  • 5 days on market
    • Open house Sep 28
Forbes has named this area one of the 25 best places to retire in the US, and you won't want to miss this stunning fully renovated rancher-style home situated on a private oversized corner lot. This home has been meticulously updated with style and comfort in mind, making it perfect as a vacation getaway or a forever home. With ample amenities for entertaining, it’s designed to host gatherings with ease. Exterior Highlights: New roof, siding, and decking. Fresh screening and a new tongue-and-groove ceiling that creates a cozy, inviting atmosphere. New gravel on the oversized driveway. A spacious corner lot with plenty of privacy, offering endless potential to create your sanctuary. Interior Features: Reconfigured layout to comfortably sleep up to 10 guests, including a room with custom built-in bunk beds for four. Fully renovated bathrooms, beautifully designed for both boys and girls. Modern kitchen with new countertops, cabinets, and appliances, perfect for entertaining. Inviting a vaulted ceiling family room adjacent to the kitchen provides a seamless connection to the outdoors! Outside you will find a beautiful screened-in porch that overlooks the private lot. It’s the perfect spot to relax and enjoy the serene surroundings, whether you’re sipping your morning coffee or hosting friends for an evening gathering. This tranquil space enhances the home’s appeal and provides a seamless connection to the outdoors! The yard is spacious and private, perfect for creating your dream outdoor oasis. Whether you want to set up a garden, build a patio, or enjoy some peaceful moments, there’s plenty of room to make it your own! The Ocean Pines waterfront community's amenities are endless, offering year-round entertainment for all. Enjoy access to golf, tennis, boating, and beautiful beaches right at your doorstep. Explore charming local shops and restaurants in the surrounding area, or venture out for an evening at the casino for a show and dinner. And of course, the nearby beach is perfect for sun and fun! Don’t miss this incredible opportunity to own a beautiful home in a vibrant community!

Details

Property type

Single Family Residence

Est. home value

$307,923

Lot size

0.36 acres

Price per sq ft

$344

Year built

1976

Annual property taxes

$1,372

Monthly HOA fee

$82.17

Price History

09/25/2024
Bright

Bright #MDWO2023610

Listed
$440,000
+125.76%
09/13/2019
Bright

Bright #MDWO107362

Sold
$194,900

Schools & Community

Elementary school: 

SHOWELL

Middle school: 

BERLIN

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

$246,795
Asking price
$440,000
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$158,005
Cash to seller
$246,795

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

Seller’s Loan History

Lender

Ark-La-Tex Financial Services Llc

Loan start date

September 2019

Original loan amount

$175,410

Est. remaining balance

$158,005

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Julie L Petrousky and Dana L Gilmore

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: 09/27/2024 at 4:16 PM

Listed by: Janine Faith Kaganzev, Long & Foster Real Estate, Inc. Phone #: (301) 975-9500

MLS: Bright #MDWO2023610

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