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$264,999

Beds
2
Baths
2.0
sq ft
798

715 142nd St Unit 42304, Ocean City, MD 21842

715 142nd St Unit 42304

OCEAN CITY, MD 21842

  • 70 days on market
    • Price drop $10,000↓
Furnished and move-in ready condo in north OC! Just minutes to the beaches!! Whether you want a getaway at the beach or a vacation rental investment, this condo is the perfect choice. Relax and unwind as you soak in the beach vibes in this second floor unit. It has been carefully maintained with many upgrades in the last 5 years, including the stainless appliances in the kitchen (2020), plank flooring (2021), heat pump (2022), and water heater (2023). The condo features 2 bedrooms and 2 baths and an open layout. Lighthouse Village is nestled in the desirable Caine Woods community with parks, great restaurants and other local attractions incredibly close by while still being just minutes from the sand. Schedule your showing today so you don't miss this one!

Details

Property type

Condominium

Est. home value

$257,140

Lot size

Unknown

Price per sq ft

$333

Year built

1983

Annual property taxes

$1,846

HOA

No

Price History

11/15/2024
Bright

Bright #MDWO2023366

Price change
$264,999
-3.64%
10/21/2024
Bright

Bright #MDWO2023366

Price change
$274,999
-5.14%
10/02/2024
Bright

Bright #MDWO2023366

Listed
$289,900
+81.19%

Schools & Community

Neighborhood: 

North Ocean City

Elementary school: 

OCEAN CITY

Middle school: 

STEPHEN DECATUR

High school: 

STEPHEN DECATUR

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

$160,450
Asking price
$264,999
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$83,349
Cash to seller
$160,450

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

Seller’s Loan History

Lender

First Home Mortgage Corp

Loan start date

January 2017

Original loan amount

$99,000

Est. remaining balance

$83,349

Interest rate

4.03%

Loan type

New Conventional, 30 year

Seller

John Masaracchia

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: 11/22/2024 at 5:40 AM

Listing updated: 11/15/2024 at 8:09 AM

Listed by: Ryan Basch, RE/MAX Advantage Realty Phone #: (410) 871-2600

MLS: Bright #MDWO2023366

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