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$749,990

Beds
3
Baths
3.0
sq ft
1,472

721 Rusty Anchor Rd Unit 17B, Ocean City, MD 21842

721 Rusty Anchor Rd Unit 17B

OCEAN CITY, MD 21842

  • 53 days on market
    • Price drop $10,009↓
Discover the epitome of waterfront living with this stunning Bayfront townhouse in Midtown. Boasting beautiful water views, this home is conveniently located close to shopping, a variety of restaurants, grocery stores, tennis courts, and the art center. The townhouse features a spacious waterfront deck, perfect for relaxation or entertaining, and includes a boat dock for boating enthusiasts. The entire unit has been updated and includes three large bedrooms and three bathrooms. Enjoy cozy evenings by the fireplace in the living room. This beautiful home is a must-see for anyone looking to enjoy the rest of the summer in style. ((( This listing is contingent upon sellers finding a replacement property )))

Details

Property type

Condominium

Est. home value

$632,999

Lot size

Unknown

Price per sq ft

$510

Year built

1980

Annual property taxes

$5,645

HOA

No

Price History

08/20/2024
Bright

Bright #MDWO2022516

Price change
$749,990
-1.32%
08/06/2024
Bright

Bright #MDWO2022516

Listed
$759,999
+51.85%
06/11/2021
Bright

Bright #MDWO121934

Sold
$500,500

Schools & Community

Neighborhood: 

North Ocean City

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

$271,312
Asking price
$749,990
Closing costs (~8% of asking)
-$59,999
Est. remaining loan balance
-$418,679
Cash to seller
$271,312

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

Seller’s Loan History

Lender

Bay Capital Mortgage Corp

Loan start date

June 2021

Original loan amount

$450,450

Est. remaining balance

$418,679

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Timothy Joseph Breya

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 8:20 PM

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

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

MLS: Bright #MDWO2022516

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