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$418,824Estimated home value

Beds
3
Baths
2.0
sq ft
1,232

731 Hurricane Rd, Ocean City, MD 21842

731 Hurricane Rd

OCEAN CITY, MD 21842

  • Sold On 12/13/2024
    • Price drop $15,000↓
Welcome to this beautiful, turn-key coastal rancher nestled in the highly desirable Caine Woods community in north Ocean City. This home has been extensively upgraded, comes fully furnished and offers incredible outdoor spaces for the perfect blend of comfort, coastal style and seaside living. Step inside to find a bright, open layout with modern updates as the spacious kitchen, living room and dining area flow seamlessly together. Down the main hall you will find the primary suite with freshly remodeled primary bath as well as the other two bedrooms and full bath. Note the new flooring throughout the home! Head outside to find outdoor living at its best! The expansive two-level deck with composite decking provides great views and the perfect space for entertaining or just soaking up the sun. The deck wraps around the side of the home and leads to the fully-fenced rear yard that features a patio and low maintenance landscaping. Don’t miss the outdoor shower for added convenience after a day at the beach. The roof and HVAC have both been replaced within the last 5 years. Be sure to ask your agent for the full upgrade list as there are too many to list here! The location offers a perfect balance of being close to the beach and the local north OC amenities while still being set in a beautiful neighborhood. There is a park and playground just 2 blocks away. Caine Woods has a community kayak launch that connects to the Assawoman Bay. Catch 54, Harpoon Hannah’s, the Fenwick Crab House and many other great restaurants are right around the corner. This home is a rare gem in one of Ocean City’s most desirable locations, so schedule your showing today and start enjoying the coastal life!

Details

Property type

Single Family Residence

Est. home value

$418,824

Lot size

4,500 sq ft

Price per sq ft

$475

Year built

1979

Annual property taxes

$3,910

HOA

No

Price History

12/12/2024
Bright

Bright #MDWO2026104

Sold
$565,000
-3.4%
11/14/2024
Bright

Bright #MDWO2026104

Pending
$584,900
11/08/2024
Bright

Bright #MDWO2026104

Price change
$584,900
-2.5%

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

$386,869
Asking price
$584,900
Closing costs (~8% of asking)
-$46,792
Est. remaining loan balance
-$151,239
Cash to seller
$386,869

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

December 2020

Original loan amount

$193,000

Est. remaining balance

$151,239

Interest rate

2.32%

Loan type

New Conventional, 16 year

Seller

Richard H Offutt Jr and Cynthia J Offutt

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: Off Market

Tomo last checked: 01/02/2025 at 5:30 PM

Listing updated: 12/13/2024 at 2:31 PM

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

MLS: Bright #MDWO2026104

Bright logo