tomo logo

$289,500

Beds
2
Baths
2.0
sq ft
748

8328 S Longboat Way, Berlin, MD 21811

8328 S Longboat Way

Berlin, MD 21811

  • 62 days on market
    • Price drop $5,000↓
Looking for the perfect getaway place at the beach... this is it! This turnkey unit has so many updates... all new windows(lifetime warranty) and new Pella slider, new HVAC, new roof, new granite counter tops, second bathroom completely renovated, all new paint throughtout , new carpet in bedrooms, updated front and rear steps, and electrical. Just relax and enjoy this 2 BEDROOM/ 2 FULL BATH cottage that overlooks the pond! So many amenities in this wonderful beach community!

Details

Property type

Manufactured Home

Est. home value

$280,711

Lot size

3,000 sq ft

Price per sq ft

$388

Year built

1994

Annual property taxes

$1,636.79

Monthly HOA fee

$140

Price History

05/30/2024
BrightMLS

BrightMLS #MDWO2020688

Price change
$289,500
-1.7%
05/13/2024
BrightMLS

BrightMLS #MDWO2020688

Listed
$294,500
+18.8%
04/15/2022
BrightMLS

BrightMLS #MDWO2003012

Sold
$247,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$66,376
Asking price
$289,500
Closing costs (~8% of asking)
-$23,160
Est. remaining loan balance
-$199,964
Cash to seller
$66,376

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

April 2022

Original loan amount

$208,250

Est. remaining balance

$199,964

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Tracey Stefanucci and Shubham Garga

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?

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BrightMLS
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12014 Assateague Way, Berlin, MD 21811

Status: Active

Tomo last checked: 07/03/2024 at 12:05 PM

Listing updated: 05/30/2024 at 9:03 PM

Listed by: Beth Miller, Berkshire Hathaway HomeServices PenFed Realty - OP Phone #: (410) 208-3500

MLS: BrightMLS #MDWO2020688

BrightMLS logo

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