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$379,873

Beds
3
Baths
2.0
sq ft
1,324

838 Ocean Pkwy, Berlin, MD 21811

838 Ocean Pkwy

OCEAN PINES, MD 21811

  • Coming soon
    • Open house Sep 21
Welcome to this charming 3-bedroom, 2-bathroom Cape Cod home in the desirable Ocean Pines community, offering comfort and convenience. Recently updated with a brand new roof, the home ensures peace of mind for years. The large backyard, fully enclosed with new fencing, provides a private oasis—perfect for outdoor entertaining, gardening, or simply enjoying the tranquil surroundings. You'll find spacious living areas with a cozy wood-burning fireplace on the main floor, ideal for family gatherings or relaxation. Located in a sought-after community with numerous amenities, this home is perfect for those seeking coastal living with modern upgrades.

Details

Property type

Single Family Residence

Est. home value

$343,143

Lot size

9,750 sq ft

Price per sq ft

$287

Year built

1991

Annual property taxes

$2,032

Monthly HOA fee

$74.67

Price History

10/24/2022
Bright

Bright #MDWO2010008

Sold
$310,000

Schools & Community

Elementary school: 

SHOWELL

Middle school: 

BERLIN INTERMEDIATE SCHOOL

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

$137,595
Asking price
$379,873
Closing costs (~8% of asking)
-$30,390
Est. remaining loan balance
-$211,888
Cash to seller
$137,595

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

Seller’s Loan History

Lender

Waterstone Mortgage Corp

Loan start date

October 2022

Original loan amount

$217,000

Est. remaining balance

$211,888

Interest rate

5.89%

Loan type

New Conventional, 30 year

Seller

Cetra D Rountree and Stephen D Rountree

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: Coming Soon

Tomo last checked: 09/19/2024 at 12:20 PM

Listing updated: 09/17/2024 at 10:56 PM

Listed by: Eka Suryadi, Keller Williams Realty Delmarva Phone #: (410) 524-6400

MLS: Bright #MDWO2023496

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