NOT LISTED FOR SALE

1 Laurel Trail Ocean Pines, MD 21811

Estimated Value: $384,000 - $431,000

0.2 Acres
$1,996,240 Price per Acre
8,898 Sq Ft Lot

Sale Details

Date Sold: March 8, 2019

Last sale price $35,000

Est. 1,041% increase in value since last sale

Current estimated payment $2,439 / mo

104 Days on Market

About This Lot

As of March 2019

Build your beautiful home on this A great wooded corner lot lowest price on the market this lot won't last long

Last Agent to Sell the Property

Su Mei Prete

(410) 208-3500 oceanpines@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS0015701 Listed on: 11/07/2018

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

George Rines

(443) 856-2211 george@cropperrines.com Coldwell Banker Realty License #517366

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $490

Lot Details

  • 8,898 Sq Ft Lot
  • Property is zoned R-2

HOA Fees

  • $79 Monthly HOA Fees

Schools

  • Showell Elementary School
  • Berlin Middle School
  • Stephen Decatur High School

Additional Features

  • Views of Woods
  • Flood Risk

Community Details

  • Ocean Pines Sherwood Forest Subdivision

Listing and Financial Details

  • Tax Lot 224
  • Assessor Parcel Number 03-109976

Property Details

Property Type

Land

Est. Annual Taxes

$490

Lot Details

8,898 Sq Ft Lot

HOA Fees

$79 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 5.38

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 951.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: BERLIN

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8898.00
  • Possible Use: Residential
  • Zoning: R-2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5387529
  • Tax Annual Amount: 490.00
  • Assessor Parcel Number: 03-109976
  • Tax Lot: 224
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Mar 1, 2019
Sold by
Sucgang Celia R and Diaz Ilona
Bought by
Farrell Michael J and Farrell Elena R
Seller's Agent
Su Mei Prete
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
George Rines
Coldwell Banker Realty
List Price
$47,900
Sold Price
$35,000
Premium/Discount to List
-$12,900
-26.93%
Current Estimated Value
$399,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,248
Avg. Annual Appreciation
40.56%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farrell Michael J $35,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2019 03/08/19 Sold $35,000 -26.9% --
02/19/2019 02/19/19 Pending -- -- --
11/07/2018 11/07/18 For Sale $47,900 -- --
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,098 $335,667 $0 $0
2024 $2,918 $306,300 $88,900 $217,400
2023 $2,701 $283,533 $0 $0
2022 $2,485 $260,767 $0 $0
2021 $2,278 $238,000 $66,900 $171,100
2020 $2,229 $232,900 $0 $0
2019 $474 $49,567 $0 $0
2018 $452 $47,900 $47,900 $0
2017 $390 $44,567 $0 $0
2016 -- $41,233 $0 $0
2015 $619 $37,900 $0 $0
2014 $619 $37,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO100288

Bright MLS

APN: 03-109976

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