NOT LISTED FOR SALE

1 Seafarer Ln Berlin, MD 21811

Estimated Value: $313,000 - $366,000

3 Beds
2 Baths
1,120 Sq Ft
$299/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $165,000 $147 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,124/month

96 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Central Air
  • Showell Elementary School Rated A-
  • Community Pool
  • Heat Pump System

About This Home

As of June 2019

Trade a little elbow grease for incredible value with this is tremendous price-LEAST EXPENSIVE 3bed/2bath on market in Ocean Pines and priced less than lowest price 3/2 sale in past 30 days! Wonderful corner lot with 3bed/2 bath home. Home has granite and custom tile in bath and tile floor throughout. Go take a look and make an offer.

Last Agent to Sell the Property

Jeannie Betten

Berkshire Hathaway HomeServices PenFed Realty License #RS-0024733 Listed on: 02/28/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Kimberlee Deppe

Berkshire Hathaway HomeServices PenFed Realty-WOC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 1982

Lot Details

  • 0.27 Acre Lot
  • Property is zoned R-3

HOA Fees

  • $82 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 03-077128

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,320

Year Built

Built in 1982

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1982
  • Remarks Public: Trade a little elbow grease for incredible value with this is tremendous price-LEAST EXPENSIVE 3bed/2bath on market in Ocean Pines and priced less than lowest price 3/2 sale in past 30 days! Wonderful corner lot with 3bed/2 bath home. Home has granite and custom tile in bath and tile floor throughout. Go take a look and make an offer.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 156.25
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 986.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.27
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11853.00
  • Year Assessed: 2018
  • Zoning: R-3
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5384560
  • Tax Annual Amount: 1320.00
  • Assessor Parcel Number: 03-077128
  • Tax Lot: 43
  • Tax Total Finished Sq Ft: 1120
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 06/27/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Jun 27, 2019
Sold by
Kazerouni Bijan M and Lynn Kazerouni G
Bought by
Katz Michael J
Seller's Agent
Jeannie Betten
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Kimberlee Deppe
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$200,000
Sold Price
$165,000
Premium/Discount to List
-$35,000
-17.5%
Total Days on Market
96
Current Estimated Value
$335,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,249
Avg. Annual Appreciation
11.92%
Original Mortgage
$132,000
Outstanding Balance
$116,874
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$207,740

Purchase Details

Closed on
Sep 14, 2005
Sold by
Forchielli Gino A and Forchielli Anna M.
Bought by
Kazerouni Bijan M and Lynn Kazerouni

Purchase Details

Closed on
Jun 12, 1998
Sold by
Schweitzer Raymond W
Bought by
Forchielli Gino A and Forchielli Anna M

Purchase Details

Closed on
Dec 31, 1990
Sold by
Miller James R
Bought by
Schweitzer Raymond W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
9.68%
Source: Public Records

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Range of Values:

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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
Katz Michael J $165,000 Capitol Title Group
Kazerouni Bijan M $150,000 --
Forchielli Gino A $75,500 --
Schweitzer Raymond W $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katz Michael J $132,000
Previous Owner Schweitzer Raymond W $23,000
Closed Forchielli Gino A --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $165,000 -5.7% $147 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
04/30/2019 04/30/19 Price Changed $175,000 -2.2% $156 / Sq Ft
04/23/2019 04/23/19 Price Changed $179,000 -10.5% $160 / Sq Ft
02/28/2019 02/28/19 For Sale $200,000 -- $179 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $2,181 $228,900 $82,800 $146,100
2023 $1,947 $204,300 $0 $0
2022 $1,712 $179,700 $0 $0
2021 $1,484 $155,100 $67,500 $87,600
2020 $1,434 $149,867 $0 $0
2019 $1,384 $144,633 $0 $0
2018 $1,314 $139,400 $62,500 $76,900
2017 $1,194 $132,733 $0 $0
2016 -- $126,067 $0 $0
2015 $1,278 $119,400 $0 $0
2014 $1,278 $119,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO103904

Bright MLS

APN: 03-077128