Seller's Agent in 2024
Jake Spence
BHHS PenFed (actual)
(302) 598-6858
6 in this area
42 Total Sales
10518 Cathell Rd Berlin, MD 21811
Estimated Value: $400,283 - $437,000
3
Beds
2
Baths
1,288
Sq Ft
$323/Sq Ft
Est. Value
Highlights
- 1 Acre Lot
- Rambler Architecture
- 1 Car Detached Garage
- Ocean City Elementary School Rated A
- No HOA
- Parking Storage or Cabinetry
About This Home
As of August 2024Charming Rural Retreat with 1 Acre Lot.
Welcome to 10518 Cathell Rd, Berlin, MD 21811, a delightful property offering the best of peaceful, rural living. This inviting home sits on a generous 1-acre lot, providing ample space for outdoor enjoyment and expansion.
Step inside to discover a well-maintained interior featuring 3 bedrooms and 2 bathrooms. The interior layout is designed for comfort and functionality, with sunroom off of the rear of the home].
One of the standout features of this property is its prime location—conveniently situated outside town limits, offering the tranquility of country living while remaining close to essential amenities and services. With no HOA.
Outside, the expansive yard presents endless possibilities for gardening, recreation, or even potential expansion. Enjoy peaceful evenings under the stars or host gatherings with family and friends in this serene outdoor setting.
Don't miss the opportunity to own this charming rural retreat with a spacious lot and the flexibility to create your dream home. Schedule a showing today and experience the allure of 10518 Cathell Rd firsthand.
Last Agent to Sell the Property
(302) 598-6858 jake.spence@cbmove.com Berkshire Hathaway HomeServices PenFed Realty License #5001452 Listed on: 04/26/2024
Co-Listed By
(410) 726-4301 gerdie@cbmove.com Berkshire Hathaway HomeServices PenFed Realty - OP License #17477
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,272
Year Built
- Built in 1985
Lot Details
- 1 Acre Lot
- Property is zoned A-1
Parking
- 1 Car Detached Garage
- Parking Storage or Cabinetry
- Front Facing Garage
- Driveway
Home Design
- Rambler Architecture
- Block Foundation
- Stick Built Home
Interior Spaces
- 1,288 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Heat Pump System
- Heating System Powered By Leased Propane
- Well
- Propane Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2403009890
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2024
Closed on
Aug 14, 2024
Sold by
Boulanger Joseph and Braun Jessica
Bought by
Edberg Steven Neil and Edberg Amy
Seller's Agent
Jake Spence
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Jen Labesky
Keller Williams Realty Delmarva
List Price
$410,000
Sold Price
$390,000
Premium/Discount to List
-$20,000
-4.88%
Views
105
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,071
Avg. Annual Appreciation
5.69%
Original Mortgage
$210,000
Outstanding Balance
$207,660
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$208,411
Purchase Details
Closed on
Jan 10, 2022
Sold by
Lomac Nancy Le
Bought by
Boulanger Joseph and Braun Jessica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,570
Interest Rate
6.61%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 26, 2016
Sold by
Le Owens Nancy and Le Lomac Nancy
Bought by
Le Lomac Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 25, 2007
Sold by
Ruckman Thomas B and Ruckman Jane M
Bought by
Le Owens Nancy
Purchase Details
Closed on
May 21, 2007
Sold by
Ruckman Thomas B and Ruckman Jane M
Bought by
Le Owens Nancy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Edberg Steven Neil | $390,000 | Fidelity National Title | |
| Edberg Steven Neil | $390,000 | Fidelity National Title | |
| Boulanger Joseph | $355,000 | -- | |
| Boulanger Joseph | $355,000 | None Listed On Document | |
| Le Lomac Nancy | -- | None Available | |
| Le Owens Nancy | -- | -- | |
| Le Owens Nancy | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Edberg Steven Neil | $210,000 | |
| Closed | Edberg Steven Neil | $210,000 | |
| Previous Owner | Boulanger Joseph | $348,570 | |
| Previous Owner | Le Lomac Nancy | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2024 08/14/24 | Sold | $390,000 | -2.3% | $303 / Sq Ft |
| 05/16/2024 05/16/24 | Price Changed | $399,000 | -2.7% | $310 / Sq Ft |
| 04/26/2024 04/26/24 | For Sale | $410,000 | -- | $318 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,618 | $302,033 | $0 | $0 |
| 2024 | $2,618 | $263,800 | $80,000 | $183,800 |
| 2023 | $2,272 | $237,367 | $0 | $0 |
| 2022 | $1,910 | $210,933 | $0 | $0 |
| 2021 | $1,851 | $184,500 | $80,000 | $104,500 |
| 2020 | $1,851 | $184,500 | $80,000 | $104,500 |
| 2019 | $1,846 | $184,500 | $80,000 | $104,500 |
| 2018 | $1,761 | $192,700 | $90,000 | $102,700 |
| 2017 | $1,737 | $182,933 | $0 | $0 |
| 2016 | $1,591 | $173,167 | $0 | $0 |
| 2015 | $1,651 | $163,400 | $0 | $0 |
| 2014 | $1,651 | $163,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jake Spence
-
Greg Erdie
Seller Co-Listing Agent in 2024
Greg Erdie
Berkshire Hathaway HomeServices PenFed Realty - OP
(410) 726-4301
23 in this area
38 Total Sales
-
Jen Labesky
J
Buyer's Agent in 2024
Jen Labesky
Keller Williams Realty Delmarva
3 in this area
15 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2020512
APN: 03-009890
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